Daily Newsletter: Monday May 16, 2016

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30 Year Fixed

                                                                3.62%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.92%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.75%
                                                                  
                                                                +0.0515

FNMA 30YR 3.5

                                                                104-24
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                104-19
                                                                  
                                                                -0-02

View Today's Rates

Monday May 16, 2016

MND NewsWire - 5:22PM

Stevens: MBA will Continue Fighting the Good Fight

Despite a mortgage lending environment that is both the most conservative and safest we have ever seen, David H. Stevens. President and CEO of the Mortgage Bankers Association (MBA ...

MND NewsWire - 10:38AM

Builder Confidence Unchanged - Again

The index that measures builder confidence in the new home market was unchanged in May for the fourth straight month the National Association of Home Builders (NAHB) said on Monday ...

Mortgage Rate Watch - 4:53PM

Mortgage Rates Surprisingly Steady Despite Market Volatility

Mortgage rates held surprisingly steady today, even though underlying bond markets were in noticeably weaker territory. As bonds weaken, rates normally move higher, but there's been ...

Pipeline Press - 9:22AM

Another DOJ/False Claims Settlement; Conventional Conforming Program Changes

The European Central Bank has been collecting data on cyber-instances at 18 major banks as part of a pilot program that will be expanded to other lenders. The initiative is intended ...

MND NewsWire - 5:22PM

Stevens: MBA will Continue Fighting the Good Fight

Despite a mortgage lending environment that is both the most conservative and safest we have ever seen, David H. Stevens. President and CEO of the Mortgage Bankers Association (MBA ...

MND NewsWire - 10:38AM

Builder Confidence Unchanged - Again

The index that measures builder confidence in the new home market was unchanged in May for the fourth straight month the National Association of Home Builders (NAHB) said on Monday ...

Mortgage Rate Watch - 4:53PM

Mortgage Rates Surprisingly Steady Despite Market Volatility

Mortgage rates held surprisingly steady today, even though underlying bond markets were in noticeably weaker territory. As bonds weaken, rates normally move higher, but there's been ...

Pipeline Press - 9:22AM

Another DOJ/False Claims Settlement; Conventional Conforming Program Changes

The European Central Bank has been collecting data on cyber-instances at 18 major banks as part of a pilot program that will be expanded to other lenders. The initiative is intended ...

Latest Video

Santelli: Wild card of all

Santelli Exchange: Less fear, more questions?

Builder confidence flat

More News from 'Around the Web'

CNBC - 5:06PM
This key recession signal is broken
www.gallup.com - 3:06PM
Economy Continues to Rank as Top U.S. Problem
CNBC - 3:05PM
'Audit the Fed' taking a step forward
freddiemac.mwnewsroom.com - 12:55PM
Freddie Mac Adds New Multifamily Credit Risk Transfer Capability
Bloomberg - 12:55PM
Trump or Clinton: Who's Better for Real Estate?
www.cfpbmonitor.com - 12:54PM
House to hold May 18 hearing on CFPB's proposed arbitration rule
Bloomberg - 12:54PM
Home Depot Rides Wave of Americans Remodeling Their Homes: Chart
Calculated Risk Blog - 10:37AM
NAHB: Builder Confidence unchanged at 58 in May
www.collateralvision.com - 10:37AM
Starter Home Prices Are Rising Faster in the Housing Crunch
www.freddiemac.mwnewsroom.com - 9:55AM
New Freddie Mac Apartment Index Helps Determine if It's a Good Time to Invest
CNBC - 9:12AM
Fed may surprise in June: Strategists
CNBC - 9:12AM
NY manufacturing goes negative in May
Bloomberg - 7:54AM
BlackRock Bearish on Treasuries as Market Goes 'Too Far' on Fed
CNBC - 5:06PM
This key recession signal is broken
www.gallup.com - 3:06PM
Economy Continues to Rank as Top U.S. Problem
CNBC - 3:05PM
'Audit the Fed' taking a step forward
freddiemac.mwnewsroom.com - 12:55PM
Freddie Mac Adds New Multifamily Credit Risk Transfer Capability
Bloomberg - 12:55PM
Trump or Clinton: Who's Better for Real Estate?
www.cfpbmonitor.com - 12:54PM
House to hold May 18 hearing on CFPB's proposed arbitration rule
Bloomberg - 12:54PM
Home Depot Rides Wave of Americans Remodeling Their Homes: Chart
Calculated Risk Blog - 10:37AM
NAHB: Builder Confidence unchanged at 58 in May
www.collateralvision.com - 10:37AM
Starter Home Prices Are Rising Faster in the Housing Crunch
www.freddiemac.mwnewsroom.com - 9:55AM
New Freddie Mac Apartment Index Helps Determine if It's a Good Time to Invest
CNBC - 9:12AM
Fed may surprise in June: Strategists
CNBC - 9:12AM
NY manufacturing goes negative in May
Bloomberg - 7:54AM
BlackRock Bearish on Treasuries as Market Goes 'Too Far' on Fed

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.62%

+0.00

15 Yr FRM

2.92%

+0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.63%

+0.02

5/1 Yr ARM

3.01%

-0.01

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

102-18

-0-07

30YR FNMA 3.5

104-24

-0-05

30YR GNMA 3.0

103-23

+0-00

30YR GNMA 3.5

105-18

-0-07

15YR FNMA 3.0

104-19

-0-02

15YR FNMA 2.5

103-03

-0-02

Treasuries

Yield

Change

2 YR

0.7863%

+0.0363

5 YR

1.2607%

+0.0519

10 YR

1.7533%

+0.0515

30 YR

2.5949%

+0.0448

Prices as of: 5/16/2016 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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