Daily Newsletter: Wednesday July 27, 2016

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30 Year Fixed

                                                                3.44%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.79%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.50%
                                                                  
                                                                -0.0601

FNMA 30YR 3.5

                                                                105-13
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                104-26
                                                                  
                                                                +0-07

View Today's Rates

Wednesday July 27, 2016

Mortgage Rate Watch - 3:56PM

Mortgage Rates Move Down Following Fed Announcement

Mortgage rates moved slightly lower today, although that's only true for lenders who issued mid-day improvements following the Fed's policy announcement. Markets were, by no means, ...

MND NewsWire - 8:59AM

Fannie Mae Upgrades 3 Percent-Down Mortgage Program

Fannie Mae has made changes to its HomeReady mortgage program that allows borrowers to obtain a mortgage with as little as a 3 percent downpayment. The enhancements change income maximums ...

MBS Commentary - 2:01PM

Differences Between Current and Previous FOMC Statements

(additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in April June indicates that the pace of improvement ...

MND NewsWire - 10:39AM

Pending Home Sales Stabilize, But Miss Estimates

Pending home sales eked out, although only barely, an increase in June after a falling by an unexpectedly large percentage in May. The National Association of Realtors® said its ...

Latest Video

Bond market reaction to Fed

September rate hike in play?

June pending home sales posts big miss

More News from 'Around the Web'

freddiemac.mwnewsroom.com - 3:31PM
Freddie Mac Quarterly Apartment Investment Index Shows Strong Fundamentals in National and Local Markets
Market Watch - 2:21PM
Fed appears more open to September rate hike
CNBC - 2:20PM
Fed leaves rates unchanged in July meeting
Market Watch - 12:25PM
Bond Report: Treasury yields fall to 2-week low as the Fed is set to update policy
www.realtor.com - 10:32AM
Shipping Container Home May Be the First of Many in Houston
Market Watch - 9:01AM
Could subprime auto loans lead to same economic catastrophe as risky mortgages?
CNBC - 9:00AM
US core capital goods orders rise modestly; overall orders weak
Bloomberg - 8:34AM
Silicon Valley Elites Get Home Loans With No Money Down

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.44%

-0.01

15 Yr FRM

2.79%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.56%

-0.01

5/1 Yr ARM

2.86%

-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

3.45%

0.50

+0.03

15 Yr. Fixed

2.75%

0.50

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.78%

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

103-24

+0-11

30YR FNMA 3.5

105-13

+0-06

30YR GNMA 3.0

104-19

+0-10

30YR GNMA 3.5

106-05

+0-07

15YR FNMA 3.0

104-26

+0-07

15YR FNMA 2.5

103-13

+0-08

Treasuries

Yield

Change

2 YR

0.7224%

-0.0355

5 YR

1.0912%

-0.0452

10 YR

1.5027%

-0.0601

30 YR

2.2165%

-0.0672

Prices as of: 7/27/2016 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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