Rates Drop at 2017's Fastest Pace After Fed; Builder Confidence at 12-Year High

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30 Year Fixed

                                                                4.27%
                                                                  
                                                                -0.12

15 Year Fixed

                                                                3.47%
                                                                  
                                                                -0.14

10YR Treasury

                                                                2.50%
                                                                  
                                                                -0.1018

FNMA 30YR 3.5

                                                                101.66
                                                                  
                                                                +0.78

FNMA 15YR 2.5

                                                                102.09
                                                                  
                                                                +0.31

View Today's Rates

Wednesday March 15, 2017

Mortgage Rate Watch - 4:43PM

Biggest Intraday Drop of the Year For Mortgage Rates

Mortgage rates fell at their fastest pace of the year following today's rate hike announcement from the Fed. If you're wondering why mortgage rates fell while the Fed's rate moved up ...

MND NewsWire - 10:31AM

Builder Confidence Hits 12-Year High

The National Association of Home Builders (NAHB) said its new home builder members displayed a surge of confidence this month. The NAHB/Wells Fargo Housing Market Index (HMI) jumped ...

MND NewsWire - 1:15PM

Consumer Confidence Up; Renter Homebuying Enthusiasm Fades

The National Association of Realtors® (NAR) said consumer confidence is growing across the country, especially in rural and middle America. Its most recent quarterly Housing Opportunities ...

MND NewsWire - 8:55AM

Applications Rise Despite Rates at 3-Year Highs

The volume of mortgage applications rose last week even as some interest rates reached their highest levels in nearly three years . The Mortgage Bankers Association (MBA) said that ...

Latest Video

Gross: Fed statement less hawkish than some had feared

Dollar, Treasury yields fall after Fed decision

Homebuyers waking up to rates ticking higher: Bill Emerson

More News from 'Around the Web'

NAFCU - 5:31PM
CFPB: Mortgage company faces $1.75M HMDA penalty
CNBC - 3:21PM
Yellen tells consumers after rate hike: 'The simple message is the economy is doing well'
Federal Reserve - 2:23PM
Federal Reserve Board and Federal Open Market Committee release economic projections from the March 14-15 FOMC meeting
CNBC - 2:23PM
The Fed maintains 2017, 2018 rate forecast
Google News - 10:34AM
NAR HOME Survey: Economic, Financial Optimism Surges; Renters Lukewarm About Buying
CNBC - 9:03AM
Consumer prices rose at a slower pace in February
Reuters - 9:02AM
Wells Fargo, RBS, Deutsche Bank in $165 million NovaStar settlement
CNBC - 9:02AM
US retail sales rose 0.1% in Feb, as expected
CNBC - 9:02AM
Pimco: If Fed gets timid about hiking interest rates, it could create panic in bond market
Bloomberg - 8:08AM
Fed Is Poised to Revisit Inflation Forecast as Prices Pick Up

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.27%

-0.12

15 Yr FRM

3.47%

-0.14

FHA 30 Year Fixed

3.90%

-0.15

Jumbo 30 Year Fixed

4.50%

-0.10

5/1 Yr ARM

3.10%

-0.04

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.06%

1.30

+0.03

30 Yr. Fixed

3.76%

1.38

+0.03

MBA **

30 Yr. Fixed

4.41%

0.38

+0.13

15 Yr. Fixed

3.64%

0.34

+0.12

30 Yr. Jumbo

4.36%

0.26

+0.07

30 Yr. FHA

4.15%

0.29

+0.13

5/1 ARM

3.45%

0.26

+0.17

Freddie Mac **

30 Yr. Fixed

4.21%

0.50

+0.11

15 Yr. Fixed

3.42%

0.50

+0.10

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.23%

0.40

+0.09

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

98.42

+0.89

30YR FNMA 3.5

101.66

+0.78

30YR GNMA 3.0

100.27

+0.88

30YR GNMA 3.5

102.94

+0.69

15YR FNMA 3.0

102.09

+0.31

15YR FNMA 2.5

99.61

+0.39

Treasuries

Yield

Change

2 YR

1.3034%

-0.0770

5 YR

2.0064%

-0.1221

10 YR

2.5003%

-0.1018

30 YR

3.1120%

-0.0668

Prices as of: 3/15/2017 5:05PM 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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