Daily Newsletter: Monday January 14, 2013

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30 Year Fixed

                                                                3.43%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.78%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.85%
                                                                  
                                                                -0.0123

FNMA 30YR 3.5

                                                                106-06
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                105-13
                                                                  
                                                                +0-00

View Today's Rates

Monday January 14, 2013

Mortgage Rate Watch - 2:56PM

Mortgage Rates Return To 2013 Lows

Mortgage rates improved moderately to begin the week, bringing most lenders back to levels not seen since January 2nd or before. Following the Fiscal Cliff "mini-deal," FOMC Minutes ...

MND NewsWire - 2:21PM

Another City Looks at Eminent Domain as Solution to Foreclosures

Another city hard hit by the housing crisis has proposed exercising its power of eminent domain on behalf of its underwater homeowners. The City Council of Brockton, Massachusetts voted ...

Pipeline Press - 10:24AM

HARP Petition; HARP and HAMP's Impact on the Market; Has Fannie Been Pushing Lender Approvals?

Here's a story from Ohio that LO's in other states will find of interest: " Ohio Creates Temporary Loan Originator License." Last month, Ohio enacted a bill, S.B. 333 , to allow the ...

MND NewsWire - 4:36PM

December Housing Scorecard Points to Improving Home Equity and Prices

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration's Housing Scorecard ...

Latest Video

Santelli's Midday Bond Report

Timothy Geithner's Next Move

Santelli's Take on Moral High Ground

More News from 'Around the Web'

CNBC - 4:54PM
Bernanke: 'Not Out of the Woods' Despite Cliff Deal
Federal Reserve - 4:08PM
Federal Reserve Issues Two Consent Cease and Desist Orders Against JPMorgan Chase
The Basis Point - 2:29PM
Government won't dominate housing finance (as much) in 2013
S&P/Case Shiller - 2:26PM
S&P: 2013 Housing And Residential Mortgage Finance Outlook
SIFMA - 2:11PM
SIFMA Market Close Recommendations for the US Martin Luther King Day
CNBC - 2:10PM
Home Prices Set to Jump in 2013: CoreLogic
Business Week - 2:10PM
Fitch: Foreclosure settlement is a boon for banks
CNBC - 1:45PM
Obama: US Making Progress Toward Closing Deficit
Market Watch - 11:29AM
Home sales up 6% in 2012, first gain since 2005
www.aei.org - 11:21AM
Pinto: The true impact of new mortgage rules
www.aei.org - 11:21AM
CFPB's mortgage regulations grandfathers FHA's risky loan practices

Today's Comments

	MBS Live Chat - 2:34PM "https://petitions.whitehouse.gov/petition/make-formal-request-fhfa-eliminate-securitization-cut-date-harp-eligibility-and-allow-re-harping/BlPYbvZw?utm_source=wh.gov&utm_medium=shorturl&utm_campaign=shorturl..."
	MBS Live Chat - 12:56PM "http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2011/HUDNo.11-108..."
	MND NewsWire - 2:11PM "The HVCC expired November 2010. Lenders and Banks do not have to use AMCs. Added appraisal requirements are placed there by regulatory agencies. The appraisers are just required to follow them. Complain to the regulatory agencies...."
	MBS Commentary - 11:21AM "Matt, "The" best explanation for the candlestick graph I have seen, and, great commentary as usual. The pundits say the economy is back. All is good. Unemployment on the mend. We should feel great and spend money. There is no way a consumer spending based economy is dead! Every January and February since..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.43%

-0.02

15 Yr FRM

2.78%

-0.02

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.63%

-0.02

5/1 Yr ARM

2.99%

+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

3.61%

0.41

+0.09

15 Yr. Fixed

2.88%

0.39

+0.02

30 Yr. Jumbo

3.78%

0.38

+0.03

30 Yr. FHA

3.35%

0.69

+0.01

5/1 ARM

2.64%

0.37

-0.01

Freddie Mac **

30 Yr. Fixed

3.40%

0.70

+0.06

15 Yr. Fixed

2.66%

0.70

+0.02

1 Yr. ARM

2.60%

0.50

+0.03

5/1 Yr. ARM

2.67%

0.60

-0.04

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

104-12

+0-03

30YR FNMA 3.5

106-06

+0-03

30YR GNMA 3.0

105-19

+0-05

30YR GNMA 3.5

108-06

+0-04

15YR FNMA 3.0

105-13

+0-00

15YR FNMA 2.5

104-08

+0-01

Treasuries

Yield

Change

2 YR

0.2530%

+0.0041

5 YR

0.7661%

-0.0096

10 YR

1.8518%

-0.0123

30 YR

3.0396%

-0.0050

Prices as of: 1/14/2013 4:32PM 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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