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Thursday May 23, 2013
MND NewsWire - 1:41PM
New home sales rose 2.3 percent on a seasonally adjusted basis in April to an annual rate of 454,000 units . The Census Bureau and the Department of Housing and Urban Development also ...
MND NewsWire - 12:10PM
As has every other price-related report, the one issued by the Federal Housing Finance Agency (FHFA) today confirmed the upward momentum of home prices in the first quarter of 2013 ...
Mortgage Rate Watch - 4:19PM
Mortgage rates weren't quite finished with what they began on Wednesday, which was the worst we've seen in a long time . Despite bond markets managing to hold their ground for the most ...
MND NewsWire - 9:44AM
The fifth Semiannual Report from the Office of Inspector General ( OIG ) of the Federal Housing Finance Agency ( FHFA ) was released to Congress today. The report, prepared under the ...
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"Once again, days like today are really not that stressful after four years on this site. Rather than being panicked by what on the surface might seem like a massive one day move that will forever change the future of originating loans in my pipeline, I have the perspective of charts, and analysis that..."
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"Great explanation Matt on today's aggressive sell off in fixed income. I agree the markets reaction was to Bernanke's statement that it could start happening after the next couple of meetings but they seemed to ignore the second part of his statement, that they would have to see improvements in the labor..."
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"Why are we underperforming treasuries?..."
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"Mark, The spreads between TSY's and MBS is widening, that is why underperforming / it has been like this for a while through most of 2013..."
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"I think he wanted the 'why' behind the widening, which would simply be the same old duration shedding theme that goes hand in hand with 10yr yields running up to and over 2%. Every time that happens, 3.0s have gotten queasy and 3.5's to a lesser extent (3.5s are down more today, but over 2 days, 3.0s..."
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"so, I guess that's not really promising for any other reason than being green and that might change shortly..."
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"REPRICE : 11:30 AM - PHH Worse..."
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"REPRICE : 11:35 AM - Flagstar Worse..."
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"REPRICE : 11:36 AM - Fifth Third Mortgage Worse..."
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"Govt. run amok, driving an industry into the ground in real time...."
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Today's Rates
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30 Yr FRM
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3.81%
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+0.04
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15 Yr FRM
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2.97%
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+0.04
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FHA 30 Year Fixed
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3.35%
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+0.03
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Jumbo 30 Year Fixed
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3.92%
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+0.04
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5/1 Yr ARM
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3.05%
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-0.01
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Average Mortgage Rates
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15 Yr. Fixed
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2.96%
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0.83
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+0.12
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30 Yr. Fixed
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3.74%
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1.06
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+0.12
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30 Yr. Fixed
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3.78%
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0.39
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+0.11
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15 Yr. Fixed
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2.96%
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0.32
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+0.08
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30 Yr. Jumbo
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3.93%
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0.36
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+0.06
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30 Yr. FHA
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3.53%
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0.13
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+0.10
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5/1 ARM
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2.60%
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0.23
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+0.05
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30 Yr. Fixed
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3.59%
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0.70
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+0.08
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15 Yr. Fixed
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2.77%
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0.70
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+0.08
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1 Yr. ARM
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2.55%
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0.40
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+0.00
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5/1 Yr. ARM
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2.63%
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0.50
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+0.01
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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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101-22
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-0-01
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30YR FNMA 3.5
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104-20
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-0-02
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30YR GNMA 3.0
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103-01
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-0-00
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30YR GNMA 3.5
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106-16
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-0-01
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15YR FNMA 3.0
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104-19
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+0-03
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15YR FNMA 2.5
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102-27
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+0-01
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2 YR
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0.2465%
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-0.0039
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5 YR
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0.8942%
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-0.0015
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10 YR
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2.0193%
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-0.0140
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30 YR
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3.1906%
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-0.0255
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Prices as of: 5/23/2013 4:31PM EST
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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
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