Daily Newsletter: Wednesday March 18, 2015

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30 Year Fixed

                                                                3.75%
                                                                  
                                                                -0.10

15 Year Fixed

                                                                3.03%
                                                                  
                                                                -0.09

10YR Treasury

                                                                1.92%
                                                                  
                                                                -0.1342

FNMA 30YR 3.5

                                                                104-30
                                                                  
                                                                +0-18

FNMA 15YR 2.5

                                                                104-21
                                                                  
                                                                +0-13

View Today's Rates

Wednesday March 18, 2015

Mortgage Rate Watch - 5:28PM

Best Day of the Year for Mortgage Rates Following Fed

Mortgage rates plummeted today , relatively speaking. While the average improvement of 0.10% might not look like much at face value, it's the biggest one-day drop we've had in 2015 ...

MBS Commentary - 5:23PM

MBS RECAP: Bond Market Lets Guard Down After FOMC Events; Big Rally

Most of what would have been written to recap today's events was accidentally written this morning before they happened. The article I'm referring to asked the question: Is the market ...

MND NewsWire - 1:56PM

Weak Year-end Home Values Increase Underwater Numbers

Even though the number of underwater homes increased seasonally in the fourth quarter of 2014, CoreLogic reports that 1.2 million borrowers regained equity in their homes during the ...

MBS Commentary - 7:34AM

MBS Day Ahead: Is The Market Too Far Ahead of a Predictable Fed?

Today is Fed day and naturally, that's where 100% of the focus has been and will be. Markets are convinced that the Fed will remove the word "patient" from the statement and that the ...

Latest Video

Yellen: Not ruling out April rate hike

Is the Fed trying to keep markets guessing?

Crafty move by Fed: Pro

More News from 'Around the Web'

WSJ - 4:31PM
Yellen Says Strong Dollar Holding Down Exports and Inflation, But Reflects U.S. Economy's Strength
WSJ - 4:26PM
Economists React to the Fed's March Statement: No Longer Patient, But Definitely Not Impatient, Yet'
Calculated Risk Blog - 4:26PM
Early Read on Existing Home Sales in February
CNBC - 3:21PM
Dovish Fed whipsaws markets
WSJ - 3:21PM
Fed Officials Trim Back Estimates Of Interest Rate Rises Amid Big Forecast Changes
Bloomberg - 1:50PM
Young Adults Are Losing All Hope of Buying a Starter Home
Market Watch - 12:12PM
Ocwen Financial's stock bounces after deal to sell $9.6 billion portfolio announced
Google News - 10:49AM
What's behind the growing share of bank portfolio lending?
Bloomberg - 10:49AM
Flexible Fed to Keep an Eye on Data
Market Watch - 10:49AM
The Wall Street Journal: Ocwen delays financial report - again
Calculated Risk Blog - 10:49AM
AIA: Architecture Billings Index increases slightly in February
Fannie Mae - 10:48AM
News Release - MLSS Results Show Optimistic Mortgage ...
The Atlantic - 9:02AM
Staying Close to Home, No Matter What
CNBC - 9:01AM
Middle-class families on decline
CNBC - 8:56AM
Mortgage applications fall 3.9% despite drop in rates
WSJ - 8:45AM
Housing Waitsand Waitson Millennials
Calculated Risk Blog - 12:45AM
DataQuick: Southern California February Home Sales down 3% Year-over-year
Reuters - 12:43AM
Fannie, Freddie could need another bailout as risks rise: watchdog
Calculated Risk Blog - 12:43AM
Wednesday: Fed Day!

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.75%

-0.10

15 Yr FRM

3.03%

-0.09

FHA 30 Year Fixed

3.35%

-0.15

Jumbo 30 Year Fixed

3.65%

-0.08

5/1 Yr ARM

3.11%

-0.04

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

4.01%

0.39

+0.05

15 Yr. Fixed

3.29%

0.30

+0.02

30 Yr. Jumbo

4.02%

0.27

+0.07

30 Yr. FHA

3.80%

0.20

+0.04

5/1 ARM

3.18%

0.40

+0.13

Freddie Mac **

30 Yr. Fixed

3.86%

0.60

+0.11

15 Yr. Fixed

3.10%

0.60

+0.07

1 Yr. ARM

2.46%

0.40

+0.02

5/1 Yr. ARM

3.01%

0.50

+0.05

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

102-05

+0-24

30YR FNMA 3.5

104-30

+0-18

30YR GNMA 3.0

103-05

+0-22

30YR GNMA 3.5

105-07

+0-15

15YR FNMA 3.0

104-21

+0-13

15YR FNMA 2.5

102-15

+0-19

Treasuries

Yield

Change

2 YR

0.5484%

-0.1252

5 YR

1.3864%

-0.1663

10 YR

1.9182%

-0.1342

30 YR

2.5096%

-0.0976

Prices as of: 3/18/2015 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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