Daily Newsletter: Tuesday July 5, 2016

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30 Year Fixed

                                                                3.37%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                2.72%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.38%
                                                                  
                                                                -0.0793

FNMA 30YR 3.5

                                                                105-23
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                105-01
                                                                  
                                                                +0-04

View Today's Rates

Tuesday July 5, 2016

Mortgage Rate Watch - 3:05PM

Mortgage Rates Back to 3.25% in Some Cases

Mortgage rates dropped noticeably today, bringing quite a few lenders down to 3.25% in terms of conventional 30yr fixed quotes on top tier scenarios. For all intents and purposes, these ...

MND NewsWire - 10:23AM

Home Price Appreciation Continues Cooling

CoreLogic is reporting that the rate of home price increases, as measured by its Home Price Index (HPI) slowed considerably in May from its rate in each of the previous two months and ...

Pipeline Press - 10:13AM

Primary Market FHA, VA, USDA Changes And Their Potential Impact on Secondary Markets

Last week we noticed that Ginnie Mae volumes had passed Freddie Mac , so the absence of big banks doing that business was certainly taken up by non-depository lenders. But where does ...

MBS Commentary - 9:36AM

MBS Week Ahead: Are Bonds Invincible Until Further Notice?

Global yields begin week at new all-time lows Underlying reasons haven't changed What ends this? If you only look at the US as a representative of global financial markets, you might ...

Latest Video

Mortgage rates on their way down again?

Global credit gravity pulls down rates

US 10-year Treasury yield slides to record low

More News from 'Around the Web'

CNBC - 3:31PM
Dudley: Why the Fed can be patient
Market Watch - 3:30PM
Fed's Williams downplays cautionary signal in national economic index
HUD - 2:51PM
FHA Announces Most Significant Improvements to Date for Distressed Notes Sales Program
CNBC - 1:09PM
Refinance boom may hit banks, investors
Reuters - 1:03PM
Fed's Williams says Brexit effect as expected, no big deal
CNBC - 9:59AM
US stocks open lower as growth concerns weigh
www.gallup.com - 9:59AM
U.S. Economic Confidence Index Steady in June at -14
CNBC - 9:59AM
Small-biz job growth resumed in June
CNBC - 8:40AM
US 10-year Treasury yield falls to record low
Bloomberg - 8:40AM
Black Swans and Game Theory: A Post-Brexit Guide to Bond Trading
www.corelogic.com - 8:40AM
CoreLogic US Home Price Report Shows Prices Up 5.9 Percent Year Over Year in May 2016

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.37%

-0.03

15 Yr FRM

2.72%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.45%

-0.02

5/1 Yr ARM

2.84%

+0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.37%

1.26

-0.14

30 Yr. Fixed

3.95%

1.30

-0.16

MBA **

30 Yr. Fixed

3.82%

0.34

-0.05

15 Yr. Fixed

3.06%

0.33

-0.07

30 Yr. Jumbo

3.74%

0.31

-0.05

30 Yr. FHA

3.64%

0.25

-0.05

5/1 ARM

2.93%

0.22

+0.02

Freddie Mac **

30 Yr. Fixed

3.48%

0.50

-0.08

15 Yr. Fixed

2.78%

0.40

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.70%

0.50

-0.04

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

104-07

+0-12

30YR FNMA 3.5

105-23

+0-06

30YR GNMA 3.0

104-24

+0-11

30YR GNMA 3.5

106-09

+0-06

15YR FNMA 3.0

105-01

+0-04

15YR FNMA 2.5

103-25

+0-06

Treasuries

Yield

Change

2 YR

0.5576%

-0.0397

5 YR

0.9416%

-0.0626

10 YR

1.3767%

-0.0793

30 YR

2.1545%

-0.0861

Prices as of: 7/5/2016 4:00PM 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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