Daily Newsletter: Tuesday June 16, 2015

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30 Year Fixed

                                                                4.11%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.30%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.31%
                                                                  
                                                                -0.0502

FNMA 30YR 3.5

                                                                103-03
                                                                  
                                                                +0-10

FNMA 15YR 2.5

                                                                103-14
                                                                  
                                                                +0-06

View Today's Rates

Tuesday June 16, 2015

Mortgage Rate Watch - 4:54PM

Mortgage Rates Inch Lower Ahead of Fed

Mortgage rates moved only slightly lower today, belying the amount of positive market movement in the mortgage-backed-securities (MBS) that normally influence lender pricing. Indeed ...

MND NewsWire - 3:48PM

Wells Fargo Survey Shows Gap in Homebuying Knowledge

Despite record low homeownership rates consumers have not soured on the American dream. The second annual edition of "How American Views Home Ownership" report by Wells Fargo & ...

MND NewsWire - 10:28AM

Hidden Message in Building Permits Data: Prepare to Rent!

This morning's Residential Construction report for May, held much better news than appeared at first glance even though that first glance was not bad either. Permitting and construction ...

MBS Commentary - 12:16PM

MBS MID-DAY: Bonds Bounce Back to Gains After European Close

Europe has been in the driver's seat throughout the day as far as domestic bond markets are concerned. While Treasuries were doing fairly well as the overnight session began, it was ...

Latest Video

Fed Survey: When will the Fed hike rates?

Housing starts pause, building permits up

The worrisome part about housing data

More News from 'Around the Web'

www.builderonline.com - 3:00PM
Mega-Merger Gives Insight into Builder Confidence
Calculated Risk Blog - 3:00PM
Comments on May Housing Starts
www.menendez.senate.gov - 2:45PM
Menendez Bill Would Help Homeowners at Risk of Foreclosure Stay in Their Homes
www.wellsfargo.com - 12:45PM
Consumers' Misconceptions Temper Desire for Homeownership
CNBC - 12:34PM
Why aren't more homes being built?
Calculated Risk Blog - 11:11AM
CoreLogic: 254,000 US Properties Regained Equity in the First Quarter of 2015
CNBC - 10:44AM
Fed wants 2 rate hikes, but may back down: Expert
CNBC - 10:44AM
CME boss losing faith in Fed hike soft landing
Reuters - 8:50AM
U.S. housing starts pause after hefty gains, building permits soar
Bloomberg - 8:49AM
Draghi Gets EU Top Court's Backing for 2012 Bond-Buying Plan
Reuters - 8:47AM
Greek PM sticks to hard line as contagion hits euro zone bonds
Bloomberg - 8:46AM
Mortgage-Bond Sales Soar in Sign U.S. Crisis Wounds Healing
WSJ - 12:28AM
What Happens if Greece Misses Payments?
Calculated Risk Blog - 12:24AM
4% Sustained GDP Growth?
Bloomberg - 12:22AM
Hedge Funds With Central Banks Showing Doubt Bond Rout Has Legs

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.11%

-0.01

15 Yr FRM

3.30%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.92%

-0.01

5/1 Yr ARM

3.10%

+0.06

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

99-22

+0-12

30YR FNMA 3.5

103-03

+0-10

30YR GNMA 3.0

101-08

+0-15

30YR GNMA 3.5

103-27

+0-08

15YR FNMA 3.0

103-14

+0-06

15YR FNMA 2.5

101-01

+0-06

Treasuries

Yield

Change

2 YR

0.6935%

-0.0120

5 YR

1.6616%

-0.0430

10 YR

2.3093%

-0.0502

30 YR

3.0431%

-0.0461

Prices as of: 6/16/2015 4:57PM 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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