Daily Newsletter: Tuesday April 7, 2015

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30 Year Fixed

                                                                3.71%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.03%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.88%
                                                                  
                                                                -0.0157

FNMA 30YR 3.5

                                                                105-05
                                                                  
                                                                0-00

FNMA 15YR 2.5

                                                                104-29
                                                                  
                                                                -0-02

View Today's Rates

Tuesday April 7, 2015

MND NewsWire - 10:46AM

Refinance Pool Grows, but Not Among Sub-620 Credit Scores

The number of homeowners who could potentially benefit from refinancing has increased by 3 million in the last year according to Black Knight Financial Services' April Mortgage Monitor ...

Mortgage Rate Watch - 3:56PM

Mortgage Rates Weaker at First. Some Afternoon Improvements

Mortgage rates began the day moving slightly higher , further adding to the bounce back from Friday's 2-month lows. This time around, however, the scope of the weakness was limited ...

MND NewsWire - 10:31AM

Mortgage Credit Access Bodes Well for Spring Market

Several factors combined to improve access to mortgage credit last month with the greatest gains coming in conforming loans. The Mortgage Bankers Association (MBA) said its Mortgage ...

MBS Commentary - 12:33PM

MBS MID-DAY: Bond Markets Battle Back from Opening Weakness

To whatever extent liquidity still exists in the bond market, it returned today after holiday-related absences reduced participation to the lowest levels of the year over the past 2 ...

Latest Video

Bonds ahead of the Fed minutes

Santelli Exchange: All roads lead to Fed

Santelli: Treasury rate rise slows

More News from 'Around the Web'

Market Watch - 3:55PM
Fed bought up half of agency mortgage-backed securities last year
Calculated Risk Blog - 3:55PM
Q1 Review: Ten Economic Questions for 2015
www.builderonline.com - 3:02PM
Second-Home Purchases Trending Upward
CNBC - 1:23PM
Goldman sees 'close call' on rate hike
Calculated Risk Blog - 1:15PM
Mortgage Equity Withdrawal Still Negative in Q4 2014
Fannie Mae - 12:17PM
Lackluster Income Growth Weighing on Housing
WSJ - 12:16PM
ECB Hits March Bond Purchase Target
Reuters - 10:17AM
Fed can be both late and slow to raise rates: Kocherlakota
CNBC - 10:16AM
Job openings rise to 14-year high
Market Watch - 8:48AM
BOE calls on banks to brace for Greek eurozone exit
CNBC - 8:48AM
Americans' view on economy reaches 8-year highs
WSJ - 8:44AM
On Secular Stagnation, Ben Bernanke's Theory Meets Larry Summers's Evidence
Bloomberg - 8:44AM
Oil Rout Squeezes Property Owners From Houston to North Dakota

Today's Comments

MND NewsWire - 2:54PM

"With the insane QM and so called "ATR" rules with ridiculous ratio requirements, even more than qualified borrowers with pristine credit are getting turned away...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.71%

+0.02

15 Yr FRM

3.03%

+0.02

FHA 30 Year Fixed

3.35%

+0.05

Jumbo 30 Year Fixed

3.65%

+0.02

5/1 Yr ARM

3.04%

+0.02

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

4.01%

0.39

+0.05

15 Yr. Fixed

3.29%

0.30

+0.02

30 Yr. Jumbo

4.02%

0.27

+0.07

30 Yr. FHA

3.80%

0.20

+0.04

5/1 ARM

3.18%

0.40

+0.13

Freddie Mac **

30 Yr. Fixed

3.70%

0.60

+0.01

15 Yr. Fixed

2.98%

0.60

+0.01

1 Yr. ARM

2.46%

0.40

+0.00

5/1 Yr. ARM

2.92%

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

102-14

+0-01

30YR FNMA 3.5

105-05

0-00

30YR GNMA 3.0

103-03

+0-02

30YR GNMA 3.5

105-19

-0-01

15YR FNMA 3.0

104-29

-0-02

15YR FNMA 2.5

102-29

-0-02

Treasuries

Yield

Change

2 YR

0.5199%

+0.0199

5 YR

1.3213%

+0.0146

10 YR

1.8847%

-0.0157

30 YR

2.5194%

-0.0391

Prices as of: 4/7/2015 3:59PM 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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