Daily Newsletter: Tuesday July 30, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.48%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.67%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.60%
                                                                  
                                                                +0.0115

FNMA 30YR 3.5

                                                                100-21
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                102-23
                                                                  
                                                                0-00

View Today's Rates

Tuesday July 30, 2013

MND NewsWire - 10:52AM

Home Prices Back to Spring 2004 Levels - Case-Shiller

S&P/Dow Jones Indices said this morning that its Case-Shiller 10-City and 20-City Composite Indices continued to rise in May, up 2.5 percent and 2.4 percent respectively from April ...

Mortgage Rate Watch - 3:10PM

Mortgage Rates Unchanged--Maybe Not for Long

Mortgage rates were essentially unchanged today , with some lenders in marginally better shape while others were marginally worse. Some of this discrepancy can be accounted for by mid ...

MND NewsWire - 9:57AM

Foreclosures Increase Again in June - CoreLogic

There were 55,000 completed foreclosures in the U.S. in June CoreLogic reported this morning. This is a 2.5 increase from May when there were a reported 53,000 bank repossessions but ...

Pipeline Press - 9:45AM

EverBank to Focus on Correspondent; CFPB on ECOA & ARM Disclosures; FHA MIP Disclosure Issues

Uh oh, just as I head to New York, this comes up. When the new MIP rules went into effect, disclosures needed to be updated. A very informal poll of correspondent investors indicates ...

Latest Video

Hot and cold housing markets

90 Seconds with Art Cashin: Taper is coming

Shiller: Stocks are in a bubble

More News from 'Around the Web'

Bloomberg - 4:13PM
FHFA Nominee Mel Watt Won't Get Vote Until September, Reid Says - Bloomberg
CNBC - 4:11PM
Housing market heats up but not at boiling point yet
Assoc. Mtg. Investors - 4:11PM
AMI Condemns Richmond, California's Actions and The Use of Eminent Domain in General
NMLS - 4:10PM
NMLS State and Federal Q1 Reports Released
DataQuick - 2:41PM
June Las Vegas Home Sale Press Release
National Housing Conference - 2:40PM
HUD issues new final HOME Program rule
CNN - 2:40PM
California city's drastic foreclosure remedy: Seizure
Washington Post - 1:35PM
A quick-and-dirty guide to the housing finance reform battle
Bloomberg - 1:33PM
Treasuries Face First July Loss in Eight Years: Chart of the Day - Bloomberg
Bloomberg - 1:31PM
American Capital Agency Rises as Mortgage REIT Minimizes Losses - Bloomberg
Washington Post - 12:10PM
Why we shouldn't think of central bankers as hawks and doves
Washington Post - 10:40AM
What the White House visitors' log tells us about the Fed race
www.philadelphiafed.org - 10:36AM
Leading Indexes Suggest Expansion in 38 States into the Fourth Quarter
CNBC - 10:35AM
Why I'm selling bonds ahead of the Fed
www.gallup.com - 9:31AM
In U.S., Economic Confidence Lowest Since Late April
CNBC - 9:18AM
Obama to pitch grand bargain deal
CNBC - 9:14AM
Wall Street pros believe a Fall taper is already priced into markets: CNBC survey
CNBC - 9:12AM
Why Wall St. is yawning over deficit: CNBC Survey
FHFA - 9:11AM
FHFA Index Shows Mortgage Interest Rates Climbing in June
CNBC - 9:11AM
Home prices jump 12.2% in May: Case-Shiller

Today's Comments

	MND NewsWire - 11:30PM "One more nail in the proverbial coffin for brokers. As regulations and fiscal requirements grow, and available loan channels dwindle, one has to wonder how long until CFPB gets their "wish" of regulating small lenders and brokers (didn't small business used to be America's economic engine??) out of the..."
	MND NewsWire - 9:55AM "It's definitely been a systematic, well orchestrated attack on small lenders and more specifically brokers. Dodd-Frank has carried the brunt of the burdens and now we have the luxury of the CFPB on the attack with rules and enforcement. And all the while, the big banks are garnering record profits and..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.48%

+0.01

15 Yr FRM

3.67%

+0.01

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.53%

+0.00

5/1 Yr ARM

3.25%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.80%

1.17

-0.23

30 Yr. Fixed

3.58%

1.37

-0.19

MBA **

30 Yr. Fixed

4.58%

0.40

-0.10

15 Yr. Fixed

3.63%

0.35

-0.07

30 Yr. Jumbo

4.66%

0.41

-0.15

30 Yr. FHA

4.28%

0.33

-0.10

5/1 ARM

3.30%

0.34

-0.09

Freddie Mac **

30 Yr. Fixed

4.31%

0.80

-0.06

15 Yr. Fixed

3.39%

0.80

-0.02

1 Yr. ARM

2.65%

0.40

-0.01

5/1 Yr. ARM

3.16%

0.70

-0.01

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

96-24

-0-06

30YR FNMA 3.5

100-21

-0-05

30YR GNMA 3.0

97-21

-0-10

30YR GNMA 3.5

101-18

-0-09

15YR FNMA 3.0

102-23

0-00

15YR FNMA 2.5

99-23

-0-01

Treasuries

Yield

Change

2 YR

0.3167%

+0.0000

5 YR

1.3880%

+0.0081

10 YR

2.6044%

+0.0115

30 YR

3.6696%

+0.0029

Prices as of: 7/30/2013 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe