Friday, January 8, 2016

Daily Newsletter: Mortgage Rate Paradox: 2 Month Lows After Stellar Jobs Data; Disaster Policy Updates

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
30 Year Fixed
3.94%   -0.02
15 Year Fixed
3.19%   -0.02
10YR Treasury
2.12%   -0.0335
FNMA 30YR 3.5
103.89   +0.19
FNMA 15YR 2.5
103.55   +0.14
Friday January 8, 2016
Mortgage Rate Watch - 5:28PM
Mortgage rates moved lower today, despite an exceptionally strong jobs report--something that typically sends rates screaming higher. Recently, however, we've seen a disconnection between ...
Pipeline Press - 9:59AM
Residential lending, and real estate in general, is impacted by legal maneuvering big and small. Sure the big cases and settlements garner the headlines, but what about the "in the ...
MBS Commentary - 6:54PM
Today's NFP data was exactly what we needed to let us know what has been going on so far in 2016. It was so strong that it left no doubt as to how neutrally positioned markets would ...
MBS Commentary - 7:25AM
Bond markets were able to put some green on the screen again yesterday, but that's not as positive a development as it normally is. We talk sometimes about bonds being forced to rally ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.94% -0.02
15 Yr FRM 3.19% -0.02
FHA 30 Year Fixed 3.63% -0.02
Jumbo 30 Year Fixed 3.75% -0.04
5/1 Yr ARM 3.07% +0.01
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 4.20% 0.42 +0.01
15 Yr. Fixed 3.47% 0.31 +0.05
30 Yr. Jumbo 4.09% 0.35 +0.02
30 Yr. FHA 3.95% 0.41 -0.02
5/1 ARM 3.47% 0.31 +0.05
Freddie Mac **
30 Yr. Fixed 3.97% 0.60 +0.01
15 Yr. Fixed 3.26% 0.50 +0.04
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 3.09% 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 3.0 100.91 +0.23
30YR FNMA 3.5 103.89 +0.19
30YR GNMA 3.0 102.06 +0.22
30YR GNMA 3.5 104.67 +0.16
15YR FNMA 3.0 103.55 +0.14
15YR FNMA 2.5 101.48 +0.16
Treasuries
Yield Change
2 YR 0.9358% -0.0162
5 YR 1.5614% -0.0411
10 YR 2.1173% -0.0335
30 YR 2.9117% -0.0203
Prices as of: 1/8/2016 4:31PM 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:
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
View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.