Daily Newsletter: Friday July 25, 2014

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30 Year Fixed

                                                                4.19%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.32%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.47%
                                                                  
                                                                -0.0361

FNMA 30YR 3.5

                                                                102-12
                                                                  
                                                                +0-09

FNMA 15YR 2.5

                                                                103-12
                                                                  
                                                                +0-05

View Today's Rates

Friday July 25, 2014

Mortgage Rate Watch - 2:46PM

Mortgage Rates Catch a Break Heading Into Important Week

Mortgage rates were sideways to marginally lower today. Many lenders released new and improved rate sheets in the afternoon in order for the average to get better than yesterday, but ...

MND NewsWire - 1:30PM

Strong Reaction on Wall Street to So-So Home Builder Results

It was a bad day on Wall Street Thursday for housing stocks. In no particular order Census Bureau data was released showing that new home sales had declined by 8.1 percent in June compared ...

Pipeline Press - 11:09AM

Big Changes at Ginnie; GSE Updates; Zillow Buying Trulia?

"Rob, you have mentioned before that you are beginning to see some companies' volumes slowing down, and maybe even some lay-offs . Is that still happening?" Yes it is. Established lenders ...

MBS Commentary - 11:56AM

MBS MID-DAY: Bond Markets Still at Altar Despite Yesterday's Cold Feet

For more than a week, bond markets have flirted with a break into the best levels of the year. On several occasions 10yr yields have looked all but wed to the idea. Such a wedding would ...

Latest Video

Cramer's Stop Trading: Zillow & Trulia

War of words: Russia vs. US

Durable goods up 0.7% in June

More News from 'Around the Web'

rss.nytimes.com - 3:22PM
Off the Charts: A Drop in the Long-Term Unemployed
WSJ - 3:22PM
IMF Lays Out Own Fed Exit Strategy
www.cfpbmonitor.com - 3:21PM
"Operation Mis-Modification" Targets Foreclosure Relief Companies
www.cfpbmonitor.com - 2:31PM
CFPB expands HMDA reporting requirements
Washington Post - 1:51PM
How big cities that restrict new housing harm the economy
Washington Post - 12:41PM
The inequality snowball effect
Market Watch - 11:29AM
Market Snapshot: U.S. stocks fall; Dow dips below 17,000
Bloomberg - 11:16AM
Architects Group Lowers U.S. Construction Forecast - Bloomberg
webfeeds.brookings.edu - 11:15AM
Implicit Subsidies for Very Large Banks: A Primer
Washington Post - 10:19AM
After foreclosure, an effort to repurchase a home
CNBC - 10:19AM
Sin City housing shifts from distress
CNBC - 8:51AM
Million dollar homes: Reclaimed
CNBC - 8:50AM
US bonds hold near highs on 'safe-haven' asset bid
CNBC - 8:48AM
US durables jump, feeding recovery hopes
freddiemac.mwnewsroom.com - 8:48AM
Freddie Mac Issues Monthly Volume Summary for June 2014
WSJ - 8:48AM
Big Decisions Loom for Fed
CNBC - 12:06AM
Trulia, Zillow CEOs sell before merger news
Market Watch - 12:02AM
Homebuilder shares dive on disappointing results, data
Calculated Risk Blog - 12:01AM
Horton Jumps on Increased Sales Incentives; Orders "Lackluster" at Other Builders
WSJ - 12:01AM
Do Boring' Explanations Explain Weak Millennial Homeownership?

Today's Comments

	MBS Live Chat - 12:22PM "hey brokers, I am looking at adding a lender, I need somebody who is not crazy with the conditions, has good procedures, efficient, ect...good turn times, good rates, Suggestions?..."
	MBS Live Chat - 12:23PM "Stearns..."
	MBS Live Chat - 12:27PM "I second what Dirk said. Stearns gives you that if you don't have them already...."
	MBS Live Chat - 12:31PM "NYCB Mortgage is an excellent lending partner as well. Their Gemstone system basically has DU built right in so no additional charge plus extremely smooth with uploads, clearing conditions, etc. Always someone to talk at their MCC as well...."
	MBS Live Chat - 1:55PM "i would need to see a reprice better before i would consider locking today..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.19%

-0.01

15 Yr FRM

3.32%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.03%

-0.01

5/1 Yr ARM

3.23%

+0.00

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

+0.00

15 Yr. Fixed

3.26%

0.60

+0.03

1 Yr. ARM

2.39%

0.40

+0.00

5/1 Yr. ARM

2.99%

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

98-18

+0-11

30YR FNMA 3.5

102-12

+0-09

30YR GNMA 3.0

100-18

+0-12

30YR GNMA 3.5

103-11

+0-09

15YR FNMA 3.0

103-12

+0-05

15YR FNMA 2.5

101-03

+0-04

Treasuries

Yield

Change

2 YR

0.4918%

-0.0001

5 YR

1.6764%

-0.0231

10 YR

2.4691%

-0.0361

30 YR

3.2401%

-0.0570

Prices as of: 7/25/2014 4:03PM 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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