Daily Newsletter: Tuesday May 24, 2016

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30 Year Fixed

                                                                3.74%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.99%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.86%
                                                                  
                                                                +0.0279

FNMA 30YR 3.5

                                                                104-16
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                104-03
                                                                  
                                                                -0-05

View Today's Rates

Tuesday May 24, 2016

MND NewsWire - 10:34AM

New Home Sales Skyrocketed in April, Probably...

New home sales surged in April after a disappointing report in March. The Census Bureau and the Department of Housing and Urban Development said today that sales were at a seasonally ...

MND NewsWire - 10:29AM

Are Some Borrowers "Self-Sidelining"?

CoreLogic has looked at an apparent contradiction in purchase loan originations that has emerged since the housing bubble burst. Why, CoreLogic economist Archana Pradhan asks in an ...

Mortgage Rate Watch - 5:08PM

Mortgage Rates Higher in Some Cases

Mortgage rates were mixed today, depending on the lender. Some lenders adjusted rates higher in the middle of the day to reflect bond market weakness while others maintained the same ...

Pipeline Press - 9:56AM

Setback for DOJ in BofA Case; TRID's Impact in Capital Markets; Are MBS Markets Liquid?

What do banks have that non-bank residential lenders don’t? The fifth annual “State of Financial Marketing” survey conducted by The Financial Brand found the top products ...

Latest Video

NY Fed Report: Q1 household debt up 1.1%

New home sales hit 619,000 in April

April new home sales post, biggest rise in 8 years

More News from 'Around the Web'

Reuters - 4:22PM
Clinton accuses Trump of cheering housing crisis for profit
Calculated Risk Blog - 4:22PM
Comments on April New Home Sales
CNBC - 4:19PM
Bond auction may signal something darker
CNBC - 12:39PM
Rosenberg: Rate hike 'reckless'
Bloomberg - 12:38PM
U.S. Households' Mortgage Debt Rises to Four-Year High, Fed Says
CNBC - 11:14AM
Household debt climbs in first quarter
CNBC - 10:11AM
New home sales race to 8-year high, prices soar
www.bkfs.com - 9:59AM
Black Knight Financial Services' "First Look" at April 2016 Mortgage Data
CNBC - 9:59AM
Low supply plagues spring housing: Here's where it is worst
Reuters - 9:59AM
Higher home sales, prices drive Toll Brothers revenue beat
Bloomberg - 7:40AM
Has the US Economy Resuscitated Enough for a Rate Rise?

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.74%

+0.02

15 Yr FRM

2.99%

+0.00

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.74%

+0.01

5/1 Yr ARM

3.00%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.37%

1.26

-0.14

30 Yr. Fixed

3.95%

1.30

-0.16

MBA **

30 Yr. Fixed

3.82%

0.34

-0.05

15 Yr. Fixed

3.06%

0.33

-0.07

30 Yr. Jumbo

3.74%

0.31

-0.05

30 Yr. FHA

3.64%

0.25

-0.05

5/1 ARM

2.93%

0.22

+0.02

Freddie Mac **

30 Yr. Fixed

3.58%

0.60

+0.01

15 Yr. Fixed

2.81%

0.50

+0.00

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.80%

0.50

+0.02

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

102-06

-0-04

30YR FNMA 3.5

104-16

-0-03

30YR GNMA 3.0

103-04

-0-01

30YR GNMA 3.5

105-13

-0-03

15YR FNMA 3.0

104-03

-0-05

15YR FNMA 2.5

102-11

-0-05

Treasuries

Yield

Change

2 YR

0.9135%

+0.0125

5 YR

1.4045%

+0.0361

10 YR

1.8629%

+0.0279

30 YR

2.6456%

+0.0201

Prices as of: 5/24/2016 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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