Daily Newsletter: Thursday June 11, 2015

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.11%
                                                                  
                                                                -0.07

15 Year Fixed

                                                                3.32%
                                                                  
                                                                -0.06

10YR Treasury

                                                                2.38%
                                                                  
                                                                -0.1049

FNMA 30YR 3.5

                                                                102-29
                                                                  
                                                                +0-22

FNMA 15YR 2.5

                                                                103-20
                                                                  
                                                                +0-14

View Today's Rates

Thursday June 11, 2015

Mortgage Rate Watch - 5:24PM

Mortgage Rates Surge Lower From 8 Month Highs

Mortgage rates were at their highest levels since early October as of yesterday afternoon, and in general, have been in the throes of the most aggressive move higher since the 2013 ...

MND NewsWire - 3:10PM

One-Third of Home Sales Still All Cash

Despite over two years of declines cash sales continue to constitute more than one-third of total home sales. CoreLogic reported today that the share of those sales diminished on a ...

MND NewsWire - 10:43AM

New Home Purchase Apps Decline. Blame the School Year?

Applications for the purchase of newly constructed homes fell in May, a decline which the Mortgage Bankers Association (MBA) attributed at least in part to seasonal factors. Data from ...

Pipeline Press - 10:36AM

Product Development; Training and Events; Challenges to Lending in California

A recent MBA "Chart of the Week" highlights the change in the number of households by age from 2004 to 2014. Household formation was negative for households with at least one adult ...

Latest Video

How high will rates go?

Fear the zombie foreclosures?

Mortgage apps spike as home prices rise

More News from 'Around the Web'

CNBC - 5:01PM
Risk looms for bond fund investors
Bloomberg - 5:01PM
Bond Bubble Is Fiction Like Sasquatch
American Bankers Assoc. - 5:00PM
Dodd-Frank Rules Continue to Restrict Mortgage Lending: ABA Survey
WSJ - 3:13PM
WSJ Survey: Economists Think Fed Won't Raise Rates Before September
WSJ - 3:13PM
WSJ Survey: Fed Forecasts for the Economy and Interest Rates Could Edge Down
CNBC - 3:12PM
How the Fed screwed up the bond market
Calculated Risk Blog - 3:11PM
The Curious Case of Existing Home Sales in the South in April
CNBC - 3:11PM
'Move-up' buyers drive San Diego housing
CNBC - 1:54PM
Fed already 'behind the curve': Pimco CIO
Bloomberg - 1:54PM
Surging U.S. Property Prices Boost Americans' Home Equity
CNBC - 12:29PM
What the bond market is saying
Calculated Risk Blog - 12:26PM
Fed's Q1 Flow of Funds: Household Net Worth at Record High
The Big Picture - 10:47AM
GDP Growth by State
CNBC - 10:45AM
IMF: 'Major differences' with Greece
freddiemac.mwnewsroom.com - 10:45AM
Average 30-Year Fixed-Rate Mortgage Above Four Percent
www.cfpbmonitor.com - 9:50AM
CFPB files amicus brief in U.S. Supreme Court ECOA case
WSJ - 9:47AM
Draghi Says ECB Didn't Give Privileged Information to Fund Managers
CNBC - 8:45AM
US jobless claims up marginally, but market firming
Market Watch - 8:44AM
Zombie foreclosures climb in L.A. area, other major cities
Reuters - 8:44AM
'Greek tragedy' needs happy ending now: EU's Moscovici

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.11%

-0.07

15 Yr FRM

3.32%

-0.06

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.94%

-0.05

5/1 Yr ARM

3.04%

-0.01

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

4.07%

0.35

+0.03

15 Yr. Fixed

3.29%

0.24

+0.03

30 Yr. Jumbo

4.06%

0.29

+0.02

30 Yr. FHA

3.83%

0.16

+0.03

5/1 ARM

3.04%

0.48

+0.05

Freddie Mac **

30 Yr. Fixed

4.04%

0.60

+0.17

15 Yr. Fixed

3.25%

0.60

+0.17

1 Yr. ARM

2.53%

0.20

-0.06

5/1 Yr. ARM

3.01%

0.40

+0.05

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

99-12

+0-27

30YR FNMA 3.5

102-29

+0-22

30YR GNMA 3.0

100-27

+0-24

30YR GNMA 3.5

103-24

+0-21

15YR FNMA 3.0

103-20

+0-14

15YR FNMA 2.5

101-06

+0-20

Treasuries

Yield

Change

2 YR

0.7171%

-0.0119

5 YR

1.7274%

-0.0596

10 YR

2.3808%

-0.1049

30 YR

3.0965%

-0.1191

Prices as of: 6/11/2015 4:30PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe