Daily Newsletter: Monday December 29, 2014

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30 Year Fixed

                                                                3.87%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.14%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.21%
                                                                  
                                                                -0.0389

FNMA 30YR 3.5

                                                                104-03
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-25
                                                                  
                                                                +0-02

View Today's Rates

Monday December 29, 2014

Mortgage Rate Watch - 4:38PM

Mortgage Rates Chip Away at Recent Weakness

Mortgage rates continued chipping away at the moderately abrupt increases seen last week. Today's gains were indirectly a result of political instability in Greece. After Greece's parliament ...

MBS Commentary - 2:03PM

MBS MID-DAY: Rally Pulls Back After Fuel Dries up

It's been a pretty simple trading session. Overall, participation remains much lower than normal, but has picked up from Friday's levels (which were the lowest of 2014). Much of the ...

Pipeline Press - 2:56PM

Wall Street Renovating Properties; LOs Influencing Appraisers; Why Youth Shouldn't be in Lending

In spite of the holidays notes and letters continued to come in, and covered a number of topics including influencing appraisers, how renovating properties is not for the timid, whether ...

MBS Commentary - 7:27AM

MBS Week Ahead: Holiday-Shortened Week and Year-End Trading Potential

The end of the month, quarter, or year brings additional trading considerations and we have all three this week. Some measure of "year-end" trading will have already taken place, but ...

Latest Video

Housing in 2015: Boom or bust?

Affordability concerning home buyers

Does Greece leave euro zone?

More News from 'Around the Web'

WSJ - 4:13PM
Will the Labor Force See a Resurgence? The Question Divides Economists
Bloomberg - 4:12PM
You Can Now Build a Million Dollar Home Via Your iPad Builder App - Bloomberg
blog.redfin.com - 2:29PM
Homebuyers More Concerned About Affordability Than the Lack of Homes for Sale
blog.redfin.com - 2:29PM
Prices Hold Strong as Home Sales Drop in November
Market Watch - 2:29PM
Bernanke admits FOMC meetings are deadly boring'
Bloomberg - 2:22PM
Bond Yields at Records Suggest Limited Declines in 2015 - Bloomberg
CNBC - 11:51AM
Housing takes a breather: Why that's good
Bloomberg - 11:50AM
Samaras Vote Failure Spurs Turmoil in Stock, Bond Markets - Bloomberg
Google News - 11:49AM
The 2015 slash to VA loan limits will have little impact on veterans, even in hardest-hit DC suburbs
Calculated Risk Blog - 8:48AM
Black Knight: House Price Index up slightly in October, Up 4.5% year-over-year
Reuters - 8:48AM
Credit Suisse vows to fight New York mortgage securities case
CNBC - 8:48AM
US Treasurys rise as Greek turmoil resurfaces
CNN - 12:27AM
Housing 2015: The return of first-time home buyers
Bloomberg - 12:20AM
Treasury Curve Flattens Most Since '05 as Fed Prepares Rate Rise - Bloomberg
rss.nytimes.com - 12:17AM
Japan Unveils $29 Billion Stimulus Package
Calculated Risk Blog - 12:16AM
Question #8 for 2015: How much will Residential Investment increase?

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.87%

-0.04

15 Yr FRM

3.14%

-0.03

FHA 30 Year Fixed

3.35%

-0.05

Jumbo 30 Year Fixed

3.76%

-0.04

5/1 Yr ARM

3.25%

+0.00

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

3.83%

0.60

+0.03

15 Yr. Fixed

3.10%

0.60

+0.01

1 Yr. ARM

2.39%

0.40

+0.01

5/1 Yr. ARM

3.01%

0.50

+0.06

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

101-00

+0-06

30YR FNMA 3.5

104-03

+0-05

30YR GNMA 3.0

102-05

+0-06

30YR GNMA 3.5

104-25

+0-07

15YR FNMA 3.0

103-25

+0-02

15YR FNMA 2.5

101-22

+0-05

Treasuries

Yield

Change

2 YR

0.7157%

-0.0276

5 YR

1.7134%

-0.0444

10 YR

2.2092%

-0.0389

30 YR

2.7758%

-0.0377

Prices as of: 12/29/2014 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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