Daily Newsletter: Tuesday May 31, 2016

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30 Year Fixed

                                                                3.72%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.98%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.85%
                                                                  
                                                                -0.0017

FNMA 30YR 3.5

                                                                104-19
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-07
                                                                  
                                                                +0-06

View Today's Rates

Tuesday May 31, 2016

Mortgage Rate Watch - 3:42PM

Mortgage Rates Steady Today, but Volatility Looms

Mortgage rates were generally unchanged to begin the short work-week for financial markets, though that wasn't the case at first. Earlier this morning, most lenders were quoting higher ...

MND NewsWire - 10:42AM

Price Gains Ease Slightly on National Basis

The annual pace of price gains nationally slowed slightly in March according to the S&P Case-Shiller National Home Price Index. The 10- and 20-City Composite Indices however increased ...

Pipeline Press - 10:17AM

New and Proposed FHA & VA changes - HECMs In The News

Research by the EBRI on retirement finds while 67% of workers plan to work for pay in retirement, only 27% of retirees do so. Of the retirees who worked, the reasons included wanting ...

MBS Commentary - 8:29AM

MBS Week Ahead: Bonds on The Ropes as Month Ends and Data Hits

Last week's moderate resilience could have been temporary due to 'month-end' This could also help today, to some extent If it doesn't, it's the first clue about a potential break of ...

Latest Video

Consumer Confidence Index 92.6 (May)

Santelli Exchange: 'New normal' not so new anymore

Rates reverse pre-holiday slide

More News from 'Around the Web'

SEC - 4:44PM
Mortgage Company and Executives Settle Fraud Charges
www.gallup.com - 2:22PM
U.S. Economic Confidence Index Improves Slightly to -12
freddiemac.mwnewsroom.com - 12:39PM
Freddie Mac May 2016 Insight
www.bkfs.com - 10:10AM
Black Knight Home Price Index Report: March 2016 Transactions
CNBC - 9:09AM
Small business job growth declines in May: IHS-Paychex
CNBC - 9:07AM
March home prices rise: S&P/Case-Shiller
eyeonhousing.org - 9:07AM
Home Buyer Preferences for Green Features Remain Stable
Reuters - 9:07AM
U.S. consumer spending posts biggest gain in more than six years
CNBC - 8:01AM
US Treasurys lower ahead of data dump

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.72%

+0.00

15 Yr FRM

2.98%

-0.01

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.72%

-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

3.64%

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

102-12

+0-04

30YR FNMA 3.5

104-19

+0-02

30YR GNMA 3.0

103-10

-0-00

30YR GNMA 3.5

105-16

+0-03

15YR FNMA 3.0

104-07

+0-06

15YR FNMA 2.5

102-16

+0-06

Treasuries

Yield

Change

2 YR

0.8829%

-0.0277

5 YR

1.3766%

-0.0098

10 YR

1.8493%

-0.0017

30 YR

2.6472%

-0.0031

Prices as of: 5/31/2016 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.

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