Daily Newsletter: Thursday January 24, 2013

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30 Year Fixed

                                                                3.48%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                2.81%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.85%
                                                                  
                                                                +0.0231

FNMA 30YR 3.5

                                                                105-30
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                105-08
                                                                  
                                                                -0-02

View Today's Rates

Thursday January 24, 2013

MND NewsWire - 11:28AM

Fannie Mae Economists see 2013 as a 'Transition to Normal'

The economists at Fannie Mae released their first economic forecast of 2013 and introduced their theme for the New Year, " Transition to Normal ." This theme, they said, has profound ...

MND NewsWire - 2:06PM

Hard Hit California Housing Market Rebounds as Home Values Rise

It appears that one of the nation's largest and most troubled housing markets is getting back to normal. According to data released by DataQuick, Notices of Default (NoDs), the first ...

Mortgage Rate Watch - 3:27PM

Mortgage Rates Move Higher After Strong Employment Data

Mortgage rates bounced back from a few days of moderate improvements today. Lenders typically don't release their first rate sheets of the day until a few hours of the trading session ...

MND NewsWire - 2:26PM

President Renominates Cordray as CFPB Director, Picks Former U.S. Attorney for SEC

President Obama has named Mary Jo White to head the Securities and Exchange Commission (SEC) and reappointed Richard Cordray as Director of the Consumer Finance Protection Bureau ( ...

Latest Video

U.S. Housing Decline `Could Go On,' Shiller Says

The Renovation Boom

BAC CEO on Outperforming the Competition

More News from 'Around the Web'

CRL - 4:36PM
CRL Statement on Renomination of CFPB Director Cordray
www.nytimes.com - 4:28PM
Signs of a Housing Recovery Point to a Stronger Economy
Bloomberg - 2:10PM
Mortgage Seizures Unlikely to Advance, California Official Says
CNBC - 2:09PM
BofA's Moynihan Sees More Cash Coming Off Sidelines
Business Week - 11:32AM
ResCap to Pay Fannie Mae $298 Million to End Objection
freddiemac.mwnewsroom.com - 10:07AM
Freddie Mac: Fixed Mortgage Rates Move Higher
CNBC - 8:29AM
Citi CEO: Still Dealing With Legacy Issues
Business Week - 8:25AM
Bernanke Seen Pressing On With Stimulus Amid Debate on QE

Today's Comments

	MBS Live Chat - 2:12PM "REPRICE : 2:12 PM - Interbank Better..."
	MBS Live Chat - 2:05PM "REPRICE : 2:05 PM - Provident Funding Better..."
	MBS Live Chat - 1:50PM "additionally, it was a TIPS auction. It's not something we normally expect to be a market mover, despite the fact that it has been an "out of left field" market mover on a few isolated past occasions. Today was not such an occasion, though the auction was well-received and certainly didn't stand in the..."
	MBS Live Chat - 1:20PM "Clayton Sandy - See the freddie Doc matrix.. says under royalties.. Must have 12 month history of payments on a regular basis. just need tax returns for the most recent year...."
	MBS Live Chat - 1:22PM "www.freddiemac.com/learn/pdfs/uw/docmatrix.pdf..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.48%

+0.02

15 Yr FRM

2.81%

+0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.68%

+0.02

5/1 Yr ARM

2.99%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.81%

1.00

-0.10

30 Yr. Fixed

3.54%

1.24

-0.08

MBA **

30 Yr. Fixed

3.62%

0.43

+0.01

15 Yr. Fixed

2.87%

0.39

-0.01

30 Yr. Jumbo

3.85%

0.34

-0.03

30 Yr. FHA

3.40%

0.53

+0.01

5/1 ARM

2.61%

0.32

-0.05

Freddie Mac **

30 Yr. Fixed

3.42%

0.70

+0.04

15 Yr. Fixed

2.71%

0.70

+0.05

1 Yr. ARM

2.57%

0.50

+0.00

5/1 Yr. ARM

2.67%

0.50

+0.00

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

104-03

-0-07

30YR FNMA 3.5

105-30

-0-05

30YR GNMA 3.0

105-03

-0-07

30YR GNMA 3.5

107-29

-0-05

15YR FNMA 3.0

105-08

-0-02

15YR FNMA 2.5

103-32

-0-04

Treasuries

Yield

Change

2 YR

0.2427%

+0.0043

5 YR

0.7678%

+0.0178

10 YR

1.8542%

+0.0231

30 YR

3.0481%

+0.0233

Prices as of: 1/24/2013 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.

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