Daily Newsletter: Friday December 13, 2013

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30 Year Fixed

                                                                4.57%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.58%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.86%
                                                                  
                                                                -0.0164

FNMA 30YR 3.5

                                                                99-24
                                                                  
                                                                +0-06

FNMA 15YR 2.5

                                                                102-04
                                                                  
                                                                -0-01

View Today's Rates

Friday December 13, 2013

MND NewsWire - 12:19PM

FHA Shortfall Belies Significant Progress

After asking for taxpayer assistance for the first time in its 79 year history last September, a new actuarial report says the Federal Housing Administration (FHA) may again need to ...

MND NewsWire - 4:57PM

Regulators Grant Some Leeway to Lenders on QM vs Non-QM

The four federal agencies most involved in supervision of financial institutions as they work to comply with new Dodd-Frank Act regulations said today that, as they conduct their examinations ...

MND NewsWire - 5:12PM

The Rental Housing Affordability Crisis

A new study from the Harvard Joint Center on Housing Studies in conjunction with the McArthur Foundation looks at the growing importance of rental housing in the U.S. as households ...

Mortgage Rate Watch - 3:46PM

Mortgage Rates Slide Sideways Ahead of Important Fed Announcement

Mortgage rates were unchanged today on average, and thus remain near recent highs with 4.625% the most prevalently quoted rate for ideal, conforming 30yr Fixed scenarios ( best-execution ...

Latest Video

All America Survey: Housing trends

Cashin says: Market's oversold, but still a 10-year fear

What are the odds it's taper time?

More News from 'Around the Web'

Bloomberg - 4:33PM
Reid Says Budget Nod Necessary to Avoid Party 'Suicide' - Bloomberg
CNBC - 4:33PM
Busy next week with Fed meeting in focus
www.ginniemae.gov - 3:44PM
Ginnie Mae to Provide Loan-Level Data on Existing Single-Family Mortgage-Backed Securities
The Huffington Post - 3:26PM
Watt Now? (Or, Can Mel Watt Fix the Housing Crisis?)
Google News - 2:18PM
NAR Praises Positive Federal Housing Administration Actuarial Review
www.washingtontimes.com - 2:17PM
STEVENS: Resisting the seduction of housing speculation
CNBC - 2:15PM
The healthiest housing markets? It'll surprise you
House Financial Services - 2:02PM
Really Awesome Example of Hilariously Imbalanced Political Posturing re: FHA
Bloomberg - 11:12AM
FHA Actuarial Report Finds Agency Still Unable to Cover Losses - Bloomberg
OCC - 11:10AM
Agencies Issue Statement on Supervisory Approach for Qualified and Non-Qualified Mortgage Loans
HUD - 11:10AM
FHA Issues Annual Financial Status Report to Congress
Bloomberg - 10:21AM
How to Make San Francisco's Housing More Affordable - Bloomberg
www.npr.org - 9:39AM
Mel Watt: A new Captain in charge of America's Housing Market
Reuters - 9:39AM
Producer prices fall for third straight month in November
CNN - 8:07AM
Worst year in history for bond funds
CNBC - 8:07AM
BofA's Merrill pays $132 million in mortgage probe
CNBC - 8:00AM
US bonds tread water; await more Fed taper hints

Today's Comments

	MBS Live Chat - 1:49PM "sorry if this was asked already (i've been on the road all week) What's going on with the G-Fee? Are rates going to pop another 10bps next week?..."
	MBS Live Chat - 1:58PM "no way to know exactly when lenders will price it in AD, but probably not all at once (though I think a few did that last time. If so, it wouldn't be for another month or two depending on the lock time frame)...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.57%

+0.00

15 Yr FRM

3.58%

+0.00

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.50%

+0.01

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

4.61%

0.26

+0.10

15 Yr. Fixed

3.66%

0.31

+0.10

30 Yr. Jumbo

4.59%

0.15

+0.10

30 Yr. FHA

4.30%

0.38

+0.13

5/1 ARM

3.11%

0.35

+0.02

Freddie Mac **

30 Yr. Fixed

4.42%

0.70

-0.04

15 Yr. Fixed

3.43%

0.70

-0.04

1 Yr. ARM

2.51%

0.40

-0.08

5/1 Yr. ARM

2.94%

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

95-13

+0-08

30YR FNMA 3.5

99-24

+0-06

30YR GNMA 3.0

96-21

+0-11

30YR GNMA 3.5

101-00

+0-06

15YR FNMA 3.0

102-04

-0-01

15YR FNMA 2.5

99-03

0-00

Treasuries

Yield

Change

2 YR

0.3302%

+0.0044

5 YR

1.5292%

-0.0062

10 YR

2.8646%

-0.0164

30 YR

3.8731%

-0.0234

Prices as of: 12/13/2013 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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