Daily Newsletter: Wednesday June 15, 2016

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30 Year Fixed

                                                                3.56%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.86%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.58%
                                                                  
                                                                -0.0427

FNMA 30YR 3.5

                                                                105-04
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                104-19
                                                                  
                                                                -0-03

View Today's Rates

Wednesday June 15, 2016

Mortgage Rate Watch - 4:10PM

Mortgage Rates Lender-Dependent After Fed Announcement

Mortgage rates were unchanged today, despite the potential for volatility surround the Fed's rate announcement. No one expected the Fed to hike rates at this meeting, but there was ...

MND NewsWire - 10:25AM

Lenders Expect Purchase Loan Pickup

Fannie Mae's second quarter Mortgage Lender Sentiment Survey indicates that lenders are generally upbeat about the housing market. Respondents to the survey, which was conducted in ...

MBS Commentary - 2:02PM

Differences Between Current and Previous FOMC Statements

(additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in March April indicates that the pace of improvement ...

MND NewsWire - 8:05AM

Lower Rates Didn't Help Mortgage Apps Last Week

Despite mortgage interest rates that continued to decline, in the case of FHA loans retreating to levels last seen in 2013, mortgage activity decreased during the week ended June 10 ...

Latest Video

Yellen on the outlook for rates

Fed lowers rate forecasts for 2017 & 2018

Brexit could have US consequences: Yellen

More News from 'Around the Web'

Reuters - 4:35PM
Bank rules not hindering U.S. economy: FDIC chief
CNBC - 4:35PM
Fed tells market: We're taking summer off
Market Watch - 3:25PM
Treasury yields tumble to lowest level since November 2012 after Fed decision
Federal Reserve - 2:22PM
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 14-15 FOMC meeting
CNBC - 2:22PM
Fed leaves rates unchanged in June meeting
CNBC - 2:22PM
Odds for July rate hike drop after Fed
CNBC - 1:18PM
Focus your concerns on Brexit: Boockvar
Market Watch - 1:12PM
Why Gundlach thinks central banks are âlosing control'
Bloomberg - 11:49AM
Pay Attention to These Words and Dots: Fed Decision-Day Guide
www.builderonline.com - 9:28AM
The Emotions Behind Home Buying
Reuters - 9:27AM
London traders brace for biggest night since 'Black Wednesday'
Bloomberg - 9:26AM
Bookies Are Still Pretty Sure Brexit Isn't Going to Happen
Bloomberg - 9:22AM
Kuroda Faces Unhappy Banks as BOJ's Policy Decision Looms
CNBC - 9:22AM
Industrial output falls 0.4 percent in May
Reuters - 9:22AM
U.S. producer prices rise on gasoline; underlying inflation weak
Market Watch - 8:20AM
Encore: Could the tide be turning on reverse mortgages?

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.56%

+0.00

15 Yr FRM

2.86%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

+0.00

5/1 Yr ARM

2.93%

-0.01

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

3.60%

0.50

-0.06

15 Yr. Fixed

2.87%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.82%

0.50

-0.06

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

103-03

+0-06

30YR FNMA 3.5

105-04

+0-04

30YR GNMA 3.0

103-29

+0-00

30YR GNMA 3.5

105-30

+0-04

15YR FNMA 3.0

104-19

-0-03

15YR FNMA 2.5

103-02

+0-01

Treasuries

Yield

Change

2 YR

0.6737%

-0.0564

5 YR

1.0780%

-0.0630

10 YR

1.5771%

-0.0427

30 YR

2.4123%

-0.0183

Prices as of: 6/15/2016 4:30PM 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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