Daily Newsletter: Friday March 15, 2013

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30 Year Fixed

                                                                3.67%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.97%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.99%
                                                                  
                                                                -0.0437

FNMA 30YR 3.5

                                                                105-10
                                                                  
                                                                +0-08

FNMA 15YR 2.5

                                                                105-05
                                                                  
                                                                +0-06

View Today's Rates

Friday March 15, 2013

MND NewsWire - 4:06PM

California Home Prices Benefit from Short Inventory, Sales Suffer

California house prices have now risen on an annual basis for a full year according to the California Association of Realtors® ( C.A.R. ). The median price of an existing single ...

Mortgage Rate Watch - 1:38PM

Mortgage Rates Continue Leveling-Off, Improving Slightly

Mortgage rates improved modestly , capping a week that's seen rates either move sideways or slightly lower every day. Today's stability and ultimately, improvements came as the result ...

MBS Commentary - 11:51AM

MBS MID-DAY: Flat To Start, Rallying After Opening Bell, Sentiment Helped

MBS Live : MBS Morning Market Summary Everything was pretty quiet this morning with volume and momentum not really making much of an appearance until the 9:30am opening bell for equities ...

Pipeline Press - 10:37AM

Improving Credit Markets Force Titanium Shut Down; What is Moving the Relative Prices of Ginnie, Fannie, and Freddie MBS?

St. Patrick's Day is Sunday. St. Patrick introduced Christianity to Ireland in the fifth century, but the world's first St. Patrick's Day parade didn't occur until March 17, 1762, in ...

Latest Video

Too Late to Refi?, Santelli Talks to Mortgage Pro

Lennar CEO on Housing Outlook

Signs of More Trouble Ahead For Housing?

More News from 'Around the Web'

Bloomberg - 4:09PM
Fannie Mae Preferred Stock Soars to Highest Since Bailout Month
CNBC - 4:07PM
Is Fed Signaling Stance on Bank Break-Ups?
CNN - 3:02PM
Greenspan: No irrational exuberance, stocks undervalued
CNBC - 11:37AM
Housing Recovery 'Fundamentally Strong': Lennar CEO
www.builderonline.com - 9:04AM
Stop Bashing the Banks!
The Huffington Post - 7:58AM
Damning Report Slams Bank's Top Execs
Reuters - 7:56AM
Fed to hold course on stimulus despite debate over risks
Business Week - 7:55AM
JPMorgan Sees Home Prices Up 14% as BofA Touts Party
NAFCU - 7:52AM
Senate Banking to vote Tuesday on Cordray
NAFCU - 7:52AM
Becker calls for uniform CFPB guidance
DataQuick - 11:27PM
DataQuick: February California Home Sales Report
Bloomberg - 11:23PM
Fannie Mae Delays 2012 Earnings Report, Expects to Post Profit
Business Week - 11:22PM
SunTrust Announces First Buyback Since Crisis After Stress Test

Today's Comments

	MBS Live Chat - 3:30PM "REPRICE : 3:30 PM - Cole Taylor Better..."
	MBS Live Chat - 3:27PM "REPRICE : 3:27 PM - NYCB Better..."
	MBS Live Chat - 1:44PM "Their second...."
	MBS Live Chat - 11:49AM "Joe taking a new USDA loan today in an area being eliminated - very risky. Process as it was explained to me was that you needed USDA commitment prior to 3/27 or no loan for you. Similar to FHA case number prior to changes. You can close after chaneg as long as you have commit in hand prior to change..."
	MBS Live Chat - 11:51AM "yes Jason, thats the issue. Realtor wants answers before they write the contract. i told her she is gambling. no one really knows..."
	MBS Live Chat - 11:48AM "REPRICE : 11:48 AM - Fifth Third Mortgage Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.67%

-0.02

15 Yr FRM

2.97%

-0.01

FHA 30 Year Fixed

3.37%

-0.03

Jumbo 30 Year Fixed

3.79%

-0.01

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

2.78%

0.76

+0.08

30 Yr. Fixed

3.53%

1.11

+0.06

MBA **

30 Yr. Fixed

3.70%

0.39

-0.07

15 Yr. Fixed

2.96%

0.36

-0.07

30 Yr. Jumbo

3.80%

0.37

-0.13

30 Yr. FHA

3.47%

0.33

-0.07

5/1 ARM

2.55%

0.37

-0.10

Freddie Mac **

30 Yr. Fixed

3.63%

0.80

+0.11

15 Yr. Fixed

2.79%

0.80

+0.03

1 Yr. ARM

2.64%

0.40

+0.01

5/1 Yr. ARM

2.61%

0.60

-0.02

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

102-24

+0-11

30YR FNMA 3.5

105-10

+0-08

30YR GNMA 3.0

104-07

+0-11

30YR GNMA 3.5

107-08

+0-06

15YR FNMA 3.0

105-05

+0-06

15YR FNMA 2.5

103-20

+0-08

Treasuries

Yield

Change

2 YR

0.2540%

-0.0120

5 YR

0.8355%

-0.0436

10 YR

1.9929%

-0.0437

30 YR

3.2148%

-0.0282

Prices as of: 3/15/2013 4:13PM 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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