Daily Newsletter: Monday July 8, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.63%
                                                                  
                                                                -0.10

15 Year Fixed

                                                                3.75%
                                                                  
                                                                -0.08

10YR Treasury

                                                                2.64%
                                                                  
                                                                -0.0892

FNMA 30YR 3.5

                                                                99-29
                                                                  
                                                                +0-30

FNMA 15YR 2.5

                                                                102-05
                                                                  
                                                                +0-19

View Today's Rates

Monday July 8, 2013

MBS Commentary - 5:04PM

MBS RECAP: Half of Friday's Losses Recovered

MBS Live : MBS Afternoon Market Summary On a trading day with no meaningful data or events, bond markets went calmly about their business--picked up at least half the pieces from Friday ...

Mortgage Rate Watch - 5:21PM

Mortgage Rates Bounce Back Modestly

Mortgage rates recovered roughly one third of the ground lost on Friday, though this varies from lender to lender. For the sake of perspective, today's improvement was one of the 3 ...

MND NewsWire - 2:34PM

Dodd-Frank Mortgage Rules Readiness Guide -CFPB

The Consumer Financial Protection Bureau's (CFPB's) Dodd-Frank Mortgage Rules Readiness Guide is now available to assist lending institutions evaluate whether they are ready for the ...

MND NewsWire - 1:41PM

Rising Prices, Rates Could Force Some Buyers off Fence

Americans participating in Fannie Mae's National Housing Survey were apparently not caught unawares by the recent spike in mortgage interest rates. The share of those participating ...

Latest Video

Rising Home Prices Help Borrowers

Santelli's Midday Bond Report

Higher Rates Hamper Housing Recovery?

More News from 'Around the Web'

Bloomberg - 6:35PM
Valley National Bank CEO Lipkin Elected New York Fed Director
CNBC - 4:31PM
FDIC to Tighten Capital Screws on Banks
CNBC - 4:27PM
U.S. Consumer Credit Up $19.6 Billion to $2.8 Trillion in May, Biggest Increase in a Year
Bloomberg - 2:42PM
Fed Says a Few Dealers Report Deterioration in MBS Market - Bloomberg
Bloomberg - 2:00PM
Fed Taper Would Swap Stimulus for U.S. Market Stability: Economy - Bloomberg
CNBC - 1:41PM
No Bubble-Like Housing Boom Now: Former Pulte CEO
FHFA - 12:40PM
FHFA: Refinance Volume Remains High In April Due to Low Interest Rates
www.treasury.gov - 10:52AM
System Taking Shape to Assign IDs for Financial Market Participants
www.lpsvcs.com - 10:40AM
LPS' May Mortgage Monitor: Largest Year-to-Date Drop in Delinquencies in 11 Years
NAHB - 10:25AM
255 Metros Listed as Improving Housing Markets in July
CNN - 8:41AM
Chinese buyers flood U.S. housing market

Today's Comments

	MBS Commentary - 2:40PM "How about "Friday, bloody Friday"?..."
	MBS Live Chat - 2:12PM "REPRICE : 2:12 PM - Stearns Lending Better..."
	MBS Live Chat - 2:11PM "REPRICE : 2:11 PM - Chase Better..."
	MBS Live Chat - 2:04PM "REPRICE : 2:04 PM - Wells Fargo (retail) Better..."
	MBS Live Chat - 12:16PM "80% of my business is new construction and i'm already having to restructure deals due to DTI..."
	MBS Live Chat - 10:43AM "which fannie 30yr coupon are we watching 4.0 or 4.5?..."
	MBS Live Chat - 10:43AM "4.0s..."
	MBS Commentary - 12:41AM "Floaters' Farewell Friday; End of an Era Friday; Formerly a Loan Officer Friday...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.63%

-0.10

15 Yr FRM

3.75%

-0.08

FHA 30 Year Fixed

4.45%

-0.11

Jumbo 30 Year Fixed

4.73%

-0.05

5/1 Yr ARM

3.22%

-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

4.58%

0.43

+0.12

15 Yr. Fixed

3.64%

0.44

+0.09

30 Yr. Jumbo

4.68%

0.38

+0.16

30 Yr. FHA

4.27%

0.44

+0.07

5/1 ARM

3.33%

0.31

+0.27

Freddie Mac **

30 Yr. Fixed

4.29%

0.70

-0.17

15 Yr. Fixed

3.39%

0.70

-0.11

1 Yr. ARM

2.66%

0.40

+0.00

5/1 Yr. ARM

3.10%

0.70

+0.02

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

95-30

+1-00

30YR FNMA 3.5

99-29

+0-30

30YR GNMA 3.0

96-26

+1-05

30YR GNMA 3.5

100-23

+1-05

15YR FNMA 3.0

102-05

+0-19

15YR FNMA 2.5

99-05

+0-23

Treasuries

Yield

Change

2 YR

0.3631%

-0.0357

5 YR

1.5075%

-0.0986

10 YR

2.6413%

-0.0892

30 YR

3.6410%

-0.0623

Prices as of: 7/8/2013 4:32PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe