Daily Newsletter: Tuesday November 19, 2013

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30 Year Fixed

                                                                4.33%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.42%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.71%
                                                                  
                                                                +0.0429

FNMA 30YR 3.5

                                                                101-17
                                                                  
                                                                -0-11

FNMA 15YR 2.5

                                                                103-14
                                                                  
                                                                -0-07

View Today's Rates

Tuesday November 19, 2013

Mortgage Rate Watch - 4:51PM

Mortgage Rates Rise Ahead of Important Data

Mortgage rates broke their 4-day winning streak, moving just slightly higher in most cases. Some lenders fared worse than others and many recalled initial rate sheets for a mid-day ...

MND NewsWire - 10:37AM

RESPA-TILA Disclosure Change Announcement; No Exemption for Small Lenders

One day before a scheduled Consumer Financial Protection Bureau (CFPB) "field hearing" in Boston, Bloomberg is reporting that its Director, Richard Cordray. will use the occasion to ...

Pipeline Press - 10:02AM

The Argument for the Fed Reducing MBS Purchases; 35 business days til QM; PACE Loan Update

For today’s history lesson, exactly 150 years ago US President Abraham Lincoln delivered the two minute Gettysburg Address. Sometimes it feels like that was about when I had my ...

MND NewsWire - 2:34PM

California Sales Slide Again, Shutdown Gets Partial Blame

The government shutdown and the typical end of summer doldrums dragged California home sales down in October, the third straight month of falling sales. The California Association of ...

Latest Video

Harris: Yellen would like to end QE

Consumers putting more money into homes: Pro

Census bureau responds to 'fake' jobs report

More News from 'Around the Web'

Bloomberg - 5:16PM
Fed's Evans Says Bond Buying May Total More Than $1.5 Trillion - Bloomberg
Google News - 5:13PM
Realtors® Demand Immediate Relief for Homeowners Impacted by Unforeseen and Exponential Increases in Flood Insurance Premiums
WSJ - 4:30PM
Yellen Responds to Senators' Questions Following Hearing
Bloomberg - 3:58PM
Bank Bashers Will Regret Their Zeal - Bloomberg
WSJ - 3:00PM
How Would Fed Deal With Debt Ceiling Crisis? Look to Minutes for Clues
www.justice.gov - 2:59PM
Justice Department, Federal and State Partners Secure Record $13 Billion Global Settlement with JPMorgan for Misleading Investors About Securities Containing Toxic Mortgages
Reuters - 2:10PM
Fed's Yellen: policy to stay easy after threshold crossed -letter
freddiemac.mwnewsroom.com - 2:07PM
2014: The Emerging Purchase Market
webfeeds.brookings.edu - 12:40PM
Residential Property Taxes in the United States
www.treasury.gov - 12:39PM
Making Home Affordable Heads to the Sunshine State to Help Struggling Homeowners
Reuters - 12:06PM
Lew says big budget deal unlikely without revenues
The Huffington Post - 12:05PM
Big Banks Prepared For U.S. Default
www.aei-ideas.org - 10:48AM
More evidence average is over' and the US middle class is thinning
Reuters - 10:43AM
JPMorgan $13 billion mortgage deal expected Tuesday
NY Fed - 10:39AM
Home Price Conditions interactive maps and charts updated as of September 2013
NAHB - 10:10AM
Developers? Sentiment About Multifamily Market Off Recent Peak, but Remains Positive
Market Watch - 8:53AM
Treasurys slip ahead of Bernanke, FOMC minutes
Reuters - 8:53AM
Home Depot raises outlook again after strong quarter
Reuters - 8:52AM
U.S. labor costs point to still-benign inflation
nypost.com - 8:51AM
Census faked' 2012 election jobs report

Today's Comments

	MBS Live Chat - 1:29PM "I am right on the fence..."
	MBS Live Chat - 1:29PM "I think markets are too..."
	MBS Live Chat - 1:30PM "and I'm not just saying that. 2.671 is the 5-yr moving average in 10s...."
	MBS Live Chat - 1:30PM "so really is a roll of the dice which way we go this week?..."
	MBS Live Chat - 1:32PM "I live in the if unsure lock school these days! so I will recomend locking.Thanks..see you helped just giving me that!..."
	MBS Live Chat - 1:33PM "yeah, I think the broad-scale "orbiting" around 2.671 (Since JUNE, mind you!) is indicative of a massive-scale uncertainty, so at least you're not alone there)...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.33%

+0.03

15 Yr FRM

3.42%

+0.02

FHA 30 Year Fixed

4.01%

+0.01

Jumbo 30 Year Fixed

4.31%

+0.01

5/1 Yr ARM

3.25%

+0.00

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

97-07

-0-14

30YR FNMA 3.5

101-17

-0-11

30YR GNMA 3.0

98-11

-0-08

30YR GNMA 3.5

102-19

-0-08

15YR FNMA 3.0

103-14

-0-07

15YR FNMA 2.5

100-09

-0-11

Treasuries

Yield

Change

2 YR

0.2943%

+0.0121

5 YR

1.3565%

+0.0427

10 YR

2.7104%

+0.0429

30 YR

3.8026%

+0.0448

Prices as of: 11/19/2013 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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