Daily Newsletter: Tuesday May 19, 2015

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.25%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.29%
                                                                  
                                                                +0.0460

FNMA 30YR 3.5

                                                                103-25
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                104-04
                                                                  
                                                                -0-04

View Today's Rates

Tuesday May 19, 2015

MND NewsWire - 10:30AM

Construction Numbers Highest Since 2007, Crushing Expectations

Residential construction numbers soared in April after a dismal March and both the number of residential permits issued and housing starts easily outpaced the expectations of analysts ...

Mortgage Rate Watch - 3:41PM

Mortgage Rates Back Near Recent Highs Ahead of Fed

Mortgage rates continued higher at an unsettling pace today, following an exceptionally strong reading on Residential Construction data. This particular report doesn't historically ...

MND NewsWire - 2:00PM

Can the Housing Recovery Handle Higher Rates?

That headline question is the focus of the May Economic and Housing Outlook produced by Freddie mac's Office of the Chief Economist. The economic team, headed by Leonard Kiefer, Deputy ...

Pipeline Press - 11:41AM

FHA/VA Updates and Related Investor Guideline Changes - The New Handbook Dissected

There are 1,700 capital markets folks wandering around Manhattan, and one of the topics is that one week Janet Yellen and other Fed officials are warning of an overblown stock market ...

Latest Video

Santelli: Boom! Yields pop up

Real estate market red hot: Pro

Water efficient homes

More News from 'Around the Web'

Reuters - 4:56PM
Economy's weak spell puts Fed at crossroads over liftoff plans
WSJ - 3:03PM
An About-Face for McMansions
Calculated Risk Blog - 1:33PM
Sacramento Housing in April: Total Sales up 9% Year-over-year
WSJ - 1:31PM
Report: Minimum Wage In U.S. Cities Not Enough To Afford Rent
Calculated Risk Blog - 12:10PM
Comments on April Housing Starts
Bloomberg - 11:00AM
Treasuries Decline as Housing Starts Climb Most in Seven Years
www.realtor.com - 11:00AM
Finally, There's Maybe, Probably, Almost Good News for Middle-Class Homebuyers
OCC - 10:59AM
OCC Newsletter Focuses on Financing Small Multifamily Rental Properties
freddiemac.mwnewsroom.com - 10:58AM
Freddie Mac May 2015 U.S. Economic and Housing Market Outlook
Bloomberg - 10:58AM
New York's Lawsky Proposes Changes to Reduce Home Foreclosures - Bloomberg
CNBC - 9:00AM
US Treasury yields dip after ECB pledge
Bloomberg - 8:59AM
Home Depot Profit Tops Estimates as Americans Spend on Homes
Calculated Risk Blog - 12:20AM
Tuesday: Housing Starts
Reuters - 12:19AM
US Bank, Bank of America win dismissal of mortgage claims
www.builderonline.com - 12:19AM
Rising Rents Aren't Pushing Renters Toward Homeownership, Yet
Bloomberg - 12:19AM
Rising U.S. Home Prices Seen Outweighing Drop in Ownership Rate

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

+0.04

15 Yr FRM

3.25%

+0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.82%

+0.03

5/1 Yr ARM

2.98%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.38%

1.18

+0.05

30 Yr. Fixed

3.95%

1.30

+0.04

MBA **

30 Yr. Fixed

4.00%

0.36

+0.07

15 Yr. Fixed

3.23%

0.40

+0.04

30 Yr. Jumbo

3.99%

0.33

+0.08

30 Yr. FHA

3.76%

0.14

+0.06

5/1 ARM

3.00%

0.46

+0.13

Freddie Mac **

30 Yr. Fixed

3.85%

0.60

+0.05

15 Yr. Fixed

3.07%

0.50

+0.05

1 Yr. ARM

2.48%

0.40

+0.02

5/1 Yr. ARM

2.89%

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

100-14

-0-10

30YR FNMA 3.5

103-25

-0-08

30YR GNMA 3.0

101-14

-0-16

30YR GNMA 3.5

104-06

-0-16

15YR FNMA 3.0

104-04

-0-04

15YR FNMA 2.5

101-24

-0-04

Treasuries

Yield

Change

2 YR

0.6173%

+0.0366

5 YR

1.6009%

+0.0614

10 YR

2.2868%

+0.0460

30 YR

3.0721%

+0.0402

Prices as of: 5/19/2015 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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