Daily Newsletter: Monday January 7, 2013

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30 Year Fixed

                                                                3.51%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.85%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.90%
                                                                  
                                                                +0.0036

FNMA 30YR 3.5

                                                                106-06
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                105-15
                                                                  
                                                                -0-01

View Today's Rates

Monday January 7, 2013

MND NewsWire - 10:37AM

Confidence in Housing Market Grows, Despite Fiscal Cliff Turmoil

Fannie Mae's Chief Economist pointed to the turmoil over the fiscal cliff and debt ceiling for a sharp drop in consumer confidence in December. Fannie Mae's National Housing Survey ...

MND NewsWire - 12:13PM

List of Improving Housing Markets Reaches 242 in December

The list of improving housing markets posted by the National Association of Home Builders (NAHB) and First American Title took a huge jump in January, increasing from the 201 markets ...

Mortgage Rate Watch - 2:07PM

Mortgage Rates Recover Slightly From Last Week's Rout

Mortgage rates managed to catch their breath today after rising at the fastest pace since March on from Wednesday through Friday last week. Some lenders offered improved rate sheets ...

Pipeline Press - 10:25AM

QM Rules Released by CFPB this Week? Good News on Basel III; More Mortgage Jobs

Hey, I like commercial real estate just as much as the next guy, but it seems that the GAO (Government Accountability Office), in its "Causes and Consequences of Recent Bank Failures ...

Latest Video

Mortgage Mess Purge

BofA-Fannie Mae Deal a `Big Surprise,' Miller Says

Bank of America Announces Fannie Mae Settlement

More News from 'Around the Web'

CNBC - 10:59AM
Blame Fannie and Freddie for Mortgage Crisis: Former Wells CEO
WSJ - 3:07PM
Housing Back in IPO Pipeline
CNBC - 2:31PM
Why Divisions at the Fed Have Markets So Puzzled
CNBC - 2:30PM
Why New Basel Rules Won't Make Safer Banks
CNBC - 2:25PM
At CES 2013, the Connected Home of the Future
Bloomberg - 2:24PM
HSBC Is Sued by US Borrowers Over Mortgage Insurance
House Oversight - 11:57AM
Cummings Reacts to New Foreclosure Settlement
Bloomberg - 11:16AM
JPMorgan Asks Court to Dismiss N.Y. Mortgage Suit as Late
CNBC - 9:37AM
Will Citi's Massive Layoffs Be Enough?
CNBC - 11:13AM
Ten Major Banks Agree to Settle Foreclosure Complaints for $8.5 Billion
www.freddiemac.com - 9:13AM
Freddie Mac: Quick Takes on 2013
Bloomberg - 7:45AM
New Mortgage Rules Readied by CFPB as Banks Seek Time to Comply

Today's Comments

	MBS Live Chat - 3:17PM "REPRICE : 3:17 PM - Fifth Third Mortgage Better..."
	MBS Live Chat - 3:20PM "there can be quite a discrepancy amongst MI companies, CS, plus they credit u/w, so you could get worse pricing on fico, reserves, etc..."
	MBS Live Chat - 3:14PM "Doing some comparisons on conventional MI. What do you guys pay for your MI? Assuming 95% and 740 credit...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.51%

-0.02

15 Yr FRM

2.85%

-0.02

FHA 30 Year Fixed

3.25%

-0.01

Jumbo 30 Year Fixed

3.71%

-0.02

5/1 Yr ARM

2.96%

-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

104-08

+0-02

30YR FNMA 3.5

106-06

+0-01

30YR GNMA 3.0

105-17

+0-00

30YR GNMA 3.5

108-03

0-00

15YR FNMA 3.0

105-15

-0-01

15YR FNMA 2.5

104-10

0-00

Treasuries

Yield

Change

5 YR

0.8110%

+0.0033

10 YR

1.9027%

+0.0036

30 YR

3.1015%

+0.0068

Prices as of: 1/7/2013 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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