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                                                Thursday December 20, 2012
                                             
                                            
                                                
    
            
                Pipeline Press - 10:36AM
             
                        
            
                Well, here is some interesting news for taxpayers, as if we don't have enough: Fannie & Freddie may have lost $3 billion due to LIBOR fixing by banks? Quick, bring in the lawyers ...
             
            
                MND NewsWire - 3:17PM
             
                        
            
                The share of mortgages refinanced by Freddie Mac and Fannie Mae through the Home Affordable Refinancing Program (HARP) dropped to 18.5 percent in October from 21 percent in September ...
             
            
                MBS Commentary - 4:18PM
             
                        
            
                MBS Live : MBS Afternoon Market Summary A big haul of economic reports had little lasting impact on trading levels this morning, but the stronger Philly Fed Index at 10am was enough ...
             
            
                Pipeline Press - 4:13PM
             
                        
            
                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 ...
             
     
    
    
    
            
        
        
            
                
                     
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                    "On what planet was this study conducted? "PMI companies can and do become insolvent, file for bankruptcy or are seized by regulators". Oh, please. If FHA were a private insurance company, it would have been seized by regulators in 2008. This notion that a one-size-fits-all approach to premium collection..."
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                    "Looking for a little discussion...Is housing in an actual recovery?..."
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                    "everytime there is a small bounce...its a recovery..."
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                    "minor supply disruptions dont make for recoveries..."
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                    "My area is in a recovery, Portland, OR, I think. Limited supply, values have gone up 8%+ this year and bidding wars on homes. I'm hearing more and more similar stories, nationally...."
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                                                    Today's Rates
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    30 Yr FRM
                                                                 | 
                                                                
                                                                    3.42%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15 Yr FRM
                                                                 | 
                                                                
                                                                    2.76%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    FHA 30 Year Fixed
                                                                 | 
                                                                
                                                                    3.25%
                                                                 | 
                                                                
                                                                    +0.00
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    Jumbo 30 Year Fixed
                                                                 | 
                                                                
                                                                    3.62%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    5/1 Yr ARM
                                                                 | 
                                                                
                                                                    3.01%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                    
                                                    
                                                        
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                                                    Average Mortgage Rates
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                            
                                                         
                                                                                                                    
                                                                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    15 Yr. Fixed
                                                                 | 
                                                                
                                                                    2.91%
                                                                 | 
                                                                
                                                                    0.89
                                                                 | 
                                                                
                                                                    -0.12
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 Yr. Fixed
                                                                 | 
                                                                
                                                                    3.62%
                                                                 | 
                                                                
                                                                    1.22
                                                                 | 
                                                                
                                                                    -0.14
                                                                 | 
                                                             
                                                                                            
                                                 
                                                
                                                    
                                                        
                                                                                                                                                                       
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    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
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                                                                | 
                                                                    30 Yr. Fixed
                                                                 | 
                                                                
                                                                    3.37%
                                                                 | 
                                                                
                                                                    0.70
                                                                 | 
                                                                
                                                                    +0.05
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15 Yr. Fixed
                                                                 | 
                                                                
                                                                    2.65%
                                                                 | 
                                                                
                                                                    0.70
                                                                 | 
                                                                
                                                                    -0.01
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                                                                | 
                                                                    1 Yr. ARM
                                                                 | 
                                                                
                                                                    2.52%
                                                                 | 
                                                                
                                                                    0.40
                                                                 | 
                                                                
                                                                    -0.01
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                                                                | 
                                                                    5/1 Yr. ARM
                                                                 | 
                                                                
                                                                    2.71%
                                                                 | 
                                                                
                                                                    0.70
                                                                 | 
                                                                
                                                                    +0.01
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 * FHFA averages are updated monthly.  ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. 
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                                                    Secondary Markets
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    30YR FNMA 3.0
                                                                 | 
                                                                
                                                                    104-14
                                                                 | 
                                                                
                                                                    +0-02
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                                                                | 
                                                                    30YR FNMA 3.5
                                                                 | 
                                                                
                                                                    106-10
                                                                 | 
                                                                
                                                                    +0-02
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                                                                | 
                                                                    30YR GNMA 3.0
                                                                 | 
                                                                
                                                                    105-30
                                                                 | 
                                                                
                                                                    +0-03
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30YR GNMA 3.5
                                                                 | 
                                                                
                                                                    108-11
                                                                 | 
                                                                
                                                                    +0-02
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                                                                | 
                                                                    15YR FNMA 3.0
                                                                 | 
                                                                
                                                                    105-14
                                                                 | 
                                                                
                                                                    -0-00
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15YR FNMA 2.5
                                                                 | 
                                                                
                                                                    104-11
                                                                 | 
                                                                
                                                                    -0-01
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                                                                | 
                                                                    2 YR
                                                                 | 
                                                                
                                                                    0.2739%
                                                                 | 
                                                                
                                                                    -0.0040
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                                                                | 
                                                                    5 YR
                                                                 | 
                                                                
                                                                    0.7771%
                                                                 | 
                                                                
                                                                    +0.0064
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                                                                | 
                                                                    10 YR
                                                                 | 
                                                                
                                                                    1.7997%
                                                                 | 
                                                                
                                                                    -0.0017
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 YR
                                                                 | 
                                                                
                                                                    2.9824%
                                                                 | 
                                                                
                                                                    -0.0049
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                                                                 Prices as of: 12/20/2012 4:27PM EST 
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