Daily Newsletter: Monday November 4, 2013

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30 Year Fixed

                                                                4.24%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.35%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.60%
                                                                  
                                                                -0.0219

FNMA 30YR 3.5

                                                                102-08
                                                                  
                                                                +0-07

FNMA 15YR 2.5

                                                                103-25
                                                                  
                                                                +0-07

View Today's Rates

Monday November 4, 2013

MND NewsWire - 10:56AM

First-Time Home Buyers Losing Market Share

The market share of first-time homebuyers continued to decline this year, slipping one percentage point to 38 percent and down from the long-term average of 40 percent. This is one ...

MND NewsWire - 10:37AM

Big Banks Tested Against Rising Rates, Housing Crash

Large financial institutions facing their annual round of stress tests were given their scripts by regulators on Friday. The tests are designed to identify ways these complex institutions ...

MND NewsWire - 12:55PM

Adjustable Rate Resets no Longer a Looming Threat

One of the big worries in the early days of the housing crises were the large numbers of adjustable rate mortgages originated during the boom years that were scheduled to reset in stages ...

Mortgage Rate Watch - 4:55PM

Mortgage Rates Hold Ground to Begin new Week

Mortgage rates were mostly flat today, though some lenders offered slightly improved rate sheets compared to Friday afternoon. The improvements would have been small enough to only ...

Latest Video

Risk of bond market bubble: Bullard

Should big banks be worried?

Cashin says: Keep an eye on frothiness

More News from 'Around the Web'

Market Watch - 4:29PM
Fed's Rosengren: Dec. or April taper about same
www.cfpbmonitor.com - 3:46PM
CFPB to hold mortgage field hearing on November 20
Bloomberg - 2:57PM
U.S. Banks Ease Standards on Business Loans, Fed Survey Shows - Bloomberg
CNBC - 2:54PM
Here's what may happen when the market is up this much
WSJ - 1:41PM
Third Quarter Likely Dragged Down by Lackluster Business Spending
Reuters - 1:39PM
Suntrust to add corporate banking sites in three major U.S. cities
Reuters - 1:39PM
Fed in no rush to cut bond buys, top policymakers say
CNBC - 1:39PM
Definitely' stock bubble brewing': Pro
WSJ - 12:07PM
Fed's Powell: Eventual Pullback Shouldn't Hurt Emerging-Market Economies
Bloomberg - 12:02PM
Gross Loses World's Largest Mutual Fund Title to Vanguard - Bloomberg
Market Watch - 12:02PM
Fed to try to send clear signals on taper: Powell
Google News - 10:57AM
Home Buyers and Sellers Survey Shows Lingering Impact of Tight Credit
CNBC - 10:19AM
US factory orders up 1.7% in September, matching estimates
Google News - 10:19AM
Realtors® Report Americans Prefer to Live in Mixed-Use, Walkable Communities
www.gallup.com - 9:01AM
Americans' Self-Reported Spending Up Slightly in October
Market Watch - 8:58AM
CME Group profit rises as trading volume leaps 11%
CNBC - 8:07AM
Fed's Bullard: We've made substantial progress in US labor markets
Bloomberg - 1:02AM
Treasuries Fall Most in 2 Months as Better Data Back Fed Taper - Bloomberg
Reuters - 1:00AM
Fed's Fisher says stimulus tapering will be data dependent

Today's Comments

	MBS Commentary - 9:09AM "excellent point on NFP...."
	MBS Live Chat - 11:57AM "Anyone have info on the Freddie qualificaiton via Assets for income guidelines?..."
	MBS Live Chat - 11:58AM "Anyone doing those?..."
	MBS Live Chat - 12:00PM "fannie does asset depletion, freddie no..."
	MBS Live Chat - 12:07PM "BB - there may be "some" http://www.freddiemac.com/learn/pdfs/uw/docmatrix.pdf info here..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.24%

-0.01

15 Yr FRM

3.35%

+0.00

FHA 30 Year Fixed

3.88%

-0.01

Jumbo 30 Year Fixed

4.25%

+0.00

5/1 Yr ARM

3.19%

+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

4.33%

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

98-06

+0-08

30YR FNMA 3.5

102-08

+0-07

30YR GNMA 3.0

99-05

+0-08

30YR GNMA 3.5

103-12

+0-07

15YR FNMA 3.0

103-25

+0-07

15YR FNMA 2.5

100-26

+0-05

Treasuries

Yield

Change

2 YR

0.3053%

-0.0078

5 YR

1.3508%

-0.0260

10 YR

2.6017%

-0.0219

30 YR

3.6943%

-0.0018

Prices as of: 11/4/2013 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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