Daily Newsletter: Wednesday April 29, 2015

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30 Year Fixed

                                                                3.84%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                3.14%
                                                                  
                                                                +0.04

10YR Treasury

                                                                2.05%
                                                                  
                                                                +0.0460

FNMA 30YR 3.5

                                                                104-25
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-21
                                                                  
                                                                -0-01

View Today's Rates

Wednesday April 29, 2015

Mortgage Rate Watch - 5:07PM

Mortgage Rates at 6 Week Highs, But Why?

Mortgage rates moved firmly up to the highest levels since March 17th. Incidentally, there was a Fed Announcement on March 18th and another Fed Announcement today. While rates generally ...

MND NewsWire - 10:16AM

Pending Home Sales Highest Since June 2013

Momentum appears to be building toward a healthy spring market according to data released today on March pending home sales. The National Association of Realtors® (NAR) said its ...

MND NewsWire - 8:28AM

Refinance Activity Falls, Purchase Apps Lackluster

A modest uptick in purchase mortgage applications during the week ended April 24 was insufficient to offset a sizable drop in refinancing. The Mortgage Bankers Association (MBA) said ...

Pipeline Press - 10:39AM

Homeownership Stats; CFPB Penalties; Rant on Millennials, Why They Aren't Buying

First off, let me apologize for having the incorrect site in yesterday's commentary regarding the funny history of the term "escrow" - this is the site for the short clip . For many ...

Latest Video

Tale of two housing markets

Timing Fed hike

Housing recovery still in full swing

More News from 'Around the Web'

Washington Post - 4:24PM
The economy's biggest weakness is â¦ winter?
CNBC - 4:24PM
Gross: Why Fed will have problems raising rates
CNBC - 4:17PM
Hey, FedWhat was that?!
CNBC - 2:22PM
Not yet: Fed holds rate at zero, no hint for hike
Bloomberg - 1:56PM
Yellen May Get No Second Chances at Getting It Right on Fed Rate
The Atlantic - 12:10PM
Damn the Developers?
Bloomberg - 12:09PM
Gross Says U.S. Treasury Moves on Small Trades Show No Liquidity
CNBC - 12:09PM
Dollar trounced on weak GDP, view of easy Fed
Bloomberg - 11:18AM
`Panicky Exit' by Fed Seen as Risk to Markets Even Amid 0.2% GDP
CNBC - 10:46AM
Cheaper oil should help economy? Wrong: BlackRock
CNBC - 10:46AM
Consumers just say no to spending
CNBC - 10:46AM
US crude inventories rise by 1.9M barrels
rss.nytimes.com - 9:28AM
E.C.B. Says Loans to Private Sector Rose in March for First Time in 3 Years
WSJ - 9:28AM
First-Quarter GDP At A Glance
CNBC - 9:28AM
US economy stalls as weather, low energy prices bite
WSJ - 9:25AM
Eurozone Inflation Expectations Rise
Market Watch - 9:25AM
Treasury slapped over shoddy support for homeowners
Calculated Risk Blog - 12:13AM
Wednesday: GDP, FOMC
Calculated Risk Blog - 12:13AM
A Comment on House Prices: Real Prices and Price-to-Rent Ratio in February
www.builderonline.com - 12:12AM
Spring Foreclosures in Bloom, Heatmapped by County

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.84%

+0.05

15 Yr FRM

3.14%

+0.04

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.75%

+0.06

5/1 Yr ARM

2.97%

-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

101-24

-0-04

30YR FNMA 3.5

104-25

-0-02

30YR GNMA 3.0

102-20

-0-02

30YR GNMA 3.5

105-11

-0-01

15YR FNMA 3.0

104-21

-0-01

15YR FNMA 2.5

102-17

-0-02

Treasuries

Yield

Change

2 YR

0.5629%

+0.0000

5 YR

1.4270%

+0.0257

10 YR

2.0476%

+0.0460

30 YR

2.7595%

+0.0556

Prices as of: 4/29/2015 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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