Daily Newsletter: Tuesday December 17, 2013

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30 Year Fixed

                                                                4.57%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.58%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.84%
                                                                  
                                                                -0.0384

FNMA 30YR 3.5

                                                                100-02
                                                                  
                                                                +0-10

FNMA 15YR 2.5

                                                                102-10
                                                                  
                                                                +0-05

View Today's Rates

Tuesday December 17, 2013

MND NewsWire - 2:16AM

Mortgage Rates to Take Big Hit from Fee Hikes

As loan officers and borrowers prepare for the Federal Open Market Committee's ("the Fed") potential tapering announcement Wednesday, Fannie Mae and Freddie Mac ("the GSEs") Tuesday ...

MND NewsWire - 3:23PM

Bay Area Home Sales Falling Much Faster Than State Average

Home sales in the San Francisco Bay Area like those in the state at large fell in November DataQuick said today. While state-wide sales, as reported earlier today by the California ...

Pipeline Press - 10:59AM

FAMC Cuts Jumbo Fixed; CashCall Lawsuit; Upcoming Training Events & Vendor Changes

Clients of Franklin American received this e-mail yesterday: “Due to the market environment and regulatory concerns, Franklin American will be removing the jumbo fixed rate product ...

Mortgage Rate Watch - 4:37PM

Mortgage Rates Eerily Flat Ahead of Big Fed Announcement

Mortgage rates remained at the same level for the 4th consecutive day despite some movement in MBS (the "mortgage-backed securities" that most directly affect rates). 4.625% remains ...

Latest Video

Cashin says: Keep an eye on 10-year yield and VIX

CNBC Fed survey: Yellen vs. Bernanke

Home builder confidence soars

More News from 'Around the Web'

WSJ - 5:42PM
What to Watch for From the Fed Meeting
DataQuick - 5:41PM
November California Home Sale Press Release
CNBC - 3:55PM
Boldest predictions for 2014
DataQuick - 1:38PM
November Bay Area Home Sale Press Release
CNBC - 1:37PM
Homes get makeovers as mortgages are back in black
FHFA - 1:36PM
FHFA Issues Scenarios and Guidance to Fannie Mae, Freddie Mac and the Federal Home Loan Banks Regarding Annual Dodd-Frank Stress Tests
www.aei.org - 12:52PM
FHA Watch, December 2013 (Vol. 2, No. 12)
The Huffington Post - 11:06AM
Can You Use the Good Faith Estimate to Shop Mortgage Prices?
NAHB - 11:04AM
NAHB: Builder Confidence Rises Four Points in December
NY Fed - 11:04AM
NY Fed: Home Price Conditions interactive maps and charts updated as of October 2013
CNBC - 11:03AM
Home builder confidence ends year on high note
www.justice.gov - 11:03AM
Justice Department Files Fair Housing Lawsuit Against Owner and Manager of Rental Housing in New Hampshire for Discrimination Against Families with Children
www.gallup.com - 9:42AM
Americans Slowly Regaining Confidence in the Economy
CNBC - 9:39AM
US prices flat in November, helped by cheaper gas
Reuters - 9:39AM
Current account deficit smallest in four years
CNBC - 9:36AM
Edgy bonds dealers start to look beyond the taper
FHFA - 9:35AM
HARP Volume Dips in Third Quarter
www.nytimes.com - 7:58AM
U.S. May Cut Its Presence in Supporting Mortgages
www.npr.org - 7:57AM
Forget Golf Courses: Subdivisions Draw Residents With Farms

Today's Comments

	MBS Live Chat - 2:41PM "Is there a link showing the new LLPA's?..."
	MBS Live Chat - 2:41PM "right on this very site JA: http://mbslive.mortgagenewsdaily.com/knowledgebase/articles/295879-spring-2014-llpa-and-amdc-changes-comparative-tab..."
	MBS Live Chat - 2:31PM "For the retail guys on here, have your companies mentioned when they will start pricing in the gfee change? I was being told we are going to start seeing them priced in first week of January...."
	MBS Live Chat - 2:36PM "I would assume by mid january..."
	MBS Live Chat - 2:39PM "i would err on the side of caution re: lock time..."
	MBS Live Chat - 2:31PM "these new LLPAs are wild..."
	MBS Live Chat - 12:24PM "From the looks of the new LLPA's a 740 credit score is the new subprime..."

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

4.52%

+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

95-24

+0-11

30YR FNMA 3.5

100-02

+0-10

30YR GNMA 3.0

97-00

+0-09

30YR GNMA 3.5

101-12

+0-09

15YR FNMA 3.0

102-10

+0-05

15YR FNMA 2.5

99-10

+0-06

Treasuries

Yield

Change

2 YR

0.3224%

-0.0120

5 YR

1.4981%

-0.0363

10 YR

2.8390%

-0.0384

30 YR

3.8722%

-0.0226

Prices as of: 12/17/2013 4:26PM 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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