Daily Newsletter: Monday April 11, 2016

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.93%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.72%
                                                                  
                                                                +0.0069

FNMA 30YR 3.5

                                                                105-04
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-17
                                                                  
                                                                -0-01

View Today's Rates

Monday April 11, 2016

MND NewsWire - 10:46AM

Wells Settlement is FHA Record

Reuters is reporting that Wells Fargo & Co has agreed to pay a record $1.2 billion to resolve a dispute with the Justice Department over mortgages it falsely claimed were eligible ...

Mortgage Rate Watch - 3:20PM

Mortgage Rates Holding Near 3-Year Lows

Mortgage rates were little changed today , keeping them in line with the lowest levels in nearly 3 years. Specifically, there have only been 2-3 days with better rates since May 2013 ...

MND NewsWire - 3:57PM

Inaccurate Tax Data a Source of Homeowner Frustration

The CFPB's 2015 Annual Consumer Mortgage Experience report dealt with the major sources of dissatisfaction reported by homeowners with the origination, closing, and servicing processes ...

Pipeline Press - 9:54AM

Private MI Updates; FHA/VA changes; Lenders Should Pay Attention to Wells' Settlement

Last week I was in Coeur d’Alene (for Banner Bank’s sales staff celebrating a great 2015) and I was reminded that tomorrow is “Free Cone Day” at Ben & Jerry’s ...

Latest Video

Mortgage rates take unexpected dip lower

Santelli Exchange: Time is...'debt'

Home buyers & sellers spooked

More News from 'Around the Web'

www.realtor.com - 3:53PM
Housing Bust Lingers for Generation X
www.brookings.edu - 2:28PM
What tools does the Fed have left? Part 3: Helicopter money
www.realtor.com - 2:04PM
The New Math on Reverse Mortgages
Market Watch - 2:04PM
Earnings Outlook: What to expect from Wells Fargo's earnings
Calculated Risk Blog - 12:42PM
Mortgage Rates and Ten Year Yield
Reuters - 12:42PM
Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact
CNBC - 12:41PM
Mortgage rates dip to annual low: Will they stick?
Market Watch - 10:39AM
BlackRock's Larry Fink: This is the hidden danger in negative rates
eyeonhousing.org - 10:12AM
How Property Tax Rates Vary Across and Within Counties
corporate.phh.com - 10:11AM
PHH Corporation Provides Update Regarding its Private Label Business
CNBC - 8:05AM
Trader: How Yellen scuttled Abenomics stimulus
www.realtor.com - 8:05AM
Top 10 Cities for First-time Home Buyersand Not Just Because They're Affordable
CNBC - 7:59AM
Size matters, but not for tiny home pioneers
www.wellsfargo.com - 7:59AM
Wells Fargo Comments on Details of Settlement Regarding FHA Lending Claims
Reuters - 7:59AM
Wells Fargo reaches $1.2 billion U.S. mortgage settlement
Calculated Risk Blog - 7:59AM
WSJ: "Housing Bust Lingers for Generation X"

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

-0.01

15 Yr FRM

2.93%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.55%

+0.00

5/1 Yr ARM

2.96%

-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

3.86%

0.32

-0.08

15 Yr. Fixed

3.10%

0.37

-0.09

30 Yr. Jumbo

3.76%

0.27

-0.06

30 Yr. FHA

3.73%

0.36

-0.03

5/1 ARM

2.94%

0.26

-0.13

Freddie Mac **

30 Yr. Fixed

3.59%

0.50

-0.12

15 Yr. Fixed

2.88%

0.40

-0.10

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.82%

0.50

-0.08

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

102-32

+0-02

30YR FNMA 3.5

105-04

+0-02

30YR GNMA 3.0

103-23

+0-07

30YR GNMA 3.5

105-25

+0-02

15YR FNMA 3.0

104-17

-0-01

15YR FNMA 2.5

102-28

0-00

Treasuries

Yield

Change

2 YR

0.6987%

-0.0002

5 YR

1.1559%

+0.0049

10 YR

1.7219%

+0.0069

30 YR

2.5555%

+0.0068

Prices as of: 4/11/2016 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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