Daily Newsletter: Tuesday October 21, 2014

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30 Year Fixed

                                                                3.95%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.13%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.23%
                                                                  
                                                                +0.0370

FNMA 30YR 3.5

                                                                103-24
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-05
                                                                  
                                                                -0-02

View Today's Rates

Tuesday October 21, 2014

MND NewsWire - 3:03PM

No Surprise: Final QRM Rule Closely Follows QM

Financial regulators on Tuesday finally released the final rule defining Qualified Residential Mortgages (QRM). The definition is intended to determine which loans are exempt from the ...

MND NewsWire - 11:44AM

Existing Homes Selling at Year's Fastest Pace

Existing home sales, which ended four straight months of gains with a 1.8 percent decline in August, bounced back in September the National Association of Realtors® (NAR) said today ...

Mortgage Rate Watch - 4:18PM

Mortgage Rates Sideways to Slightly Higher

Mortgage rates continue to bide their time , holding just under 4 percent on average. Some borrowers might see their quote move up .125% from yesterday, but others will be quoted the ...

Pipeline Press - 10:57AM

NY Finally has its own MBA; Accronym Update: QRM, NMLS, CFPB, FHFA, & HUD

I was dealt a serious setback yesterday here at the MBA conference, being held in the immense Four Seasons, Mandalay, Delano, conference center complex. While among the slot machines ...

Latest Video

Yields now likely to rise: Larry McDonald

The housing paradox

Existing home sales up 2.4%

More News from 'Around the Web'

Market Watch - 4:03PM
Yes, 100% of economists were dead wrong about yields
mba.informz.net - 3:10PM
Stevens Statement Regarding Final Risk Retention Rule
Market Watch - 2:47PM
Ocwen shares plunge 18% after backdating allegations
CNBC - 1:36PM
What investors think of the ECB bond buying rumor
CNBC - 12:42PM
Ocwen allegedly backdated thousands of letters: NY
NAHB - 11:45AM
Statement from NAHB Chairman Kevin Kelly on New Mortgage Market Standards
Reuters - 10:29AM
ECB looking at corporate bond buys
Reuters - 10:25AM
U.S. existing home sales hit one-year high in September
WSJ - 10:25AM
How Much Will Student Debt Drag on Housing?
Bloomberg - 8:44AM
Bankers Buried in Lawsuits Say New Loan Rules Fall Short - Bloomberg
www.freddiemac.com - 8:43AM
Three Ways Freddie Mac is Increasing Access to Credit

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.95%

+0.01

15 Yr FRM

3.13%

+0.01

FHA 30 Year Fixed

3.40%

+0.00

Jumbo 30 Year Fixed

3.90%

+0.02

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

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.20%

0.17

-0.10

15 Yr. Fixed

3.41%

0.28

-0.07

30 Yr. Jumbo

4.14%

0.10

-0.07

30 Yr. FHA

3.90%

0.08

-0.10

5/1 ARM

3.05%

0.38

-0.15

Freddie Mac **

30 Yr. Fixed

3.97%

0.50

-0.15

15 Yr. Fixed

3.18%

0.50

-0.12

1 Yr. ARM

2.38%

0.40

-0.04

5/1 Yr. ARM

2.92%

0.50

-0.13

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

100-21

-0-04

30YR FNMA 3.5

103-24

-0-02

30YR GNMA 3.0

102-18

-0-06

30YR GNMA 3.5

104-27

-0-03

15YR FNMA 3.0

104-05

-0-02

15YR FNMA 2.5

102-02

-0-01

Treasuries

Yield

Change

2 YR

0.3665%

+0.0120

5 YR

1.4294%

+0.0259

10 YR

2.2252%

+0.0370

30 YR

3.0006%

+0.0382

Prices as of: 10/21/2014 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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