Daily Newsletter: Thursday February 5, 2015

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.00%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.82%
                                                                  
                                                                +0.0717

FNMA 30YR 3.5

                                                                105-13
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                105-03
                                                                  
                                                                +0-01

View Today's Rates

Thursday February 5, 2015

Mortgage Rate Watch - 4:57PM

Mortgage Rates Hold Steady Despite Weaker Market Conditions

Mortgage rates held their ground today even as trading levels in bond markets suggested a move higher. This has to do with the heads-up I offered yesterday regarding the late-day improvement ...

MND NewsWire - 2:43PM

97 Percent GSE Loans Boost Credit Availability

New initiatives aimed at increasing access to credit and making it more affordable began to pay off in January according to Mike Fratantoni, the Mortgage Bankers Association's (MBA ...

MND NewsWire - 2:41PM

FHFA Considering Limited Principal Reduction

Even though his predecessor as head of the Federal Housing Finance Agency (FHFA) was adamant in his refusal to consider it, Melvin L. Watt seems receptive to allowing Freddie Mac and ...

Pipeline Press - 10:55AM

M&T, S&P, Morgan Stanley, & Moody's Legal Updates; Training Events

In the last few weeks I have had the opportunity to visit Florida, Oregon, Colorado, Southern California (its own state), Arizona, Texas, and Florida again. Most are pretty optimistic ...

MBS Day Ahead: Bond Markets Filter Through Actual Significance of Yesterday's ECB News

Latest Video

Fisher Island coming back

Jobless claims up 11,000 to 278,000

Future of the euro zone

More News from 'Around the Web'

www.realtor.com - 5:42PM
Falling Mortgage Rates Fuel Buying Activity
Market Watch - 4:10PM
Greece holds a very dubious distinction when it comes to its debts
CNBC - 4:09PM
Chicago trader: Goodbye floor
Market Watch - 4:01PM
The little-known way to buy a home with almost no cash down
CNBC - 3:06PM
Brooklyn's most expensive real estate listing-EVER
Bloomberg - 3:06PM
ECB Said to Allow Greek Banks 59.5 Billion Euros Emergency Cash - Bloomberg
Market Watch - 1:08PM
Ocwen expects loss on regulatory problems
Calculated Risk Blog - 1:08PM
Goldman Sachs Employment Forecast: 210,000 jobs added, Unemployment Rate decline to 5.5%
NAHB - 10:57AM
Housing Markets Continue to Make Modest Gains
freddiemac.mwnewsroom.com - 10:56AM
Fixed Mortgage Rates Resume Downward Trajectory
CNBC - 10:56AM
Housing struggles as investors return to Phoenix
Bloomberg - 9:39AM
Syriza Debt Markets Far From 2012 Extremes: Greek Reality Check - Bloomberg
Bloomberg - 9:39AM
Treasuries Decline as Rally on Greek-Debt Crisis Deemed Overdone - Bloomberg
Reuters - 9:38AM
U.S. productivity falls in fourth quarter; labor costs rise
Reuters - 9:38AM
U.S. trade deficit widens; weekly jobless claims up modestly
blog.redfin.com - 9:13AM
Rock-bottom Interest Rates, More Homes for Sale Send Housing Market off to an Early, Roaring Start
Bloomberg - 9:13AM
Schaeuble 'Agrees to Disagree' With Greece's Varoufakis - Bloomberg
Bloomberg - 9:09AM
Rosengren Says Fed Should Remain Patient Amid Low Inflation - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

+0.00

15 Yr FRM

3.00%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.63%

+0.00

5/1 Yr ARM

3.08%

+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

3.80%

0.29

-0.09

15 Yr. Fixed

3.10%

0.29

-0.06

30 Yr. Jumbo

3.86%

0.23

-0.02

30 Yr. FHA

3.66%

0.15

-0.05

5/1 ARM

2.87%

0.41

-0.07

Freddie Mac **

30 Yr. Fixed

3.59%

0.70

-0.07

15 Yr. Fixed

2.92%

0.60

-0.06

1 Yr. ARM

2.39%

0.40

+0.01

5/1 Yr. ARM

2.82%

0.40

-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

102-29

-0-05

30YR FNMA 3.5

105-13

-0-01

30YR GNMA 3.0

103-11

-0-03

30YR GNMA 3.5

105-18

-0-02

15YR FNMA 3.0

105-03

+0-01

15YR FNMA 2.5

103-07

-0-01

Treasuries

Yield

Change

2 YR

0.5238%

+0.0397

5 YR

1.3036%

+0.0633

10 YR

1.8153%

+0.0717

30 YR

2.4270%

+0.0843

Prices as of: 2/5/2015 4:32PM 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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