Daily Newsletter: Tuesday June 2, 2015

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30 Year Fixed

                                                                4.04%
                                                                  
                                                                +0.07

15 Year Fixed

                                                                3.27%
                                                                  
                                                                +0.05

10YR Treasury

                                                                2.26%
                                                                  
                                                                +0.0831

FNMA 30YR 3.5

                                                                103-24
                                                                  
                                                                -0-14

FNMA 15YR 2.5

                                                                104-01
                                                                  
                                                                -0-07

View Today's Rates

Tuesday June 2, 2015

Mortgage Rate Watch - 5:25PM

Mortgage Rates Jump to new 2015 Highs

Mortgage rates jumped significantly higher today, bringing most lenders to their highest levels of 2015. The most prevalently-quoted conventional 30yr fixed rate for top tier scenarios ...

MND NewsWire - 4:51PM

Home Prices Ignoring Predictions

For some time conventional wisdom has held that home price increases are slowin g and would continue to do so, but the CoreLogic Home Price Index (HPI) has joined the S&P Dow Jones ...

MBS Commentary - 5:20PM

MBS RECAP: Bonds Follow Bunds, Then Nothing at All

Bond markets were in bad shape right from the outset today. By the end of it, 10yr yields had fully traversed THE range laid out in this morning's commentary (2.13-2.28). So that means ...

MND NewsWire - 4:40PM

Provident Charged with Discrimination on Loans from 2006 to 2011

Provident Funding Associates has been charged by two federal agencies with charging higher broker fees to minority borrowers . The Consumer Financial Protection Bureau (CFPB) and the ...

Latest Video

Fed's Brainard: Downbeat on US economy

Expect low rates for next 10 years: Jeremy Siegel

Santelli Exchange: Tracking Treasury trends

More News from 'Around the Web'

WSJ - 4:59PM
Fed Officials Should Pay the Bond Market Less Mind, Jeremy Stein Says
Market Watch - 4:00PM
The Fed: Fed likely to hike in September but there are good reasons to delay: Goldman Sachs
WSJ - 2:09PM
Janet Who? Ben Bernanke Says Stocks Aren't Expensive
Market Watch - 2:08PM
What are bonds saying about Friday's jobs report?
WSJ - 12:52PM
Fed's Brainard Wants More Economic Progress Before Rate Rises
CNBC - 12:50PM
Bad economic data may be turning
Calculated Risk Blog - 10:18AM
House Prices up 6.8% Year-over-year in April
CNBC - 10:18AM
Biggest millennial homebuyer mistakes
freddiemac.mwnewsroom.com - 10:17AM
Freddie Mac Prices $425.6 Million STACR Offering
Bloomberg - 10:17AM
Greece's Bonds Rise as Officials, Creditors Draft Dueling Plans
CNBC - 9:04AM
QE: More harm than good?
Bloomberg - 8:58AM
The Stat About Bathrooms That Explains Why You Can't Find a Starter Home
Bloomberg - 8:55AM
Treasuries Decline for Second Day Before Factory-Orders Data - Bloomberg
Bloomberg - 8:55AM
German Bonds Decline as Talks Intensify Over Greece's Salvation - Bloomberg
WSJ - 8:52AM
Smaller Firms Start to Feel the Impact of ECB Stimulus

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.04%

+0.07

15 Yr FRM

3.27%

+0.05

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.85%

+0.06

5/1 Yr ARM

3.00%

+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

100-13

-0-17

30YR FNMA 3.5

103-24

-0-14

30YR GNMA 3.0

101-15

-0-17

30YR GNMA 3.5

104-04

-0-13

15YR FNMA 3.0

104-01

-0-07

15YR FNMA 2.5

101-22

-0-08

Treasuries

Yield

Change

2 YR

0.6566%

+0.0079

5 YR

1.6079%

+0.0590

10 YR

2.2642%

+0.0831

30 YR

3.0151%

+0.0821

Prices as of: 6/2/2015 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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