Daily Newsletter: Thursday June 2, 2016

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30 Year Fixed

                                                                3.71%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.97%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.81%
                                                                  
                                                                -0.0365

FNMA 30YR 3.5

                                                                104-22
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-08
                                                                  
                                                                +0-02

View Today's Rates

Thursday June 2, 2016

MND NewsWire - 10:20AM

Buyers Increasingly Worried by Competition

What do buyers worry about as they shop for a home? It turns out one growing concern is other buyers like them. A Redfin survey of nearly 1,000 buyers found that, while 26 percent cited ...

MND NewsWire - 10:08AM

Mortgage Credit Access Continues to Slide

Mortgage credit access continued to inch down in May. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) decreased to 121.4, down 0.8 percent from April ...

Mortgage Rate Watch - 3:21PM

Mortgage Rates Slightly Higher Ahead of Jobs Data

Mortgage rates rose modestly today, despite improvements in underlying bond markets. This was in line with our discussion about "the catch" associated yesterday's improvements. Specifically ...

Pipeline Press - 9:53AM

The Rise of The Technology Vendor - Updates Abound; Non-QM Survey

Last night in Texas I had dinner with Seattle AE Bryson Bede and regional manager Dennis Waller from Parkside Lending. The discussion was focused on trends in wholesale lending and ...

Latest Video

Draghi: Rates steady or lower for extended period

June rate hike 'off the table': Pro

Home flippers cash in

More News from 'Around the Web'

The Atlantic - 3:42PM
The Surging Cost of Basic Needs
freddiemac.mwnewsroom.com - 3:41PM
Freddie Mac Sells $130 Million of Seriously Delinquent Loans
Market Watch - 3:39PM
The Fed: Yellen plans to speak at Jackson Hole summit in August
Calculated Risk Blog - 3:39PM
Goldman's May NFP Preview
CNBC - 12:34PM
Jamie Dimon on auto loans: 'Someone is going to get hurt'
content.govdelivery.com - 10:24AM
FDIC Announces $190 Million Settlement of Residential Mortgage-Backed Securities Claims with Eight Financial Institutions
CNBC - 10:24AM
Home flipping hits highs in 7 cities
eyeonhousing.org - 10:24AM
Market Share of Top Builders in 2009 and 2015
Market Watch - 8:36AM
Fed's Tarullo sounds in no hurry to raise interst rates
CNBC - 8:35AM
Service sector accounted for all the job growth in May: ADP
Bloomberg - 8:33AM
ECB Stimulus Will Include Corporate Bonds Starting Next Week
www.nytimes.com - 7:55AM
Real Estate: Four Not-So-Obvious Things to Consider When Deciding to Buy or Rent
www.realtor.com - 7:55AM
Consumers Are Bummed by Politics, but Still Determined to Buy Homes
Bloomberg - 7:53AM
MetLife Boosts Mortgage Loans After 'Choppy' Hedge Fund Results - Bloomberg
Reuters - 7:53AM
AIG must face Pimco lawsuit over financial crisis losses

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.71%

+0.01

15 Yr FRM

2.97%

+0.01

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.71%

+0.01

5/1 Yr ARM

3.05%

+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

3.66%

0.50

+0.02

15 Yr. Fixed

2.92%

0.50

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.88%

0.50

+0.01

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

102-14

+0-03

30YR FNMA 3.5

104-22

+0-02

30YR GNMA 3.0

103-09

+0-01

30YR GNMA 3.5

105-16

-0-01

15YR FNMA 3.0

104-08

+0-02

15YR FNMA 2.5

102-19

+0-03

Treasuries

Yield

Change

2 YR

0.8908%

-0.0119

5 YR

1.3539%

-0.0325

10 YR

1.8059%

-0.0365

30 YR

2.5835%

-0.0382

Prices as of: 6/2/2016 3:58PM 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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