Daily Newsletter: Monday December 1, 2014

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30 Year Fixed

                                                                3.87%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.10%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.24%
                                                                  
                                                                +0.0631

FNMA 30YR 3.5

                                                                104-02
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                104-03
                                                                  
                                                                -0-03

View Today's Rates

Monday December 1, 2014

MND NewsWire - 2:32PM

Increased Defaults as Interest-Only Loans Recast -Fitch

The ghosts of originations past could still come back to haunt the housing industry according to a new report from Fitch Ratings. The company says that half of those borrowers who have ...

Mortgage Rate Watch - 5:04PM

Mortgage Rates Hold Lows Despite Market Volatility

Mortgage rates were exceptionally low this morning . In many cases, lenders' rate sheets were stronger than those seen early on October 15th, making this morning's rates the best in ...

MND NewsWire - 2:21PM

CoreLogic: Could Lower Energy Prices Stimulate Housing Demand?

Could lower energy costs translate into a more lively real estate market? It seems logical - the less consumers must spend to keep their cars moving and their houses warm the more they ...

Pipeline Press - 9:32AM

Investor Overlays Expected to be Reduced; Rise of Niche Products

I still own a typewriter. But Discover Home Loans conducted a national survey of more than 1,000 recent homebuyers and found that most homebuyers believed they were better buyers due ...

Latest Video

Unlocking home equity

Santelli Exchange: Economic growth divergence

Santelli: Traders in as sellers Monday

More News from 'Around the Web'

WSJ - 5:53PM
Fed's Dudley: Financial Market Reaction Key to Pace of Rate Increases
WSJ - 5:52PM
Lower Gas Prices: How Big a Boost for the Economy?
Bloomberg - 5:40PM
U.S. Corporate Bond Sales Pass $1.5 Trillion for Annual Record - Bloomberg
WSJ - 3:54PM
Fischer: Fed's Current Concern Is How, When Best to Raise Interest Rates
Calculated Risk Blog - 3:04PM
Housing: Demographics for Renting and Buying
Washington Post - 2:37PM
Soaring mortgage fees could cost first-time buyers hundreds of dollars more a month
CNBC - 2:35PM
Fed leak revealed confidential info on bond-buying
www.gallup.com - 1:16PM
Americans' Consumer Spending Inches Up in November
CNBC - 1:15PM
Home equity is back and homeowners are loving it
Bloomberg - 1:09PM
Fed's Dudley Says Oil Decline Will Strengthen Economic Recovery - Bloomberg
Market Watch - 11:48AM
The Fed: Fog of war' gives Fed time to weigh sharp slide in oil prices
Reuters - 10:42AM
U.S. factory activity growth slows in November: ISM
Reuters - 10:14AM
Signs point to March meeting for ECB decision on printing money
www.freddiemac.com - 8:42AM
What's the Big Deal about Small Balance Loans?
CNBC - 8:40AM
US bonds gain as gold, silver, oil prices fall
Bloomberg - 8:40AM
German Bonds' Five-Week Gain Makes Borrowing Cheapest on Record - Bloomberg
Reuters - 8:39AM
Stock futures fall on weak global data, falling commodities
Bloomberg - 12:48AM
ECB Officials Confront Cheaper Oil Spilling Onto Stimulus Debate - Bloomberg
Reuters - 12:47AM
China's official PMI slips to 50.3 in November, below forecast

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.87%

-0.01

15 Yr FRM

3.10%

-0.01

FHA 30 Year Fixed

3.25%

-0.10

Jumbo 30 Year Fixed

3.70%

-0.01

5/1 Yr ARM

3.23%

-0.01

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

4.18%

0.24

-0.01

15 Yr. Fixed

3.38%

0.27

+0.00

30 Yr. Jumbo

4.10%

0.16

-0.03

30 Yr. FHA

3.85%

0.18

-0.05

5/1 ARM

3.09%

0.34

+0.04

Freddie Mac **

30 Yr. Fixed

3.97%

0.50

-0.02

15 Yr. Fixed

3.17%

0.50

+0.00

1 Yr. ARM

2.44%

0.40

+0.00

5/1 Yr. ARM

3.01%

0.50

+0.00

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

100-28

-0-12

30YR FNMA 3.5

104-02

-0-08

30YR GNMA 3.0

102-12

-0-09

30YR GNMA 3.5

104-25

-0-10

15YR FNMA 3.0

104-03

-0-03

15YR FNMA 2.5

101-30

-0-03

Treasuries

Yield

Change

2 YR

0.5039%

+0.0275

5 YR

1.5359%

+0.0424

10 YR

2.2359%

+0.0631

30 YR

2.9636%

+0.0702

Prices as of: 12/1/2014 4:31PM 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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