Daily Newsletter: Friday May 27, 2016

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30 Year Fixed

                                                                3.72%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.99%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.85%
                                                                  
                                                                +0.0246

FNMA 30YR 3.5

                                                                104-16
                                                                  
                                                                -0-04

FNMA 15YR 2.5

                                                                104-00
                                                                  
                                                                -0-06

View Today's Rates

Friday May 27, 2016

Mortgage Rate Watch - 12:48PM

Mortgage Rates Calm Ahead of Long Weekend

Mortgage rates were sideways to slightly lower today, depending on the lender. Financial markets closed early for Memorial Day weekend, and will be fully closed on Monday. As such, ...

Pipeline Press - 10:01AM

CFPB Goes After Individual LO; The Cost of Regulation on Home Prices; TRID Costs Continue

Do you think your company’s computer system is immune from hacking? It’s not a matter of “if” but “when” – just ask Equifax about its data ...

MBS Commentary - 8:27AM

MBS Day Ahead: Yellen Speech Won't Matter Until Next Week--Even if it Moves Markets Today

GDP at 8:30am won't matter Consumer Sentiment at 10am won't matter Yellen at 10:30am (and 1:15pm) won't matter All of the above--but especially Yellen--can matter next week As I like ...

MND NewsWire - 10:48AM

Home Price Gains Top 6% Year-Over-Year

Home prices appreciated in the first quarter of 2016 by 1.3 percent compared to the fourth quarter of 2015. The Federal Housing Finance Agency (FHFA) said this was the 19 th straight ...

Latest Video

Q1 GDP revisions disappoint

Q1 GDP up 0.8% (rev.)

Santelli Exchange: Low rates 'medicinal' or 'toxic?'

More News from 'Around the Web'

The Atlantic - 1:53PM
How America Lost Its Mojo (Is It Housing?!)
Calculated Risk Blog - 1:49PM
Regional Home Price Declines Not Uncommon in the Past
CNBC - 1:46PM
Yellen: Rate hike probably appropriate in the coming months
CNBC - 11:26AM
Consumer sentiment inches up in May
Reuters - 11:21AM
Yellen may help pave way for higher rates on Friday
Bloomberg - 9:53AM
Why GDP Numbers May Put Off June Fed Rate Hike
CNBC - 8:43AM
Economic growth revised up to just 0.8 percent
Bloomberg - 8:40AM
The Dangers of Yellen Speaking Right Before Memorial Day
CNBC - 8:06AM
Ahead of Yellen and GDP data, US futures higher
CNBC - 8:06AM
With housing heating up, here's how to play the homebuilders
Bloomberg - 8:06AM
Gundlach Says Yellen Speech to Be Dovish as Treasury Bid Soars

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.72%

-0.01

15 Yr FRM

2.99%

-0.01

FHA 30 Year Fixed

3.30%

+0.00

Jumbo 30 Year Fixed

3.73%

-0.02

5/1 Yr ARM

2.99%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.37%

1.26

-0.14

30 Yr. Fixed

3.95%

1.30

-0.16

MBA **

30 Yr. Fixed

3.82%

0.34

-0.05

15 Yr. Fixed

3.06%

0.33

-0.07

30 Yr. Jumbo

3.74%

0.31

-0.05

30 Yr. FHA

3.64%

0.25

-0.05

5/1 ARM

2.93%

0.22

+0.02

Freddie Mac **

30 Yr. Fixed

3.64%

0.50

+0.06

15 Yr. Fixed

2.89%

0.50

+0.08

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.87%

0.50

+0.07

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

102-08

-0-02

30YR FNMA 3.5

104-16

-0-04

30YR GNMA 3.0

103-09

+0-01

30YR GNMA 3.5

105-13

-0-02

15YR FNMA 3.0

104-00

-0-06

15YR FNMA 2.5

102-10

-0-05

Treasuries

Yield

Change

2 YR

0.9106%

+0.0356

5 YR

1.3864%

+0.0390

10 YR

1.8510%

+0.0246

30 YR

2.6503%

+0.0117

Prices as of: 5/27/2016 2:05PM 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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