Daily Newsletter: Monday April 21, 2014

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30 Year Fixed

                                                                4.46%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.51%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.72%
                                                                  
                                                                -0.0055

FNMA 30YR 3.5

                                                                100-24
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                102-23
                                                                  
                                                                +0-02

View Today's Rates

Monday April 21, 2014

Mortgage Rate Watch - 3:13PM

Mortgage Rates Edge up to 2-Week Highs

Mortgage rates were just slightly higher today, extending a more forceful move higher last Thursday. Whereas markets reacted to deescalating tension in Ukraine and stronger domestic ...

MND NewsWire - 9:36AM

Home Remodeling Growth Projections Extended

Home remodeling remains strong throughout the country although it has begun to experience some of the moderation that has been predicted since late last year. The Remodeling Futures ...

Pipeline Press - 9:32AM

Ocwen Freezes Servicing Deals; US Bank Earnings; Another Stated Income Program

The commentary on Saturday noted predictions for 2014, and how things were shaping up so far. Attorney Phil Stein observed, "Here is another issue to consider about how 2014 is shaping ...

MBS Commentary - 12:09PM

MBS MID-DAY: Holiday Weekend Unofficially Extending Today

If bond market activity is any indication, today might as well be another day of the extended holiday weekend. In fact, this is officially the case in Europe, which is part of the reason ...

Latest Video

Yellen won't rush to raise rates: Pro

Cashin: Expect sleepy session

US economy on slow grind back: Expert

More News from 'Around the Web'

WSJ - 3:20PM
Is the Government Charging Too Much For Mortgages?
Washington Post - 3:17PM
Why a government agency won't lower mortgage fees for borrowers
CNN - 1:44PM
700-page book by French economist is Amazon's top seller
S&P/Case Shiller - 3:20PM
Housing Looking for Good Old Days
Reuters - 1:44PM
Loan fund investors pull cash with Fed rate hikes on hold
Washington Post - 1:44PM
How the Small Business Administration just made it a little easier to secure a loan
Reuters - 1:44PM
Jobless rate still good gauge of slack: Fed study
Fannie Mae - 11:51AM
News Release - Fannie Mae Multifamily Provides Consistent ...
Bloomberg - 11:51AM
SunTrust Climbs After Beating Analysts' Estimates - Bloomberg
NAHB - 11:51AM
Top 10 Tips from NAHB Remodelers to Prepare Your Home for Spring after Severe Winter
NY Fed - 10:34AM
New York Fed Poll Looks at Superstorm Sandy's Impact on Small Businesses
Market Watch - 10:34AM
Treasurys gain as Ukraine violence escalates
CNBC - 10:34AM
Leading indicators rise 0.8%, inch above estimates
NAFCU - 8:43AM
Mortgage closing topic of CFPB forum Wednesday
CNBC - 7:57AM
How to resolve shadow banking: Minsheng Bank executive
CNBC - 7:56AM
US markets return from Easter for busy results week

Today's Comments

	MND NewsWire - 5:25PM "Very tight market here in Portland, lots of buyers and not enough sellers...."
	MBS Live Chat - 12:48PM "anyone familiar with the freddie 1st look initiative?..."
	MBS Live Chat - 12:50PM "http://mndne.ws/1i8Pwnj..."
	MBS Live Chat - 12:51PM "Jeff - first 20 days of a Freddie owned listing is limited to owner occupants only...."
	MBS Live Chat - 12:55PM "thanks, and what is Freddie's equivalent program to HomePath Renovation? the property in question is As-is and needs work. If no other option, we can give 203k a shot...."
	MBS Live Chat - 1:03PM "If anyone has closed a Homepath Renovation loan (or Freddie's equivalent) you have nothing but utter respect and admiration from me...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.46%

+0.02

15 Yr FRM

3.51%

+0.02

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.22%

+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

3.80%

1.10

+0.13

30 Yr. Fixed

4.67%

1.44

+0.13

MBA **

30 Yr. Fixed

4.47%

0.32

-0.09

15 Yr. Fixed

3.54%

0.24

-0.08

30 Yr. Jumbo

4.39%

0.18

-0.10

30 Yr. FHA

4.14%

0.06

-0.05

5/1 ARM

3.15%

0.41

-0.11

Freddie Mac **

30 Yr. Fixed

4.27%

0.70

-0.07

15 Yr. Fixed

3.33%

0.60

-0.05

1 Yr. ARM

2.44%

0.50

+0.03

5/1 Yr. ARM

3.03%

0.50

-0.06

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

96-22

+0-03

30YR FNMA 3.5

100-24

+0-02

30YR GNMA 3.0

98-16

-0-08

30YR GNMA 3.5

102-00

-0-05

15YR FNMA 3.0

102-23

+0-02

15YR FNMA 2.5

100-00

+0-00

Treasuries

Yield

Change

2 YR

0.3952%

-0.0041

5 YR

1.7210%

-0.0099

10 YR

2.7151%

-0.0055

30 YR

3.5210%

+0.0042

Prices as of: 4/21/2014 3:55PM 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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