Daily Newsletter: Thursday October 3, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.28%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.40%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.61%
                                                                  
                                                                -0.0109

FNMA 30YR 3.5

                                                                101-31
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-17
                                                                  
                                                                +0-05

View Today's Rates

Thursday October 3, 2013

Mortgage Rate Watch - 5:01PM

Mortgage Rates Maintain Eery Silence at Recent Lows

Mortgage rates were relatively unchanged again today, marking the 5th day in a row near current levels. If there's a bias, it has been modestly lower, but only just. This means that ...

MND NewsWire - 1:52PM

If Prolonged, Shutdown Will Increasingly Hurt Mortgages, Housing, and Economy - MBA's Stevens

With the government shutdown now in its third day and the debt ceiling deadline looming there are increasing signs that some financial players are growing less sanguine. This morning ...

MND NewsWire - 10:34AM

Vampires and Monsters and Zombies, Oh My

Vampire REOs and Zombie Foreclosures star in a brief report issues by RealtyTrac this morning. These " Monsters of the Housing Market ," the company says, at least partially explains ...

MND NewsWire - 12:20PM

If Policymakers "Get it together" Housing Picture Looks Bright

While he anticipates that the current government shutdown will be short-lived, Moody Analytics Chief Economist Mark Zandi said yesterday that "If policymakers can't get it together ...

Latest Video

Potential bullish scenario for bonds: Pro

Does the math still work on buying rental properties?

When will housing feel pinch of shutdown?

More News from 'Around the Web'

www.cfpbmonitor.com - 5:24PM
HUD issues proposed rule on qualified mortgage definition for HUD insured and guaranteed single family mortgages
CNBC - 4:30PM
Pentagon had shutdown spending spree
WSJ - 3:29PM
Fed Survey Finds Fixed-Income Market Conditions Deteriorated May-July
WSJ - 2:42PM
Fed's Lockhart: Prolonged Shutdown Makes October Taper Less Likely
Market Watch - 2:41PM
Treasury market functioned poorly in summer: Fed
CNBC - 2:39PM
Boehner spokesperson comments on debt limit stance
Market Watch - 1:25PM
Banks abandon mortgage preapprovals
webfeeds.brookings.edu - 1:09PM
Time to Change the Way We Elect Congressional Leaders
freddiemac.mwnewsroom.com - 1:07PM
Freddie Mac: Fixed Mortgage Rates Fall for Third Consecutive Week
SIFMA - 1:07PM
SIFMA Statement and Fact Sheets on the Debt Default Threat
www.nytimes.com - 12:54PM
Boehner Tells Republicans He Won't Let the Nation Default
Bloomberg - 11:34AM
Fed's Williams Sees Unconventional Stimulus for Next Few Years - Bloomberg
House Financial Services - 11:16AM
Hensarling Statement on Five-Year Anniversary of TARP
Reuters - 10:40AM
U.S. service sector growth slows in Sept: ISM
CNBC - 10:40AM
Treasury warns of harm from default
NAHB - 10:33AM
NAHB: Housing Recovery Picks Up Steam Despite Persistent Headwinds
Reuters - 10:32AM
U.S. regulators release biggest banks' second set of 'living wills'
CNBC - 10:31AM
US Treasury warns that default could cause huge economic crisis
CNBC - 10:31AM
What you need to know about mortgage fraud
CNBC - 9:36AM
Countdown: Worst 10 states for mortgage fraud

Today's Comments

	MBS Live Chat - 10:09AM "if the the government were to open tomorrow, I'm assuming we would still not receive NFP, right?..."
	MBS Live Chat - 10:09AM "I haven't seen a definitive statement on that eventuality..."
	MBS Live Chat - 10:09AM "i think they will release a schedule for when the data would be released..."
	MBS Live Chat - 10:12AM "The policy on unpublished reports hasn't been published yet...."
	MBS Live Chat - 10:19AM "looks like BLS heard us..."
	MBS Live Chat - 10:19AM "RTRS- U.S. LABOR DEPARTMENT CONFIRMS MONTHLY JOBS REPORT WILL NOT BE ISSUED ON FRIDAY, SAYS AN ALTERNATIVE RELEASE DATE HAS NOT BE SET..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.28%

-0.01

15 Yr FRM

3.40%

+0.00

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.32%

-0.01

5/1 Yr ARM

3.11%

-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

4.49%

0.34

-0.13

15 Yr. Fixed

3.55%

0.33

-0.13

30 Yr. Jumbo

4.53%

0.22

-0.13

30 Yr. FHA

4.21%

0.35

-0.11

5/1 ARM

3.26%

0.28

-0.13

Freddie Mac **

30 Yr. Fixed

4.22%

0.70

-0.10

15 Yr. Fixed

3.29%

0.70

-0.08

1 Yr. ARM

2.63%

0.40

+0.00

5/1 Yr. ARM

3.03%

0.60

-0.04

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

97-26

+0-06

30YR FNMA 3.5

101-31

+0-05

30YR GNMA 3.0

98-20

+0-06

30YR GNMA 3.5

102-25

+0-04

15YR FNMA 3.0

103-17

+0-05

15YR FNMA 2.5

100-18

+0-03

Treasuries

Yield

Change

2 YR

0.3170%

-0.0039

5 YR

1.3604%

-0.0211

10 YR

2.6064%

-0.0109

30 YR

3.7065%

+0.0061

Prices as of: 10/3/2013 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe