Daily Newsletter: Wednesday November 12, 2014

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30 Year Fixed

                                                                4.05%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.23%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.37%
                                                                  
                                                                +0.0108

FNMA 30YR 3.5

                                                                103-01
                                                                  
                                                                -0-10

FNMA 15YR 2.5

                                                                103-27
                                                                  
                                                                +0-01

View Today's Rates

Wednesday November 12, 2014

Mortgage Rate Watch - 5:03PM

Mortgage Rates Finish Higher After Starting Strong

Mortgage rates began the day lower , but not too far from Monday's latest levels. As the day progressed, the bond markets that underlie rate movements grew progressively weaker. Most ...

MND NewsWire - 3:34PM

Treasury Official Advocates Private Mortgage Market Development

Seven years after the financial crisis the private label securities (PLS) market is "barely clinging to life" , a Treasury official said on Wednesday. Michael Stegman, counselor to ...

MND NewsWire - 10:16AM

Mortgage Apps Little Changed; FHA/VA Gain Market Share

Mortgage application volume declined slightly in all but one category during the week ended November 7. The Mortgage Bankers Association said that its Market Composite Index, a measure ...

MBS Commentary - 7:40AM

MBS Day Ahead: Limited Calendar But Important 10yr Treasury Auction

As bond markets get back to business today, the afternoon's 10yr Note auction will be important one way or another . Actually, that could be said with more certainty about the week ...

Latest Video

Housing recovery & blaming millennials

JPMorgan whistleblower speaks out

Trading homebuilders: Pros & cons

More News from 'Around the Web'

CNBC - 5:27PM
The 10 most expensive US real estate markets
CNBC - 4:21PM
Millennials driving rental market: Pro
Bloomberg - 3:22PM
Mortgage-Bond Recovery Needs Bigger Buyers, JPMorgan Says - Bloomberg
WSJ - 3:22PM
Fed's Kocherlakota Says Raising Rates in 2015 Would Be a Mistake
CNN - 3:22PM
The home improvement business is booming
DataQuick - 3:09PM
October Southland Home Sales Press Release
WSJ - 1:33PM
Charlotte Seeing Spec Projects As Office Market Heats Up
WSJ - 1:30PM
Why Are So Many Workers Still Part Time? Seven Charts
Bloomberg - 1:28PM
Treasuries Pare Advance After $24 Billion Sale of 10-Year Notes - Bloomberg
Bloomberg - 12:30PM
Treasury Urges Issuers, Buyers to Make Benchmark MBS - Bloomberg
Bloomberg - 11:17AM
Bank of America Won't Loosen Mortgage Standards, CEO Says - Bloomberg
Washington Post - 10:40AM
What happens when housing for the poor is remodeled for Millennials
WSJ - 10:08AM
Where Veterans Are and Aren't Living
WSJ - 10:08AM
Fed's Plosser: Raise Rates Soon or Risk Falling Behind the Curve
blog.redfin.com - 10:07AM
23 Signs You Live in San Francisco, or Need to Move There
Calculated Risk Blog - 10:05AM
NFIB: Small Business Optimism Index Increases in October
Market Watch - 8:53AM
5 most expensive and 5 most affordable housing markets for an executive home
CNBC - 8:48AM
Mortgage volume stalls with rates

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.05%

+0.01

15 Yr FRM

3.23%

+0.01

FHA 30 Year Fixed

3.60%

+0.05

Jumbo 30 Year Fixed

3.94%

+0.01

5/1 Yr ARM

3.22%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.20%

0.17

-0.10

15 Yr. Fixed

3.41%

0.28

-0.07

30 Yr. Jumbo

4.14%

0.10

-0.07

30 Yr. FHA

3.90%

0.08

-0.10

5/1 ARM

3.05%

0.38

-0.15

Freddie Mac **

30 Yr. Fixed

4.02%

0.50

+0.04

15 Yr. Fixed

3.21%

0.50

+0.08

1 Yr. ARM

2.45%

0.40

+0.02

5/1 Yr. ARM

2.97%

0.50

+0.03

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

99-18

-0-11

30YR FNMA 3.5

103-01

-0-10

30YR GNMA 3.0

101-22

-0-03

30YR GNMA 3.5

104-04

-0-03

15YR FNMA 3.0

103-27

+0-01

15YR FNMA 2.5

101-11

-0-03

Treasuries

Yield

Change

2 YR

0.5432%

+0.0043

5 YR

1.6513%

+0.0099

10 YR

2.3712%

+0.0108

30 YR

3.1022%

+0.0088

Prices as of: 11/12/2014 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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