Daily Newsletter: Wednesday October 15, 2014

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30 Year Fixed

                                                                3.90%
                                                                  
                                                                -0.06

15 Year Fixed

                                                                3.10%
                                                                  
                                                                -0.05

10YR Treasury

                                                                2.13%
                                                                  
                                                                -0.0667

FNMA 30YR 3.5

                                                                103-28
                                                                  
                                                                +0-08

FNMA 15YR 2.5

                                                                104-09
                                                                  
                                                                +0-07

View Today's Rates

Wednesday October 15, 2014

Mortgage Rate Watch - 5:03PM

Wildest Day in Years for Mortgage Rates

Mortgage rates went on a truly epic ride today. From the opening bell to the closing bell, the mortgage-backed-securities (MBS) that underlie mortgage rates covered more ground than ...

MBS Commentary - 2:24PM

MBS MID-DAY: One of the Craziest Days for Bond Markets, Ever

If you're just tuning in, bond markets are having a career day with 10yr yields currently operating near 2.06 after trading in the 2.2's yesterday and 2.4's last week. Fannie 3.0s ...

MND NewsWire - 1:08PM

CPFB Proposes Additional Changes to TILA-RESPA Rule

The Consumer Financial Protection Bureau (CFPB) has proposed further changes to the new consolidated Loan Estimate and Closing Disclosure Mortgage forms that are scheduled to go into ...

MND NewsWire - 10:22AM

Mortgage Application Rebound Continues as Rates Drop

A significant drop in mortgage rates triggered a surge in refinancing activity during the week ended October 10. The Mortgage Bankers Association (MBA) said its Market Composite Index ...

MBS Day Ahead: Another Test for Economic Data as Rate Rally Sets up Defenses

Latest Video

Mortgage rates plunging

Santelli Exchange: Capitulation levels

Santelli: Bit of capitulation in Treasurys

More News from 'Around the Web'

Washington Post - 4:20PM
How small changes to federal housing policy could make a big difference for poor kids
Market Watch - 3:15PM
Yellen said to voice confidence in U.S. outlook: report
SIFMA - 3:05PM
SIFMA Submits Key Recommendations to FHFA on Proposed Single GSE Security Structure
Washington Post - 12:35PM
Markets are panicking again. What's going on?
Bloomberg - 12:35PM
Debt Crisis Reawakens in European Bonds as Greece Roils Market - Bloomberg
CNBC - 12:34PM
Should you refinance TODAY?
CNN - 12:34PM
Bond limbo: How low can rates go?
CNBC - 10:45AM
Fed 'behind the curve': BlackRock's Fink
Washington Post - 10:44AM
Stocks plunge in early trading amid global worry, retail slump
CNBC - 10:43AM
Live blog: Markets in turmoil
Market Watch - 9:02AM
10-year Treasury yield falls to fresh 16-month low
Bloomberg - 8:50AM
German Yields Drop to Records With Peers on Bets Slump Worsening - Bloomberg
Reuters - 8:48AM
U.S. retail sales give cautionary sign on consumer demand
Reuters - 8:48AM
U.S. producer prices fall for first time in over a year
WSJ - 8:42AM
Why Mortgage Demand Was Better Than Initially Reported Last Year

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.90%

-0.06

15 Yr FRM

3.10%

-0.05

FHA 30 Year Fixed

3.45%

-0.05

Jumbo 30 Year Fixed

3.85%

-0.02

5/1 Yr ARM

3.18%

-0.02

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

4.20%

0.17

-0.10

15 Yr. Fixed

3.41%

0.28

-0.07

30 Yr. Jumbo

4.14%

0.10

-0.07

30 Yr. FHA

3.90%

0.08

-0.10

5/1 ARM

3.05%

0.38

-0.15

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

100-31

+0-13

30YR FNMA 3.5

103-28

+0-08

30YR GNMA 3.0

102-26

+0-12

30YR GNMA 3.5

104-25

+0-04

15YR FNMA 3.0

104-09

+0-07

15YR FNMA 2.5

102-09

+0-11

Treasuries

Yield

Change

2 YR

0.3195%

-0.0563

5 YR

1.3381%

-0.1088

10 YR

2.1341%

-0.0667

30 YR

2.9184%

-0.0378

Prices as of: 10/15/2014 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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