Daily Newsletter: Monday January 28, 2013

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30 Year Fixed

                                                                3.61%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                2.93%
                                                                  
                                                                +0.05

10YR Treasury

                                                                1.97%
                                                                  
                                                                +0.0252

FNMA 30YR 3.5

                                                                105-16
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                104-30
                                                                  
                                                                -0-02

View Today's Rates

Monday January 28, 2013

MND NewsWire - 10:49AM

Tight Supply Blamed for Weaker Pending Home Sales

Even though contract signings declined in December it was the 20 th straight month where pending home sales increased on an annual basis. The National Association of Realtors® ...

Pipeline Press - 11:50AM

Social Media Guidance from Federal Regulators; DAP Changes; Regional Events and Mortgage Jobs

"I have a switch in my apartment that doesn't do anything. Every once in a while I turn it on and off. One day I got a call from a guy in France who said, "Cut it out!" Knowing what ...

Mortgage Rate Watch - 2:26PM

Mortgage Rates Continue Pushing Multi-Month Highs

Mortgage rates moved sharply higher again on Monday, in a continuation of Friday's aggressive weakness ( Get Caught Up With Friday's Big Moves ). Rates were already well into multi ...

MND NewsWire - 3:02PM

SEC Charges Former Jefferies Director with MBS-Related Fraud

The managing director of the mortgage-backed securities (MBS) desk at Jefferies and Co. has been charged with fraud for allegedly lying about the origin and history of MBS he was selling ...

Latest Video

Confidence In Housing Market?

Pending Home Sales Down in 4.3% in December

Feds Boost Exec Pay Packages

More News from 'Around the Web'

Market Watch - 2:55PM
Treasury OK'd excessive' TARP CEO pay: watchdog
Market Watch - 2:42PM
Fed to release big bank stress tests March 7
Bloomberg - 1:59PM
Wells Fargo Adapts Mortgage Pay to Reward Speed and File Quality
SEC - 1:57PM
SEC Charges Former Jefferies Executive with Defrauding Investors in Mortgage-Backed Securities
Bloomberg - 12:13PM
OCC Chief Says Reviving Mortgage Securitization Is Recovery Key
Google News - 10:15AM
Pending Home Sales Down in December but Remain on Uptrend
Bloomberg - 8:11AM
Fannie Adds Bailout For Underwaters Walkaways
Washington Post - 10:53PM
Why rising house prices could be great for American consumers
The Huffington Post - 10:51PM
President Obama's Unfinished Business on Housing

Today's Comments

	MBS Live Chat - 3:28PM "plaza repriced about .25 better..."
	MBS Live Chat - 3:14PM "REPRICE : 3:14 PM - Interbank Better..."
	MBS Live Chat - 2:44PM "REPRICE : 2:44 PM - Caliber Funding Better..."
	MBS Live Chat - 1:58PM "Bloomberg - http://www.bloomberg.com/news/2013-01-28/u-s-stock-futures-little-changed-before-durable-goods.html The S&P 500 has rallied 5.3 percent this month, poised for the best start of a year since 1987. Pension funds may need to sell stocks and buy fixed income to rebalance their asset allocations..."
	MBS Commentary - 12:04AM "It's funny--4 years ago before I really understood "GUTFLOP" and thought I was a fledgling bond analyst (before MBS was an acronym I even knew) a day like today would have had me cursing and depressed and angrily looking for the black cloud to kill the silver lining of better than expected global or..."
	MND NewsWire - 4:22PM "The industry needs to take the momentum from this court decision and ignore all rulings from the CFPB. Time to push back on unconstitutional violations of our liberties and freedoms...."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.61%

+0.06

15 Yr FRM

2.93%

+0.05

FHA 30 Year Fixed

3.33%

+0.05

Jumbo 30 Year Fixed

3.80%

+0.04

5/1 Yr ARM

3.04%

+0.00

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

3.62%

0.43

+0.01

15 Yr. Fixed

2.87%

0.39

-0.01

30 Yr. Jumbo

3.85%

0.34

-0.03

30 Yr. FHA

3.40%

0.53

+0.01

5/1 ARM

2.61%

0.32

-0.05

Freddie Mac **

30 Yr. Fixed

3.42%

0.70

+0.04

15 Yr. Fixed

2.71%

0.70

+0.05

1 Yr. ARM

2.57%

0.50

+0.00

5/1 Yr. ARM

2.67%

0.50

+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

103-13

-0-02

30YR FNMA 3.5

105-16

-0-02

30YR GNMA 3.0

104-12

-0-03

30YR GNMA 3.5

107-15

-0-02

15YR FNMA 3.0

104-30

-0-02

15YR FNMA 2.5

103-19

-0-03

Treasuries

Yield

Change

2 YR

0.2802%

+0.0043

5 YR

0.8703%

+0.0229

10 YR

1.9703%

+0.0252

30 YR

3.1495%

+0.0213

Prices as of: 1/28/2013 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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