Daily Newsletter: Monday February 10, 2014

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30 Year Fixed

                                                                4.32%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.36%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.67%
                                                                  
                                                                -0.0109

FNMA 30YR 3.5

                                                                101-22
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                103-16
                                                                  
                                                                +0-03

View Today's Rates

Monday February 10, 2014

MND NewsWire - 1:34PM

HARP Crosses 3 Million Mark; Delinquencies Rates Keep Shining

The Home Affordable Refinance Program (HARP) has scored a significant milestone according to the Federal Housing Finance Agency, hitting the 3 million mark for refinances. The cumulative ...

MND NewsWire - 12:03PM

Housing Scorecard: Homeowner Equity up $3.4 Trillion

The Obama Administration's January Housing Scorecard, issued jointly by the Departments of Treasury and Housing and Urban Development (HUD) notes that foreclosure starts in 2013 were ...

Mortgage Rate Watch - 3:48PM

Mortgage Rates Just Slightly Lower Ahead of Yellen Testimony

Mortgage rates improved just slightly today, building moderately on Friday's strength following the weaker jobs report. That having been said, the pace of improvements is a bit lacking ...

Pipeline Press - 10:36AM

NMLS Updated; Compensation Survey; Appraisal News; HUD Changing Application Process

Things can be misleading out there, and occasionally non-depository mortgage bankers wonder about becoming licensed in other states. The best source that I have found for figuring out ...

Latest Video

New round of foreclosures

Short sale tax implications

Higher 10-year yield good for market: Pro

More News from 'Around the Web'

WSJ - 4:38PM
House Financial Services Committee Chairman to Question Yellen on Fed's Bond-Buying Program
CNBC - 4:38PM
P2P lenders install investor speed bumps
CNBC - 3:02PM
Foreclosures could rise without Congress' help
Fannie Mae - 3:00PM
News Release - Consumers Positive About Access to ...
WSJ - 1:56PM
Data This Week Will Tell Us More About Weather Impact
www.frbsf.org - 1:22PM
When Will the Fed End Its Zero Rate Policy?
CNBC - 1:16PM
Justice Dept. sued over JPMorgan deal
CNN - 12:07PM
Regulators fear more bad mortgage practices
FHFA - 12:04PM
HARP Refinances Surpass 3 Million Mark
CNBC - 10:46AM
Stocks mostly lower as investors wait to hear from Fed chair
www.gallup.com - 9:26AM
Economic Confidence Still Highest in D.C. in 2013
news.google.com - 9:23AM
Fed's Rosengren Urges Patience in Pulling Back on Easy Money - Wall Street Journal
www.freddiemac.com - 9:22AM
Quality Control in 2014
Market Watch - 8:34AM
A new mortgage tool from the CFPB
Market Watch - 8:32AM
Treasurys edge lower ahead of week of auctions
CNBC - 8:30AM
Wall Street awaits Yellen speech for taper clues
Bloomberg - 1:18AM
Treasury Yield Curve Near January High Before Yellen Speech - Bloomberg

Today's Comments

	MBS Live Chat - 10:43AM "a lot of red on the pricing sheets this am..."
	MBS Live Chat - 1:28PM "how was everyone's January production numbers?..."
	MBS Live Chat - 2:11PM "I had a pretty good January, not complaining, but could have been better. Looking at having a SOLID February...."
	MBS Live Chat - 2:27PM "what are the top 3 reasons why lenders are exiting the wholesale business?..."
	MBS Live Chat - 2:27PM "$$, $$, $$..."
	MBS Live Chat - 1:30PM "horrendous..."
	MBS Live Chat - 2:27PM "Compliance..."
	MBS Live Chat - 2:28PM "cost to do business. Compliance, risk, etc......"
	MBS Live Chat - 4:07PM "Jeffrey Gundlach thinks 10YR at 2.50 before trend higher continues..."
	MBS Live Chat - 4:08PM "That seems to be one side of the debate right now. It was probably the more prevalent side early last week when the emerging market kool-aid was still going around, and traders were still pretending like they wanted more pain trade, but it started to balance back out by Friday for sure...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.32%

-0.02

15 Yr FRM

3.36%

-0.02

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.23%

-0.02

5/1 Yr ARM

3.24%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.61%

1.06

-0.10

30 Yr. Fixed

4.48%

1.36

-0.10

MBA **

30 Yr. Fixed

4.47%

0.25

-0.05

15 Yr. Fixed

3.53%

0.28

-0.06

30 Yr. Jumbo

4.42%

0.11

-0.05

30 Yr. FHA

4.12%

0.15

-0.06

5/1 ARM

3.15%

0.41

-0.10

Freddie Mac **

30 Yr. Fixed

4.23%

0.70

-0.09

15 Yr. Fixed

3.33%

0.70

-0.07

1 Yr. ARM

2.51%

0.50

-0.04

5/1 Yr. ARM

3.08%

0.50

-0.04

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

97-09

+0-03

30YR FNMA 3.5

101-22

+0-05

30YR GNMA 3.0

99-04

+0-05

30YR GNMA 3.5

103-01

+0-07

15YR FNMA 3.0

103-16

+0-03

15YR FNMA 2.5

100-18

+0-01

Treasuries

Yield

Change

2 YR

0.3113%

+0.0039

5 YR

1.4738%

+0.0033

10 YR

2.6729%

-0.0109

30 YR

3.6554%

-0.0189

Prices as of: 2/10/2014 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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