Daily Newsletter: Tuesday August 12, 2014

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30 Year Fixed

                                                                4.18%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.31%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.45%
                                                                  
                                                                +0.0252

FNMA 30YR 3.5

                                                                102-07
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                103-15
                                                                  
                                                                -0-01

View Today's Rates

Tuesday August 12, 2014

MND NewsWire - 4:44PM

Fannie and Freddie Another Step Closer to Sharing Single Mortgage-Backed Security

The Federal Housing Finance Agency (FHFA) moved another step closer on Tuesday to its strategic goal of issuing a single mortgage-backed security (MBS) under the aegis of both of the ...

MND NewsWire - 12:48PM

Price Increases Balancing to Benefit Buyer and Seller -NAR

Home price growth continued to decelerate during the second quarter and the National Association of Realtors (NAR) said the quarter ended with year-over-year price appreciation at the ...

MND NewsWire - 2:28PM

Normalized Pricing Resurrecting Condo Market... Relatively Speaking

It's baaaack. The condo market that is. At least according to CoreLogic which says condo construction completions are up 90 percent to 2,100 buildings in the fourth quarter of 2013 ...

Mortgage Rate Watch - 3:14PM

Mortgage Rates Steady to Slightly Higher

Mortgage rates were unchanged for the most part today. Of the lenders who had measurable changes from yesterday's latest offerings, slightly more of them moved higher in rate, but the ...

Latest Video

What's driving low yield in US

JOLTS reveals astonishing facts about jobs

Home sales slow

More News from 'Around the Web'

freddiemac.mwnewsroom.com - 4:38PM
Freddie Mac Statement on FHFA Request for Input on Development of Single Security
Bloomberg - 4:38PM
Fannie Mae Overseer Proposes MBS Looking Same as Freddie Mac's - Bloomberg
rss.nytimes.com - 3:47PM
Ukraine Crisis Takes Toll on Germany's Economy, Powerhouse of the Eurozone
Reuters - 3:46PM
Yellen resolved to avoid raising rates too soon, fearing downturn
CNBC - 2:35PM
Financial sector resumes most lie-filled: Survey
CNN - 2:34PM
Banks are lending at a feverish pace
CNBC - 2:30PM
US budget deficit falls to $95 billion
CNBC - 12:55PM
The theory that scares the Fed
Bloomberg - 12:51PM
Treasuries Look Dirt Cheap to Germans Buying Bunds - Bloomberg
Bloomberg - 10:55AM
Home Price Gains Slow in Most U.S. Cities - Bloomberg
Market Watch - 10:54AM
Ocwen Financial to restate some results
CNBC - 9:21AM
For now, Yellen, keep your day job
Market Watch - 9:21AM
Bank failures fading, but not completely, from view
CNBC - 9:07AM
US bond markets eye three-year auction, Ukraine
Bloomberg - 12:23AM
Banks Loosening U.S. Mortgage Standards: Chart of the Day - Bloomberg
CNBC - 12:21AM
Why bonds' rise may not be a flight to safety
Bloomberg - 12:21AM
Gross Reduces U.S. Government-Related Debt in July - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.18%

+0.01

15 Yr FRM

3.31%

+0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.02%

+0.01

5/1 Yr ARM

3.24%

+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

4.35%

0.22

+0.02

15 Yr. Fixed

3.51%

0.28

+0.04

30 Yr. Jumbo

4.26%

0.35

+0.04

30 Yr. FHA

4.06%

0.02

+0.03

5/1 ARM

3.32%

0.35

+0.01

Freddie Mac **

30 Yr. Fixed

4.14%

0.70

+0.02

15 Yr. Fixed

3.27%

0.60

+0.04

1 Yr. ARM

2.35%

0.50

-0.03

5/1 Yr. ARM

2.98%

0.50

-0.03

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

98-14

-0-05

30YR FNMA 3.5

102-07

-0-02

30YR GNMA 3.0

100-22

-0-05

30YR GNMA 3.5

103-21

-0-02

15YR FNMA 3.0

103-15

-0-01

15YR FNMA 2.5

101-02

-0-02

Treasuries

Yield

Change

2 YR

0.4400%

-0.0041

5 YR

1.6167%

+0.0049

10 YR

2.4473%

+0.0252

30 YR

3.2724%

+0.0381

Prices as of: 8/12/2014 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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