Tuesday March 29, 2016 Mortgage Rate Watch - 5:00PM Mortgage Rates Drop After Yellen Speech Mortgage rates moved decisively lower today, following a speech from Fed Chair Janet Yellen. While she accomplished it in several ways, Yellen's overarching message was that the Fed ... MND NewsWire - 3:00PM Have Mortgage Underwriting Standards Bottomed Out? If lenders' opinions count, credit standards appear to be as low as they will go, at least in the medium term. On the other hand, it appears they are unlikely to tighten perceptively ... MND NewsWire - 12:08PM Jumbo Private-Label MBS Outlook "Cloudy" Is the mortgage-backed security (MBS) based on jumbo mortgage loans back on life-support? Sam Khater, CoreLogic's deputy chief economist, says it appears to be. In an analysis published ... Pipeline Press - 11:41AM Redwood Trust, Prosper News; Ohio's Take on Minimum Wage for Sales Personnel; CFPB Webinar on TRID Sweden, with its population of about 9.6 million about the same as Michigan, just adopted a law limiting mortgage loans to 105 years. Our 30-year fixed-rate mortgage has plenty of critics ... Black Knight Prices Short of other Indices Home Price Gains Still Doubling Pace of Inflation MBS Day Ahead: Looking For a Pre-NFP Lead-Off After Yellen? Latest Video More News from 'Around the Web' blog.stewart.com - 4:12PM Understanding your home insurance: The BIG 3 media.ally.com - 4:12PM Ally Financial Schedules Release of First Quarter 2016 Financial Results Reuters - 2:44PM Wells Fargo to pay California $8.5 million for privacy law violations Market Watch - 1:20PM Treasury yields tumble to 1-month low as Yellen hints at no rate hike in April Reuters - 12:52PM Yellen says Fed should proceed 'cautiously' given global risks Bloomberg - 10:57AM Banks Have Become Boring Institutions, Here's Why CNBC - 10:06AM Consumer confidence hits 96.2 in March versus 94 expected Reuters - 10:05AM U.S. home prices up in January, but shy of expectations CNBC - 8:05AM U.S. Treasurys flat ahead of Yellen speech | 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 | 3.93% | 0.35 | -0.01 | 15 Yr. Fixed | 3.18% | 0.34 | -0.04 | 30 Yr. Jumbo | 3.85% | 0.27 | -0.01 | 30 Yr. FHA | 3.74% | 0.32 | -0.03 | 5/1 ARM | 3.13% | 0.36 | -0.10 |
30 Yr. Fixed | 3.71% | 0.50 | -0.02 | 15 Yr. Fixed | 2.96% | 0.40 | -0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.89% | 0.50 | -0.04 | 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 | 102.42 | +0.61 | 30YR FNMA 3.5 | 104.72 | +0.39 | 30YR GNMA 3.0 | 103.23 | +0.66 | 30YR GNMA 3.5 | 105.41 | +0.41 | 15YR FNMA 3.0 | 104.28 | +0.27 | 15YR FNMA 2.5 | 102.53 | +0.42 |
2 YR | 0.7882% | -0.0850 | 5 YR | 1.2696% | -0.0941 | 10 YR | 1.8018% | -0.0948 | 30 YR | 2.5981% | -0.0524 | Prices as of: 3/29/2016 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 | |