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Negative Reprices Now Guaranteed; Many Lenders Back for 2nds
  Mortgage Market ALERT
Dec 03, 2015 1:23 PM ET

Nothing to add from an analytical perspective that hasn't been covered already.  The selling is simply continuing.  Lenders that haven't repriced yet are now all but guaranteed to do so.  Many lenders will be back for a 2nd pass, if they haven't already repriced twice

MBS / Treasury Market Data

UMBS 5.5
97.66
+0.18
UMBS 6.0
99.61
+0.14
UMBS 6.5
101.29
+0.15
2 YR
4.9245
-0.0425
10 YR
4.6014
-0.0081
Pricing as of: 4/23 5:10PM EST
This Mortgage Market Alert is provided in partnership with MBS Live and provided exclusively to MBS Live Subcribers.

Average Mortgage Rates

Rate Change Points
30 Yr. Fixed 7.38% -0.05 --
15 Yr. Fixed 6.82% -0.03 --
30 Yr. FHA 6.86% -0.05 --
30 Yr. Jumbo 7.58% -0.04 --
5/1 ARM 7.40% 0.00 --
Source: Mortgage News Daily
Rate Change Points
30 Yr. Fixed 7.13% +0.12 0.00
15 Yr. Fixed 6.64% +0.18 0.64
30 Yr. FHA 6.90% +0.10 0.99
30 Yr. Jumbo 7.40% +0.27 0.46
5/1 ARM 6.52% +0.11 0.60
Source: The Mortgage Bankers Association
Rate Change Points
30 Yr. Fixed 7.10% -0.34 0.00
15 Yr. Fixed 6.39% -0.37 0.00
Source: Freddie Mac
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Market Data

MBS Price Change
UMBS 5.5 97.66 +0.18
UMBS 6.0 99.61 +0.14
UMBS 6.5 101.29 +0.15
GNMA 5.5 98.45 +0.13
GNMA 6.0 100.40 +0.10
GNMA 6.5 101.43 +0.08
US Treasuries Yield Change
2 YR 4.925 -0.043
5 YR 4.630 -0.021
10 YR 4.601 -0.008
30 YR 4.729 +0.014
Pricing as of: 4/23 5:10PM EST

Recent Housing Data

Value Change
Mortgage Apps Apr 17 202.1 3.27%
Building Permits Mar 1 1.46M -3.95%
Housing Starts Mar 1 1.32M -13.15%
New Home Sales Feb 1 662K 0.15%
Pending Home Sales Feb 1 75.6 1.75%
Existing Home Sales Feb 1 3.97M -0.75%
Builder Confidence Mar 1 51 6.25%

Recent News