Daily Newsletter: Tuesday February 4, 2014

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30 Year Fixed

                                                                4.31%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.35%
                                                                  
                                                                +0.03

10YR Treasury

                                                                2.63%
                                                                  
                                                                +0.0524

FNMA 30YR 3.5

                                                                101-22
                                                                  
                                                                -0-12

FNMA 15YR 2.5

                                                                103-09
                                                                  
                                                                -0-06

View Today's Rates

Tuesday February 4, 2014

MND NewsWire - 1:26PM

Refinances Seen Falling to 38 Percent Market Share in 2014

Homeowners who refinanced through Freddie Mac in 2013 continued to display fiscal restraint, choosing fixed rate mortgages, keeping essentially the same mortgage balance, and in many ...

MND NewsWire - 10:59AM

Home Prices at Boom Levels in 2013

One would have to go back to the heart of the housing boom to find a period when home prices increased at a more rapid pace than they did in 2013 CoreLogic said today. While prices ...

MND NewsWire - 4:29PM

Builders with 'Green Experience' Fared Better During Recession

The recession apparently hit those builders experienced in green construction with less severity than other home builders according to a new study on energy-efficient and green home ...

Mortgage Rate Watch - 4:33PM

Mortgage Rates Just Slightly Higher as Markets Pause

Mortgage rates were slightly higher today as financial markets took a break from recent volatility. With the exception of yesterday, today's rates remain the lowest seen since early ...

Latest Video

Fed may extend guidance: Liesman

Time out on taper?

Pisani: Market waiting for another card

More News from 'Around the Web'

WSJ - 4:31PM
Homes Listed for Sale Jumped in These Six Markets
Bloomberg - 4:30PM
Winter Chill to Shift From U.S. Jobs to Retail Sales, BofA Says - Bloomberg
CNBC - 4:00PM
Farm bill on the verge of passage
CNBC - 3:30PM
Fed's Evans: Fed won't raise rates soon
www.aei.org - 3:14PM
A new safer subprime?
Market Watch - 1:29PM
The Technical Indicator: Volatility Index raises caution flag for market bears
WSJ - 12:05PM
Vital Signs: That Wasn't Supposed to Happen
freddiemac.mwnewsroom.com - 12:02PM
Borrowers Who Refinanced in 2013 Saving Over $21 Billion in Interest Payments Over the Coming Year
National Housing Conference - 12:02PM
Moving Housing Forward
www.gallup.com - 10:42AM
U.S. Economic Confidence Continued to Improve in January
blog.redfin.com - 10:42AM
Home Sellers Get Confidence Boost in First Quarter
CNN - 10:37AM
Deficit continues to drop sharply - CBO
www.ourbroker.com - 10:37AM
Why Subprime Mortgages Are Back
Reuters - 10:36AM
Factory orders fall due to drop in transportation
freddiemac.mwnewsroom.com - 10:35AM
Freddie Mac Announces Second Multifamily Securities Offering This Year, K-036
CNBC - 10:34AM
Taper effect: Here comes a bigger correction
National Housing Conference - 10:33AM
Navigating Between Extremes in Housing Finance Reform
WSJ - 9:21AM
Grand Central: Falling U.S. Rates Signal Worsening Sentiment
The Huffington Post - 9:20AM
Your Home In 2030 Will Be Smarter Than You (PHOTOS)
Reuters - 9:18AM
Fed's Lacker sees muted U.S. growth, less policy stimulus

Today's Comments

	MBS Live Chat - 2:07PM "Greentree announced today that they are exiting wholesale...for those interested..."
	MBS Live Chat - 2:54PM "methinks ADP is confused about what to do tomorrow... do we revise lower based on BLS, only to get burned by BLS revising higher......"
	MBS Live Chat - 2:54PM "they will definitely revise after getting nfp numbers..."
	MBS Live Chat - 2:54PM "with so many months aligned until last month......"
	MBS Live Chat - 2:55PM "but adp hasnt been tracking NFP well have they?..."
	MBS Live Chat - 2:55PM "BLS revises more than ADP..."
	MBS Live Chat - 2:55PM "http://mndne.ws/1am5qM1 there's a table in that lower chart..."
	MBS Live Chat - 3:05PM "is it me or does it seem like there locking before NFP is a given...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.31%

+0.03

15 Yr FRM

3.35%

+0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.22%

+0.03

5/1 Yr ARM

3.19%

+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

4.52%

0.40

-0.05

15 Yr. Fixed

3.59%

0.26

-0.09

30 Yr. Jumbo

4.47%

0.27

-0.10

30 Yr. FHA

4.18%

0.33

-0.06

5/1 ARM

3.25%

0.33

+0.02

Freddie Mac **

30 Yr. Fixed

4.32%

0.70

-0.07

15 Yr. Fixed

3.40%

0.60

-0.04

1 Yr. ARM

2.55%

0.40

+0.01

5/1 Yr. ARM

3.12%

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

97-19

-0-12

30YR FNMA 3.5

101-22

-0-12

30YR GNMA 3.0

99-09

-0-14

30YR GNMA 3.5

102-31

-0-13

15YR FNMA 3.0

103-09

-0-06

15YR FNMA 2.5

100-15

-0-07

Treasuries

Yield

Change

2 YR

0.3118%

+0.0157

5 YR

1.4625%

+0.0293

10 YR

2.6258%

+0.0524

30 YR

3.5960%

+0.0661

Prices as of: 2/4/2014 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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