Daily Newsletter: Thursday July 28, 2016

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30 Year Fixed

                                                                3.39%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                2.74%
                                                                  
                                                                -0.05

10YR Treasury

                                                                1.51%
                                                                  
                                                                +0.0034

FNMA 30YR 3.5

                                                                105-14
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                104-27
                                                                  
                                                                +0-01

View Today's Rates

Thursday July 28, 2016

Mortgage Rate Watch - 3:56PM

Best Day Since Brexit For Mortgage Rates

Mortgage rates fell at the quickest pace in more than a month today as lenders priced-in the market improvements seen after yesterday's Fed Announcement. Even though quite a few lenders ...

MND NewsWire - 4:59PM

CoreLogic: Slow Start for Cash Sales this Year

Cash sales continued to account for a significant portion of all home sales in April. CoreLogic said on Wednesday that 31.6 percent of home sales that month were all cash , down 1.6 ...

Pipeline Press - 9:44AM

EverBank On The Block; First Time Buyer Survey; Servicing Market Troubles Hitting Rates

I don’t know how it is that we only have two business days left in July – time flies. For me this month has included Honolulu, Denver, Sacramento, San Francisco, and now ...

MBS Commentary - 9:06AM

MBS Day Ahead: Momentum Should Be in Our Favor, But Challenges Remain

One tricky thing about technical analysis (things like moving averages and other mathematical formulas applied to charts in order to get them to cough up more information about where ...

Latest Video

Rate hike predictions

The dollar tells the tale of the Fed

Bank of Japan under pressure after Abe's stimulus plan

More News from 'Around the Web'

Bloomberg - 12:52PM
Three Things That Show Investors Are Making a Huge Bet on Low Interest Rates
CNBC - 12:52PM
Homeownership rate lowest since 1965
CNBC - 11:33AM
US crude dips into technical bear market, down 20% from 2016 high
CNBC - 11:05AM
Big banks up their odds of a rate hike this year
National Housing Conference - 11:05AM
How affordable housing gets built
freddiemac.mwnewsroom.com - 11:05AM
Mortgage Rates up Slightly
Bloomberg - 11:05AM
Greenspan 'Nervous' Bond Prices Too High, Sees Stagflation Ahead
CNBC - 9:11AM
US advance June goods trade deficit $63.3 billion
Reuters - 9:11AM
U.S. jobless claims increase; labor market still strong
www.realtor.com - 8:16AM
America's 20 Hottest Real Estate Markets for July 2016

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.39%

-0.05

15 Yr FRM

2.74%

-0.05

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.52%

-0.04

5/1 Yr ARM

2.85%

-0.01

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

+0.03

15 Yr. Fixed

2.78%

0.50

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.78%

0.50

+0.00

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

103-26

+0-02

30YR FNMA 3.5

105-14

+0-01

30YR GNMA 3.0

104-20

+0-01

30YR GNMA 3.5

106-04

-0-01

15YR FNMA 3.0

104-27

+0-01

15YR FNMA 2.5

103-13

0-00

Treasuries

Yield

Change

2 YR

0.7145%

-0.0079

5 YR

1.0863%

-0.0049

10 YR

1.5061%

+0.0034

30 YR

2.2304%

+0.0139

Prices as of: 7/28/2016 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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