Daily Newsletter: Monday February 29, 2016

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30 Year Fixed

                                                                3.66%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.96%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.74%
                                                                  
                                                                -0.0190

FNMA 30YR 3.5

                                                                104-25
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                104-09
                                                                  
                                                                +0-02

View Today's Rates

Monday February 29, 2016

Mortgage Rate Watch - 5:10PM

Mortgage Rates Slightly Lower to Begin Week

Mortgage rates were slightly lower today, recovering only some of the weakness seen over the past several business days. Apart from last Friday, today's rates are still the highest ...

MND NewsWire - 11:00AM

Contract Signings Second Lowest in 17 Months

Pending home sales kicked off 2016 by declining nationally and in three of the country's four regions. The National Association of Realtors® (NAR) said that its Pending Home Sales ...

MND NewsWire - 10:58AM

Campaign Debate Missing Critical Housing Issue

Why has one of the nation's most critical issues been missing from the presidential debates? Faith Schwartz, CoreLogic's Senior Vice President for Government Affairs says it can't be ...

Pipeline Press - 10:31AM

Upcoming Events; Primer on Mortgage Insurance and What MI Folks are Doing

Lenders everywhere are looking forward to a great March given their swollen locked pipelines . As thousands of operations folks descend on Ellie's conference in Las Vegas, regulation ...

Latest Video

Pro: Negative rates not a 'free lunch'

Pending home sales drop

Expect $85 oil by end of 2016: Pro

More News from 'Around the Web'

www.wellsfargo.com - 4:55PM
Wells Fargo LIFT programs create 11,000 homeowners
Calculated Risk Blog - 4:54PM
Fannie Mae: Mortgage Serious Delinquency rate unchanged in January
Realtor.Org - 3:56PM
Which Markets are Best For Building Apartments This Year?
CNBC - 2:17PM
Fed rate U-turn? Don't bet on it
freddiemac.mwnewsroom.com - 2:13PM
Freddie Mac February 2016 Insight & Outlook
www.realtor.com - 2:13PM
Which Region Is Poised to See the Most Home Sales?
Bloomberg - 12:25PM
Bond, Gold Markets Don't Believe Fed Hikes: Sherman
Reuters - 10:39AM
U.S. pending home sales hit one-year low in January
Calculated Risk Blog - 10:38AM
Chicago PMI declines to 47.6
www.freddiemac.com - 9:22AM
Crafting Creative Solutions, Staying True to Our Principles
Bloomberg - 9:21AM
RBC: If Yellen Doesn't Hike in March, Then the Fed Isn't Really "Data Dependent"
www.bkfs.com - 9:18AM
Black Knight Home Price Index Report: December 2015 Transactions
Bloomberg - 8:03AM
Manhattan Penthouse Gets Sliced in Two as Luxury Market Falters
www.realtor.com - 8:03AM
The Features That Help a Home Sell Fastestand the Ones That Don't
Washington Post - 8:02AM
Why losing a home means losing everything

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.66%

-0.01

15 Yr FRM

2.96%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.50%

-0.01

5/1 Yr ARM

2.97%

-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

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

3.62%

0.60

-0.03

15 Yr. Fixed

2.93%

0.50

-0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.79%

0.50

-0.06

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

+0-05

30YR FNMA 3.5

104-25

+0-04

30YR GNMA 3.0

103-13

+0-03

30YR GNMA 3.5

105-12

+0-03

15YR FNMA 3.0

104-09

+0-02

15YR FNMA 2.5

102-18

+0-03

Treasuries

Yield

Change

2 YR

0.7855%

-0.0079

5 YR

1.2171%

-0.0145

10 YR

1.7382%

-0.0190

30 YR

2.6163%

-0.0146

Prices as of: 2/29/2016 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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