Daily Newsletter: Tuesday December 15, 2015

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30 Year Fixed

                                                                4.08%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.30%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.27%
                                                                  
                                                                +0.0477

FNMA 30YR 3.5

                                                                102-30
                                                                  
                                                                -0-04

FNMA 15YR 2.5

                                                                102-32
                                                                  
                                                                -0-08

View Today's Rates

Tuesday December 15, 2015

Mortgage Rate Watch - 4:57PM

A Real Conversation About The Fed and Mortgage Rates

Mortgage rates jumped again today, moving to the highest levels more than a month ahead of tomorrow's hotly anticipated Fed Announcement. Many lenders are now back up to quoting 4.125 ...

MND NewsWire - 10:26AM

Labor and Land Costs Cited for Dip in Builder Confidence

The National Association of Home Builders (NAHB) said on Tuesday that its NAHB/Wells Fargo Housing Market Index (HMI) dropped one point in December adding to its three point loss in ...

MND NewsWire - 10:23AM

256,000 Homes Regained Equity in Q3

Ninety-two percent of mortgaged homeowners now have positive equity in their homes after more than a quarter-million emerged from being underwater in the third quarter of 2015. CoreLogic ...

Pipeline Press - 10:04AM

Wholesale News; TRID's Impact on Lenders and Consumers--Not Good News

What is this? Fear of a bubble in commercial real estate? Apparently the Fed is increasingly concerned about asset pricing and lending practices in commercial real estate markets but ...

Latest Video

Rate hike & housing prices

Fed survey: 95% expect rate hike Wednesday

Fed Survey: How many rate hikes in 2016?

More News from 'Around the Web'

Bloomberg - 4:54PM
Foreigners Sold U.S. Treasuries at Record Pace in October
www.realtor.com - 4:30PM
Tax Break for Home Short Sellers at Risk
Calculated Risk Blog - 4:29PM
Early Read on Existing Home Sales in November: Big Drop
CNBC - 2:45PM
Sounding off on a 'dovish hike'
FHFA - 1:41PM
FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets
Market Watch - 11:42AM
Bernanke says Fed likely to add negative rates to recession-fighting toolkit
Bloomberg - 9:50AM
Fed Still Expected to Raise Rates Amid Market Uncertainty
Market Watch - 9:50AM
Bernanke says he never expected rates to be at zero for so long
Reuters - 8:54AM
High-yield risks shed doubts on strength of U.S. economy
Market Watch - 8:36AM
Economic Report: Empire State index shows less contraction in December
www.corelogic.com - 8:35AM
CoreLogic Reports 256,000 US Properties Regained Equity in the Third Quarter of 2015
www.npr.org - 8:35AM
Battered Home Builders Remain Wary Of Interest Rate Increases
www.gallup.com - 8:35AM
Economic Confidence Index in the U.S. Consistent at -12
CNBC - 8:35AM
Underlying inflation pressures trend higher in Nov
newsroom.bankofamerica.com - 8:35AM
BofA Merrill Lynch Fund Manager Survey Finds Majority of Investors Expect Three or More U.S. Rate Hikes in Coming Year

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.08%

+0.04

15 Yr FRM

3.30%

+0.03

FHA 30 Year Fixed

3.75%

+0.05

Jumbo 30 Year Fixed

3.91%

+0.05

5/1 Yr ARM

3.00%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.45%

1.20

-0.01

30 Yr. Fixed

4.12%

1.43

-0.05

MBA **

30 Yr. Fixed

4.14%

0.43

+0.02

15 Yr. Fixed

3.39%

0.39

+0.03

30 Yr. Jumbo

4.02%

0.40

+0.03

30 Yr. FHA

3.91%

0.43

+0.02

5/1 ARM

2.98%

0.30

-0.13

Freddie Mac **

30 Yr. Fixed

3.95%

0.60

+0.02

15 Yr. Fixed

3.19%

0.50

+0.03

1 Yr. ARM

2.64%

0.20

+0.03

5/1 Yr. ARM

3.03%

0.50

+0.04

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

99-24

-0-06

30YR FNMA 3.5

102-30

-0-04

30YR GNMA 3.0

101-12

-0-04

30YR GNMA 3.5

104-02

-0-01

15YR FNMA 3.0

102-32

-0-08

15YR FNMA 2.5

100-22

-0-11

Treasuries

Yield

Change

2 YR

0.9719%

+0.0203

5 YR

1.6975%

+0.0446

10 YR

2.2711%

+0.0477

30 YR

2.9936%

+0.0387

Prices as of: 12/15/2015 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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