Brought to you by marketnewsletters.com
CONTACT ME
Negative Reprices Increasingly Likely
  Mortgage Market ALERT
Dec 14, 2015 12:37 PM ET

MBS and treasuries have quickly moved to their worst levels of the day.  The FNMA 3.5 coupon is down 4 ticks from when most lenders issued rates this morning putting them in a position to consider repricing for the worse.

MBS / Treasury Market Data

UMBS 5.5
99.07
-0.04
UMBS 6.0
100.61
0.00
UMBS 6.5
101.97
-0.03
2 YR
4.6264
+0.0229
10 YR
4.2803
-0.0015
Pricing as of: 7/8 7:56PM 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 7.01% -0.02 --
15 Yr. Fixed 6.41% -0.03 --
30 Yr. FHA 6.48% -0.02 --
30 Yr. Jumbo 7.22% -0.02 --
5/1 ARM 7.03% -0.02 --
Source: Mortgage News Daily
Rate Change Points
30 Yr. Fixed 7.03% +0.09 0.62
15 Yr. Fixed 6.56% +0.09 0.54
30 Yr. FHA 6.90% +0.11 0.95
30 Yr. Jumbo 7.11% -0.01 0.50
5/1 ARM 6.38% +0.11 0.54
Source: The Mortgage Bankers Association
Rate Change Points
30 Yr. Fixed 6.95% +0.09 0.00
15 Yr. Fixed 6.25% +0.09 0.00
Source: Freddie Mac
CONTACT ME

Market Data

MBS Price Change
UMBS 5.5 99.07 -0.04
UMBS 6.0 100.61 0.00
UMBS 6.5 101.97 -0.03
GNMA 5.5 99.60 +0.01
GNMA 6.0 100.72 -0.02
GNMA 6.5 101.58 +0.04
US Treasuries Yield Change
2 YR 4.626 +0.023
5 YR 4.240 +0.012
10 YR 4.280 -0.002
30 YR 4.456 -0.030
Pricing as of: 7/8 7:56PM EST

Recent Housing Data

Value Change
Mortgage Apps Jun 12 208.5 15.58%
Building Permits Mar 1 1.46M -3.95%
Housing Starts Mar 1 1.32M -13.15%
New Home Sales Mar 1 693K 4.68%
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