Daily Newsletter: Monday December 15, 2014

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30 Year Fixed

                                                                3.85%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.12%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.12%
                                                                  
                                                                +0.0330

FNMA 30YR 3.5

                                                                104-04
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                103-27
                                                                  
                                                                -0-12

View Today's Rates

Monday December 15, 2014

Mortgage Rate Watch - 4:37PM

Mortgage Rates Steady at 2014 Lows

Mortgage rates held steady today on average, but were slightly higher or lower depending on the lender. In either case, there hasn't been much movement from Friday's latest rate sheet ...

MND NewsWire - 10:58AM

Builder Confidence Finishes Year Close to Highs

Builder confidence as measured by the National Association of Home Builders (NAHB)/Wells Fargo Home Market Index (HMI) fell back slightly in December after a four point uptick in November ...

MND NewsWire - 2:00PM

Residential Remodeling Numbers Flat in Most of Country

The BuildFax Remodeling Index for October indicates a slight slowdown in the number of building permits issued for the purpose of residential remodeling from the previous month. The ...

MBS Commentary - 7:32AM

MBS Day Ahead: Confronting Another Major Inflection Point; Time to Bounce?

The conventional wisdom regarding falling knives is to avoid trying to catch them. 2014's bond yields have been a quintessential example. At each major inflection point, investors have ...

Latest Video

Bond market red flags

Santelli: Oil, stocks & rates up

NAHB housing market index 57

More News from 'Around the Web'

Bloomberg - 5:01PM
China's Treasury Holdings Decline to Lowest Since February 2013 - Bloomberg
Calculated Risk Blog - 5:01PM
Lawler: Early Read on Existing Home Sales in November (look for big dip)
Market Watch - 3:57PM
Bill Gross: Disinflation may stop Fed from 2015 rate hike
Bloomberg - 3:57PM
Draghi Will Win on Economic Stimulus - Bloomberg
www.wellsfargo.com - 2:40PM
For the Holidays: Wells Fargo Donates Homes to Veterans
DataQuick - 2:36PM
November Southland Home Sales Press Release
WSJ - 1:24PM
Early Glimpses at New-Home Sales Show Buyers Still Hesitant
CNBC - 1:23PM
Blame technicals for Monday's wild market ride
CNBC - 1:23PM
Playing the interest rate 'Groundhog Day' next year
WSJ - 11:42AM
ECB May Have to Buy Sovereign Bonds, Nowotny Says
WSJ - 11:41AM
This Wasn't Written by an Algorithm, But More and More Is
www.wellsfargo.com - 10:14AM
Wells Fargo/Gallup: Investor Optimism Holds Steady at Seven-Year High
CNBC - 10:13AM
Home builders content with slow recovery
Reuters - 9:29AM
U.S. manufacturing output surges in November
CNBC - 8:45AM
Slowdown signs emerge for oil states
www.npr.org - 8:42AM
When Grandma's House Is Home: The Rise Of Grandfamilies
CNBC - 8:42AM
NY manufacturing activity lowest in 2 years: NY Fed
Bloomberg - 8:41AM
Treasury's New Homeowner Aid Prompting Republican Ire - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.85%

+0.00

15 Yr FRM

3.12%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.70%

+0.00

5/1 Yr ARM

3.25%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.18%

0.24

-0.01

15 Yr. Fixed

3.38%

0.27

+0.00

30 Yr. Jumbo

4.10%

0.16

-0.03

30 Yr. FHA

3.85%

0.18

-0.05

5/1 ARM

3.09%

0.34

+0.04

Freddie Mac **

30 Yr. Fixed

3.93%

0.50

+0.04

15 Yr. Fixed

3.20%

0.50

+0.10

1 Yr. ARM

2.40%

0.40

-0.01

5/1 Yr. ARM

2.98%

0.50

+0.04

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

101-03

-0-07

30YR FNMA 3.5

104-04

-0-08

30YR GNMA 3.0

102-17

-0-12

30YR GNMA 3.5

104-28

-0-08

15YR FNMA 3.0

103-27

-0-12

15YR FNMA 2.5

101-23

-0-13

Treasuries

Yield

Change

2 YR

0.5845%

+0.0364

5 YR

1.5723%

+0.0576

10 YR

2.1182%

+0.0330

30 YR

2.7483%

+0.0089

Prices as of: 12/15/2014 4:26PM 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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