Daily Newsletter: Friday October 18, 2013

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30 Year Fixed

                                                                4.27%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.39%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.59%
                                                                  
                                                                -0.0054

FNMA 30YR 3.5

                                                                102-00
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                103-19
                                                                  
                                                                +0-03

View Today's Rates

Friday October 18, 2013

Mortgage Rate Watch - 5:01PM

Mortgage Rates Hit 4-Month Lows

Mortgage rates fell only slightly today, but with yesterday already near 4-month lows, today's moderate improvement makes it official--at least in terms of closing cost. The actual ...

MND NewsWire - 5:11PM

Homebuyers Lose Again As FHA Tightens Guidelines

Despite declining FHA loan originations (from 120,917 in April 2013 to 105,995 in July), HUD issued Mortgagee Letter 2013-24 on August 15, tightening FHA borrower restrictions effective ...

MBS Commentary - 4:50PM

MBS RECAP: All Quiet With Jobs Report on Horizon

MBS Live : MBS Afternoon Market Summary When the potential government shutdown became an increasing reality into late September, bond markets entered in to a narrow, sideways range ...

Pipeline Press - 9:57AM

Non-QM is Not the Same as Subprime; More Wells Layoffs; Rates are Cooperating (This Week)

It is a proven fact that ghosts, ghouls, vampires, werewolves, and the like all live forever. (I either read it in the National Enquirer or National Mortgage News.) Which reminds me ...

Latest Video

Fed's Evans: Taper not an option for October

JPM reaches tentative settlement with FHFA: Report

Big payoff for high-end home 'flippers'

More News from 'Around the Web'

WSJ - 4:54PM
Fed's Williams: Unconventional Policies Unlikely Be Permanent
CNN - 4:53PM
Should real estate investors incorporate?
CNBC - 4:14PM
JPMorgan in $4B mortgage deal: Report
Reuters - 4:14PM
Data delay adds wrinkle to U.S. inflation bond sales
www.aei-ideas.org - 3:28PM
Isn't QE just a plot by Washington's central bankers to help Wall Street's investment bankers? Not so much
Reuters - 2:53PM
Fed should not raise rates to fight financial risk: Evans
WSJ - 1:53PM
Fed Tapering Can't Hinge on Fiscal Clarity
WSJ - 1:52PM
Revised Economic Data Calendar
Reuters - 1:50PM
U.S. data backlog a boon for computer-driven trading
Market Watch - 1:44PM
Foreclosures dog even wealthiest home buyers
Bloomberg - 1:43PM
U.S. Treasury Asks Bond Dealers About Debt Impasse Impact - Bloomberg
economix.blogs.nytimes.com - 11:55AM
Economix Blog: Redefining the Next Policy Debate
CNBC - 11:51AM
Investors high on high-end house flips
CNBC - 11:50AM
Why another debt limit fight is unlikely
Bloomberg - 11:02AM
Corporate Bond Sales in U.S. Plunge 44% in Week With Shutdown - Bloomberg
news.google.com - 10:07AM
Shutdown Snarls Fed's Bond-Buying Tapering Plans - Wall Street Journal
CNBC - 10:03AM
Buy the rumor, buy the fact? US deal greases rally
The Huffington Post - 9:04AM
VA Loan Program Backs All-Time Record 630,000 Mortgages
www.npr.org - 9:00AM
Greenspan: 'I Probably Could Have Caught' Economic Crises

Today's Comments

	MBS Commentary - 9:27AM "Awesome analysis. Thanks MG!..."
	MBS Live Chat - 11:36AM "REPRICE : 11:36 AM - Provident Funding Better..."
	MBS Live Chat - 11:37AM "Sometimes they just don't make sense...."
	MBS Live Chat - 2:05PM "does anyone offer rates that are not based on the 1/8ths?..."
	MBS Live Chat - 2:05PM "e.g., 3.975%?..."
	MBS Live Chat - 2:05PM "I have seen some banks offer 3.99..."
	MBS Live Chat - 2:05PM "flagstar used to offer .99..."
	MBS Live Chat - 2:05PM "yes, Suntrust definitely does..."
	MBS Live Chat - 2:06PM "4.99, 5.99, etc....."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.27%

-0.02

15 Yr FRM

3.39%

-0.02

FHA 30 Year Fixed

3.98%

-0.02

Jumbo 30 Year Fixed

4.28%

-0.02

5/1 Yr ARM

3.19%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.62%

1.06

+0.18

30 Yr. Fixed

4.49%

1.21

+0.22

MBA **

30 Yr. Fixed

4.46%

0.31

+0.04

15 Yr. Fixed

3.53%

0.31

+0.01

30 Yr. Jumbo

4.51%

0.15

+0.06

30 Yr. FHA

4.16%

0.44

+0.01

5/1 ARM

3.25%

0.31

+0.00

Freddie Mac **

30 Yr. Fixed

4.28%

0.70

+0.05

15 Yr. Fixed

3.33%

0.70

+0.02

1 Yr. ARM

2.63%

0.40

-0.01

5/1 Yr. ARM

3.07%

0.40

+0.02

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

97-28

+0-03

30YR FNMA 3.5

102-00

+0-02

30YR GNMA 3.0

98-24

+0-05

30YR GNMA 3.5

103-00

+0-06

15YR FNMA 3.0

103-19

+0-03

15YR FNMA 2.5

100-21

+0-03

Treasuries

Yield

Change

2 YR

0.3186%

+0.0043

5 YR

1.3373%

+0.0016

10 YR

2.5886%

-0.0054

30 YR

3.6559%

-0.0087

Prices as of: 10/18/2013 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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