Daily Newsletter: Friday December 12, 2014

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30 Year Fixed

                                                                3.87%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.12%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.09%
                                                                  
                                                                -0.0873

FNMA 30YR 3.5

                                                                104-12
                                                                  
                                                                +0-09

FNMA 15YR 2.5

                                                                104-07
                                                                  
                                                                +0-09

View Today's Rates

Friday December 12, 2014

Mortgage Rate Watch - 4:16PM

Mortgage Rates Close to a Major Milestone

Mortgage rates improved again today rounding out an entire week of gains. They're nothing to shake a stick at, either. Although the most prevalently-quoted 30yr fixed rate for top tier ...

MND NewsWire - 5:19PM

Senate Extends Foreclosure Protection for Military; House Approval still Required

Amid the wrangling over the budget and the CIA report the Senate did manage to extend some extra foreclosure protections for military service members who have recently returned from ...

MND NewsWire - 5:24PM

Robo-Call Debt Collection Practices under Fire

Bank of America was hit this week with another civil penalty , this time for making what are termed excessive and harassing mortgage debt collection calls. A federal court judge has ...

MBS Commentary - 12:51PM

MBS MID-DAY: More Fuel For the Rally, and Not Just Oil

It's impossible to get away from oil headlines today. They're everywhere. Even smart people are succumbing to the temptation of oversimplifying the current state of financial markets ...

Latest Video

10-year Note yield: 2.132%

Santelli: 3 numbers to memorize

Oil colliding with slowing global growth story

More News from 'Around the Web'

WSJ - 4:54PM
Fed's Stanley Fischer Discusses Big-Bank Political Influence
Market Watch - 2:38PM
Foreclosure help for troops to be permanent
Calculated Risk Blog - 2:38PM
Merrill and Nomura: FOMC Preview
CNN - 1:47PM
What Wall Street won from Congress in budget deal
Bloomberg - 1:40PM
Bill Gross: The Fed Should Keep Rate Expectations Low - Bloomberg
Market Watch - 11:58AM
Fed's Kocherlakota will step down in 2016
Reuters - 11:58AM
U.S. Senate appears set to pass spending bill, timing uncertain
CNBC - 10:32AM
Would deflation really be that bad?
Calculated Risk Blog - 10:25AM
Preliminary December Consumer Sentiment increases to 93.8
CNBC - 8:54AM
US Producer Price Index down 0.2% in Nov vs. down 0.1% expected
Calculated Risk Blog - 8:51AM
Sacramento Housing in November: Total Sales down 6% Year-over-year, Active Inventory increased 37%

Today's Comments

Mortgage Rate Watch - 12:28PM

"It always seems like its a good time to buy when others aren't...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.87%

+0.00

15 Yr FRM

3.12%

-0.01

FHA 30 Year Fixed

3.35%

+0.00

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

3.93%

0.50

+0.04

15 Yr. Fixed

3.20%

0.50

+0.10

1 Yr. ARM

2.40%

0.40

-0.01

5/1 Yr. ARM

2.98%

0.50

+0.04

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

101-10

+0-13

30YR FNMA 3.5

104-12

+0-09

30YR GNMA 3.0

102-29

+0-12

30YR GNMA 3.5

105-04

+0-08

15YR FNMA 3.0

104-07

+0-09

15YR FNMA 2.5

102-04

+0-12

Treasuries

Yield

Change

2 YR

0.5481%

-0.0599

5 YR

1.5147%

-0.0871

10 YR

2.0852%

-0.0873

30 YR

2.7394%

-0.0736

Prices as of: 12/12/2014 4:29PM 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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