Daily Newsletter: Tuesday June 14, 2016

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30 Year Fixed

                                                                3.56%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.86%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.62%
                                                                  
                                                                +0.0068

FNMA 30YR 3.5

                                                                105-00
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-22
                                                                  
                                                                -0-01

View Today's Rates

Tuesday June 14, 2016

Mortgage Rate Watch - 4:34PM

Mortgage Rates, The Fed, and Brexit. What Does it All Mean?

Mortgage rates were initially lower this morning as global bond yields continued to plumb record lows. There was widespread coverage in financial news of Germany's 10yr bond yield dipping ...

MBS Commentary - 2:40PM

Brexit Primer: Background, Possibilities, and Implications

Most of the following is a condensed, informal, mental note-taking, but for those who don't even want to read that, here are the ultra condensed bullet points: Brexit (and Trump, Sanders ...

MND NewsWire - 10:19AM

MBA Predicts Dip in New Home Sales

The Mortgage Bankers Association (MBA) is predicated a 6 percent decline in new home sales in May compared to April. The forecast is based on the association's monthly Builder Applications ...

Community Commentary - 9:15AM

15 Takeaways From Mortgage Industry's Top Sales Conference: Mastermind 2016

When the Mastermind Summit was launched before the financial crisis, I didn't want to be anywhere near a mortgage sales conference in Las Vegas. I say that as a mortgage sales veteran ...

Latest Video

CNBC Fed survey: Next rate hike in September

Is the window for raising rates closed?

Santelli: Unbelievable times in the Treasury pit

More News from 'Around the Web'

Reuters - 5:17PM
DoubleLine's Gundlach says 'central banks are losing control'
CNBC - 5:17PM
BlackRock's bond advice
blog.stewart.com - 5:17PM
Review 4 Insurance Coverages before Seasonal Storms
CNBC - 3:14PM
Homebuilder stocks fall amid building materials sales decline
CNBC - 12:45PM
Why negative rates are a big deal
NMHC - 12:45PM
IRS Spells Out Debt-Income Exclusions for Real Estate Developers
Calculated Risk Blog - 12:45PM
U.S. Population Distribution by Age, 1900 through 2060
CNBC - 12:45PM
Fed is Too Concerned with Market Reactions to its Policy
CNBC - 10:54AM
Cash levels 'consistent with recession'
www.wellsfargo.com - 10:52AM
Wells Fargo Hosts National Housing Panel, Shares Annual Homeownership Survey Results
Market Watch - 10:22AM
From Europe, fears the Fed is causing monstrous' stress
Calculated Risk Blog - 10:20AM
NFIB: Small Business Optimism Index increased in May
CNBC - 9:02AM
What Germany's historic 10-year bund move tells us: Pimco
Reuters - 9:01AM
Import prices post largest gain in four years in May
Reuters - 9:01AM
May retail sales beat expectations; point to strong demand
CNBC - 8:13AM
Brexit concerns pressure markets; German bond goes negative
Bloomberg - 8:13AM
Fed's Grip on $2.5 Trillion Treasuries Stash Seen Firm for Years

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.56%

+0.00

15 Yr FRM

2.86%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

+0.00

5/1 Yr ARM

2.94%

-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

3.60%

0.50

-0.06

15 Yr. Fixed

2.87%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.82%

0.50

-0.06

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

102-29

-0-03

30YR FNMA 3.5

105-00

-0-02

30YR GNMA 3.0

103-29

+0-04

30YR GNMA 3.5

105-26

+0-01

15YR FNMA 3.0

104-22

-0-01

15YR FNMA 2.5

103-01

-0-04

Treasuries

Yield

Change

2 YR

0.7301%

+0.0118

5 YR

1.1410%

+0.0112

10 YR

1.6198%

+0.0068

30 YR

2.4306%

+0.0015

Prices as of: 6/14/2016 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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