Daily Newsletter: Thursday May 21, 2015

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30 Year Fixed

                                                                3.98%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.22%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.19%
                                                                  
                                                                -0.0688

FNMA 30YR 3.5

                                                                104-06
                                                                  
                                                                +0-07

FNMA 15YR 2.5

                                                                104-10
                                                                  
                                                                +0-05

View Today's Rates

Thursday May 21, 2015

MND NewsWire - 5:02PM

Purchase Loans Now Outpacing Refis

Purchase loans continued to increase as a percentage of loan originations in April. Ellie Mae's Origination Insight Report for the month put the purchase share of all closed loans at ...

Mortgage Rate Watch - 3:38PM

Mortgage Rates Inch Lower Ahead of Holiday Weekend

Mortgage rates moved tentatively lower today. The pace was only slightly better than yesterday when it was all but undetectable. To those expecting more improvement based on trading ...

MND NewsWire - 11:01AM

Existing Home Sales Fall Short of Expectations

Existing home sales in April failed both to match their corresponding numbers in March and to live up to the consensus of analysts in advance of this morning's National Association ...

MBS Commentary - 7:34AM

MBS Day Ahead: It's Time to Play "Find That Market Mover!"

Hi, Welcome to the show. Are you ready to play Find That Market Mover? It's America's favorite game (or at least it's my favorite idea for a topic at the moment, but I'm going somewhere ...

Latest Video

Contradiction in Fed minutes

Existing home sales down 3.3%

Denver's hot housing market sparks bidding wars

More News from 'Around the Web'

WSJ - 4:06PM
Fed's Williams Touts Value of Inflation Target
Market Watch - 2:16PM
Fed's Fischer: Very likely eurozone will survive Greek crisis
Calculated Risk Blog - 11:52AM
A Few Comments on April Existing Home Sales
WSJ - 11:52AM
More Builders See First-Time Home Buyers Returning
WSJ - 10:51AM
Is the Fed's 2% Inflation Target Too Low?
Fannie Mae - 10:50AM
Fannie Mae- 2015 Economic Growth Forecast
Market Watch - 10:21AM
Philly Fed index falls to 6.7 in May from 7.5 in April
Reuters - 10:21AM
U.S. home resales unexpectedly fall, tarnishing housing recovery
Reuters - 8:54AM
U.S. jobless claims rise; four-week average lowest since 2000
Washington Post - 8:53AM
Powerful countries are buying up much of the world's land
Bloomberg - 8:53AM
Your Home Doesn't Matter for Tesla's Dream of a Battery-Powered Planet
The Big Picture - 8:39AM
Mortgage Borrowing among Most Creditworthy Abates

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.98%

-0.02

15 Yr FRM

3.22%

-0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.80%

-0.02

5/1 Yr ARM

2.97%

+0.00

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

4.04%

0.32

+0.04

15 Yr. Fixed

3.26%

0.30

+0.03

30 Yr. Jumbo

4.04%

0.25

+0.05

30 Yr. FHA

3.80%

0.06

+0.04

5/1 ARM

2.99%

0.45

-0.01

Freddie Mac **

30 Yr. Fixed

3.84%

0.70

-0.01

15 Yr. Fixed

3.05%

0.60

-0.02

1 Yr. ARM

2.51%

0.40

+0.03

5/1 Yr. ARM

2.88%

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

100-31

+0-11

30YR FNMA 3.5

104-06

+0-07

30YR GNMA 3.0

101-30

+0-10

30YR GNMA 3.5

104-17

+0-05

15YR FNMA 3.0

104-10

+0-05

15YR FNMA 2.5

101-30

+0-06

Treasuries

Yield

Change

2 YR

0.5730%

-0.0201

5 YR

1.5133%

-0.0463

10 YR

2.1915%

-0.0688

30 YR

2.9897%

-0.0719

Prices as of: 5/21/2015 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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