Daily Newsletter: Friday August 1, 2014

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30 Year Fixed

                                                                4.21%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.32%
                                                                  
                                                                -0.05

10YR Treasury

                                                                2.50%
                                                                  
                                                                -0.0653

FNMA 30YR 3.5

                                                                102-09
                                                                  
                                                                +0-14

FNMA 15YR 2.5

                                                                103-12
                                                                  
                                                                +0-10

View Today's Rates

Friday August 1, 2014

Mortgage Rate Watch - 3:20PM

Mortgage Rates Recover After Jobs Data

Mortgage rates were able to recover some of the ground lost this week after the important Employment Situation Report showed slightly less job creation than expected. Had the report ...

MND NewsWire - 12:31PM

Construction Spending Down in June, but up Year-Over-Year

Construction spending in June fell slightly below that in May the Census Bureau said today. Overall construction put in place during the month was at a seasonally adjusted annual rate ...

MND NewsWire - 2:48PM

Housing Market Implications of Adult Children Living With Parents

Since the start of the housing crisis the experts have noted the tendency young adults to continue to live in their childhood homes . This they say is contributing to the diminished ...

Pipeline Press - 11:28AM

Potential FHLB Merger; What Higher Rates Mean for Banks; State Updates; Fee to Use Libor

People need to use their heads once in a while. Circulating in the e-mail world is a claim: "This is the only time in your life you will see this phenomenon: August, this year, will ...

Latest Video

209,000 jobs added in July

Softness in employment numbers: Liesman

Santelli: Used to be about 'jobs, jobs & jobs'

More News from 'Around the Web'

WSJ - 3:58PM
5 Takeaways from the July Jobs Report
CNN - 2:25PM
Lowest August gas prices in four years
CNBC - 2:10PM
Stock selloff ahead but not panic: Pros
CNBC - 2:10PM
Rate hike unlikely after jobs data: Pro
Reuters - 2:08PM
Exclusive: JPMorgan's proposed $4.5 billion deal to be accepted for most trusts- source
Bloomberg - 12:35PM
Argentina Bond Judge Says Country's Obligations Remain - Bloomberg
Reuters - 12:35PM
Jobs data bolsters Yellen's argument on labor market slack
WSJ - 12:35PM
Jobs Report Shows High-Wage Sectors Finally Digging Out
CNBC - 11:29AM
The votes are in: Home robot or home security?
Reuters - 11:29AM
Corporate reports signal stronger US commercial building recovery
CNBC - 10:35AM
ISM manufacturing index hits 57.1 in July; Construction spending falls 1.8% in June
CNBC - 9:57AM
Markit: US final July manufacturing PMI at 55.8 vs 57.3 in prior month
Market Watch - 9:54AM
The Fed: Disagreement surfaces among Fed hawks on when to tighten
CNBC - 9:05AM
Chart: What's the real unemployment rate?
CNBC - 9:04AM
Job creation misses expectations, rate up to 6.2%
Bloomberg - 9:04AM
Consumer Spending in U.S. Rose in June by Most in Three Months - Bloomberg
WSJ - 8:30AM
It's Jobs Day. Here's What Yellen, the White House and Others Will Look For
WSJ - 8:29AM
Plosser Says Fed Well Behind' on Rate Setting
Market Watch - 8:29AM
Fed's Fisher: Central bank closer to lift-off after policy meeting
Bloomberg - 8:29AM
ICE Said to Seek Mortgage Role Through Talks With Data Service - Bloomberg

Today's Comments

	MBS Live Chat - 12:24PM "The connection between the currency moves and headlines is clear, and it's also clear that Treasuries were marching to the beat of their own drum way before Argentina-related moves..."
	MBS Live Chat - 12:24PM "but again... you will certainly hear mainstream financial media giving this a lot of dark-horse credit today...."
	MBS Live Chat - 12:31PM "Hard to believe we are 3 tics better than where we opened on Monday on the 3.5...."
	MBS Live Chat - 12:41PM "right where we were last Friday...."
	MBS Live Chat - 2:17PM "cnbc mentioned euro troubles as it relates to russian sanctions..."
	MBS Live Chat - 2:17PM "dax down 2%+..."
	MBS Live Chat - 2:17PM "EU definitely in play for bond markets today..."
	MBS Live Chat - 2:20PM "EU probably in play for TSY's the rest of the year MG in my opinion. EU not getting any better soon..."
	MBS Live Chat - 2:20PM "http://mndne.ws/WRHdtI..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.21%

-0.04

15 Yr FRM

3.32%

-0.05

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.04%

-0.05

5/1 Yr ARM

3.25%

+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

4.12%

0.60

-0.01

15 Yr. Fixed

3.23%

0.70

-0.03

1 Yr. ARM

2.38%

0.40

-0.01

5/1 Yr. ARM

3.01%

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

98-12

+0-15

30YR FNMA 3.5

102-09

+0-14

30YR GNMA 3.0

100-13

+0-13

30YR GNMA 3.5

103-12

+0-14

15YR FNMA 3.0

103-12

+0-10

15YR FNMA 2.5

100-28

+0-09

Treasuries

Yield

Change

2 YR

0.4763%

-0.0591

5 YR

1.6676%

-0.0919

10 YR

2.4980%

-0.0653

30 YR

3.2839%

-0.0378

Prices as of: 8/1/2014 4:29PM 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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