Daily Newsletter: Wednesday October 21, 2015

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30 Year Fixed

                                                                3.85%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.11%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.03%
                                                                  
                                                                -0.0442

FNMA 30YR 3.5

                                                                104-16
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                104-13
                                                                  
                                                                +0-03

View Today's Rates

Wednesday October 21, 2015

MND NewsWire - 3:30PM

FICO Score Dip to Four-Year Low -Ellie Mae

It was only a small change, but a 1 percent decline in the average FICO scores for loans originated in September took that metric to its lowest level in at least four years. Ellie Mae ...

MND NewsWire - 8:51AM

Government Applications and TRID Drive Application Volatility

The Mortgage Bankers Association (MBA) said that increases in applications for both FHA and VA mortgages were behind a jump in its Market Composite Index during the week ended October ...

Mortgage Rate Watch - 4:02PM

Mortgage Rates Improve Cautiously

Mortgage rates bounced back to some extent today, after yesterday's bigger move higher. The bond markets that underlie mortgage rates actually made a near-full recovery, but lenders ...

Pipeline Press - 10:49AM

The Continued Cost of Compliance and Its Impact on Borrowers

As the San Diego MBA conference wraps up, one is reminded that many lenders are having fine years and some can't believe their good fortune. Others might say that the tone is "cautiously ...

Latest Video

Mortgage melodrama

Are low interest rates enough?

Soaring demand for rentals

More News from 'Around the Web'

CNBC - 4:17PM
BlackRock: Bring on the rate hikes
www.gallup.com - 4:16PM
U.S. Consumers' Holiday Spending Intentions Best Since 2007
www.realtor.com - 4:15PM
CFPB Admits Loan Disclosure Rules Rollout Hasn't Been Smooth
Reuters - 2:57PM
Goldman adding data scientists, marketers in consumer lending push
Bloomberg - 1:06PM
Deutsche Bank: Central Bank Interest Rates Haven't Reached 'Absolute Zero' Yet
CNBC - 1:06PM
US headed for negative interest rates?
www.freddiemac.com - 1:05PM
Freddie Mac's Plans for the Future
Market Watch - 10:56AM
Bond Report: Treasury yields fall amid global central bank stimulus expectations
Calculated Risk Blog - 10:55AM
AIA: Strong Rebound for Architecture Billings Index in September
webfeeds.brookings.edu - 10:21AM
Fed communication: Clarity or confusion?
CNBC - 10:18AM
Economy in 'vicious cycle': Summers
Calculated Risk Blog - 8:26AM
MBA: Mortgage Applications Increase in Latest Weekly Survey, Purchase Applications up 9% YoY
Bloomberg - 8:20AM
It's Better for Millennials to Buy Than Rentâ"For Now

Today's Comments

Pipeline Press - 1:52PM

"Great to know that "behavioral economists" are now helping guide CFPB. I was afraid they might do something totally crazy like ask loan officers, underwriters, or title closers to give their input on what borrowers do/don't comprehend!..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.85%

-0.01

15 Yr FRM

3.11%

-0.01

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.65%

+0.02

5/1 Yr ARM

2.95%

+0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.49%

1.29

+0.13

30 Yr. Fixed

4.20%

1.45

+0.16

MBA **

30 Yr. Fixed

4.08%

0.45

-0.01

15 Yr. Fixed

3.29%

0.41

-0.02

30 Yr. Jumbo

3.96%

0.35

-0.03

30 Yr. FHA

3.87%

0.34

-0.01

5/1 ARM

2.95%

0.41

+0.00

Freddie Mac **

30 Yr. Fixed

3.82%

0.60

+0.06

15 Yr. Fixed

3.03%

0.60

+0.04

1 Yr. ARM

2.54%

0.20

-0.01

5/1 Yr. ARM

2.88%

0.40

+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

101-20

+0-06

30YR FNMA 3.5

104-16

+0-05

30YR GNMA 3.0

102-08

+0-04

30YR GNMA 3.5

104-26

+0-04

15YR FNMA 3.0

104-13

+0-03

15YR FNMA 2.5

102-11

+0-04

Treasuries

Yield

Change

2 YR

0.6250%

-0.0081

5 YR

1.3569%

-0.0345

10 YR

2.0263%

-0.0442

30 YR

2.8663%

-0.0503

Prices as of: 10/21/2015 4:30PM 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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