Daily Newsletter: Tuesday July 29, 2014

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

                                                                4.18%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.32%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.46%
                                                                  
                                                                -0.0270

FNMA 30YR 3.5

                                                                102-17
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-13
                                                                  
                                                                +0-01

View Today's Rates

Tuesday July 29, 2014

Mortgage Rate Watch - 4:05PM

Mortgage Rates Slightly Lower; Volatility Ahead

Mortgage rates were slightly lower today, holding inside a low and narrow range that's been intact for nearly 2 weeks. The movement was small enough that some lenders are unchanged ...

MND NewsWire - 11:47AM

Seasonally-Adjusted Home Prices Declined in May

Home price gains continued to slow in May, posting smaller annual increases than In April the S&P Dow Jones Indices said today. The Indices' Case-Shiller 10-City Composite Index ...

Pipeline Press - 11:19AM

New Products; Regions Bank's Cuts; PHH, NationStar in the News; Radian/NAREB Partnership

My plan has always been pretty simple with my children: feed and clothe them in a loving home, make sure they get a college education followed by a good job, then at some point, send ...

MBS Commentary - 7:42AM

MBS Day Ahead: Last Day of Tame Data Before Things Get Serious

Yesterday proved to be anything but serious based on the narrow trading range. 10yr yields only used up half of the range they'd carved out on Friday and MBS, even less than that. With ...

Latest Video

Why are rates moving so low?

Robert Shiller: New anxieties at work

Gauging nation's housing market

More News from 'Around the Web'

freddiemac.mwnewsroom.com - 4:44PM
Freddie Mac 2014 Second Quarter Refinance Report
CFPB - 4:44PM
We've extended the comment period for our complaint narrative policy
CNBC - 4:04PM
Fed exit will end badly: Economist
CNBC - 4:03PM
US to sanction additional Russian banks
WSJ - 3:04PM
Russia Risk Propels Europe Bonds to Record Highs
WSJ - 2:35PM
Forward Guidance: What to Watch at This Week's Fed Meeting
Market Watch - 1:28PM
Treasurys extend gains after strong 5-year auction
Calculated Risk Blog - 12:05PM
House Prices: Real Prices and Price-to-Rent Ratio decline in May
CNBC - 10:59AM
US confidence soars to highest in nearly 7 years
Reuters - 10:56AM
U.S. homeownership rate falls to 19-year low in second quarter
WSJ - 10:56AM
Housing Slowdown? The Case-Shiller Index in Five Charts
CNBC - 10:55AM
European bond bulls run wild as yields plunge
www.bloombergview.com - 9:32AM
If You Can't Lose,You're a Loser
CNBC - 9:25AM
Why Trulia deal won't fix Zillow's stock for long
CNBC - 9:25AM
Home prices rise at slowest pace since Feb 2013
Bloomberg - 8:49AM
Million-Dollar US Housing Loans Surge to Record Level - Bloomberg
www.cfpbmonitor.com - 8:49AM
Update on certiorari petition in Texas FHA case

Today's Comments

	MBS Live Chat - 3:50PM "RTRS - U.S. SELLS $35 BLN 5-YEAR NOTES AT HIGH YIELD 1.720 PCT, AWARDS 28.92 PCT OF BIDS AT HIGH..."
	MBS Live Chat - 3:50PM "RTRS- U.S. 5-YEAR NOTES BID-TO-COVER RATIO 2.81, NON-COMP BIDS $50.47 MLN..."
	MBS Live Chat - 3:50PM "A- at least..."
	MBS Live Chat - 3:51PM "what would happen if Russia starts dumping treasuries in retaliation? Significant or de minimus..."
	MBS Live Chat - 3:51PM "someone else would be happy to buy them..."
	MBS Live Chat - 4:05PM "Russia has already sold some...had 150b in Oct of 2013, now only 111b..."
	MBS Live Chat - 4:06PM "http://mndne.ws/1nA8Yfl..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.18%

-0.02

15 Yr FRM

3.32%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.02%

-0.02

5/1 Yr ARM

3.22%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.56%

1.13

-0.10

30 Yr. Fixed

4.37%

1.39

-0.16

MBA **

30 Yr. Fixed

4.32%

0.16

+0.04

15 Yr. Fixed

3.40%

0.22

-0.02

30 Yr. Jumbo

4.24%

0.16

-0.02

30 Yr. FHA

4.02%

-0.03

+0.03

5/1 ARM

3.40%

0.22

-0.02

Freddie Mac **

30 Yr. Fixed

4.13%

0.60

+0.00

15 Yr. Fixed

3.26%

0.60

+0.03

1 Yr. ARM

2.39%

0.40

+0.00

5/1 Yr. ARM

2.99%

0.50

+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

98-23

+0-06

30YR FNMA 3.5

102-17

+0-05

30YR GNMA 3.0

100-22

+0-06

30YR GNMA 3.5

103-16

+0-05

15YR FNMA 3.0

103-13

+0-01

15YR FNMA 2.5

101-03

+0-02

Treasuries

Yield

Change

2 YR

0.5472%

+0.0431

5 YR

1.6881%

-0.0166

10 YR

2.4601%

-0.0270

30 YR

3.2264%

-0.0274

Prices as of: 7/29/2014 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.

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