Daily Newsletter: Wednesday May 6, 2015

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30 Year Fixed

                                                                3.98%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.25%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.25%
                                                                  
                                                                +0.0686

FNMA 30YR 3.5

                                                                104-00
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                104-05
                                                                  
                                                                -0-02

View Today's Rates

Wednesday May 6, 2015

Mortgage Rate Watch - 3:54PM

Mortgage Rates at New 2015 Highs

Mortgage rates are having a rough couple of weeks. Yesterday saw rates approach the previous 2015 highs set on March 6th. Today's rates moved slightly higher still, setting a new 2015 ...

MND NewsWire - 1:40PM

10% of Americans are "Credit Invisible"

About one in 10 American adults have no credit history according to a report from the Consumer Financial Protection Bureau, a total of 26 million persons who are "credit invisible. ...

MND NewsWire - 10:58AM

Rate Increases Take Toll on Refi Apps

Applications for refinancing cratered last week, reaching their lowest level in four months according to the Mortgage Bankers Association's (MBA's) Weekly Mortgage Applications Survey ...

MND NewsWire - 4:58PM

Final Rules for AMC Supervision Released by Regulators

Six federal regulators recently issued a final rule setting requirements for state registration and supervision of appraisal management companies (AMCs) . AMCs are entities that contract ...

Latest Video

Yellen: Could see sharp jump in rates when Fed hikes

Mortgage apps down but home loans are up

Closing Bell Exchange: Big bull market over for bonds?

More News from 'Around the Web'

WSJ - 4:55PM
Kocherlakota: First-Quarter Economic Softness Is Matter for Concern'
Bloomberg - 4:54PM
Yellen's Focus on Term Premium Getting Noticed in Bond Market
Market Watch - 4:54PM
Mohamed El-Erian warns of trouble as bond liquidity dries up
WSJ - 2:59PM
Fed's Lockhart Sees Economy Back On Track Soon, Though Wants More Evidence
Calculated Risk Blog - 2:53PM
MBA: Mortgage Delinquency and Foreclosure Rates Decrease in Q1, Lowest since Q2 2007
www.cfpbmonitor.com - 2:53PM
Federal agencies issue final rule on standards for appraisal management companies
NAHB - 12:04PM
Housing Recovery Continues at Gradual Pace
Reuters - 12:03PM
Fed ready to take more action aimed at banking system safety: Yellen
CNBC - 11:19AM
Bankers say bond market is in danger
Bloomberg - 11:18AM
U.S. Mortgage Delinquencies Fall to Lowest Since 2007
Bloomberg - 8:38AM
Productivity Fell in First Quarter as U.S. Labor Costs Climbed - Bloomberg
Reuters - 8:38AM
U.S. private sector adds 169,000 jobs in April: ADP
CNBC - 1:27AM
SEC commish blasts Dodd-Frank
WSJ - 1:23AM
Kocherlakota Reiterates Fed Shouldn't Raise Rates in 2015
Bloomberg - 1:12AM
Bond Damage Tally: $340 Billion Lost as Slump Put in Perspective

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.98%

+0.03

15 Yr FRM

3.25%

+0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.85%

+0.02

5/1 Yr ARM

3.02%

+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

3.87%

0.38

+0.01

15 Yr. Fixed

3.16%

0.29

+0.01

30 Yr. Jumbo

3.84%

0.35

+0.03

30 Yr. FHA

3.67%

0.23

-0.02

5/1 ARM

2.82%

0.40

+0.06

Freddie Mac **

30 Yr. Fixed

3.68%

0.60

+0.03

15 Yr. Fixed

2.94%

0.60

+0.02

1 Yr. ARM

2.49%

0.40

+0.05

5/1 Yr. ARM

2.85%

0.50

+0.01

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

100-22

-0-09

30YR FNMA 3.5

104-00

-0-06

30YR GNMA 3.0

101-23

-0-09

30YR GNMA 3.5

104-18

-0-05

15YR FNMA 3.0

104-05

-0-02

15YR FNMA 2.5

101-28

-0-05

Treasuries

Yield

Change

2 YR

0.6391%

+0.0121

5 YR

1.5846%

+0.0396

10 YR

2.2467%

+0.0686

30 YR

2.9963%

+0.0916

Prices as of: 5/6/2015 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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