Mortgage Rates Keep Pushing 2015 Highs; Foreclosure Shift Increasingly Evident; How Much Pain in Store for Bonds?; Mortgage Credit Eases Slightly

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30 Year Fixed

                                                                4.02%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.26%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.25%
                                                                  
                                                                -0.0326

FNMA 30YR 3.5

                                                                103.86
                                                                  
                                                                -0.09

FNMA 15YR 2.5

                                                                104.23
                                                                  
                                                                +0.14

View Today's Rates

Tuesday May 12, 2015

Mortgage Rate Watch - 3:55PM

Mortgage Rates Keep Pushing 2015 Highs

Mortgage rates moved disconcertingly higher again today, despite the fact that underlying market levels actually improved during the day. Guaranteeing rates in such a volatile environment ...

MND NewsWire - 10:56AM

Foreclosure Shift Increasingly Evident

While the decline in foreclosure activity is still ragged on a month-to-month basis significant changes are increasingly evident year-over-year. CoreLogic said today that the number ...

MBS Commentary - 7:34AM

MBS Day Ahead: How Much Pain Ahead for Bonds? Let's Ask 2013

In some ways and in some instances , past precedent can have some sort of predictive value. 9 times out of 10 though, it's only the sort of thing that comes up with the benefit of hindsight ...

MND NewsWire - 10:50AM

203K, VA, and Jumbos Help Credit Availability in April

Incremental increases in credit access continued in April according to the Mortgage Bankers Association's Credit Availability Index (MCAI). The Index increased 0.5 percent month-over ...

Latest Video

Next move for bonds

Mortgage rates rising

Bond market rout

More News from 'Around the Web'

CNBC - 4:47PM
Why Treasury yields could be topping
Market Watch - 4:45PM
Capitol Report: Shelby bill douses hopes for Fannie, Freddie investors
Market Watch - 2:37PM
Fed's Williams wants rate hike a 'bit earlier'
Calculated Risk Blog - 2:27PM
NY Fed: Household Debt increased slightly in Q1 2015
Bloomberg - 2:27PM
Blackstone Joins U.S. Bond Surge With its First Ever Euro Sale
CNBC - 12:16PM
Time for the Fed to test the waters?
WSJ - 12:09PM
Bond Market Plunge Shows How Stability Can Breed Instability
CNBC - 10:30AM
Rising bond yields are giving traders a headache
WSJ - 10:28AM
U.S. Job Openings Slide As Hires, Separations Rise
WSJ - 9:01AM
Fed's Dudley: Markets Shouldn't Be Surprised When Fed Hikes Rates
CNBC - 8:53AM
How the Treasury selloff could turn 'chaotic'
Bloomberg - 8:53AM
German Bonds Still Green This Year Suggest Rout Not Yet Over
www.gallup.com - 8:51AM
U.S. Economic Confidence Index Rebounds to -5
www.cfpbmonitor.com - 8:51AM
CFPB issues compliance bulletin on unlawful discrimination based on receipt of mortgage assistance
www.cfpbmonitor.com - 8:51AM
CFPB files complaint against companies offering mortgage payment program

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.02%

+0.04

15 Yr FRM

3.26%

+0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.83%

+0.02

5/1 Yr ARM

2.97%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.38%

1.18

+0.05

30 Yr. Fixed

3.95%

1.30

+0.04

MBA **

30 Yr. Fixed

3.93%

0.35

+0.08

15 Yr. Fixed

3.19%

0.30

+0.05

30 Yr. Jumbo

3.91%

0.24

+0.09

30 Yr. FHA

3.70%

0.21

+0.04

5/1 ARM

2.87%

0.33

-0.01

Freddie Mac **

30 Yr. Fixed

3.80%

0.60

+0.12

15 Yr. Fixed

3.02%

0.60

+0.08

1 Yr. ARM

2.46%

0.40

-0.03

5/1 Yr. ARM

2.90%

0.40

+0.05

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

100.50

-0.06

30YR FNMA 3.5

103.86

-0.09

30YR GNMA 3.0

101.84

+0.08

30YR GNMA 3.5

104.67

+0.13

15YR FNMA 3.0

104.23

+0.14

15YR FNMA 2.5

101.89

+0.05

Treasuries

Yield

Change

2 YR

0.6001%

-0.0199

5 YR

1.5671%

-0.0345

10 YR

2.2544%

-0.0326

30 YR

3.0170%

-0.0343

Prices as of: 5/12/2015 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.

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