Daily Newsletter: Tuesday September 3, 2013

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30 Year Fixed

                                                                4.68%
                                                                  
                                                                +0.09

15 Year Fixed

                                                                3.77%
                                                                  
                                                                +0.08

10YR Treasury

                                                                2.86%
                                                                  
                                                                +0.0000

FNMA 30YR 3.5

                                                                99-07
                                                                  
                                                                0-00

FNMA 15YR 2.5

                                                                101-24
                                                                  
                                                                0-00

View Today's Rates

Tuesday September 3, 2013

MND NewsWire - 10:59AM

Home Prices Unfazed By Rising Rates in July

Home prices jumped by 1.8 percent nationally during the month of July. CoreLogic reported that values on its Home Price Index (HPI) which excludes sales of distressed homes, rose in ...

MND NewsWire - 4:36PM

Residential Construction Spending Stayed Strong in July

Construction contributed nearly a trillion dollars to the U.S. economy on a seasonally adjusted annualized basis in July, an increase of 0.6 percent from June and 5.2 percent from July ...

MND NewsWire - 1:07PM

HARP Demand Prevents Sharper Drop in Prepayments

Rising interest rates had apparently not heavily affected prepayment activity and thus, by inference, refinancing through July Lender Processing Services (LPS) said today. The company ...

Mortgage Rate Watch - 3:13PM

Mortgage Rates Begin Week Higher

Mortgage rates moved up to their highest levels since August 22nd today. moving sideways on average. 30yr Fixed rates for the most ideal scenarios ( best-execution ) are still most ...

Latest Video

ISM best in over 2 years

Futures Now: Bonds get busted

Markets react on Syrian concerns

More News from 'Around the Web'

The Atlantic - 4:20PM
The Myth of Part-Time America
Reuters - 4:17PM
Job growth seen accelerating, may cement Fed tapering
CNBC - 3:39PM
Breaking News from CNBC's Kayla Tausche: JPMorgan, Morgan Stanley Lead Largest-Ever Loan for Verizon Deal
Market Watch - 2:59PM
S&P says DOJ lawsuit was retaliation to downgrade
www.gallup.com - 2:19PM
U.S. Economic Confidence Lingers at Lower Level in August
www.ourbroker.com - 2:19PM
MARS Rule Changing Short Sales & Mortgage Relief
CNBC - 2:18PM
Obama makes his Syria case to Congress
www.cfpbmonitor.com - 1:32PM
D.C. Bar hosts presentation on CFPB enforcement priorities
FHFA - 12:35PM
Refinance Volume Down Slightly in Second Quarter
WSJ - 12:03PM
Researchers Look at How Greenspan Forged Fed Consensus
WSJ - 12:02PM
What's the Difference Between Jobless and Unemployed?
Reuters - 12:01PM
Obama launches push for support on Syria, calls for quick action in Congress
CNBC - 12:01PM
Boehner backs Obama on Syria
CNBC - 11:58AM
Larry Summers and the closing of the Obama mind
www.lpsvcs.com - 10:34AM
LPS' July Mortgage Monitor: Despite Interest Rate Hikes, Origination Volume Remains Stable
Bloomberg - 10:32AM
Construction Spending in U.S. Climbed in July to Four-Year High - Bloomberg
CNBC - 10:31AM
Home prices push past rising rates, says report
CNBC - 10:31AM
Stocks rally at open as immediate Syria worries ease
CNBC - 10:31AM
ISM manufacturing index drops to 55.7 vs. 54 est; construction spending up 0.6% vs. 0.4% est.
www.corelogic.com - 9:32AM
CoreLogic Reports July Home Prices Rise by 12.4 Percent Year Over Year

Today's Comments

	MBS Live Chat - 11:25AM "Boehner said he supports the president decision to attack Syria...."
	MBS Live Chat - 11:30AM "major stock reversal btw in case anyone paying attention..."
	MBS Live Chat - 11:32AM "Boehner saved us..."
	MBS Live Chat - 11:34AM "BOEHNER SAYS WILL SUPPORT OBAMA'S CALL FOR ACTION IN SYRIA, BELIEVES COLLEAGUES SHOULD DO THE SAME..."
	MBS Live Chat - 4:07PM "good loan officers on this site. referral well taken care of and referral source will be very happy. site helps business in many ways...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.68%

+0.09

15 Yr FRM

3.77%

+0.08

FHA 30 Year Fixed

4.36%

+0.09

Jumbo 30 Year Fixed

4.65%

+0.08

5/1 Yr ARM

3.21%

-0.04

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.44%

0.85

+0.40

30 Yr. Fixed

4.27%

1.09

+0.51

MBA **

30 Yr. Fixed

4.80%

0.41

+0.12

15 Yr. Fixed

3.84%

0.35

+0.13

30 Yr. Jumbo

4.78%

0.34

+0.04

30 Yr. FHA

4.52%

0.32

+0.12

5/1 ARM

3.50%

0.37

+0.06

Freddie Mac **

30 Yr. Fixed

4.51%

0.70

-0.07

15 Yr. Fixed

3.54%

0.70

-0.06

1 Yr. ARM

2.64%

0.40

-0.03

5/1 Yr. ARM

3.24%

0.50

+0.03

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

95-01

0-00

30YR FNMA 3.5

99-07

0-00

30YR GNMA 3.0

96-00

0-00

30YR GNMA 3.5

100-08

0-00

15YR FNMA 3.0

101-24

0-00

15YR FNMA 2.5

98-20

0-00

Treasuries

Yield

Change

2 YR

0.4224%

+0.0000

5 YR

1.6836%

+0.0000

10 YR

2.8613%

+0.0000

30 YR

3.7916%

+0.0000

Prices as of: 9/3/2013 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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