Daily Newsletter: Thursday February 7, 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%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.90%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.96%
                                                                  
                                                                -0.0071

FNMA 30YR 3.5

                                                                105-20
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                105-06
                                                                  
                                                                -0-03

View Today's Rates

Thursday February 7, 2013

MND NewsWire - 7:16PM

Homeowner Refinancing Act Resubmitted by Senators Menendez and Boxer

Two U.S. Senators have reintroduced legislation to help homeowners refinance into lower interest mortgages . The bill, T he Responsible Homeowner Refinancing Act of 2013 , removes the ...

MND NewsWire - 12:52PM

House Democrats Urge President to Permanently Replace FHFA's DeMarco

Forty-five Democratic members of the House of Representatives have sent a letter to President Obama urging him to appoint a permanent director to head the Federal Housing Finance Agency ...

MND NewsWire - 1:30PM

Record One-third of Home Sales in California were All-Cash

More than one-third of the houses purchased in California in 2012 were all-cash sales , a record for such transactions. DataQuick said today that there were 145,797 condos and houses ...

MND NewsWire - 10:37AM

Finance Committee Chair Suggests FHA Could be Next Countrywide

On Wednesday the House Financial Services Committee held the first of a scheduled series of hearings on the financial condition of the Federal Housing Administration (FHA) . A memo ...

Latest Video

Fed's Evans on QE & Economy

Santelli: What Government had to Say About Banking Industry Just Before Crisis

Are We in a Bond Bubble?

More News from 'Around the Web'

www.menendez.senate.gov - 4:01PM
Menendez, Boxer Reintroduce Bill to Help Responsible Homeowners Refinance
CNBC - 1:32PM
Big 3 Ratings Agencies 'Still Selling Out': Ratings CEO
DataQuick - 11:31AM
Record Number of California Homes Bought with Cash in 2012
www.easyir.com - 11:29AM
Which City has the Best / Worst Credit Scores? TransUnion
Bloomberg - 11:25AM
Obama Urged by House Democrats to Replace Fannie Mae's Regulator
NAHB - 10:16AM
Builder Confidence in the 55+ Housing Market Ends Year on a Positive Note
freddiemac.mwnewsroom.com - 10:11AM
Freddie Mac: Average 30-Year Fixed-Rate Mortgage Remains at 3.53 Percent
CNBC - 8:21AM
E-Mails Imply JPMorgan Knew About Bad Mortgage Deals
www.americanprogress.org - 8:18AM
Examining the Proper Role of the Federal Housing Administration in Our Mortgage Insurance Market
WSJ - 2:00PM
Return of 100% Financing

Today's Comments

	MBS Live Chat - 4:03PM "REPRICE : 4:03 PM - Franklin American Worse..."
	MBS Live Chat - 3:32PM "REPRICE : 3:32 PM - Interbank Worse..."
	MND NewsWire - 12:22AM "Maybe we could add #4. Provide the mortgage industry proposed alternatives to CFPB rules to show how we already protect consumers in normal day to day course of business...."
	MND NewsWire - 1:17PM "I just wanted to Thank MG, and all of the regular contributor to MND for sharing your insights and knowledge. I'm a consumer who has been following this site for almost two years. Based on what I've learned here, I have able to refi our underwater VA Jumbo twice in that period at almost no cost, ultimately..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

+0.00

15 Yr FRM

2.90%

+0.00

FHA 30 Year Fixed

3.29%

-0.01

Jumbo 30 Year Fixed

3.77%

+0.01

5/1 Yr ARM

3.02%

+0.01

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

103-11

-0-04

30YR FNMA 3.5

105-20

-0-02

30YR GNMA 3.0

104-14

-0-04

30YR GNMA 3.5

107-21

-0-01

15YR FNMA 3.0

105-06

-0-03

15YR FNMA 2.5

103-22

-0-04

Treasuries

Yield

Change

2 YR

0.2500%

-0.0039

5 YR

0.8268%

-0.0097

10 YR

1.9568%

-0.0071

30 YR

3.1729%

+0.0026

Prices as of: 2/7/2013 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.

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