Daily Newsletter: Tuesday February 23, 2016

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.95%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.72%
                                                                  
                                                                -0.0275

FNMA 30YR 3.5

                                                                104-25
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-11
                                                                  
                                                                +0-01

View Today's Rates

Tuesday February 23, 2016

MND NewsWire - 11:01AM

Existing Home Sales, Prices hit Multi-Month Highs

Existing home sales and home prices both increased in January, the latter again driven by a tight supply of available houses in many markets. The National Association of Realtors® ...

MND NewsWire - 10:39AM

Single Family Landlords Buying, not Building

One of the sea changes that swept in with the housing crisis was the growth of single family houses as a share of rental properties . Frank Nothaft, Senior Economist at CoreLogic said ...

MND NewsWire - 10:30AM

Home Price Gains Cooling Off Despite Some Double-Digit Metros

Home price gains were somewhat mixed in December with some of the S&P Case-Shiller posting larger increases than in November and others negative or unchanged. The U.S. National ...

Mortgage Rate Watch - 4:22PM

Mortgage Rates Slightly Lower After Rocky Start

Mortgage rates experienced some volatility today, but ended up in slightly stronger territory on average. At first, rates were higher, as underlying bond markets were quickly weakening ...

Latest Video

Millennials, listen up: Now’s a good time to buy that home

Low consumer confidence is a surprise: Pro

Banks are dying to make loans: Jimmy Dunne

More News from 'Around the Web'

Bloomberg - 3:33PM
Highest-Priced San Francisco Homes Widen the Gap With New York
CNBC - 1:46PM
Rent prices still climbing, but slower
Bloomberg - 1:45PM
Real Estate Mogul Katzman on Global Risk and Reward
CNBC - 1:45PM
Santoli: Home Depot is exceptional
www.cfpbmonitor.com - 11:46AM
CFPB invites comments on "Application Process for Designation of Rural Area under Federal Consumer Financial Law"
CNBC - 10:24AM
US existing home sales rise to six-month high
CNBC - 10:24AM
Consumer confidence declines in February
CNBC - 9:17AM
US home prices rise 5.7% in Dec: S&P/Case-Shiller
Reuters - 9:15AM
Housing recovery, unseasonable weather drive Home Depot results
Reuters - 8:17AM
Recovering housing market drives Home Depot sales, outlook
Reuters - 8:17AM
Toll Brothers quarterly revenue rises 8.8 percent
CNBC - 8:16AM
Dunne: Replace Yellen as Fed chair
Bloomberg - 8:16AM
More Subprime Borrowers Are Falling Behind on Their Auto Loans
Reuters - 8:14AM
Google is shuttering 'Compare,' including mortgage comparison tool
Bloomberg - 8:14AM
BlackRock Warns Bond Traders They're Underestimating the Fed
CNBC - 8:12AM
Some can't afford to buy homes in their hometown

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

-0.01

15 Yr FRM

2.95%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.49%

+0.00

5/1 Yr ARM

2.90%

+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

102-19

+0-04

30YR FNMA 3.5

104-25

+0-02

30YR GNMA 3.0

103-15

+0-04

30YR GNMA 3.5

105-11

+0-01

15YR FNMA 3.0

104-11

+0-01

15YR FNMA 2.5

102-18

+0-02

Treasuries

Yield

Change

2 YR

0.7378%

-0.0162

5 YR

1.1983%

-0.0359

10 YR

1.7208%

-0.0275

30 YR

2.5759%

-0.0297

Prices as of: 2/23/2016 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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