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Monday April 22, 2013
MND NewsWire - 11:09AM
Despite the beginning of the traditionally busy spring market, existing home sales declined slightly in March , owing primarily to continuing tight inventories according to the National ...
MND NewsWire - 4:02PM
After what it called years of tenuous signals indicating that the housing recovery was underway Standard & Poor's (S&P) Ratings Service say this time it is different . S&P ...
MND NewsWire - 1:34PM
Last week the Consumer Financial Protection Bureau (CFPB) issued proposed clarifications to one of its 2013 Finals Rules , the one applying to servicer-held escrows. Today the Bureau ...
Pipeline Press - 9:39AM
Wells Fargo has decided that it time to embark on a $100 million expansion in Iowa : This is in spite of the industry concerned about less volume and lower margins, and Wells' market ...
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"My client discharged a BK, wants to buy conventional at 5% down, is the fannie waiting period 4 years from discharge?..."
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"TM, yes for chapter 7, 2 years for chapter 13..."
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"which was better for you guys Q4 2012 or Q1 2013?..."
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"Q1, 2013 since I cleverly switched jobs with rates at all time lows in Nov 2012...."
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Today's Rates
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30 Yr FRM
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3.47%
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+0.00
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15 Yr FRM
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2.79%
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+0.01
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FHA 30 Year Fixed
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3.25%
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+0.00
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Jumbo 30 Year Fixed
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3.57%
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+0.00
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5/1 Yr ARM
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3.00%
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+0.01
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Average Mortgage Rates
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15 Yr. Fixed
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2.78%
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0.76
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+0.08
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30 Yr. Fixed
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3.53%
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1.11
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+0.06
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30 Yr. Fixed
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3.67%
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0.50
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-0.01
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15 Yr. Fixed
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2.91%
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0.34
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-0.01
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30 Yr. Jumbo
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3.77%
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0.27
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-0.02
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30 Yr. FHA
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3.37%
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0.55
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-0.06
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5/1 ARM
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2.57%
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0.29
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-0.01
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30 Yr. Fixed
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3.41%
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0.70
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-0.02
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15 Yr. Fixed
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2.64%
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0.70
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-0.01
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1 Yr. ARM
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2.63%
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0.40
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+0.01
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5/1 Yr. ARM
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2.60%
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0.50
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-0.02
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* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.
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Secondary Markets
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30YR FNMA 3.0
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104-08
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+0-03
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30YR FNMA 3.5
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106-10
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+0-01
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30YR GNMA 3.0
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106-02
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+0-07
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30YR GNMA 3.5
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108-25
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+0-04
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15YR FNMA 3.0
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105-16
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-0-00
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15YR FNMA 2.5
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104-09
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-0-01
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2 YR
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0.2257%
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-0.0081
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5 YR
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0.6903%
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-0.0162
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10 YR
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1.6946%
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-0.0103
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30 YR
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2.8786%
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-0.0046
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Prices as of: 4/22/2013 4:30PM EST
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