Daily Newsletter: Friday December 27, 2013

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30 Year Fixed

                                                                4.65%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.66%
                                                                  
                                                                -0.02

10YR Treasury

                                                                3.00%
                                                                  
                                                                +0.0095

FNMA 30YR 3.5

                                                                99-09
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                101-26
                                                                  
                                                                0-00

View Today's Rates

Friday December 27, 2013

Mortgage Rate Watch - 3:50PM

Mortgage Rates End Week Just off Highs

Mortgage rates recovered modestly in most cases, falling just below the highest levels in more than 3 months. As has been the case for the entire week, the bond markets that underlie ...

Pipeline Press - 10:46AM

Recent State Mortgage Changes; Fed's Balance Sheet - Putting QE3 in Perspective; CFPB's Latest Penalty

Water water everywhere, but not a drop to drink. A growing number of Realtors are keenly aware of the increasing concern about water and its scarcity . And sure enough, along comes ...

MBS Commentary - 11:43AM

MBS MID-DAY: Bond Markets Bounce Back After AM Weakness

First off, any examination of price movement today requires the caveat that none of it has any implication beyond the next few hours. While volume is higher than yesterday, it's still ...

Pipeline Press - 10:27AM

The FHA Program: Recent News, Changes, Financial Condition, and General Processing Notes

Echoing what lock desks are seeing, and once again causing some lenders and Realtors to take a fresh look at overhead, the MBA Mortgage Application Index was down -6.3% vs. -5.5% from ...

Latest Video

New mortgage rules coming

Bair: Banks need a better strategy

2014 Fed Predictions: Exiting QE

More News from 'Around the Web'

Reuters - 4:21PM
U.S. bank watchdogs to consider Volcker rule tweak
WSJ - 4:21PM
5 Things to Watch on the Economic CalendarDecember 27
WSJ - 2:29PM
Economic Policy: What Has Changed in 25 Years?
CNBC - 1:24PM
New mortgage rules may favor the wealthy
CNN - 1:20PM
Unemployment benefits for 1.3 million expire Saturday
CNBC - 9:54AM
US stocks open little moved; poised for weekly gains
www.philadelphiafed.org - 9:29AM
State-Level Housing Permits Analysis (PA, NJ, DE only)
CNBC - 9:27AM
That house is, like, crazy!
CNBC - 8:26AM
US bonds await direction after hitting 3%
CNBC - 8:05AM
Cutoff in federal jobless aid looms
WSJ - 12:14AM
Builders Get Into Jumbos
Bloomberg - 12:13AM
U.S. 10-Year Yield Is Near 3-Month High on Fed, Recovery Signs - Bloomberg

Today's Comments

	MBS Live Chat - 8:37AM "Even next week may have low volume..."
	MBS Live Chat - 8:37AM "due to the new years being mid-week...."
	MBS Live Chat - 10:55AM "wf repricing, hopefully more to follow..."
	MBS Live Chat - 12:28PM "will it be any busier next week?..."
	MBS Live Chat - 12:31PM "Yes but not much AP..."
	MBS Live Chat - 1:25PM "Hudson City just pulled SIVA. One of the last ones that were still doing it..."
	MBS Live Chat - 2:09PM "MW headlining 10yr over 3.0% for first time since 2011…looking at the adv. charts fnma 4.0 was down below 101 back then, we are in pretty good shape considering....."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.65%

-0.01

15 Yr FRM

3.66%

-0.02

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.58%

-0.02

5/1 Yr ARM

3.25%

+0.00

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

4.64%

0.41

+0.02

15 Yr. Fixed

3.74%

0.29

+0.08

30 Yr. Jumbo

4.63%

0.24

+0.02

30 Yr. FHA

4.29%

0.24

+0.04

5/1 ARM

3.26%

0.39

+0.06

Freddie Mac **

30 Yr. Fixed

4.48%

0.70

+0.01

15 Yr. Fixed

3.52%

0.70

+0.01

1 Yr. ARM

2.56%

0.50

-0.01

5/1 Yr. ARM

3.00%

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

94-30

-0-00

30YR FNMA 3.5

99-09

-0-01

30YR GNMA 3.0

96-14

-0-01

30YR GNMA 3.5

100-21

-0-01

15YR FNMA 3.0

101-26

0-00

15YR FNMA 2.5

98-25

-0-01

Treasuries

Yield

Change

2 YR

0.3953%

-0.0157

5 YR

1.7408%

-0.0033

10 YR

3.0037%

+0.0095

30 YR

3.9394%

+0.0155

Prices as of: 12/27/2013 4:25PM 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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