Daily Newsletter: Tuesday June 21, 2016

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30 Year Fixed

                                                                3.57%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.87%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.70%
                                                                  
                                                                +0.0259

FNMA 30YR 3.5

                                                                104-26
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                104-13
                                                                  
                                                                -0-01

View Today's Rates

Tuesday June 21, 2016

Mortgage Rate Watch - 2:36PM

Mortgage Rates Highest in 2 Weeks

Mortgage rates remained under pressure today, moving up to the highest levels in two weeks. Financial markets are in the process of undoing some of their defensive maneuvers ahead of ...

MND NewsWire - 2:15PM

Don't Blame Lack of Good Homes for All Housing's Woes

The biggest complaint in the spring homebuying season was simply that there weren't enough homes to buy . Demand is strong for housing, but listings are low and getting lower. That ...

Pipeline Press - 10:45AM

New DU Date Set; 48 Hours to Brexit Vote - Traders Prepare; 1003 News

Today I am in Kansas City, where it is “only” 96 degrees. Phoenix hit 119 degrees this week. Let’s ask the folks over there what they think about housing made out ...

MBS Commentary - 8:51AM

MBS Day Ahead: Hoping For Consolidation vs Correction

"Consolidation" would mean yesterday's high yields were a short-term ceiling "Correction" would mean more pain for bond markets Yellen speaks at congress... today's only key event Will ...

Latest Video

Yellen: Loss of momentum in labor market

Fed view of the US economy

Santelli: Sold off after 5-YR auction

More News from 'Around the Web'

freddiemac.mwnewsroom.com - 3:09PM
Freddie Mac Sells $706 Million of Seriously Delinquent Loans
Bloomberg - 3:08PM
Janet Yellen's Senate Testimony in Two Minutes
CNBC - 1:55PM
Why the Fed keeps getting it wrong
Bloomberg - 1:07PM
Draghi Says ECB Is Ready to Respond to Any Brexit Turmoil
CNBC - 11:53AM
The next recession is already hereand there isn't much the Fed can do
CNBC - 10:11AM
Amid uneven economic growth, Fed's Yellen says cautious approach still appropriate
eyeonhousing.org - 10:11AM
What Building 1,000 Homes Means to the U.S. Economy
info.trulia.com - 10:11AM
Trulia: Inventory Drops Again, But Demand For Starter Homes Also Falling In Many Markets
CNBC - 8:01AM
Soros warns of Brexit 'Black Friday'
CNBC - 7:59AM
Don't blame lack of good homes for all housing's woes
Market Watch - 7:54AM
Moneyism: Why a 30-year home mortgage may leave you house poor
Calculated Risk Blog - 7:54AM
Tuesday: Fed Chair Yellen

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

+0.01

15 Yr FRM

2.87%

+0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.61%

+0.00

5/1 Yr ARM

3.00%

+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

3.54%

0.50

-0.06

15 Yr. Fixed

2.81%

0.50

-0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.74%

0.50

-0.08

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

102-22

-0-03

30YR FNMA 3.5

104-26

-0-03

30YR GNMA 3.0

103-15

+0-01

30YR GNMA 3.5

105-19

-0-01

15YR FNMA 3.0

104-13

-0-01

15YR FNMA 2.5

102-23

-0-03

Treasuries

Yield

Change

2 YR

0.7630%

+0.0260

5 YR

1.1937%

+0.0243

10 YR

1.7024%

+0.0259

30 YR

2.5037%

+0.0179

Prices as of: 6/21/2016 4:04PM 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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