Daily Newsletter: Wednesday April 20, 2016

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30 Year Fixed

                                                                3.69%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                2.97%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.85%
                                                                  
                                                                +0.0581

FNMA 30YR 3.5

                                                                104-20
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                104-11
                                                                  
                                                                -0-02

View Today's Rates

Wednesday April 20, 2016

Mortgage Rate Watch - 5:15PM

Mortgage Rates Jump to Highest Levels in April

Mortgage rates jumped significantly higher today, relative to the almost perfectly flat trend that's been intact for more than a week. We were already a bit cautious due to yesterday ...

MND NewsWire - 11:56AM

Home Sales Bounced Big in March, But Lag January Pace

Spring market buyers got down to business in March and existing home sales rebounded, up 5.1 percent but didn't quite recover from a disappointing February. The National Association ...

MND NewsWire - 8:39AM

Mortgage Apps Find Little Inspiration in Low Rates

In a week when rates continued holding near multi-year lows, mortgage application activity increased, but the gain during the week ended April 15 was minimal, especially compared to ...

MND NewsWire - 9:51AM

First-Time Buyers Key to Organic Housing Market

Fannie Mae's economists said Friday that housing indicators continue to be mixed. In the company's April Economic and Strategic Research report Senior Vice President and Chief Economist ...

Latest Video

Futures Now: Oil's reversal

Existing home sales up in March

Yellen sends message won't 'upset apple cart': Pro

More News from 'Around the Web'

www.corelogic.com - 4:45PM
CoreLogic Reports First Quarter 2016 Financial Results
Market Watch - 4:45PM
U.S. stocks gain for third day with S&P 500 at highest close since December
Reuters - 4:44PM
Banks pile into equities trading as salve for bond wounds
Bloomberg - 3:18PM
U.S. Stocks Fluctuate Amid Earnings With S&P 500 at 4-Month High
Reuters - 1:45PM
Trump leans toward replacing Fed chief if he wins White House
CNBC - 1:45PM
Houston's flood problem: Blame the pavement
CNBC - 11:54AM
Young homebuyers cringe on credit scores
Reuters - 10:23AM
Fed should better safeguard economic data, internal watchdog says
Bloomberg - 10:22AM
When the Recession Comes, We Can Always Drop Money Out of Helicopters
CNBC - 8:24AM
Monetary policy: Long road toward normal
www.gallup.com - 8:08AM
More Americans Say Real Estate Is Best Long-Term Investment
CNBC - 8:08AM
US Treasurys rise as oil drops

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

+0.05

15 Yr FRM

2.97%

+0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.60%

+0.02

5/1 Yr ARM

2.99%

+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

3.82%

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

102-09

-0-08

30YR FNMA 3.5

104-20

-0-06

30YR GNMA 3.0

103-03

-0-09

30YR GNMA 3.5

105-15

-0-01

15YR FNMA 3.0

104-11

-0-02

15YR FNMA 2.5

102-17

-0-04

Treasuries

Yield

Change

2 YR

0.8019%

+0.0405

5 YR

1.3122%

+0.0590

10 YR

1.8450%

+0.0581

30 YR

2.6553%

+0.0617

Prices as of: 4/20/2016 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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