Daily Newsletter: Wednesday July 3, 2013

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30 Year Fixed

                                                                4.43%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                3.62%
                                                                  
                                                                +0.04

10YR Treasury

                                                                2.50%
                                                                  
                                                                +0.0339

FNMA 30YR 3.5

                                                                100-31
                                                                  
                                                                -0-14

FNMA 15YR 2.5

                                                                102-25
                                                                  
                                                                -0-09

View Today's Rates

Wednesday July 3, 2013

MND NewsWire - 9:08AM

Rising Rates Push Refi Activity to Lowest Level in Two Years

The numbers of mortgage applications fell again during the week ended June 28, the third consecutive week they have done so. The Mortgage Bankers Association (MBA) said this morning ...

Mortgage Rate Watch - 3:01PM

Mortgage Rates Higher Ahead of Holiday and Friday's Jobs Report

Mortgage rates moved higher today , and more convincingly compared to yesterday's moderate weakness. Despite the fact that this move is still in line with a broader 'leveling-off' process ...

Pipeline Press - 10:01AM

Basel III Approved by Fed - Watch Regulation Costs Rise; Fitch Addresses Nationstar Bonds; Apps Plummet

Okay, this week is dragging, many folks are off anyway, locks are bumping along the bottom, so I am going to switch things up a little, and put the joke first. In honor of tomorrow ...

MBS Commentary - 1:01PM

MBS MID-DAY: Bumpy Sideways Ride Heading Downhill Now

MBS Live : MBS Morning Market Summary Expectations for light liquidity on this holiday-shortened trading day were well-founded, as movements between highs and lows were coming quickly ...

Latest Video

Mortgage Rates Hit Refis

Jobs Report Countdown

Following the Flow of Money

More News from 'Around the Web'

WSJ - 3:53PM
Payrolls Could Share Spotlight with Global Events
Bloomberg - 3:48PM
Countrywide Board Should Face Investor Claims, Court Told - Bloomberg
CNBC - 3:47PM
Hiring Improves, but Don't Expect a Big Jobs Number
CNBC - 3:47PM
Expected Rotation Out of Bonds Rattles Hedge Funds
Reuters - 2:06PM
Anxiety high ahead of jobs data, traders guard against surprises
Bloomberg - 1:20PM
U.S. Bond Funds Have Biggest Redemptions Since 2007 - Bloomberg
www.cfpbmonitor.com - 1:12PM
CFPB data collection controversy continues
www.usnews.com - 1:10PM
Yet Another Opinion on Rising Rates Posing No Threat to Recovery
WSJ - 11:42AM
Surveys Highlight Changing Role for Investors in the Housing Market
freddiemac.mwnewsroom.com - 10:22AM
Freddie Mac: "Mortgage Rates Reverse Course and Tick Down"
Reuters - 8:36AM
Rise in mortgage rates cut into homebuyer demand last week
Bloomberg - 8:31AM
ADP Says Companies in US Added 188000 Workers in June
CNBC - 8:28AM
Homebuyer Demand Suffers as US Mortgage Rates Surge
CFPB - 8:25AM
Final list of rural and underserved counties for use in 2014

Today's Comments

	MBS Live Chat - 12:30PM "RTRS- US-BASED MUNICIPAL BOND FUNDS REPORT $7.68 BLN OUTFLOW OVER LATEST WEEK, MOST ON RECORD - ICI..."
	MBS Live Chat - 12:31PM "RTRS- US-BASED BOND MUTUAL FUNDS REPORT $28.1 BLN OUTFLOW IN WEEK ENDED JUNE 26, MOST ON RECORD - ICI..."
	MBS Live Chat - 12:34PM "is this a reaction to those bond flow #s MG?..."
	MBS Live Chat - 1:05PM "REPRICE : 1:05 PM - Pinnacle Worse..."
	MBS Live Chat - 1:46PM "REPRICE : 1:46 PM - Sun West Mortgage Worse..."
	MBS Live Chat - 1:50PM "REPRICE : 1:50 PM - BB&T Worse..."
	MBS Live Chat - 1:51PM "REPRICE : 1:51 PM - United Wholesale Mortgage Worse..."
	MBS Live Chat - 2:02PM "REPRICE : 2:02 PM - Caliber Funding Worse..."
	MBS Live Chat - 2:04PM "REPRICE : 2:04 PM - Flagstar Worse..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.43%

+0.06

15 Yr FRM

3.62%

+0.04

FHA 30 Year Fixed

4.25%

+0.04

Jumbo 30 Year Fixed

4.41%

+0.02

5/1 Yr ARM

3.03%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.03%

0.84

+0.07

30 Yr. Fixed

3.77%

1.20

+0.03

MBA **

30 Yr. Fixed

4.58%

0.43

+0.12

15 Yr. Fixed

3.64%

0.44

+0.09

30 Yr. Jumbo

4.68%

0.38

+0.16

30 Yr. FHA

4.27%

0.44

+0.07

5/1 ARM

3.33%

0.31

+0.27

Freddie Mac **

30 Yr. Fixed

4.29%

0.70

-0.17

15 Yr. Fixed

3.39%

0.70

-0.11

1 Yr. ARM

2.66%

0.40

+0.00

5/1 Yr. ARM

3.10%

0.70

+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

97-08

-0-17

30YR FNMA 3.5

100-31

-0-14

30YR GNMA 3.0

98-16

-0-16

30YR GNMA 3.5

101-26

-0-22

15YR FNMA 3.0

102-25

-0-09

15YR FNMA 2.5

100-05

-0-10

Treasuries

Yield

Change

2 YR

0.3632%

+0.0119

5 YR

1.4157%

+0.0407

10 YR

2.5032%

+0.0339

30 YR

3.4931%

+0.0193

Prices as of: 7/3/2013 2:05PM 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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