Daily Newsletter: Friday February 27, 2015

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30 Year Fixed

                                                                3.77%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.08%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.00%
                                                                  
                                                                -0.0383

FNMA 30YR 3.5

                                                                104-26
                                                                  
                                                                +0-08

FNMA 15YR 2.5

                                                                104-23
                                                                  
                                                                +0-07

View Today's Rates

Friday February 27, 2015

MND NewsWire - 2:39PM

Construction Industry Optimism at 20-year High

While its ultimate focus is the future of the construction equipment business, Wells Fargo's Equipment Finance division has some predictions for residential construction as well. The ...

MND NewsWire - 11:27AM

Homebuyers were Busy in January; Pending Sales Rise

Even though sales of existing homes dropped by 4.9 percent in January buyers were apparently out shopping and seriously so. The National Association of Realtors® said that its Pending ...

Mortgage Rate Watch - 5:09PM

Mortgage Rates End Bad Month on Good Note

Mortgage rates managed to scrape together modest gains for today's month-end session. In terms of the financial markets that dictate mortgage rates, the last day of the month can be ...

Community Commentary - 3:04PM

Lessons for Europe from the US Housing Recovery

In our highly interconnected financial world, what happens in Europe, Greece, and Germany greatly affects our own bond and MBS markets . There has been much discussion back and forth ...

Latest Video

Fed's Fischer: Rate hike high probability in 2015

Clashes in streets of Athens

Santelli: 10-year Treasury yield on the move

More News from 'Around the Web'

Market Watch - 4:20PM
Fed won't be predictable after lifting rates, Fischer says
Bloomberg - 4:19PM
Blackstone Seeks Up to $15 Billion for Real Estate Fund
WSJ - 4:18PM
ECB's Constancio Sees Stock of 4 Trillion Eligible for QE Purchases
Reuters - 2:11PM
Jobs report may test market's complacency
Calculated Risk Blog - 1:56PM
Fed's Fischer: "Conducting Monetary Policy with a Large Balance Sheet"
CNBC - 12:35PM
Hell no, we won't go! Homeowners who wouldn't budge
Bloomberg - 12:28PM
Ocwen Tumbles After Mortgage Servicer Gets Fired From Bond Deals
Calculated Risk Blog - 11:31AM
Catching Up: Final February Consumer Sentiment at 95.4, Chicago PMI declines Sharply
Reuters - 10:28AM
U.S. pending home sales hit one-and-a-half-year high in January
WSJ - 10:27AM
Economists React to the Fourth-Quarter GDP Report: The Underlying Picture Remains Good'
WSJ - 10:27AM
Fed's Dudley: Markets May Force a More Aggressive Rate Hike Cycle
CNBC - 9:05AM
US Q4 growth rate revised down to 2.2%

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.77%

-0.02

15 Yr FRM

3.08%

-0.01

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.77%

-0.01

5/1 Yr ARM

3.12%

-0.01

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

3.93%

0.35

+0.09

15 Yr. Fixed

3.24%

0.35

+0.09

30 Yr. Jumbo

3.92%

0.28

+0.02

30 Yr. FHA

3.73%

0.12

+0.01

5/1 ARM

3.09%

0.47

+0.02

Freddie Mac **

30 Yr. Fixed

3.80%

0.60

+0.00

15 Yr. Fixed

3.07%

0.60

+0.00

1 Yr. ARM

2.44%

0.40

+0.00

5/1 Yr. ARM

2.99%

0.50

+0.00

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

101-28

+0-09

30YR FNMA 3.5

104-26

+0-08

30YR GNMA 3.0

102-22

+0-09

30YR GNMA 3.5

105-01

+0-11

15YR FNMA 3.0

104-23

+0-07

15YR FNMA 2.5

102-14

+0-07

Treasuries

Yield

Change

2 YR

0.6263%

-0.0277

5 YR

1.5005%

-0.0409

10 YR

1.9965%

-0.0383

30 YR

2.5964%

-0.0338

Prices as of: 2/27/2015 4:31PM 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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