Daily Newsletter: Tuesday July 14, 2015

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30 Year Fixed

                                                                4.12%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.30%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.40%
                                                                  
                                                                -0.0418

FNMA 30YR 3.5

                                                                102-21
                                                                  
                                                                +0-10

FNMA 15YR 2.5

                                                                103-16
                                                                  
                                                                +0-06

View Today's Rates

Tuesday July 14, 2015

Mortgage Rate Watch - 4:01PM

Mortgage Rates Improve After Weak Economic Data

Mortgage rates took a break from reacting to headlines coming out of Europe and focused instead on domestic economic data. That turned out to be helpful today as Retail Sales came in ...

MND NewsWire - 3:52PM

Mortgage Profit Slide Hurts JPM, Wells' Earnings

A decline in mortgage refinancing was blamed in part for the second consecutive decline in quarterly profits posted by Wells Fargo & Co. The biggest U.S. home lender reported second ...

MND NewsWire - 10:31AM

Foreclosure Inventory Rapidly Disappearing

More than a quarter of the national foreclosure inventory that existed in May 2014 had been absorbed by May of this year and completed foreclosures saw only slightly less improvement ...

MBS Commentary - 7:33AM

MBS Day Ahead: It's a Great Time to Talk About Last October's Flash Crash and Greece

Hindsight is 20/20, but only for those with both eyes open. Unfortunately and comically, Treasury, The SEC, The Fed, and The CFTC still aren't looking at the big picture when it comes ...

Latest Video

Dodd-Frank rulemaking

Why Fed should not raise rates now: Austan Goolsbee

Retail sales slump? Can't blame it on the weather: Santelli

More News from 'Around the Web'

webfeeds.brookings.edu - 4:15PM
Are new homes special?
CNBC - 4:15PM
Foreigners big in NY office leasing
Boston Fed - 2:28PM
Boston Fed President Discusses Economic Uncertainty and its Implications for Monetary Policy
WSJ - 2:27PM
5 Things to Watch in Janet Yellen's Congressional Testimony
Bloomberg - 12:47PM
Schaeuble Says Some in German Government Would Prefer Greek Exit
Market Watch - 12:43PM
Nation's top two mortgage lenders see big jump in originations
Bloomberg - 11:36AM
Here's Where Americans Have Spent Their Gas Savings Over the Past Year
WSJ - 10:35AM
The IMF May Twist Itself Again to Help Keep Greece Afloat
Bloomberg - 10:34AM
Luxury-Home Lottos Reconsidered in Boston Housing Squeeze
CNBC - 10:34AM
US business inventories up modestly
CNBC - 9:26AM
Who was the boss in the Greek talks?
CNBC - 8:39AM
US retail sales surprise in June
CNBC - 8:37AM
JPMorgan earnings beat on lower expenses, but...
www.cfpbmonitor.com - 8:37AM
Trade groups comment on CFPB final arbitration study results
www.gallup.com - 8:36AM
Weekly U.S. Economic Confidence Index Steady at -11
CNN - 8:36AM
Firefox blocks Flash, and Facebook calls for its death
Reuters - 8:36AM
Wells Fargo profit falls on higher expenses, loan-loss reserves
Reuters - 8:35AM
Exclusive: Greece needs debt relief far beyond EU plans - Secret IMF report

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.12%

-0.03

15 Yr FRM

3.30%

-0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.89%

-0.04

5/1 Yr ARM

3.07%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.26%

1.25

-0.06

30 Yr. Fixed

3.90%

1.28

-0.03

MBA **

30 Yr. Fixed

4.23%

0.37

-0.03

15 Yr. Fixed

3.41%

0.31

-0.03

30 Yr. Jumbo

4.18%

0.30

-0.03

30 Yr. FHA

4.01%

0.18

-0.03

5/1 ARM

3.03%

0.37

-0.06

Freddie Mac **

30 Yr. Fixed

4.04%

0.60

-0.04

15 Yr. Fixed

3.20%

0.50

-0.04

1 Yr. ARM

2.50%

0.30

-0.02

5/1 Yr. ARM

2.93%

0.40

-0.06

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

99-06

+0-10

30YR FNMA 3.5

102-21

+0-10

30YR GNMA 3.0

100-25

+0-12

30YR GNMA 3.5

103-20

+0-11

15YR FNMA 3.0

103-16

+0-06

15YR FNMA 2.5

101-02

+0-07

Treasuries

Yield

Change

2 YR

0.6410%

-0.0362

5 YR

1.6579%

-0.0528

10 YR

2.3992%

-0.0418

30 YR

3.1950%

-0.0260

Prices as of: 7/14/2015 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.

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