Daily Newsletter: Thursday March 17, 2016

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30 Year Fixed

                                                                3.76%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.03%
                                                                  
                                                                -0.04

10YR Treasury

                                                                1.90%
                                                                  
                                                                -0.0140

FNMA 30YR 3.5

                                                                104-16
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                104-02
                                                                  
                                                                +0-00

View Today's Rates

Thursday March 17, 2016

MND NewsWire - 12:35PM

Lender Production Profits Down 60% Thanks to TRID

The new Truth-in-Lending disclosure (TRID) rule is being blamed for a sharp decline in the per loan profitability of mortgage lenders. The Mortgage Bankers Association said that its ...

MND NewsWire - 10:40AM

Policy Changes Should Make Lenders Less Scared of FHA

The FHA has released new loan-level and annual lender-level certifications which it said it expects will provide better clarity to lenders about FHA policies, including those that are ...

Mortgage Rate Watch - 3:51PM

Rates Much Lower as Lenders Catch Up With Markets

Almost any major media outlet that covers financial news will have a story out today regarding this week's mortgage rates being higher than last week's. Thile this was true earlier ...

MND NewsWire - 10:25AM

Loan Closings Back to Pre-TRID Timelines

Ellie Mae's Origination Insight Report published on Wednesday by Ellie Mae shows there was a sharp decline in the time it took to close a loan in February. Average closing timelines ...

Latest Video

No market euphoria after dovish Fed

Initial jobless claims up 7,000 to 265,000

The Fed is becoming more market dependent: Pro

More News from 'Around the Web'

CNBC - 2:25PM
Is the Fed giving in to the markets?
CNBC - 2:22PM
Chase economist: What's changing about Fed strategy
eyeonhousing.org - 2:22PM
Elevated Count of Unfilled Construction Jobs in January
CNBC - 10:23AM
Apple back in US dollar bond market
Calculated Risk Blog - 10:22AM
BLS: Jobs Openings increased in January
Market Watch - 10:07AM
Philly Fed manufacturing index turns positive for first time in seven months
eyeonhousing.org - 10:04AM
Housing Preferences across Generations (Part II)
Reuters - 10:04AM
U.S. jobless claims rise modestly in payrolls survey week
www.cfpbmonitor.com - 10:00AM
CFPB Staff Will Present TRID Rule Webinar
Reuters - 8:13AM
Futures lower day after Fed meeting
Reuters - 8:08AM
Yellen steers Fed with cautious hand, despite hints of inflation
www.cfpbmonitor.com - 8:07AM
Director Cordray appears before House Financial Services Committee

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.76%

-0.05

15 Yr FRM

3.03%

-0.04

FHA 30 Year Fixed

3.32%

-0.03

Jumbo 30 Year Fixed

3.60%

-0.04

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

3.45%

1.20

-0.01

30 Yr. Fixed

4.12%

1.43

-0.05

MBA **

30 Yr. Fixed

3.94%

0.42

+0.05

15 Yr. Fixed

3.22%

0.39

+0.08

30 Yr. Jumbo

3.86%

0.28

+0.05

30 Yr. FHA

3.77%

0.33

+0.06

5/1 ARM

3.23%

0.35

+0.03

Freddie Mac **

30 Yr. Fixed

3.73%

0.50

+0.05

15 Yr. Fixed

2.99%

0.40

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.93%

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

101-32

+0-07

30YR FNMA 3.5

104-16

+0-05

30YR GNMA 3.0

103-07

+0-13

30YR GNMA 3.5

105-12

+0-05

15YR FNMA 3.0

104-02

+0-00

15YR FNMA 2.5

102-08

+0-03

Treasuries

Yield

Change

2 YR

0.8673%

+0.0042

5 YR

1.3755%

-0.0081

10 YR

1.8994%

-0.0140

30 YR

2.6885%

-0.0236

Prices as of: 3/17/2016 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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