Daily Newsletter: Monday April 29, 2013

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30 Year Fixed

                                                                3.43%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.74%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.67%
                                                                  
                                                                +0.0016

FNMA 30YR 3.5

                                                                106-17
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                105-19
                                                                  
                                                                -0-00

View Today's Rates

Monday April 29, 2013

MND NewsWire - 4:46PM

LPS Home Price Index Rises; 9 of The Top 10 Metro Areas in CA

Lender Processing Services, Inc. (LPS) said Monday that its Home Price Index (HPI) for February was up 1.0 percent to $210 from the end-of-January Index of $208. The February 2013 index ...

Mortgage Rate Watch - 3:26PM

Mortgage Rates Modestly Improve on 2013 Lows

Mortgage rates continued lower today, after officially hitting the lowest levels of the year on Friday. Bond markets including MBS (the "mortgage-backed-securities" that most directly ...

MND NewsWire - 10:59AM

Challenges and Goals of Fannie/Freddie Prenuptial Agreement

A key to improving the efficiency, accuracy, and transparency of the housing finance system is standardization according to Stephen Clinton , Freddie Mac's Senior Vice President of ...

Pipeline Press - 11:15AM

HUD addresses LO/Realtor Combos; CFPB and FDIC can go after Employees and Consultants

The demand for capital never goes away - it is matter of supply and demand setting the rate and price for certain types of loans. Putting political naming niceties aside, subprime is ...

Latest Video

Pending Home Sales Higher

Santelli Paints European Economic Picture

Big Week Ahead For the Markets

More News from 'Around the Web'

Business Week - 5:11PM
MBIA Loses Bid for Summary Judgment Ruling on Countrywide Loans
Business Week - 4:21PM
Fed May Shift Talks Toward More Monetary Stimulus, El-Erian Says
freddiemac.mwnewsroom.com - 3:06PM
Freddie Mac Announces First Multifamily Seniors Housing Securities Offering
www.lpsvcs.com - 2:54PM
LPS Home Price Index Report: February Transactions
CNBC - 2:53PM
NY Judge May Greenlight REIT Plan
Federal Reserve - 2:51PM
Payments to Goldman Sachs and Morgan Stanley borrowers covered by foreclosure agreement to begin May 3
Reuters - 2:43PM
Fitch: U.S. Home Equity Credit Quality Likely to Worsen in 2014
Market Watch - 12:57PM
PIMCO's El-Erian: 50-50 chance of growth
Bloomberg - 12:34PM
JPMorgan, Citibank sued Over $301 Million Mortgage Loans
National Housing Conference - 10:54AM
Pre-purchase counseling reduces mortgage delinquency, no matter how it's delivered
Reuters - 10:53AM
Banks struggle to recruit enough compliance experts
www.freddiemac.com - 8:22AM
Mortgage Market Standardization and the Common Securitization Platform
Bloomberg - 11:32PM
The Fed Broadens Its Reach

Today's Comments

	MBS Live Chat - 3:01PM "RTRS- U.S. TREASURY SAYS EXPECTS TO PAY DOWN $35 BLN IN NET MARKETABLE DEBT IN CURRENT QUARTER, BORROWING ESTIMATE IS $138 BLN LOWER THAN ANNOUNCED IN FEBRUARY..."
	MBS Live Chat - 2:35PM "what do you think? today a lock or float day? i kind of thought pricing was going to be better today since we didn't get a lot of repricing on friday......"
	MBS Live Chat - 2:41PM "Should be best rates of the year CR, if not close to it. One more day of potential "month-end" support before bigger movers show up on Wednesday, though tomorrow's arent' necessarily slouches either. Chicago PMI and Consumer Confidence. For me, it would depend on situation, client preferences, etc. ..."
	MBS Live Chat - 2:43PM "thanks MG. pretty happy where we are at. just curious. always happy to get your input...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.43%

-0.02

15 Yr FRM

2.74%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.55%

-0.01

5/1 Yr ARM

2.96%

-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

3.67%

0.50

-0.01

15 Yr. Fixed

2.91%

0.34

-0.01

30 Yr. Jumbo

3.77%

0.27

-0.02

30 Yr. FHA

3.37%

0.55

-0.06

5/1 ARM

2.57%

0.29

-0.01

Freddie Mac **

30 Yr. Fixed

3.40%

0.80

-0.01

15 Yr. Fixed

2.61%

0.70

-0.03

1 Yr. ARM

2.62%

0.30

-0.01

5/1 Yr. ARM

2.58%

0.50

-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

104-18

+0-01

30YR FNMA 3.5

106-17

+0-01

30YR GNMA 3.0

106-10

+0-02

30YR GNMA 3.5

108-29

+0-02

15YR FNMA 3.0

105-19

-0-00

15YR FNMA 2.5

104-17

+0-01

Treasuries

Yield

Change

5 YR

0.6759%

-0.0064

10 YR

1.6667%

+0.0016

30 YR

2.8739%

+0.0121

Prices as of: 4/29/2013 4:30PM 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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