Daily Newsletter: Tuesday December 18, 2012

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30 Year Fixed

                                                                3.45%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                2.78%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.82%
                                                                  
                                                                +0.0488

FNMA 30YR 3.5

                                                                106-05
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                105-11
                                                                  
                                                                -0-01

View Today's Rates

Tuesday December 18, 2012

MND NewsWire - 5:10PM

House Members Seek FHA Financial Documentation in Letter to HUD's Donovan

Apparently fearful of another bail out, six Republican members of the House Financial Services Committee sent a letter to the Obama Administration today asking for documents and information ...

MND NewsWire - 11:39AM

Refinance Volume Expected To Fall 26% in 2013: Fannie Mae

Fannie Mae has declared that housing is finally providing a tailwind to economic growth . The company's December Economic and Strategic Report says that the market "has turned the corner ...

Mortgage Rate Watch - 3:47PM

Mortgage Rates Rise To Multi-Month Highs On Fiscal Cliff Optimism

Mortgage rates moved higher at the quickest pace in weeks on Tuesday as politicians convey an increasing sense of compromise regarding Fiscal Cliff negotiations. The broader move higher ...

MND NewsWire - 3:44PM

MBA Assembles Task Force to Plan Future of Secondary Mortgage Market

The Mortgage Bankers Association (MBA) has formed a task force to revisit its 2009 proposal for the future Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs ...

Latest Video

Sen. Paul: Dems Not Serious About Cutting Entitlements

No Housing Boom, But 2013 Rebound

Home Builder Sentiment Up

More News from 'Around the Web'

CNBC - 4:24PM
More Toxic "Safe" Mortgages, Coming Soon From A Bank Near You
www.freddiemac.com - 4:21PM
Guide Bulletin 2012-29 Provides Special Guidance for Hurricane Sandy Relief
S&P/Case Shiller - 2:38PM
National Credit Default Rates Ticked Up in November 2012 According to the S&P/Experian Consumer Credit Default Indices
Reuters - 2:32PM
JPMorgan names new mortgage banking chief
CNBC - 2:32PM
Banks Get Lawsuit Shield in Mortgage Rules
NMLS - 1:55PM
NMLS Annual Conference
www.aei.org - 9:36AM
FHA Watch, December 2012
Fannie Mae - 9:16AM
Fannie Mae: Fiscal Cliff Remains Key Risk Factor to Near-Term Growth
www.treasury.gov - 9:16AM
An Update on the Wind Down of TARP's Bank Programs

Today's Comments

	MBS Live Chat - 2:49PM "REPRICE : 2:49 PM - Wells Fargo Worse..."
	MBS Live Chat - 2:52PM "REPRICE : 2:52 PM - BB&T Worse..."
	MBS Live Chat - 2:52PM "REPRICE : 2:52 PM - Franklin American Worse..."
	MBS Live Chat - 2:52PM "REPRICE : 2:52 PM - Stearns Lending Worse..."
	MBS Live Chat - 3:09PM "REPRICE : 3:09 PM - Sun West Mortgage Worse..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.45%

+0.05

15 Yr FRM

2.78%

+0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.66%

+0.06

5/1 Yr ARM

3.02%

+0.04

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.91%

0.89

-0.12

30 Yr. Fixed

3.62%

1.22

-0.14

MBA **

30 Yr. Fixed

3.47%

0.36

-0.05

15 Yr. Fixed

2.85%

0.26

-0.01

30 Yr. Jumbo

3.77%

0.35

-0.02

30 Yr. FHA

3.32%

0.51

-0.02

5/1 ARM

2.63%

0.34

+0.01

Freddie Mac **

30 Yr. Fixed

3.32%

0.70

-0.02

15 Yr. Fixed

2.66%

0.60

-0.01

1 Yr. ARM

2.53%

0.50

-0.02

5/1 Yr. ARM

2.70%

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

104-08

-0-04

30YR FNMA 3.5

106-05

-0-02

30YR GNMA 3.0

105-23

-0-05

30YR GNMA 3.5

108-06

-0-02

15YR FNMA 3.0

105-11

-0-01

15YR FNMA 2.5

104-08

-0-01

Treasuries

Yield

Change

2 YR

0.2818%

+0.0278

5 YR

0.7652%

+0.0307

10 YR

1.8240%

+0.0488

30 YR

3.0045%

+0.0572

Prices as of: 12/18/2012 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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