Daily Newsletter: Friday October 26, 2012

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30 Year Fixed

                                                                3.47%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                2.83%
                                                                  
                                                                -0.04

10YR Treasury

                                                                1.75%
                                                                  
                                                                -0.0738

FNMA 30YR 3.5

                                                                106-11
                                                                  
                                                                +0-09

FNMA 15YR 2.5

                                                                105-12
                                                                  
                                                                +0-03

View Today's Rates

Friday October 26, 2012

MND NewsWire - 2:39PM

FHFA's: GSE's Need for Treasury Draws Dwindling

Three different scenarios for predicting the level of additional financial support the two government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae may require from the U ...

Mortgage Rate Watch - 1:42PM

Mortgage Rates Recover Most Of Yesterday's Losses

Mortgage rates fell back in line with Wednesday's levels in most cases today, though lenders' offerings varied more than usual. Markets continue to surprise, but this time positively ...

Community Commentary - 12:12PM

Escape From Pottersville: A New Beginning in the Mortgage Industry

Contributing to MND the past 4 years, I have been content to represent my image as a bewildered George Bayley, wondering what happened to his beloved Bedford Falls when he stumbles ...

MND NewsWire - 11:44AM

LPS: Home Prices Up Slightly in August, Detroit Leads the Way

Home prices rose 0.2 percent in August compared to July on the Home Price Index (HPI) produced by Lender Processing Services (LPS). The LPS HPI is a repeat sales analysis of home prices ...

Latest Video

Let Housing Lead the Recovery: RE/MAX Chairman

Santelli's Morning Bond Update

The Trillion Dollar Technician Prediction

More News from 'Around the Web'

Bloomberg - 12:42PM
Fed Delays Program To Simplify Reserve Requirements
FHFA - 11:39AM
FHFA Updates Projections of Potential Draws for Fannie Mae and Freddie Mac
The Atlantic - 11:17AM
Why Are Obama and Romney Greeting the Housing Recovery With Silence?
Business Week - 11:16AM
Ally May Divest Mortgage Servicing, Business Lending Units
NAFCU - 9:12AM
FHFA's DeMarco may be out if Obama reelected
WSJ - 9:08AM
Study: New Mortgage Rules Could Shrink Lending by 20%
Business Week - 9:01AM
Fed's Lacker Says New Bond Buying Won't Work and Risks Inflation
Reuters - 12:19AM
BofA employees could face charges in U.S. fraud case: prosecutor

Today's Comments

	Community Commentary - 2:19PM "It's all about DESIGNING the game...."
	Community Commentary - 12:39PM "Frank; you mirrored my thoughts and sentiments exactly, wonderful article, thank you! Our message does need to be united between all participants in our industry. This can only be achieved by stopping the blame game, meeting on common ground and having the borrowers best interest at heart. Transparency..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.47%

-0.04

15 Yr FRM

2.83%

-0.04

FHA 30 Year Fixed

3.25%

-0.01

Jumbo 30 Year Fixed

3.87%

-0.05

5/1 Yr ARM

2.99%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.97%

1.12

-0.14

30 Yr. Fixed

3.74%

1.20

-0.10

MBA **

30 Yr. Fixed

3.63%

0.45

+0.06

15 Yr. Fixed

2.96%

0.36

+0.09

30 Yr. Jumbo

3.85%

0.42

+0.04

30 Yr. FHA

3.41%

0.61

+0.07

5/1 ARM

2.72%

0.33

+0.13

Freddie Mac **

30 Yr. Fixed

3.41%

0.70

+0.04

15 Yr. Fixed

2.72%

0.60

+0.06

1 Yr. ARM

2.59%

0.40

-0.01

5/1 Yr. ARM

2.75%

0.60

+0.00

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

104-22

+0-14

30YR FNMA 3.5

106-11

+0-09

30YR GNMA 3.0

106-04

+0-15

30YR GNMA 3.5

108-20

+0-10

15YR FNMA 3.0

105-12

+0-03

15YR FNMA 2.5

104-15

+0-07

Treasuries

Yield

Change

2 YR

0.2970%

-0.0157

5 YR

0.7612%

-0.0623

10 YR

1.7521%

-0.0738

30 YR

2.9203%

-0.0568

Prices as of: 10/26/2012 2:50PM 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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