Friday, November 27, 2015

Daily Newsletter: Rates Perfectly Steady. Next Week Could be Different; Judicial Foreclosure More Harm Than Good; Boomers Control Housing's Fate

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30 Year Fixed
4.00%   +0.00
15 Year Fixed
3.25%   +0.00
10YR Treasury
2.22%   -0.0106
FNMA 30YR 3.5
103.44   +0.06
FNMA 15YR 2.5
103.44   +0.05
Friday November 27, 2015
Mortgage Rate Watch - 1:58PM
Mortgage rates did absolutely nothing today. In fact, some lenders were not even open for business today. Those who were, generally made no discernible changes to rate sheets. This ...
MND NewsWire - 1:46PM
We noted a few months ago that Freddie Mac's monthly Insights and Outlook had changed in both format and publication schedule and credited those changes to its new chief economist Sean ...
MND NewsWire - 1:39PM
Since demographics, Freddie Mac says, drive the housing market, the company's economists focused part of its November Insights and Outlooks on the over age 55 population of homeowners ...
Pipeline Press - 11:28AM
There are 50 states in the U.S., and 3007 counties in those states. (The numbers of counties per state ranges from the 3 in Delaware to 254 in Texas; Louisiana and Alaska have parishes ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.00% +0.00
15 Yr FRM 3.25% +0.00
FHA 30 Year Fixed 3.75% +0.00
Jumbo 30 Year Fixed 3.84% +0.00
5/1 Yr ARM 3.00% +0.00
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 3.45% 1.20 -0.01
30 Yr. Fixed 4.12% 1.43 -0.05
MBA **
30 Yr. Fixed 4.14% 0.49 -0.04
15 Yr. Fixed 3.39% 0.43 -0.01
30 Yr. Jumbo 3.99% 0.30 -0.06
30 Yr. FHA 3.87% 0.49 -0.03
5/1 ARM 3.19% 0.38 +0.01
Freddie Mac **
30 Yr. Fixed 3.95% 0.70 -0.02
15 Yr. Fixed 3.18% 0.60 +0.00
1 Yr. ARM 2.59% 0.30 -0.05
5/1 Yr. ARM 3.01% 0.50 +0.03
* 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 3.0 100.28 +0.03
30YR FNMA 3.5 103.44 +0.06
30YR GNMA 3.0 101.34 +0.08
30YR GNMA 3.5 104.00 0.00
15YR FNMA 3.0 103.44 +0.05
15YR FNMA 2.5 101.22 +0.05
Treasuries
Yield Change
2 YR 0.9264% -0.0079
5 YR 1.6479% -0.0212
10 YR 2.2218% -0.0106
30 YR 2.9976% +0.0032
Prices as of: 11/27/2015 2:05PM EST
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:
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