Daily Newsletter: Monday June 17, 2013

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                3.20%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.18%
                                                                  
                                                                +0.0540

FNMA 30YR 3.5

                                                                103-08
                                                                  
                                                                -0-08

FNMA 15YR 2.5

                                                                104-00
                                                                  
                                                                -0-01

View Today's Rates

Monday June 17, 2013

MND NewsWire - 11:03AM

Builder Confidence Soars. Sharpest Rise Since 2002

Low inventories and increasing traffic have unleashed the confidence of new new home builders the National Association of Home Builders (NAHB) said today. Its Housing Market Index ...

Mortgage Rate Watch - 4:14PM

Mortgage Rates Slightly Higher; Anticipation Building for Fed

Mortgage rates rose in the afternoon , after beginning the day unchanged to slightly higher compared to Friday afternoon. That means lenders recalled their initial rate sheets from ...

MBS Commentary - 5:07PM

MBS RECAP: Light Volume Stability Falls Victim to Headlines

MBS Live : MBS Afternoon Market Summary Most of this afternoon's drama is extensively relayed in the catalogue of alerts and updates below. To recap that recap, an article from the ...

MBS Commentary - 7:19AM

The Week Ahead: Setting the Tone for 2nd Half of 2013

The theme of " honing in " is everywhere in financial markets and in the universe beyond. It goes by many names and can be thought of in many ways: a plucked guitar string returning ...

Latest Video

Will Taper Talk End Refinance Boom?

Home Builder Sentiment at 7-Year High

Stocks Swing Ahead of Fed

More News from 'Around the Web'

WSJ - 3:39PM
Mortgage-Bond Pioneer Sets Jumbo Offering
news.google.com - 3:38PM
Why the Fed's 'Tapering' Matters So Much - Wall Street Journal
www.cfpbmonitor.com - 3:36PM
Supreme Court grants cert (again) in FHA disparate impact case
Realtor.Org - 2:03PM
How Communities Become Nicer Places to Live
www.corker.senate.gov - 12:44PM
Fannie, Freddie Future Finds a Focus
Washington Post - 12:36PM
Why does the government encourage people to build homes in wildfire zones?
NMLS - 12:34PM
NMLS Industry Webinar for State-Licensed Companies Submitting an Advance Change Notice through NMLS
CNBC - 12:34PM
Lawsuit Says BoA Paid Bankers More to Foreclose
CNBC - 10:31AM
When Doves Cry: Can Bernanke Calm 'Taper' Tantrum?
CNBC - 10:30AM
Home Builder Confidence Hits 7-Year High in June
NAHB - 10:30AM
Builder Confidence Hits Major Milestone in June
Washington Post - 9:50AM
Crossed signals over Fed's stimulus efforts
CNBC - 9:49AM
Stocks Jump at Open Ahead of Fed Meeting
CNBC - 9:03AM
Home Warranties Not Always a Smart Move
CNBC - 9:03AM
Good Manufacturing News Not As Good as It Looks
Reuters - 8:05AM
Former Bank of America workers allege it lied to home owners
Washington Post - 8:05AM
Lenders seek court actions against homeowners years after foreclosure
www.freddiemac.com - 8:15AM
Freddie Mac: New Tool Helps Homeowners Navigate Expanded Relief Options

Today's Comments

	MBS Live Chat - 3:22PM "REPRICE : 3:22 PM - Everett Financial Worse..."
	MBS Live Chat - 3:22PM "(first famc was at 249 pm)..."
	MBS Live Chat - 3:31PM "REPRICE : 3:31 PM - Interbank Worse..."
	MBS Live Chat - 3:37PM "oh geez, now Harding is tweeting a qualification to his article..."
	MBS Live Chat - 3:42PM "Harding's tweet "But people need to chill out. The Fed does not leak anything to any journalist to steer markets - especially during blackout"..."
	MBS Live Chat - 3:43PM "to which steve liesman responded @RobinBHarding How did you think mkts would react when you write an unattributed story starting "Bernanke is likely to signal.."..."
	MBS Live Chat - 4:16PM "I have an underwriter insisting that I am missing a schedule L from a client's 1120 return. It's not an 1120s, just an 1120. Searching on line, I don't see that there is a schedule L for the standard 1120. Anyone know?..."
	MBS Live Chat - 4:20PM "L is the section showing the balance sheet..."
	MBS Live Chat - 4:22PM "She is looking for any business liabilities that are due and payable in less than 12 months is my guess..."
	MBS Live Chat - 4:23PM "it is on page 5 of the IRS 1120 form: http://www.irs.gov/pub/irs-pdf/f1120.pdf..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

+0.04

15 Yr FRM

3.20%

+0.03

FHA 30 Year Fixed

3.67%

+0.05

Jumbo 30 Year Fixed

4.19%

+0.02

5/1 Yr ARM

2.91%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.03%

0.84

+0.07

30 Yr. Fixed

3.77%

1.20

+0.03

MBA **

30 Yr. Fixed

3.90%

0.39

+0.12

15 Yr. Fixed

3.10%

0.30

+0.14

30 Yr. Jumbo

4.07%

0.27

+0.14

30 Yr. FHA

3.62%

0.27

+0.09

5/1 ARM

2.60%

0.24

+0.00

Freddie Mac **

30 Yr. Fixed

3.98%

0.70

+0.07

15 Yr. Fixed

3.10%

0.70

+0.07

1 Yr. ARM

2.58%

0.40

+0.00

5/1 Yr. ARM

2.79%

0.60

+0.05

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

100-02

-0-14

30YR FNMA 3.5

103-08

-0-08

30YR GNMA 3.0

101-17

-0-14

30YR GNMA 3.5

104-18

-0-14

15YR FNMA 3.0

104-00

-0-01

15YR FNMA 2.5

101-27

-0-08

Treasuries

Yield

Change

2 YR

0.2660%

-0.0081

5 YR

1.0519%

+0.0244

10 YR

2.1817%

+0.0540

30 YR

3.3539%

+0.0510

Prices as of: 6/17/2013 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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