Daily Newsletter: Tuesday April 28, 2015

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30 Year Fixed

                                                                3.79%
                                                                  
                                                                +0.08

15 Year Fixed

                                                                3.10%
                                                                  
                                                                +0.06

10YR Treasury

                                                                2.00%
                                                                  
                                                                +0.0738

FNMA 30YR 3.5

                                                                104-27
                                                                  
                                                                -0-09

FNMA 15YR 2.5

                                                                104-22
                                                                  
                                                                -0-06

View Today's Rates

Tuesday April 28, 2015

Mortgage Rate Watch - 4:08PM

Mortgage Rates Shoot to 1-Month Highs Ahead of Fed

Mortgage rates made it right to the doorstep of tomorrow's big-ticket events with very little movement over the past 5-6 weeks. Once at the doorstep, however, they began losing their ...

MND NewsWire - 10:30AM

Distressed Sales Closing in on "Normal" Levels

While CoreLogic says February is typically a month in which distressed sales post a seasonal decline, real-estate owned (REO) and short sales this past February were the lowest for ...

MND NewsWire - 10:27AM

February Home Price Gains were Widespread

S&P Dow Jones called February increases as measured by its Case-Shiller Home Price Indices "widespread." The National Home Price Index which covers all nine U.S. Census division ...

MBS Commentary - 1:35PM

MBS MID-DAY: Selling Pressure Picks Up Despite Econ data and Auction

Consumer Confidence numbers were much weaker than expected this morning at 95.2 vs 102.5 forecast. Normally, this would be a big benefit for bonds. While it did provide a temporary ...

Latest Video

Heady home prices

George Goncalves previews the Fed

Cashin says: Stan Fischer wants to spook markets

More News from 'Around the Web'

Bloomberg - 4:35PM
Gundlach Considers 100-Times Levered Wager Against German Bonds
WSJ - 3:31PM
Is The Government Suing Banks Out Of The Mortgage Market?
Bloomberg - 3:31PM
Oracle Joins Amgen in Planning $13.5 Billion of Bond Deals
Washington Post - 2:25PM
Commercial real estate boosts United Bankshares
Bloomberg - 2:25PM
Money Market Rates Suggest Investors Are Complacent as Fed Meets
Bloomberg - 1:39PM
ECB Dominates Greece Saga as Dijsselbloem Rejects Tsipras Charge
WSJ - 11:01AM
Why New Homes Have Become More Expensive: They're Much Bigger
Bloomberg - 11:01AM
Homeownership Rate U.S. Falls to 63.7%, Lowest Since 1993
CNBC - 11:00AM
US Navy denies confrontation with Iranian military amid reports cargo vessel seized
Reuters - 10:31AM
U.S. consumer confidence sinks in April
Market Watch - 9:48AM
Ally Financial profit more than doubles
Calculated Risk Blog - 9:43AM
Case-Shiller: National House Price Index increased 4.2% year-over-year in February
www.gallup.com - 1:36AM
In U.S., Fewer Non-Homeowners Expect to Buy Home
Calculated Risk Blog - 1:35AM
Freddie Mac: Mortgage Serious Delinquency rate declined in March
www.builderonline.com - 1:35AM
Back on Top: FHA Sees Biggest Mortgage Market Share in Two Years
freddiemac.mwnewsroom.com - 1:35AM
Freddie Mac Issues Monthly Volume Summary for March 2015

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.79%

+0.08

15 Yr FRM

3.10%

+0.06

FHA 30 Year Fixed

3.50%

+0.15

Jumbo 30 Year Fixed

3.69%

+0.06

5/1 Yr ARM

2.99%

+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

3.87%

0.38

+0.01

15 Yr. Fixed

3.16%

0.29

+0.01

30 Yr. Jumbo

3.84%

0.35

+0.03

30 Yr. FHA

3.67%

0.23

-0.02

5/1 ARM

2.82%

0.40

+0.06

Freddie Mac **

30 Yr. Fixed

3.65%

0.60

-0.02

15 Yr. Fixed

2.92%

0.60

-0.02

1 Yr. ARM

2.44%

0.40

-0.02

5/1 Yr. ARM

2.84%

0.40

-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

101-28

-0-14

30YR FNMA 3.5

104-27

-0-09

30YR GNMA 3.0

102-22

-0-16

30YR GNMA 3.5

105-12

-0-11

15YR FNMA 3.0

104-22

-0-06

15YR FNMA 2.5

102-19

-0-07

Treasuries

Yield

Change

2 YR

0.5629%

+0.0425

5 YR

1.4013%

+0.0576

10 YR

2.0016%

+0.0738

30 YR

2.7039%

+0.0888

Prices as of: 4/28/2015 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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