Daily Newsletter: Tuesday February 9, 2016

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30 Year Fixed

                                                                3.62%
                                                                  
                                                                -0.07

15 Year Fixed

                                                                2.95%
                                                                  
                                                                -0.04

10YR Treasury

                                                                1.73%
                                                                  
                                                                -0.0257

FNMA 30YR 3.5

                                                                105-01
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                104-16
                                                                  
                                                                +0-00

View Today's Rates

Tuesday February 9, 2016

Mortgage Rate Watch - 4:13PM

Mortgage Rates Well Into Mid 3's

Mortgage rates kept moving lower today as global financial markets remain in distress. This time around, the improvement wasn't as much about the bond market gains as it was about lenders ...

MND NewsWire - 10:52AM

Foreclosure Metrics Declined nearly a Quarter in 2015

The number of properties in the process of foreclosure nationwide dropped by nearly a quarter from the end of 2014 to the end of this past year. CoreLogic said today that homes in that ...

MBS Commentary - 7:34AM

MBS Day Ahead: This Road Leads to New All-Time Low Rates

"It's the middle of the night on February 8-9th 2016, and 10yr yields are trading in the mid 1's." That's not a phrase many people thought they'd be able to say if you'd asked them ...

Pipeline Press - 10:44AM

Training and Seminars; Ops VP Weighs In on TRID

"Have you heard the latest statistics joke? Probably." CNN reports the latest data from the IRS finds the top 10% of Americans make $128,000 in minimum adjusted gross income versus ...

Latest Video

How low will yields go?

Hope for a more transparent Fed

What to expect from the Fed

More News from 'Around the Web'

Reuters - 4:33PM
More Americans quitting jobs as labor market strengthens
Market Watch - 4:30PM
Mortgages are more likely to be approved when it's sunny, research finds
CNBC - 3:08PM
Trading the fall in yields to zero
Reuters - 3:08PM
Yellen faces tough sell on Fed rate hikes in Congress
CNBC - 3:08PM
US investors ponder negative rates
Market Watch - 3:08PM
The Wall Street Journal: CFPB presses banks to offer small-dollar loans'
OCC - 3:07PM
OCC Terminates Mortgage Servicing-Related Consent Orders Against U.S. Bank and Santander, Issues Civil Money Penalties
Market Watch - 3:07PM
Deutsche Bank may buy back billions of euros of debt: FT
webfeeds.brookings.edu - 12:46PM
Should we worry about China's economy?
www.realtor.com - 12:45PM
Renters Pay $112 More a Year for Car Insurance
Bloomberg - 10:59AM
German Finance Minister Schaeuble Has 'No Concerns' Over Deutsche Bank
CNBC - 9:34AM
Subprime auto loans, delinquencies keep rising
Bloomberg - 8:56AM
World's Negative-Yielding Bond Pile Tops $7 Trillion: Chart
www.corelogic.com - 8:55AM
CoreLogic Reports 32,000 Completed Foreclosures in December 2015

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.62%

-0.07

15 Yr FRM

2.95%

-0.04

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.45%

-0.04

5/1 Yr ARM

2.89%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.45%

1.20

-0.01

30 Yr. Fixed

4.12%

1.43

-0.05

MBA **

30 Yr. Fixed

3.97%

0.41

-0.05

15 Yr. Fixed

3.22%

0.37

-0.06

30 Yr. Jumbo

3.84%

0.26

-0.05

30 Yr. FHA

3.80%

0.35

-0.03

5/1 ARM

3.00%

0.34

-0.09

Freddie Mac **

30 Yr. Fixed

3.72%

0.60

-0.07

15 Yr. Fixed

3.01%

0.50

-0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.85%

0.40

-0.05

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

102-24

+0-06

30YR FNMA 3.5

105-01

+0-03

30YR GNMA 3.0

103-16

+0-09

30YR GNMA 3.5

105-14

+0-05

15YR FNMA 3.0

104-16

+0-00

15YR FNMA 2.5

102-20

0-00

Treasuries

Yield

Change

2 YR

0.6901%

+0.0159

5 YR

1.1513%

-0.0146

10 YR

1.7260%

-0.0257

30 YR

2.5500%

-0.0278

Prices as of: 2/9/2016 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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