Daily Newsletter: Bonds Breathe Sigh of Relief After Dovish Minutes; Rates Catch Break, but not a Big One; Housing Starts Fall, but Remain Near Recent Highs; Mortgage Apps Still Sliding

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30 Year Fixed 3.83%   -0.04 15 Year Fixed 3.10%   -0.04 10YR Treasury 2.08%   -0.0702 FNMA 30YR 3.5 104.48   +0.44 FNMA 15YR 2.5 104.47   +0.28 View Today's Rates

Wednesday February 18, 2015 MBS Commentary - 3:07PM POST-FOMC UPDATE: Bond Markets Breathe Sigh of Relief After Dovish Minutes This afternoon's release of the Minutes from the most recent FOMC meeting make sense. They're filled with exactly the sort of stuff markets expected to see in late January when the ... Mortgage Rate Watch - 5:09PM Mortgage Rates Finally Catch a Break, but Not a Big One Mortgage rates caught a bit of break today, logging the first meaningful improvements in the entire month of February. The gains weren't much better than those seen at the end of last ... MND NewsWire - 10:08AM Housing Starts and Building Permits Fall, but Remain Near Recent Highs The Census Bureau and the Department of Housing and Urban Development's New Residential Construction summary for January 2015 showed mixed and mostly modest results when compared to ... MND NewsWire - 9:42AM Mortgage Apps Dive; Rates Spike; FHA/VA now a Quarter of the Market! Mortgage application volume fell across the board for the second straight time during the week ended February 13, 2015. The Mortgage Bankers Association (MBA) said its Market Composite ... Good Studies on Professions vs Home Ownership; LTV vs Default Rates; Increasing Student Debt MBS Day Ahead: From Pain Trade to Pain Trade Latest Video Rate hike coming? Two views Fed discussions dominated by rate increase timing Shiller: Home prices right level based on history More News from 'Around the Web' freddiemac.mwnewsroom.com - 5:59PM Freddie Mac February 2015 U.S. Economic and Housing Market Outlook Bloomberg - 4:39PM Treasuries Jump as Fed Minutes Show Support for Keeping Rate Low www.wsj.com - 4:39PM Fixer Uppers: A Pot of Gold or a Money Pit? WSJ - 4:39PM Last Year Saw Pivot In New-Home Sizes Calculated Risk Blog - 4:38PM Sacramento Housing in December: Total Sales down 5% Year-over-year Federal Reserve - 3:04PM Minutes of the Federal Open Market Committee, January 27-28, 2015 CNBC - 3:03PM ECB approves 2 week extension of emergency liquidity for Greek banks: DJ, citing source WSJ - 3:03PM Key Passages in the Fed's January Meeting Minutes Reuters - 3:03PM Fed officials worried about hiking rates too soon: minutes WSJ - 3:02PM Deutsche Bank Real Estate Unit: Get Thee to Europe CNBC - 3:02PM Zillow deal has 'significant synergy potential' DataQuick - 3:02PM January Bay Area Region Home Sales Press Release www.builderonline.com - 3:02PM Millennials May Surpass Gen X in Housing Market This Year CNBC - 1:29PM Banks aren't lending; here's who is OCC - 1:20PM Agencies Announce Reissuance of Checks Related to the Independent Foreclosure Review Calculated Risk Blog - 11:47AM AIA: Architecture Billings Index "softens" in January Market Watch - 11:47AM Lew urges Greece's Varoufakis to strike bailout deal WSJ - 10:35AM Does It Count as 'Real' Deflation When Prices Hit an Oil Slick? WSJ - 10:34AM 5 Things to Watch in Wednesday's Federal Reserve Minutes CNBC - 10:33AM Here's a softer move the Fed could make: Insana Today's Rates Best Execution Rate Change 30 Yr FRM 3.83% -0.04 15 Yr FRM 3.10% -0.04 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.82% -0.03 5/1 Yr ARM 3.15% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.80% 0.29 -0.09 15 Yr. Fixed 3.10% 0.29 -0.06 30 Yr. Jumbo 3.86% 0.23 -0.02 30 Yr. FHA 3.66% 0.15 -0.05 5/1 ARM 2.87% 0.41 -0.07 Freddie Mac ** 30 Yr. Fixed 3.69% 0.60 +0.10 15 Yr. Fixed 2.99% 0.60 +0.07 1 Yr. ARM 2.42% 0.40 +0.03 5/1 Yr. ARM 2.97% 0.50 +0.15 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 3.0 101.41 +0.48 30YR FNMA 3.5 104.48 +0.44 30YR GNMA 3.0 102.16 +0.08 30YR GNMA 3.5 104.63 +0.14 15YR FNMA 3.0 104.47 +0.28 15YR FNMA 2.5 102.16 +0.33 Treasuries Yield Change 2 YR 0.6050% -0.0606 5 YR 1.5231% -0.0895 10 YR 2.0800% -0.0702 30 YR 2.7079% -0.0291 Prices as of: 2/18/2015 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

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