Daily Newsletter: Wednesday August 27, 2014

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30 Year Fixed

                                                                4.11%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.26%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.36%
                                                                  
                                                                -0.0407

FNMA 30YR 3.5

                                                                102-27
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                103-17
                                                                  
                                                                +0-04

View Today's Rates

Wednesday August 27, 2014

Mortgage Rate Watch - 4:35PM

Mortgage Rates Closing in on 2014 Lows

Mortgage rates fell by an almost imperceptible amount today. Some lenders were actually unchanged or slightly higher. The actual NOTE rates quoted today would be identical to yesterday ...

MND NewsWire - 1:16PM

Housing Market Normalizing... Very Slowly

Freddie Mac said today that the housing recovery continues to be a primarily local phenomenon . While markets with strong economies and favorable demographics are continuing to improve ...

MND NewsWire - 9:52AM

Mortgage Applications Rise despite Directionless Rates

Applications for both home purchase and refinancing increased during the week ended August 22. The Mortgage Bankers Association said that its Market Composite Index, a measure of application ...

MND NewsWire - 1:11PM

Home Price Increases Lower than Inflation in Some Areas

Home prices have now increased on a quarterly basis 12 consecutive times. The Federal Housing Finance Agency (FHFA) said yesterday that the 12 th increase in its purchase-only seasonally ...

Latest Video

People too optimistic about 2015 housing: Economist

Santelli Exchange: Fed & monetary velocity

Santelli Exchange: Relative value trade

More News from 'Around the Web'

Reuters - 4:48PM
JPMorgan attacked by Russian computer hackers: report
PR Newswire - 4:46PM
CoreLogic Reports 45,000 Completed Foreclosures in July
CNBC - 2:50PM
Two big problems in the job market
DataQuick - 1:19PM
July Las Vegas Region Home Sales Press Release
WSJ - 1:18PM
New Proposal Could Raise Mortgage Costs, Report Says
CNBC - 11:15AM
CBO: 2014 budget deficit projected $506B
webfeeds.brookings.edu - 11:13AM
The Federal Debt: All You Need to Know in Three Minutes
freddiemac.mwnewsroom.com - 10:26AM
Housing Markets Stabilizing, Fundamentals Normalizing
Washington Post - 8:41AM
Why immigrants weathered the housing bust better than the U.S.-born population
CNBC - 8:40AM
US mortgage volume ekes out gain on tiny drop in rates
WSJ - 1:42AM
2008 Meltdown Was Worse Than Great Depression, Bernanke Says
WSJ - 1:38AM
Strategies for Pricing Your Home
CNBC - 1:33AM
This central bank may call bond yields for now
Reuters - 1:33AM
Euro close to cracking on ECB talk, shares on the up

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.11%

-0.02

15 Yr FRM

3.26%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.98%

-0.02

5/1 Yr ARM

3.21%

-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

+0.00

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

99-12

+0-08

30YR FNMA 3.5

102-27

+0-06

30YR GNMA 3.0

101-08

+0-07

30YR GNMA 3.5

103-29

+0-06

15YR FNMA 3.0

103-17

+0-04

15YR FNMA 2.5

101-06

+0-05

Treasuries

Yield

Change

2 YR

0.5157%

+0.0198

5 YR

1.6365%

-0.0249

10 YR

2.3573%

-0.0407

30 YR

3.1008%

-0.0582

Prices as of: 8/27/2014 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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