Daily Newsletter: Monday January 12, 2015

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.69%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.02%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.91%
                                                                  
                                                                -0.0432

FNMA 30YR 3.5

                                                                105-08
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                104-20
                                                                  
                                                                +0-03

View Today's Rates

Monday January 12, 2015

MND NewsWire - 11:02AM

Critical Update on FHA's New MIP Cancellation Procedures

The Federal Housing Administration (FHA) has issued a critical update related to last week's announcement of FHA premium changes. The update contains instructions for lenders wishing ...

Mortgage Rate Watch - 4:06PM

Mortgage Rates Even Closer to Long-Term Lows

Mortgage rates fell modestly again today, bringing them as close to last Tuesday's 19-month lows as they've been, on average. Some lenders are already there, and the other lenders are ...

Pipeline Press - 10:28AM

Settlements and Super Lien News; Not Everyone is Raving About FHA Changes

Not everyone is wild about the FHFA (which oversees Freddie & Fannie) joining the Federal Home Loan Bank System. Last week the MBA submitted its comments to the Federal Housing ...

MBS Commentary - 12:26PM

MBS MID-DAY: Bond Markets Holding Modest Gains, Fueled by Weakness Elsewhere

Stocks, oil, Euros, and other assets that bespeak growth and risk are weaker today while bond markets are stronger. The opposite was initially the case overnight (except in the case ...

Latest Video

Rate hike expectations

If ECB begins QE ...

Santelli Exchange: Bull-bear pivot points

More News from 'Around the Web'

CNBC - 4:36PM
Alcoa beats on earnings, revenue
Reuters - 3:31PM
Cutting 'patient' from Fed guidance should signal hike near: Lacker
CNBC - 3:24PM
Why traders are shorting homebuilders
Bloomberg - 2:45PM
Treasuries Extend Gains After U.S. $24 Billion Three-Year Sale - Bloomberg
Google News - 2:43PM
Obtaining a mortgage loan: How do we know if it's too hard, too easy, or just about right?
The Big Picture - 12:30PM
Bill Gross: "I was Fired From Pimco"
Calculated Risk Blog - 11:47AM
FNC: Residential Property Values increased 5.2% year-over-year in November
www.corker.senate.gov - 11:47AM
Corker and Vitter Call on Administration to Protect Taxpayers and Reconsider Recent FHA Decision
CNBC - 10:15AM
Fed unimpressed with jobs numbers
Washington Post - 10:15AM
Encouraging signs for D.C. region's housing market
Market Watch - 9:10AM
Banks prepare plans for Greek eurozone exit
CNBC - 9:09AM
ECB plans QE according to paid in capital: Source
CNBC - 9:08AM
US manufacturing rebound a 'myth'?
Calculated Risk Blog - 8:51AM
Black Knight Mortgage Monitor: Delinquencies "Spike" in November

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

-0.02

15 Yr FRM

3.02%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.62%

-0.02

5/1 Yr ARM

3.23%

-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

3.73%

0.60

-0.14

15 Yr. Fixed

3.05%

0.50

-0.10

1 Yr. ARM

2.39%

0.40

-0.01

5/1 Yr. ARM

2.98%

0.50

-0.03

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

102-19

+0-05

30YR FNMA 3.5

105-08

+0-04

30YR GNMA 3.0

103-12

+0-04

30YR GNMA 3.5

105-13

-0-04

15YR FNMA 3.0

104-20

+0-03

15YR FNMA 2.5

102-25

+0-05

Treasuries

Yield

Change

2 YR

0.5529%

-0.0161

5 YR

1.3848%

-0.0440

10 YR

1.9121%

-0.0432

30 YR

2.5000%

-0.0380

Prices as of: 1/12/2015 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe