Daily Newsletter: Wednesday August 12, 2015

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30 Year Fixed

                                                                3.96%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.21%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.15%
                                                                  
                                                                +0.0071

FNMA 30YR 3.5

                                                                103-24
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                103-28
                                                                  
                                                                +0-02

View Today's Rates

Wednesday August 12, 2015

Mortgage Rate Watch - 5:44PM

Mortgage Rates Hold Ground at Multi Month Lows

Mortgage rates were lower at first today, but most lenders sent out negative reprices in the afternoon, bringing rates back to unchanged levels. The bond markets that underlie mortgage ...

MND NewsWire - 9:06AM

Mortgage Application Volume Nearly as Flat as Rates

There was virtually no change in the overall volume of mortgage applications during the week ended August 7 compared to the previous week, mirroring similar week-over-week movement ...

MBS Commentary - 1:19PM

MBS MID-DAY: Another Overnight China-Inspired Rally, but Some Push-Back After Auction

Global markets' courtship phase with China's currency devaluation continued benefiting Treasuries overnight. While there was a slow, steady move back toward higher yields during the ...

Pipeline Press - 11:37AM

MI Update; Upcoming Events; Company Earnings Speak to Housing/Mortgage Market Health

”Rob, I've heard that the fines that a company pays to the CFPB are tax deductible. So therefore the money is just transferred from one government agency to another. True?" Fines ...

Latest Video

Santelli Exchange: Global debt crisis

The battle between stability and market forces: Pro

JOLTS: 5.249M job openings end of June

More News from 'Around the Web'

CNBC - 4:45PM
Market changes mind, again, about Fed
Calculated Risk Blog - 4:40PM
Sacramento Housing in July: Sales up 12%, Inventory down 11% YoY
www.wellsfargo.com - 2:49PM
Wells Fargo Third Quarter 2015 Earnings Information
WSJ - 2:49PM
Who May Get a Boost From New Overtime Rules
Bloomberg - 2:48PM
Wells Fargo Mortgage Chief Heid to Retire, Codel Promoted
CNBC - 12:50PM
McCulley to Fed: No more excuses
Bloomberg - 11:27AM
Here's the Recent History of the Chinese Yuan in One Big Chart
CNBC - 11:24AM
US job openings change little in June
CNBC - 11:08AM
Dudley: Policy can't fix labor market
CNBC - 9:01AM
Fed faces difficulty as yuan falls: Doll
WSJ - 8:46AM
Did the Mortgage-Fee Cut Help Borrowers?
Reuters - 12:32AM
Asia extends losses after shock yuan devaluation, dollar sought
CNBC - 12:31AM
China central bank yuan fix weakest since 2012
Calculated Risk Blog - 12:26AM
Wednesday: Job Openings

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.96%

+0.01

15 Yr FRM

3.21%

+0.00

FHA 30 Year Fixed

3.65%

+0.00

Jumbo 30 Year Fixed

3.75%

+0.01

5/1 Yr ARM

2.99%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.26%

1.25

-0.06

30 Yr. Fixed

3.90%

1.28

-0.03

MBA **

30 Yr. Fixed

4.23%

0.34

+0.00

15 Yr. Fixed

3.43%

0.34

+0.00

30 Yr. Jumbo

4.16%

0.33

-0.04

30 Yr. FHA

4.00%

0.17

-0.02

5/1 ARM

3.08%

0.41

-0.05

Freddie Mac **

30 Yr. Fixed

3.91%

0.60

-0.07

15 Yr. Fixed

3.13%

0.60

-0.04

1 Yr. ARM

2.54%

0.30

+0.02

5/1 Yr. ARM

2.95%

0.40

+0.00

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

100-18

-0-10

30YR FNMA 3.5

103-24

-0-08

30YR GNMA 3.0

101-24

-0-02

30YR GNMA 3.5

104-15

-0-00

15YR FNMA 3.0

103-28

+0-02

15YR FNMA 2.5

101-19

+0-02

Treasuries

Yield

Change

2 YR

0.6651%

-0.0120

5 YR

1.5200%

-0.0050

10 YR

2.1480%

+0.0071

30 YR

2.8366%

+0.0652

Prices as of: 8/12/2015 4:29PM 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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