Daily Newsletter: Wednesday December 19, 2012

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30 Year Fixed

                                                                3.43%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.77%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.80%
                                                                  
                                                                -0.0226

FNMA 30YR 3.5

                                                                106-08
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                105-14
                                                                  
                                                                +0-03

View Today's Rates

Wednesday December 19, 2012

MND NewsWire - 2:15PM

Future Housing Policy Should Consider More than Just FHA's Balance Sheet

The authors of a study just released by the University of North Carolina's Center for Community Capital suggest that the current condition of the Federal Housing Administration's ( ...

Mortgage Rate Watch - 2:55PM

Mortgage Rates Fall Slightly From Recent Multi-Month Highs

The tone of Fiscal Cliff news shifted from comprommisory back to combative today, helping Mortgage rates recover from Tuesday's multi-month highs . Interest rates rose quickly on the ...

Pipeline Press - 4:13PM

Thoughts on the CFPB Complaint Process; Should be a Happy Builder Conference this Year

In paying a short visit to Kansas, I learned that there are plenty of "oldest trick in the book"'s from which to choose - but here is one that actually helps community banks. The Outdoor ...

MND NewsWire - 11:04AM

Housing Starts Fall 3% in November as Sandy Slows Northeast

Permits for privately owned residential construction increased by 3.6 percent on a seasonally adjusted basis in November compared to October. According to the monthly report from the ...

MND NewsWire - 9:35AM

Mortgage Applications Fall Sharply as Rates Rise

Mortgage applications fell during the week ended December 14 with both refinancing and purchase applications slowing as rates rose. The Mortgage Bankers Associations (MBA) Market Composite ...

Latest Video

November Housing Starts Slide 3.0%

No Housing Boom, But 2013 Rebound

Nancy Pelosi on Fiscal Cliff Talks

More News from 'Around the Web'

Freddie Mac - 4:13PM
Freddie Mac Announces Future Retirement Of CFO Ross J. Kari
www.justice.gov - 4:13PM
Las Vegas Real Estate Agent Sentenced to 70 Months in Prison for Her Role in Mortgage Fraud Scheme
Market Watch - 3:27PM
Fannie, Freddie may have lost $3 bln in Libor
CNBC - 2:16PM
Robert Shiller: Don't Await Housing Boom
Bloomberg - 1:30PM
Ally Repays $4.5 Billion of FDIC-Backed Debt to Exit Program
Fannie Mae - 1:29PM
Fannie Mae's 2012 Help the Homeless Program Raises $4.5M
CNBC - 1:29PM
Rising Mortgage Rates Spook Housing
Business Week - 11:28AM
Wells Fargo Pays $60 Million More in US Loan-Bias Case
www.aia.org - 9:08AM
Architecture Billings Index Signaling Gains for Fourth Straight Month
CNBC - 9:07AM
Housing Starts Fall as Northeast Feels Effects of Sandy

Today's Comments

	MBS Live Chat - 1:40PM "RTRS- US HOUSE SPEAKER BOEHNER TO HOLD 2:15 PM ET PRESS CONFERENCE-AIDE..."
	MBS Live Chat - 2:18PM "wow... we're right back to utterly ridiculous Fiscal Cliff comments..."
	MBS Live Chat - 2:21PM "For those that didn't see it, it was a huge departure from the past 2 days of more collegial tones, with the Speaker saying that Obama's plan fails to "pass the test" of the balanced approach. Republicans will pass the tax bill in the house and then it's up to Obama as to whether or not he will call..."
	MND NewsWire - 5:54PM "Hmmm- To add to the problem, now that HUD has raised premiums so much they are being adversely selected. Good credit, qualify well, go 3% down conventional, or even better yet get that extra 1.5% and go 5% down. Private Mortgage Insurance is the better choice any time you HAVE a choice. Doesn't fare..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.43%

-0.02

15 Yr FRM

2.77%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.63%

-0.03

5/1 Yr ARM

3.02%

+0.00

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

3.50%

0.44

+0.03

15 Yr. Fixed

2.83%

0.26

-0.02

30 Yr. Jumbo

3.73%

0.29

-0.04

30 Yr. FHA

3.34%

0.54

+0.02

5/1 ARM

2.61%

0.36

-0.02

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

104-12

+0-04

30YR FNMA 3.5

106-08

+0-03

30YR GNMA 3.0

105-27

+0-04

30YR GNMA 3.5

108-09

+0-03

15YR FNMA 3.0

105-14

+0-03

15YR FNMA 2.5

104-12

+0-04

Treasuries

Yield

Change

2 YR

0.2779%

-0.0039

5 YR

0.7707%

+0.0055

10 YR

1.8014%

-0.0226

30 YR

2.9873%

-0.0172

Prices as of: 12/19/2012 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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