Daily Newsletter: Friday August 8, 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

                                                                4.16%
                                                                  
                                                                -0.06

15 Year Fixed

                                                                3.29%
                                                                  
                                                                -0.04

10YR Treasury

                                                                2.42%
                                                                  
                                                                +0.0395

FNMA 30YR 3.5

                                                                102-17
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                103-16
                                                                  
                                                                -0-03

View Today's Rates

Friday August 8, 2014

Mortgage Rate Watch - 3:28PM

Mortgage Rates Start Strong, Fade in Afternoon

During the most normal of times in the mortgage world, rates will take cues mainly from economic data. The stronger the economy, the more rates move up and vice versa. The current dynamic ...

MND NewsWire - 3:08PM

Improving Financial Outlooks Could Help Housing - Fannie Survey

The gap between Americans who think it is a good time to buy a house and those who feel it is a good time to sell narrowed by six percentage points in July. This could indicate, Fannie ...

MND NewsWire - 12:52PM

The Second Housing Bubble You Didn't Even Know You Were Afraid of

The fear of a bubble, according to TransUnion in a study it released on Thursday basically boils down to fear of the unknown. There may exist a risk that has not even been identified; ...

MBS Commentary - 11:49AM

MBS MID-DAY: Treasuries hit Best Levels in More Than a Year; MBS Not so Much

There are plenty of big stories right now. In terms of broader markets, last night's announcement of US air strikes in Iraq was clearly the biggest. That was the catalyst for a move ...

Latest Video

US Treasurys down for the week

Santelli Exchange: 2% On 10-Year?

REITs on the rise

More News from 'Around the Web'

Market Watch - 4:19PM
U.S. launches new round of airstrikes in Iraq
CNBC - 4:18PM
Strategist: 'Fragile five' help keep US yields low
www.aei-ideas.org - 2:57PM
Will a new eurozone debt crisis ruin the rest of Obama's term?
Realtor.Org - 1:55PM
What's the Future of Real Estate?
CNBC - 12:55PM
REITs a much better bet than stocks
SIFMA - 12:54PM
SIFMA Submits Recommendations to FHFA on Guarantee Fees
CNBC - 10:36AM
Easier loans? Credit score changes affect millions
CNBC - 10:21AM
June wholesale inventories up 0.3%
CNBC - 9:14AM
US begins airstrikes against Iraq militants
Reuters - 9:14AM
U.S. productivity rebounds in second quarter, wage inflation muted
WSJ - 9:01AM
Jumbo Loans to Pay for Your Slice of Paradise
Bloomberg - 9:01AM
Ginnie Mae Reviews Rules for Services as Nonbanks Expand - Bloomberg
Reuters - 9:01AM
Futures turn positive after sharp overnight loss
Market Watch - 9:01AM
Bond Report: Treasury yields drop, on track for 14-month low
WSJ - 12:10AM
Two Fed Officials Stake Out Different Positions on Market Levels
www.whitehouse.gov - 12:09AM
Statement by the President
Reuters - 12:09AM
Asian shares skid as Obama confirms air strikes on Iraq
Reuters - 12:07AM
Obama authorizes limited air strikes in Iraq if needed
Bloomberg - 12:06AM
Fed's Reinvestment Plans Leave Uncertainty at Treasury - Bloomberg

Today's Comments

	MBS Live Chat - 1:42PM "Locked one this AM-->thank you AGAIN to MBS Live!..."
	MBS Live Chat - 2:53PM "Thanks MG, I snuck 3 locks in before that reprice...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.16%

-0.06

15 Yr FRM

3.29%

-0.04

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.00%

-0.05

5/1 Yr ARM

3.22%

-0.02

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

4.35%

0.22

+0.02

15 Yr. Fixed

3.51%

0.28

+0.04

30 Yr. Jumbo

4.26%

0.35

+0.04

30 Yr. FHA

4.06%

0.02

+0.03

5/1 ARM

3.32%

0.35

+0.01

Freddie Mac **

30 Yr. Fixed

4.14%

0.70

+0.02

15 Yr. Fixed

3.27%

0.60

+0.04

1 Yr. ARM

2.35%

0.50

-0.03

5/1 Yr. ARM

2.98%

0.50

-0.03

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

98-25

-0-04

30YR FNMA 3.5

102-17

-0-03

30YR GNMA 3.0

100-25

-0-03

30YR GNMA 3.5

103-22

-0-04

15YR FNMA 3.0

103-16

-0-03

15YR FNMA 2.5

101-02

-0-05

Treasuries

Yield

Change

2 YR

0.4481%

+0.0156

5 YR

1.6184%

+0.0213

10 YR

2.4221%

+0.0395

30 YR

3.2319%

+0.0080

Prices as of: 8/8/2014 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