Daily Newsletter: Thursday July 25, 2013

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30 Year Fixed

                                                                4.48%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.66%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.57%
                                                                  
                                                                -0.0111

FNMA 30YR 3.5

                                                                100-26
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                102-19
                                                                  
                                                                +0-04

View Today's Rates

Thursday July 25, 2013

MND NewsWire - 10:21AM

Huge Spike in Delinquency Rate After 5 Months of Improvements

Lender Processing Services (LPD) will be reporting a huge spike in the U.S. Loan delinquency rate when it releases its Mortgage Monitor for June. Its usual advanced release of some ...

MND NewsWire - 2:36PM

QRM Rules May Change; Multiple Agencies Working on Proposal

Reuters is reporting that federal regulators are considering revamping some of their rules related to the retained risk provisions of the Dodd-Frank Act. The law requires that lenders ...

Pipeline Press - 9:50AM

LO Comp Plans, 3 Percent QM Cap & LLPAs

"America is the only country where a significant proportion of the population believes that professional wrestling is real but the moon landing was faked." There is nothing fake about ...

MND NewsWire - 10:40AM

New Freddie Mac Debt Notes to Transfer Risk to Private Sector

About 50 broadly diversified investors are participating in a $500 million offering by Freddie Mac of Structured Agency Credit Risk (STACR SM ) Debt Notes. STACR debt, the first in ...

Latest Video

Fed tapering = tightening?

PIMCO's prediction for next Fed chair

Santelli's Midday Bond Report

More News from 'Around the Web'

FHFA - 6:15PM
FHFA Announces Settlement with UBS
CNBC - 5:05PM
Hamptons beach home sales hit record
CNBC - 4:19PM
Home builders hurt: what happened?
Washington Post - 3:51PM
Yellen vs. Summers: Who would be a better Fed chair?
Washington Post - 3:51PM
Larry Summers isn't popular in the blogosphere. But he's got friends in high places.
Bloomberg - 1:54PM
Homebuilders Fall as Pulte, Horton Orders Miss Estimates - Bloomberg
CNBC - 1:35PM
Mortgage delinquencies take a sharp turn up
FHFA - 1:34PM
2-Month Old FHFA Refinance Statistics
NAHB - 11:36AM
Setting the Record Straight on the Mortgage Interest Deduction
www.corelogic.com - 10:48AM
CoreLogic Reports Second Quarter 2013 Financial Results
Reuters - 10:29AM
U.S. regulators may weaken plan to rein in mortgage underwriting-sources
freddiemac.mwnewsroom.com - 10:25AM
Mortgage Rates Calm Further
CNBC - 10:25AM
Will rising rates spell doom for home builders?
NAHB - 10:25AM
Remodeler Confidence Rebounds in Second Quarter
freddiemac.mwnewsroom.com - 9:25AM
Freddie Mac Issues Monthly Volume Summary for June 2013
www.lpsvcs.com - 9:23AM
LPS' June "First Look" Mortgage Report: After Five Consecutive Months of Declines, Delinquency Rate Sees Seasonal Spike of Nearly 10 Percent
Washington Post - 8:28AM
Ex-Goldman Sachs trader, SEC spar in civil trial over 2007 mortgage deal
Reuters - 8:27AM
D.R. Horton profit beats estimates on higher home prices
CNBC - 8:15AM
Hedge funds most bearish on Treasurys in 16 months

Today's Comments

	MBS Live Chat - 3:40PM "RTRS- WELLS FARGO & CO WFC.N - DECISION IS EFFECTIVE IMMEDIATELY AND IS EXPECTED TO BE COMPLETED OVER THE NEXT 12 TO 18 MONTHS..."
	MBS Live Chat - 3:40PM "RTRS - WELLS FARGO & CO WFC.N - NO IMPACTS ON CUSTOMER SERVICE OR LOAN PROCESSING ARE EXPECTED...."
	MBS Live Chat - 3:41PM "RTRS - WELLS FARGO SAYS WELLS FARGO VENTURES, UNIT OF WELLS FARGO BANK, N.A., PLANS TO WITHDRAW FROM ITS EIGHT JV IN MORTGAGE LENDING..."
	MBS Live Chat - 3:41PM "RTRS- WELLS FARGO-DECISION BASED ON REGULATORY ENVIRONMENT AS CHANGES IN FEDERAL OVERSIGHT HAVE INCREASED COMPLEXITY, DIFFICULTY OF OPERATING MORTGAGE JVS..."
	MBS Live Chat - 4:11PM "REPRICE : 4:11 PM - PennyMac Better..."
	MBS Live Chat - 4:11PM "REPRICE : 4:11 PM - USBank Better..."
	MBS Live Chat - 4:14PM "REPRICE : 4:14 PM - Interbank Better..."
	MBS Live Chat - 4:17PM "REPRICE : 4:17 PM - Wells Fargo Better..."
	MBS Live Chat - 4:19PM "REPRICE : 4:19 PM - Caliber Funding Better..."
	MBS Live Chat - 4:21PM "REPRICE : 4:21 PM - Green Tree Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.48%

-0.01

15 Yr FRM

3.66%

-0.01

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.55%

-0.02

5/1 Yr ARM

3.23%

-0.02

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

4.58%

0.40

-0.10

15 Yr. Fixed

3.63%

0.35

-0.07

30 Yr. Jumbo

4.66%

0.41

-0.15

30 Yr. FHA

4.28%

0.33

-0.10

5/1 ARM

3.30%

0.34

-0.09

Freddie Mac **

30 Yr. Fixed

4.31%

0.80

-0.06

15 Yr. Fixed

3.39%

0.80

-0.02

1 Yr. ARM

2.65%

0.40

-0.01

5/1 Yr. ARM

3.16%

0.70

-0.01

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

96-28

+0-02

30YR FNMA 3.5

100-26

+0-03

30YR GNMA 3.0

97-30

+0-06

30YR GNMA 3.5

101-30

+0-08

15YR FNMA 3.0

102-19

+0-04

15YR FNMA 2.5

99-19

+0-02

Treasuries

Yield

Change

2 YR

0.3245%

-0.0275

5 YR

1.3750%

+0.0001

10 YR

2.5731%

-0.0111

30 YR

3.6464%

+0.0038

Prices as of: 7/25/2013 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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