Daily Newsletter: Wednesday May 13, 2015

This website requires Javascrip to run properly.

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

                                                                4.04%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.27%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.29%
                                                                  
                                                                +0.0310

FNMA 30YR 3.5

                                                                103-23
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                104-07
                                                                  
                                                                -0-01

View Today's Rates

Wednesday May 13, 2015

Mortgage Rate Watch - 3:31PM

Mortgage Rates Set Another 2015 High

Mortgage rates can't catch a break . They're not much higher than yesterday, but yesterday was already the worst of 2015 . Actually, it's the broader bond market that can't catch a ...

MND NewsWire - 10:57AM

More Than Half of Sales Remain All-Cash in Some Markets

The influence of cash sales on the residential real estate market continued to decline in February with those sales accounting for 37.9 percent of total home sales. This is still a ...

MND NewsWire - 10:50AM

Purchase Applications Fare Better Amid Rising Rates

Rising interest rates took a toll on mortgage applications again during the week ended May 8. The Mortgage Bankers Association said that its Market Composite Index a measure of overall ...

Pipeline Press - 10:47AM

NAR Warns Realtors About TRID; Unabated Agency Changes - Who Can Keep Track?

In 1963 President John F. Kennedy designated May as Senior Citizens Month and then in 1980 President Jimmy Carter changed the name to Older Americans Month . The U.S. Census Bureau ...

Latest Video

Move takes on Zillow

Pay attention to bonds

Grasso: Yellen 'terrific' Fed leader

More News from 'Around the Web'

Reuters - 3:22PM
U.S. appeals court appears receptive to bond trader's fraud appeal
Washington Post - 3:14PM
Where it's cheaper to buy than rent
Market Watch - 1:40PM
Student debt won't keep millennials from buying cars and homes, study says
Bloomberg - 1:40PM
There's a Tourist Problem in $7.8 Trillion of U.S. Company Bonds
Bloomberg - 1:40PM
German Bonds Decline for Third Day as Supply Saturates Market
CNBC - 10:58AM
US crude inventories fall by 2.2 million barrels
CNBC - 10:58AM
April retail sales spell bad news for Q2 GDP
Reuters - 10:23AM
Greece taps IMF reserves to pay IMF debt: sources
Reuters - 10:20AM
Business inventories barely rise, suggest first quarter GDP contraction
CNBC - 10:19AM
Use your home to fund retirement plans
WSJ - 8:54AM
Survey: More Millennials Renting, But Just As Many Want To Own
Bloomberg - 8:51AM
Euro-Area Bond Selloff Abates as Sales Show Life in Market Yet
Reuters - 8:51AM
Retail sales unchanged in April on weak autos, furniture

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.04%

+0.02

15 Yr FRM

3.27%

+0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.85%

+0.02

5/1 Yr ARM

2.96%

-0.01

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

4.00%

0.36

+0.07

15 Yr. Fixed

3.23%

0.40

+0.04

30 Yr. Jumbo

3.99%

0.33

+0.08

30 Yr. FHA

3.76%

0.14

+0.06

5/1 ARM

3.00%

0.46

+0.13

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

100-09

-0-07

30YR FNMA 3.5

103-23

-0-05

30YR GNMA 3.0

101-19

-0-08

30YR GNMA 3.5

104-13

-0-09

15YR FNMA 3.0

104-07

-0-01

15YR FNMA 2.5

101-28

-0-01

Treasuries

Yield

Change

2 YR

0.5802%

-0.0199

5 YR

1.5638%

-0.0033

10 YR

2.2854%

+0.0310

30 YR

3.0722%

+0.0458

Prices as of: 5/13/2015 4:01PM 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