Daily Newsletter: Wednesday January 7, 2015

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30 Year Fixed

                                                                3.71%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.05%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.97%
                                                                  
                                                                +0.0258

FNMA 30YR 3.5

                                                                105-01
                                                                  
                                                                -0-07

FNMA 15YR 2.5

                                                                104-13
                                                                  
                                                                0-00

View Today's Rates

Wednesday January 7, 2015

Mortgage Rate Watch - 5:03PM

Mortgage Rates Higher, but Still Stellar

Mortgage rates moved slightly higher today, but remained close to the lowest they've been since May 2013. The only day with any lower rates since then, was yesterday. The pull-back ...

MND NewsWire - 10:06AM

Researchers Argue for Lower FHA Premiums

In mid-November the Federal Housing Administration (FHA) announced that its Mutual Mortgage Insurance Fund (MMI) had returned to solvency . The fund, damaged by the collapse in housing ...

MBS Commentary - 5:03PM

MBS RECAP: Conforming MBS Hold 2-Day Range; Govies Not so Much

It actually turned out to be a rather boring day for the parts of the bond market with which we normally concern ourselves. Treasuries and conforming MBS both held well-inside yesterday ...

MND NewsWire - 9:58AM

Delinquencies Spiked in November; Annual Trend Continues Lower

Black Knight Financial Services, a division of Fidelity National Financial, has released its "first look" at November mortgage performance data. The company provides this monthly preview ...

Latest Video

Fed: Could hike at current level of core inflation

Obama to reduce FHA mortgage premiums

Futures Now: 10-year below 2%

More News from 'Around the Web'

CNBC - 4:47PM
Santelli: Debating rates crazy
WSJ - 3:39PM
Highlights from the December Fed Minutes
Federal Reserve - 2:42PM
Minutes of the Federal Open Market Committee, December 16-17, 2014
CNBC - 2:42PM
Fed hike could come with low inflation: Minutes
Calculated Risk Blog - 2:42PM
FOMC Minutes: "Participants would want to be reasonably confident that inflation will move back toward 2 percent over time"
Bloomberg - 2:37PM
Yellen Tells Bond Traders Not to Pay Too Much Attention to Oil - Bloomberg
CNBC - 1:59PM
FHA to lower cost of mortgage insurance
CNBC - 1:59PM
Some bond investors don't mind losing
Fannie Mae - 1:59PM
News Release - Consumers Not Ready to Move on Housing ...
WSJ - 12:05PM
Why Apartment-Rent Gains Could Begin To Slow Down
CNBC - 11:01AM
Obama to announce cut in FHA premiums -Bloomberg
WSJ - 10:06AM
Deflation Threat Level Rises for ECB
CNBC - 9:41AM
US international trade deficit at $39B
Calculated Risk Blog - 8:21AM
ADP: Private Employment increased 241,000 in December
CNBC - 8:20AM
Mortgage applications take unusually big break
WSJ - 8:20AM
5 Things to Watch in the Fed's December Minutes

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.71%

+0.03

15 Yr FRM

3.05%

+0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.65%

+0.02

5/1 Yr ARM

3.25%

+0.03

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

3.87%

0.60

+0.04

15 Yr. Fixed

3.15%

0.60

+0.05

1 Yr. ARM

2.40%

0.40

+0.01

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

102-12

-0-06

30YR FNMA 3.5

105-01

-0-07

30YR GNMA 3.0

103-02

-0-17

30YR GNMA 3.5

105-09

-0-17

15YR FNMA 3.0

104-13

0-00

15YR FNMA 2.5

102-16

0-00

Treasuries

Yield

Change

2 YR

0.6131%

-0.0159

5 YR

1.4779%

-0.0001

10 YR

1.9677%

+0.0258

30 YR

2.5303%

+0.0259

Prices as of: 1/7/2015 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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