Daily Newsletter: Wednesday May 14, 2014

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30 Year Fixed

                                                                4.17%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.29%
                                                                  
                                                                -0.04

10YR Treasury

                                                                2.55%
                                                                  
                                                                -0.0644

FNMA 30YR 3.5

                                                                102-14
                                                                  
                                                                +0-15

FNMA 15YR 2.5

                                                                103-24
                                                                  
                                                                +0-09

View Today's Rates

Wednesday May 14, 2014

Mortgage Rate Watch - 3:40PM

Mortgage Rates hit New 2014 Lows

Mortgage rates fell today as the European Central Bank looks increasingly ready for a new round of easing in June. More accommodative monetary policy in Europe makes European government ...

MND NewsWire - 3:14PM

FHA Unveils Blueprint for Improving Credit Access

The Federal Housing Administration (FHA) says that qualified buyers are currently underserved by the housing market. The economic crisis significantly constrained credit, making it ...

MND NewsWire - 8:55AM

Refi Applications Increase at Fastest Pace in a Month

Mortgage applications activity rallied slightly for the second consecutive time during the week ended May 9. The Mortgage Bankers Association (MBA) said that mortgage application volume ...

MND NewsWire - 10:16AM

Falling Prices, Stable Mortgage Rates Boost Housing Affordability

Nearly two-thirds of all new and existing homes sold during the first quarter of 2014 were termed "affordable" by the National Association of Home Builders (NAHB)/Wells Fargo Housing ...

Latest Video

'Juiced' rates & housing affordability

Housing weaker than we think?

Santelli: Exploring central bank rabbit holes

More News from 'Around the Web'

CNBC - 4:47PM
'Shell shock' bond move's global impact
time.com - 3:24PM
This Mind-Blowing Debt Graphic Will Probably Make You Sad
DataQuick - 3:23PM
April Southland Home Sale Press Release
Reuters - 3:23PM
Mortgage servicer Green Tree failed compliance tests: monitor
WSJ - 3:09PM
Why Do Regulators Want to Ease Mortgage Standards?
Bloomberg - 2:33PM
Big Banks Said to Improve Loan Servicing Under Mortgage Accord
OCC - 2:21PM
Comptroller Discusses Bank Supervision of the Country's Dual Banking System
The Atlantic - 10:44AM
Are Student Loans Really Killing the Housing Market?
Market Watch - 10:42AM
Bond Report: 10-year yield sinks to six-month low
rss.nytimes.com - 8:39AM
Rent vs. Buy: How to Turn Renters Into Savers
Reuters - 8:39AM
Stock futures dip, with Dow, S&P off closing records
CNBC - 8:38AM
Drop in rates spurs rise in mortgage refinancing

Today's Comments

MBS Live Chat - 2:14PM

"yea savings looks to be very small, 27 per month on avg FHA loan. no idea what avg fha loan is however..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.17%

-0.05

15 Yr FRM

3.29%

-0.04

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.95%

-0.05

5/1 Yr ARM

3.21%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.80%

1.10

+0.13

30 Yr. Fixed

4.67%

1.44

+0.13

MBA **

30 Yr. Fixed

4.39%

0.22

-0.04

15 Yr. Fixed

3.48%

0.12

-0.04

30 Yr. Jumbo

4.29%

0.16

+0.00

30 Yr. FHA

4.09%

0.00

-0.04

5/1 ARM

3.17%

0.24

-0.04

Freddie Mac **

30 Yr. Fixed

4.21%

0.60

-0.08

15 Yr. Fixed

3.32%

0.60

-0.06

1 Yr. ARM

2.43%

0.40

-0.02

5/1 Yr. ARM

3.05%

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

98-11

+0-18

30YR FNMA 3.5

102-14

+0-15

30YR GNMA 3.0

100-14

+0-17

30YR GNMA 3.5

103-23

+0-13

15YR FNMA 3.0

103-24

+0-09

15YR FNMA 2.5

101-03

+0-09

Treasuries

Yield

Change

2 YR

0.3710%

-0.0120

5 YR

1.5674%

-0.0477

10 YR

2.5463%

-0.0644

30 YR

3.3767%

-0.0680

Prices as of: 5/14/2014 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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