Daily Newsletter: Monday August 11, 2014

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30 Year Fixed

                                                                4.17%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.30%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.42%
                                                                  
                                                                +0.0000

FNMA 30YR 3.5

                                                                102-09
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                103-16
                                                                  
                                                                -0-00

View Today's Rates

Monday August 11, 2014

Mortgage Rate Watch - 3:51PM

Mortgage Rates Hold Ground at Recent Lows

While mortgage rates didn't enjoy as strong of a move lower as US Treasuries last week, they were nonetheless right in line with their best levels since late June . Any time bond markets ...

MND NewsWire - 1:53PM

FHA Commissioner Galante Resigns

While HUD has yet to post an official announcement, multiple sources indicate Carol Galante has resigned as FHA Commissioner. David H. Stevens, her predecessor as Commissioner and current ...

Pipeline Press - 10:40AM

Catching Up with the MBA and CFPB on Privacy, RESPA-TILA, Reg. C, and Servicing Rules

Most professional baseball teams still have 30+ games left in their season (out of 162), and there is plenty of jockeying in the media regarding the playoffs. Baseball is filled with ...

MBS Commentary - 7:33AM

MBS Week Ahead: Time for Short Term Correction or Longer Term Bounce?

Even during the strongest moves lower for rates, we'll still see periodic weakness within the trend. In other words, if rates are falling and generally staying inside a trend channel ...

Latest Video

Rates gravitate higher in 2015: Economist

Fed's Fischer: Global recovery disappointing

Bonds at bubble levels: Pro

More News from 'Around the Web'

rss.nytimes.com - 4:19PM
Fed Vice Chairman Warns of Slow Growth
Bloomberg - 4:18PM
Realogy Forms Division to Manage Single-Family Rentals - Bloomberg
WSJ - 4:18PM
Higher Housing Costs Aren't Likely to Fade Soon, Cleveland Fed Study Says
Bloomberg - 4:17PM
Wells Fargo Said to Offer $1.3 Billion in Banks' Bad Debt - Bloomberg
Market Watch - 2:33PM
CFPB to bitcoin investors: You're in the Wild West'
Market Watch - 2:32PM
The job-growth lie
blog.redfin.com - 2:29PM
The Four C's of Borrowing
Calculated Risk Blog - 2:26PM
"Let's Improve, Not Ignore, Seasonal Adjustment of Housing Data"
www.aei-ideas.org - 12:39PM
The case against the Fed formally adopting the Taylor Rule
CNBC - 11:35AM
Putin: Russia coordinating Ukraine aid
Washington Post - 11:01AM
D.C. region's housing market struggling to gain momentum
Calculated Risk Blog - 11:00AM
Residential Property Values increased 8.0% year-over-year in June
CNBC - 9:51AM
Strategist: US in 'finite recovery'
Market Watch - 9:51AM
Europe Markets: Europe stocks rise as Ukraine tensions ease
Washington Post - 9:09AM
How student debt crushes your chances of buying a home
CNBC - 9:06AM
Pitfalls of newest credit score change
Calculated Risk Blog - 9:05AM
Fed's Fischer: "The Great Recession--Moving Ahead"
CNBC - 12:23AM
What we'll learn about the consumer this week
WSJ - 12:11AM
Construction Comeback Lags
rss.nytimes.com - 12:10AM
DealBook: Yields on 10-Year Treasuries Fall, Confounding the Experts

Today's Comments

MND NewsWire - 10:11AM

"Perhaps the truth is Millenials are more financially educated than we give them credit for. I cringe when I hear any mortgage professional use the word ‘home’ and ‘investment’ in the same sentence. I just don’t think we can honestly say anymore that housing is an ‘investment’. I’ve used this definition..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.17%

+0.01

15 Yr FRM

3.30%

+0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.01%

+0.01

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

3.56%

1.13

-0.10

30 Yr. Fixed

4.37%

1.39

-0.16

MBA **

30 Yr. Fixed

4.35%

0.22

+0.02

15 Yr. Fixed

3.51%

0.28

+0.04

30 Yr. Jumbo

4.26%

0.35

+0.04

30 Yr. FHA

4.06%

0.02

+0.03

5/1 ARM

3.32%

0.35

+0.01

Freddie Mac **

30 Yr. Fixed

4.14%

0.70

+0.02

15 Yr. Fixed

3.27%

0.60

+0.04

1 Yr. ARM

2.35%

0.50

-0.03

5/1 Yr. ARM

2.98%

0.50

-0.03

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

98-19

-0-06

30YR FNMA 3.5

102-09

-0-08

30YR GNMA 3.0

100-27

+0-02

30YR GNMA 3.5

103-23

+0-01

15YR FNMA 3.0

103-16

-0-00

15YR FNMA 2.5

101-04

+0-02

Treasuries

Yield

Change

2 YR

0.4441%

-0.0040

5 YR

1.6118%

-0.0066

10 YR

2.4221%

+0.0000

30 YR

3.2343%

+0.0024

Prices as of: 8/11/2014 4:32PM 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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