Daily Newsletter: Thursday January 31, 2013

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30 Year Fixed

                                                                3.59%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.91%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.98%
                                                                  
                                                                -0.0071

FNMA 30YR 3.5

                                                                105-16
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                105-00
                                                                  
                                                                +0-02

View Today's Rates

Thursday January 31, 2013

MND NewsWire - 11:13AM

8.6 Million Mortgage Originations in 2012, Highest Since 2007

The December Mortgage Monitor report released by Lender Processing Services and covering performance data for the full 2012 calendar year , found that while mortgage delinquency rates ...

Mortgage Rate Watch - 4:07PM

Mortgage Rates Very Slightly Improved Ahead Of Employment Report

Mortgage rates were very slightly lower in most cases, making for marginal improvements in borrowing costs within the confines of recently higher interest rates. In other words, today ...

MND NewsWire - 9:55AM

LPS Settles DocX Robo-Signing Litigation with 46 States

Lender Processing Services will pay an aggregated sum of $127 million to resolve suits with 46 states and the District of Columbia arising out of activities of its former subsidiary ...

MND NewsWire - 9:50AM

RealtyTrac Rates Best Places to Buy Foreclosures in 2012 as Activity Climbs 57%

RealtyTrac, the Irvine, California firm that tracks foreclosure activity nationwide, reports that foreclosure activity increased last year in 57 percent of large metropolitan areas ...

Latest Video

Top 20 Housing Markets Across the US

Santelli: Fed Can't Control All the Pieces

`Mild' Bond Bubble Possible in 2013, Konstam Says

More News from 'Around the Web'

Fannie Mae - 4:20PM
Fannie Mae Releases December 2012 Monthly Summary
Reuters - 4:10PM
Ex-Countrywide executive added as defendant in BofA fraud lawsuit
Business Week - 4:09PM
Mortgage Fraud Prosecutors Pounce on a Small Bank
HUD - 3:38PM
FHA Releases Mortgagee Letter Regarding MIP Changes
Reuters - 2:06PM
Exclusive: Ocwen in lead to buy Ally mortgage servicing rights â" sources
CNBC - 1:42PM
There's No Bond Bubble: DoubleLine's Bonnie Baha
Business Week - 11:56AM
Senate's Warren Seeks Regulator Documents on Foreclosure Accord
freddiemac.mwnewsroom.com - 11:53AM
Freddie Mac: Mortgage Rates Trending Higher
Bloomberg - 8:03AM
U.S. Mortgage Refinancing Push Said to Move Forward in Congress
Business Week - 8:01AM
PulteGroup Reports Higher Quarterly Profit as Home Sales Climb
WSJ - 2:35PM
Treasury Department Prepares New Refinance Push

Today's Comments

	MND NewsWire - 3:54PM "just wondering how this works....a family is no longer able to live in a home that was damaged or completely destroyed by the hurricane. Or they are still living in a home that needs repairs. They don't have the money to repair or are waiting (hoping) to get some help from their insurance or FEMA. Which..."
	MBS Live Chat - 3:32PM "Mortgagee letter regarding FHA mortgage insurance is out. http://portal.hud.gov/hudportal/documents/huddoc?id=13-04ml.pdf..."
	MBS Live Chat - 12:51PM "Bill Gross tweeted today PIMCO is not seeing a large shift from their bond fund to stocks. He states to stock market rally must be coming from cash that was on the sidelines...."
	MND NewsWire - 1:01AM "Correct, Jim, for NEW FHA loans with case numbers issued after new mortgagee letter takes effect (likely 4/1/2013), the MIP will be for the life of the loan. Interesting that the article says "FHA has foregone billions" as MIP has rolled off on current loans. Another way to look at it would be to say..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.59%

-0.01

15 Yr FRM

2.91%

-0.01

FHA 30 Year Fixed

3.31%

-0.01

Jumbo 30 Year Fixed

3.79%

-0.01

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

2.70%

1.16

-0.11

30 Yr. Fixed

3.47%

1.29

-0.07

MBA **

30 Yr. Fixed

3.67%

0.42

+0.05

15 Yr. Fixed

2.95%

0.38

+0.08

30 Yr. Jumbo

3.95%

0.39

+0.10

30 Yr. FHA

3.48%

0.33

+0.08

5/1 ARM

2.60%

0.33

-0.01

Freddie Mac **

30 Yr. Fixed

3.53%

0.70

+0.11

15 Yr. Fixed

2.81%

0.70

+0.10

1 Yr. ARM

2.59%

0.50

+0.02

5/1 Yr. ARM

2.70%

0.60

+0.03

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

103-09

+0-01

30YR FNMA 3.5

105-16

+0-03

30YR GNMA 3.0

104-11

+0-01

30YR GNMA 3.5

107-17

+0-05

15YR FNMA 3.0

105-00

+0-02

15YR FNMA 2.5

103-18

+0-01

Treasuries

Yield

Change

2 YR

0.2657%

-0.0039

5 YR

0.8814%

+0.0048

10 YR

1.9849%

-0.0071

30 YR

3.1710%

-0.0121

Prices as of: 1/31/2013 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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