Daily Newsletter: Monday July 15, 2013

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30 Year Fixed

                                                                4.46%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.66%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.54%
                                                                  
                                                                -0.0412

FNMA 30YR 3.5

                                                                100-21
                                                                  
                                                                +0-14

FNMA 15YR 2.5

                                                                102-17
                                                                  
                                                                +0-07

View Today's Rates

Monday July 15, 2013

Mortgage Rate Watch - 5:14PM

Mortgage Rates Continue Lower After Retail Sales Data

Mortgage rates moved lower to start the week, adding on to last week's solid recovery from 2yr highs a week before. As expected, rates took their most meaningful cue from today's Retail ...

MND NewsWire - 9:22AM

Think Tanks Continue Feuding Over FHA

It would be a Hansel and Gretelian task to follow the back and forth between the American Enterprise Institute (AEI) and the Department of Housing and Urban Development (HUD) as the ...

Pipeline Press - 10:05AM

LO Overtime Ruling; Jumbo vs. Conforming Rates; Mortgage Companies' Many Risks

Sure lots of depository and non-depository lenders made big bucks last year. But what about this year? Probably not . Last week I was remiss in not reporting on an important HR and ...

MBS Commentary - 5:10PM

MBS RECAP: Uncharacteristically Smooth Sailing For Bond Markets

MBS Live : MBS Afternoon Market Summary Apart from the heavy volume that followed Retail Sales this morning, the day was quiet for Treasuries and especially for MBS. It's not impossible ...

Latest Video

The rise of $100 million homes

How high can yields rise?

Negative GDP ahead?

More News from 'Around the Web'

blog.hud.gov - 5:45PM
So, what exactly is a mortgage?
CNBC - 5:45PM
Boom times? $100 million home listings return
House Financial Services - 4:58PM
The PATH Act Sustains the 30-Year Fixed Rate Mortgage
CNBC - 4:57PM
For Rich, Real Estate Tax Breaks Abound
blogs.barrons.com - 3:09PM
BlackRock: Low Inflation Will Keep Interest Rates In Check
The Huffington Post - 3:06PM
PHOTOS: This Home Isn't What It Seems
WSJ - 3:04PM
Second Quarter Looking Uglier and Uglier
www.aei-ideas.org - 2:59PM
A bit more on the US government's big GDP revisions
Bloomberg - 1:46PM
EFSF Cut to AA+ by Fitch in Wake of France's Loss of Top Rating - Bloomberg
Reuters - 1:31PM
Starved of credit, construction suppliers lag housing rebound
Realtor.Org - 1:29PM
With BASEL III Out, a Big Win for Real Estate
www.fool.com - 12:14PM
Mortgage Rates Are Still Dirt Cheap
WSJ - 12:10PM
Secondary Sources: True Unemployment, Rising Rates, Underwater Mortgages
WSJ - 12:08PM
Check Please? Restaurant Spending Plummets in June
House Financial Services - 12:06PM
Time Change for Release of Fed Chairman's Testimony
NMLS - 10:21AM
District of Columbia New SAFE MLO Test
CNBC - 10:21AM
US business inventories rise 0.1 percent in May
CNBC - 9:24AM
Retail Sales Rise 0.4% in June; NY Manufacturing Activity Shows Growth
WSJ - 8:58AM
Housing Listings Multiply in June
CNBC - 8:27AM
Great rotation still a 'long way' off

Today's Comments

	Mortgage Rate Watch - 3:20PM "Thanks Mattew. Keeping my fingers crossed on the July meeting. Can't go back on the newhome that is scheduled to be completed in Dec...."
	MBS Live Chat - 3:49PM "REPRICE : 3:49 PM - Flagstar Better..."
	MBS Live Chat - 2:58PM "REPRICE : 2:58 PM - Wells Fargo (retail) Better..."
	MBS Live Chat - 2:11PM "REPRICE : 2:11 PM - Wells Fargo Better..."
	MBS Live Chat - 1:49PM "REPRICE : 1:49 PM - Sierra Pacific Better..."
	MBS Live Chat - 1:37PM "REPRICE : 1:37 PM - AMC Better..."
	MBS Live Chat - 1:20PM "REPRICE : 1:20 PM - Franklin American Better..."
	MBS Live Chat - 1:07PM "REPRICE : 1:07 PM - Provident Funding Better..."
	MBS Live Chat - 1:06PM "REPRICE : 1:06 PM - Plaza Better..."
	MBS Live Chat - 12:03PM "REPRICE : 12:03 PM - Franklin American Better..."
	MBS Live Chat - 11:53AM "REPRICE : 11:53 AM - PennyMac Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.46%

-0.04

15 Yr FRM

3.66%

-0.03

FHA 30 Year Fixed

4.25%

-0.05

Jumbo 30 Year Fixed

4.57%

-0.03

5/1 Yr ARM

3.27%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.80%

1.17

-0.23

30 Yr. Fixed

3.58%

1.37

-0.19

MBA **

30 Yr. Fixed

4.68%

0.46

+0.10

15 Yr. Fixed

3.76%

0.41

+0.12

30 Yr. Jumbo

4.86%

0.37

+0.18

30 Yr. FHA

4.37%

0.39

+0.10

5/1 ARM

3.40%

0.54

+0.07

Freddie Mac **

30 Yr. Fixed

4.51%

0.80

+0.22

15 Yr. Fixed

3.53%

0.80

+0.14

1 Yr. ARM

2.66%

0.50

+0.00

5/1 Yr. ARM

3.26%

0.70

+0.16

Current Mortgage Rates »

* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.

Secondary Markets

MBS

Price

Change

30YR FNMA 3.0

96-29

+0-15

30YR FNMA 3.5

100-21

+0-14

30YR GNMA 3.0

98-02

+0-20

30YR GNMA 3.5

101-26

+0-17

15YR FNMA 3.0

102-17

+0-07

15YR FNMA 2.5

99-24

+0-09

Treasuries

Yield

Change

2 YR

0.3349%

-0.0081

5 YR

1.3799%

-0.0376

10 YR

2.5428%

-0.0412

30 YR

3.5977%

-0.0311

Prices as of: 7/15/2013 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

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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