Daily Newsletter: Thursday April 9, 2015

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30 Year Fixed

                                                                3.72%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.04%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.96%
                                                                  
                                                                +0.0541

FNMA 30YR 3.5

                                                                105-02
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                104-25
                                                                  
                                                                -0-02

View Today's Rates

Thursday April 9, 2015

MND NewsWire - 10:53AM

Cash Sales Declining, but Remain Elevated For REOs

The percentage of all-cash home sale transactions declined for the 25 th consecutive month in January, falling to a 38.9 percent share. CoreLogic said that this was a 2.6 percent decrease ...

Mortgage Rate Watch - 3:55PM

Mortgage Rates Highest in More Than a Week

Mortgage rates moved only moderately higher today, but it was enough to bring them to April's worst levels. The bond market trading that underlies interest rates in the US has been ...

MND NewsWire - 10:49AM

Viable Principal Reduction Plan Would Likely Have Limitations -CoreLogic

Among the most contentious issues at the Federal Housing Finance Agency (FHFA) when Edward J. DeMarco was its acting director was his refusal to allow Fannie Mae and Freddie Mac (the ...

MBS Commentary - 12:26PM

MBS MID-DAY: Pushing the Limits of Recent Weakness Ahead of 30yr Bond Auction

MBS are being dragged down enough for some lenders to be considering negative reprices , but the brunt of this morning's weakness is being born by Treasuries. In terms of day-over-day ...

Latest Video

The great mortgage dilemma

June rate hike unlikely: Pro

Renters not becoming buyers

More News from 'Around the Web'

CNBC - 4:50PM
Treasury market still very liquid: Pimco's Kiesel
CNBC - 4:48PM
El-Erian: Rate hike likely in September
freddiemac.mwnewsroom.com - 4:47PM
Freddie Mac to Purchase Its Largest Single Property Loan -- $878 Million Loan for Park La Brea in Los Angeles
Reuters - 3:08PM
GE close to selling part or all of its real estate holdings: source
Calculated Risk Blog - 1:55PM
Good Start to Spring home-selling Season
CNBC - 1:55PM
Pricey San Fran housing tightens further
freddiemac.mwnewsroom.com - 1:54PM
Freddie Mac April 2015 U.S. Economic and Housing Market Outlook
CNBC - 12:12PM
IMF's Lagarde: 'Dedicated' to Greek reform process
Market Watch - 10:58AM
IMF's Lagarde: Could be 'bumpy ride' when Fed hikes
CNBC - 10:56AM
Markets prepped for rate hike: Economists
freddiemac.mwnewsroom.com - 10:29AM
Mortgage Rates Lower on Weak Jobs Report
CNBC - 10:29AM
Wholesale inventories up 0.3%
Google News - 8:48AM
Tight credit has hurt minority borrowers the most
CNBC - 8:48AM
Why you shouldn't pay off your mortgage before you retire
Bloomberg - 12:33AM
Dimon Says Once-in-3-Billion-Year Treasury Move a 'Warning Shot'

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.72%

+0.02

15 Yr FRM

3.04%

+0.01

FHA 30 Year Fixed

3.35%

+0.00

Jumbo 30 Year Fixed

3.67%

+0.02

5/1 Yr ARM

3.07%

+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

3.66%

0.60

-0.04

15 Yr. Fixed

2.93%

0.60

-0.05

1 Yr. ARM

2.46%

0.40

+0.00

5/1 Yr. ARM

2.83%

0.50

-0.09

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

102-08

-0-05

30YR FNMA 3.5

105-02

-0-03

30YR GNMA 3.0

102-32

-0-05

30YR GNMA 3.5

105-18

-0-01

15YR FNMA 3.0

104-25

-0-02

15YR FNMA 2.5

102-25

-0-03

Treasuries

Yield

Change

2 YR

0.5518%

+0.0160

5 YR

1.3995%

+0.0506

10 YR

1.9631%

+0.0541

30 YR

2.6004%

+0.0675

Prices as of: 4/9/2015 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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