Daily Newsletter: Thursday December 5, 2013

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30 Year Fixed

                                                                4.57%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.60%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.87%
                                                                  
                                                                +0.0383

FNMA 30YR 3.5

                                                                99-26
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                102-11
                                                                  
                                                                -0-03

View Today's Rates

Thursday December 5, 2013

Mortgage Rate Watch - 4:01PM

Mortgage Rates Almost Perfectly Flat Ahead of Jobs Report

Mortgage rates were almost perfectly flat today, despite moderate weakness in bond markets. This is largely a factor of yesterday's weakness and the fact that it coincided with the ...

MND NewsWire - 1:42PM

MBA Sounds Battle Cry For Independent Mortgage Banks

David H. Stevens, president & CEO of the Mortgage Bankers Association (MBA), said today that independently owned and operated mortgage bankers are the building blocks of MBA membership ...

MND NewsWire - 2:13PM

Small Markets Leading Way for 2014 Housing Recovery

Smaller metropolitan areas appear to be leading the country in a return to normal levels of economic and housing activity the National Association of Home Builders (NAHB) said today ...

Pipeline Press - 10:37AM

Clarification on Agency QM status; Fitch, Moody's, and Ocwen's Take on Non-QM Loans

"A group of government regulators out hiking in the Artic has managed to revive a caveman who was frozen for thousands of years. Communications so far have consisted of monosyllabic ...

Latest Video

Friday's jobs report preview

Greenblatt's payroll prediction: 224,000 jobs

Concerns over jobs data

More News from 'Around the Web'

Bloomberg - 4:44PM
Yellen Confirmation Vote for Fed Chief Slot May Come Next Week - Bloomberg
Bloomberg - 4:44PM
Senate Poised to Reconsider Watt Nomination to Lead FHFA - Bloomberg
WSJ - 3:43PM
Four Ways Mel Watt Could Change Housing Policy
CNN - 3:26PM
Blackstone responds to Jon Stewart
www.aei.org - 3:08PM
Slideshow: FHA does not produce sustainable homeownership
Bloomberg - 3:08PM
Newark Advances Eminent Domain Plan to Slow Foreclosures - Bloomberg
CNBC - 3:05PM
Good or bad? Street expecting strong jobs report
WSJ - 1:56PM
Investor Purchases Ebb in More Housing Markets
Bloomberg - 1:11PM
Gross Says All Asset Markets Artificially Mispriced by Fed - Bloomberg
WSJ - 12:12PM
Unemployment Won't Hit 6.5% Until 2015, Fed Research Suggests
WSJ - 12:04PM
Two Cities With Unemployment Rates North of 25%
NAHB - 11:48AM
Housing Markets Continue Slow Climb Back to Normal
WSJ - 9:59AM
Economists React: No Momentum' in GDP Report
Reuters - 9:55AM
U.S. third-quarter growth revised up to 3.6 percent, jobless claims fall
Bloomberg - 9:54AM
Fed's Lockhart Calls for Setting Timetable for Tapering QE - Bloomberg
CNBC - 8:26AM
US Treasurys edge up; GDP, jobs, Fed in focus
Market Watch - 8:25AM
Fed's Lockhart: Taper on table in December

Today's Comments

	MBS Live Chat - 2:31PM "So I was messing around in Linkedin yesterday and looky what I found http://www.linkedin.com/company/mbs-live-/mbs-live-512212/product..."
	MBS Live Chat - 2:32PM "A nice spot to give kudos to our beloved MND...."
	MBS Live Chat - 2:30PM "REPRICE : 2:30 PM - Wells Fargo Better..."
	MBS Live Chat - 2:40PM "looks like WF was .125-.25 improvement depending on rate..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.57%

-0.01

15 Yr FRM

3.60%

-0.01

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.49%

-0.01

5/1 Yr ARM

3.26%

-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

4.51%

0.38

+0.03

15 Yr. Fixed

3.56%

0.32

+0.04

30 Yr. Jumbo

4.49%

0.24

+0.01

30 Yr. FHA

4.17%

0.36

+0.01

5/1 ARM

3.09%

0.28

-0.09

Freddie Mac **

30 Yr. Fixed

4.46%

0.50

+0.17

15 Yr. Fixed

3.47%

0.40

+0.17

1 Yr. ARM

2.59%

0.40

-0.01

5/1 Yr. ARM

2.99%

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

95-11

-0-07

30YR FNMA 3.5

99-26

-0-05

30YR GNMA 3.0

96-13

-0-08

30YR GNMA 3.5

100-29

-0-05

15YR FNMA 3.0

102-11

-0-03

15YR FNMA 2.5

99-05

-0-04

Treasuries

Yield

Change

2 YR

0.3054%

+0.0120

5 YR

1.4817%

+0.0444

10 YR

2.8698%

+0.0383

30 YR

3.9138%

+0.0182

Prices as of: 12/5/2013 4:32PM 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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