Daily Newsletter: Wednesday August 3, 2016

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30 Year Fixed

                                                                3.40%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.74%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.55%
                                                                  
                                                                -0.0069

FNMA 30YR 3.5

                                                                105-13
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-26
                                                                  
                                                                0-00

View Today's Rates

Wednesday August 3, 2016

Mortgage Rate Watch - 5:09PM

Mortgage Rates Edge Higher Despite Market Improvement

Mortgage rates were nominally higher today, though you'd be hard-pressed to find any evidence of that on lender rate sheets. For all practical purposes, rates haven't moved since last ...

Pipeline Press - 9:27AM

Money Laundering Discussion; AML Programs; Builder Trends

Huh? There is now a robot that can build a house in two days ? Sounds pretty good to me... It is certainly a step toward lessening the labor constraint problems that builders have. ...

MND NewsWire - 8:19AM

Another Slow Week for Mortgage Applications

Despite interest rates that were lower across the board mortgage applications activity sagged during the week ended July 29. The Mortgage Bankers Association (MBA) said its Market Composite ...

MBS Commentary - 9:13AM

MBS Day Ahead: Bonds Head to Tribal Council, Econ Data Casts Votes

Even if you're like me and have only watched survivor a few times, that's enough to understand the dynamic in bond markets today. Bonds can "survive" by holding under 1.59% in terms ...

Latest Video

Evans: One hike could be appropriate this year

Santelli Exchange: The 'error of margin'

ISM non-manufacturing index 55.5 (July) vs. 56.5 (May)

More News from 'Around the Web'

www.cfpbmonitor.com - 5:08PM
CFPB outlines future principles for loss mitigation
Reuters - 5:08PM
Fed's Kashkari says low inflation affords 'luxury' of low rates
Reuters - 5:08PM
Wells Fargo says no material impact from Brexit vote
Market Watch - 1:28PM
Fed's Evans is open to 1 interest rate hike in 2016
Washington Post - 12:17PM
A pervasive form of housing discrimination that's still legal
CNBC - 10:06AM
ISM non-manufacturing index hits 55.5 in July, versus 56 estimate
www.gallup.com - 9:38AM
U.S. Job Creation Remains at Post-Recession High in July
Reuters - 9:38AM
U.S. private sector adds 179,000 jobs in July: ADP
Bloomberg - 8:24AM
Where First-Time Homebuyers Can Go Big
Bloomberg - 8:23AM
Global Bond Market Rally Unravels as Japan Shows Limit to Demand
CNBC - 8:23AM
Is this the beginning of the end of negative yields?
NAFCU - 8:21AM
CFPB outlines principles for foreclosure prevention

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.40%

+0.01

15 Yr FRM

2.74%

+0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.53%

+0.00

5/1 Yr ARM

2.82%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.37%

1.26

-0.14

30 Yr. Fixed

3.95%

1.30

-0.16

MBA **

30 Yr. Fixed

3.82%

0.34

-0.05

15 Yr. Fixed

3.06%

0.33

-0.07

30 Yr. Jumbo

3.74%

0.31

-0.05

30 Yr. FHA

3.64%

0.25

-0.05

5/1 ARM

2.93%

0.22

+0.02

Freddie Mac **

30 Yr. Fixed

3.48%

0.50

+0.03

15 Yr. Fixed

2.78%

0.50

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.78%

0.50

+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

103-24

+0-02

30YR FNMA 3.5

105-13

+0-02

30YR GNMA 3.0

104-24

+0-06

30YR GNMA 3.5

106-05

+0-02

15YR FNMA 3.0

104-26

0-00

15YR FNMA 2.5

103-16

+0-02

Treasuries

Yield

Change

2 YR

0.6708%

-0.0080

5 YR

1.0718%

-0.0129

10 YR

1.5454%

-0.0069

30 YR

2.2949%

-0.0099

Prices as of: 8/3/2016 4:30PM 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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