Daily Newsletter: Thursday May 26, 2016

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.73%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.00%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.83%
                                                                  
                                                                -0.0470

FNMA 30YR 3.5

                                                                104-20
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                104-06
                                                                  
                                                                +0-02

View Today's Rates

Thursday May 26, 2016

MND NewsWire - 10:45AM

Housing's Hot Streak Continues as Pending Sales Crush Expectations

This morning's strong pending home sales report was the third upbeat April housing indicator. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI ...

MND NewsWire - 10:48AM

Home Price Gains Top 6% Year-Over-Year

Home prices appreciated in the first quarter of 2016 by 1.3 percent compared to the fourth quarter of 2015. The Federal Housing Finance Agency (FHFA) said this was the 19 th straight ...

Pipeline Press - 10:23AM

New Jumbo and Reverse Products; Chase and Wells Roll Out Low Down Payment Programs

According to Reuters, the NY state financial regulator is gearing up to launch an investigation into the entire online lending industry . (The regulator has already been looking into ...

Mortgage Rate Watch - 5:23PM

Mortgage Rates Lowest in More Than a Week

Mortgage rates moved modestly lower today. Given that rates had spiked last Wednesday and haven't moved too much since then, today's improvement was enough to get rates to the best ...

Latest Video

Well Fargo introduces 3% down payment mortgage

Pending home sales soar

3% down mortgage responsible?

More News from 'Around the Web'

www.realtor.com - 5:16PM
Looking to Buy? Do Your Homework and Get in Line
freddiemac.mwnewsroom.com - 5:15PM
Freddie Mac Issues Monthly Volume Summary for April 2016
www.freddiemac.mwnewsroom.com - 3:09PM
Mortgage Rates Tick Up on Fed News
Reuters - 3:09PM
U.S. business spending mired in weakness, but economy picking up
CNBC - 12:44PM
Powell: Hike may come 'fairly soon'
eyeonhousing.org - 10:48AM
Apartment and Condominium Market Remains Steady in the First Quarter
CNBC - 10:03AM
Pending home sales up 5.1 pct, highest level in a decade
Reuters - 9:02AM
U.S. jobless claims fall more than expected last week
CNBC - 9:02AM
US durable goods surge on transportation, but business spending weak
Reuters - 8:08AM
Fed's Bullard: tight U.S. labor market may put upward pressure on inflation
Reuters - 8:08AM
New York financial regulator gearing up to probe online lenders - source
CNBC - 8:05AM
Wells Fargo launches 3% down payment mortgage

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.73%

-0.02

15 Yr FRM

3.00%

-0.01

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.75%

-0.01

5/1 Yr ARM

3.01%

-0.02

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

3.64%

0.50

+0.06

15 Yr. Fixed

2.89%

0.50

+0.08

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.87%

0.50

+0.07

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

102-10

+0-08

30YR FNMA 3.5

104-20

+0-06

30YR GNMA 3.0

103-08

+0-06

30YR GNMA 3.5

105-15

+0-03

15YR FNMA 3.0

104-06

+0-02

15YR FNMA 2.5

102-15

+0-04

Treasuries

Yield

Change

2 YR

0.8750%

-0.0514

5 YR

1.3474%

-0.0621

10 YR

1.8264%

-0.0470

30 YR

2.6386%

-0.0302

Prices as of: 5/26/2016 4:32PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe