Daily Newsletter: Wednesday March 20, 2013

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30 Year Fixed

                                                                3.63%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                2.93%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.96%
                                                                  
                                                                +0.0555

FNMA 30YR 3.5

                                                                105-09
                                                                  
                                                                -0-09

FNMA 15YR 2.5

                                                                105-04
                                                                  
                                                                -0-05

View Today's Rates

Wednesday March 20, 2013

Pipeline Press - 2:11PM

LO Compensation Based on Product Type? Warehouse Banks to Approve Comp Plans? More Views on Gfee Changes

I've been visiting Colorado this week, where some of the conversation involves yesterday's sentencing of two individuals for fraud. "The elaborate scheme involved phony or inflated ...

MND NewsWire - 10:16AM

Freddie Mac Sues 15 Banks over LIBOR Scheme

Freddie Mac has filed a complaint in federal court in Alexandria, Virginia alleging that 15 banks , including Bank of America, JP Morgan Chase, UBS, and Citigroup manipulated the London ...

MND NewsWire - 3:16PM

New Dividend Structure May Speed GSEs' Treasury Debt Payoff

The Federal Housing Finance Agency's Office of Inspector General ( FHFA OIG ) released a report today examining the recent changes to the Preferred Senior Stock Purchase Agreements ...

MND NewsWire - 3:27PM

Legislation would Remove Lending Barriers for Home Builders

Representatives Gary Miller (R-CA) and Carolyn McCarthy (D-NY) have introduced legislation to increase the access of homebuilders to credit . HR 1255, The Home Construction Lending ...

MND NewsWire - 12:14PM

Ellie Mae Notes Looser Underwriting, Quicker Closes

Ellie Mae's Origination Insight Report for February noted a distinct drop in the share of loans originated for refinancing during the month. After spiking to 73 percent in January, ...

Latest Video

Bernanke: Fed Bond Buying Costs Manageable

Reason for Optimism: Housing

Santelli's 'March Madness' Includes Cyprus and Stocks

More News from 'Around the Web'

Bloomberg - 4:20PM
JPMorgan to Sell Bonds Backed by $616 Million of Mortgages
www.nytimes.com - 3:48PM
In U.S., Surprise Housing Demand Catches Industry Off-Guard
freddiemac.mwnewsroom.com - 3:23PM
Freddie Mac: From Gloom to Bloom - March Economic and Housing Market Outlook
Federal Reserve - 2:07PM
Fed: Economic Projections from the March 19-20 FOMC Meeting
CNBC - 1:41PM
Cyprus' Banks to Remain Closed Until Next Tuesday
CFPB - 1:40PM
CFPB: We're studying the costs of complying with consumer finance regulations
www.cfpbmonitor.com - 1:13PM
Cordray nomination goes to full Senate
NAHB - 1:11PM
Home Buyer Age Impacts Home Size Preference According to NAHB Survey
CNBC - 1:09PM
Fed's $4 Trillion Question: Where's the Exit Door?
Market Watch - 10:47AM
Fannie Mae, Freddie Mac stock up more than 20%
www.aia.org - 9:25AM
Architecture Billings Index Continues to Improve at a Healthy Pace
Bloomberg - 8:05AM
Lennar Earnings Beat Estimates as Housing Recovery Continues

Today's Comments

	MBS Live Chat - 3:57PM "Squeezed 3 locks in before that one. Much appreciated on the alert MG..."
	MBS Live Chat - 3:57PM "i locked two - very helpful service..."
	MBS Live Chat - 3:58PM "Frankly, can't imagine positioning myself as a mortgage professional without access to a top notch bond tracking service...."
	MBS Live Chat - 4:07PM "Locked 2 before any changes. Thanks MND!..."
	MBS Live Chat - 3:56PM "REPRICE : 3:56 PM - Pinnacle Worse..."
	MBS Live Chat - 4:13PM "REPRICE : 4:13 PM - Flagstar Worse..."
	MBS Live Chat - 4:13PM "REPRICE : 4:13 PM - Stearns Lending Worse..."
	MBS Live Chat - 4:13PM "REPRICE : 4:13 PM - Provident Funding Worse..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.63%

+0.03

15 Yr FRM

2.93%

+0.02

FHA 30 Year Fixed

3.34%

+0.02

Jumbo 30 Year Fixed

3.73%

+0.02

5/1 Yr ARM

3.01%

-0.01

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

3.82%

0.38

+0.01

15 Yr. Fixed

3.02%

0.36

+0.01

30 Yr. Jumbo

3.95%

0.36

+0.05

30 Yr. FHA

3.53%

0.31

+0.00

5/1 ARM

3.02%

0.36

+0.01

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

102-22

-0-14

30YR FNMA 3.5

105-09

-0-09

30YR GNMA 3.0

104-02

-0-15

30YR GNMA 3.5

107-07

-0-09

15YR FNMA 3.0

105-04

-0-05

15YR FNMA 2.5

103-18

-0-09

Treasuries

Yield

Change

2 YR

0.2500%

+0.0121

5 YR

0.8081%

+0.0307

10 YR

1.9564%

+0.0555

30 YR

3.1966%

+0.0709

Prices as of: 3/20/2013 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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