Daily Newsletter: Monday April 18, 2016

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.94%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.77%
                                                                  
                                                                +0.0175

FNMA 30YR 3.5

                                                                104-27
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                104-13
                                                                  
                                                                -0-01

View Today's Rates

Monday April 18, 2016

Mortgage Rate Watch - 4:37PM

Mortgage Rates Hold Steady Despite Market Volatility

Mortgage rates held steady today , leaving them just off the lowest levels in nearly three years. Market conditions were somewhat volatile surrounding a weekend meeting in Doha regarding ...

MND NewsWire - 10:44AM

Builder Confidence Unchanged for 3rd Straight Month

For the third consecutive month the Housing Market Index (HMI) was unchanged. After rising to a decade high of 65 in October, the HMI, jointly sponsored by the National Association ...

Pipeline Press - 10:42AM

Freedom's Statement on Settlement; What Big Bank Earnings Tell us About Lending Environment

“Control the rules, control the outcome.” This old saying will be of particular interest in upcoming political events… or mortgage company lawsuits & settlements ...

MBS Commentary - 10:13AM

MBS Week Ahead: Bonds Fight Technical Battle With Housing Data in Background

2 separate narratives this week: market movement and housing data tall order for housing data to drive market movement, except in extreme cases markets are more likely to take cues ...

Latest Video

NAHB Sentiment Index 58 in April

Santelli: Rates remain firm in tight range

Santelli Exchange: Traders await central bankers

More News from 'Around the Web'

Bloomberg - 5:07PM
Wells Fargo Named Primary Dealer for U.S. Debt by New York Fed
Calculated Risk Blog - 5:06PM
Lawler: Early Look at Existing Home Sales in March
Reuters - 5:06PM
UBS blamed in U.S. trial for $2.1 billion in mortgage bond losses
www.wellsfargo.com - 5:06PM
Wells Fargo Securities Designated a Primary Dealer by the Federal Reserve Bank of New York
Reuters - 2:41PM
If oil stays cheap, household spending could rise: Fed paper
Market Watch - 2:41PM
The Fed: Fed's Kashkari says U.S. economy in uncharted waters'
www.realtor.com - 2:37PM
Non-Bank Servicers Creating Bigger Mortgage Problems
www.realtor.com - 10:50AM
Mid-April Forecast: Warm Weather Will Bring Out Home Buyers
Reuters - 10:49AM
U.S. economy looks good but Fed remains cautious: Dudley
CNBC - 9:04AM
Why negative rates are so damaging: El-Erian
www.realtor.com - 8:17AM
The Boom Towns: America's Fastest Growing Neighborhoods
CNBC - 7:52AM
US Treasurys higher on safe-haven trade
www.cfpbmonitor.com - 7:51AM
CFPB Staff Presents Second TRID Rule Webinar for 2016

Today's Comments

Pipeline Press - 1:38PM

"Thank you for your comments everyone! I have gotten some more info and am in touch with someone. Ted - it sounds like you are correct in that it is quite difficult to actually get approved for one of these extenuating circumstances and requires more effort and documentation than even was required for..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

+0.00

15 Yr FRM

2.94%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.58%

+0.00

5/1 Yr ARM

2.98%

+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

3.82%

0.33

-0.04

15 Yr. Fixed

3.10%

0.37

+0.00

30 Yr. Jumbo

3.74%

0.31

-0.02

30 Yr. FHA

3.66%

0.29

-0.07

5/1 ARM

2.94%

0.20

+0.00

Freddie Mac **

30 Yr. Fixed

3.58%

0.50

-0.01

15 Yr. Fixed

2.86%

0.50

-0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.84%

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

102-20

0-00

30YR FNMA 3.5

104-27

-0-01

30YR GNMA 3.0

103-20

-0-01

30YR GNMA 3.5

105-20

+0-01

15YR FNMA 3.0

104-13

-0-01

15YR FNMA 2.5

102-22

-0-00

Treasuries

Yield

Change

2 YR

0.7455%

+0.0119

5 YR

1.2304%

+0.0179

10 YR

1.7693%

+0.0175

30 YR

2.5799%

+0.0206

Prices as of: 4/18/2016 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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