Daily Newsletter: Monday November 19, 2012

This website requires Javascrip to run properly.

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

                                                                3.43%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                2.78%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.61%
                                                                  
                                                                +0.0288

FNMA 30YR 3.5

                                                                106-16
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                105-14
                                                                  
                                                                +0-02

View Today's Rates

Monday November 19, 2012

Pipeline Press - 10:41AM

FHA Change to Impact FHA Refi Biz - Ouch!; CFPB Postpones One January Deadline

"Be good to your neighbor - they know where you live!" The Pilgrims did not have many neighbors, but in the in the fall of 1621 they held a three-day feast to celebrate a bountiful ...

MND NewsWire - 11:32AM

Loan Processing Time Increases to 54 Days for Refi's

Applications for mortgage refinancing encountered increased processing time again in October when it took an average of 54 days to close a loan, an increase of four days since September ...

MND NewsWire - 12:47PM

Builder Confidence Hits another Post Crisis High

The National Association of Builders' (NAHB) measure of builder confidence took a big jump in November, rising to its highest level since May of 2006. The NAHB/Wells Fargo Housing Market ...

Mortgage Rate Watch - 2:20PM

Mortgage Rates Move Higher But Remain Within Recent Range

Mortgage rates were higher to start the holiday-shortened week . Despite the deterioration, rates remain broadly consistent with a range that's been in effect for over a month. That ...

Latest Video

BofA's Moynihan on Fiscal Cliff, Business Strategy

Santelli's Morning Bond Report

Greenspan on fiscal Cliff, Taxes, Deficit

More News from 'Around the Web'

www.freddiemac.com - 4:37PM
Clarification of Expiration Date and New Delivery Deadline for Relief Refinance Mortgages
Reuters - 2:39PM
Shadow banking hits $67 trillion globally: task force
www.aei.org - 2:38PM
FHA WATCH Update: FHA 2012 Actuarial Study is DOA
Google News - 2:38PM
How the Latino Vote Will Shape Future Housing Policy
www.freddiemac.com - 2:36PM
Freddie Mac to Stop Cash Purchase of 1/1 ARMs
HUD - 2:36PM
HUD Clips: Mortgagee Letters
CFPB - 11:54AM
CFPB: Potentially deceptive mortgage ads are targeting veterans and older Americans
CNBC - 11:54AM
Builders Bump Up Thanks to Drop in Existing Home Supply
Reuters - 9:54AM
Big banks give $22 billion in mortgage relief under deal

Today's Comments

	MBS Live Chat - 3:56PM "New DU 9.0 FAQ https://www.fanniemae.com/content/faq/do-du-release-10202012-faqs.pdf..."
	MBS Live Chat - 3:09PM "General perception out there that lenders tend to price more conservatively into holiday time off?..."
	MBS Live Chat - 3:09PM "is there a consensus on that?..."
	MBS Live Chat - 3:09PM "i think they do..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.43%

+0.06

15 Yr FRM

2.78%

+0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.63%

+0.06

5/1 Yr ARM

3.01%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.03%

0.86

+0.06

30 Yr. Fixed

3.76%

1.10

+0.02

MBA **

30 Yr. Fixed

3.65%

0.39

+0.02

15 Yr. Fixed

2.95%

0.35

-0.01

30 Yr. Jumbo

3.94%

0.36

+0.09

30 Yr. FHA

3.41%

0.76

+0.00

5/1 ARM

2.66%

0.33

-0.06

Freddie Mac **

30 Yr. Fixed

3.34%

0.70

-0.06

15 Yr. Fixed

2.65%

0.70

-0.04

1 Yr. ARM

2.55%

0.30

-0.04

5/1 Yr. ARM

2.74%

0.60

+0.01

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

104-31

-0-03

30YR FNMA 3.5

106-16

-0-01

30YR GNMA 3.0

106-14

-0-03

30YR GNMA 3.5

108-15

-0-03

15YR FNMA 3.0

105-14

+0-02

15YR FNMA 2.5

104-17

-0-01

Treasuries

Yield

Change

2 YR

0.2460%

+0.0041

5 YR

0.6327%

+0.0224

10 YR

1.6114%

+0.0288

30 YR

2.7585%

+0.0254

Prices as of: 11/19/2012 4:30PM 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