Daily Newsletter: Friday June 24, 2016

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30 Year Fixed

                                                                3.49%
                                                                  
                                                                -0.11

15 Year Fixed

                                                                2.78%
                                                                  
                                                                -0.12

10YR Treasury

                                                                1.57%
                                                                  
                                                                -0.1722

FNMA 30YR 3.5

                                                                105-07
                                                                  
                                                                +0-14

FNMA 15YR 2.5

                                                                104-23
                                                                  
                                                                +0-13

View Today's Rates

Friday June 24, 2016

Mortgage Rate Watch - 1:04PM

Single Best Day For Mortgage Rates in More Than a Year

Mortgage rates plummeted today following the surprise victory of the referendum for the U.K. leaving the European Union (aka "Brexit"). This joins the ranks as one of the few days in ...

MND NewsWire - 11:24AM

CFPB Targets Servicer Technology in Updated Exam Procedures

After two years of supervision and examinations of mortgage servicers by the Consumer Financial Protection Bureau (CFPB) the agency has criticized the industry's level of compliance ...

Pipeline Press - 11:17AM

NY Servicers Dealt Blow; Ocwen's $30 Million Settlement; Brexit: Renegotiations and Margin Calls?

At Happy Hour tonight, besides talking about refis, you can throw this one out: the number of homes worth $1 million has doubled in the last 4 years . Of course 2012 was pretty much ...

MBS Commentary - 9:25AM

MBS Day Ahead: Brave New World, Part 2: Brexit Milestone

For a variety of reasons and for more than a year, the MBS Live community and I have periodically revisited the general topic of a "brave new world." This is a world where the biggest ...

Latest Video

Greenspan: Brexit 'tip of the iceberg'

History will show Brexit outcome 'colossal' mistake: Expert

Mortgage rates lower

More News from 'Around the Web'

Bloomberg - 4:14PM
Yellen's Fed to Play Long Game Dealing With Brexit Fallout
CNBC - 1:45PM
Trader asks: How could I have misjudged UK mood?
Market Watch - 1:43PM
Post Brexit, odds are up for Fed interest-rate cut
eyeonhousing.org - 1:42PM
Residential Building Construction Wages are on the Rise
CNBC - 12:02PM
Brexit aftermath: Where do markets go from here?
CNBC - 10:41AM
Consumer sentiment dims in June
Market Watch - 10:40AM
Bill Gross expects "mini revolt"; bond yields not likely to fall further
Reuters - 10:40AM
Wall St. plunges at the open after shock Brexit vote
CNBC - 9:31AM
Fed may be forced to reverse course
Reuters - 9:29AM
Weak U.S. core capital goods orders point to subdued business spending
www.builderonline.com - 9:28AM
Where Incomes are Seeing a Boost
Federal Reserve - 9:28AM
Federal Reserve is carefully monitoring developments in global financial markets
Reuters - 9:27AM
Dozens of homes burned in new California wildfire
Reuters - 9:27AM
Brexit shock triggers race to salvage EU
Reuters - 7:48AM
Britain just voted out of the EU ... What's that mean for America?

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.49%

-0.11

15 Yr FRM

2.78%

-0.12

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.57%

-0.05

5/1 Yr ARM

2.92%

-0.06

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

3.56%

0.60

+0.02

15 Yr. Fixed

2.83%

0.50

+0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.74%

0.50

+0.00

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

103-09

+0-21

30YR FNMA 3.5

105-07

+0-14

30YR GNMA 3.0

104-02

+0-20

30YR GNMA 3.5

105-30

+0-11

15YR FNMA 3.0

104-23

+0-13

15YR FNMA 2.5

103-06

+0-22

Treasuries

Yield

Change

2 YR

0.6407%

-0.1342

5 YR

1.0799%

-0.1680

10 YR

1.5667%

-0.1722

30 YR

2.4130%

-0.1380

Prices as of: 6/24/2016 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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