Daily Newsletter: Friday December 20, 2013

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30 Year Fixed

                                                                4.59%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.61%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.89%
                                                                  
                                                                -0.0423

FNMA 30YR 3.5

                                                                99-27
                                                                  
                                                                +0-17

FNMA 15YR 2.5

                                                                102-04
                                                                  
                                                                +0-06

View Today's Rates

Friday December 20, 2013

MND NewsWire - 2:30PM

As Mortgage Rates Rise, Affordability is Diverging

Freddie Mac's December U.S. Economic & Housing Market Outlook looks at what the company's chief economist Frank Nothaft and deputy chief Leonard Kiefer call " diverging homebuyer ...

Mortgage Rate Watch - 4:29PM

Mortgage Rates Bounce Back; Wake-Up Call on Fee Increases!

Mortgage rates bounced back today, recovery the ground they lost in yesterday's move to 3-month highs. Today then, is the second worst day in 3 months, at least for those who don't ...

MND NewsWire - 2:06PM

CFPB Promises Extra Scrutiny For Ocwen after Lawsuit

One settlement and one enforcement action have been announced in the last 24 hours and they are going to cost two financial institutions a lot of money . The enforcement action, announced ...

Pipeline Press - 10:44AM

Lawsuits: Ocwen/CFPB Case Settled; Major Buyback Ruling in Favor of lenders; MBA Rolls Out QM Guide

Borrowers have saved countless billions by refinancing over the last few years. But they aren't the only ones saving money: the Treasury Department reports that the average interest ...

Latest Video

Keep rising interest rates in perspective: Expert

Banks speed foreclosure sales

The Week That Was: Fed tapers, stocks soar

More News from 'Around the Web'

business.time.com - 5:25PM
Stocks Reach Record Highs After a Week of Bullish Data
WSJ - 3:37PM
Despite Falling Short of Goals, Fed Suffers From QE-Fatigue
Market Watch - 3:37PM
Investors move forward rate-hike expectations
Calculated Risk Blog - 2:39PM
Research: The Long-Term Outlook for Residential Construction
Bloomberg - 1:40PM
Fed Dissenter Rosengren Sees Premature Taper as Growth Unassured - Bloomberg
Reuters - 1:40PM
Yellen Fed nomination headed toward clearing Senate hurdle
www.aei-ideas.org - 1:35PM
This is what happens when a central bank is overly focused on inflation
S&P/Case Shiller - 12:18PM
All Cash Sales Share at New High in November
CFPB - 10:39AM
Ally to repay $80 million to consumers it discriminated against
freddiemac.mwnewsroom.com - 9:44AM
Freddie Mac Announces Settlement With Deutsche Bank
Reuters - 8:09AM
Yellen expected to win U.S. Senate test vote Friday to head Fed
www.nytimes.com - 8:08AM
S.&P. Cuts European Union's Credit Rating
CNBC - 8:06AM
US treasurys fall as investors digest taper

Today's Comments

	MBS Commentary - 10:54AM "Matthew, Thank you for your insight and guidance! Where are you hearing or seeing the chatter in regards to the next round of taper estimation ($10bn)? Thanks!..."
	MBS Live Chat - 2:59PM "Has anyone seen the Gfee start to be priced in? I heard a rumor wells was already today or would next week..."
	MBS Live Chat - 2:59PM "some lender's are pricing them on 60 day locks..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.59%

-0.03

15 Yr FRM

3.61%

-0.03

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.55%

-0.02

5/1 Yr ARM

3.22%

-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

4.62%

0.38

+0.01

15 Yr. Fixed

3.66%

0.35

+0.00

30 Yr. Jumbo

4.61%

0.24

+0.02

30 Yr. FHA

4.25%

0.32

-0.05

5/1 ARM

3.20%

0.42

+0.09

Freddie Mac **

30 Yr. Fixed

4.47%

0.70

+0.05

15 Yr. Fixed

3.51%

0.60

+0.08

1 Yr. ARM

2.57%

0.50

+0.06

5/1 Yr. ARM

2.96%

0.40

+0.02

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

95-17

+0-18

30YR FNMA 3.5

99-27

+0-17

30YR GNMA 3.0

97-01

+0-16

30YR GNMA 3.5

101-08

+0-17

15YR FNMA 3.0

102-04

+0-06

15YR FNMA 2.5

99-05

+0-10

Treasuries

Yield

Change

2 YR

0.3795%

+0.0118

5 YR

1.6783%

+0.0361

10 YR

2.8923%

-0.0423

30 YR

3.8230%

-0.0872

Prices as of: 12/20/2013 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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