Daily Newsletter: Friday February 19, 2016

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.96%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.75%
                                                                  
                                                                +0.0139

FNMA 30YR 3.5

                                                                104-23
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                104-11
                                                                  
                                                                -0-03

View Today's Rates

Friday February 19, 2016

MND NewsWire - 7:13PM

GSEs Report Substantial but Diminishing Profits

Both Fannie Mae and Freddie Mac (the GSEs) released fourth quarter and year-end results for their 2015 fiscal years this week. While both GSEs posted substantial profits for the year ...

MND NewsWire - 7:05PM

Rates, Home Prices Increase Affordability Levels

Both lower home prices and decreasing interest rates contributed to an increase in home affordability during the fourth quarter of 2015 according to the National Association of Home ...

Mortgage Rate Watch - 4:17PM

Mortgage Rates Slightly Lower to End Week

Mortgage rates improved slightly today, on average, despite modest weakness in underlying bond markets. We discussed this possibility yesterday in that lenders hadn't fully adjusted ...

MBS Commentary - 7:33AM

MBS Day Ahead: Naysayers Versus Believers

I was hyperactively remarking to a mentor back in the day about how things were happening in markets almost exactly as I thought they would. I was excited, but he soon brought me back ...

Latest Video

Santelli Exchange: Interpreting 2% inflation target

Santelli: Watch short end of treasury curve

Richard Fisher: Escaping low interest rate trap

More News from 'Around the Web'

CNBC - 5:14PM
El-Erian: Expect volatility to return
Reuters - 5:14PM
Dudley gets another five years atop New York Fed
CNBC - 2:54PM
A slow recovery: Strategists
Washington Post - 2:54PM
Freddie and Fannie are making money again, and everyone wants it.
Reuters - 2:54PM
Faster U.S. CPI inflation still not moving key dial for Fed
CNBC - 2:53PM
Online lenders running into a cash crunch
Bloomberg - 12:14PM
Fed's Mester Says U.S. Economy Can Work Through `Soft Patch'
Market Watch - 12:12PM
The Fed: Why Yellen, Fed may be heartened by CPI data
webfeeds.brookings.edu - 10:36AM
Are low oil prices as helpful to the economy as we once thought?
eyeonhousing.org - 10:36AM
Flat Trends for Custom Home Building
Bloomberg - 8:59AM
Draghi Wagers Propel Bunds Toward Longest Winning Run in a Year
Fannie Mae - 8:58AM
News Release - Fannie Mae Reports Net Income of $11.0B ...

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

-0.02

15 Yr FRM

2.96%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.48%

-0.01

5/1 Yr ARM

2.90%

+0.00

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

3.83%

0.36

-0.08

15 Yr. Fixed

3.11%

0.31

-0.07

30 Yr. Jumbo

3.74%

0.26

-0.02

30 Yr. FHA

3.67%

0.34

-0.05

5/1 ARM

2.92%

0.32

-0.04

Freddie Mac **

30 Yr. Fixed

3.65%

0.50

+0.00

15 Yr. Fixed

2.95%

0.50

+0.00

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.85%

0.40

+0.02

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

102-16

-0-03

30YR FNMA 3.5

104-23

-0-05

30YR GNMA 3.0

103-11

+0-02

30YR GNMA 3.5

105-10

-0-05

15YR FNMA 3.0

104-11

-0-03

15YR FNMA 2.5

102-17

-0-02

Treasuries

Yield

Change

2 YR

0.7459%

+0.0485

5 YR

1.2278%

+0.0306

10 YR

1.7518%

+0.0139

30 YR

2.6132%

+0.0046

Prices as of: 2/19/2016 4:28PM 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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