Daily Newsletter: Thursday December 18, 2014

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

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

30 Year Fixed

                                                                3.88%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                3.14%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.21%
                                                                  
                                                                +0.0789

FNMA 30YR 3.5

                                                                103-32
                                                                  
                                                                -0-07

FNMA 15YR 2.5

                                                                103-25
                                                                  
                                                                -0-05

View Today's Rates

Thursday December 18, 2014

Mortgage Rate Watch - 3:00PM

Mortgage Rates are Actually Higher Today

Mortgage rates moved higher at a much quicker pace today. This runs counter to the most widely-circulated weekly rate report from Freddie Mac, which indicates a new low for 2014. The ...

MND NewsWire - 1:22PM

2014 Economy and Housing: From Deep Hole to Whimper

Referring to its " roller-coaster pattern of economic growth," Fannie Mae summarized the economy and housing in 2014 as a year that started with a deep hole and ended with a whimper ...

MND NewsWire - 1:03PM

Lenders Gloomy about Purchase Demand and Profits

Fannie Mae's writers use the word "stable" repeatedly to describe many of the findings from its fourth quarter 2014 Mortgage Lender Sentiment Survey, especially where the senior executives ...

Pipeline Press - 10:15AM

Nationwide Rents and Coastal Property Values Continue Higher; MI news

"Congress extends Mortgage Debt Forgiveness Act " - hey, that's good news, right? In fact the Senate approved a bill that would retroactively extend over 50 expiring tax provisions ...

Latest Video

Home builders bet on active housing

Santelli: Fed volatility

Busting out the whiteboard: Santelli explains the ruble

More News from 'Around the Web'

Washington Post - 3:41PM
JuliÃ¡n Castro shares his thoughts on leadership
Bloomberg - 3:37PM
U.S. Crude Output Rose to 28-Year High in November: API - Bloomberg
CNBC - 3:36PM
Fed delays Volcker rule until 2017
Market Watch - 3:35PM
SEC charges Staten Island firm for defrauding $9 million from seniors
WSJ - 3:35PM
Texas Could Be Headed for an Oil-Fueled Recession, J.P. Morgan Economist Says
www.wellsfargo.com - 1:33PM
Wells Fargo NeighborhoodLIFT program invests $6 million to boost homeownership in San Antonio
CNN - 1:33PM
Alternative lenders are hot -- especially among millennials
Bloomberg - 1:32PM
Deflation Warning Sounds as 2-Year Break-Even Rates Go Negative - Bloomberg
www.cfpbmonitor.com - 12:19PM
CFPB soliciting suggestions for its amicus brief program
Bloomberg - 12:15PM
Bernanke Backs Pimco Forecast for Economic Acceleration - Bloomberg
www.americanprogress.org - 11:27AM
5 Ways America's Newest Landlords Can Win the Public's Trust
Market Watch - 11:26AM
The Wall Street Journal: Wells Fargo fined for anti-money-laundering failures'
content.govdelivery.com - 10:25AM
FDIC Publication Focuses on Interest Rate Risk
freddiemac.mwnewsroom.com - 10:22AM
Mortgage Rates Find New Lows for 2014
Fannie Mae - 9:41AM
News Release - Economic Growth Ends Year With a Slower ...
freddiemac.mwnewsroom.com - 9:37AM
Greystone Closes First Two Freddie Mac Small Balance Multifamily Loans
Bloomberg - 8:42AM
Wells Fargo Rides Retail Deposits to Be Most-Valuable Bank
CNBC - 8:42AM
Fewer Americans than expected file for benefits
WSJ - 8:38AM
When a Mortgage Hinges on Home Values
Bloomberg - 8:37AM
Ocwen Said to Have Stalled Home Sales by Underwater Borrowers - Bloomberg

Today's Comments

MND NewsWire - 5:07PM

"Taxation through indirect means in the end is all that has happened. Government shakes corporations down, corporations pass along the cost to the consumer and the consumer gets a bunch of feel good press never realizing they've just been picked. The combatants will carry on setting us dopes up for the..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.88%

+0.06

15 Yr FRM

3.14%

+0.03

FHA 30 Year Fixed

3.35%

+0.10

Jumbo 30 Year Fixed

3.75%

+0.06

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

3.80%

0.60

-0.13

15 Yr. Fixed

3.09%

0.60

-0.11

1 Yr. ARM

2.38%

0.40

-0.02

5/1 Yr. ARM

2.95%

0.50

-0.03

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

100-27

-0-12

30YR FNMA 3.5

103-32

-0-07

30YR GNMA 3.0

102-04

-0-06

30YR GNMA 3.5

104-23

-0-04

15YR FNMA 3.0

103-25

-0-05

15YR FNMA 2.5

101-21

-0-09

Treasuries

Yield

Change

2 YR

0.6374%

+0.0245

5 YR

1.6651%

+0.0630

10 YR

2.2093%

+0.0789

30 YR

2.8189%

+0.0966

Prices as of: 12/18/2014 4:11PM 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