Daily Newsletter: Thursday January 16, 2014

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30 Year Fixed

                                                                4.50%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.50%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.84%
                                                                  
                                                                -0.0480

FNMA 30YR 3.5

                                                                100-14
                                                                  
                                                                +0-13

FNMA 15YR 2.5

                                                                102-16
                                                                  
                                                                +0-07

View Today's Rates

Thursday January 16, 2014

MND NewsWire - 3:14PM

Are We There Yet? Freddie Mac Says Recovery Has Ways to Go

The housing market turned the corner in 2012 Freddie Mac's economists said today, and the recovery was fully underway in 2013. But despite the positive trends in home price indexes ...

MND NewsWire - 12:44PM

Home Remodeling Spending will be Strong into 2014

The strong growth in the home remodeling market which began in the second quarter of 2013 will continue through the first half of 2014 according to LIRA, the Leading Indicator of Remodeling ...

Mortgage Rate Watch - 3:58PM

Mortgage Rates Fall Modestly, Staying in New Lower Range.

Mortgage rates moved lower today preserving the pocket of recovery that formed on the heels of last week's Employment Situation report. Every day so far this week has offered the lowest ...

MND NewsWire - 9:23AM

Foreclosures at 5 year Low in 2013, but Some States Still Increasing

Is it finally over? With foreclosure filings throughout 2013 reported by RealtyTrac to be at the lowest annual level since 2007 , one might begin to hope the housing crisis has ended ...

Latest Video

Home builder confidence slips to 56

Bernanke: Paulson did what had to be done

Initial jobless claims 326,000; CPI up 0.3% in December

More News from 'Around the Web'

www.cfpbmonitor.com - 4:55PM
CFPB settles RESPA referral fee charges against mortgage lender based on rent payments
Google News - 4:51PM
Realtors® Rate Exterior Replacement Projects Among Most Valuable Home Improvements
WSJ - 2:44PM
Fed's Williams Questions Whether QE Should Remain in Toolkit
www.gallup.com - 2:44PM
Americans' Satisfaction With Economy Sours Most Since 2001
Reuters - 2:43PM
Housing crash hit minority communities hardest, study shows
Fannie Mae - 2:41PM
News Release - Fannie Mae Multifamily Issues $28.5 Billion of ...
WSJ - 2:40PM
Economists Give Bernanke a B for Final Grade, Expect QE3 to End This Year
Bloomberg - 2:40PM
Wells Fargo Plans $1.5 Billion Bond Offering; Credit Swaps Rise - Bloomberg
CNBC - 12:21PM
Bernanke cracks wise: The best QE joke ever!
freddiemac.mwnewsroom.com - 12:20PM
Taking the Temperature of the Market
blog.redfin.com - 10:50AM
Dwindling Inventory Drove Atypical December Price Growth
freddiemac.mwnewsroom.com - 10:28AM
Freddie Mac: Fixed Mortgage Rates Move Lower on Economic Data
OCC - 10:28AM
OCC Proposes Formal Guidelines for Its Heightened Expectations for Large Banks
freddiemac.mwnewsroom.com - 10:28AM
Freddie Mac Multifamily Research Highlights Borrower Default Behavior
CNBC - 10:27AM
Builder sentiment falls slightly in January
CNBC - 10:27AM
Volcker rule changes bring relief to small banks
investors.flagstar.com - 9:09AM
Flagstar Announces Organizational Restructuring to Reduce Costs and Enhance Profitability

Today's Comments

	Mortgage Rate Watch - 5:00PM "This is great info to share with your database!..."
	MBS Live Chat - 10:03AM "victor - i'm seeing 4, UNLESS extenuating..."
	MBS Live Chat - 10:05AM "Fannie is 2 years 80% LTV..."
	MBS Live Chat - 10:05AM "Freddie is 4 years..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.50%

-0.03

15 Yr FRM

3.50%

-0.03

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.38%

-0.02

5/1 Yr ARM

3.25%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.62%

1.06

+0.18

30 Yr. Fixed

4.49%

1.21

+0.22

MBA **

30 Yr. Fixed

4.72%

0.28

+0.00

15 Yr. Fixed

3.77%

0.34

+0.04

30 Yr. Jumbo

4.66%

0.12

+0.00

30 Yr. FHA

4.36%

0.15

+0.01

5/1 ARM

3.33%

0.44

+0.02

Freddie Mac **

30 Yr. Fixed

4.41%

0.70

-0.10

15 Yr. Fixed

3.45%

0.70

-0.11

1 Yr. ARM

2.56%

0.50

+0.00

5/1 Yr. ARM

3.10%

0.50

-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

96-00

+0-14

30YR FNMA 3.5

100-14

+0-13

30YR GNMA 3.0

97-18

+0-13

30YR GNMA 3.5

101-29

+0-14

15YR FNMA 3.0

102-16

+0-07

15YR FNMA 2.5

99-16

+0-09

Treasuries

Yield

Change

2 YR

0.3866%

-0.0079

5 YR

1.6401%

-0.0347

10 YR

2.8414%

-0.0480

30 YR

3.7726%

-0.0469

Prices as of: 1/16/2014 4:30PM 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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