Daily Newsletter: Thursday May 12, 2016

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.92%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.75%
                                                                  
                                                                +0.0167

FNMA 30YR 3.5

                                                                104-26
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                104-20
                                                                  
                                                                -0-01

View Today's Rates

Thursday May 12, 2016

Mortgage Rate Watch - 4:48PM

Mortgage Rates Continue Rising From 3-Year Lows

Mortgage rates moved higher again today, rising to the highest levels since last Thursday. That fact is contrary to the most of the mortgage-rate-related headlines out today, so what ...

MND NewsWire - 10:50AM

TRID a Bigger Burden on Smaller Lenders

Fannie Mae continues to dribble out findings from its Q1 Mortgage Lender Sentiment Survey®. The latest installment is an entry on the company's FM Commentary blog on its survey ...

Pipeline Press - 9:57AM

The Market for Servicing: Who is Buying What From Whom May Be a Surprise

Lenders can make, and lose, plenty of money on a) income from servicing, and b) changes in value of that servicing. Of course all the news about servicing rights write-downs are roiling ...

MBS Commentary - 8:50AM

MBS Day Ahead: Bonds Square Off With 2016's Technical Nemesis

1.72 has been more of a roadblock than any other level for 10yr yields We're currently at risk of bouncing there Today's data may not help, but post-auction could be interesting What ...

Latest Video

George: Current rate level too low for today's economy

Rosengren on markets, rates

Santelli Exchange: Debt overhangs

More News from 'Around the Web'

Calculated Risk Blog - 4:06PM
MBA: "Foreclosures Continue to Decrease, Delinquencies Flat" in Q1
CNBC - 4:06PM
Retail slump won't hurt these REITs: Pro
www.realtor.com - 2:01PM
Private Lenders Remodel the Mortgage Market
eyeonhousing.org - 2:01PM
14 Million Households "Priced Out" by Government Regulation
Calculated Risk Blog - 2:01PM
Hotels: Occupancy Rate Tracking just behind Record Year
Bloomberg - 10:17AM
Fed Faces 2015 Deja Vu as Markets Discount Rate-Increase Chances
eyeonhousing.org - 10:16AM
Housing Affordability Posts Second Straight Quarterly Gain
freddiemac.mwnewsroom.com - 10:16AM
Mortgage Rates Reach New 2016 Lows; 30-Year at 3-Year Low
CNBC - 8:50AM
US import prices rise in April
Reuters - 8:50AM
Fed to delay rate hike until September on tame inflation outlook: poll
Reuters - 8:49AM
U.S. jobless claims rise to more than one-year high
Calculated Risk Blog - 7:57AM
Two Years Ago: Housing Doom and Gloom

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

+0.02

15 Yr FRM

2.92%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.62%

+0.02

5/1 Yr ARM

3.04%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.37%

1.26

-0.14

30 Yr. Fixed

3.95%

1.30

-0.16

MBA **

30 Yr. Fixed

3.82%

0.34

-0.05

15 Yr. Fixed

3.06%

0.33

-0.07

30 Yr. Jumbo

3.74%

0.31

-0.05

30 Yr. FHA

3.64%

0.25

-0.05

5/1 ARM

2.93%

0.22

+0.02

Freddie Mac **

30 Yr. Fixed

3.57%

0.50

-0.04

15 Yr. Fixed

2.81%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.78%

0.50

-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

-0-02

30YR FNMA 3.5

104-26

-0-03

30YR GNMA 3.0

103-17

-0-06

30YR GNMA 3.5

105-18

-0-06

15YR FNMA 3.0

104-20

-0-01

15YR FNMA 2.5

103-03

0-00

Treasuries

Yield

Change

2 YR

0.7580%

+0.0241

5 YR

1.2366%

+0.0355

10 YR

1.7499%

+0.0167

30 YR

2.5999%

+0.0237

Prices as of: 5/12/2016 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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