Daily Newsletter: Friday January 4, 2013

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30 Year Fixed

                                                                3.53%
                                                                  
                                                                +0.04

15 Year Fixed

                                                                2.87%
                                                                  
                                                                +0.03

10YR Treasury

                                                                1.90%
                                                                  
                                                                -0.0121

FNMA 30YR 3.5

                                                                106-05
                                                                  
                                                                +0-00

FNMA 15YR 2.5

                                                                105-16
                                                                  
                                                                +0-03

View Today's Rates

Friday January 4, 2013

Mortgage Rate Watch - 5:07PM

Mortgage Rates Stabilize After Opening At Highest Levels Since September

Mortgage rates continued higher today , reaching their worst levels since before the Fed announced the specific buying program of Mortgage-Backed-Securities (MBS) referred to as QE3 ...

MND NewsWire - 9:57AM

New HUD Research Tool Offers a Wealth of Housing Data

Writers, researchers, and those interested in housing market data have a great new tool to work (or play) with, courtesy of the U.S. Census Bureau and the Department of Housing and ...

Pipeline Press - 10:28AM

Where Would Rates go without the Fed?; CFPB's Reach is Far; MBA Addresses Volker Rule and Margins

Here's something to ruminate on: how a traditional bank makes money . Sure they earn some fee income, but banks "sell" money in the form of loans, certificates of deposit (CDs) and ...

MND NewsWire - 5:41PM

Realtors Report Multiple Offers, Quick Sales but Continuing Appraisal and Credit Issues

The National Association of Realtors ® (NAR) conducts a monthly survey of its members and uses their responses to construct a REALTORS Confidence Index (RCI) . Similar in some respects ...

Latest Video

El-Erian: Look for Bottom-Up Housing Opportunities

PNC Targeted By Cyber Terrorists?

Santelli's Midday Bond Report

More News from 'Around the Web'

Market Watch - 3:44PM
Fed's Yellen doubts one-size-fits-all bank rules
Bloomberg - 3:42PM
Fed's Plosser Says U.S. Growth May Be Permanently Reduced
CNBC - 3:40PM
Fed's Bullard Tells CNBC: Ending Quantitative Easing Will Depend on Economy, Not Calendar
Bloomberg - 11:37AM
Reverse-Mortgage Lawsuit Against HUD Revived by Appeals Court
CNBC - 11:30AM
Fed Bond Buying Will Run for a 'Long Time': Goldman's Hatzius
CNN - 8:03AM
Hedge funds win big with subprime mortgages
Google News - 7:58AM
Why the Housing Market Can't Move On Without More First-Time Homebuyers
Business Week - 9:28PM
Moody's, S&P, Fitch Must Face Fraud Claims in Subprime Suit
CNBC - 9:26PM
'Country Is Going to Hell': Ex-Wells Fargo CEO
Reuters - 9:25PM
Analysis: Geithner's planned departure puts Obama in tough spot
Reuters - 9:23PM
Flood program to run dry without congressional action: FEMA

Today's Comments

	MND NewsWire - 5:53PM "Just as a tax is never temporary, and any spending appropriation is never reduced, a bureaucracy just grows and grows over time just as the "cfpb" will do. Like Dracula, the ONLY way to address these issues is with a stake through their heart...."
	MND NewsWire - 6:27PM "Are you seriously suggesting that we put Congress back to supervizing ANYTHING additional until they learn to handle the responsibilitis they have now? Besides if banks were behaving like banks instead of poorly managed greedy gangsters, there would be no need for the CFPB. As long as we have earmarks..."
	MBS Live Chat - 3:57PM "REPRICE : 3:57 PM - Provident Funding Better..."
	MBS Live Chat - 3:58PM "#2, .25 on all fixed, cumulative for the day..."
	MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Everett Financial Better..."
	MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Stearns Lending Better..."
	MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Suntrust Better..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.53%

+0.04

15 Yr FRM

2.87%

+0.03

FHA 30 Year Fixed

3.26%

+0.01

Jumbo 30 Year Fixed

3.73%

+0.04

5/1 Yr ARM

2.97%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.81%

1.00

-0.10

30 Yr. Fixed

3.54%

1.24

-0.08

MBA **

30 Yr. Fixed

3.50%

0.44

+0.03

15 Yr. Fixed

2.83%

0.26

-0.02

30 Yr. Jumbo

3.73%

0.29

-0.04

30 Yr. FHA

3.34%

0.54

+0.02

5/1 ARM

2.61%

0.36

-0.02

Freddie Mac **

30 Yr. Fixed

3.34%

0.70

-0.01

15 Yr. Fixed

2.64%

0.60

-0.01

1 Yr. ARM

2.57%

0.40

+0.01

5/1 Yr. ARM

2.71%

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

104-06

+0-04

30YR FNMA 3.5

106-05

+0-00

30YR GNMA 3.0

105-17

+0-02

30YR GNMA 3.5

108-03

0-00

15YR FNMA 3.0

105-16

+0-03

15YR FNMA 2.5

104-10

+0-03

Treasuries

Yield

Change

2 YR

0.2675%

-0.0033

5 YR

0.8077%

-0.0144

10 YR

1.8991%

-0.0121

30 YR

3.0947%

-0.0295

Prices as of: 1/4/2013 4:30PM 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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