Daily Newsletter: Monday August 25, 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

                                                                4.14%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.27%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.39%
                                                                  
                                                                -0.0159

FNMA 30YR 3.5

                                                                102-21
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                103-11
                                                                  
                                                                -0-02

View Today's Rates

Monday August 25, 2014

MND NewsWire - 2:20PM

Home Price Gains Decelerating

Home prices continued to increase in June but the Home Price Index (HPI) released by Black Knight Financial Services showed continued slowing in the rate of price growth. The national ...

MND NewsWire - 10:46AM

Sales in South Driving New Home Figures

New home sales were down again in July, declining by 2.4 percent from June to a seasonally adjusted annual rate of 412,000 units. But the June rate of 406,000 units reported last month ...

Mortgage Rate Watch - 3:25PM

Mortgage Rates Steady to Slightly Lower

Mortgage rates were steady for some lenders today, and slightly lower for others. The movement wasn't nearly enough to affect rates themselves, meaning the improvement was limited to ...

MBS Commentary - 7:40AM

MBS Day Ahead: Last Week of August; Second Look at GDP

Few pieces of domestic economic data have caught the attention of bond markets recently. That's not to say there haven't been short term reactions to various data surprises, but the ...

Subservicer Audit Program; What CFPB Consent Order Might Tell Us; Decent Housing Numbers Continue

Latest Video

New home sales fall in July

'Perfect storm' for housing?

Santelli Exchange: Global anxiety

More News from 'Around the Web'

WSJ - 4:21PM
A Few Fed Policy Answers From the Jackson Hole Sidelines
Washington Post - 3:18PM
Existing home sales are up, but new home sales are down. What's going on?
www.cfpbmonitor.com - 3:17PM
CFPB announces eClosing pilot program participants
CNBC - 3:17PM
S&P 2,000 milestone signaling further gains (amid warnings)
blog.hud.gov - 1:04PM
Creating Cities of Opportunity
CNBC - 12:06PM
Ukraine & Russia talks: Don't get your hopes up
Reuters - 10:19AM
U.S. new home sales fall again in July, supply increases sharply
www.lpsvcs.com - 10:19AM
Black Knight Home Price Index Report: June 2014 Transactions
CNBC - 8:50AM
Wall Street to watch for new home sales data
Bloomberg - 8:49AM
Europe Government Bonds Surge as Draghi Pushes ECB Closer to QE - Bloomberg
CNBC - 8:47AM
US bonds boosted by Jackson Hole, Yellen speech
Reuters - 8:47AM
Euro falls, stocks rise on ECB stimulus bet
www.freddiemac.com - 8:42AM
4 Signs the Economy Is Gradually Returning to Normal
Bloomberg - 12:03AM
Why Wall Street Can't Get Any Respect From Bond Market - Bloomberg
www.cfpbmonitor.com - 12:00AM
CFPB issues new mortgage servicing guidance

Today's Comments

	Pipeline Press - 11:51PM "Yeah, nothing like another potential government debt limit crisis combined with a contentious mid term election to keep boredom out of the mortgage industry! Ought to be an interesting next several months!..."
	MND NewsWire - 5:21PM "I can relate to the stuck in the mud borrower. CFPB is going to make life even more difficult in the future...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.14%

-0.01

15 Yr FRM

3.27%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.01%

-0.01

5/1 Yr ARM

3.21%

+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

4.35%

0.22

+0.00

15 Yr. Fixed

3.48%

0.30

-0.03

30 Yr. Jumbo

4.24%

0.19

-0.02

30 Yr. FHA

4.04%

0.03

-0.02

5/1 ARM

3.24%

0.45

-0.08

Freddie Mac **

30 Yr. Fixed

4.10%

0.50

-0.02

15 Yr. Fixed

3.23%

0.60

-0.01

1 Yr. ARM

2.38%

0.50

+0.02

5/1 Yr. ARM

2.95%

0.50

-0.02

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

99-02

+0-04

30YR FNMA 3.5

102-21

+0-02

30YR GNMA 3.0

101-01

+0-05

30YR GNMA 3.5

103-24

+0-03

15YR FNMA 3.0

103-11

-0-02

15YR FNMA 2.5

100-31

-0-01

Treasuries

Yield

Change

2 YR

0.5040%

+0.0121

5 YR

1.6697%

+0.0100

10 YR

2.3856%

-0.0159

30 YR

3.1330%

-0.0236

Prices as of: 8/25/2014 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