Daily Newsletter: Tuesday December 2, 2014

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30 Year Fixed

                                                                3.91%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.12%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.29%
                                                                  
                                                                +0.0582

FNMA 30YR 3.5

                                                                103-27
                                                                  
                                                                -0-07

FNMA 15YR 2.5

                                                                103-29
                                                                  
                                                                -0-06

View Today's Rates

Tuesday December 2, 2014

Mortgage Rate Watch - 4:07PM

Mortgage Rates Snap 7-Day Streak; More Volatility Ahead

Mortgage rates finally ended a 7-day winning streak today, moving higher for the first time since November 19th. The losses were not insignificant either, erasing the past 4 days of ...

MND NewsWire - 12:28PM

Private Construction Little-Changed Near 6-Year Highs

Total construction expenditures nationwide in October are estimated to have been at a seasonally adjusted annual rate of $971.0 billion. The Census Bureau said that this represented ...

MND NewsWire - 10:37AM

Nine States now at Record Home Price Levels

Half of the nation's states and the District of Columbia are now at or within 10 percent of the peak reached before the housing crisis brought home prices crashing down. In addition ...

MBS Commentary - 12:53PM

MBS MID-DAY: Another Day, Another Smackdown From Corporate Debt Issuance

The easiest way to facilitate a mid-day update today will be to simply copy and paste a morning update from MBS Live . Before I do that, and because I know the following content isn ...

Latest Video

Pro: Housing buying opportunities

Futures Now: Yields move higher

October construction spending up 1.1%

More News from 'Around the Web'

WSJ - 5:13PM
Another Look at the Drop in Discretionary Spending
Bloomberg - 5:13PM
Fed Officials Stress Data Over Dates as Rate Rise Case Builds - Bloomberg
Fannie Mae - 5:12PM
News Release - Fannie Mae's Multifamily Mortgage Business ...
CNN - 3:56PM
Your tax breaks in limbo as Washington quarrels
CNN - 3:53PM
Hiring should pick up in 2015
CNBC - 2:46PM
HFT paper stirs up Wall Street
Reuters - 12:40PM
Investors most bullish on Treasuries since April: J.P. Morgan
WSJ - 12:33PM
Fed's Brainard Sees Need to Tailor Regulations to Size of Institution
Bloomberg - 12:06PM
Fischer Says Fed Nearing End of 'Considerable Time' Rate Pledge - Bloomberg
Reuters - 10:19AM
U.S. construction spending posts biggest gain in five months
Market Watch - 8:48AM
27 states on track to hit or pass bubble-era home-price peaks soon
Bloomberg - 8:47AM
German Bonds Drop With France's as Investors Await ECB Meeting - Bloomberg
www.gallup.com - 8:45AM
U.S. Economic Confidence Index at 17-Month High

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.91%

+0.04

15 Yr FRM

3.12%

+0.02

FHA 30 Year Fixed

3.35%

+0.10

Jumbo 30 Year Fixed

3.75%

+0.05

5/1 Yr ARM

3.22%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.18%

0.24

-0.01

15 Yr. Fixed

3.38%

0.27

+0.00

30 Yr. Jumbo

4.10%

0.16

-0.03

30 Yr. FHA

3.85%

0.18

-0.05

5/1 ARM

3.09%

0.34

+0.04

Freddie Mac **

30 Yr. Fixed

3.97%

0.50

-0.02

15 Yr. Fixed

3.17%

0.50

+0.00

1 Yr. ARM

2.44%

0.40

+0.00

5/1 Yr. ARM

3.01%

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

100-18

-0-10

30YR FNMA 3.5

103-27

-0-07

30YR GNMA 3.0

102-02

-0-10

30YR GNMA 3.5

104-20

-0-05

15YR FNMA 3.0

103-29

-0-06

15YR FNMA 2.5

101-22

-0-08

Treasuries

Yield

Change

2 YR

0.5395%

+0.0356

5 YR

1.5948%

+0.0589

10 YR

2.2941%

+0.0582

30 YR

3.0127%

+0.0491

Prices as of: 12/2/2014 4:30PM 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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