Daily Newsletter: Wednesday January 21, 2015

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%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.05%
                                                                  
                                                                +0.04

10YR Treasury

                                                                1.87%
                                                                  
                                                                +0.0769

FNMA 30YR 3.5

                                                                104-29
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                104-18
                                                                  
                                                                -0-03

View Today's Rates

Wednesday January 21, 2015

Mortgage Rate Watch - 5:28PM

Rates Consolidate as Markets Prepare for Big News

Mortgage rates moved moderately higher on average today. Recently high volatility in financial markets continues driving stratified pricing strategies. That's a long way of saying that ...

MBS Commentary - 1:33PM

MBS MID-DAY: Snowball Selling After Busy Morning of Unexpected Headlines

Unexpected headlines have given markets plenty to digest this morning. German bond markets began pushing yields higher right from the start of the overnight session. That was offset ...

MND NewsWire - 10:40AM

Residential Construction Tepid in December but Gained Ground in 2014

December's numbers for residential construction were mixed when compared to November, but all were better than the monthly figures the previous December. Year-end figures, also released ...

MND NewsWire - 9:18AM

Rates Continue to Stoke Refinancing Surge

Applications for mortgage refinancing scored a second straight week of solid growth during the period ended January 16, with the Mortgage Bankers Associations (MBA) Refinance Index ...

Latest Video

Santelli: US yields more dramatically dropping

Sri-Kumar's next 10-year target

Quantitative teasing: Trading the ECB

More News from 'Around the Web'

WSJ - 4:22PM
Panelists Predict Multifamily Construction Will Begin to Level Off
CNBC - 4:22PM
US 10-year yield going down to 1.5%: Analyst
Washington Post - 4:21PM
Can getting sick push you into foreclosure?
NAHB - 2:45PM
55+ Housing Market One of the Most Robust Segments of the Market in 2014, Experts Say
Reuters - 1:35PM
Jobs growth seen in U.S. cities in 2015; still lagging pre-recession
Calculated Risk Blog - 1:34PM
Comments on December Housing Starts
Boston Fed - 12:22PM
House Price Growth When Children are Teenagers: A Path to Higher Earnings?
WSJ - 12:21PM
Economists Differ on Impact of Falling Oil Prices on Housing
Bloomberg - 11:44AM
Mortgage-Bond Spreads Widen to Three-Month High on Refinancing - Bloomberg
Bloomberg - 11:44AM
ECB Bond Purchases Could Spark Price Bubbles, Germany's BdB Says - Bloomberg
CNBC - 11:44AM
Markets await ECB decision, expect big bazooka
Bloomberg - 10:18AM
ECB Said to Propose QE of 50 Billion Euros a Month Through 2016 - Bloomberg
Google News - 10:16AM
Four impacts of the Federal Housing Administration's premium cut
SEC - 9:29AM
SEC Announces Charges Against Standard & Poor's for Fraudulent Ratings Misconduct
WSJ - 8:44AM
Builders' New Power Play: Net-Zero Homes
CNBC - 8:42AM
Mortgage applications rise on refinancing surge
WSJ - 8:41AM
Multifamily Sector Holds Onto Its Allure in 2014
CNBC - 8:40AM
US single-family starts hit 6-1/2-year high in Dec

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

+0.04

15 Yr FRM

3.05%

+0.04

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.65%

+0.03

5/1 Yr ARM

3.25%

+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

102-12

-0-08

30YR FNMA 3.5

104-29

-0-05

30YR GNMA 3.0

102-26

-0-06

30YR GNMA 3.5

104-31

-0-04

15YR FNMA 3.0

104-18

-0-03

15YR FNMA 2.5

102-23

-0-03

Treasuries

Yield

Change

2 YR

0.5114%

+0.0119

5 YR

1.3494%

+0.0633

10 YR

1.8683%

+0.0769

30 YR

2.4572%

+0.0815

Prices as of: 1/21/2015 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.

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