Daily Newsletter: Wednesday November 6, 2013

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30 Year Fixed

                                                                4.30%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.41%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.65%
                                                                  
                                                                -0.0238

FNMA 30YR 3.5

                                                                101-26
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-23
                                                                  
                                                                +0-08

View Today's Rates

Wednesday November 6, 2013

MND NewsWire - 2:58PM

Home Prices Rise Most since 2006; Pace to Slow

Home Prices continued higher for most of the metropolitan areas examined in the most recent quarterly report by the National Association of Realtors® (NAR). Median prices for the ...

Mortgage Rate Watch - 4:03PM

Mortgage Rates Hold Steady Ahead of Important Data

Mortgage rates were relatively unchanged today, after rising somewhat significantly in the past week. Yesterday's rates were the highest since mid-October. Some lenders are just slightly ...

MND NewsWire - 8:56AM

Purchase and Refi Applications Backtrack Amid Rising Rates

The Mortgage Bankers Association's (MBA) Refinancing Index lost most of the gains it had made the previous week as applications for refinancing fell 8 percent during the week ended ...

MBS Commentary - 4:46PM

MBS RECAP: Narrowest Trading Range in 6 Months

MBS Live : MBS Afternoon Market Summary The title of todays' recap, "narrowest trading range in 6 months," is the only thing interesting about today. Even on the approach, there was ...

Latest Video

The health of housing in the US

We are buyers of housing: Pro

The next great real estate trade

More News from 'Around the Web'

investors.flagstar.com - 4:47PM
Flagstar Reaches Settlement with Fannie Mae over Mortgage Repurchase Obligations
Bloomberg - 3:34PM
Data Thresholds Prompt Flexible Policy Expectations, Fed Says - Bloomberg
Bloomberg - 2:29PM
Wells Fargo Pays $335 Million for Mortgage Bond Claims - Bloomberg
Bloomberg - 1:42PM
Yellen Met With Blankfein, Dimon as Prospects as Fed Chief Rose
WSJ - 1:40PM
Why Fannie and Freddie Are Paying Back Uncle Sam
Market Watch - 1:38PM
Fed's Pianalto: Faster growth would allow taper
Reuters - 1:38PM
Wells Fargo settles federal mortgage claims for $335 million
Bloomberg - 11:00AM
Blackstone Lures Investors to Home-Rental Bonds: Credit Markets - Bloomberg
Google News - 10:19AM
NAR: Most Metro Areas Show Strong Annual Home-Price Growth
CNN - 10:13AM
Rich investors sitting on a pile of cash
CNBC - 10:13AM
What indicators say about growth
Bloomberg - 10:09AM
Regions Discloses HUD Subpoena Related to Mortgages
www.nytimes.com - 10:08AM
The European Central Bank's Inflation Conundrum
Market Watch - 9:07AM
Treasurys hold gains after refunding announcement
Bloomberg - 8:01AM
Freddie Mac Said to Sell $630 Million of Risk-Sharing Securities - Bloomberg
NAFCU - 8:01AM
NAFCU pushes for guaranteed access to secondary mortgage market
NAFCU - 8:01AM
Now a good time to review mortgage rule resources
CNBC - 7:59AM
Roller coaster markets as mortgage apps fall
Market Watch - 7:59AM
Wells Fargo faces U.S. mortgage-bond probe: report
Bloomberg - 7:59AM
Ally's Mortgage Pipeline Falls to Zero as Firm Ends 30-Year Run - Bloomberg

Today's Comments

	MBS Live Chat - 12:48PM "looks like a day of sideways/holding pattern until GDP tomorrow and NFP on friday..."
	MBS Live Chat - 12:51PM "Local AM station in Los Angeles / Orange County is predicting a sub 100K number on Friday...."
	MBS Live Chat - 12:53PM "from Gallup, In a month when government workers at all levels reported less hiring at their workplaces, Gallup's Job Creation Index dipped slightly in October to +19, the first time since April the index has registered below plus 21. From a longer-term perspective, the index in October is similar to..."
	MBS Live Chat - 12:54PM "sub 100k, historically, would not be a big miss at all. It's entirely possible..."
	MBS Live Chat - 12:58PM "Understandable, but if we miss at sub 100K, would that at least help us avert a sell off?..."
	MBS Live Chat - 1:02PM "probably avert, but not sure how far it would move us in the other direction...."
	MBS Live Chat - 1:04PM "Well, I am a realist. I don't expect too much out of it, given a miss, but would like to avoid a face melter!!..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.30%

+0.01

15 Yr FRM

3.41%

+0.01

FHA 30 Year Fixed

3.95%

+0.02

Jumbo 30 Year Fixed

4.29%

+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

4.32%

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

4.10%

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

97-18

+0-03

30YR FNMA 3.5

101-26

+0-05

30YR GNMA 3.0

98-16

+0-03

30YR GNMA 3.5

102-27

+0-04

15YR FNMA 3.0

103-23

+0-08

15YR FNMA 2.5

100-17

+0-04

Treasuries

Yield

Change

2 YR

0.2935%

-0.0119

5 YR

1.3395%

-0.0440

10 YR

2.6458%

-0.0238

30 YR

3.7750%

+0.0054

Prices as of: 11/6/2013 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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