Daily Newsletter: Wednesday June 22, 2016

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30 Year Fixed

                                                                3.59%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.89%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.69%
                                                                  
                                                                -0.0242

FNMA 30YR 3.5

                                                                104-29
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                104-14
                                                                  
                                                                +0-01

View Today's Rates

Wednesday June 22, 2016

MND NewsWire - 11:05AM

Existing Home Sales and Prices Reach Milestone Highs

The median price of an existing home reached an all-time high in May and sales hit their highest pace in nearly a decade . The National Association of Realtors® (NAR) said on Wednesday ...

Mortgage Rate Watch - 3:05PM

Mortgage Rates Higher Still Despite Market Improvement

Mortgage rates were higher for a 4th straight day today. That is a bit of a puzzler at first glance because bond markets are showing improvements from yesterday. 10yr yields are 0.02 ...

MND NewsWire - 8:11AM

Refinancing up as Jumbo Rates hit 5-Year Low

Refinancing gained ground as interest rates fell during the week ended June 17. The Mortgage Bankers Association (MBA) reported that refinancing rebounded to a 57.7 percent share of ...

MND NewsWire - 2:28PM

Most Distressed Properties Now Simply Delinquent

Distressed properties nationwide now total significantly less than 3 million according to data released on Wednesday by Black Knight Financial Services. The majority of that number ...

Latest Video

Existing home sales up 1.8% (May)

Housing affordability

Fed's Powell: Interest rate lower than I thought

More News from 'Around the Web'

Market Watch - 3:52PM
Yellen agrees it is too soon to take her âfoot off the pedal' to help labor market
The Atlantic - 3:13PM
The IMF's Warning to the U.S.
Reuters - 1:39PM
Fed's Yellen says no special meetings scheduled over Brexit
Reuters - 1:38PM
NY Fed may do 'enhanced monitoring' of SWIFT money transfers: Yellen
www.realtor.com - 11:48AM
Rents Are Booming, But for How Long?
CNBC - 11:42AM
Americans on the Brexit vote: Never heard of it
CNBC - 10:32AM
US existing home sales hit 9-year high
www.bkfs.com - 10:31AM
Black Knight Financial Services' First Look at May 2016 Mortgage Data
CNBC - 8:08AM
Mortgage applications up 3% on lowest rates in three years
CNBC - 8:07AM
US Treasurys flat as Yellen preps for second testimony
Bloomberg - 8:06AM
Renters Are Making More, And Landlords Get It All

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.59%

+0.02

15 Yr FRM

2.89%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.62%

+0.01

5/1 Yr ARM

2.97%

-0.03

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

102-26

+0-05

30YR FNMA 3.5

104-29

+0-04

30YR GNMA 3.0

103-19

+0-05

30YR GNMA 3.5

105-23

+0-04

15YR FNMA 3.0

104-14

+0-01

15YR FNMA 2.5

102-25

+0-03

Treasuries

Yield

Change

2 YR

0.7472%

-0.0198

5 YR

1.1960%

-0.0025

10 YR

1.6852%

-0.0242

30 YR

2.4999%

-0.0127

Prices as of: 6/22/2016 4:05PM 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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