Daily Newsletter: Monday February 8, 2016

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30 Year Fixed

                                                                3.69%
                                                                  
                                                                -0.08

15 Year Fixed

                                                                2.99%
                                                                  
                                                                -0.06

10YR Treasury

                                                                1.75%
                                                                  
                                                                -0.0874

FNMA 30YR 3.5

                                                                104-30
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                104-16
                                                                  
                                                                +0-06

View Today's Rates

Monday February 8, 2016

Mortgage Rate Watch - 5:08PM

Mortgage Rates Rocket to Lowest in a Year

Mortgage rates dropped significantly today, officially hitting the lowest levels in almost exactly 1 year. For most lenders, that means a conventional 30yr fixed rate quote of 3.625 ...

MND NewsWire - 10:55AM

Housing Attitudes Take Turn For The Worse

Affordability is becoming an issue based on more than just rising interest rates and rising home prices according to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae ...

Pipeline Press - 10:42AM

Lots of Attention on New Lehman Brothers Lawsuit; Lender's Super Bowl Ad Results

I asked my cat Myrtle (is she my mews?) if she knew anything about cybersecurity. She gave me a look that told me she spends as much time worrying about hackers as she thought was necessary ...

MBS Commentary - 7:34AM

MBS Week Ahead: Stocks and Bonds Could Pop Any Day Now

Depending on your point of view, this could end up being the most interesting week of the year for bond markets. If that turns out to be the case, it would likely have something to ...

Latest Video

Santelli: Safety in the selloff

European banks take a beating

Multi-gen living on the rise

More News from 'Around the Web'

Reuters - 5:29PM
DoubleLine's Gundlach calls market trends 'relentless and powerful'
Calculated Risk Blog - 3:51PM
Update: The Inland Empire Bust and Recovery
Market Watch - 3:51PM
The Fed: Yellen may tell Congress her goal is not to slow the economy
www.realtor.com - 1:43PM
Quicken Loans Super Bowl Ad: No, This Isn't Housing Apocalypse 2.0
Bloomberg - 11:47AM
Will Volatility End High Times in High-End Real Estate?
Reuters - 11:47AM
Chesapeake Energy hires restructuring lawyers: sources
Bloomberg - 11:47AM
Bank of America: This Chart Shows 'Deteriorating Liquidity' Is at the Heart of Market Carnage
Bloomberg - 11:46AM
Bank Credit Risk Surges Globally to Most in Almost Three Years
Calculated Risk Blog - 11:45AM
Las Vegas Real Estate in January: Sales Increased 5% YoY, Inventory Up Slightly
www.realtor.com - 9:00AM
Why Home Buying Is (or Isn't) Like Dating
CNBC - 8:50AM
Treasurys rally as safe-haven buying continues
CNBC - 8:49AM
Dow futures slip triple-digits as growth fears grip markets
phx.corporate-ir.net - 8:49AM
MGIC Investment Corporation Releases Monthly Operating Statistics

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

-0.08

15 Yr FRM

2.99%

-0.06

FHA 30 Year Fixed

3.25%

-0.10

Jumbo 30 Year Fixed

3.49%

-0.09

5/1 Yr ARM

2.90%

-0.09

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

3.97%

0.41

-0.05

15 Yr. Fixed

3.22%

0.37

-0.06

30 Yr. Jumbo

3.84%

0.26

-0.05

30 Yr. FHA

3.80%

0.35

-0.03

5/1 ARM

3.00%

0.34

-0.09

Freddie Mac **

30 Yr. Fixed

3.72%

0.60

-0.07

15 Yr. Fixed

3.01%

0.50

-0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.85%

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

102-18

+0-09

30YR FNMA 3.5

104-30

+0-05

30YR GNMA 3.0

103-07

+0-03

30YR GNMA 3.5

105-09

0-00

15YR FNMA 3.0

104-16

+0-06

15YR FNMA 2.5

102-20

+0-07

Treasuries

Yield

Change

2 YR

0.6742%

-0.0519

5 YR

1.1659%

-0.0776

10 YR

1.7517%

-0.0874

30 YR

2.5778%

-0.0964

Prices as of: 2/8/2016 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.

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