Daily Newsletter: Wednesday May 25, 2016

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30 Year Fixed

                                                                3.74%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.99%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.87%
                                                                  
                                                                +0.0105

FNMA 30YR 3.5

                                                                104-14
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-04
                                                                  
                                                                +0-01

View Today's Rates

Wednesday May 25, 2016

Mortgage Rate Watch - 4:12PM

Mortgage Rates Remain Under Pressure, Near Recent Highs

Mortgage rates didn't move much today, depending on the lender. Most of the movement seen was toward slightly higher levels. The bond markets that underly mortgage rates remain under ...

MND NewsWire - 9:20AM

2-4 Unit Properties Could Ease Affordable Housing Problem

The Urban Institute says one solution to the nation's high rental costs is an old one, but financing may be making it unnecessarily inaccessible. Laurie Goodman, writing in the Institutes ...

Pipeline Press - 9:11AM

Section 342 & OMWI - Why Lenders Should Be Aware of it; LO Survey

It is hard to trace what happens to the fines levied against company by various regulators seeking to make a name for themselves. But one agency is a little more transparent than others ...

MND NewsWire - 7:58AM

Purchase Loan Volume up, Loan Size at Record High

Mortgage applications increased last week driven by a significant uptick in applications for purchase mortgages. Refinance volume rose only fractionally. Overall, applications for mortgages ...

Latest Video

What's changed for the Fed?

Markets ready for June rate hike?

US 10-year gains on German bund

More News from 'Around the Web'

Bloomberg - 4:21PM
Wells Fargo Pays $70 Million for Failures in Foreclosure Accord
freddiemac.mwnewsroom.com - 4:21PM
Freddie Mac Completes First Credit Risk Transaction With 15-Year Mortgages
eyeonhousing.org - 1:45PM
Mortgage Debt Outstanding Expands On Growing Originations
eyeonhousing.org - 1:45PM
NAHB Releases Remodeling by Zip Code Estimates for 2016
Calculated Risk Blog - 1:45PM
Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in April
SIFMA - 12:01PM
SIFMA Publishes Quarterly Research Report for 1Q 2016
Bloomberg - 12:00PM
How Fed Rate Hike Messaging Impacts the Economy
Calculated Risk Blog - 10:19AM
FHFA: House Prices increased 0.7% in March, New Zip Code HPI Data
OCC - 10:19AM
OCC Terminates Mortgage Servicing-Related Consent Order Against Wells Fargo Bank, Issues $70 Million Civil Money Penalty
Bloomberg - 10:19AM
Can the Fed Control the US Yield Curve?
freddiemac.mwnewsroom.com - 10:19AM
More U.S. Housing Markets Improving
eyeonhousing.org - 10:19AM
Over 20% of Home Builders Have Already Used Aerial Drones
CNBC - 8:05AM
Fed just amassing ammo for next recession with summer hike: Forester

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.74%

+0.02

15 Yr FRM

2.99%

+0.00

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.74%

+0.01

5/1 Yr ARM

3.00%

-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

3.58%

0.60

+0.01

15 Yr. Fixed

2.81%

0.50

+0.00

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.80%

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

102-02

-0-04

30YR FNMA 3.5

104-14

-0-02

30YR GNMA 3.0

103-02

-0-02

30YR GNMA 3.5

105-12

-0-01

15YR FNMA 3.0

104-04

+0-01

15YR FNMA 2.5

102-11

-0-00

Treasuries

Yield

Change

2 YR

0.9264%

+0.0129

5 YR

1.4095%

+0.0050

10 YR

1.8734%

+0.0105

30 YR

2.6688%

+0.0232

Prices as of: 5/25/2016 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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