Daily Newsletter: Wednesday February 6, 2013

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30 Year Fixed

                                                                3.57%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                2.90%
                                                                  
                                                                -0.03

10YR Treasury

                                                                1.96%
                                                                  
                                                                -0.0521

FNMA 30YR 3.5

                                                                105-22
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                105-09
                                                                  
                                                                +0-05

View Today's Rates

Wednesday February 6, 2013

Mortgage Rate Watch - 3:32PM

Mortgage Rates Recover Yesterday's Losses, Back In Line With Monday

Mortgage rates did a complete 180, for the second straight session. This reverses yesterday's rise in borrowing costs, taking them back in line with Monday's more palatable offerings ...

MND NewsWire - 12:00PM

Improving Markets List Expands to Include at Least One Major City in Every State

All fifty states and the District of Columbia are now represented on the Improving Markets Index (IMI) that was released today by National Association of Home Builders (NAHB) and First ...

MND NewsWire - 8:17AM

Mortgage Applications Rise 3.4%, Rates Move Higher

After decreasing during the holiday shortened week ended January 25 the pace of mortgage applications returned last week to the upward track it had been on since the first of the year ...

MBS Commentary - 4:22PM

MBS RECAP: Window Waxing Continues, Europe In Play

MBS Live : MBS Afternoon Market Summary Wax-on: solid gains throughout the day on Monday. Wax-off: gains mostly erased in Europe overnight on Tuesday. Wednesday, then, is "wax-on, risk ...

Latest Video

Sheila Bair on Libor Scheme & DOJ Post S&P

Gross: 'Don't Own Long Bonds'

Santelli's Afternoon Bond Update

More News from 'Around the Web'

Reuters - 5:05PM
Lawmakers draw battle lines on FHA housing finance agency
CNBC - 4:20PM
Housing Recovery Boosts Leasing: Prologis CEO
WSJ - 2:00PM
Return of 100% Financing
Washington Post - 11:48AM
Tim Geithner to write book about fighting financial crisis
CNBC - 9:20AM
RBS Hit by $612 Million Fine on Libor Scandal
CNN - 9:20AM
Home Depot to hire 80,000 for spring
NAHB - 10:40AM
List of Improving Housing Markets Expands to 259 in February; All 50 States Represented
Bloomberg - 9:19AM
Federal Reserve Says Operations Unaffected by Website Breach
dealbook.nytimes.com - 12:57AM
E-Mails Show Alarm at S.&P. as Mortgage Crisis Exploded
Business Week - 12:56AM
Flagstar Must Pay $90.1 Million to Bond Insurer, Judge Rules

Today's Comments

	MND NewsWire - 1:17PM "I just wanted to Thank MG, and all of the regular contributor to MND for sharing your insights and knowledge. I'm a consumer who has been following this site for almost two years. Based on what I've learned here, I have able to refi our underwater VA Jumbo twice in that period at almost no cost, ultimately..."
	MND NewsWire - 6:35PM "Like Dracula, the CFPB needs a stake through its heart...."
	MND NewsWire - 4:47PM "Makes perfect sense, which means it probably won't get very far through congress. What does monetary policy have to do with unemployment anyway, other than serve as a political scapegoat for members of congress not to make tough decisions that might jeopardize their chances of reelection...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

-0.04

15 Yr FRM

2.90%

-0.03

FHA 30 Year Fixed

3.30%

-0.03

Jumbo 30 Year Fixed

3.76%

-0.04

5/1 Yr ARM

3.01%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.70%

1.16

-0.11

30 Yr. Fixed

3.47%

1.29

-0.07

MBA **

30 Yr. Fixed

3.73%

0.43

+0.06

15 Yr. Fixed

3.00%

0.33

+0.05

30 Yr. Jumbo

3.96%

0.38

+0.01

30 Yr. FHA

3.53%

0.38

+0.05

5/1 ARM

2.72%

0.30

+0.12

Freddie Mac **

30 Yr. Fixed

3.53%

0.70

+0.11

15 Yr. Fixed

2.81%

0.70

+0.10

1 Yr. ARM

2.59%

0.50

+0.02

5/1 Yr. ARM

2.70%

0.60

+0.03

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

103-15

+0-06

30YR FNMA 3.5

105-22

+0-04

30YR GNMA 3.0

104-18

+0-06

30YR GNMA 3.5

107-22

+0-02

15YR FNMA 3.0

105-09

+0-05

15YR FNMA 2.5

103-26

+0-05

Treasuries

Yield

Change

2 YR

0.2539%

-0.0119

5 YR

0.8365%

-0.0385

10 YR

1.9639%

-0.0521

30 YR

3.1703%

-0.0502

Prices as of: 2/6/2013 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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