Daily Newsletter: Wednesday January 9, 2013

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30 Year Fixed

                                                                3.46%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.81%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.86%
                                                                  
                                                                -0.0034

FNMA 30YR 3.5

                                                                106-10
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                105-17
                                                                  
                                                                0-00

View Today's Rates

Wednesday January 9, 2013

MND NewsWire - 12:05PM

2012 On Pace to be Record Year for Housing Affordability

Even though home prices have been rising, the National Association of Realtors® (NAR) said today that 2012 appears primed to set a record for housing affordability . With 11 months ...

Pipeline Press - 10:11AM

Waiting for QM, the MBA Weighs In; Who is the Largest Private Real Estate Holder?

Huh? AIG, the parent of United Guarantee, is thinking about suing the United States government over its bailout? Stranger than fiction - but true! Here is some chatter on the subject ...

Mortgage Rate Watch - 4:08PM

Mortgage Rates Continue Steady Descent Back To Earth

Mortgage rates moved slightly lower again today , marking the third straight session of recovery after being launched higher last week. The magnitude of that launch is a matter of perspective ...

MND NewsWire - 9:47AM

Mortgage Application Volume Bounces Bank from Holiday Lull

Despite the shorter holiday week, mortgage applications rose 11.7 percent on a seasonally adjusted basis during the week ended January 4 and 49 percent on a seasonally unadjusted basis ...

Latest Video

HUD Secretary Donovan on U.S. Housing Market, AIG

America's New Landlord

Pres. Obama to Name Jack Lew Treasury Secretary: Source

More News from 'Around the Web'

Washington Post - 3:03PM
Why the CFPB's new mortgage rules matters
CNBC - 12:07PM
Why Jobless Numbers Means Low Rates for Years
CNBC - 4:13PM
How Big is Wall Street's Housing Bet? Pretty Big
CNBC - 11:02AM
Meet America's New Landlords: REITs
CNBC - 11:01AM
Source: Obama to Nominate Jack Lew Treasury Secretary
Bloomberg - 10:13AM
PNC Says Mortgage Deals Will Reduce Fourth-Quarter Profit
CNBC - 7:53AM
Mortgage Applications Rebound in Latest Week
Market Watch - 7:53AM
Four major firms said near mortgage-service accord
WSJ - 9:37PM
Investors Pick Over Distressed Property

Today's Comments

	MBS Live Chat - 2:38PM "does anyone have the link to the HUD mortgagee letter which states the MIP imcrease in 2013?..."
	MBS Live Chat - 2:39PM "there has been NO mortgagee letter yet..."
	MBS Live Chat - 2:40PM "expected at the end of this month..."
	MBS Live Chat - 3:14PM "REPRICE : 3:14 PM - AMC Better..."
	MBS Live Chat - 3:03PM "CBC National Bank Reprice - Better..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.46%

-0.02

15 Yr FRM

2.81%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.66%

-0.02

5/1 Yr ARM

2.97%

+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

3.61%

0.41

+0.09

15 Yr. Fixed

2.88%

0.39

+0.02

30 Yr. Jumbo

3.78%

0.38

+0.03

30 Yr. FHA

3.35%

0.69

+0.01

5/1 ARM

2.64%

0.37

-0.01

Freddie Mac **

30 Yr. Fixed

3.34%

0.70

-0.01

15 Yr. Fixed

2.64%

0.60

-0.01

1 Yr. ARM

2.57%

0.40

+0.01

5/1 Yr. ARM

2.71%

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

104-18

+0-05

30YR FNMA 3.5

106-10

+0-02

30YR GNMA 3.0

105-21

-0-01

30YR GNMA 3.5

108-07

+0-02

15YR FNMA 3.0

105-17

0-00

15YR FNMA 2.5

104-14

+0-01

Treasuries

Yield

Change

2 YR

0.2442%

-0.0117

5 YR

0.7676%

-0.0113

10 YR

1.8604%

-0.0034

30 YR

3.0629%

+0.0009

Prices as of: 1/9/2013 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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