Daily Newsletter: Tuesday February 12, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.57%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.90%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.98%
                                                                  
                                                                +0.0126

FNMA 30YR 3.5

                                                                105-05
                                                                  
                                                                -0-03

FNMA 15YR 2.5

                                                                104-27
                                                                  
                                                                -0-04

View Today's Rates

Tuesday February 12, 2013

MND NewsWire - 10:22AM

Mortgage Delinquency Falls To 4-Year Low, But Remains Historically Elevated

TransUnion said today that the serious mortgage delinquency rate is heading downhill at a quickening pace, however long term delinquencies and the slow process of resolving them are ...

MND NewsWire - 3:29PM

Credit Bureau Association Disputes 60 Minutes Contentions of 40 Million Errors

The credit reporting industry's trade group, the Consumer Data Industry Association (CDIA) is vigorously disputing much of a CBS 60 Minutes (watch below) report that aired last Sunday ...

MND NewsWire - 5:37PM

Freddie Mac: 27% of Borrowers Refinanced into Shorter Term

Freddie Mac borrowers who refinanced in the fourth quarter of 2012 overwhelmingly picked a fixed rate mortgage (FRM) and 27 percent of them chose to shorten their loan term . Freddie ...

Mortgage Rate Watch - 3:30PM

Mortgage Rates Slightly Lower Despite Market Weakness

Mortgage rates continued to inch lower on Tuesday as part of a two day move back down from recent highs. The change in rates compared to yesterday's latest offerings isn't enough to ...

Latest Video

Rep Hensarling: FHA Nation's Largest 'Subprime' Lender

Bair Says Ratings Companies Need Regulatory Changes

Santelli's Midday Bond Report

More News from 'Around the Web'

WSJ - 5:40PM
Report: Rules Could Exclude Nearly Half of Recent Mortgages
The Huffington Post - 2:59PM
46 Members Of Congress Are Carrying Student Loan Debt: Report
www.ourbroker.com - 5:41PM
Mortgage Foreclosure "Dual-Tracking" Abuses To End
WSJ - 2:57PM
Fannie Mae Rebuffed on Insurance Plan
www.builderonline.com - 2:58PM
Census Report Provides Snapshot of Foreign-Born Homeownership
CNBC - 2:32PM
Fed's George Warns of Market Disruption if it Sells Lots of MBS
Bloomberg - 11:14AM
Biggest Banks and Housing Top House Republicans' Finance Agenda
Fannie Mae - 10:03AM
Fannie Mae Announces New HomePath for Short Sales Escalation Process
www.mersinc.org - 9:28AM
New York State Supreme Court Rejects Mortgage/Note "Splitting" Claim
Bloomberg - 10:57PM
ResCap Seeks Approval of Chief Restructuring Office
www.cfpbmonitor.com - 10:54PM
Director Cordray to appear before Congress on February 14

Today's Comments

	MBS Live Chat - 1:30PM "RTRS - LOCKHART CITES RECOVERING HOUSING SECTOR, STRONG HOUSING SALES, “VIBRANT” HYDROCARBON ENERGY MARKET AS BRIGHT SPOTS IN ECONOMY..."
	MND NewsWire - 11:28AM "Things are getting better..."
	MBS Live Chat - 1:08PM "MG, If the president hints tonight at QE4 (no idea if that happens)..........would that help or hurt us?..."
	MBS Live Chat - 1:11PM "Fed would be the one dealing with that, TN. Doubt there's any reference (direct or indirect) to it tonight...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

-0.01

15 Yr FRM

2.90%

-0.01

FHA 30 Year Fixed

3.29%

-0.01

Jumbo 30 Year Fixed

3.77%

+0.00

5/1 Yr ARM

3.01%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.70%

1.16

-0.11

30 Yr. Fixed

3.47%

1.29

-0.07

MBA **

30 Yr. Fixed

3.73%

0.43

+0.06

15 Yr. Fixed

3.00%

0.33

+0.05

30 Yr. Jumbo

3.96%

0.38

+0.01

30 Yr. FHA

3.53%

0.38

+0.05

5/1 ARM

2.72%

0.30

+0.12

Freddie Mac **

30 Yr. Fixed

3.53%

0.80

+0.00

15 Yr. Fixed

2.77%

0.70

-0.04

1 Yr. ARM

2.53%

0.40

-0.06

5/1 Yr. ARM

2.63%

0.60

-0.07

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

102-30

-0-06

30YR FNMA 3.5

105-05

-0-03

30YR GNMA 3.0

104-03

-0-07

30YR GNMA 3.5

107-08

-0-04

15YR FNMA 3.0

104-27

-0-04

15YR FNMA 2.5

103-18

-0-00

Treasuries

Yield

Change

2 YR

0.2700%

+0.0120

5 YR

0.8653%

+0.0161

10 YR

1.9770%

+0.0126

30 YR

3.1877%

+0.0147

Prices as of: 2/12/2013 4:30PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe