Daily Newsletter: Tuesday August 26, 2014

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30 Year Fixed

                                                                4.13%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.27%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.40%
                                                                  
                                                                +0.0124

FNMA 30YR 3.5

                                                                102-21
                                                                  
                                                                0-00

FNMA 15YR 2.5

                                                                103-13
                                                                  
                                                                +0-02

View Today's Rates

Tuesday August 26, 2014

Mortgage Rate Watch - 3:16PM

How Long Will Low, Flat Mortgage Rates Last?

So many questions have been raised by the surprising state of affairs in the world of mortgage rates this year. Why did rates move in the opposite direction from broad-based expectations ...

MND NewsWire - 11:45AM

Mortgage Bank Profits Back in Black

Mortgage banks substantially improved their bottom line numbers in the second quarter after posting a loss on every loan written during the first quarter of the year. The Mortgage Bankers ...

Pipeline Press - 10:04AM

Large Title Firm in the News for the Wrong Reason; Corporate Debt Issuance to Set Record?

It is more fun to talk about Millennials, and they look better in ads, but old people have needs too! At the other end of the demographic, don't forget that seniors aren't interested ...

MND NewsWire - 11:39AM

First Broad-Based Decline in Home Price Growth Since Feb 2008

The S&P Dow Jones Case-Shiller Home Price Indices for June confirm what reports from earlier months have indicated, that there is a sustained slowdown in home price increases. June ...

Latest Video

August consumer confidence 92.4

Santelli takes the long view

'Perfect storm' for housing?

More News from 'Around the Web'

www.philadelphiafed.org - 4:14PM
Survey: Financial Conditions for Low- and Moderate-Income Households Are Stabilizing
CNBC - 3:03PM
Late credit card payments hit 7-year low
Market Watch - 3:02PM
Don't read too much into this week's action
www.cfpbmonitor.com - 3:02PM
CFPB settles enforcement action against another debt settlement payment processor
The Big Picture - 3:01PM
Student Loans Are Going to Crush the Economy! (No, they are not)
WSJ - 1:31PM
More Laid-Off Workers Are Bouncing Back, And Fewer are Taking Pay Cuts
Bloomberg - 1:29PM
Something's Out of Whack With Bonds, Stocks: Bianco Sees Losses - Bloomberg
rss.nytimes.com - 1:29PM
Real Estate and the Recovery: Why a Slowdown in Housing Prices Is Great News
The Big Picture - 12:01PM
How America's Consumers Spend Across States
CNBC - 11:57AM
Euro zone yields turn negative on Draghi hopes
CNBC - 11:07AM
Israel, Palestinians reach new Gaza deal
PR Newswire - 10:08AM
The Conference Board Consumer Confidence Index® Improves Again
CNBC - 10:07AM
Home price gains tepid: S&P/Case-Shiller
WSJ - 10:07AM
Some See Price Gap Narrowing Between New, Existing Homes
www.wellsfargo.com - 10:06AM
Wells Fargo Reinforces Commitments to Servicemembers
www.lpsvcs.com - 10:06AM
Black Knight Financial Services' "First Look" at July 2014 Mortgage Data
www.npr.org - 8:45AM
Many Homeowners Still Qualify For Mortgage Relief
CNBC - 8:43AM
US durables rocket to record high in July
CNBC - 1:04AM
Europe set for mixed open; Ukraine meeting in focus
rss.nytimes.com - 1:04AM
The Trouble With Surveys: A New Reason to Question the Official Unemployment Rate

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.13%

-0.01

15 Yr FRM

3.27%

+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

4.35%

0.22

+0.00

15 Yr. Fixed

3.48%

0.30

-0.03

30 Yr. Jumbo

4.24%

0.19

-0.02

30 Yr. FHA

4.04%

0.03

-0.02

5/1 ARM

3.24%

0.45

-0.08

Freddie Mac **

30 Yr. Fixed

4.10%

0.50

-0.02

15 Yr. Fixed

3.23%

0.60

-0.01

1 Yr. ARM

2.38%

0.50

+0.02

5/1 Yr. ARM

2.95%

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

99-04

+0-02

30YR FNMA 3.5

102-21

0-00

30YR GNMA 3.0

101-01

+0-00

30YR GNMA 3.5

103-23

-0-01

15YR FNMA 3.0

103-13

+0-02

15YR FNMA 2.5

101-01

+0-02

Treasuries

Yield

Change

2 YR

0.4959%

-0.0081

5 YR

1.6614%

-0.0083

10 YR

2.3980%

+0.0124

30 YR

3.1590%

+0.0260

Prices as of: 8/26/2014 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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