Daily Newsletter: Tuesday September 16, 2014

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30 Year Fixed

                                                                4.23%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.38%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.59%
                                                                  
                                                                +0.0055

FNMA 30YR 3.5

                                                                101-19
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                102-29
                                                                  
                                                                +0-01

View Today's Rates

Tuesday September 16, 2014

Mortgage Rate Watch - 3:12PM

Mortgage Rates Improve Modestly Before Important Fed Announcement

Mortgage rates experienced their first genuine improvement of the month today. The gains were nothing if not very small, but they ended an uncommonly long 11 business day streak of ...

MND NewsWire - 4:08PM

Housing Market Implications of Millennials Moving Out

As the U.S. economy improves and adds jobs, younger Americans-millennials-are slowly starting to move out from their parents' basements , where a record number of them have been living ...

Pipeline Press - 10:43AM

SEC Probe of Bankrate; AmeriSave & CertusBank; Impac, Macquarie, and Non-QM

How can we move forward as an industry when we can't even agree on how to pronounce the acronym for Truth-in-Lending? I have heard "TILA" pronounced "tee-luh" and also pronounced "till ...

MBS Commentary - 7:33AM

MBS Day Ahead: Today Suffers From One Major Issue: It's Not Tomorrow

What are we even supposed to do with today? Whether from the standpoint of market participant or market watcher, there's precious little to care about today when we all know it's tomorrow ...

Latest Video

Best places to live in America

Real estate's changing landscape: Barrack

Fed rethinking 'considerable time': Pro

More News from 'Around the Web'

CNN - 4:04PM
I lost my home and moved across town
Reuters - 4:03PM
Virginia sues 13 banks for $1 billion over alleged mortgage bond fraud
WSJ - 4:02PM
Why One Homeowner Refused City's Mortgage-Seizure Proposal
Bloomberg - 4:02PM
HUD Will Work With Lenders to Promote Homeownership, Castro Says - Bloomberg
CNBC - 2:43PM
BofA loses $6 bln in consumer fee cuts
CNBC - 1:11PM
Millennials start leaving parents' homes
Bloomberg - 1:11PM
Lawsky Opens Investigation into Predatory Lending - Bloomberg
WSJ - 1:11PM
Hilsenrath: How the Federal Reserve Could Tweak Considerable Time'
Reuters - 11:48AM
U.S. CEOs gloomier about hiring, spending plans: survey
WSJ - 11:48AM
Did Your Local Economy Beat the U.S. In 2013? This Chart Will Tell You
Reuters - 10:46AM
Bankrate reveals SEC probe, says CFO resigns
blog.redfin.com - 10:03AM
The Pros and Cons of a Large Condo Complex
Bloomberg - 9:01AM
Seattle Stiletto Tower Shows Bet on Mixed-Use Real Estate - Bloomberg
CNBC - 8:57AM
What to REALLY look for in Yellen's words
blogs.wsj.com - 8:55AM
The Case for Fed Patience on Rates
Reuters - 8:54AM
U.S. producer prices unchanged in August

Today's Comments

	MND NewsWire - 6:26PM "Is Wells Fargo survey credible or self-serving?..."
	MND NewsWire - 9:26AM "How would the survey be self-serving? It may be that too few people were polled to skew the survey but what purpose does the survey serve Wells Fargo?..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.23%

-0.01

15 Yr FRM

3.38%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.08%

-0.01

5/1 Yr ARM

3.24%

-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

4.27%

0.25

+0.02

15 Yr. Fixed

3.44%

0.28

-0.04

30 Yr. Jumbo

4.15%

0.23

-0.07

30 Yr. FHA

3.97%

0.08

-0.02

5/1 ARM

3.12%

0.45

-0.07

Freddie Mac **

30 Yr. Fixed

4.12%

0.50

+0.02

15 Yr. Fixed

3.26%

0.50

+0.02

1 Yr. ARM

2.45%

0.40

+0.05

5/1 Yr. ARM

2.99%

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

97-26

-0-01

30YR FNMA 3.5

101-19

-0-01

30YR GNMA 3.0

100-10

+0-02

30YR GNMA 3.5

103-05

-0-02

15YR FNMA 3.0

102-29

+0-01

15YR FNMA 2.5

100-12

+0-01

Treasuries

Yield

Change

2 YR

0.5402%

-0.0040

5 YR

1.7755%

-0.0149

10 YR

2.5942%

+0.0055

30 YR

3.3604%

+0.0214

Prices as of: 9/16/2014 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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