Daily Newsletter: Monday April 8, 2013

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30 Year Fixed

                                                                3.50%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                2.83%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.74%
                                                                  
                                                                +0.0358

FNMA 30YR 3.5

                                                                106-07
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                105-13
                                                                  
                                                                -0-04

View Today's Rates

Monday April 8, 2013

MND NewsWire - 11:23AM

More Americans View this as Good Time to Sell a House

Americans' attitudes toward most key housing measures remained stable between February and March. The National Housing Survey conducted monthly by Fannie Mae showed continued optimism ...

Pipeline Press - 12:32PM

LOs Should Know Rate Locks Work Both Ways; Chatter About Forced Place Insurance; What is OMWI?

According to the U.S. Census Bureau fewer domestic households have debt, but those who do, have more of it. It's research team writes, "The percentage of U.S. households holding some ...

Mortgage Rate Watch - 2:19PM

Mortgage Rates Give Back Some Of Last Week's Improvements

Mortgage rates rose moderately today for the first time in more than a week, marking at least a temporary end to the most aggressive move lower since mid 2012. Rates dropped precipitously ...

MBS Commentary - 4:20PM

MBS RECAP: Decent Morning, Sloppy Afternoon, Back To Pre-NFP Levels

MBS Live : MBS Afternoon Market Summary MBS prices fell all the way to early Friday morning levels this afternoon as an average Monday morning got sloppy as the day progressed. The ...

Latest Video

Student Loan Debt Hurts Housing

Gross: The 'Magic Exilir' of Real Interest Rates

Santelli: 'How Do We Get America to Work Again?'

More News from 'Around the Web'

www.ourbroker.com - 4:57PM
Who Will Get The Real Mortgage Crisis Profits?
www.cfpbmonitor.com - 4:54PM
CFPB sets up special e-mail list for mortgage developments
SIFMA - 4:54PM
SIFMA Statement on Confirmation of Mary Jo White as New SEC Chair
Business Week - 2:21PM
Fannie Mae Profit May Swell Treasury Coffers as Debt Limit Looms
Washington Post - 2:21PM
Here's why the housing recovery hasn't led to a hiring boom
CNBC - 12:11PM
Why Housing Stalled: $1 Trillion in Student Debt
www.builderonline.com - 11:00AM
Can you say, 'bidding wars?' They're back!
Reuters - 10:59AM
Curbing asset purchases could reduce risks: Fed's Pianalto
NAFCU - 9:39AM
CFPB to release mortgage rules guidance this week
Fannie Mae - 9:37AM
Fannie Mae: Consumers' Positive Housing Attitudes Withstand Fiscal Concerns
CNBC - 9:37AM
Stocks Open Mixed After Posting Worst Week of 2013
Business Week - 8:25AM
Hedge Funds Wagering on Fannie Reincarnation: Mortgages
Bloomberg - 8:25AM
Rising U.S. Home Prices May Shrink FHA Shortfall in Obama Budget
Business Week - 8:23AM
How Does the US Quit Housing When Fannie, Freddie Rake in Billions?
Reuters - 8:22AM
Futures up after last week's sell-off
Reuters - 12:03AM
Judge approves BofA $2.43 billion settlement over Merrill
Reuters - 12:02AM
Ex-Credit Suisse trader pleads not guilty to MBS price inflation

Today's Comments

	MBS Live Chat - 3:20PM "REPRICE : 3:20 PM - Fifth Third Mortgage Worse..."
	MBS Live Chat - 3:17PM "REPRICE : 3:17 PM - Stearns Lending Worse..."
	MBS Live Chat - 3:01PM "REPRICE : 3:01 PM - Everett Financial Worse..."
	MBS Live Chat - 2:57PM "REPRICE : 2:57 PM - Pinnacle Worse..."
	MBS Live Chat - 2:21PM "REPRICE : 2:21 PM - Provident Funding Worse..."
	MBS Live Chat - 2:33PM "Thank you MBS. Locked in just before the RP..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.50%

+0.03

15 Yr FRM

2.83%

+0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.64%

+0.02

5/1 Yr ARM

3.02%

+0.02

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

3.76%

0.43

-0.03

15 Yr. Fixed

2.99%

0.36

-0.03

30 Yr. Jumbo

3.85%

0.37

-0.05

30 Yr. FHA

3.48%

0.38

-0.03

5/1 ARM

2.60%

0.32

+0.02

Freddie Mac **

30 Yr. Fixed

3.54%

0.80

-0.03

15 Yr. Fixed

2.74%

0.70

-0.02

1 Yr. ARM

2.63%

0.40

+0.01

5/1 Yr. ARM

2.65%

0.50

-0.03

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

104-03

-0-09

30YR FNMA 3.5

106-07

-0-06

30YR GNMA 3.0

105-19

-0-10

30YR GNMA 3.5

108-14

-0-06

15YR FNMA 3.0

105-13

-0-04

15YR FNMA 2.5

104-11

-0-04

Treasuries

Yield

Change

2 YR

0.2301%

-0.0001

5 YR

0.7036%

+0.0192

10 YR

1.7435%

+0.0358

30 YR

2.9108%

+0.0403

Prices as of: 4/8/2013 4:31PM 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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