Daily Newsletter: Monday March 21, 2016

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30 Year Fixed

                                                                3.77%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.04%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.92%
                                                                  
                                                                +0.0424

FNMA 30YR 3.5

                                                                104-11
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                104-00
                                                                  
                                                                -0-04

View Today's Rates

Monday March 21, 2016

Mortgage Rate Watch - 5:39PM

Mortgage Rates Slightly Higher

Mortgage rates moved higher to begin the new week as stocks and oil prices moved up from Friday afternoon's lows. Today's increases cast a shadow on what had been shaping up to be a ...

MND NewsWire - 3:38PM

Builder Profits Nearing 2006 Levels

The average single family builder achieved revenue of just over $16 million in 2014 and posted an average net pre-tax profit of $1 million . The National Association of Home Builders ...

Pipeline Press - 11:29AM

The Impact of TRID Debated Within The Industry; Training and Events

Research by RealtyTrac finds the percentage of homes that were bought and sold within 12 months (i.e. flipped) soared to 5.5% of all homes, reaching a 10 year high. Shame “flipped” ...

MND NewsWire - 11:18AM

Low Inventories, Rising Prices Hit February Home Sales

"Fizzle" was the description the National Association of Realtors® (NAR's) used for existing home sales in February. Those sales, which had increased to a six-month high annual ...

Latest Video

Gundlach: Fed officials' rhetoric has flip-flopped

Lockhart: Rate hike possible early as April

Feb. existing home sales fall

More News from 'Around the Web'

Calculated Risk Blog - 6:42PM
Lawler on Existing Home Sales, Table of Distressed Sales for Selected Cities in February
Market Watch - 6:41PM
Trump will trigger global growth scare,' Gundlach says
www.realtor.com - 6:41PM
Got Foreclosure Trouble? Try Shaming' Your Bank
www.realtor.com - 3:28PM
Why Were Fewer Existing Homes Sold in February?
Reuters - 1:25PM
Fed's Lockhart says rate hike possible at April meeting
www.realtor.com - 1:24PM
These $100 Digital Upgrades Can Help You Sell Your House
www.ourbroker.com - 11:35AM
Real State Borrowers Face New Mortgage Scams
Reuters - 11:35AM
U.S. existing home sales tumble in warning sign for housing market
CNBC - 9:48AM
How the Fed has changed the outlook for stocks
Calculated Risk Blog - 9:48AM
Chicago Fed: "Index shows economic growth slowed in February"
info.trulia.com - 9:48AM
Trulia: Rising Home Prices Causing Homebuyer Gridlock Among Starter, Trade Up And Premium Homes
eyeonhousing.org - 9:48AM
What's the Average Profit Margin of Single-family Builders?
CNBC - 9:47AM
When a reverse mortgage is right for you
Bloomberg - 8:01AM
Wall Street's Pile of Unwanted Treasuries Exposes Market Cracks
Bloomberg - 8:00AM
The Fed Keeps Talking, and Bond Traders Just Get More Confused
Reuters - 8:00AM
Fed's Lacker says he is confident inflation will return to 2 percent
CNBC - 8:00AM
US Treasurys fall as risk-on' sentiment gains

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.77%

+0.02

15 Yr FRM

3.04%

+0.02

FHA 30 Year Fixed

3.35%

+0.05

Jumbo 30 Year Fixed

3.63%

+0.03

5/1 Yr ARM

3.00%

-0.02

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

3.94%

0.42

+0.05

15 Yr. Fixed

3.22%

0.39

+0.08

30 Yr. Jumbo

3.86%

0.28

+0.05

30 Yr. FHA

3.77%

0.33

+0.06

5/1 ARM

3.23%

0.35

+0.03

Freddie Mac **

30 Yr. Fixed

3.73%

0.50

+0.05

15 Yr. Fixed

2.99%

0.40

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.93%

0.50

+0.01

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

101-25

-0-08

30YR FNMA 3.5

104-11

-0-06

30YR GNMA 3.0

102-24

-0-14

30YR GNMA 3.5

105-03

-0-10

15YR FNMA 3.0

104-00

-0-04

15YR FNMA 2.5

102-05

-0-06

Treasuries

Yield

Change

2 YR

0.8761%

+0.0368

5 YR

1.3777%

+0.0430

10 YR

1.9173%

+0.0424

30 YR

2.7208%

+0.0440

Prices as of: 3/21/2016 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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