Daily Newsletter: Wednesday December 16, 2015

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30 Year Fixed

                                                                4.06%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.29%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.30%
                                                                  
                                                                +0.0284

FNMA 30YR 3.5

                                                                102-27
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                102-28
                                                                  
                                                                -0-04

View Today's Rates

Wednesday December 16, 2015

Mortgage Rate Watch - 6:40PM

Fed Rate Goes Up. Mortgage Rates Go Down

Mortgage rates moved just slightly lower today, despite the long-awaited Fed rate hike. Once again, that's LOWER mortgage rates and a HIGHER Fed rate. Here's how that works: The rate ...

MBS Commentary - 2:09PM

MBS MID-DAY: Differences Between This FOMC Announcement and the Last One

Naturally, this is the most changed Fed Announcement in recent memory. Strike-through indicates previous text. Underline indicates new text. Release Date: October 28, December 16, 2015 ...

MND NewsWire - 10:20AM

Multifamily Leads Construction Numbers Higher

Residential construction activity surged in November with both residential construction permits and housing starts, permits especially, beating analysts' expectations. Whether or not ...

MND NewsWire - 1:39PM

How Old Deal With GSEs Could Affect Fed Rate Hike Efforts

In order to end what it considered excessive borrowing by Fannie Mae and Freddie Mac (the GSEs) and the Federal Home Loan Banks the Federal Reserve, in 2006, cut off their access to ...

Latest Video

Fed more dovish than expected: Pro

Housing starts up 10.5% in November

How Fed hike could impact housing: Pro

More News from 'Around the Web'

Bloomberg - 8:04PM
Federal Reserve Rate Hike: Who Wins, Who Loses, Who Goes Meh - Bloomberg
Market Watch - 5:04PM
Short-term Treasury yields at 5 1/2-year high after Fed's monumental rate hike
Market Watch - 5:04PM
The Wall Street Journal: Junk bonds boosted by Federal Reserve interest-rate hike
Bloomberg - 5:04PM
The Fed Rate Hike in Two Minutes - Bloomberg
CNBC - 3:29PM
Why the Fed move doesn't matter to mortgage rates
webfeeds.brookings.edu - 3:29PM
After lift-off at the Fed, a focus on trajectory
Reuters - 2:45PM
Fed raises interest rates for first time in a decade in 'dovish hike'
CNBC - 1:15PM
White House OK on spending bill
www.npr.org - 1:15PM
No Government Shutdown, But Here's What's In The Spending Bill
Calculated Risk Blog - 1:06PM
AIA: "Architecture Billings Index Hits another Bump " in November
CNBC - 1:03PM
DoubleLine's Gundlach: Fed will likely raise rates today
Calculated Risk Blog - 10:43AM
Fed: Industrial Production decreased 0.6% in November
CNBC - 10:43AM
Is party over for real estate investment trusts?
www.realtor.com - 8:52AM
The 5 Real Estate Trends That Will Shape 2016
CNBC - 8:45AM
US housing starts surge, permits hit 5-month high

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.06%

-0.02

15 Yr FRM

3.29%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.90%

-0.01

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

3.45%

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

99-19

-0-05

30YR FNMA 3.5

102-27

-0-03

30YR GNMA 3.0

101-00

-0-12

30YR GNMA 3.5

103-24

-0-10

15YR FNMA 3.0

102-28

-0-04

15YR FNMA 2.5

100-18

-0-04

Treasuries

Yield

Change

2 YR

1.0086%

+0.0367

5 YR

1.7506%

+0.0531

10 YR

2.2995%

+0.0284

30 YR

3.0087%

+0.0151

Prices as of: 12/16/2015 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.

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