Daily Newsletter: Wednesday November 27, 2013

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30 Year Fixed

                                                                4.47%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                3.53%
                                                                  
                                                                +0.04

10YR Treasury

                                                                2.74%
                                                                  
                                                                +0.0270

FNMA 30YR 3.5

                                                                100-28
                                                                  
                                                                -0-11

FNMA 15YR 2.5

                                                                103-04
                                                                  
                                                                -0-05

View Today's Rates

Wednesday November 27, 2013

Mortgage Rate Watch - 3:35PM

Mortgage Rates Back up to Recent Highs

Mortgage rates moved decidedly higher today, bringing most lenders back in line with their highest recent rate sheet offerings from November 12th. In many cases, this may result in ...

MND NewsWire - 9:26AM

Mortgage Applications Unchanged After Seasonal Adjustments

Applications for mortgages moved in two directions during the week ending November 22, depending on whether the figures were presented "as is" or on a seasonally adjusted basis. The ...

Pipeline Press - 10:23AM

Generally Good News in the Housing Market; No Change to Conforming Loan Limits

A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most recent recession, while values in large ...

MBS Commentary - 4:27PM

MBS RECAP: Weaker After Data; How Much Should you Blame the Holiday?

MBS Live : MBS Afternoon Market Summary Today offers a very interesting set of circumstances to consider for MBS and mortgage rates. First, we can safely assume that rate sheets have ...

Latest Video

December's most important number

Cashin: Taper not priced into market

Santelli's Midday Bond Report

More News from 'Around the Web'

CFPB - 4:10PM
Updated exam procedures for revised mortgage rules -CFPB
PR Newswire - 4:10PM
Fannie Mae Releases October 2013 Monthly Summary
freddiemac.mwnewsroom.com - 1:28PM
Freddie Mac Immediately Extends Mortgage Relief to Illinois Homeowners Impacted by Tornadoes
CNBC - 1:05PM
Goldman trades are good-just not great: Report
Bloomberg - 12:28PM
Treasuries Decline as 7-Year Sale Demand Is Lowest Since 2009 - Bloomberg
Market Watch - 12:28PM
Looking for a vacation home? Might need to pay cash
Bloomberg - 11:28AM
Long Bonds Spurned as Buyers Seek Taper Shelter: Credit Markets - Bloomberg
Washington Post - 11:28AM
Wonkblog: Markets used to freak out over tapering QE. The Fed has persuaded them not to.
freddiemac.mwnewsroom.com - 10:08AM
Fixed Mortgage Increase Slightly
freddiemac.mwnewsroom.com - 9:55AM
Freddie Mac Issues Monthly Volume Summary for October 2013
The Huffington Post - 9:55AM
Fed Pressured JPMorgan To Distance Itself From Controversial Business For More Than A Year
www.philadelphiafed.org - 9:55AM
Analysis: Third Quarter 2013 House Prices
The Big Picture - 9:55AM
A Way With Words: The Economics of the Fed's Press Conference
CNBC - 8:24AM
Mortgage apps slide for 4th week running
CNBC - 8:15AM
Is the Fed trying to 'fool' the bond market?
CNBC - 8:14AM
US bond markets poised for next Treasury auction
CNBC - 8:14AM
Wall Street awaits data deluge ahead of holiday
CNBC - 8:14AM
US banks could face legal charges of over $100 billion: S&P

Today's Comments

MBS Live Chat - 1:38PM

"The day a person decides that his career is originating loans is the day they start getting more business. That day happened for me 12 or 13 years ago. Rolling into the office at 10am, leaving at 4pm, not answering the phone after hours or on the weekend is simply not the way to approach this industry..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.47%

+0.05

15 Yr FRM

3.53%

+0.04

FHA 30 Year Fixed

4.17%

+0.06

Jumbo 30 Year Fixed

4.43%

+0.04

5/1 Yr ARM

3.24%

-0.01

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%

0.38

+0.02

15 Yr. Fixed

3.52%

0.33

+0.00

30 Yr. Jumbo

4.47%

0.22

-0.01

30 Yr. FHA

4.14%

0.25

-0.02

5/1 ARM

3.12%

0.27

+0.01

Freddie Mac **

30 Yr. Fixed

4.29%

0.70

+0.07

15 Yr. Fixed

3.30%

0.70

+0.03

1 Yr. ARM

2.60%

0.40

-0.01

5/1 Yr. ARM

2.94%

0.50

-0.01

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

96-15

-0-14

30YR FNMA 3.5

100-28

-0-11

30YR GNMA 3.0

97-21

-0-11

30YR GNMA 3.5

101-31

-0-10

15YR FNMA 3.0

103-04

-0-05

15YR FNMA 2.5

99-26

-0-09

Treasuries

Yield

Change

2 YR

0.2893%

-0.0039

5 YR

1.3620%

+0.0513

10 YR

2.7355%

+0.0270

30 YR

3.8132%

+0.0159

Prices as of: 11/27/2013 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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