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Stock Lever Engaged; Negative Reprice Risk Increasing
  Mortgage Market ALERT
Feb 03, 2016 4:24 PM ET

MBS are off another few ticks in a quick move that has closely followed gains in equities markets.  Fannie 3.0s are now down as many as 6/32nds from some lenders' rate sheet print times (still mostly focusing on those who already repriced positively).  10yr yields are now up 1.9bps on the day at 1.87.

MBS / Treasury Market Data

UMBS 5.5
97.31
0.00
UMBS 6.0
99.32
+0.02
UMBS 6.5
101.10
+0.01
2 YR
4.9879
-0.0015
10 YR
4.6222
-0.0043
Pricing as of: 4/19 5:04PM 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 7.44% +0.01 --
15 Yr. Fixed 6.85% +0.01 --
30 Yr. FHA 6.92% +0.02 --
30 Yr. Jumbo 7.62% 0.00 --
5/1 ARM 7.41% +0.01 --
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 97.31 0.00
UMBS 6.0 99.32 +0.02
UMBS 6.5 101.10 +0.01
GNMA 5.5 98.08 +0.01
GNMA 6.0 100.08 +0.02
GNMA 6.5 101.21 +0.06
US Treasuries Yield Change
2 YR 4.988 -0.002
5 YR 4.672 -0.006
10 YR 4.622 -0.004
30 YR 4.710 -0.022
Pricing as of: 4/19 5:04PM 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