Daily Newsletter: Monday December 7, 2015

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30 Year Fixed

                                                                3.98%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.23%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.24%
                                                                  
                                                                -0.0371

FNMA 30YR 3.5

                                                                103-16
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-16
                                                                  
                                                                +0-03

View Today's Rates

Monday December 7, 2015

MND NewsWire - 7:36PM

Objective Recap of Accusations Levied at 'Big Banks' and MBA

The New York Times has fired the first salvo in what already looks like a battle of words between it and the mortgage finance industry with the Mortgage Bankers Association (MBA) leading ...

MND NewsWire - 6:57PM

Consumers go Bearish again on Home Selling

The latest Home Purchase Sentiment Index (HPSI) remained at an elevated level Fannie Mae said today, but internal data within the index does not bode well for housing inventories. The ...

Mortgage Rate Watch - 5:01PM

Mortgage Rates Erase More of Last Week's Spike

Mortgage rates continued lower at a decent pace today, further eroding the big move higher seen last Thursday. While the average lender isn't quite back to where they were before the ...

MND NewsWire - 10:53AM

High LTV Conforming Loans not Threatening FHA

The government sponsored enterprises'' (GSE's) introduction of 97 percent loan-to-value (LTV) mortgages, implemented by Fannie Mae' in late 2014 and by Freddie Mac in the spring of ...

Latest Video

Cashin: 'One of the weirdest days in 50 years of trading'

Is the bond market signaling trouble ahead?

10-year slowly moves higher: Economist

More News from 'Around the Web'

Calculated Risk Blog - 5:10PM
Phoenix Real Estate in November: Sales up 6%, Inventory down 9%
Bloomberg - 5:08PM
Pimco Names Bernanke, Brown, Trichet to Global Advisory Board
Market Watch - 1:32PM
Capitol Report: Big banks may have Fannie, Freddie in their sights, report says
CNBC - 1:32PM
Is bond market signaling doom?
CNBC - 1:32PM
This trend is rocking real estate
www.wellsfargo.com - 10:56AM
Wells Fargo survey: 2015 gains in small business optimism erased
freddiemac.mwnewsroom.com - 9:59AM
Freddie Mac Makes Publicly Available Single-Family Loan-Level Data on All Fixed-Rate Mortgages
www.nytimes.com - 9:12AM
A Revolving Door Helps Big Banks' Quiet Campaign to Muscle Out Fannie and Freddie
www.freddiemac.com - 8:54AM
It's About the Buildings and the Tenants
Calculated Risk Blog - 8:53AM
Black Knight October Mortgage Monitor
Reuters - 2:38AM
Fed's Yellen faces battle in 2016 after getting all clear for December hike
Bloomberg - 2:35AM
This Investor Scoops Up Treasuries in Bet Fed Move Is Priced In

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.98%

-0.05

15 Yr FRM

3.23%

-0.02

FHA 30 Year Fixed

3.68%

-0.04

Jumbo 30 Year Fixed

3.81%

-0.04

5/1 Yr ARM

2.97%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.45%

1.20

-0.01

30 Yr. Fixed

4.12%

1.43

-0.05

MBA **

30 Yr. Fixed

4.14%

0.49

-0.04

15 Yr. Fixed

3.39%

0.43

-0.01

30 Yr. Jumbo

3.99%

0.30

-0.06

30 Yr. FHA

3.87%

0.49

-0.03

5/1 ARM

3.19%

0.38

+0.01

Freddie Mac **

30 Yr. Fixed

3.93%

0.60

-0.02

15 Yr. Fixed

3.16%

0.50

-0.02

1 Yr. ARM

2.61%

0.30

+0.02

5/1 Yr. ARM

2.99%

0.50

-0.02

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

100-11

+0-07

30YR FNMA 3.5

103-16

+0-05

30YR GNMA 3.0

101-19

+0-04

30YR GNMA 3.5

104-12

+0-05

15YR FNMA 3.0

103-16

+0-03

15YR FNMA 2.5

101-09

+0-05

Treasuries

Yield

Change

2 YR

0.9349%

-0.0119

5 YR

1.6792%

-0.0279

10 YR

2.2358%

-0.0371

30 YR

2.9651%

-0.0468

Prices as of: 12/7/2015 4:27PM 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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