Daily Newsletter: Friday July 31, 2015

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30 Year Fixed

                                                                3.97%
                                                                  
                                                                -0.06

15 Year Fixed

                                                                3.20%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.19%
                                                                  
                                                                -0.0771

FNMA 30YR 3.5

                                                                103-27
                                                                  
                                                                +0-15

FNMA 15YR 2.5

                                                                103-27
                                                                  
                                                                +0-11

View Today's Rates

Friday July 31, 2015

Mortgage Rate Watch - 9:02PM

Wage Growth Shocker Pushes Mortgage Rates to 2-Month Lows

Get out your calendar. Flip, swipe, or glance back at May 29th. That's where we have to go to see mortgage rates any lower than they are today. After a delightful, but incredibly boring ...

MND NewsWire - 1:06PM

CFPB Hits Servicer for Creating "Loan Modification Purgatory"

A Texas mortgage servicer has run badly afoul of the Consumer Financial Protection Bureau (CFPB) for repeated violations of servicing rules . Residential Credit Solutions has agreed ...

Pipeline Press - 10:20AM

Wells MSA News; CFPB TRID Toolkit; Capital Markets Trends & Student Loans

A rare blue moon (two full moons appearing in the same calendar month) will be visible in the sky today for the first time in three years. We won't see the next one until early 2018 ...

MBS Commentary - 7:33AM

MBS Day Ahead: Closer Look at Changes in Yield Curve

Yesterday's recap mentioned a 'farewell' to low short term rates despite longer term rates 'faring well.' This is a reference to the major changes that have been taking place with the ...

Latest Video

September may be off the table for a hike

Best bet on housing

Employment data's 'shocking trend': Pro

More News from 'Around the Web'

Calculated Risk Blog - 7:03PM
Fannie Mae: Mortgage Serious Delinquency rate declined in June, Lowest since August 2008
Bloomberg - 7:00PM
Ocwen Plunges More Than 30% as Mortgage Servicer's Expenses Grow
Calculated Risk Blog - 3:46PM
Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since November 2008
Market Watch - 3:33PM
Summer correction would be trouble for the Fed faithful
CNBC - 1:21PM
Recovery has wage winners, losers
CNBC - 11:46AM
Where to invest in housing: Rent or own?
Reuters - 11:45AM
U.S. job market set for more than just 'some' attention
NY Fed - 10:22AM
Statement Regarding Aggregation of Agency Mortgage-Backed Securities Holdings
WSJ - 9:12AM
This Year's Busiest Home-Building Markets Favor Apartments
Bloomberg - 9:09AM
Wells Fargo to Exit Loan Referral Deals With Builders, Agents
Market Watch - 9:09AM
Ocwen Financial posts lower quarterly profit
Market Watch - 9:05AM
Economic Report: Sharp deceleration in employment costs gives Fed a reason to delay rate hike

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.97%

-0.06

15 Yr FRM

3.20%

-0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.75%

-0.05

5/1 Yr ARM

3.00%

-0.04

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%

0.34

+0.00

15 Yr. Fixed

3.43%

0.34

+0.00

30 Yr. Jumbo

4.16%

0.33

-0.04

30 Yr. FHA

4.00%

0.17

-0.02

5/1 ARM

3.08%

0.41

-0.05

Freddie Mac **

30 Yr. Fixed

3.98%

0.60

-0.06

15 Yr. Fixed

3.17%

0.60

-0.04

1 Yr. ARM

2.52%

0.30

-0.02

5/1 Yr. ARM

2.95%

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

100-22

+0-17

30YR FNMA 3.5

103-27

+0-15

30YR GNMA 3.0

101-26

+0-18

30YR GNMA 3.5

104-15

+0-15

15YR FNMA 3.0

103-27

+0-11

15YR FNMA 2.5

101-17

+0-11

Treasuries

Yield

Change

2 YR

0.6685%

-0.0590

5 YR

1.5352%

-0.0865

10 YR

2.1872%

-0.0771

30 YR

2.9093%

-0.0367

Prices as of: 7/31/2015 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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