Daily Newsletter: Friday November 29, 2013

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30 Year Fixed

                                                                4.45%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.51%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.75%
                                                                  
                                                                +0.0126

FNMA 30YR 3.5

                                                                100-26
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                103-01
                                                                  
                                                                -0-03

View Today's Rates

Friday November 29, 2013

Mortgage Rate Watch - 1:05PM

Mortgage Rates Modestly Lower but Remain Near Recent Highs

Mortgage rates edged just barely lower today , but remain close to the recent highs seen on Wednesday. Along with November 12th, these 3 days contain the highest rates since the September ...

MND NewsWire - 10:01AM

CFPB's Take on Affiliate Fees, Loans Under $100k, and Several Other Recent Announcements

We have 28 business days until QM is the law of the land, and even after this commentary discussed the CFPB’s policy there still seems to be a small amount of confusion out there ...

MND NewsWire - 12:15PM

FHFA Says Significant Progress Made toward Strategic GSE Goals

The Federal Housing Finance Agency (FHFA) recently released its 2013 Conservatorship Scorecard detailing the progress made by the government sponsored agencies (GSEs) Freddie Mac and ...

MND NewsWire - 12:10PM

Short Sales Becoming Less Favorable For Lenders

RealtyTrac reports that the nature of distressed property sales is evolving. In its most recent report on market and distressed sales, the company noted that changing economics are ...

Latest Video

Closing Bell Exchange

Santelli Exchange: Headwinds, the economy, and uncertainty

Santelli: It really is a spread game

More News from 'Around the Web'

Washington Post - 1:03PM
An interview with Mortimer Zuckerman: How he succeeds in real estate
www.nytimes.com - 12:22PM
Off the Charts: For Long-Term Jobless, a Stubborn Trend
Washington Post - 10:48AM
Wonkblog: Black Friday is a bunch of meaningless hype, in one chart
Market Watch - 10:12AM
Market Snapshot: U.S. stocks rise, on pace for monthly gains
CNBC - 10:08AM
Gold suffers worst November since 1978
Market Watch - 10:08AM
Bond Report: Treasurys eye monthly loss before data deluge
Reuters - 8:54AM
Stock futures edge higher, on track for strong month
CNBC - 8:53AM
US bonds trade in low volumes ahead of Black Friday

Today's Comments

	MBS Live Chat - 10:39AM "Dustin, we have done DU Refi Plus with previous being LPMI. You still need to get Cert transferred from current MI company...."
	MBS Live Chat - 11:45AM "Lender-Purchased Mortgage Insurance New lender-purchased mortgage insurance coverage may be obtained on new DU Refi Plus and Refi Plus mortgage loans, and continuation of existing lender-purchased mortgage insurance coverage on the new loan is also permitted...."
	MBS Live Chat - 12:25PM "I just did one where the LPMI was paid monthly by the lender. The MI certificate was modified to borrower paid monthly mi. Because originally it was lender paid I was unable to disclose the new MI payment. Once the lender determined that it was paid monthly by the previous lender they told me the monthly..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.45%

-0.02

15 Yr FRM

3.51%

-0.02

FHA 30 Year Fixed

4.15%

-0.02

Jumbo 30 Year Fixed

4.42%

-0.01

5/1 Yr ARM

3.22%

-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

4.46%

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

96-14

-0-01

30YR FNMA 3.5

100-26

-0-02

30YR GNMA 3.0

97-18

-0-03

30YR GNMA 3.5

101-30

-0-01

15YR FNMA 3.0

103-01

-0-03

15YR FNMA 2.5

99-26

0-00

Treasuries

Yield

Change

2 YR

0.2854%

-0.0039

5 YR

1.3734%

+0.0114

10 YR

2.7481%

+0.0126

30 YR

3.8186%

+0.0054

Prices as of: 11/29/2013 1:38PM 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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