Daily Newsletter: Monday March 31, 2014

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30 Year Fixed

                                                                4.54%
                                                                  
                                                                +0.05

15 Year Fixed

                                                                3.53%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.72%
                                                                  
                                                                -0.0036

FNMA 30YR 3.5

                                                                100-21
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                102-24
                                                                  
                                                                +0-02

View Today's Rates

Monday March 31, 2014

Mortgage Rate Watch - 2:43PM

Mortgage Rates Near Highest Levels in More Than 2 Months

Mortgage rates continued higher today, as part of a 2 day move following 5 straight days of improvement. Nearly all of that improvement has been erased and rates are now in line with ...

MND NewsWire - 3:48PM

New Housing Proposals Will Only Make Credit Conditions Tighter - Report

Dr. Kenneth Rosen, Chairman, Fisher Center for Real Estate and Urban Economics and Professor Emeritus, University of California, Berkley emerges as a bit of a contrarian in an article ...

Pipeline Press - 9:26AM

FBI Investigating Flood Maps; Jumbo Production Forecast Falls; Proposed AMC Legislation

Before heading to Wisconsin for a few days, over the weekend I called The Bellagio to find out the betting lines on the PATH Act, Johnson-Crapo, Corker-Warner, and now Maxine Waters ...

MBS Commentary - 8:00AM

MBS Week Ahead: Serious Monotony Problem for Bond Markets; Time to Move on?

For most of 2013, the mission was clear for bond markets. It mostly involved rapid selling and significant amounts of pain for any fans of low interest rates. After a brief correction ...

Latest Video

Yellen: Labor market slack shows still room for Fed help

Bill Ackman increases bet on Freddie & Fannie

Is Dodd-Frank hurting mid-sized banks?

More News from 'Around the Web'

WSJ - 5:27PM
Financial Stability Board Warns Sharp Market Adjustments May Expose System Vulnerabilities
www.justice.gov - 5:27PM
Seven Indicted in Florida in Mortgage Scheme
CNBC - 5:27PM
Pimco's Bill Gross has company in bond misery
CFPB - 3:34PM
Compliance guide for TILA-RESPA Integrated Disclosure Rule available now
www.aei-ideas.org - 2:32PM
Large numbers of people will have to no choice but to invent their own jobs '
CNBC - 2:28PM
Top Wall Street cop: Heads are going to roll
Reuters - 1:40PM
Wall Street groups pan U.S. SEC's asset-backed securities draft plan
CNBC - 1:38PM
ACA deadline spurs enrollment flood
www.frbsf.org - 1:36PM
Career Changes Decline during Recessions
www.cfpbmonitor.com - 12:45PM
Report says CFPB representatives will not appear at House hearing on alleged CFPB employee discrimination
CNBC - 12:13PM
Real estate's red-hot category: Apartments
Reuters - 10:51AM
Yellen strongly defends easy Fed policies, cites U.S. labor slack
CNBC - 10:51AM
US Midwest business activity falls
CNBC - 10:50AM
Ackman boosts his bets on Fannie Mae, Freddie Mac
Federal Reserve - 10:50AM
Yellen, What the Federal Reserve is Doing to Promote a Stronger Job Market
CNBC - 10:00AM
Yellen: Fed's 'extraordinary commitment' needed
The Atlantic - 9:41AM
How You, I, and Everyone Got the Top 1 Percent All Wrong
Market Watch - 9:36AM
U.S. too-big-to-fail subsidy as high as $70 billion, IMF says
Reuters - 8:32AM
Futures climb with Yellen on tap
CNBC - 8:31AM
More investors yielding to bonds' charms again

Today's Comments

	MBS Live Chat - 9:52AM "RTRS- FED'S YELLEN: EXTRAORDINARY COMMITMENT TO STIMULUS WILL BE NEEDED FOR SOME TIME, A VIEW WIDELY SHARED BY FELLOW POLICYMAKERS..."
	MBS Live Chat - 9:52AM "extraordinary commitment!..."
	MBS Live Chat - 9:52AM "RTRS- YELLEN: CUTS TO BOND BUYING NOT A LESSENING OF COMMITMENT, BUT REFLECTION OF SOME LABOR MARKET PROGRESS..."
	MBS Live Chat - 9:53AM "pretty bond friendly statements..."
	MBS Live Chat - 10:13AM "so, pretty bad data on a top tier report, bond friendly yellen, yet we are back to lows and stocks are on fire..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.54%

+0.05

15 Yr FRM

3.53%

+0.02

FHA 30 Year Fixed

4.05%

+0.05

Jumbo 30 Year Fixed

4.30%

+0.03

5/1 Yr ARM

3.25%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.80%

1.10

+0.13

30 Yr. Fixed

4.67%

1.44

+0.13

MBA **

30 Yr. Fixed

4.56%

0.29

+0.06

15 Yr. Fixed

3.62%

0.24

+0.10

30 Yr. Jumbo

4.45%

0.27

+0.06

30 Yr. FHA

4.16%

0.23

+0.03

5/1 ARM

3.22%

0.32

+0.13

Freddie Mac **

30 Yr. Fixed

4.40%

0.60

+0.08

15 Yr. Fixed

3.42%

0.60

+0.10

1 Yr. ARM

2.44%

0.40

-0.05

5/1 Yr. ARM

3.10%

0.50

+0.08

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

96-19

+0-03

30YR FNMA 3.5

100-21

+0-02

30YR GNMA 3.0

98-12

+0-02

30YR GNMA 3.5

102-02

+0-01

15YR FNMA 3.0

102-24

+0-02

15YR FNMA 2.5

99-30

+0-00

Treasuries

Yield

Change

2 YR

0.4261%

-0.0274

5 YR

1.7184%

-0.0295

10 YR

2.7190%

-0.0036

30 YR

3.5616%

+0.0135

Prices as of: 3/31/2014 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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