Daily Newsletter: Wednesday January 14, 2015

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30 Year Fixed

                                                                3.62%
                                                                  
                                                                -0.06

15 Year Fixed

                                                                2.99%
                                                                  
                                                                -0.03

10YR Treasury

                                                                1.85%
                                                                  
                                                                -0.0498

FNMA 30YR 3.5

                                                                105-07
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                104-26
                                                                  
                                                                +0-02

View Today's Rates

Wednesday January 14, 2015

Mortgage Rate Watch - 4:06PM

Mortgage Rates Back to 3.5% for Some.

If you have a truly ideal credit profile and loan scenario, a few of the more aggressive lenders are quoting conforming, 30yr fixed mortgage rates at 3.5% today. Almost all other lenders ...

MND NewsWire - 9:39AM

Mortgage Application Volume Explodes into New Year

The first week of the New Year was a good one - no make that a great one - for mortgage activity with virtually unprecedented increases in mortgage applications both for purchase and ...

MND NewsWire - 10:46AM

CoreLogic: Foreclosure Inventory Heading Below Half Million

Foreclosures, while now down 64 percent from the peak reached in September 2010, are still nearly double the monthly average before the housing crisis. CoreLogic said today that there ...

MBS Commentary - 12:47PM

MBS MID-DAY: Very Simple, Very Awesome Day for Bond Markets So Far

It's a very simple, very awesome day so far for bond markets. The European Court of Justice news was great for peripheral nations (Italy, Spain, Portugal, Ireland, Greece), but still ...

Latest Video

Santelli Exchange: Real fundamentals

Mortgage apps spike 49% last week

December retail sales down 0.9%

More News from 'Around the Web'

Reuters - 4:52PM
Exclusive: JPMorgan presses its managers to cut costs - source
Bloomberg - 4:50PM
Blackstone Said to Market First Rental-Home Securities of 2015 - Bloomberg
Calculated Risk Blog - 4:50PM
DataQuick: Southern California December Home Sales up 4% Year-over-year
NAR - 3:40PM
Part 1: EHS in 2014 by the Numbers Popular Closing Dates
NAR - 3:40PM
EHS in 2014 by the Numbers Part 2 Least Common Closing Dates
Calculated Risk Blog - 2:46PM
Fed's Beige Book: Economic Activity Expanded at "modest" or "moderate" Pace
rss.nytimes.com - 2:45PM
Devil May Be in the Details on European Central Bank Bond Buying
Market Watch - 2:45PM
It's time to take bonds seriously
Calculated Risk Blog - 2:06PM
Sacramento Housing in December: Total Sales up 1.5% Year-over-year, First YoY increase since Oct 2012
Market Watch - 2:06PM
Deep Dive: Here's why Wells Fargo will continue to outperform J.P. Morgan
CNBC - 1:18PM
House moves to ease Dodd-Frank rules
Bloomberg - 11:19AM
Bond Market's Biggest Bull Says 30-Year Gains Far From Over - Bloomberg
Bloomberg - 11:18AM
Fannie and Freddie Directed to Aid Underserved Borrowers in 2015 - Bloomberg
CNBC - 10:25AM
Investors confused about Fed: Trader
WSJ - 10:25AM
5 Takeaways From the ECJ's Thumbs-Up for Whatever It Takes'
Bloomberg - 8:46AM
Retail Sales in U.S. Slumped in Broad-Based December Retreat - Bloomberg
www.ecb.europa.eu - 8:43AM
Press release Comments by Yves Mersch, Member of the Executive Board, on the legal opinion of the Advocate General of the European Court of Justice in the OMT case
WSJ - 8:43AM
Grand Central: Court Decision Paves Way for ECB Bond Buys
CNBC - 8:38AM
Mortgage applications post biggest gain in six years
CNBC - 8:37AM
Foreclosures down but leveling off

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.62%

-0.06

15 Yr FRM

2.99%

-0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

-0.02

5/1 Yr ARM

3.21%

-0.02

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

102-24

+0-08

30YR FNMA 3.5

105-07

+0-05

30YR GNMA 3.0

103-28

+0-14

30YR GNMA 3.5

105-19

+0-05

15YR FNMA 3.0

104-26

+0-02

15YR FNMA 2.5

103-02

+0-05

Treasuries

Yield

Change

2 YR

0.5006%

-0.0362

5 YR

1.3212%

-0.0488

10 YR

1.8536%

-0.0498

30 YR

2.4630%

-0.0397

Prices as of: 1/14/2015 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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