Daily Newsletter: Tuesday December 31, 2013

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30 Year Fixed

                                                                4.63%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.65%
                                                                  
                                                                +0.01

10YR Treasury

                                                                3.03%
                                                                  
                                                                +0.0542

FNMA 30YR 3.5

                                                                99-11
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                101-31
                                                                  
                                                                -0-05

View Today's Rates

Tuesday December 31, 2013

Mortgage Rate Watch - 2:28PM

For Mortgage Rates, 2013 Marks Lift-Off From All-Time Lows

Mortgage rates were little-changed today, ending the year less than a quarter of a percentage point away from their highest levels in more than 2 years. 4.625% remains the most prevalently ...

MND NewsWire - 1:30PM

Homeowners Blindsided with Stratospheric Flood Insurance Rates

In its monthly e-magazine Foreclosure Report RealtyTrac takes a look at the current and potential impact of legislation designed to rescue the nation's flood insurance program. Within ...

Pipeline Press - 11:39AM

G-fee Changes in Limbo; Wells Settles with Fannie; Tax Breaks Expiring; Drug Testing in Financial Services' Future?

Thanks to FAMC for sponsoring the Franklin American Mortgage Music City Bowl . It was some great publicity for FAMC and the industry. And this is that day, at quittin' time, when you ...

MBS Commentary - 12:25PM

MBS MID-DAY: Bond Markets Erase Most of Yesterday's Gains

Once you accept the truths in yesterday morning's chart (re-posted below), the rest of 2013 doesn't really matter. To recap: June 19 was the date of the FOMC Announcement in which the ...

Latest Video

Mortgages get pricier in 2014

Pisani: Look for volatility to spike

Santelli eyes 10-year yields as historic year draws to an end

More News from 'Around the Web'

CNBC - 2:21PM
My 2014 predictions: Try not to be boring!
The Huffington Post - 12:45PM
realtor.com: Top 5 New Year's Resolutions for Long-Term Renters
WSJ - 12:42PM
Five Challenges for the Federal Reserve in 2014
Bloomberg - 12:28PM
The Most Important Economic Developments of 2013 - Bloomberg
CNN - 12:28PM
Gas prices down in '13, set to go lower in '14
CNBC - 10:24AM
Consumer confidence jumps more than expected in December
www.cfpbmonitor.com - 9:34AM
CFPB adjusts HMDA data collection and TILA mortgage escrow thresholds
CNBC - 9:19AM
S&P/Case-Shiller home price index up 13.6% in October
Market Watch - 8:58AM
Treasurys slip ahead of homes, confidence data
Bloomberg - 7:35AM
Denver Real Estate Booms as Ski Slopes Trump NYC Bustle - Bloomberg
Fannie Mae - 7:31AM
Fannie Mae Reaches $591 Million Repurchase Agreement with Wells Fargo
NAFCU - 7:29AM
Tax break for underwater homeowners ends today

Today's Comments

	MBS Live Chat - 9:57AM "MG - My respect for your MBS knowledge multiplied when I found this article and tried to read it and almost lost my mind (and couldn't finish it). http://www.newyorkfed.org/research/conference/2012/mortgage/primsecsprd_frbny.pdf..."
	MBS Live Chat - 12:51PM "2013 in mortgage land feels like a Shakespearean tragedy...."
	MBS Live Chat - 1:06PM "And with that.... I say: "Good night, good night! Parting is such sweet sorrow, that I shall say good night till it be morrow." .... or day after tomorrow in this case. Happy New Year folks!..."
	MBS Live Chat - 1:18PM "Just tuning in to wish everyone a Happy and Safe New Year! 2014 is going to be another great year. Get after it people. And as always a big thanks for everything MG does for us. See everyone in 2014!..."
	MBS Live Chat - 1:19PM "Happy new year guys! In some weird way we are all family! I hope the champagne at midnight tastes sweet! Onward and upward in 2014......"
	MBS Live Chat - 1:25PM "Wishing the MND community a happy and healthy New Year. Been a pleasure sharing knowledge and learning/ growing with you all!..."
	MBS Live Chat - 1:29PM "Happy New Years to you all..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.63%

+0.01

15 Yr FRM

3.65%

+0.01

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.55%

+0.00

5/1 Yr ARM

3.24%

+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

-0-10

30YR FNMA 3.5

99-11

-0-08

30YR GNMA 3.0

96-16

-0-08

30YR GNMA 3.5

100-23

-0-08

15YR FNMA 3.0

101-31

-0-05

15YR FNMA 2.5

98-30

-0-04

Treasuries

Yield

Change

2 YR

0.3838%

+0.0004

5 YR

1.7477%

+0.0415

10 YR

3.0263%

+0.0542

30 YR

3.9642%

+0.0631

Prices as of: 12/31/2013 2:06PM 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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