Daily Newsletter: Monday May 18, 2015

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30 Year Fixed

                                                                3.97%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.23%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.24%
                                                                  
                                                                +0.0896

FNMA 30YR 3.5

                                                                104-01
                                                                  
                                                                -0-12

FNMA 15YR 2.5

                                                                104-08
                                                                  
                                                                -0-07

View Today's Rates

Monday May 18, 2015

Mortgage Rate Watch - 4:34PM

Mortgage Rates Begin Another Week Moving Higher

Mortgage rates moved higher out of the gate for a second straight week, though today's jump was smaller than last Monday's. The most prevalent conventional 30yr fixed quote remains ...

MND NewsWire - 5:01PM

MBA's Stevens calls for End to Policy by Enforcement

"Everyone working in the mortgage business feels like there is a giant target on their backs ," David H. Stevens said in remarks prepared for delivery today at the Mortgage Bankers ...

MND NewsWire - 12:10PM

Builders, Realtors Differ on Home Sale Climate

While they were discussing different vintages, home sellers have a slightly more upbeat outlook on home sales then do the builders of those homes. Lawrence Yun, Chief Economist of the ...

Pipeline Press - 9:40AM

GSE and Investor Updates Continue; What if Fed Tweaked its Balance Sheet?

The last seven days has involved a little travel for me: Oregon, Incline Village in Nevada, and now Manhattan for the MBA's Secondary Marketing Conference. Besides the news that toy ...

Latest Video

Santelli: Rates inch higher

Santelli: Stubborn Treasury rates

Home builder sentiment down 2 points

More News from 'Around the Web'

CNBC - 5:03PM
Greece default certain: Strategist
Reuters - 3:14PM
Greece says must strike debt deal in May as money runs low
Reuters - 3:14PM
U.S. economy isn't as weak as estimates suggest, Fed paper says
Washington Post - 3:13PM
Wonkblog: People have no idea what inequality actually looks like
Bloomberg - 12:55PM
Greece Deal Said to Remain Elusive as Tsipras Eyes Summit
www.cfpbmonitor.com - 12:14PM
CFPB Holds a Field Hearing on Student Loan Servicing Issues
Reuters - 10:26AM
U.S. home builder sentiment slips in May: NAHB
CNBC - 10:26AM
Greek yields soar on default concern
WSJ - 8:43AM
Fed's Evans: Overshooting Fed's 2% Price Target May Be A Good Idea
Market Watch - 8:42AM
Ocwen negotiates with lenders to avoid cash crisis
Bloomberg - 12:11AM
Bank Bond Buying Adds to Case for Bounce
Bloomberg - 12:07AM
Bond-Market Crash Has Wall Street Banks Divided on What's Next
Calculated Risk Blog - 12:06AM
Distressed Sales and Cash buyers for Selected Cities in April

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.97%

+0.04

15 Yr FRM

3.23%

+0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.79%

+0.04

5/1 Yr ARM

3.00%

+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

3.85%

0.60

+0.05

15 Yr. Fixed

3.07%

0.50

+0.05

1 Yr. ARM

2.48%

0.40

+0.02

5/1 Yr. ARM

2.89%

0.50

-0.01

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

100-24

-0-14

30YR FNMA 3.5

104-01

-0-12

30YR GNMA 3.0

101-30

-0-15

30YR GNMA 3.5

104-22

-0-11

15YR FNMA 3.0

104-08

-0-07

15YR FNMA 2.5

101-28

-0-10

Treasuries

Yield

Change

2 YR

0.5807%

+0.0404

5 YR

1.5395%

+0.0743

10 YR

2.2408%

+0.0896

30 YR

3.0319%

+0.0933

Prices as of: 5/18/2015 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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