Daily Newsletter: Tuesday June 17, 2014

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

                                                                4.24%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.37%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.65%
                                                                  
                                                                +0.0544

FNMA 30YR 3.5

                                                                101-22
                                                                  
                                                                -0-13

FNMA 15YR 2.5

                                                                103-02
                                                                  
                                                                -0-10

View Today's Rates

Tuesday June 17, 2014

MND NewsWire - 11:19AM

New Construction Activity Down Overall; Single Family Permits Improved

Building permits were issued in May at a rate that was 6.4 percent lower than that of April and housing starts also fell. Housing completions were up, Driven by a huge increase in the ...

Mortgage Rate Watch - 3:43PM

Mortgage Rates Higher Ahead of Fed

Mortgage rates erased yesterday's improvement, ending up back at levels consistent with the middle of last week. Stronger-than-expected inflation data fueled speculation that the Fed ...

MND NewsWire - 5:12PM

HUD OIG Touts Investigative, Auditing Successes

The Department of Housing and Urban Developments Office of Inspector General (HUD-OIG) has submitted its semi-annual report of its activities to Congress. The mandated report covers ...

Pipeline Press - 11:00AM

Supreme Court to Hear LO Overtime Case; Tons of Training and Events

Economists call it "wage source". In a nutshell, it's how you obtain your cash. Many work in order to fill their bank accounts; however, in the coming years, as more and more Americans ...

Latest Video

SunTrust agrees to nearly $1 billion settlement

Santelli Exchange: Unintended consequences

Santelli: What's impacting rates

More News from 'Around the Web'

Washington Post - 5:01PM
Wonkblog: Why the euro crisis still isn't over, in 1 chart
CNBC - 4:56PM
SunTrust Mortgage to pay nearly $1B
Reuters - 3:21PM
Yellen, future tightening in spotlight as U.S. Fed meets
CNBC - 2:02PM
A city's 'walkability' drives real estate values
Bloomberg - 1:50PM
Merrill Lynch Must Face $1 Billion Mortgage Suit, Court Says - Bloomberg
Bloomberg - 12:58PM
FHA Can Ease Credit and Remain Solvent, HUD Nominee Says - Bloomberg
Washington Post - 11:49AM
Wonkblog: The Fed disagrees on what to do nextand it hasn't even gotten to interest rates yet
CNBC - 10:31AM
CEOs trim estimates for GDP growth: Survey
Washington Post - 10:26AM
Wonkblog: Why HUD chief nominee Julian Castro should stress his workhorse credentials at his confirmation hearing
CNBC - 9:40AM
Floor trading has 'never been harder'
Google News - 9:32AM
Could our super-sized rental market be crowding out affordable housing opportunities?
CNBC - 9:31AM
Prices rise as housing starts stall
CNBC - 9:31AM
Fund managers eye property as equities get pricey
Bloomberg - 8:36AM
HUD Nominee Faces Senators as Housing Recovery Sputters - Bloomberg
CNN - 8:35AM
More homeowners becoming landlords
Reuters - 8:34AM
Futures gain ahead of data, start of Fed meeting
CNBC - 8:33AM
US bonds trade sideways, shaking off Iraq fears

Today's Comments

	MBS Live Chat - 11:06AM "are you guys having luck with income based repayment plans for student loans? they are reassessed every year, but presumably, the payment only goes up if they are making more money......"
	MBS Live Chat - 11:13AM "We were just notified of USDA changing their policy with respect to IBR, but I have not seen any change on other loan products...."
	MND NewsWire - 6:08PM "Didn't we try that already a few years ago with groups like Acorn and a few of the other 3rd parties that were "subsidizing" mortgages? When you have no skin in the game, it was just too easy for people to walk away...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.24%

+0.04

15 Yr FRM

3.37%

+0.03

FHA 30 Year Fixed

3.80%

+0.05

Jumbo 30 Year Fixed

4.07%

+0.04

5/1 Yr ARM

3.23%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.80%

1.10

+0.13

30 Yr. Fixed

4.67%

1.44

+0.13

MBA **

30 Yr. Fixed

4.31%

0.15

-0.02

15 Yr. Fixed

3.42%

0.06

-0.01

30 Yr. Jumbo

4.23%

0.16

-0.01

30 Yr. FHA

4.04%

-0.45

-0.02

5/1 ARM

3.13%

0.19

-0.01

Freddie Mac **

30 Yr. Fixed

4.20%

0.60

+0.06

15 Yr. Fixed

3.31%

0.50

+0.08

1 Yr. ARM

2.40%

0.40

+0.00

5/1 Yr. ARM

3.05%

0.40

+0.12

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

97-18

-0-13

30YR FNMA 3.5

101-22

-0-13

30YR GNMA 3.0

99-29

-0-16

30YR GNMA 3.5

103-04

-0-16

15YR FNMA 3.0

103-02

-0-10

15YR FNMA 2.5

100-20

-0-09

Treasuries

Yield

Change

2 YR

0.4837%

+0.0162

5 YR

1.7531%

+0.0550

10 YR

2.6532%

+0.0544

30 YR

3.4421%

+0.0455

Prices as of: 6/17/2014 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.

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