Daily Newsletter: Thursday November 1, 2012

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30 Year Fixed

                                                                3.44%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.80%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.73%
                                                                  
                                                                +0.0332

FNMA 30YR 3.5

                                                                106-11
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                105-10
                                                                  
                                                                -0-04

View Today's Rates

Thursday November 1, 2012

MND NewsWire - 3:55PM

Is a Sellers' Market Emerging in California?

A sellers' market appears to be emerging in some areas in California. The California Association of Realtors® (C.A.R.) said Thursday that favorable home prices and record-low interest ...

MND NewsWire - 2:15PM

Slow Return of Foreclosed Borrowers Hindering Housing Recovery

When America spun into the recession the default rate on mortgages also spiraled up from traditional norms of 0 to 2 percent to as high as 10 percent of all mortgages and in some markets ...

MND NewsWire - 1:42PM

FHFA, CFPB to Cooperate on National Mortgage Database

Two federal agencies announced on Thursday that they are working together to create the first comprehensive repository of detailed mortgage loan information . Once in place, the Federal ...

Mortgage Rate Watch - 3:07PM

Mortgage Rates Hold Mostly Steady Ahead Of Employment Report

Mortgage rates were significantly more unified in their movement on Thursday. Actually, "lack of movement " would be a better characterization as most lenders are so close to yesterday ...

Pipeline Press - 9:17AM

Realistic Thoughts on Low Producing LO's; BOK and Impac Earnings; Disasters Don't Boost Economic Well-being

Hey, it's November 1st! Just think: any 60 day rate lock (pretty common place these days) expires in 2013! All those LO's with hefty incomes in 2012, thanks in large part to the U.S ...

MND NewsWire - 8:39AM

Senior Loan Officers Respond to FHA, HARP Questions in Fed Survey

The Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices asked lending officers from 64 institutions for information on changes in lending standards and demands ...

Latest Video

Shiller: Housing Recovery Could Take a While

Bill Gross' Investment Outlook

Santelli: 'Firmly' Weak Trajectory

More News from 'Around the Web'

Mortgage Crisis Watch - 3:10PM
Loan Originators Be Warned: Not All Errors Justify Buyback Demands
Business Week - 3:09PM
Lockhart Says Fed Shouldn't Tie Policy to Unemployment Rate
Bloomberg - 3:09PM
Wells Fargo Says False Claims Suit Breaks Deal With U.S.
Bloomberg - 3:08PM
MGIC Rallies as Freddie Mac Insurance Clash Eases
Business Week - 3:06PM
Radian posts 1st profit in a year, stock jumps
FHFA - 12:58PM
FHFA and CFPB Partner on Development of National Mortgage Database
Freddie Mac - 10:09AM
Freddie Mac: Mortgage Rates Continue To Hover Near Record Lows
NMLS - 10:09AM
NMLS: Annual Renewal Period Begins
CNBC - 7:20AM
Are High-Paid Bankers a Thing of the Past?
CNBC - 7:20AM
Warren Buffett Bets on Housing Recovery
CNN - 4:53PM
FEMA may not have enough for flood damages

Today's Comments

	Pipeline Press - 12:44PM "People who can't laugh at a joke probably are taking themselves too seriously! Thanks for adding a smile to your articles!..."
	MBS Live Chat - 12:56PM "Is there any way to look up a FEMA declared disaster area by zip code?..."
	MBS Live Chat - 12:59PM "Mike, I'd just reference it by map for a quick lookup. The disaster areas aren't declared by zip, so FEMA doesn't distinguish...."
	MBS Live Chat - 1:00PM "No problem. CT, for example: http://gis.fema.gov/maps/dec_4087.pdf..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.44%

+0.01

15 Yr FRM

2.80%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.84%

+0.01

5/1 Yr ARM

3.00%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.03%

0.86

+0.06

30 Yr. Fixed

3.76%

1.10

+0.02

MBA **

30 Yr. Fixed

3.65%

0.39

+0.02

15 Yr. Fixed

2.95%

0.35

-0.01

30 Yr. Jumbo

3.94%

0.36

+0.09

30 Yr. FHA

3.41%

0.76

+0.00

5/1 ARM

2.66%

0.33

-0.06

Freddie Mac **

30 Yr. Fixed

3.39%

0.70

-0.02

15 Yr. Fixed

2.70%

0.70

-0.02

1 Yr. ARM

2.58%

0.40

-0.01

5/1 Yr. ARM

2.74%

0.60

-0.01

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

104-20

-0-09

30YR FNMA 3.5

106-11

-0-05

30YR GNMA 3.0

106-02

-0-09

30YR GNMA 3.5

108-21

-0-05

15YR FNMA 3.0

105-10

-0-04

15YR FNMA 2.5

104-14

-0-05

Treasuries

Yield

Change

2 YR

0.2854%

+0.0001

5 YR

0.7388%

+0.0175

10 YR

1.7277%

+0.0332

30 YR

2.9042%

+0.0431

Prices as of: 11/1/2012 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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