Daily Newsletter: Thursday July 11, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.54%
                                                                  
                                                                -0.09

15 Year Fixed

                                                                3.72%
                                                                  
                                                                -0.07

10YR Treasury

                                                                2.57%
                                                                  
                                                                -0.1076

FNMA 30YR 3.5

                                                                100-15
                                                                  
                                                                +0-16

FNMA 15YR 2.5

                                                                102-17
                                                                  
                                                                +0-18

View Today's Rates

Thursday July 11, 2013

MND NewsWire - 9:36AM

Massive Disparity In Foreclosures as Judicial States Surge

Even as foreclosure activity is slowing dramatically nationwide, it appears that judicial foreclosure states are revving up to clear backlogs which, in some cases, date back years. ...

MND NewsWire - 9:37AM

Appraisal Exemptions Proposed for High-Priced Loans

Regulators are proposing to exempt three types of loans from some of the appraisal requirements for so-called higher priced mortgages . The requirements are mandated by the Dodd-Frank ...

MND NewsWire - 5:06PM

MBA Debuts New Index To Track Home Sales

The Mortgage Bankers Association (MBA) has just released the first installment of a new measure of loan activity designed as a monthly companion piece to its Weekly Mortgage Application ...

Mortgage Rate Watch - 7:32PM

Mortgage Rates Bounce Back to Week's Lows

Mortgage rates were lower today right out of the gate, continuing a move set in motion by comments from Fed Chairman Bernanke late in yesterday's session. Markets didn't have much time ...

Latest Video

Rates on the Upswing

Race to Lock in Lower Mortgage Rates

Who Will Succeed Bernanke?

More News from 'Around the Web'

Bloomberg - 5:50PM
US Sued by Fannie Mae Investors Over Takeover Terms - Bloomberg
National Housing Conference - 5:49PM
The summer of mortgage finance?
Realtor.Org - 5:49PM
Real Estate Connect, Day 1: Your Customers Feel Empowered, So Should You
CNBC - 3:57PM
Why Banks Have a Friend in Bernanke
Reuters - 3:53PM
China urges U.S. to weigh global impact when exiting QE
Bloomberg - 3:35PM
FHA Expands Foreclosure Alternatives in Effort to Stem Losses - Bloomberg
The Huffington Post - 2:00PM
VIDEO: Most Alarming Real Estate Market Trend Yet
Washington Post - 1:43PM
It's possible America learned nothing from the financial crisis
CNBC - 1:41PM
Here's What's Bothering the Fed's Ben Bernanke
www.npr.org - 12:59PM
Housing Sec.: 'We Forgot How to Make Safe, Plain Vanilla Loans'
www.npr.org - 12:59PM
Is Owning A Home Still A Good American Dream?
Federal Reserve - 12:55PM
Elizabeth A. Duke submits resignation as a member of the Board of Governors, effective August 31, 2013
CNBC - 12:26PM
Mortgage Rates Rising, But There are Plenty of Alternatives for Home Buyers
Fannie Mae - 12:24PM
News Release - Fannie Mae Maintains a Steady Pace of ...
S&P/Case Shiller - 10:22AM
Real Estate C(r)ash Sales
news.google.com - 10:21AM
The Morning Ledger: Bernanke Doubles Down on Easy Money - Wall Street Journal
Bloomberg - 10:18AM
Fabulous Fab Trial Revisits Subprime Crisis 6 Years On
www.census.gov - 10:14AM
Census Bureau: Median Price of Homes Purchased Rose 2.3 Percent to $110,000, 2011 American Housing Survey Finds
freddiemac.mwnewsroom.com - 10:13AM
Freddie Mac: Mortgage Rates Continue Trending Higher
NAFCU - 8:49AM
Agencies eye exceptions on higher-priced mortgages

Today's Comments

	MBS Live Chat - 3:27PM "We’ve really come to a crossroads. Everyone is screaming that GDP will ramp up by the end of ’14. Stock pickers are frothing at the mouth. What do I see? Record part time employment, weekly jobless claims heading higher and “individual” companies with rising inventories. I don’t think we’ll see 1.60..."
	MBS Live Chat - 9:02AM "kramer talking mortgage rates..."
	MBS Live Chat - 12:33PM "REPRICE : 12:33 PM - Stearns Lending Worse..."
	MBS Live Chat - 1:46PM "REPRICE : 1:46 PM - Freedom Mortgage Worse..."
	MBS Live Chat - 1:49PM "REPRICE : 1:49 PM - AMC Better..."
	MBS Live Chat - 2:54PM "REPRICE : 2:54 PM - Provident Funding Better..."
	MBS Live Chat - 2:55PM "REPRICE : 2:55 PM - Pinnacle Better..."
	MBS Live Chat - 3:22PM "REPRICE : 3:22 PM - Flagstar Better..."
	MBS Live Chat - 3:25PM "REPRICE : 3:25 PM - Caliber Funding Better..."
	MBS Live Chat - 3:57PM "REPRICE : 3:57 PM - Stearns Lending Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.54%

-0.09

15 Yr FRM

3.72%

-0.07

FHA 30 Year Fixed

4.37%

-0.10

Jumbo 30 Year Fixed

4.60%

-0.10

5/1 Yr ARM

3.34%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.80%

1.17

-0.23

30 Yr. Fixed

3.58%

1.37

-0.19

MBA **

30 Yr. Fixed

4.68%

0.46

+0.10

15 Yr. Fixed

3.76%

0.41

+0.12

30 Yr. Jumbo

4.86%

0.37

+0.18

30 Yr. FHA

4.37%

0.39

+0.10

5/1 ARM

3.40%

0.54

+0.07

Freddie Mac **

30 Yr. Fixed

4.51%

0.80

+0.22

15 Yr. Fixed

3.53%

0.80

+0.14

1 Yr. ARM

2.66%

0.50

+0.00

5/1 Yr. ARM

3.26%

0.70

+0.16

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

96-21

+0-17

30YR FNMA 3.5

100-15

+0-16

30YR GNMA 3.0

97-19

+0-20

30YR GNMA 3.5

101-13

+0-20

15YR FNMA 3.0

102-17

+0-18

15YR FNMA 2.5

99-22

+0-25

Treasuries

Yield

Change

2 YR

0.3312%

-0.0398

5 YR

1.3929%

-0.1344

10 YR

2.5740%

-0.1076

30 YR

3.6278%

-0.0602

Prices as of: 7/11/2013 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe