Daily Newsletter: Wednesday February 19, 2014

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30 Year Fixed

                                                                4.43%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.44%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.73%
                                                                  
                                                                +0.0233

FNMA 30YR 3.5

                                                                100-23
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                103-00
                                                                  
                                                                -0-03

View Today's Rates

Wednesday February 19, 2014

Mortgage Rate Watch - 5:22PM

Mortgage Rates Back up to Last Week's Levels After FOMC

Mortgage rates began the day moderately lower compared to yesterday's latest levels, but the improvements didn't last . Bond markets including MBS (the 'mortgage-backed-securities' ...

MND NewsWire - 10:47AM

Northeast Region Sees Surge in Housing Starts

Numbers for both housing permits and housing starts were much lower in January than in December while housing completions were up. The Northeast region of the country saw a huge spurt ...

MND NewsWire - 8:31AM

Mortgage Volume down as Rate Rally Cools

Interest rates increased definitively last week and mortgage application volumes fell according to data released today by the Mortgage Bankers Association (MBA). The Market Composite ...

MND NewsWire - 3:33PM

Nervous Sellers Constraining Inventories in California

Sales of existing homes in California were essentially flat in January the California Association of Realtors® (C.A.R.) said on Wednesday. While inventories loosened a bit from ...

Latest Video

Fed minutes: Taper talk dominates

Pulte's list of housing headwinds

Housing starts & permits down

More News from 'Around the Web'

CNBC - 4:02PM
Spring thaw may not help housing market
WSJ - 4:01PM
The Key Passages in the Fed's Minutes
CNBC - 3:29PM
Spring thaw may not heat up this housing market
Bloomberg - 2:41PM
Fed's Lockhart Say U.S. Housing Market Outlook Remains Bright - Bloomberg
CNBC - 2:38PM
Fed weighed taper, jobless rate changes at meeting
S&P/Case Shiller - 1:52PM
Signs of Softness in Housing
CNBC - 1:50PM
Fed's Lockhart: QE will die this year
CNBC - 1:49PM
'Hurdle pretty high' on QE taper: Fed's Williams
National Housing Conference - 1:49PM
Housing affordability improves, but many working households are still struggling
Bloomberg - 12:39PM
Rents Used to Pay Leased-Home Bonds Fall 7.6%, Morningstar Says - Bloomberg
Bloomberg - 12:37PM
BofA $8.5 Billion Mortgage-Bond Settlement Delay Bid Rejected - Bloomberg
WSJ - 12:37PM
Fed's Bullard Sees Steady Taper
CNBC - 10:59AM
Cashin: Why the Fed is flying blind'
CNN - 10:59AM
Priceline for landlords may determine your next rent
Bloomberg - 10:02AM
Waning Mortgage Refinancings Make New Deals Safer, Moody's Says - Bloomberg
CNBC - 9:06AM
Housing stops: Home building plunges in deep freeze
Reuters - 9:06AM
Producer prices edge up in January
www.aia.org - 9:03AM
Slight Rebound for Architecture Billings Index
NY Fed - 9:03AM
February 2014 Business Leaders Survey indicates activity in the region's service sector declined
dealbook.nytimes.com - 8:06AM
Loan Complaints by Homeowners Rise Once More

Today's Comments

	MBS Live Chat - 2:00PM "RTRS- FED MINUTES SHOW SEVERAL OFFICIALS WANTED 'CLEAR PRESUMPTION' IN FAVOR OF $10-BLN CUTS TO BOND BUYING AT EACH POLICY MEETING..."
	MBS Live Chat - 2:00PM "RTRS- A FEW PARTICIPANTS RAISED POSSIBILITY OF RATE RISE RELATIVELY SOON -MINUTES..."
	MBS Live Chat - 2:02PM "a rate rise relatively soon?..."
	MBS Live Chat - 2:06PM "Rate hikes would have a bigger impact to the overall economy than ending QE, right? Corporatons wouldn't be too keen on that...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.43%

+0.02

15 Yr FRM

3.44%

+0.02

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.31%

+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

3.61%

1.06

-0.10

30 Yr. Fixed

4.48%

1.36

-0.10

MBA **

30 Yr. Fixed

4.45%

0.34

-0.02

15 Yr. Fixed

3.49%

0.25

-0.04

30 Yr. Jumbo

4.40%

0.14

-0.02

30 Yr. FHA

4.13%

0.10

+0.01

5/1 ARM

3.11%

0.31

-0.04

Freddie Mac **

30 Yr. Fixed

4.28%

0.70

+0.05

15 Yr. Fixed

3.33%

0.70

+0.00

1 Yr. ARM

2.55%

0.40

+0.04

5/1 Yr. ARM

3.05%

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

96-15

-0-06

30YR FNMA 3.5

100-23

-0-06

30YR GNMA 3.0

98-14

-0-05

30YR GNMA 3.5

102-06

-0-05

15YR FNMA 3.0

103-00

-0-03

15YR FNMA 2.5

100-00

-0-04

Treasuries

Yield

Change

2 YR

0.3185%

+0.0160

5 YR

1.5115%

+0.0313

10 YR

2.7320%

+0.0233

30 YR

3.7030%

+0.0270

Prices as of: 2/19/2014 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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