Daily Newsletter: Monday July 29, 2013

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30 Year Fixed

                                                                4.47%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.66%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.59%
                                                                  
                                                                +0.0267

FNMA 30YR 3.5

                                                                100-26
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                102-23
                                                                  
                                                                +0-00

View Today's Rates

Monday July 29, 2013

MND NewsWire - 10:32AM

Pending Sales Dip from May's Seven-Year High

Rising interest rates and home prices are blamed for a slight dip in the number of pending sales in June the National Association of Realtors® (NAR) said today. NAR's Pending Home ...

MND NewsWire - 12:15PM

All-Time High Home Prices in Four Metro Areas

May home price rose 1.3 percent nationally on Lender Processing Services (LPS) Home Price Index (HPI) the company said today. The index is now at $226 compared to $223 in April. Year ...

Mortgage Rate Watch - 4:04PM

Mortgage Rates Rise Slightly to Begin Volatile Week

Mortgage rates were slightly higher to begin a week that could end with much bigger swings. Today, however, was relatively tame with market conditions reflecting a certain calm before ...

Pipeline Press - 9:38AM

Freddie's Risk-Sharing Deal; Jumbo Rate Discrepancies Across Channels; LO Affiliated Business Arrangements

I am visiting Montana, and Butte just wrapped up "Evil Knievel Days" over the weekend. (I had an acquaintance who was married to his sister - their kids called him "Uncle Evil." How ...

Latest Video

Economic data smorgasbord

Will Bernanke take the stand?

WSJ Analysis: Janet Yellen Most Prescient Forecaster

More News from 'Around the Web'

WSJ - 4:28PM
What Does 2010 Bernanke Vote Mean for Next Fed Nominee?
CNBC - 4:27PM
Stocks end lower as investors cautious ahead of Fed meeting
Bloomberg - 4:27PM
AIG to Return Deposits, Shut Bank Accounts in Dodd-Frank Retreat - Bloomberg
CNBC - 3:20PM
U.S. Treasury expects to issue $209 bln in debt this quarter
Reuters - 2:20PM
IMF approves $2.3 billion aid for Greece
Realtor.Org - 2:18PM
Why PATH' Approach to Fannie, Freddie Phase-out is Troubling
www.cfpbmonitor.com - 1:37PM
Commenters urge CFPB to revise proposed changes to Reg Z prohibition on financing credit insurance premiums
WSJ - 1:06PM
Analysis: Don't Blame Rising Rates for Lower Pending Home Sales
WSJ - 1:05PM
ECB Officials Want Central Bank to Publish Minutes
WSJ - 1:05PM
Should a Seller Pay Off a Debt Early?
Reuters - 11:54AM
Fed's Bernanke should testify in AIG bailout lawsuit: judge
www.cfpbmonitor.com - 11:52AM
CFPB issues ECOA baseline review procedures for examiners
www.lpsvcs.com - 10:49AM
LPS Home Price Index Report: May 2013 Transactions
CNBC - 10:47AM
The big macro-palooza: US jobs, growth and the Fed
CNBC - 10:18AM
Pending home sales drop 0.4 percent in June
www.freddiemac.com - 9:40AM
The True Value of Freddie Mac
CNBC - 8:30AM
Freddie Mac Appoints U.S. Bank as Global Agent on New Bond Note Offering
CNBC - 8:30AM
US Treasurys steady ahead of Fed meeting
CNBC - 8:29AM
Summers as next Fed Chief? Brace for market swings

Today's Comments

	MBS Live Chat - 2:29PM "It could be a really good or really bad..."
	MBS Live Chat - 2:33PM "one thing we know for sure is rates will move quickly..."
	MBS Live Chat - 2:43PM "is Genworth typically one of the MI companies not supported by most lenders under HARP?..."
	MBS Live Chat - 2:44PM "genworth seems fine. it is UGI that is tricky..."
	MBS Live Chat - 2:57PM "kind of a boring day today in the mbs markets..."
	MBS Live Chat - 2:58PM "wednesday - friday should be a lot more interesting..."
	MBS Live Chat - 2:58PM "no doubt - quiet before the storm. I still find it odd the Fed is releasing a decision BEFORE NFP. That's how the calendar plays out, I know. But imagine the number doesn't remotely support their arguments, one way or another. Unless they are already privvy... which they may be. I don't know the timing..."
	MBS Live Chat - 2:59PM "I would imagine the fed already knows the number..."
	MBS Live Chat - 2:59PM "I can understand the WH getting it the night before... but a few days. I don't know...."
	MBS Live Chat - 2:59PM "i don't think the Fed knows the number..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.47%

+0.03

15 Yr FRM

3.66%

+0.02

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.53%

+0.02

5/1 Yr ARM

3.26%

+0.02

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

4.58%

0.40

-0.10

15 Yr. Fixed

3.63%

0.35

-0.07

30 Yr. Jumbo

4.66%

0.41

-0.15

30 Yr. FHA

4.28%

0.33

-0.10

5/1 ARM

3.30%

0.34

-0.09

Freddie Mac **

30 Yr. Fixed

4.31%

0.80

-0.06

15 Yr. Fixed

3.39%

0.80

-0.02

1 Yr. ARM

2.65%

0.40

-0.01

5/1 Yr. ARM

3.16%

0.70

-0.01

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

96-30

-0-03

30YR FNMA 3.5

100-26

-0-02

30YR GNMA 3.0

97-31

-0-03

30YR GNMA 3.5

101-27

-0-03

15YR FNMA 3.0

102-23

+0-00

15YR FNMA 2.5

99-24

+0-02

Treasuries

Yield

Change

2 YR

0.3167%

+0.0000

5 YR

1.3799%

+0.0098

10 YR

2.5929%

+0.0267

30 YR

3.6667%

+0.0449

Prices as of: 7/29/2013 4:31PM 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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