Daily Newsletter: Tuesday August 5, 2014

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30 Year Fixed

                                                                4.22%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.33%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.49%
                                                                  
                                                                +0.0036

FNMA 30YR 3.5

                                                                102-09
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                103-13
                                                                  
                                                                -0-02

View Today's Rates

Tuesday August 5, 2014

MND NewsWire - 11:21AM

Home Price Gains Cooling Quickly as Weather Warms -CoreLogic

The expected surge in the number of homes for sale has not yet materialized and the resulting tight supply is among the factors leading to higher prices. In a report released this morning ...

Mortgage Rate Watch - 3:18PM

Mortgage Rates Just Barely Higher; Some Afternoon Improvements

Mortgage rates were just slightly higher this morning. Bond markets (which set the tone for mortgage pricing) lost some ground overnight and remained under pressure after the morning ...

MND NewsWire - 9:40AM

New Jumbo ARMs Send Credit Access Index Higher

The Mortgage Bankers Association credited an increase in the number of jumbo adjustable rate mortgage (ARM) programs in July for a slight increase in its Mortgage Credit Availability ...

Pipeline Press - 10:59AM

New York Versus Ocwen - Again; The Cost of a Perfect Loan; Upcoming Training

The homeownership rate in the US fell again last quarter, to 64.7%, the lowest rate in almost 20 years . Separately, the rental vacancy rate fell to 7.5%. Every weekend babies are born ...

Latest Video

Larry McDonald: 10-year yield going to 2.2 percent

Market's knee-jerk reaction

Santelli Exchange: Hidden cost of bailouts

More News from 'Around the Web'

CNBC - 3:59PM
Yields are sending a disturbing message: Bond pro
WSJ - 2:36PM
NY Fed Announces New Test Program for Trading in Mortgage Securities
Market Watch - 1:02PM
The Technical Indicator: Charting a bearish technical turn
Washington Post - 1:02PM
Wonkblog: About 100 million Americans are now using credit unions. Should you join them?
Bloomberg - 1:02PM
Citigroup's $285 Million Settlement With Sec Approved by Judge - Bloomberg
www.aei-ideas.org - 12:28PM
Did cutting jobless benefits promote work? Not so much
CNBC - 12:19PM
Buying a new home? What a difference $1,000 makes
CNBC - 11:30AM
NYC real estate bubble ready to POP!
Reuters - 10:52AM
U.S. factory orders rise solidly in June, inventories slow
CNBC - 10:52AM
Goldman: 'Dramatic divergence' coming
Market Watch - 9:53AM
Bond Report: Treasurys snap two-day win streak
CNBC - 9:49AM
Home prices rise at slowest in 20 months
WSJ - 8:48AM
How Student Loans Are Shaping Mortgage Approvals

Today's Comments

	MBS Live Chat - 1:07PM "is FHA MI for jumbo 1.55%?..."
	MBS Live Chat - 1:08PM "yes. It is per ML 2013-04..."
	MBS Live Chat - 1:08PM "http://mndne.ws/16gRUsb..."
	MBS Live Chat - 2:00PM "What was the stock dive at 1:45 from? Putin comments?..."
	MBS Live Chat - 2:02PM "Comments from Poland about Russia..."
	MBS Live Chat - 2:03PM "Poland saying Russia to invade Ukraine..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.22%

+0.01

15 Yr FRM

3.33%

+0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.05%

+0.01

5/1 Yr ARM

3.24%

+0.00

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

4.12%

0.60

-0.01

15 Yr. Fixed

3.23%

0.70

-0.03

1 Yr. ARM

2.38%

0.40

-0.01

5/1 Yr. ARM

3.01%

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

98-13

-0-03

30YR FNMA 3.5

102-09

-0-02

30YR GNMA 3.0

100-15

-0-02

30YR GNMA 3.5

103-12

-0-02

15YR FNMA 3.0

103-13

-0-02

15YR FNMA 2.5

100-30

-0-02

Treasuries

Yield

Change

2 YR

0.4683%

+0.0000

5 YR

1.6676%

+0.0164

10 YR

2.4889%

+0.0036

30 YR

3.2888%

-0.0025

Prices as of: 8/5/2014 4:28PM 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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