Daily Newsletter: Friday April 22, 2016

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30 Year Fixed

                                                                3.75%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.02%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.89%
                                                                  
                                                                +0.0250

FNMA 30YR 3.5

                                                                104-15
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-09
                                                                  
                                                                -0-01

View Today's Rates

Friday April 22, 2016

Mortgage Rate Watch - 5:00PM

Worst Week For Mortgage Rates Since November

Mortgage rates continued higher today, solidifying this week as the worst one in quite a while. Not since the first week i n November have rates risen so quickly. That said, the volatility ...

MND NewsWire - 12:32PM

Remodelers see Slowdown Ahead

Members of the National Association of Home Builders' (NAHB) remodeling division reported that market conditions remained about the same in the first quarter of 2016 as in the last ...

MND NewsWire - 12:24PM

One-Third of Transactions remain All-Cash

All cash sales continued at an elevated level in January, increasing from December but accounting for a substantially lower share of sales than a year earlier. CoreLogic said those ...

MBS Commentary - 9:46AM

MBS Day Ahead: Gloom and Doom Time?

past few days = negative technical signals galore for bonds 3rd consecutive week of higher lows and higher highs for rates momentum indicators suggest big risk of several negative weeks ...

Latest Video

Santelli: Moving toward new highs

SunTrust CEO: Earnings beat not just on interest rates

Santelli: Yields double this week

More News from 'Around the Web'

eyeonhousing.org - 11:57AM
Eye on the Economy: Cautious Optimism Heading Into Mid-Spring
freddiemac.mwnewsroom.com - 11:54AM
Freddie Mac April 2016 Outlook
CNBC - 9:55AM
Clumsy' central bankers will destroy' the economy: SocGen bear
Reuters - 9:54AM
Wall St. flat as investors stay cautious
Reuters - 9:54AM
Fed to hold rates in April but raise again in June: Reuters poll
Calculated Risk Blog - 9:54AM
Black Knight's First Look at March Mortgage Data: Delinquency rate lowest in 9 Years

Today's Comments

	MND NewsWire - 6:36PM "I guess anything is possible given enough money...which the consumer pays as always. That's progress!..."
	MND NewsWire - 6:15PM "Really? Says who? The wait times are as bad as they have ever been, especially now that it has been very busy. I would like to know where they get these stories from, maybe coming from the CFPB to make it look better??..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.75%

+0.02

15 Yr FRM

3.02%

+0.02

FHA 30 Year Fixed

3.35%

+0.05

Jumbo 30 Year Fixed

3.66%

+0.02

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

3.82%

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

3.59%

0.60

+0.01

15 Yr. Fixed

2.85%

0.50

-0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.81%

0.50

-0.03

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

102-01

-0-04

30YR FNMA 3.5

104-15

-0-02

30YR GNMA 3.0

103-00

-0-05

30YR GNMA 3.5

105-10

-0-01

15YR FNMA 3.0

104-09

-0-01

15YR FNMA 2.5

102-14

-0-01

Treasuries

Yield

Change

2 YR

0.8218%

+0.0119

5 YR

1.3567%

+0.0248

10 YR

1.8878%

+0.0250

30 YR

2.7070%

+0.0220

Prices as of: 4/22/2016 4:32PM 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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