Daily Newsletter: Monday June 1, 2015

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.97%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.22%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.18%
                                                                  
                                                                +0.0579

FNMA 30YR 3.5

                                                                104-06
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                104-08
                                                                  
                                                                -0-06

View Today's Rates

Monday June 1, 2015

Mortgage Rate Watch - 4:54PM

Mortgage Rates Bounce Higher After 7 Day Winning Streak

Mortgage rates moved noticeably higher to begin the month, bringing the average conventional 30yr fixed quote back to 4.0% after briefly hitting 3.875% on Friday. Today's move higher ...

MND NewsWire - 2:52PM

New Home Activity has a Decidedly Southern Drawl

The old adage might be "go West" but new home buyers aren't listening. A recent analysis by CoreLogic shows that the strongest new home sales markets are overwhelmingly in the South ...

MND NewsWire - 10:58AM

Construction Spending Tops $1 Trillion

Total spending on construction ticked up moderately in April, rising to a seasonally adjusted annual rate of $1,006.1 billion the U.S. Census Bureau announced today. The number is a ...

Pipeline Press - 10:14AM

CFPB Developments Including Targeting Provident for Broker Business Done Years Ago

When I grow up I want to be wealthy. And thanks to this list of the wealthiest zip codes in America , I know just where to move. (Interesting to compare those versus states with no ...

Latest Video

Santelli: Good data for a change

Fischer warns against 'bankers' backlash'

Santelli: A rambunctious time

More News from 'Around the Web'

rss.nytimes.com - 4:30PM
Ben Bernanke Says Fed Can't Get Caught Up in Inequality Debate
Bloomberg - 4:30PM
U.S. Home Prices Set for a Fall Beginning in 2017, BofA Says
SEC - 4:30PM
Merrill Lynch Admits Using Inaccurate Data for Short Sale Orders, Agrees to $11 Million Settlement
The Big Picture - 2:12PM
Single-family Homes in 2014: Interactive
www.cfpbmonitor.com - 2:12PM
CFPB and DOJ announce settlement with mortgage lender charged with discriminatory broker compensation policy
CNBC - 12:44PM
Top court hits underwater homeowners
CNBC - 12:44PM
Bernanke still blind to market bubbles
Bloomberg - 10:59AM
Fed's Fischer Says Real Estate a Crisis Risk in Some Countries
WSJ - 10:30AM
Where Are the Cities with Good Job Markets and Affordable Housing?
Reuters - 10:30AM
U.S. construction spending jumps to near six-and-a-half year high
CNBC - 10:30AM
ISM manufacturing index hits 52.8 in May; construction spending up 2.2% in April
Market Watch - 9:45AM
Fed's Rosengren: Conditions for tightening have not been met
CNBC - 9:44AM
Stay focused on riskier bond market
CNBC - 8:40AM
US consumer spending flat, inflation pressures muted
Market Watch - 8:40AM
The Fed: Fed's QE policy helped most in regions that didn't need it, study finds
www.realtor.com - 8:40AM
The 20 Hottest U.S. Real Estate Markets in May 2015
webfeeds.brookings.edu - 2:31AM
Did the Fed's quantitative easing make inequality worse?
Calculated Risk Blog - 2:31AM
Monday: Personal Income and Outlays, ISM Mfg Index, Construction Spending
WSJ - 2:30AM
Don't Sweat the Fed: A U.S. Rate Increase Won't Unsettle Markets

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.97%

+0.04

15 Yr FRM

3.22%

+0.03

FHA 30 Year Fixed

3.75%

+0.15

Jumbo 30 Year Fixed

3.79%

+0.04

5/1 Yr ARM

2.98%

+0.02

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

3.87%

0.60

+0.03

15 Yr. Fixed

3.11%

0.50

+0.06

1 Yr. ARM

2.50%

0.30

-0.01

5/1 Yr. ARM

2.90%

0.50

+0.02

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

100-30

-0-11

30YR FNMA 3.5

104-06

-0-08

30YR GNMA 3.0

102-00

-0-08

30YR GNMA 3.5

104-17

-0-08

15YR FNMA 3.0

104-08

-0-06

15YR FNMA 2.5

101-30

-0-07

Treasuries

Yield

Change

2 YR

0.6487%

+0.0395

5 YR

1.5489%

+0.0652

10 YR

2.1811%

+0.0579

30 YR

2.9330%

+0.0504

Prices as of: 6/1/2015 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe