Daily Newsletter: Wednesday September 17, 2014

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30 Year Fixed

                                                                4.25%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.40%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.62%
                                                                  
                                                                +0.0238

FNMA 30YR 3.5

                                                                101-16
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                102-27
                                                                  
                                                                -0-02

View Today's Rates

Wednesday September 17, 2014

Mortgage Rate Watch - 5:30PM

Mortgage Rates at 1.5 Month Highs After Fed

Mortgage rates moved higher at a moderate pace today after the Fed reiterated their intentions regarding the gradual tightening of monetary policy. That policy has been one of the key ...

MND NewsWire - 11:33AM

Builder Confidence at near Nine Year High

A four point jump in September has taken the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) to its highest reading since November of 2005. The increase ...

MND NewsWire - 9:17AM

Mortgage Applications Rebound, Offsets Labor Day Losses

The week ended September 12 saw the losses in application volume which occurred during the previous week which was shortened by the Labor Day holiday mostly reversed. Mortgage application ...

MBS Commentary - 5:19PM

MBS RECAP: Stronger Start Followed by FOMC Sell-Off Leaves MBS Only Slightly Weaker

As far as Fed days go, this one was pretty tame. That's especially true if we consider the amount of hype and anxiety associated with this particular Fed day. The total gap between ...

Latest Video

Fed mildly hawkish: Pro

Conditions for ending QE next month

Home builder confidence jumps to 59

More News from 'Around the Web'

WSJ - 4:37PM
Thinking About A New Home? Builders Throw in Freebies To Lure Buyers
WSJ - 4:37PM
Economists React to the Fed: Dovish Statement, Hawkish Projections
WSJ - 3:52PM
5 Takeaways From the Fed September Meeting
WSJ - 3:51PM
Most Federal Reserve Officials Still See First Rate Hike In 2015
Market Watch - 3:43PM
Wells Fargo CEO 'optimistic' on U.S. economy, 'bullish' about the future
PR Newswire - 2:15PM
Caliber Home Loans Announces Acquisition Of Cobalt Mortgage
CNBC - 2:15PM
Fed will end QE in Oct., 'considerable time' stays
CNBC - 1:41PM
FTC, CFPB against payday lenders
www.cfpbmonitor.com - 1:39PM
Florida and Connecticut AGs file lawsuit asserting Dodd-Frank enforcement authority
The Big Picture - 1:39PM
What Happens if the FOMC Gets Too Hawkish?
Bloomberg - 12:18PM
Radian Leads Mortgage Insurer Rally as Compass Point Says Buy - Bloomberg
Washington Post - 12:18PM
How the pay gap leads to the retirement savings gap
CNN - 11:05AM
Holder wants to boost payouts for Wall Street whistleblowers
Google News - 10:22AM
Interactive map shows 12 years and more than 100 million new mortgages in 24 seconds
CNBC - 10:10AM
Builder confidence at highest level since 2005
Fannie Mae - 10:10AM
News Release - Results Show Large Lenders Expect Credit ...
CNBC - 9:08AM
Wall Street awaits Federal Reserve, Yellen speech
Market Watch - 8:59AM
Bond Report: Treasurys rise ahead of Fed statement
CNBC - 8:52AM
Mortgage applications, rates rise after holiday
Bloomberg - 1:25AM
Fed Decision Day Guide: Considerable Debate on Forward Guidance - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.25%

+0.02

15 Yr FRM

3.40%

+0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.10%

+0.02

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

3.56%

1.13

-0.10

30 Yr. Fixed

4.37%

1.39

-0.16

MBA **

30 Yr. Fixed

4.27%

0.25

+0.02

15 Yr. Fixed

3.44%

0.28

-0.04

30 Yr. Jumbo

4.15%

0.23

-0.07

30 Yr. FHA

3.97%

0.08

-0.02

5/1 ARM

3.12%

0.45

-0.07

Freddie Mac **

30 Yr. Fixed

4.12%

0.50

+0.02

15 Yr. Fixed

3.26%

0.50

+0.02

1 Yr. ARM

2.45%

0.40

+0.05

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

97-22

-0-04

30YR FNMA 3.5

101-16

-0-03

30YR GNMA 3.0

99-30

-0-12

30YR GNMA 3.5

102-25

-0-12

15YR FNMA 3.0

102-27

-0-02

15YR FNMA 2.5

100-09

-0-03

Treasuries

Yield

Change

2 YR

0.5686%

+0.0284

5 YR

1.8255%

+0.0500

10 YR

2.6180%

+0.0238

30 YR

3.3664%

+0.0060

Prices as of: 9/17/2014 4:32PM 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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