Daily Newsletter: Friday August 5, 2016

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30 Year Fixed

                                                                3.41%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                2.75%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.59%
                                                                  
                                                                +0.0826

FNMA 30YR 3.5

                                                                105-12
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                104-27
                                                                  
                                                                -0-04

View Today's Rates

Friday August 5, 2016

Mortgage Rate Watch - 5:36PM

Mortgage Rates Jump Following Strong Jobs Data

Mortgage rates moved higher at the fastest pace in more than 3 weeks today, following a much stronger-than-expected jobs report. The Employment Situation is widely regarded as the single ...

MND NewsWire - 6:40PM

Changes Proposed to Calculation of HPML Appraisal Requirement Threshold

The Consumer Financial Protection Bureau, Office of Comptroller of the Currency (OCC), and the Federal Reserve are proposing technical changes to the method in which the financial threshold ...

MND NewsWire - 10:55AM

MBA Fine-Tunes Credit Access Index

The Mortgage Bankers Association (MBA) reported that its Mortgage Credit Availability Index increased by one point in July, and announced that its methodology for constructing the index ...

Pipeline Press - 10:49AM

Private Mortgage Insurance Company Results and News: Solid 2nd Quarter

“Q: How do you transfer funds even faster than electronic banking? A: By getting married!” That’s my attempt to ease into the news that the IRS increased the marriage ...

Latest Video

So what's the Fed gonna do?

Strong jobs report moves markets

Fed rate hike would be positive right now: Pro

More News from 'Around the Web'

www.cfpbmonitor.com - 12:55PM
CFPB Issues Final Rule Amending Mortgage Servicing Regulations
CNBC - 11:17AM
The big jobs number is a win for luxury housing
www.realtor.com - 11:17AM
America's New Small Towns: Housing Developments That Recreate Village Life
eyeonhousing.org - 11:17AM
The Number of Stories in Single-Family Homes Varies Across the Country
CNBC - 9:35AM
What's the real unemployment rate?
Reuters - 9:35AM
U.S. trade deficit rises to ten-month high in June
CNBC - 8:37AM
July jobs jump: Payrolls continue expansion
Bloomberg - 8:07AM
San Francisco Tech Surge Boosts Costs in High-End Building Boom
www.cfpbmonitor.com - 8:05AM
CFPB Proposes Changes to Higher-Priced Mortgage Loans Exemption Threshold

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.41%

+0.03

15 Yr FRM

2.75%

+0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.55%

+0.03

5/1 Yr ARM

2.85%

+0.02

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

3.43%

0.50

-0.05

15 Yr. Fixed

2.74%

0.50

-0.04

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.73%

0.50

-0.05

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

103-22

-0-09

30YR FNMA 3.5

105-12

-0-06

30YR GNMA 3.0

104-20

-0-11

30YR GNMA 3.5

106-04

-0-06

15YR FNMA 3.0

104-27

-0-04

15YR FNMA 2.5

103-15

-0-05

Treasuries

Yield

Change

2 YR

0.7261%

+0.0792

5 YR

1.1347%

+0.1032

10 YR

1.5885%

+0.0826

30 YR

2.3147%

+0.0593

Prices as of: 8/5/2016 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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