Daily Newsletter: Thursday July 10, 2014

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30 Year Fixed

                                                                4.15%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.28%
                                                                  
                                                                -0.04

10YR Treasury

                                                                2.54%
                                                                  
                                                                -0.0217

FNMA 30YR 3.5

                                                                102-20
                                                                  
                                                                +0-07

FNMA 15YR 2.5

                                                                103-21
                                                                  
                                                                +0-04

View Today's Rates

Thursday July 10, 2014

MND NewsWire - 3:58PM

Size and Face of Homeownership, Changed and Changing

Part 4 of the recent edition of the Harvard Joint Center on Housing Studies' report on the State of the Nation's Housing looks at the declining rate of homeownership in the U.S. which ...

Mortgage Rate Watch - 4:37PM

Mortgage Rates Fall Again; Near July Lows

Mortgage rates continued lower today , helped along this time by European markets. Although mortgage rates are most directly influenced by prices of mortgage-backed-securities (MBS ...

MND NewsWire - 11:23AM

MBA says New Home Sales up while Mortgage Applications Drop

Normal 0 false false false EN-US X-NONE X-NONE Applications for new home purchase mortgages declined in June for the second month in a row the Mortgage Bankers Association (MBA) said ...

MND NewsWire - 1:12PM

Buyers and Sellers Not on Same Page With Housing Market Reality

A recent survey by Redfin, the Seattle-based real estate company, found some substantial disconnects among buyers, sellers, and market reality. They are, the company said, not on the ...

Latest Video

Home sellers out of touch

Santelli Exchange: All roads lead to Treasurys

Closing Bell Exchange: Response to Portgual

More News from 'Around the Web'

rss.nytimes.com - 4:06PM
Economic Data Contradiction That Makes No Sense
CNBC - 4:06PM
Bank profits looking gloomy; here's why
WSJ - 4:00PM
Fed's George Sees Room For Rate Hikes This Year
Bloomberg - 3:59PM
Wells Fargo, BofA Overcome Miami Mortgage Race Bias Suit - Bloomberg
www.aei-ideas.org - 1:32PM
Wait, the eurozone financial crisis is still kind of a thing?
CNBC - 12:34PM
Homeowners: A new class of fools
SIFMA - 12:25PM
SIFMA Statement on Introduction of the 'Partnership to Strengthen Homeownership Act'
CNBC - 12:24PM
Housing still too expensive despite positive signs
Washington Post - 11:12AM
D.C. region's housing market remains stuck in the doldrums
Calculated Risk Blog - 11:12AM
Asking House Prices up 8.1% year-over-year in June
freddiemac.mwnewsroom.com - 11:11AM
Freddie Mac: Mortgage Rates See Little Movement
CNBC - 11:09AM
Take shelter! Housing remodeling boom may be done
Reuters - 9:19AM
U.S. jobless claims fall, point to healing in labor market
CNBC - 9:13AM
Watch French bonds for trouble: Trader
Market Watch - 8:34AM
Bond Report: 10-year Treasurys at 6-week high on Portugal banking trouble

Today's Comments

	MBS Live Chat - 8:27AM "This could be helping bonds move lower today: Worries over the financial health of a major Portuguese lender sent a wave of panic though the continent's markets, drubbing shares in Southern Europe and prompting companies to pull stock and bond offerings. Shares in Banco Espírito Santo have been under..."
	MBS Live Chat - 10:02AM "pricing has improved nicely this morning, about 30 bps..."
	MBS Live Chat - 1:54PM "I've been patiently waiting for the post supply rally. (tapping my foot.....)..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.15%

-0.03

15 Yr FRM

3.28%

-0.04

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.99%

-0.03

5/1 Yr ARM

3.22%

+0.00

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

4.32%

0.16

+0.04

15 Yr. Fixed

3.40%

0.22

-0.02

30 Yr. Jumbo

4.24%

0.16

-0.02

30 Yr. FHA

4.02%

-0.03

+0.03

5/1 ARM

3.40%

0.22

-0.02

Freddie Mac **

30 Yr. Fixed

4.15%

0.70

+0.03

15 Yr. Fixed

3.24%

0.60

+0.02

1 Yr. ARM

2.40%

0.40

+0.02

5/1 Yr. ARM

2.99%

0.40

+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

98-18

+0-05

30YR FNMA 3.5

102-20

+0-07

30YR GNMA 3.0

100-13

+0-03

30YR GNMA 3.5

103-17

+0-05

15YR FNMA 3.0

103-21

+0-04

15YR FNMA 2.5

101-13

+0-05

Treasuries

Yield

Change

2 YR

0.4601%

-0.0239

5 YR

1.6529%

-0.0230

10 YR

2.5359%

-0.0217

30 YR

3.3698%

-0.0100

Prices as of: 7/10/2014 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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