Daily Newsletter: Monday November 18, 2013

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30 Year Fixed

                                                                4.30%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.40%
                                                                  
                                                                -0.04

10YR Treasury

                                                                2.67%
                                                                  
                                                                -0.0394

FNMA 30YR 3.5

                                                                101-28
                                                                  
                                                                +0-12

FNMA 15YR 2.5

                                                                103-21
                                                                  
                                                                +0-06

View Today's Rates

Monday November 18, 2013

Mortgage Rate Watch - 4:55PM

Mortgage Rates Lower for 4th Straight Day

Mortgage rates moved noticeably lower to begin the week, continuing a winning streak that began last Wednesday. Today's improvement brings the total improvement over 4 days to one-eighth ...

MND NewsWire - 10:50AM

Builders Blame Congress For Home-Buying Headwinds

Builder confidence in the market for newly constructed homes remains only moderately positive according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market ...

MBS Commentary - 7:53AM

The Week Ahead: Slow Start, then FOMC Minutes and Important Data

Last Week - Holiday-shortened week began with bonds on the ropes after NFP - Bonds rallied on Wednesday after release of Yellen's prepared remarks - Rally extended on Thursday during ...

Pipeline Press - 9:20AM

Why You Should Care about Mount Holly Gardens; Thoughts on M&A for Lenders; 36 business Days for QM

There is an abundance of smaller lenders who would rather focus on funding loans than on focus on compliance, and an abundance of companies with strong compliance departments looking ...

Latest Video

JPM settlement: What the big bank is actually paying

Santelli Exchange: Not seeing normalization from Fed

Dow, S&P 500 reach new highs

More News from 'Around the Web'

Bloomberg - 4:54PM
JPMorgan Said to Agree to Cover Some WaMu Costs on Mortgage Deal - Bloomberg
www.coloradoattorneygeneral.gov - 4:54PM
ATTORNEY GENERAL INDICTS FRAUD SCHEME TARGETING DISTRESSED HOMEOWNERS
Reuters - 4:29PM
Fed's Dudley 'hopeful' on recovery; Plosser calls for capping QE
National Housing Conference - 3:04PM
What the duty-to-serve concept in mortgage finance really means
Market Watch - 1:54PM
Fed's Plosser: Time to bring QE3 to an end
Reuters - 1:22PM
Fed's message of no rate hike until 2015 is sinking in: study
Bloomberg - 1:22PM
Dudley 'More Hopeful' Economy Rebounding as Fiscal Drag Wanes - Bloomberg
CNBC - 12:31PM
Fed's Dudley: I'm 'getting more hopeful' on US economic recovery
WSJ - 11:36AM
Fed's Rosengran Calls for Larger Capital Cushions
Bloomberg - 10:54AM
Yellen's Labor Gauges Support Easier-for-Longer Policy: Economy - Bloomberg
Bloomberg - 10:54AM
Funds Rejecting Fed as Reckless See Loss in '13: Credit Markets - Bloomberg
CNBC - 10:22AM
Home builder confidence flat amid rising costs
CNBC - 9:34AM
US stocks open higher, S&P 500 clears 1,800; Dow hits 16,000
news.google.com - 9:03AM
The Morning Ledger: Wal-Mart Warns of Unhappy Holidays - Wall Street Journal
Market Watch - 9:02AM
Treasurys edge up ahead of Fed speakers
Reuters - 8:15AM
Futures tick up as Fed remains focus; resistance looms
Reuters - 8:14AM
JPMorgan Chase to pay $4.5 billion in mortgage security deal
Bloomberg - 8:13AM
S&P Loses Bid to End California's Mortgage Ratings Suit - Bloomberg
Reuters - 8:13AM
Ackman's Pershing Square takes big stakes in Freddie, Fannie
CNBC - 8:11AM
This real estate bubble may have burst: WSJ

Today's Comments

	MBS Commentary - 9:56AM "Great analysis. It's almost spooky how the TSY chart is following same pattern as 2010/2011. Now if you can eventually convince it to repeat 2nd half 2012/first half 2013, lots of folks will buy homes and save big money refinancing!..."
	MBS Live Chat - 3:05PM "Does anyone know where I can get a good graph showing average mortgage rates for the past 5 to 10 years? I'm working on a presentation and I need o find one. Thanks in advance...."
	MBS Live Chat - 3:05PM "http://www.mortgagenewsdaily.com/data/30-year-mortgage-rates.aspx..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.30%

-0.05

15 Yr FRM

3.40%

-0.04

FHA 30 Year Fixed

4.00%

-0.08

Jumbo 30 Year Fixed

4.30%

-0.03

5/1 Yr ARM

3.25%

+0.03

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

4.32%

0.42

-0.01

15 Yr. Fixed

3.44%

0.30

+0.02

30 Yr. Jumbo

4.37%

0.26

+0.01

30 Yr. FHA

4.07%

0.22

+0.01

5/1 ARM

3.08%

0.31

-0.09

Freddie Mac **

30 Yr. Fixed

4.35%

0.70

+0.19

15 Yr. Fixed

3.35%

0.70

+0.08

1 Yr. ARM

2.61%

0.40

+0.00

5/1 Yr. ARM

3.01%

0.40

+0.05

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

97-21

+0-14

30YR FNMA 3.5

101-28

+0-12

30YR GNMA 3.0

98-19

+0-10

30YR GNMA 3.5

102-27

+0-12

15YR FNMA 3.0

103-21

+0-06

15YR FNMA 2.5

100-20

+0-08

Treasuries

Yield

Change

2 YR

0.2822%

-0.0120

5 YR

1.3138%

-0.0327

10 YR

2.6675%

-0.0394

30 YR

3.7578%

-0.0369

Prices as of: 11/18/2013 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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