Daily Newsletter: Monday April 6, 2015

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30 Year Fixed

                                                                3.69%
                                                                  
                                                                +0.07

15 Year Fixed

                                                                3.01%
                                                                  
                                                                +0.04

10YR Treasury

                                                                1.90%
                                                                  
                                                                +0.0588

FNMA 30YR 3.5

                                                                105-05
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                104-31
                                                                  
                                                                0-00

View Today's Rates

Monday April 6, 2015

Mortgage Rate Watch - 3:55PM

Mortgage Rates Bounce Higher, Erasing Friday's Gains

Mortgage rates have now given back the ground gained after Friday's big jobs report. To put that in perspective, rates are now modestly higher than the 2-month lows seen on Friday morning ...

MND NewsWire - 12:11PM

Officials Agree Credit Scoring System Needs Improvement

The National Association of Realtors® (NAR) recently hosted a meeting of about a dozen real estate and mortgage industry experts to examine the current state of credit scoring and ...

MND NewsWire - 12:06PM

The Cost of Tight Credit Since 2009: 4 Million Loans

It has been a common theme from industry analysts and home sales and construction reports for at least five years; the recovery is being hampered, probably unduly so, by credit standards ...

MBS Commentary - 1:10PM

MBS MID-DAY: Friday's Gains Fully Erased in Treasuries; MBS Getting Close

The overnight session was predictably uneventful with most of the world still out of the office for the Easter holiday. Plenty of market participants are out for Passover as well. So ...

Latest Video

Top trades for the 2nd half: Housing & jobs

Santelli Exchange: Level vs. direction

Fed's Dudley: Dollar, oil present downside GDP risk

More News from 'Around the Web'

www.cfpbmonitor.com - 4:33PM
CFPB issues No FEAR Act report
www.cfpbmonitor.com - 4:33PM
New CFPB lawsuit targets payment processors for debt collectors
Bloomberg - 3:46PM
Dudley Defends New York's Special Role in Fed System
CNBC - 3:44PM
Prosecutors detail ex-UConn star's Ponzi scheme
Calculated Risk Blog - 1:58PM
February Case-Shiller House Price Index year-over-year change expected to be about the same as in January
www.builderonline.com - 1:53PM
New Report Finds Construction Costs Continue to Rise
www.aia.org - 11:29AM
Investment by Homeowners in Kitchen & Bathroom Design Continues
Reuters - 11:29AM
Wall Street up as Fed seen delaying move; utilities jump
www.freddiemac.com - 11:28AM
The 4 Cs of Qualifying for a Mortgage
WSJ - 10:24AM
Dudley: Rate-Rise Timing Data-Dependent, Uncertain in Nature
Calculated Risk Blog - 10:24AM
ISM Non-Manufacturing Index decreased to 56.5% in March
Bloomberg - 10:22AM
The Simple Reason Mohamed El-Erian Has Most of His Money in Cash
Calculated Risk Blog - 8:47AM
Black Knight February Mortgage Monitor: Foreclosure Rate still "175 percent above pre-crisis norms"

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

+0.07

15 Yr FRM

3.01%

+0.04

FHA 30 Year Fixed

3.30%

+0.05

Jumbo 30 Year Fixed

3.63%

+0.06

5/1 Yr ARM

3.02%

+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

102-13

-0-08

30YR FNMA 3.5

105-05

-0-06

30YR GNMA 3.0

103-01

-0-07

30YR GNMA 3.5

105-20

-0-03

15YR FNMA 3.0

104-31

0-00

15YR FNMA 2.5

102-31

-0-02

Treasuries

Yield

Change

2 YR

0.5000%

+0.0159

5 YR

1.3067%

+0.0485

10 YR

1.9004%

+0.0588

30 YR

2.5585%

+0.0705

Prices as of: 4/6/2015 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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