Daily Newsletter: Friday February 7, 2014

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30 Year Fixed

                                                                4.34%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.38%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.68%
                                                                  
                                                                -0.0202

FNMA 30YR 3.5

                                                                101-17
                                                                  
                                                                +0-10

FNMA 15YR 2.5

                                                                103-13
                                                                  
                                                                +0-08

View Today's Rates

Friday February 7, 2014

MND NewsWire - 11:54AM

Half those Eligible have not Refinanced; Fannie Mae asks "Why?"

Nearly half of the homeowners who could refinance their homes have not done so despite the prolonged availability of record low mortgage interest rates. Fannie Mae's Economic & ...

MND NewsWire - 12:21PM

Yes, Quantitative Easing Helps Mortgage Rates, but There's a Catch

Two Federal Reserve System economists have looked at the recent quantitative easing programs of the Federal Reserve to determine whether a central bank's monetary policy could retain ...

MND NewsWire - 1:18PM

CFPB Changes HMDA Data Collection

The Consumer Financial Protection Bureau (CFPB) has announced it will take the initial step to improve data collected under the Home Mortgage Disclosure Act ( HMDA ) by convening a ...

Mortgage Rate Watch - 3:10PM

Mortgage Rates Only Slightly Lower After Weak Employment Data

Mortgage rates were finally lower today, but the drop was modest given that it was the product of a weak jobs report--typically a bigger market mover. Additionally, when viewed against ...

Latest Video

Cashin says this could tempt Fed to taper

The Week Ahead: Yellen goes to Congress

Santelli: Markets believe there is a weather issue

More News from 'Around the Web'

Reuters - 4:26PM
U.S. consumer credit posts biggest jump in 10 months
CNBC - 4:26PM
Lew: Treasury likely to run out of funds Feb. 27
WSJ - 2:52PM
5 Takeaways From the January Employment Report
DataQuick - 2:52PM
December Las Vegas Home Sale Press Release
Washington Post - 1:23PM
The architect of credit default swaps will no longer be advising the CFTC
National Housing Conference - 11:56AM
Housing Stretches the Budgets of Lower Income Households
CNBC - 11:56AM
Jobless rate forces Yellen's hand
blog.redfin.com - 11:15AM
Which Bidding War Strategies Are The Most Effective?
CFPB - 11:15AM
New tools to explore mortgage data
WSJ - 10:15AM
Economists React: For Economy Winter From Hell'
CNBC - 10:11AM
Not only weather to blame for 'weird' jobs report
Realtor.Org - 9:01AM
NAR: Rent-to-Buy? Try âVacation-to-Buy'
CNBC - 8:56AM
Fed's Fisher: Taper course on track
CNBC - 8:15AM
Fund investors drop stocks for bonds
CNBC - 8:11AM
Greenspan is really worried about this
CNBC - 8:10AM
Crucial jobs report in focus for Wall Street

Today's Comments

	MND NewsWire - 2:11PM "keep it going!!..."
	MND NewsWire - 7:42PM "Hold on. It says 1 in 6 has recovered. If my math is correct that means 16% has recovered not 85% recovery. thats a .16 batting average NOT .85. Am I missing something?..."
	MBS Live Chat - 12:35PM "Ya, remarkably symmetrical pattern since 10. MG, you have a name or comment for that pattern right? Trading is purely mechanical or something like that?..."
	MBS Live Chat - 12:36PM "yeah, whatever gets that point across. Stable, mechanical, rote, boring, noncommittal, soporific, ZZZzzz......"
	MBS Live Chat - 12:42PM "Right. Time for the PM upswing. And I just learned what soporific meant...."
	MBS Live Chat - 12:45PM "Another great benefit of MBS live. Amazing what we learn on here...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.34%

-0.04

15 Yr FRM

3.38%

-0.03

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.25%

-0.03

5/1 Yr ARM

3.22%

-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

97-06

+0-10

30YR FNMA 3.5

101-17

+0-10

30YR GNMA 3.0

98-31

+0-10

30YR GNMA 3.5

102-26

+0-07

15YR FNMA 3.0

103-13

+0-08

15YR FNMA 2.5

100-17

+0-07

Treasuries

Yield

Change

2 YR

0.3074%

-0.0200

5 YR

1.4705%

-0.0507

10 YR

2.6838%

-0.0202

30 YR

3.6743%

+0.0026

Prices as of: 2/7/2014 4:28PM 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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