Daily Newsletter: Tuesday January 29, 2013

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30 Year Fixed

                                                                3.58%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                2.91%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.00%
                                                                  
                                                                +0.0306

FNMA 30YR 3.5

                                                                105-11
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                104-28
                                                                  
                                                                -0-02

View Today's Rates

Tuesday January 29, 2013

MND NewsWire - 10:43AM

Pace of Annual Home Price Increases is Quickening

The S&P/Case Shiller Home Price Indices posted another set of strong and broad-based annual increases in November 2012. Data released today shows that the 10-City Composite Index ...

Mortgage Rate Watch - 4:37PM

Mortgage Rates Start Stronger, Fade By End Of Day

Mortgage rates began the day much improved compared to Monday's latest offerings, but the gains mostly evaporated by the end of the session. The mortgage-backed-securities (MBS) that ...

MBS Commentary - 1:19PM

MBS MID-DAY: Disconcerting Resistance After Morning Gains

MBS Live : MBS Morning Market Summary Treasuries were slightly weaker during the first part of the overnight session, but stayed under Monday's higher yields. European hours brought ...

Pipeline Press - 10:59AM

Bank Deposits Withdrawn at Fastest Pace Since 2001; Las Vegas ASF Chatter; Texas Ratio Primer

Huh? "Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties , helping Americans escape underwater ...

Latest Video

`More Order' Back in U.S. Housing, Karl Case Says

Fed Survey: When Will QE End?

Santelli's Midday Bond Report

More News from 'Around the Web'

Business Week - 4:25PM
Wells Fargo's Mortgage Revenue to Drop 18 Percent, Staite Says
NAR - 3:12PM
NAR: Falling Home Ownership Rate
Market Watch - 3:12PM
Senators question Justice Dept. on big bank probes
Bloomberg - 2:46PM
Treasury's Stegman Says U.S. Will Expand Underwater Mortgage Aid
Bloomberg - 2:46PM
Fix Home Lending Before the Next Bubble
WSJ - 1:12PM
Pimco Doesn't See Fed Changing Course
Business Week - 12:58PM
ResCap Delays Closing Its Sale to Ocwen Until Feb. 15
Bloomberg - 12:58PM
Democrats Try Again to Spur Refinancing to Bolster U.S. Housing
CNBC - 12:56PM
Guess Who's Driving the Demand for Rental Apartments?
CNBC - 12:56PM
QE Program a 'Disaster', Say Saving and Pension Groups
CNBC - 10:09AM
Consumer Confidence Fell Much Further Than Expected in January
Bloomberg - 9:28AM
D.R. Horton Profit More Than Doubles as Market Rebounds
Bloomberg - 7:31AM
Bernanke Seen Buying $1.1 Trillion in Bonds by Early 2014
CNBC - 9:21AM
Real Estate Is in a 'Goldilocks Period': Sternlicht
www.federalregister.gov - 7:21AM
Information Sharing Among Federal Home Loan Banks

Today's Comments

	MBS Live Chat - 2:31PM "REPRICE : 2:31 PM - Pinnacle Worse..."
	MBS Live Chat - 2:27PM "REPRICE : 2:27 PM - Wells Fargo Worse..."
	MBS Live Chat - 2:21PM "REPRICE : 2:21 PM - Kinecta Worse..."
	MBS Live Chat - 2:19PM "REPRICE : 2:19 PM - Stonegate Mortgage Worse..."
	MBS Commentary - 12:04AM "It's funny--4 years ago before I really understood "GUTFLOP" and thought I was a fledgling bond analyst (before MBS was an acronym I even knew) a day like today would have had me cursing and depressed and angrily looking for the black cloud to kill the silver lining of better than expected global or..."
	MBS Commentary - 10:48PM "Much appreciated Frank...."
	Community Commentary - 11:48PM "Sometimes kids can say it in a way grown ups just can't match. http://www.youtube.com/watch?v=l-gQLqv9f4o..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.58%

-0.03

15 Yr FRM

2.91%

-0.02

FHA 30 Year Fixed

3.30%

-0.03

Jumbo 30 Year Fixed

3.79%

-0.01

5/1 Yr ARM

3.02%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.70%

1.16

-0.11

30 Yr. Fixed

3.47%

1.29

-0.07

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

103-05

-0-08

30YR FNMA 3.5

105-11

-0-05

30YR GNMA 3.0

104-06

-0-06

30YR GNMA 3.5

107-11

-0-04

15YR FNMA 3.0

104-28

-0-02

15YR FNMA 2.5

103-15

-0-04

Treasuries

Yield

Change

2 YR

0.2814%

+0.0012

5 YR

0.8785%

+0.0082

10 YR

2.0009%

+0.0306

30 YR

3.1830%

+0.0335

Prices as of: 1/29/2013 4:32PM 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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