Daily Newsletter: Tuesday July 22, 2014

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30 Year Fixed

                                                                4.16%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.30%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.46%
                                                                  
                                                                -0.0055

FNMA 30YR 3.5

                                                                102-18
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                103-13
                                                                  
                                                                +0-02

View Today's Rates

Tuesday July 22, 2014

MND NewsWire - 11:27AM

Housing Fundamentals Move In Right Direction, Price Gains Continue

US Department of Treasury 15.00 Normal 0 false false false EN-US X-NONE X-NONE The pace of existing home sales reached a nine month high in June, topping 5 million units for the first ...

Mortgage Rate Watch - 4:56PM

Mortgage Rates Hold Steady Amid Conflicting Data

Mortgage rates were unchanged in most cases today, though some lenders were slightly worse. Even then, the difference from yesterday is generally insignificant. MBS (the mortgage-backed ...

Pipeline Press - 9:50AM

Current State of Risk in Mortgage Market; Lots of Upcoming Events

What, if anything, is putting a crimp in expected loan production? Perhaps the CFPB's QM rules are indeed restricting residential lending. In one example, here is what the public sees ...

MND NewsWire - 2:24PM

Home Prices to Level Off and Reverse Course Within 2 Years - Analysts

Two Bank of America Merrill Lynch (BAML) analysts are defending what they call their big high conviction views for what should happen in the housing world over the next two years. Chris ...

Latest Video

June existing home sales up 2.6%

Rising rents impact homeownership

Pros & cons of credit boom

More News from 'Around the Web'

Market Watch - 3:55PM
Hackers bypass online security at 34 banks
Washington Post - 2:07PM
Wonkblog: Why you may be paying for someone else's mortgage relief
CNBC - 2:07PM
Un-advertised listings distort housing
The Big Picture - 12:49PM
Global House Price Index
CNBC - 12:36PM
How to get millennials to buy a house
WSJ - 11:40AM
The Foreclosure Fade, and What it Means for the Housing Market
CNBC - 10:15AM
Existing home sales jump for third straight month
WSJ - 9:31AM
When It Comes to Housing, Maybe Millennials Aren't so Different After All
www.gallup.com - 9:30AM
U.S. Economic Confidence Recovers From Recent Losses
Market Watch - 9:26AM
And America's most-hated social media company is
Reuters - 9:26AM
JPMorgan begins to provide consumer help under $13 billion settlement
Reuters - 8:53AM
High gasoline prices push up U.S. consumer prices
Bloomberg - 8:24AM
Housing Buoyed by 20-Year High for Vet's Loans: Mortgages - Bloomberg
Bloomberg - 8:24AM
Bund Rally Halts Near Record-Low Yield as BES Fallout Contained - Bloomberg
CNBC - 8:24AM
US bonds pare some losses on downed plane progress
Bloomberg - 8:24AM
Blackstone to Buy Max Property's Assets for $707 Million - Bloomberg

Today's Comments

	MBS Live Chat - 8:31AM "was the market looking for more inflation?..."
	MBS Live Chat - 8:32AM "I think some may be a bit defensive about that possibility, thus the small amount of 'relief' at the as-expected headline...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.16%

+0.01

15 Yr FRM

3.30%

+0.00

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.00%

+0.01

5/1 Yr ARM

3.22%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.56%

1.13

-0.10

30 Yr. Fixed

4.37%

1.39

-0.16

MBA **

30 Yr. Fixed

4.32%

0.16

+0.04

15 Yr. Fixed

3.40%

0.22

-0.02

30 Yr. Jumbo

4.24%

0.16

-0.02

30 Yr. FHA

4.02%

-0.03

+0.03

5/1 ARM

3.40%

0.22

-0.02

Freddie Mac **

30 Yr. Fixed

4.13%

0.60

-0.02

15 Yr. Fixed

3.23%

0.50

-0.01

1 Yr. ARM

2.39%

0.40

-0.01

5/1 Yr. ARM

2.97%

0.40

-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

98-23

+0-02

30YR FNMA 3.5

102-18

+0-03

30YR GNMA 3.0

100-21

+0-03

30YR GNMA 3.5

103-17

+0-00

15YR FNMA 3.0

103-13

+0-02

15YR FNMA 2.5

101-05

+0-04

Treasuries

Yield

Change

2 YR

0.4756%

-0.0163

5 YR

1.6547%

-0.0248

10 YR

2.4637%

-0.0055

30 YR

3.2515%

-0.0073

Prices as of: 7/22/2014 4:31PM 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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