Daily Newsletter: Monday February 22, 2016

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30 Year Fixed

                                                                3.65%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.96%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.75%
                                                                  
                                                                +0.0017

FNMA 30YR 3.5

                                                                104-23
                                                                  
                                                                -0-00

FNMA 15YR 2.5

                                                                104-10
                                                                  
                                                                -0-01

View Today's Rates

Monday February 22, 2016

Mortgage Rate Watch - 5:27PM

Mortgage Rates Sideways Again; Anxiety Builds

Mortgage rates maintained recent sideways momentum today, holding inside a narrow range established last week. This range is particularly interesting to mortgage rate watchers because ...

MND NewsWire - 1:19PM

Owners clueless about home equity: Study

Despite three years of solid recovery in home prices, a surprising number of homeowners don't realize what they've gained. Most underestimate what their home is worth and, consequently ...

MND NewsWire - 10:14AM

Foreclosures Still Growing in Nearly Half of States

Foreclosure activity declined on a month-over-month basis nationwide in January although completed foreclosures were up significantly on an annual basis. However RealtyTrac reports ...

Pipeline Press - 10:12AM

Legal News Impacting Lenders and Capital Markets--Not in a Good Way

In the last 50+ years Detroit has lost nearly two thirds of its population. (Yes, 2/3.) And now the City of Detroit is offering up a mortgage pairing that goes above 100% LTV to renovate ...

Latest Video

10-year headed below 1%?

Closing Bell Exchange: Oil and S&P 500 correlation

Santelli Exchange: Tracking treasury trends

More News from 'Around the Web'

www.realtor.com - 3:52PM
Bank of America's Newest Mortgage: 3% Down and No FHA
www.cfpbmonitor.com - 1:48PM
FTC sends letter to CFPB on 2015 debt collection activities
Bloomberg - 1:48PM
Biggest U.S. Banks Fight Back Against Fed's Too-Big-to-Fail Plan
CNBC - 1:48PM
Minerd: 10-yr note heading for 1% yield
OCC - 1:25PM
OCC Hosts Credit and Compliance Risks Workshops in California
Market Watch - 1:25PM
Fed official touts âexcellent' control over interest rates
CNBC - 1:24PM
The S&P is closing in on a critical level
eyeonhousing.org - 1:20PM
Multifamily Building: Fourth Quarter Data
The Atlantic - 1:07PM
The Persistence of America's Easy White Enclaves'
www.cfpbmonitor.com - 10:23AM
CFPB finalizes no-action policy for innovative financial products
eyeonhousing.org - 10:23AM
Single-Family Built-for-Rent Construction
www.bkfs.com - 10:22AM
Black Knight Financial Services' "First Look" at January 2016 Mortgage Data
CNBC - 8:11AM
US has a record-breaking year for solar power
Bloomberg - 8:03AM
Bond-Market Pessimism `Excessive' Yet May Persist, Says Barclays
CNBC - 8:01AM
Fannie Mae at risk of needing a bailout
CNBC - 8:01AM
Treasury yields rise as oil price climbs

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.65%

+0.01

15 Yr FRM

2.96%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.49%

+0.01

5/1 Yr ARM

2.89%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.45%

1.20

-0.01

30 Yr. Fixed

4.12%

1.43

-0.05

MBA **

30 Yr. Fixed

3.83%

0.36

-0.08

15 Yr. Fixed

3.11%

0.31

-0.07

30 Yr. Jumbo

3.74%

0.26

-0.02

30 Yr. FHA

3.67%

0.34

-0.05

5/1 ARM

2.92%

0.32

-0.04

Freddie Mac **

30 Yr. Fixed

3.65%

0.50

+0.00

15 Yr. Fixed

2.95%

0.50

+0.00

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.85%

0.40

+0.02

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

102-15

-0-01

30YR FNMA 3.5

104-23

-0-00

30YR GNMA 3.0

103-11

-0-00

30YR GNMA 3.5

105-10

-0-00

15YR FNMA 3.0

104-10

-0-01

15YR FNMA 2.5

102-16

-0-01

Treasuries

Yield

Change

2 YR

0.7540%

+0.0081

5 YR

1.2342%

+0.0064

10 YR

1.7535%

+0.0017

30 YR

2.6056%

-0.0076

Prices as of: 2/22/2016 4:28PM 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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