Daily Newsletter: Tuesday October 14, 2014

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30 Year Fixed

                                                                3.96%
                                                                  
                                                                -0.12

15 Year Fixed

                                                                3.15%
                                                                  
                                                                -0.12

10YR Treasury

                                                                2.20%
                                                                  
                                                                -0.0902

FNMA 30YR 3.5

                                                                103-20
                                                                  
                                                                +0-15

FNMA 15YR 2.5

                                                                104-02
                                                                  
                                                                +0-10

View Today's Rates

Tuesday October 14, 2014

Mortgage Rate Watch - 4:56PM

Mortgage Rates Hit High 3's

Mortgage rates continued living the dream today, falling decisively past last week's lows to claim another instance of "best rates since June 2013." Today's move was exceptional compared ...

MND NewsWire - 1:58PM

CoreLogic takes a Second Look at Condo Comeback

In July Sam Khater, an economist at CoreLogic, wrote about the comeback of the condo market and how construction of units had increased from post-recession lows while the ability of ...

MBS Commentary - 7:34AM

MBS Week Ahead: Strongest Bond Market in Over a Year Tuned in to Stocks

The tendency for bond yields to move in concert with stock prices had been spottier before September's FOMC Announcement, but has been over since then. At the beginning of October, ...

MND NewsWire - 1:07PM

Profits Increase for Big 3; Wells Cites Mortgage Improvements

Three of the country's largest banks announced their profits for the third quarter on Tuesday. For Wells Fargo and Citigroup profits increased compared to those in the third quarter ...

Latest Video

Santelli: 30-year yield below 3%

Wells Fargo CFO: Equipped all cycle points

Gundlach: Deflation risks keep Fed on hold

More News from 'Around the Web'

CNBC - 5:29PM
Refinancing picking up, but no refi boom: Pro
CNBC - 5:29PM
Bonds are best investment in 2014, analyst says
The Atlantic - 4:22PM
Washington, D.C., Is Not the Most Expensive Place to Live in America
www.cfpbmonitor.com - 2:47PM
CFPB Proposes Changes to TILA-RESPA Integrated Disclosures Rule
Bloomberg - 1:57PM
Fannie Mae Common Shares Rally, Rebounding From Judge's Ruling - Bloomberg
WSJ - 1:57PM
Space Shift: As Wealthiest Flock to Supertall Condos, Offices Go Horizontal
CNBC - 12:40PM
Mortgage rates dip below 4 percent
Market Watch - 12:40PM
Capitol Report: At Wells Fargo and Chase, mortgage lending inches up
CNBC - 11:55AM
Gundlach: 2.20% should be the low on interest rates
NAHB - 11:03AM
New NAHB Study Shows Substantial Regional Differences in New Single-Family Home Characteristics
CNBC - 11:03AM
Wall St sheds light on Bill Gross reign
Washington Post - 11:03AM
The reason Americans are spending less
CNBC - 9:00AM
Citigroup posts earnings of $1.15 a share vs. $1.12 estimate
Bloomberg - 9:00AM
JPMorgan Swings to Profit as Debt-Trading Revenue Rises - Bloomberg
Reuters - 8:55AM
Wells Fargo profit rises 1.7 percent, mortgage originations increase
CNBC - 8:55AM
Americans face post-foreclosure hell
Bloomberg - 12:13AM
Treasury 30-Year Yield Falls Below 3% as Fischer Warns on Growth - Bloomberg
rss.nytimes.com - 12:09AM
Household Finances May Curb Holiday Spending

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.96%

-0.12

15 Yr FRM

3.15%

-0.12

FHA 30 Year Fixed

3.50%

-0.25

Jumbo 30 Year Fixed

3.87%

-0.10

5/1 Yr ARM

3.20%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.56%

1.13

-0.10

30 Yr. Fixed

4.37%

1.39

-0.16

MBA **

30 Yr. Fixed

4.30%

0.19

-0.03

15 Yr. Fixed

3.48%

0.32

-0.07

30 Yr. Jumbo

4.21%

0.29

-0.07

30 Yr. FHA

4.00%

0.15

-0.07

5/1 ARM

3.20%

0.37

-0.11

Freddie Mac **

30 Yr. Fixed

4.12%

0.50

-0.07

15 Yr. Fixed

3.30%

0.50

-0.06

1 Yr. ARM

2.42%

0.40

+0.00

5/1 Yr. ARM

3.05%

0.50

-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

100-18

+0-21

30YR FNMA 3.5

103-20

+0-15

30YR GNMA 3.0

102-14

+0-19

30YR GNMA 3.5

104-21

+0-12

15YR FNMA 3.0

104-02

+0-10

15YR FNMA 2.5

101-30

+0-12

Treasuries

Yield

Change

2 YR

0.3758%

-0.0561

5 YR

1.4469%

-0.0946

10 YR

2.2008%

-0.0902

30 YR

2.9562%

-0.0633

Prices as of: 10/14/2014 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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