Daily Newsletter: Friday March 6, 2015

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30 Year Fixed

                                                                3.97%
                                                                  
                                                                +0.12

15 Year Fixed

                                                                3.25%
                                                                  
                                                                +0.10

10YR Treasury

                                                                2.25%
                                                                  
                                                                +0.1313

FNMA 30YR 3.5

                                                                103-30
                                                                  
                                                                -0-18

FNMA 15YR 2.5

                                                                104-05
                                                                  
                                                                -0-14

View Today's Rates

Friday March 6, 2015

Mortgage Rate Watch - 4:38PM

Mortgage Rates Destroyed (Relatively) by Another Strong Jobs Report

Mortgage rates were more or less obliterated today. Of course, everything's relative, so the obliteration is only relative to the average day of rate movement. In that regard, today ...

MND NewsWire - 3:42PM

Report ties Property Taxes to more than Home Value

It seems that taxes on real property reflect not only the value of the property itself, but also how long the owner has held title. That was one finding of a study released this week ...

MBS Commentary - 12:32PM

MBS MID-DAY: Jobs Report Crushes Bond Market's Spirit; Pain Trade For Dip-Buyers

What is a dip-buyer? That's just a fancy term for an investor who has seen prices fall far enough to entice them to buy in the hopes of a bounce. It's like catching the proverbial falling ...

Pipeline Press - 11:04AM

Jumbo News in Primary, Secondary and The Securitization Markets

Daylight Savings commences for many parts of the U.S. dark and early Sunday morning. For many this means spring is around the corner, with improved weather and the nearing of the "home ...

Latest Video

Making sense of jobs growth

Market prepping for rate hikes?

Hatzius: Jobs report good, but not wildly so

More News from 'Around the Web'

Bloomberg - 5:55PM
Investors `Pricing-In' Fed Rate Increase: Clarida Says
Reuters - 5:55PM
Wall Street firms more convinced of June rate hike: Reuters poll
Calculated Risk Blog - 4:31PM
Update: Best Private Sector Job Creation "Ever"?
CNBC - 4:31PM
To sell your home, don't remodelrepair
Market Watch - 1:57PM
Fed's Lacker wants the first rate hike to come in June
CNBC - 1:51PM
The stealth way homes are selling in San Francisco
Market Watch - 11:41AM
Bond Report: Treasury yields spike to 2015 highs after strong jobs report
CNBC - 10:05AM
Does jobs report mean a June rate hike?
WSJ - 9:14AM
Fed's Williams: Ready to Consider Rate Rises Starting This Summer
Market Watch - 9:12AM
U.S. trade deficit narrows 8.4% to $41.8 billion in January
CNBC - 9:12AM
Strong jobs just reset Fed rate clock: Jim Paulsen
Bloomberg - 8:27AM
February Jobs Report May Face Winter Weather Delay
Bloomberg - 8:25AM
ECB May Need Lower Rates to Attain QE Target, Standard Bank Says
Bloomberg - 12:23AM
BofA Countrywide Deal Approval May Help JPMorgan, Citi Deals - Bloomberg
www.wsj.com - 12:22AM
Bigger Mortgages Likelier to Go Bust

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.97%

+0.12

15 Yr FRM

3.25%

+0.10

FHA 30 Year Fixed

3.75%

+0.25

Jumbo 30 Year Fixed

3.87%

+0.05

5/1 Yr ARM

3.20%

+0.05

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

3.75%

0.60

-0.05

15 Yr. Fixed

3.03%

0.60

-0.04

1 Yr. ARM

2.44%

0.40

+0.00

5/1 Yr. ARM

2.96%

0.50

-0.03

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

100-20

-0-26

30YR FNMA 3.5

103-30

-0-18

30YR GNMA 3.0

101-27

-0-17

30YR GNMA 3.5

104-09

-0-17

15YR FNMA 3.0

104-05

-0-14

15YR FNMA 2.5

101-21

-0-18

Treasuries

Yield

Change

2 YR

0.7274%

+0.0805

5 YR

1.6972%

+0.1226

10 YR

2.2467%

+0.1313

30 YR

2.8450%

+0.1204

Prices as of: 3/6/2015 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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