Daily Newsletter: Thursday June 19, 2014

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30 Year Fixed

                                                                4.20%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.33%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.63%
                                                                  
                                                                +0.0362

FNMA 30YR 3.5

                                                                102-05
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                103-15
                                                                  
                                                                +0-03

View Today's Rates

Thursday June 19, 2014

Mortgage Rate Watch - 5:10PM

Mortgage Rates Barely Lower after Volatile Day

Mortgage rates moved very slightly lower today depending on the lender. Some lenders had passed along fairly aggressive improvements with mid-day reprices yesterday. In those cases ...

MND NewsWire - 2:37PM

Originators May be Overlooking This Niche

A housing industry that remains focused on originating safe primary mortgages may be overlooking a new purchase money niche "ready for the tapping." According to Fannie Mae's Housing ...

MND NewsWire - 11:51AM

Headwinds for Housing Overall, but Some Markets are Hot -Freddie Mac

As a rule, it isn't good when economists use words like "sluggish" and "lackluster," the very terms that crept into the opening paragraph of Freddie Mac's June 2014 U.S. Economic & ...

Pipeline Press - 10:26AM

Ex-Fannie CEO now Prospect's CEO; Force-Placed Insurance Primer; BNY Mellon's New Mortgage Securitization Plan

"My friend has a lifesaving tool in her car which is designed to cut through a seat belt if she gets trapped. She keeps it in the car trunk." Sometimes even the things that make the ...

Latest Video

Why Wells Fargo's top strategist is still bearish

What Yellen told the bond market

President Obama: Increasing support of Iraqi security forces

More News from 'Around the Web'

Bloomberg - 3:36PM
Pimco's Gross Wagering on Low Volatility in 'New Neutral' - Bloomberg
www.cfpbmonitor.com - 2:07PM
New CFPB initiatives to prevent elder financial abuse and improve financial literacy
CNBC - 2:06PM
Obama: US prepared to take action if needed in Iraq
WSJ - 2:06PM
St. Louis Fed Financial Stress Gauge Hits a Record Low
housingindustryforum.com - 11:59AM
Second Home Buyers: They Do Exist!
CNBC - 11:55AM
House for sale. Asking price: 2,826 bitcoins
www.aia.org - 10:14AM
Accessibility & Outdoor Property Improvements Top List of Popular Home Characteristics
www.philadelphiafed.org - 10:13AM
Recent Economic Releases: June 2014 Business Outlook Survey
freddiemac.mwnewsroom.com - 10:13AM
Fixed Mortgage Rates Down Slightly
CNBC - 9:31AM
Natural disasters don't dissuade home buyers
Reuters - 9:09AM
Jobless claims fall, point to firming labor market
newsroom.transunion.com - 9:09AM
TransUnion Analysis Finds Reporting of Rental Payments Could Benefit Renters in Just One Month
Market Watch - 9:07AM
Treasurys extend rally after jobless claims
blog.redfin.com - 9:06AM
What's Up with the Flipping Market?!
Washington Post - 9:06AM
Wonkblog: It's time to declare QE3 effectively over
WSJ - 9:06AM
Yellen To Market: Don't Be So Sure of Yourself

Today's Comments

	MBS Live Chat - 8:56AM "bit of a tangent I suppose. In the next version of the site, OT will be easier to find without having to go through all the set-up...."
	MBS Live Chat - 8:56AM "next version? how could you improve on this already amazing site, MG?..."
	MBS Live Chat - 8:57AM "We're implementing all the feedback we've received over the past 2 years. You guys should enjoy it. Coming Soon™..."
	MBS Live Chat - 1:02PM "Obama to speak in 15 minutes on Iraq, was supposed to be at 1230 but delayed for some reason..."
	MBS Live Chat - 1:31PM "All this current volatility due to pending Obama speech?..."
	MBS Live Chat - 1:42PM "here's my best guess on the market movement: original speech was scheduled for 12:30pm. Then it was pushed back to 1:15pm, As 1:15pm approached with no sign up POTUS, markets got nervous. The sharpest move to cash was at 1:16pm in both stocks and bonds. Not the most triumphant conclusion, but possibly..."
	MBS Live Chat - 2:55PM "I would not be surprised if we got another mid-day price for better from a few.. just don't see us breaking out to the upside right now or outside this trading range. my 2cents :)..."
	MBS Live Chat - 2:56PM "with as much as lenders took away with these reprices, it sure seems like they could all reprice better now..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.20%

-0.01

15 Yr FRM

3.33%

-0.01

FHA 30 Year Fixed

3.75%

-0.01

Jumbo 30 Year Fixed

4.02%

-0.01

5/1 Yr ARM

3.25%

+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

4.17%

0.60

-0.03

15 Yr. Fixed

3.30%

0.50

-0.01

1 Yr. ARM

2.41%

0.40

+0.01

5/1 Yr. ARM

3.00%

0.40

-0.05

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

97-30

-0-04

30YR FNMA 3.5

102-05

-0-01

30YR GNMA 3.0

100-01

-0-05

30YR GNMA 3.5

103-10

-0-01

15YR FNMA 3.0

103-15

+0-03

15YR FNMA 2.5

101-01

+0-02

Treasuries

Yield

Change

2 YR

0.4557%

+0.0041

5 YR

1.6851%

+0.0084

10 YR

2.6278%

+0.0362

30 YR

3.4702%

+0.0635

Prices as of: 6/19/2014 4:30PM 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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