Daily Newsletter: Tuesday December 23, 2014

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30 Year Fixed

                                                                3.91%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                3.16%
                                                                  
                                                                +0.04

10YR Treasury

                                                                2.27%
                                                                  
                                                                +0.1075

FNMA 30YR 3.5

                                                                103-23
                                                                  
                                                                -0-16

FNMA 15YR 2.5

                                                                103-20
                                                                  
                                                                -0-06

View Today's Rates

Tuesday December 23, 2014

Mortgage Rate Watch - 5:09PM

Mortgage Rates Significantly Higher

Mortgage rates moved decisively higher today, fueled primarily by the lack of market participation common to this holiday week. Light staffing levels don't always mean rates will rise ...

MND NewsWire - 11:46AM

New Home Sales Still Capped by Post-Meltdown Ceiling

Sales of new homes fell in November, coming in 1.6 percent below sales the previous month. The U.S. Census Bureau and the Department of Housing and Urban Development said today that ...

MND NewsWire - 11:37AM

Home Prices Near Pre-Recession Peak, as Gains Slow

Home prices nationally, which essentially flat-lined in September, appear to have resume a moderate rate of increase. The Federal Housing Finance Agency (FHFA) said on Tuesday that ...

Pipeline Press - 10:34AM

Rent Increase Estimates; Fannie, Freddie, and Ginnie Updates

Let's talk about the $26 billion in equity gain in Colorado in 2014 - Rocky Mountain High! What are not gaining are the stock prices of non-bank servicers . At one point yesterday Ocwen ...

Latest Video

November new home sales drop 1.6%

Santelli: Creating bubbles for future worry

Q3 GDP (Rev) up 5.0%

More News from 'Around the Web'

WSJ - 4:13PM
Construction Costs Rising as Economy Improves
Bloomberg - 2:51PM
Wells Fargo Sued by Credit Union Regulator Over Trustee Role - Bloomberg
Market Watch - 1:50PM
The Fed: No game-changers in data for Fed
Bloomberg - 1:49PM
Treasuries Fall as U.S. Auctions $35 Billion in Five-Year Notes - Bloomberg
Calculated Risk Blog - 1:49PM
Comments on New Home Sales
WSJ - 11:49AM
Inflation Reading Misses Fed's Target for 31st Straight Month
Reuters - 11:48AM
U.S. consumer sentiment rises to best since 2007
CNBC - 10:13AM
New home sales fall in November
Bloomberg - 10:13AM
Consumer Spending Beats Forecast as U.S. Gasoline Prices Drop - Bloomberg
freddiemac.mwnewsroom.com - 10:13AM
Better Housing Fundamentals Helping More Markets Stabilize
Federal Reserve - 10:12AM
Federal Reserve Board announces appraisals for Higher-Priced Mortgage Loans exemption threshold adjustment
Bloomberg - 8:39AM
Durable Goods Orders in U.S. Unexpectedly Fell 0.7% in November - Bloomberg
Bloomberg - 8:39AM
Economy Grows by Most in a Decade on U.S. Consumer-Spending Gain - Bloomberg
Bloomberg - 8:38AM
German Bond Yields Approach Record Low Before Key Greek Ballot - Bloomberg
Market Watch - 8:37AM
Radian Group's stock rallies after asset assurance sale agreement

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.91%

+0.05

15 Yr FRM

3.16%

+0.04

FHA 30 Year Fixed

3.45%

+0.10

Jumbo 30 Year Fixed

3.80%

+0.07

5/1 Yr ARM

3.24%

-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

3.80%

0.60

-0.13

15 Yr. Fixed

3.09%

0.60

-0.11

1 Yr. ARM

2.38%

0.40

-0.02

5/1 Yr. ARM

2.95%

0.50

-0.03

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

100-17

-0-21

30YR FNMA 3.5

103-23

-0-16

30YR GNMA 3.0

101-22

-0-19

30YR GNMA 3.5

104-14

-0-13

15YR FNMA 3.0

103-20

-0-06

15YR FNMA 2.5

101-14

-0-09

Treasuries

Yield

Change

2 YR

0.7433%

+0.0807

5 YR

1.7355%

+0.0767

10 YR

2.2658%

+0.1075

30 YR

2.8563%

+0.1111

Prices as of: 12/23/2014 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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