Daily Newsletter: Thursday September 17, 2015

This website requires Javascrip to run properly.

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

                                                                3.98%
                                                                  
                                                                -0.07

15 Year Fixed

                                                                3.24%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.20%
                                                                  
                                                                -0.1020

FNMA 30YR 3.5

                                                                103-29
                                                                  
                                                                +0-21

FNMA 15YR 2.5

                                                                103-31
                                                                  
                                                                +0-16

View Today's Rates

Thursday September 17, 2015

MBS Commentary - 5:50PM

MBS RECAP: Fed Does Only Thing it Can to Prove Everyone Wrong

Some folks thought the Fed would hike today and others were pretty sure they wouldn't. The hike camp was the minority according to most surveys and to Fed Funds Futures, but clearly ...

Mortgage Rate Watch - 5:07PM

Mortgage Rates Drop Sharply After Fed Announcement

Mortgage rates came roaring back today after the Fed held steady at record-low policy rates. While the Fed Funds Rate doesn't directly dictate mortgage rates, the two tend to correlate ...

MND NewsWire - 10:40AM

Freddie Mac Out With Another Round of Guideline Updates

Freddie Mae has unveiled another round of changes to its Single-Family Seller/Servicer Guide. There are more than a half dozen changes effecting mortgages for refinancing, condominiums ...

MND NewsWire - 10:35AM

Lenders Give Upbeat Assessment of Credit Access

More lenders are seeing an easing of mortgage lending standards Fannie Mae said today. In its third quarter Mortgage Lender Sentiment Survey indicators of loosening standards jumped ...

Latest Video

Interest rates tick lower on Fed decision

Envision further improvement in housing: Yellen

Fed now UN central bank: Santelli

More News from 'Around the Web'

CNBC - 4:49PM
Pisani: Did the Fed just make a third mandate?
rss.nytimes.com - 4:49PM
Fed's Hesitance, Not Its Decision, Surprises Economists
www.realtor.com - 4:47PM
Real Estate Agents' Ad Pushes Working Moms' Buttons
CNBC - 4:47PM
The Fed's real inflation problem
CNBC - 3:15PM
Market moves bets on hike to 2016 after Fed holds off
Federal Reserve - 2:22PM
Federal Reserve Board and Federal Open Market Committee release economic projections from the September 16-17 FOMC meeting
CNBC - 2:20PM
Take a look at the new Fed dot plot
rss.nytimes.com - 2:20PM
Fed Leaves Interest Rates Unchanged
Calculated Risk Blog - 2:20PM
FOMC Projections and Press Conference
Calculated Risk Blog - 12:28PM
Comments on August Housing Starts
CNBC - 12:27PM
All eyes on the Federal Reserve: Live coverage
CNBC - 10:45AM
Philly Fed survey misses in September
freddiemac.mwnewsroom.com - 10:45AM
Mortgage Rates Calm Ahead of Federal Reserve Decision
Bloomberg - 10:43AM
Americans' Outlook for U.S. Economy Declines to Four-Month Low
Market Watch - 8:38AM
U.S. jobless claims fall 11,000 to 264,000, lowest since mid-July
Bloomberg - 8:38AM
In Bond-Market Irony, Inflation Is Lower Now Than When Fed Eased
CNBC - 8:37AM
US housing starts take a breather
CNBC - 12:12AM
Gundlach: Bonds look appealing
Fannie Mae - 12:11AM
Mortgage Credit Standards Are Easing - Fannie

Today's Comments

MND NewsWire - 4:24PM

"Kind of interesting to read this today in the NAR weekly report in light of this article: where are owners getting this perception? Certainly ensures a lot of business for appraisers and AMCS. Owners Overvalue Homes by Larger Margin For the seventh straight month, the gap has widened between what owners..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.98%

-0.07

15 Yr FRM

3.24%

-0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.79%

-0.06

5/1 Yr ARM

2.97%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.49%

1.29

+0.13

30 Yr. Fixed

4.20%

1.45

+0.16

MBA **

30 Yr. Fixed

4.09%

0.42

-0.01

15 Yr. Fixed

3.33%

0.26

-0.01

30 Yr. Jumbo

4.04%

0.26

+0.01

30 Yr. FHA

3.88%

0.35

-0.02

5/1 ARM

3.04%

0.36

+0.01

Freddie Mac **

30 Yr. Fixed

3.91%

0.60

+0.01

15 Yr. Fixed

3.11%

0.60

+0.01

1 Yr. ARM

2.56%

0.20

-0.07

5/1 Yr. ARM

2.92%

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

100-23

+0-22

30YR FNMA 3.5

103-29

+0-21

30YR GNMA 3.0

101-27

+0-25

30YR GNMA 3.5

104-15

+0-21

15YR FNMA 3.0

103-31

+0-16

15YR FNMA 2.5

101-23

+0-18

Treasuries

Yield

Change

2 YR

0.6856%

-0.1292

5 YR

1.4817%

-0.1321

10 YR

2.1974%

-0.1020

30 YR

3.0119%

-0.0761

Prices as of: 9/17/2015 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.

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