Daily Newsletter: Monday September 29, 2014

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.18%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.33%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.48%
                                                                  
                                                                -0.0487

FNMA 30YR 3.5

                                                                102-11
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-02
                                                                  
                                                                +0-02

View Today's Rates

Monday September 29, 2014

Mortgage Rate Watch - 3:19PM

Mortgage Rates Near 3-Week Lows

Mortgage rates fell at a healthy pace today, bringing them to the lowest levels since September 9th. Gains in bond markets help rates move lower and bond markets were stronger right ...

MND NewsWire - 10:52AM

Investor Pull-Back hits Pending Home Sales

Pending home sales declined slightly in August, mirroring a similar pull-back in existing home sales announced last week. The National Association of Realtors® (NAR) said today ...

Pipeline Press - 10:23AM

RESPA-TILA and Other Events This Week; A Primer on Extending Rate Locks

Is it against the law for an employer to provide an employee with better-than-market rates? KPMG hopes not . And the only thing I could find employer-assisted mortgage programs (EAMs ...

MBS Commentary - 7:43AM

MBS Day Ahead: Busy Week Likely The Stage For The Next Big Move

After September's big move higher in rates cooled off, we've been left in limbo , to some extent. There certainly hasn't been a painful continuation to higher rates, but we've had some ...

Latest Video

Santelli Exchange: Housing headwinds

Rates 'get higher' much lower than anticipated: Pro

August pending home sales down 1%

More News from 'Around the Web'

WSJ - 3:59PM
ECB Faces Inflation Expectations Test
CNN - 3:54PM
Bank's 'repeated failures' led to 2,000 foreclosures, feds say
Reuters - 3:13PM
New Fed study suggests traders' rate path view lags that of Fed
Bloomberg - 3:12PM
Citigroup Sees $10 Billion in Annual Compliance Costs for Banks - Bloomberg
Bloomberg - 2:57PM
Flagstar Pays $37.5 Million Over Consumer Bureau Claims - Bloomberg
CNBC - 1:14PM
Boomer housing trends benefit millennials
www.cfpbmonitor.com - 1:14PM
CFPB seeking approval for field study of Owning a Home project
Bloomberg - 1:12PM
Why Financial Advisers Still Hate Reverse Mortgages - Bloomberg
Google News - 1:12PM
The $300 billion question: How should we budget for federal lending?
CNBC - 10:58AM
Pimco CEO talks about why Gross left
CNBC - 10:32AM
Why pending home sales fell 1 percent in August
Reuters - 10:32AM
Pimco says can handle rise in outflows after Gross exit
Bloomberg - 10:32AM
Fannie Mae Shares Erase Gain for Year as Holders Sell - Bloomberg
Market Watch - 10:30AM
Pending home sales fall 1% in August
www.ourbroker.com - 10:30AM
Why The Mortgage APR Is Too Low
Market Watch - 8:51AM
Fed's Evans sees 'quite some time' before first rate hike
CNBC - 8:51AM
US personal income, spending rise

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.18%

-0.03

15 Yr FRM

3.33%

-0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.04%

-0.02

5/1 Yr ARM

3.23%

-0.02

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

4.20%

0.50

-0.03

15 Yr. Fixed

3.36%

0.50

-0.01

1 Yr. ARM

2.43%

0.40

+0.00

5/1 Yr. ARM

3.08%

0.40

+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

98-24

+0-08

30YR FNMA 3.5

102-11

+0-05

30YR GNMA 3.0

100-27

+0-08

30YR GNMA 3.5

103-14

+0-06

15YR FNMA 3.0

103-02

+0-02

15YR FNMA 2.5

100-21

+0-02

Treasuries

Yield

Change

2 YR

0.5747%

-0.0040

5 YR

1.7615%

-0.0361

10 YR

2.4807%

-0.0487

30 YR

3.1688%

-0.0485

Prices as of: 9/29/2014 4:31PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe