Daily Newsletter: Friday January 9, 2015

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30 Year Fixed

                                                                3.71%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.04%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.96%
                                                                  
                                                                -0.0556

FNMA 30YR 3.5

                                                                105-04
                                                                  
                                                                +0-07

FNMA 15YR 2.5

                                                                104-17
                                                                  
                                                                +0-05

View Today's Rates

Friday January 9, 2015

MND NewsWire - 12:21PM

Update on Mortgage Insurance Cut: FHA to Allow Case Number Cancellation

Details and clarifications are now available for lenders and borrowers regarding President Obama's Thursday announcement of reduced FHA mortgage insurance premiums (MIP). In addition ...

Mortgage Rate Watch - 3:53PM

Mortgage Rates End Week Near 19 Month Lows

Mortgage rates moved lower after this morning's Employment Situation Report, though not necessarily because of it. After 2 days spent correcting from strong move lower in stock prices ...

MND NewsWire - 3:03PM

Negative Equity Nearing Pre-Crisis Levels

Owners of some 90 percent of mortgage properties in the U.S. now have some degree of equity in their homes. CoreLogic said today that 273,000 properties returned to a positive equity ...

MBS Commentary - 1:26PM

MBS MID-DAY: Bonds Stay Green After NFP, Fed-Speak, Greek Polls, Stocks, and France

It's been a surprisingly busy morning for financial markets, and very little of that has to do with NFP. Bonds were slightly stronger overnight and after a small, but volatile reaction ...

Latest Video

Nonfarm payrolls up 252,000

How Fed interprets jobs

Economists not distracted by low wages

More News from 'Around the Web'

freddiemac.mwnewsroom.com - 4:54PM
Freddie Mac Reduces Credit Risk With Three New ACIS Insurance Policies With a Combined $707 Million Limit
WSJ - 4:53PM
Was 2014 Really the Strongest Year of Job Growth Since 1999?
CNBC - 4:53PM
Wage drop not the beginning of a trend: Economist
WSJ - 3:19PM
The Fed's Puzzle: How Low Can Unemployment and Inflation Both Go?
WSJ - 3:19PM
Fed's Lacker Says Oil Plunge Complicates Inflation Outlook
WSJ - 3:19PM
5 Takeaways from the December Jobs Report
Market Watch - 12:50PM
Fed can be 'a little bit late' with rate hike: Lockhart
Market Watch - 12:38PM
Fed hands record $98.7 billion to Treasury
Reuters - 12:38PM
ECB's Hansson says full-scale QE before Greek elections 'problematic': Bloomberg
www.csbs.org - 12:37PM
Oregon Begins Using Uniform Mortgage Test; 46 State Agencies Now Using the Test, Which Streamlines the License Application Process
Reuters - 10:35AM
JPMorgan settles lawsuit over defective Bear Stearns mortgage debt
Reuters - 10:35AM
ECB looking at risk-sharing mix for QE plan: sources
CNBC - 10:34AM
This is America's worst state for housing
Market Watch - 10:34AM
Condo-fee foreclosures become headache for homeowners
HUD - 10:07AM
Reduction of Federal Housing Administration (FHA) annual Mortgage Insurance Premium (MIP) rates and Temporary Case Cancellation Authority
blogs.wsj.com - 9:39AM
Fed's Evans Tells CNBC Don't Raise Rates Until 2016
Bloomberg - 9:28AM
How OPEC Weaponized the Price of Oil Against U.S. Drillers
CNBC - 9:14AM
Wall Street encouraged by nonfarm payrolls

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.71%

-0.03

15 Yr FRM

3.04%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.64%

-0.03

5/1 Yr ARM

3.24%

+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

3.73%

0.60

-0.14

15 Yr. Fixed

3.05%

0.50

-0.10

1 Yr. ARM

2.39%

0.40

-0.01

5/1 Yr. ARM

2.98%

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

102-14

+0-09

30YR FNMA 3.5

105-04

+0-07

30YR GNMA 3.0

103-08

+0-09

30YR GNMA 3.5

105-17

+0-11

15YR FNMA 3.0

104-17

+0-05

15YR FNMA 2.5

102-20

+0-04

Treasuries

Yield

Change

2 YR

0.5690%

-0.0360

5 YR

1.4288%

-0.0572

10 YR

1.9553%

-0.0556

30 YR

2.5380%

-0.0542

Prices as of: 1/9/2015 4:32PM 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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