Daily Newsletter: Monday November 17, 2014

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30 Year Fixed

                                                                3.99%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.19%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.34%
                                                                  
                                                                +0.0177

FNMA 30YR 3.5

                                                                103-14
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                103-27
                                                                  
                                                                -0-06

View Today's Rates

Monday November 17, 2014

Mortgage Rate Watch - 3:42PM

Mortgage Rates Continue to New November Lows

Mortgage rates moved moderately lower again today, setting another new low for the month of November. That said, the movement has been primarily restricted to the upfront costs associated ...

MND NewsWire - 3:37PM

Good News for Housing and Consumers From FHA

Despite dire predictions from many quarters the Federal Housing Administration's (FHA's) Mutual Mortgage Insurance Fund (MMIF) has returned to solvency. And it did it a full three years ...

MND NewsWire - 2:38PM

2015: Economic Growth will Drive Household Formation and Housing Activity

The prognosticators are already gearing up for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank E. Nothaft is forecasting 3.0 percent ...

MBS Commentary - 7:32AM

MBS Week Ahead: Ample Opportunity to Keep Good Times Rolling

I thought for a few minutes about this week's headline. Normally, I'd highlight the key events or considerations, but apart from Wednesday's FOMC Minutes , things are fairly diffuse ...

Latest Video

Santelli: Rates hold lower

Rate hike depends on jobs and inflation: Fed

European markets close: Draghi rallies market

More News from 'Around the Web'

NAHB - 4:50PM
Statement from NAHB Chairman on the Actuarial Review of the FHA Mutual Mortgage Insurance Fund
WSJ - 3:25PM
Long-term Unemployment a Sign of Slack, NY Fed Economists Say
Bloomberg - 2:13PM
Hedge Funds Bet Against Fed's Rate Plan in Contrarian Bond Trade - Bloomberg
CNBC - 1:10PM
Federal Housing Administration back in the black
CNBC - 12:11PM
ECB 'very likely' to buy sovereign bonds: Ex-Member
WSJ - 12:11PM
Deep Recessions Leave Permanent Scars, Fed Research Finds
blog.redfin.com - 10:38AM
6 Home Improvement Fails and Their Solutions
Market Watch - 10:37AM
Why cash-out refinancing, which is on the rise, has its place
freddiemac.mwnewsroom.com - 10:35AM
Freddie Mac November U.S. Economic and Housing Market Outlook
Bloomberg - 10:35AM
Bank of America Gets U.S. High Court Review in Mortgage Clash - Bloomberg
CNBC - 9:19AM
Manufacturing growth expands: NY Fed
Bloomberg - 9:17AM
Pain Trade Ending for Bonds in Poll Saying This Time Bears Right - Bloomberg
www.freddiemac.com - 9:17AM
2015: The Purchase Market Strengthens
Washington Post - 9:09AM
The major cities where homeownership is the most and least affordable
www.ourbroker.com - 9:08AM
Why Credit Scores Are So Common
Reuters - 12:00AM
Spotlight falls on Europe's stuttering economy

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.99%

-0.03

15 Yr FRM

3.19%

-0.02

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.84%

-0.05

5/1 Yr ARM

3.23%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.19%

0.26

+0.02

15 Yr. Fixed

3.38%

0.22

+0.00

30 Yr. Jumbo

4.13%

0.15

+0.00

30 Yr. FHA

3.90%

0.14

+0.06

5/1 ARM

3.05%

0.32

-0.03

Freddie Mac **

30 Yr. Fixed

4.01%

0.50

-0.01

15 Yr. Fixed

3.20%

0.50

-0.01

1 Yr. ARM

2.43%

0.40

-0.02

5/1 Yr. ARM

3.02%

0.50

+0.05

Current Mortgage Rates »

* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.

Secondary Markets

MBS

Price

Change

30YR FNMA 3.0

100-01

+0-01

30YR FNMA 3.5

103-14

+0-01

30YR GNMA 3.0

102-03

+0-02

30YR GNMA 3.5

104-17

+0-01

15YR FNMA 3.0

103-27

-0-06

15YR FNMA 2.5

101-17

-0-05

Treasuries

Yield

Change

2 YR

0.5120%

-0.0039

5 YR

1.6253%

+0.0183

10 YR

2.3381%

+0.0177

30 YR

3.0624%

+0.0185

Prices as of: 11/17/2014 4:30PM EST

Current MBS / Treasury Prices »

MBS and Treasury data provided by Thomson Reuters.

Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.

Secondary Marketing Managers:
If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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