Wednesday March 9, 2016 Mortgage Rate Watch - 4:43PM Rates Snap Back to 1-Month Highs Mortgage rates bounced higher today, moving all the way back to the highest levels since early February. While that sounds quite dramatic, the same could have been said for the day ... Pipeline Press - 9:08AM CFPB Invites Complaints About New Set of Lenders; Compliance Issues Hit Capital Markets Regulators don't like the unregulated, and in what some would term, "the CFPB inviting more into its boat to be bashed with oars," it announced it is accepting complaints from consumers ... MND NewsWire - 8:14AM Purchase Loans Drive Small Gain in Application Volume Mortgage application activity during the week ended March 4 was, at best, lackluster with a small gain in purchase mortgage applications offsetting a small reduction in refinancing ... MBS Commentary - 8:58AM MBS Day Ahead: At Risk of Confirming Yesterday's Fears Yesterday's fears: that the gains were just a byproduct of trading positions Particularly, bond bears were covering bets on higher rates Traders getting neutral ahead of tomorrow's ... Market Clearing Foreclosures at Close to Normal Rate Home Price Expectations Wane in Fannie Mae Survey Latest Video More News from 'Around the Web' Bloomberg - 5:10PM Online Lender SoFi Starts Hedge Fund to Invest in Its Own Loans Market Watch - 5:10PM Home buyers may have to wait a bit longer for market to cool, economist warns Market Watch - 1:56PM In One Chart: Chart shows how bad negative rates have been for stock markets CNN - 1:56PM Billionaire to central banks: We don't want negative rates Bloomberg - 1:56PM Goldman Says Policy Divergence Set to Expand as Treasuries Fall CNBC - 12:12PM Guess who's moving to the 'burbs? Millennials, really Bloomberg - 12:11PM Bonds More Primed for Bear Market Than Equities CNBC - 12:11PM Oil rises on plans to discuss output CNBC - 12:08PM Why retiring Baby Boomers should downsize www.wellsfargo.com - 12:08PM Wells Fargo commits $5 million to boost Philadelphia homeownership Market Watch - 12:03PM Disappointment reigns as ECB's QE celebrates anniversary CNN - 10:13AM America's 7-year bull market: Can it last? Reuters - 10:13AM Markets betting on near-zero interest rates for another decade Calculated Risk Blog - 10:12AM Update: U.S. Heavy Truck Sales CNBC - 10:11AM Wholesale inventories rise in Jan. Reuters - 8:08AM Futures rise as crude prices rebound Market Watch - 8:08AM Jeff Gundlach tells this hard-partying market it's time to sober up Market Watch - 8:06AM 2yr vs 10yr Treasuries Narrowest Since 2009 and What That Means Market Watch - 8:05AM The Wall Street Journal: Online lender SoFi to run its own hedge fund | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.45% | 1.20 | -0.01 | 30 Yr. Fixed | 4.12% | 1.43 | -0.05 |
30 Yr. Fixed | 3.83% | 0.39 | -0.02 | 15 Yr. Fixed | 3.13% | 0.31 | +0.01 | 30 Yr. Jumbo | 3.75% | 0.31 | -0.05 | 30 Yr. FHA | 3.67% | 0.40 | -0.05 | 5/1 ARM | 3.02% | 0.31 | -0.05 |
30 Yr. Fixed | 3.64% | 0.50 | +0.02 | 15 Yr. Fixed | 2.94% | 0.50 | +0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.84% | 0.50 | +0.05 | Current Mortgage Rates »* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets 30YR FNMA 3.0 | 101.88 | -0.25 | 30YR FNMA 3.5 | 104.36 | -0.19 | 30YR GNMA 3.0 | 102.72 | -0.31 | 30YR GNMA 3.5 | 105.00 | -0.27 | 15YR FNMA 3.0 | 104.02 | -0.06 | 15YR FNMA 2.5 | 102.13 | -0.14 |
2 YR | 0.8941% | +0.0242 | 5 YR | 1.3860% | +0.0428 | 10 YR | 1.8830% | +0.0508 | 30 YR | 2.6690% | +0.0311 | Prices as of: 3/9/2016 4:30PM 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 | |