Daily Newsletter: Monday February 2, 2015

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30 Year Fixed

                                                                3.57%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.97%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.67%
                                                                  
                                                                +0.0268

FNMA 30YR 3.5

                                                                105-21
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                105-02
                                                                  
                                                                -0-03

View Today's Rates

Monday February 2, 2015

MND NewsWire - 3:09PM

Higher Home Prices Suggest Foreclosure Over Short-Sales

Rising home prices have been a boon to many homeowners but may not bode as well for those who are facing foreclosure. Black Knight Financial Services' Mortgage Monitor this month takes ...

Mortgage Rate Watch - 4:26PM

Mortgage Rates Mostly Hold on to Friday's Big Gains

Mortgage rates were just slightly higher today, but generally did a good job of holding on to recent gains. For perspective, last Friday was the only day in the past 21 months with ...

MND NewsWire - 12:48PM

December saw Small Gains for Residential Construction Spending

December expenditures for construction posted a small gain in December, rising a scant 0.4 percent over November figures. The Census Bureau said today that spending on both public and ...

MBS Commentary - 7:23AM

MBS Week Ahead: Assessing Global Growth Concerns with Ample Data at Home and Abroad

Another week, another chance for markets to express their feelings about European QE, Greek theater, and 'global growth concerns.' So far, these things have been nothing but great for ...

Latest Video

Santelli: Rates creep higher

Santelli: Rates a whole lot lower

Sad, not surprising: People don't know their mortgage rate

More News from 'Around the Web'

Bloomberg - 4:48PM
Mortgage Bonds Underperform Most Since 2008 on Refinancing Risk - Bloomberg
WSJ - 3:37PM
Banks See Stable Lending Landscape, But Some Auto Loans Signal Trouble
WSJ - 2:00PM
Now's the Time for Infrastructure Spending, White House Says
www.cfpbmonitor.com - 2:00PM
CFPB seeks information from industry on student loan modification options and issues guidance on private student loans with graduated repayment terms
CNBC - 2:00PM
Third of mortgage holders don't know their rate
Bloomberg - 12:15PM
Obama Budget Projects $191 Billion Profit From Fannie, Freddie - Bloomberg
CNBC - 10:24AM
Manufacturing sector growth slows in January
WSJ - 9:57AM
Yellen Prepared to Fight A Revived âAudit the Fedâ Movement
CNN - 9:56AM
Julián Castro: Obama's housing chief wants to talk about the middle class, not politics
Reuters - 8:50AM
U.S. consumer spending weakest since 2009, inflation muted
Reuters - 8:50AM
U.S. real estate ETF rally faces test with rate rise
www.wsj.com - 8:44AM
The Case for U.S. Agency Mortgage-Backed Bonds
Bloomberg - 8:40AM
ECB Bond-Buying Plan Has Investors Questioning How It All Works - Bloomberg
Calculated Risk Blog - 8:38AM
Black Knight Mortgage Monitor

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

+0.02

15 Yr FRM

2.97%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

+0.01

5/1 Yr ARM

3.10%

-0.03

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

3.80%

0.29

-0.09

15 Yr. Fixed

3.10%

0.29

-0.06

30 Yr. Jumbo

3.86%

0.23

-0.02

30 Yr. FHA

3.66%

0.15

-0.05

5/1 ARM

2.87%

0.41

-0.07

Freddie Mac **

30 Yr. Fixed

3.66%

0.60

+0.03

15 Yr. Fixed

2.98%

0.50

+0.05

1 Yr. ARM

2.38%

0.40

+0.01

5/1 Yr. ARM

2.86%

0.40

+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

103-12

-0-03

30YR FNMA 3.5

105-21

-0-02

30YR GNMA 3.0

103-22

-0-03

30YR GNMA 3.5

105-25

-0-02

15YR FNMA 3.0

105-02

-0-03

15YR FNMA 2.5

103-11

-0-04

Treasuries

Yield

Change

2 YR

0.4645%

+0.0078

5 YR

1.1869%

+0.0273

10 YR

1.6726%

+0.0268

30 YR

2.2536%

+0.0262

Prices as of: 2/2/2015 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.

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