Daily Newsletter: Friday November 1, 2013

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30 Year Fixed

                                                                4.25%
                                                                  
                                                                +0.11

15 Year Fixed

                                                                3.35%
                                                                  
                                                                +0.07

10YR Treasury

                                                                2.62%
                                                                  
                                                                +0.0730

FNMA 30YR 3.5

                                                                102-01
                                                                  
                                                                -0-17

FNMA 15YR 2.5

                                                                103-18
                                                                  
                                                                -0-09

View Today's Rates

Friday November 1, 2013

Mortgage Rate Watch - 4:59PM

Mortgage Rates Continue Breakout Move Higher

Mortgage rates continued higher today , after breaking a very long, very flat streak following last week's jobs numbers. Like yesterday, today's culprit was stronger-than-expected economic ...

MND NewsWire - 1:34PM

No Leadership Change at FHFA; Watt/Democrats will Try Again

Despite statements of support from housing advocates, industry trade groups, and the White House the Senate yesterday refused to allow a vote on the President's nominee for Director ...

Pipeline Press - 9:59AM

Mel Watt Nomination Blocked - For Now; New Fannie Lawsuit

Provident Funding, Stearns Lending, Fifth Third Mortgage, Flagstar Bank, United Wholesale Mortgage, Nationstar Mortgage, New York Community Bank, Union Bank, Sierra Pacific Mortgage ...

MBS Commentary - 4:51PM

MBS RECAP: Bond Markets Retreat to Familiar Range After ISM

MBS Live : MBS Afternoon Market Summary This week saw a tentative prodding of range boundaries--both long term and short term--following last week's Employment Situation Report. Wednesday ...

Latest Video

Santelli's Treasury tech update

Cashin says: Watch the 10-year Treasury yield

The Week That Was: No Fed taper talk

More News from 'Around the Web'

Reuters - 4:59PM
Fed officials eye inflation, jobs in dueling QE arguments
SEC - 4:58PM
SEC Obtains Asset Freeze in California-Based Real Estate Investment Scheme
DataQuick - 4:58PM
September Las Vegas Home Sale Press Release
The Huffington Post - 3:59PM
Ellen Haberle: And They're Back! Buyer Demand Rebounds After Government Reopens
www.aei.org - 3:55PM
House Prices and Fundamentals Under the Microscope
Washington Post - 3:49PM
Jumbo home loans may grow more common if Fannie and Freddie trim their mortgage limits
OCC - 2:30PM
OCC Releases Dodd-Frank Stress Testing Scenarios for 2014 and the Final Policy Statement for Developing the Annual Stress Test Scenarios
Bloomberg - 2:24PM
Fed to Test Banks Against Interest Rate Rise, Housing Collapse - Bloomberg
www.bizjournals.com - 1:14PM
Wells Fargo 'quietly' settles FHFA claim for less than $1 billion
Market Watch - 10:49AM
The Week in Charts: See the week's scary housing and jobs data
Reuters - 10:49AM
Stock funds worldwide attract $12.4 billion, extending record inflows: BofA
Bloomberg - 9:35AM
Markit Factory Index in U.S. Fell to 51.8 in October From 52.8 - Bloomberg
www.cfpbmonitor.com - 9:34AM
Tentative settlement reportedly reached in Mount Holly
CNBC - 9:32AM
Fed's Bullard: need confidence job gains will stick before taper
Reuters - 8:36AM
Stock futures edge higher after two-day decline
CNBC - 8:06AM
We missed an opportunity in September to begin the taper: Fed's Plosser
WSJ - 1:06AM
Lenders Extend the Clock on the Lock
Bloomberg - 1:06AM
Stocks Cap Biggest Rally in Two Years to Beat Bonds, Commodities - Bloomberg

Today's Comments

	MBS Commentary - 2:18PM "The move in rates today is as much a result of the comments by James Bullard and Charles Plosser as the Manufacturing ISM. Any hint of tapering or normalization of policy will have this affect on interest rates...."
	MBS Live Chat - 2:47PM "Seriously, sending out cobranded MND stuff has helped me with multiple referral partners and clients...."
	MBS Live Chat - 2:47PM "I send out a co branded market update everyday to referral partners and clients. They love it. MND rocks!!!..."
	MBS Live Chat - 2:48PM "You can get the charts and more technical information on the initial article published in the morning..."The Day Ahead."..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.25%

+0.11

15 Yr FRM

3.35%

+0.07

FHA 30 Year Fixed

3.89%

+0.06

Jumbo 30 Year Fixed

4.25%

+0.11

5/1 Yr ARM

3.18%

+0.06

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

4.33%

0.26

-0.06

15 Yr. Fixed

3.42%

0.30

-0.09

30 Yr. Jumbo

4.36%

0.27

-0.07

30 Yr. FHA

4.06%

0.17

-0.09

5/1 ARM

3.17%

0.38

-0.08

Freddie Mac **

30 Yr. Fixed

4.10%

0.70

-0.03

15 Yr. Fixed

3.20%

0.70

-0.04

1 Yr. ARM

2.64%

0.40

+0.04

5/1 Yr. ARM

2.96%

0.40

-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

97-30

-0-21

30YR FNMA 3.5

102-01

-0-17

30YR GNMA 3.0

98-29

-0-22

30YR GNMA 3.5

103-05

-0-16

15YR FNMA 3.0

103-18

-0-09

15YR FNMA 2.5

100-21

-0-11

Treasuries

Yield

Change

2 YR

0.3131%

+0.0042

5 YR

1.3768%

+0.0522

10 YR

2.6236%

+0.0730

30 YR

3.6961%

+0.0592

Prices as of: 11/1/2013 4:29PM 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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