Daily Newsletter: Wednesday March 4, 2015

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30 Year Fixed

                                                                3.85%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.15%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.12%
                                                                  
                                                                -0.0106

FNMA 30YR 3.5

                                                                104-14
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                104-16
                                                                  
                                                                +0-03

View Today's Rates

Wednesday March 4, 2015

Mortgage Rate Watch - 4:49PM

Mortgage Rates Pause Ahead of Big Events

Mortgage rates paused today after moving swiftly higher over the past two days. Markets reacted to two important pieces of data this morning, ADP Employment and the ISM Services Index ...

MND NewsWire - 9:12AM

Lower Rates did little for Mortgage Application Volume

Mortgage applications were mixed and largely flat during the week ended February 27. The Mortgage Bankers Association said its Market Composite Index, a measure of application volume ...

MBS Commentary - 4:45PM

MBS RECAP: Bonds Opt to Hold Ground After Morning Data Volatility

Yesterday afternoon's latest levels in 10yr yields were right around 2.13. This morning's pre-data highs (just before 7am) were also right around 2.13. And after the data imparted it ...

MBS Commentary - 7:01AM

MBS Day Ahead: Not Without Hope, But Defensiveness Makes Sense

You might have detected a more bearish tone in my opening thoughts for March, titled: Refocusing on Data as March Begins . If you didn't read that, or don't care to, the gist is that ...

Latest Video

Yellen lashes out at banks, Wall Street values

What economists say about ADP

3 housing hot spots

More News from 'Around the Web'

Calculated Risk Blog - 4:35PM
Preview for February Employment Report
The Big Picture - 4:34PM
The US Housing Market
WSJ - 4:34PM
5 Takeaways from the 2009 Fed Transcripts
rss.nytimes.com - 2:25PM
Notes From 2009: Ben Bernanke Has an Impressive Passive-Aggressive Streak, and Other Things We Learned in the New Fed Transcripts
WSJ - 2:25PM
Key Republican Lawmaker Calls for Review of Fed Structure
Calculated Risk Blog - 2:23PM
Fed's Beige Book: Economic Activity Expanded "across most regions", Oil "declined"
Market Watch - 1:14PM
This clause can keep you from accessing homeowners insurance claim money
NY Fed - 1:13PM
How Mortgage Finance Affects the Urban Landscape
Bloomberg - 1:13PM
2009 Was the Height of the Storm for the Fed
Reuters - 1:13PM
Fed struggled with 2009 bailouts, bond-buying: transcripts
WSJ - 10:56AM
Fed's Evans Says Low Inflation Is A Bit of a Puzzle
Bloomberg - 10:56AM
David Zervos: Here's Who's Buying all That Debt at Negative Yields - Bloomberg
Calculated Risk Blog - 10:54AM
Yellen in June 2009: Sluggish Recovery, Low inflation for "few years"
CNBC - 10:54AM
Yellen during crisis; Things are so bad people are 'breaking into their piggybanks'
CNBC - 10:54AM
ISM non-manufacturing index hits 56.9 in Feb vs. 56.5 estimate
WSJ - 9:00AM
5 Points to Watch During the ECB's March Meeting
Bloomberg - 9:00AM
Treasuries Rise as U.S. Companies Add Fewer Jobs Than Forecast - Bloomberg
Calculated Risk Blog - 9:00AM
ADP: Private Employment increased 212,000 in February
WSJ - 9:00AM
Where Should You Move for a Decent Job Market and Affordable Housing?
CNBC - 9:00AM
Housing market has long way to go: Lennar CEO

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.85%

+0.00

15 Yr FRM

3.15%

+0.00

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.82%

-0.01

5/1 Yr ARM

3.15%

+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

3.96%

0.30

-0.03

15 Yr. Fixed

3.27%

0.30

-0.01

30 Yr. Jumbo

3.95%

0.27

-0.14

30 Yr. FHA

3.76%

0.21

-0.06

5/1 ARM

3.05%

0.50

-0.23

Freddie Mac **

30 Yr. Fixed

3.80%

0.60

+0.00

15 Yr. Fixed

3.07%

0.60

+0.00

1 Yr. ARM

2.44%

0.40

+0.00

5/1 Yr. ARM

2.99%

0.50

+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

101-12

+0-04

30YR FNMA 3.5

104-14

+0-04

30YR GNMA 3.0

102-09

+0-03

30YR GNMA 3.5

104-22

+0-04

15YR FNMA 3.0

104-16

+0-03

15YR FNMA 2.5

102-04

+0-04

Treasuries

Yield

Change

2 YR

0.6586%

-0.0197

5 YR

1.5909%

-0.0213

10 YR

2.1189%

-0.0106

30 YR

2.7175%

-0.0134

Prices as of: 3/4/2015 4:31PM 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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