Daily Newsletter: Thursday April 2, 2015

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.70%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                3.02%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.91%
                                                                  
                                                                +0.0553

FNMA 30YR 3.5

                                                                105-03
                                                                  
                                                                -0-07

FNMA 15YR 2.5

                                                                104-28
                                                                  
                                                                -0-04

View Today's Rates

Thursday April 2, 2015

Mortgage Rate Watch - 5:12PM

Mortgage Rates Rise Ahead of Important Jobs Report

Mortgage rates bounce higher today on average. Some lenders remained close to unchanged, but they generally were the same lenders that hadn't improved as much by the end of the day ...

MND NewsWire - 12:58PM

CFPB Rolls out Disclosure Toolkit, Dampens Delay Speculation

Even as some in the industry apparently hope for a reprieve from implementing new mortgage disclosure forms the Consumer Financial Protection Bureau (CFPB) has rolled out a consumer ...

Pipeline Press - 9:36AM

Lender Updates; Mortgage Bank Profits; Apps Confirming Homebuying Season?

The MBA tells us that independent mortgage banks and mortgage subsidiaries of chartered banks "average production volume totaled $417 million per company in the fourth quarter of 2014 ...

MBS Commentary - 7:28AM

MBS Day Ahead: Rates Once Again Knock on Golden Era Door

There's another day to go before NFP, but today is no slouch . Not only are trading levels currently evaluating a bounce at a long term inflection point, but most of the free world ...

Latest Video

Jobs report at the age of the wage hike

Santelli rounds up the data

Germany 10-year bund yield heading toward zero: Pro

More News from 'Around the Web'

WSJ - 4:28PM
Fed's Brainard: Great Recession' May Have Long-Lasting Financial Consequences for Younger Americans
Bloomberg - 4:24PM
Traders Are Now Expecting the Fed to Raise Rates Later Than Ever Before
CNBC - 3:08PM
Be ready for weak jobs report: Pro
WSJ - 1:55PM
Where Are Global Interest Rates Headed?
CNBC - 1:43PM
Housing supply dogs a recovering Detroit
Washington Post - 1:43PM
Larry Summers and Ben Bernanke are having the most important blog fight ever
Market Watch - 12:01PM
The Fed: Nothing will get Fed hiking faster than pickup in wages in March
WSJ - 12:01PM
5 Things to Watch in the March Jobs Report
Reuters - 10:37AM
Exclusive: Greece tells creditors it will run out of cash on April 9
Reuters - 10:32AM
U.S. factory orders rise, offer glimmer of hope for manufacturing
Google News - 10:30AM
Four million mortgage loans missing from 2009 to 2013 due to tight credit standards
CNBC - 10:30AM
Reverse-mortgage rethink: Bad move or bright idea?
freddiemac.mwnewsroom.com - 10:29AM
Mortgage Rates Little Changed
CNBC - 9:06AM
US trade deficit falls sharply
Calculated Risk Blog - 9:06AM
Weekly Initial Unemployment Claims decreased to 268,000
CNBC - 9:01AM
ECB emphasizes commitment to bond-buying plan
Reuters - 9:01AM
Fed's Yellen says research needed to understand inequality issue
Reuters - 9:00AM
JPMorgan Chase on track to pay $9 billion to homeowners as part of settlement
CNBC - 12:31AM
Another reason to cut Q1 growth?
Bloomberg - 12:29AM
San Francisco Plans $200 Million of Bonds to Ease Housing Crunch

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.70%

+0.05

15 Yr FRM

3.02%

+0.02

FHA 30 Year Fixed

3.35%

+0.05

Jumbo 30 Year Fixed

3.61%

+0.02

5/1 Yr ARM

3.03%

-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

3.70%

0.60

+0.01

15 Yr. Fixed

2.98%

0.60

+0.01

1 Yr. ARM

2.46%

0.40

+0.00

5/1 Yr. ARM

2.92%

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

102-09

-0-10

30YR FNMA 3.5

105-03

-0-07

30YR GNMA 3.0

103-00

-0-09

30YR GNMA 3.5

105-18

-0-02

15YR FNMA 3.0

104-28

-0-04

15YR FNMA 2.5

102-25

-0-05

Treasuries

Yield

Change

2 YR

0.5396%

+0.0002

5 YR

1.3506%

+0.0307

10 YR

1.9126%

+0.0553

30 YR

2.5306%

+0.0678

Prices as of: 4/2/2015 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe