Daily Newsletter: Monday June 6, 2016

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.93%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.73%
                                                                  
                                                                +0.0328

FNMA 30YR 3.5

                                                                104-29
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-14
                                                                  
                                                                -0-02

View Today's Rates

Monday June 6, 2016

Mortgage Rate Watch - 4:48PM

Mortgage Rates Give Back Only Some of Friday's Gains

Mortgage rates moved slightly higher today, erasing only some of the massive improvements seen after last Friday's jobs report. In general, most lenders moved one-eighth of one percentage ...

MND NewsWire - 2:12PM

Mortgage Status Can Help Predict Homeowner Behavior

Delinquencies on home equity lines of credit (HELOCs) have increased on an annual basis twice in the six months ended in March according to Black Knight Financial Services. These were ...

Pipeline Press - 9:45AM

TARP Update; SEC Investigating Deutsche Bank; FDIC Settles; Arizona Attorney Pleads Guilty to Mortgage Fraud

Uh oh: New York state’s financial regulator sent a letter to 28 fin tech companies seeking information about their online lending activities. But in these days of these days of ...

MBS Commentary - 9:36AM

MBS Week Ahead: Light Data Ahead of Fed Week; Yellen's Chance to Address Jobs Report

Very light economic calendar this week Fed Announcement next week Yellen speaks later today (jobs data will invariably come up) bond yields already near range boundary, but this time ...

Latest Video

When will the rate hike happen?

Fed's Rosengren sees rate hikes ahead despite poor jobs report

Fed's Yellen: Don't overreact to jobs report

More News from 'Around the Web'

www.nytimes.com - 2:14PM
Janet Yellen Speech Suggests Fed Will Rethink Interest-Rate Plans
Market Watch - 12:51PM
Want to sell your house by yourself? Read this first
CNBC - 12:51PM
Fed's Yellen: Don't overreact to jobs
Market Watch - 10:45AM
Fed's Lockhart says he won't support June rate hike but July is on the table
eyeonhousing.org - 9:47AM
New House Price Data Show Why Costs Are a Problem
www.bkfs.com - 9:47AM
Black Knight's April Mortgage Monitor: Cash Transactions Account for Over 60 Percent of Low-Priced Home Sales
CNBC - 9:04AM
Fed's Rosengren hints at no June rate hike
CNBC - 8:22AM
Wall Street fixed on Yellen after jobs debacle
Bloomberg - 8:13AM
Inconvenient Truth About Bond Dealers and U.S. Treasury Auctions
Bloomberg - 8:07AM
Yellen Speech May Offer Little Clarity After Vagueness Paid Off

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

+0.02

15 Yr FRM

2.93%

+0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.66%

+0.01

5/1 Yr ARM

3.01%

+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

3.66%

0.50

+0.02

15 Yr. Fixed

2.92%

0.50

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.88%

0.50

+0.01

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

102-24

-0-04

30YR FNMA 3.5

104-29

-0-02

30YR GNMA 3.0

103-18

0-00

30YR GNMA 3.5

105-22

-0-03

15YR FNMA 3.0

104-14

-0-02

15YR FNMA 2.5

102-27

-0-02

Treasuries

Yield

Change

2 YR

0.7993%

+0.0237

5 YR

1.2516%

+0.0241

10 YR

1.7349%

+0.0328

30 YR

2.5539%

+0.0428

Prices as of: 6/6/2016 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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