Daily Newsletter: Thursday August 20, 2015

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30 Year Fixed

                                                                3.94%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.20%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.07%
                                                                  
                                                                -0.0561

FNMA 30YR 3.5

                                                                104-02
                                                                  
                                                                +0-08

FNMA 15YR 2.5

                                                                103-29
                                                                  
                                                                +0-04

View Today's Rates

Thursday August 20, 2015

Mortgage Rate Watch - 7:01PM

Mortgage Rates Hit 3 Month Lows

Mortgage rates continued lower today, bringing most lenders to their best levels in more than 3 months. The average conventional 30yr fixed rate for top tier scenarios is now edging ...

MND NewsWire - 11:00AM

Another Post-Crisis Peak for Existing Home Sales

While first-time buyers fell back, existing home sales scored their third consecutive monthly gain in July. The National Association of Realtors® (NAR) reports that completed sales ...

MBS Commentary - 7:01PM

MBS RECAP: Global Markets Shed Risk; Bonds Benefit

It was a classic risk-off trade today, albeit with a certain level of exhaustion on the part of US bond markets. "Risk-off" means what it says: investors are moving money into less ...

Pipeline Press - 9:03AM

FDIC Goes After BNY Mellon; Agency Affordable Housing Goals Little Changed; Investor Updates

I continue to hear about the overkill in paperwork as lenders attempt to cover their collective "assets" against potential liabilities. But that is only on factor, and MetaSource came ...

Latest Video

Lurking housing bubble?

Futures Now: 10-year yield at 3-month low

Fed sends mixed signals on interest rates

More News from 'Around the Web'

Market Watch - 6:15PM
U.S. home repossessions reach 30-month high
Bloomberg - 6:14PM
Treasuries Extend Advance Amid Flight From Global Market Turmoil
www.builderonline.com - 6:14PM
Housing Costs Continue to Soar, CPI Shows
CNBC - 6:13PM
Markets dragged down by global meltdown fears
CNBC - 3:25PM
Shades of 1998 for global markets?
www.npr.org - 3:24PM
Greek PM Steps Down, Calls New Elections, In Wake Of Bailout Deal
www.realtor.com - 1:41PM
First-Time Buyers Aren't the Ones Snatching Up Homes
Reuters - 12:16PM
Allianz's El-Erian says Fed missed earlier chance to hike rates: CNBC
CNBC - 12:16PM
Fed rate speculation is getting crazy
Bloomberg - 12:12PM
Fannie, Freddie Risk-Transfer Bonds Give Investors a Scare Again
CNBC - 10:26AM
Existing home sales rise to 8-year high
CNBC - 10:26AM
El-Erian: Seeing a classical overshoot, starting in emerging markets
freddiemac.mwnewsroom.com - 10:25AM
30-Year Fixed-Rate Mortgage Remains Below Four Percent
www.realtor.com - 8:46AM
It's Time to Stop Hating on the McMansion
CNBC - 8:43AM
Williams: Hikes to pop bubbles 'costly'
The Atlantic - 8:43AM
A Housing Crisis Amid Tens of Thousands of Abandoned Homes
Bloomberg - 8:43AM
Manhattan's Property Boom Pushes Landlords to Sell Early
Reuters - 8:41AM
Jobless claims up slightly; labor market still improving

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.94%

-0.02

15 Yr FRM

3.20%

-0.01

FHA 30 Year Fixed

3.60%

-0.05

Jumbo 30 Year Fixed

3.73%

-0.02

5/1 Yr ARM

2.96%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.26%

1.25

-0.06

30 Yr. Fixed

3.90%

1.28

-0.03

MBA **

30 Yr. Fixed

4.11%

0.37

-0.02

15 Yr. Fixed

3.37%

0.36

-0.02

30 Yr. Jumbo

4.03%

0.29

-0.05

30 Yr. FHA

3.88%

0.17

-0.06

5/1 ARM

2.98%

0.40

-0.13

Freddie Mac **

30 Yr. Fixed

3.93%

0.60

-0.01

15 Yr. Fixed

3.15%

0.60

-0.02

1 Yr. ARM

2.62%

0.30

+0.00

5/1 Yr. ARM

2.94%

0.50

+0.01

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

100-31

+0-08

30YR FNMA 3.5

104-02

+0-08

30YR GNMA 3.0

101-21

+0-04

30YR GNMA 3.5

104-10

+0-04

15YR FNMA 3.0

103-29

+0-04

15YR FNMA 2.5

101-22

+0-05

Treasuries

Yield

Change

2 YR

0.6534%

-0.0080

5 YR

1.4704%

-0.0312

10 YR

2.0713%

-0.0561

30 YR

2.7437%

-0.0678

Prices as of: 8/20/2015 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.

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