Unraveling Complex Market Movement Mysteries; Rates Bounce Slightly Higher off Long-Term Lows; Housing Trouble Brewing?

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.00%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.83%
                                                                  
                                                                +0.1066

FNMA 30YR 3.5

                                                                105.06
                                                                  
                                                                -0.47

FNMA 15YR 2.5

                                                                104.59
                                                                  
                                                                -0.58

View Today's Rates

Friday January 16, 2015

MBS Commentary - 5:06PM

MBS RECAP: Unraveling the Complex Mysteries Behind Today's Market Movement

Bond markets sold off today because they rallied so hard earlier this week. That is all*. I mean, we could sit here and attempt to assign significance to every little market-moving ...

Mortgage Rate Watch - 5:18PM

Mortgage Rates Bounce Slightly Higher off Long-Term Lows

Mortgage rates pulled back to slightly higher levels today as broader markets underwent a correction from relatively frenzied movement over the past few days. Yesterday we discussed ...

MBS Commentary - 1:06PM

MBS MID-DAY: Seemingly Wild Ride for Bond Markets all Part of ECB QE Courtship

Global financial markets have been engaged to the idea of sovereign QE from the European Central Bank for nearly a year. After yesterday's Swiss surprise, they're just about married ...

Pipeline Press - 10:59AM

More on Student Debt & Millennial's Impact on Housing; Home Price Trends

Poor Baby Boomers. The industry is so fixated on waiting for the "trophy generation" Millennials to figure out what they want for housing (see updates a few paragraphs down) that no ...

Latest Video

Housing trouble brewing?

Huge amount of 10-year selling

Shrug off 30-year yield?

More News from 'Around the Web'

CNBC - 4:06PM
Small homes sell for big bucks in Palo Alto
Reuters - 3:34PM
N.Y. Post says Twitter feed 'has been hacked' following erratic Tweets
Reuters - 3:33PM
Fed's Bullard takes swipe at central bank's reaction ability
CNBC - 3:32PM
Market cools for $1M+ homes
Calculated Risk Blog - 2:25PM
Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in December
WSJ - 2:25PM
ECB's Knot Supports QE if National Banks Buy Country's Bonds
Bloomberg - 2:25PM
ECB Weighing QE Through National Central Banks, Spiegel Says - Bloomberg
Reuters - 12:41PM
ECB's Draghi meets Merkel ahead of crunch meeting
WSJ - 11:51AM
Fed Creating Community Advisory Council'
CNBC - 11:49AM
EU's Juncker: Greece won't leave euro
Calculated Risk Blog - 10:51AM
Preliminary January Consumer Sentiment increases to 98.2
CNBC - 9:26AM
Manufacturing output expands modestly
Reuters - 9:26AM
U.S. consumer prices post biggest drop in six years
Reuters - 9:23AM
Fed should not tighten policy in 2015, Kocherlakota says
Market Watch - 9:23AM
The Wall Street Journal: Major Greek lenders ask central bank for emergency cash
Bloomberg - 9:22AM
ECB Studying Fed, BOE to Gauge Bond-Buying Volume, Coeure Says - Bloomberg
Bloomberg - 9:21AM
REITs Emerge as Saviors for Misfit American Borrowers - Bloomberg
CNBC - 9:21AM
More banks targeted for mortgage securities fraud

Today's Comments

MBS Commentary - 1:27PM

"Awesome song reference! Made an excellent article even better. Thanks for delivering useful information and perspective in a memorable way. Keep up the excellent work. Cheers!..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

+0.03

15 Yr FRM

3.00%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.60%

+0.02

5/1 Yr ARM

3.22%

+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

3.66%

0.60

-0.07

15 Yr. Fixed

2.98%

0.50

-0.07

1 Yr. ARM

2.37%

0.40

-0.02

5/1 Yr. ARM

2.90%

0.40

-0.08

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

102.59

-0.64

30YR FNMA 3.5

105.06

-0.47

30YR GNMA 3.0

103.28

-0.73

30YR GNMA 3.5

105.22

-0.44

15YR FNMA 3.0

104.59

-0.58

15YR FNMA 2.5

102.75

-0.75

Treasuries

Yield

Change

2 YR

0.4876%

+0.0634

5 YR

1.2928%

+0.1058

10 YR

1.8274%

+0.1066

30 YR

2.4434%

+0.0750

Prices as of: 1/16/2015 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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