Daily Newsletter: Thursday March 21, 2013

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.94%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.92%
                                                                  
                                                                -0.0365

FNMA 30YR 3.5

                                                                105-11
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                105-03
                                                                  
                                                                -0-01

View Today's Rates

Thursday March 21, 2013

MND NewsWire - 9:36AM

Report Finds Fault with Freddie Mac, FHFA Handling of Servicer Complaint Process

Freddie Mac owned or guaranteed 10.6 million mortgages that were being serviced by third parties at the end of 2012. Servicer responsibilities include handing of consumer complaints ...

MND NewsWire - 9:48AM

Freddie Mac: Economic Outlook going from Gloom to Bloom

Freddie Macs senior economists Frank E. Nothaft and Leonard Kiefer said in the company's March Outlook that "the continued strengthening of the economy has brought good news for housing ...

MND NewsWire - 12:00PM

February Existing Home Sales Continue To Rise, Buoyed By Investors

Sales of existing homes and their prices continued to rise in February affirming, according to the National Association of Realtors® (NAR) which released the data, a healthy recovery ...

MND NewsWire - 12:10PM

For Second Month, Every State Has At Least One Improving Market

Seventy-five percent of the metropolitan areas tracked by the National Association of Home Builders (NAHB) for the NAHB/First American Improving Markets Index (IMI) are now listed as ...

MND NewsWire - 3:57PM

Feast or Famine; Home Builders now Face Labor Shortages

Residential home builders are reporting that a lack of available labor is hampering new home construction the National Association of Home Builders (NAHB) said today. The worker shortage ...

Latest Video

Cracks in Housing Recovery?

Housing Market in Dallas, TX

Existing Home Sales Up 0.8% in February

More News from 'Around the Web'

Business Week - 4:08PM
Ally to Sell Remaining Mortgage Servicing Rights to Quicken
Bloomberg - 4:08PM
Don't Make DeMarco a Scapegoat for the Housing Mess
CNBC - 4:07PM
Scenes From the Cyprus Crisis
CNBC - 4:06PM
A Bearish Sign in Housing Recovery: Economist
FHFA - 4:05PM
FHFA Statement on Freddie Mac Loan-Level Data Release
freddiemac.mwnewsroom.com - 4:05PM
Freddie Mac Makes Single-Family Loan-Level Data Publicly Available to Boost Transparency and Modeling Accuracy
NAHB - 11:52AM
NAHB: Growing Labor Shortages Impeding Housing and Economic Recovery
www.aei.org - 11:13AM
Has the mortgage tax deduction outlived its usefulness?
CNBC - 11:13AM
House of Representatives Passes Bill to Prevent Government Shutdown; Bill Will Go to Obama
Google News - 10:25AM
Existing-Home Sales and Prices Continue to Rise in February
freddiemac.mwnewsroom.com - 10:24AM
Freddie Mac: Mortgage Rates Stage for Start of Spring Homebuying Season
NAHB - 10:25AM
List of Improving Housing Markets Rises to 274 in March
FHFA - 10:24AM
FHFA House Price Index Up 0.6 Percent in January

Today's Comments

	MBS Live Chat - 12:25PM "looks like riots might be beginning in cyprus, http://www.zerohedge.com/news/2013-03-21/cyp-riots-begin..."
	MBS Live Chat - 1:00PM "Bernanke Saying He’s Dispensable Suggests Tenure Ending....feels no personal responsibility to stay on to unwind Fed Balance Sheet....just something else for MBS markets to digest......."
	MBS Live Chat - 1:02PM "10's catching a bit of a bid after TIPS Auction..."
	MBS Live Chat - 1:12PM "just read that Popular Bank has only a few hours of liquidity left. Should be interesting after the $$ runs out..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

+0.01

15 Yr FRM

2.94%

+0.01

FHA 30 Year Fixed

3.35%

+0.01

Jumbo 30 Year Fixed

3.74%

+0.01

5/1 Yr ARM

3.00%

-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

3.54%

0.80

-0.09

15 Yr. Fixed

2.72%

0.70

-0.07

1 Yr. ARM

2.63%

0.40

-0.01

5/1 Yr. ARM

2.61%

0.60

+0.00

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

+0-02

30YR FNMA 3.5

105-11

+0-02

30YR GNMA 3.0

104-03

+0-01

30YR GNMA 3.5

107-08

+0-01

15YR FNMA 3.0

105-03

-0-01

15YR FNMA 2.5

103-18

-0-00

Treasuries

Yield

Change

2 YR

0.2500%

+0.0000

5 YR

0.7904%

-0.0177

10 YR

1.9199%

-0.0365

30 YR

3.1395%

-0.0571

Prices as of: 3/21/2013 4:26PM 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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