Daily Newsletter: Wednesday September 3, 2014

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30 Year Fixed

                                                                4.14%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.28%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.40%
                                                                  
                                                                -0.0213

FNMA 30YR 3.5

                                                                102-27
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                103-21
                                                                  
                                                                +0-04

View Today's Rates

Wednesday September 3, 2014

Mortgage Rate Watch - 3:56PM

Mortgage Rates Just Slightly Higher; Volatility Ahead

Mortgage rates started the day heading higher after overnight news of a potential ceasefire in Ukraine caused investors to quickly sell safe-haven assets. The mortgage-backed-securities ...

MND NewsWire - 9:16AM

Mortgage Applications Stagnant Through Last Week of Summer

Mortgage applications were virtually unchanged during the week ended August 29. The Mortgage Bankers Association said that its Market Composite Index, a measure of application volume ...

Pipeline Press - 9:33AM

FHFA & FHLB System Square Off; Moody's to Change Rating Methodology?

September... ugh. Most latitudes in the U.S. are losing 2-3 minutes a day of daylight; in Anchorage they lose 5-6 minutes a day, Key West only about 1 minute. I mention this because ...

MBS Commentary - 12:40PM

MBS MID-DAY: Bond Markets Bounce Back After Ukraine Ceasefire Headlines

Today's entire trading session centers on one key event: an overnight announcement that a Ukraine Ceasefire had been agreed to by both 'sides.' Bond markets tanked immediately with ...

Latest Video

Santelli: Markets telling investors something loudly

Chinese building US housing

Bove's mortgage crisis call a 'dramatic overreaction'

More News from 'Around the Web'

www.aei-ideas.org - 4:46PM
Tightening too soon: 4 central bank errors in 4 charts
WSJ - 4:46PM
The Fed's Beige Book: We Read It So You Don't Have To
Washington Post - 4:44PM
The housing bust turned more renters and homeowners into neighbors
WSJ - 3:20PM
Toll Brothers Sees Lofty Prices Turning Off Buyers
CNBC - 3:20PM
Ukraine war boosts US real estate deals
Market Watch - 3:19PM
Fed Beige Book sees no shift in moderate growth pace
www.justice.gov - 3:13PM
Michigan Man Sentenced for Mortgage Fraud Conspiracy Using Straw Home Buyers
CNBC - 3:12PM
Correction coming? Pro says market run isn't over
The Big Picture - 1:51PM
Case-Shiller Housing Data: % Off Highs & Lows
WSJ - 1:50PM
Is It Finally Time to Refinance?
Bloomberg - 12:00PM
Toll Falls After Luxury-Home Builder's Orders Decrease - Bloomberg
CNBC - 10:28AM
July factory orders get big kick from transports
CNN - 10:26AM
Why you should worry about Europe
www.cfpbmonitor.com - 10:23AM
CBO issues cost estimates for three House bills to promote greater CFPB transparency and accountability
Bloomberg - 9:26AM
Treasuries Drop a Third Day on Ukraine Cease-Fire Talks Reports - Bloomberg
Bloomberg - 9:24AM
JPMorgan Sees ECB Buying Up to $53 Billion of Asset-Backed Bonds - Bloomberg
CNBC - 9:23AM
Just what are the ECB's bond-buying options?
WSJ - 12:51AM
How to Own 1/12 of a Home
CNN - 12:51AM
Baby Boomers face big housing crunch

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.14%

+0.01

15 Yr FRM

3.28%

+0.00

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.02%

+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

+0.00

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

+0.00

15 Yr. Fixed

3.25%

0.60

+0.02

1 Yr. ARM

2.39%

0.50

+0.01

5/1 Yr. ARM

2.97%

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

99-09

+0-06

30YR FNMA 3.5

102-27

+0-06

30YR GNMA 3.0

101-07

+0-06

30YR GNMA 3.5

103-31

+0-07

15YR FNMA 3.0

103-21

+0-04

15YR FNMA 2.5

101-09

+0-05

Treasuries

Yield

Change

2 YR

0.5198%

-0.0078

5 YR

1.6758%

-0.0098

10 YR

2.3998%

-0.0213

30 YR

3.1427%

-0.0334

Prices as of: 9/3/2014 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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