Rates Steady to Slightly Lower; How FHA is Driving Conventional Refi Demand; Criticism of OIG's DPAP Stance

Archive: All Reports | Daily Rate Update | Daily Newsletter | Weekly Rate Update | Weekly Newsletter

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

30 Year Fixed

                                                                4.26%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.46%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.50%
                                                                  
                                                                -0.0361

FNMA 30YR 3.5

                                                                101.66
                                                                  
                                                                +0.17

FNMA 15YR 2.5

                                                                102.11
                                                                  
                                                                +0.11

View Today's Rates

Friday March 17, 2017

Mortgage Rate Watch - 2:56PM

Mortgage Rates Steady to Slightly Lower

Mortgage rates managed to maintain the improvement seen since Wednesday's Fed announcement. While the Fed did indeed hike its policy rate, the hike was widely expected and had already ...

MND NewsWire - 10:31AM

How FHA is Driving Conventional Refi Demand, Even as Rates Rise

FHA's mortgage share, which surged following the housing crisis and helped shore up the market, is now in a steady decline. However, the loans written during that period of high volume ...

MND NewsWire - 10:58AM

Urban Institute Fires Back at OIG Down Payment Assistance Report

Earlier this month, Office of Inspector General (OIG) for the Department of Housing and Urban Development (HUD) submitted a report to the agency claiming it had " Failed to adequately ...

Pipeline Press - 9:03AM

New Credit Report Criteria Questions and Considerations; Telephone Usage in Underwriting?

The Fed reported US household net worth (total asset value minus total liability value) jumped to a record $92.8 trillion in Q4 driven by stock market strength and higher home prices ...

Latest Video

Fed's Kashkari explains dissent on rate hike

What BlackRock sees as a big risk for bonds

Suffering from 'unacceptably high cumulative cost of regulation': Pro

More News from 'Around the Web'

CNBC - 2:42PM
Shopping for a home? You better act fast
Bloomberg - 1:28PM
As Yellen Complains of 'Noisy' GDP, the Fed Makes a Racket
freddiemac.mwnewsroom.com - 1:27PM
Freddie Mac Sells $667 Million NPLs
National Housing Conference - 10:54AM
Digging deep into who struggles to afford housing in your region
CNBC - 10:07AM
Consumer sentiment hits 97.6 in March, vs. 97 estimate
CNBC - 9:54AM
US factory production rose for 6th straight month
Reuters - 9:53AM
Fed's Kashkari wants plan on balance sheet before any more rate hikes
CNBC - 9:53AM
Op-Ed: Why the bond market sell-off is over
www.npr.org - 9:53AM
Why Eliminating Government Agencies Is A Lot Easier Said Than Done
Bloomberg - 8:03AM
Job Surge Fuels Bidding Wars for Record-Low Supply of US Homes

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.26%

-0.01

15 Yr FRM

3.46%

-0.01

FHA 30 Year Fixed

3.85%

-0.03

Jumbo 30 Year Fixed

4.48%

-0.02

5/1 Yr ARM

3.09%

+0.01

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

4.30%

0.50

+0.09

15 Yr. Fixed

3.50%

0.50

+0.08

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.28%

0.40

+0.05

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

98.41

+0.20

30YR FNMA 3.5

101.66

+0.17

30YR GNMA 3.0

100.23

+0.17

30YR GNMA 3.5

103.00

+0.05

15YR FNMA 3.0

102.11

+0.11

15YR FNMA 2.5

99.63

+0.14

Treasuries

Yield

Change

2 YR

1.3208%

-0.0154

5 YR

2.0200%

-0.0249

10 YR

2.5005%

-0.0361

30 YR

3.1096%

-0.0377

Prices as of: 3/17/2017 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.

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

Share Newsletters via Email

Share via Twitter

Share via Facebook

Share via LinkedIn

Share via Google+

Download a Printable PDF

Link to this Daily Report

Embed Directly into your Website

Subscribe to RSS Feeds