Daily Newsletter: Tuesday April 12, 2016

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.93%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.77%
                                                                  
                                                                +0.0524

FNMA 30YR 3.5

                                                                104-26
                                                                  
                                                                -0-10

FNMA 15YR 2.5

                                                                104-16
                                                                  
                                                                -0-01

View Today's Rates

Tuesday April 12, 2016

MND NewsWire - 2:36PM

Mortgage Lending Profitable in 2015 Despite Weaker 2nd Half

Year-end figures released on Tuesday by the Mortgage Bankers Association (MBA) shows that profits in at least one sector of mortgage lending increased substantially in 2015 compared ...

MND NewsWire - 2:32PM

How Neighborhoods Affect Social Mobility

Ever wonder how your life or that of your children might be different had you or they had grown up in a different community? Harvard economists Raj Chetty and Nathaniel Hendren have ...

Mortgage Rate Watch - 4:18PM

Mortgage Rates Hold Ground, but Threaten to Move Higher

Mortgage rates managed to hold steady today despite weakness in underlying bond markets. That means the rates being offered by lenders are substantially similar to yesterday's, but ...

Pipeline Press - 10:33AM

PHH, Merrill Part Ways; mREIT Acquisition; Goldman Settlement; NewProducts

Every CPA out there knows that in the District of Columbia, this Friday, April 15th, is Emancipation Day . Therefore, taxes aren't due until Monday the 18 th . Who said you never learn ...

Latest Video

Housing's big story? Inventory is down: Trulia economist

Dallas Fed's Kaplan to be patient policymaker

Buyer beware of housing red flags

More News from 'Around the Web'

Reuters - 5:01PM
N.Y. Fed joins U.S. GDP forecasting game
Market Watch - 5:00PM
The Fed: Fed's Lacker backs four rate hikes in 2016
Market Watch - 5:00PM
Fannie, Freddie stock rally on report Treasury knew profitable at time of sweep
www.builderonline.com - 5:00PM
Why First-Time Home Buyers Aren't Buying
CNBC - 2:00PM
Web lending gets shunned by investors
CNBC - 12:30PM
Exclusive: Kaplan says Fed to wait
Washington Post - 12:23PM
How secretive shell companies shape the U.S. real estate market
Calculated Risk Blog - 12:23PM
CoreLogic: Foreclosure Inventory Declines 23.9% Year-over-year
Federal Reserve - 12:23PM
Government-Backed Mortgage Insurance, Financial Crisis, and the Recovery from the Great Recession
rss.nytimes.com - 10:35AM
Unsealed Documents in Fannie Mae Suit Shed Light on Bailout
Market Watch - 9:28AM
Fed is not going to stand still for long, Kaplan says
www.gallup.com - 9:28AM
U.S. Economic Confidence Index Dips to -14
eyeonhousing.org - 9:28AM
Housing Preferences across Generations (Part III)
Reuters - 9:27AM
Rise in U.S. import prices below expectations; petroleum costs jump
CNBC - 9:27AM
Homesellers should act now: Trulia
IMF - 9:26AM
Global Economy Faltering from Too Slow Growth for Too Long
Reuters - 8:06AM
U.S. small business confidence hits new two-year low
Bloomberg - 8:05AM
Bond Traders Show Skepticism of Goldman's Forecast for Fed Hikes
www.realtor.com - 7:55AM
Here's Why Investors Continue to Beat Out First-Time Home Buyers
Bloomberg - 7:50AM
Want to Climb the Economic Ladder? Pay Up

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

+0.00

15 Yr FRM

2.93%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.56%

+0.01

5/1 Yr ARM

2.96%

+0.00

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

102-18

-0-14

30YR FNMA 3.5

104-26

-0-10

30YR GNMA 3.0

103-18

-0-05

30YR GNMA 3.5

105-21

-0-04

15YR FNMA 3.0

104-16

-0-01

15YR FNMA 2.5

102-25

-0-03

Treasuries

Yield

Change

2 YR

0.7385%

+0.0398

5 YR

1.2077%

+0.0518

10 YR

1.7743%

+0.0524

30 YR

2.5951%

+0.0396

Prices as of: 4/12/2016 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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