Daily Newsletter: Thursday May 7, 2015

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30 Year Fixed

                                                                3.95%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.22%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.18%
                                                                  
                                                                -0.0685

FNMA 30YR 3.5

                                                                104-11
                                                                  
                                                                +0-11

FNMA 15YR 2.5

                                                                104-10
                                                                  
                                                                +0-05

View Today's Rates

Thursday May 7, 2015

Mortgage Rate Watch - 4:54PM

Mortgage Rates Down Modestly Ahead of Big Jobs Report

Mortgage rates finally dug in their heels and made some slight improvements today . For the past 4 days, they'd moved higher at the fastest pace of the year for any other 4-day period ...

MND NewsWire - 3:57PM

Mixed Signals in Fannie Housing Survey

Fannie Mae said on Thursday that while the results of its April National Housing Survey showed some improvement in housing sentiment, it was "likely not enough to trigger any breakout ...

MND NewsWire - 3:49PM

GSEs Continue Financial Winning Streak

Both government sponsored enterprises (GSEs) reported profitable first quarter financial results for the first quarter. Both will pay a dividend for the quarter to the U.S. Treasury ...

MBS Commentary - 7:34AM

MBS Day Ahead: Now Things Are Getting Interesting!

Yesterday's morning commentary contained a chart and discussion on Treasury yields breaking above the upper bollinger band for 5 consecutive days. Yesterday went on to extent that streak ...

Latest Video

Global rates march higher

Santelli: Do we have a double top?

Santelli Exchange: Rates & employment data

More News from 'Around the Web'

WSJ - 3:43PM
U.S. Consumers Boost Borrowing in March at Fastest Pace Since July
Reuters - 3:18PM
Goldman Sachs must face $120 million suit over mortgage securities: court
WSJ - 1:57PM
It's Bonds That are Overvalued, not Stocks. Here's Why.
WSJ - 1:57PM
5 Things to Watch in the April Jobs Report
CNBC - 1:56PM
Yellen was right on valuations: Shiller
CNBC - 1:56PM
Bond traders see relief rally
CNBC - 12:22PM
New listings not helping Twin Cities housing rebound
Market Watch - 12:22PM
Capitol Report: Home price gains fueling inequality in U.S. cities: Realtors
Calculated Risk Blog - 11:03AM
Las Vegas Real Estate in April: Sales Increased 5.1% YoY
Fannie Mae - 11:02AM
News Release - More Consumers Positive On Housing, But ...
CNBC - 9:18AM
House flippers seeing record returns
www.gallup.com - 9:18AM
U.S. Payroll to Population Rate 43.9% in April
CNBC - 9:18AM
US jobless claims below estimates
Market Watch - 9:17AM
Fed's Evans: Get used to Fed warning about financial markets
CNBC - 9:17AM
$1M home sales surge, prices stall
Bloomberg - 9:16AM
Fannie Mae to Pay U.S. $1.8 Billion After First-Quarter Profit
Fannie Mae - 9:16AM
Fannie Mae Reports Net Income of $1.9 bln

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.95%

-0.03

15 Yr FRM

3.22%

-0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.83%

-0.02

5/1 Yr ARM

3.02%

+0.00

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

3.87%

0.38

+0.01

15 Yr. Fixed

3.16%

0.29

+0.01

30 Yr. Jumbo

3.84%

0.35

+0.03

30 Yr. FHA

3.67%

0.23

-0.02

5/1 ARM

2.82%

0.40

+0.06

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

101-03

+0-13

30YR FNMA 3.5

104-11

+0-11

30YR GNMA 3.0

102-04

+0-13

30YR GNMA 3.5

104-30

+0-12

15YR FNMA 3.0

104-10

+0-05

15YR FNMA 2.5

102-03

+0-07

Treasuries

Yield

Change

2 YR

0.6353%

-0.0038

5 YR

1.5583%

-0.0263

10 YR

2.1782%

-0.0685

30 YR

2.9080%

-0.0883

Prices as of: 5/7/2015 4:32PM 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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