Daily Newsletter: Monday September 15, 2014

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30 Year Fixed

                                                                4.24%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.39%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.59%
                                                                  
                                                                -0.0200

FNMA 30YR 3.5

                                                                101-20
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                102-28
                                                                  
                                                                -0-06

View Today's Rates

Monday September 15, 2014

MND NewsWire - 12:15PM

Potential Home Buyers Sidelined by Misconceptions

Lack of knowledge and misinformation may be discouraging Americans from buying a home according to a recent survey sponsored by Wells Fargo &Company. The survey, conducted in June ...

MND NewsWire - 2:19PM

Homeownership Slump Drives Rental Construction to 25 Year High

Much has been made lately over the propensity of so-called millennials, the demographic cohort which is now between 18 and 34 years of age, to forgo homeownership. In its September ...

Mortgage Rate Watch - 4:22PM

Mortgage Rates Hold Steady; Volatility Ahead

Mortgage rates managed to hold steady today, which matches the very best performance of any other day in September. In other words, rates have either been flat or higher every day for ...

MBS Commentary - 7:27AM

MBS Day Ahead: Bonds at Risk of Confirming Death of Positive 2014 Trend

As Treasury yields and mortgage rates spiraled rapidly higher over the past two weeks, 2014's steady trend toward lower rates quickly strayed into vulnerable territory. Specifically ...

Latest Video

Rate hikes on the way?

Fed trajectory: 3, 5, 10 years

New way to sell real estate

More News from 'Around the Web'

WSJ - 4:22PM
Income Inequality Pressures State Tax Revenue, S&P Says
www.aei.org - 3:08PM
Third international conference on housing risk presentations
Bloomberg - 1:20PM
Treasury to Push for Clarity in Mortgage-Bond Ratings - Bloomberg
Washington Post - 1:20PM
What to watch when the Fed meets this week
CNBC - 11:54AM
Mortgages are not so hard to get: Survey
freddiemac.mwnewsroom.com - 11:54AM
Freddie Mac September 2014 U.S. Economic and Housing Market Outlook
www.wellsfargo.com - 9:54AM
Wells Fargo Survey Reveals Consumer Views on Homebuying
Market Watch - 9:53AM
Bond Report: Treasurys eye first rise in eight sessions
Reuters - 9:53AM
Automobiles drag U.S. factory production lower
Reuters - 9:07AM
OECD slashes growth forecasts, urges aggressive ECB action
CNBC - 9:04AM
NY Fed's September Empire Manufacturing Survey at 27.54 vs 16.0 expected
Market Watch - 9:03AM
What millennials want in a home
Reuters - 9:01AM
Wells Fargo finds mortgage myths hamper home purchases
www.latimes.com - 12:30AM
Housing price cuts point to a shift in Southland market
CNBC - 12:10AM
Why Trulia now wants to rent you a home
Reuters - 12:03AM
Bets on hawkish Fed lift dollar, U.S. bond yields
Bloomberg - 12:02AM
Bond Market Dispels Inflation Alarm as Fed Ends $3 Trillion QE - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.24%

+0.00

15 Yr FRM

3.39%

+0.00

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.09%

-0.01

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

4.27%

0.25

+0.02

15 Yr. Fixed

3.44%

0.28

-0.04

30 Yr. Jumbo

4.15%

0.23

-0.07

30 Yr. FHA

3.97%

0.08

-0.02

5/1 ARM

3.12%

0.45

-0.07

Freddie Mac **

30 Yr. Fixed

4.12%

0.50

+0.02

15 Yr. Fixed

3.26%

0.50

+0.02

1 Yr. ARM

2.45%

0.40

+0.05

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

97-27

+0-07

30YR FNMA 3.5

101-20

+0-05

30YR GNMA 3.0

100-08

+0-07

30YR GNMA 3.5

103-07

+0-07

15YR FNMA 3.0

102-28

-0-06

15YR FNMA 2.5

100-11

-0-03

Treasuries

Yield

Change

2 YR

0.5442%

-0.0201

5 YR

1.7904%

-0.0265

10 YR

2.5887%

-0.0200

30 YR

3.3390%

-0.0034

Prices as of: 9/15/2014 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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