Daily Newsletter: Thursday May 14, 2015

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.25%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.24%
                                                                  
                                                                -0.0538

FNMA 30YR 3.5

                                                                104-01
                                                                  
                                                                +0-13

FNMA 15YR 2.5

                                                                104-15
                                                                  
                                                                +0-08

View Today's Rates

Thursday May 14, 2015

Mortgage Rate Watch - 3:29PM

Mortgage Rates Catch a Break, but It's Small

Mortgage rates finally caught a break today. This is quite a welcome development (indeed, yesterday's commentary pointed out that no breaks were being caught!), but the magnitude of ...

MND NewsWire - 3:22PM

Buyer Walk-Throughs Problematic under TRID Attorney Says

The Housing and Insurance subcommittee of the House Financial Services Committee has scheduled a hearing this afternoon titled "TILA- RESPA Integrated Disclosure (TRID): Examining the ...

MND NewsWire - 10:22AM

Purchase Loan Market MIA

Lenders originated 1.55 million residential mortgage loans during the first quarter of 2015. The number, includes loan originations for both purchases and refinances of single family ...

MBS Commentary - 7:34AM

MBS Day Ahead: Big Picture, Long Term Considerations

If bond markets are going to make something happen with their recent attempts to establish support at the weakest levels of 2015, it would be nice if they'd do that sooner than later ...

Latest Video

Santelli: Yields have backed up again

Expect yields to stay 'anchored' below 2.5%

Weekly jobless claims down 1K to 264,000

More News from 'Around the Web'

WSJ - 3:48PM
Home Sales to Hit Highest Level Since 2006, Realtors Say
CNBC - 2:43PM
Water, millennials drive Portland housing
CNBC - 2:39PM
Houzz: Disrupting and empowering
Market Watch - 2:39PM
Capitol Report: Rising rates won't hit builders like 2013's rout
www.builderonline.com - 2:39PM
California Inches Toward Housing Affordability
Bloomberg - 2:38PM
BofAML: Three Reasons Why Treasuries Will Avoid Another Taper Tantrum
Bloomberg - 2:38PM
Euro Pares Gain as Draghi Underlines Commitment to Easing Plan
Bloomberg - 12:14PM
These Four Charts Show Banks Could Lend More Aggressively to Millennials
Bloomberg - 12:13PM
JPMorgan to Buy $45 Billion of Ocwen's Loan-Servicing Rights
CNBC - 10:52AM
Have we seen the top in bond yields?
Calculated Risk Blog - 10:24AM
Research: "How Low Can House Prices Go?"
freddiemac.mwnewsroom.com - 10:23AM
Mortgage Rates Higher for Third Consecutive Week
CNBC - 10:23AM
New 'bond king' makes predictions on yields, Fed
CNBC - 9:07AM
US jobless claims fall; 4-week avg at 15-year low
Bloomberg - 9:07AM
Wholesale U.S. Prices Unexpectedly Drop in Broad-Based Retreat
CNBC - 9:02AM
Tough summer ahead for homebuilders?
CNBC - 9:02AM
Goldman's bet against housing stocks
Market Watch - 9:00AM
Capitol Report: FHA mortgages to home buyers climb
CNBC - 9:00AM
Bonds coming off rally, not selling off: Strategist
Bloomberg - 9:00AM
Mind the Gap in Bond-Market Rout That Shows Easy Money to Stay

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

-0.03

15 Yr FRM

3.25%

-0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.82%

-0.03

5/1 Yr ARM

2.95%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.38%

1.18

+0.05

30 Yr. Fixed

3.95%

1.30

+0.04

MBA **

30 Yr. Fixed

4.00%

0.36

+0.07

15 Yr. Fixed

3.23%

0.40

+0.04

30 Yr. Jumbo

3.99%

0.33

+0.08

30 Yr. FHA

3.76%

0.14

+0.06

5/1 ARM

3.00%

0.46

+0.13

Freddie Mac **

30 Yr. Fixed

3.85%

0.60

+0.05

15 Yr. Fixed

3.07%

0.50

+0.05

1 Yr. ARM

2.48%

0.40

+0.02

5/1 Yr. ARM

2.89%

0.50

-0.01

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

100-21

+0-14

30YR FNMA 3.5

104-01

+0-13

30YR GNMA 3.0

101-30

+0-14

30YR GNMA 3.5

104-23

+0-12

15YR FNMA 3.0

104-15

+0-08

15YR FNMA 2.5

102-06

+0-11

Treasuries

Yield

Change

2 YR

0.5441%

-0.0361

5 YR

1.5128%

-0.0593

10 YR

2.2407%

-0.0538

30 YR

3.0644%

-0.0217

Prices as of: 5/14/2015 4:06PM 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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