Daily Newsletter: Thursday June 4, 2015

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30 Year Fixed

                                                                4.08%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.31%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.31%
                                                                  
                                                                -0.0519

FNMA 30YR 3.5

                                                                103-13
                                                                  
                                                                +0-09

FNMA 15YR 2.5

                                                                103-25
                                                                  
                                                                +0-05

View Today's Rates

Thursday June 4, 2015

Mortgage Rate Watch - 4:09PM

Mortgage Rates Still Near 2015 Highs. Lots at Stake Tomorrow

Mortgage rates bounced back ever-so-slightly today, ultimately doing very little to erase the damage done so far this week. The most prevalently-quoted conventional 30yr fixed rate ...

MND NewsWire - 5:08PM

Beware those Celebrity Studded Reverse Mortgage Ads - CFPB

Older Americans are being warned that ads touting reverse mortgages "that seem too good to be true" might be just that. Rather slyly using a tag line from one popular reverse mortgage ...

MND NewsWire - 2:05PM

Mortgage Profits Doubled in Q1

Mortgage profits soared in the first quarter of 2015 the Mortgage Bankers Association (MBA) said this week, nearly doubling the per loan net produced in the fourth quarter of 2014. ...

MND NewsWire - 10:58AM

Mortgage Credit Access Still Improving

The availability of mortgage credit continued to rise in May the Mortgage Bankers Association (MBA) said today. Its Mortgage Credit Availability Index (MCAI) rose 0.5 percent from April ...

Latest Video

Bond selloff just getting started

Dr. Doom: Treasury market will rally again

IMF: Fed should delay rate hike until 2016

More News from 'Around the Web'

WSJ - 3:54PM
Bond-Market Volatility Reflects Reality, Not Regulation
CNBC - 3:46PM
Consumer watchdog weighs in on reverse mortgages
www.cfpbmonitor.com - 2:00PM
CFPB issues instructions on how industry may place its company logo on the "Home Loan Toolkit"
Bloomberg - 2:00PM
Bank of America's Supreme Court Win May Boost Lending
www.cfpbmonitor.com - 1:58PM
CFPB settles loan originator compensation case
CNBC - 1:58PM
Rate hike? Fed dependent on jobs data, Insana says
CNBC - 1:58PM
Mortgage rates: 'Definitely in panic mode'
WSJ - 12:08PM
The Fed's Zero-Rate Policy Boosts Inequality, Nobel Economist Joseph Stiglitz Says
CNBC - 12:05PM
Hair-raising bond rout leads to capitulation
Bloomberg - 11:01AM
Fed Urged by IMF to Postpone Rate Liftoff to First Half of 2016
freddiemac.mwnewsroom.com - 11:00AM
Mortgage Rates Remain at 2015 Highs
Market Watch - 11:00AM
How J.P. Morgan and Barclays mistakes inflated the housing bubble
Bloomberg - 11:00AM
Treasuries Rise for First Time in Four Days as Debt Rout Pauses
Bloomberg - 11:00AM
When the Bond Bear Market Really Hits, the Way People Talk Is Going to Change
CNBC - 9:14AM
Jobless claims fall; continuing claims lowest since 2000
WSJ - 9:09AM
Has Mario Draghi Lost His Touch?
Reuters - 8:57AM
U.S. jobless claims fall; continuing claims lowest since 2000
www.gallup.com - 8:55AM
U.S. Payroll to Population Rate 44.5% in May
Calculated Risk Blog - 1:08AM
Mortgage Rates increase to 4.1%
Bloomberg - 1:08AM
Who Needs Fed as Bond Market Already Lifting Rates Far and Wide

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.08%

-0.02

15 Yr FRM

3.31%

-0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.90%

-0.02

5/1 Yr ARM

3.00%

+0.03

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

+0.00

15 Yr. Fixed

3.08%

0.50

-0.03

1 Yr. ARM

2.59%

0.20

+0.09

5/1 Yr. ARM

2.96%

0.50

+0.06

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

99-28

+0-09

30YR FNMA 3.5

103-13

+0-09

30YR GNMA 3.0

101-00

+0-06

30YR GNMA 3.5

103-26

+0-08

15YR FNMA 3.0

103-25

+0-05

15YR FNMA 2.5

101-12

+0-06

Treasuries

Yield

Change

2 YR

0.6646%

-0.0079

5 YR

1.6442%

-0.0427

10 YR

2.3123%

-0.0519

30 YR

3.0463%

-0.0550

Prices as of: 6/4/2015 4:32PM 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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