Daily Newsletter: Tuesday March 24, 2015

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30 Year Fixed

                                                                3.68%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.00%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.87%
                                                                  
                                                                -0.0398

FNMA 30YR 3.5

                                                                105-06
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                104-25
                                                                  
                                                                +0-03

View Today's Rates

Tuesday March 24, 2015

Mortgage Rate Watch - 3:14PM

Mortgage Rates Falling Toward Mid 3 Percent Range

Mortgage rates fell again today , extending an exceptionally strong 2+ week move back to lower levels after an exceptionally weak 5 week move to 2015 highs. The previous trend topped ...

MND NewsWire - 1:40PM

Fed Paper asks if we are "Mortgaging the Future?"

Three economists writing for the Federal Reserve Bank of San Francisco's Economic Letter , are theorizing that the explosion of lending, especially mortgage lending, has played a more ...

MND NewsWire - 11:13AM

New Home Sales Soar in Snow-bound Northeast

New home sales rose on a seasonally adjusted annual basis in February, partially because of a near tripling of sales in the Northeast . Nationally sales of newly constructed single ...

Pipeline Press - 11:11AM

Servicing/Processing Cost Per Loan Continues to Increase With Little End in Sight

Thank you to Carol Kimball who sent along this site of " inexplicably terrible real estate photos ." My guess is that every underwriter has seen their share of them. I asked my cat ...

Latest Video

How low can rates go?

Yellen's 'patient' rate hike

Santelli Exchange: Housing market outlook

More News from 'Around the Web'

Calculated Risk Blog - 3:49PM
Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in February
www.cfpbmonitor.com - 2:46PM
CFPB seeks comments on new information collection plans
WSJ - 1:41PM
The Inflation Cycle May Have Turned
WSJ - 1:05PM
Where Construction Continues to Struggle Years After the Bust
Market Watch - 1:03PM
Why the dollar's strength isn't likely to alter the Fed's rate-hike timing
Calculated Risk Blog - 1:03PM
Key Measures Show Low Inflation in February
CNBC - 11:41AM
Here's a solution for the Fed
WSJ - 11:41AM
U.S. Fed Reserve Official Warns of Risk of Market Disruption
Reuters - 10:28AM
U.S. new home sales hit seven-year high in February
CNBC - 10:27AM
Nasty surprise for homebuyers?
Reuters - 9:04AM
Fed's Bullard says zero U.S. rates no longer appropriate
CNBC - 8:51AM
Stars may be aligned for housing
Reuters - 8:51AM
U.S. consumer prices rebound, underlying inflation firming
Bloomberg - 8:50AM
Nomura Executive's "Danger Batman" Warning Emerges in Court
Bloomberg - 8:48AM
Ocwen to Sell More Servicing Rights as NYSE Listing at Risk

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.68%

-0.04

15 Yr FRM

3.00%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.60%

-0.03

5/1 Yr ARM

3.10%

-0.02

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

3.78%

0.60

-0.08

15 Yr. Fixed

3.06%

0.60

-0.04

1 Yr. ARM

2.46%

0.40

+0.00

5/1 Yr. ARM

2.97%

0.50

-0.04

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

102-15

+0-06

30YR FNMA 3.5

105-06

+0-06

30YR GNMA 3.0

103-06

+0-07

30YR GNMA 3.5

105-14

+0-08

15YR FNMA 3.0

104-25

+0-03

15YR FNMA 2.5

102-23

+0-04

Treasuries

Yield

Change

2 YR

0.5611%

-0.0161

5 YR

1.3569%

-0.0312

10 YR

1.8679%

-0.0398

30 YR

2.4577%

-0.0475

Prices as of: 3/24/2015 4:12PM 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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