Daily Newsletter: Thursday February 21, 2013

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30 Year Fixed

                                                                3.62%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.94%
                                                                  
                                                                -0.02

10YR Treasury

                                                                1.98%
                                                                  
                                                                -0.0347

FNMA 30YR 3.5

                                                                105-09
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                104-31
                                                                  
                                                                0-00

View Today's Rates

Thursday February 21, 2013

MND NewsWire - 2:16PM

Sellers' Market Developing According to NAR

The National Association of Realtors® (NAR) said today that a sellers' market is developing in real estate as home sales edge up and home prices continue to rise steadily compared ...

MND NewsWire - 11:09AM

Housing Fundamentals Suggest Solid 2013 Recovery

Fannie Mae's economists said on Thursday that, despite the feeble note on which 2012 ended, the economy has the building blocks, including housing, for strong growth . Housing is now ...

MND NewsWire - 4:11PM

Record Drop in Foreclosure Starts, but 90 Day Delinquencies Increase -MBA

Mortgage delinquency rates fell in the fourth quarter of 2012 to their lowest rates since 2008. According to data from the National Delinquency Survey (NDS) released by the Mortgage ...

MND NewsWire - 4:31PM

Mortgage Settlement Aids 550K Homeowners, Totaling $45 Billion

The five mortgage servicers involved in last year's $25 billion settlement over servicer errors and abuses have now distributed an average of $82,000 in relief to each of 550,000 homeowners ...

MND NewsWire - 10:22AM

NAHB Calls for Broad Reform of Appraisal System

Calling the current residential appraisal system " impaired ," the National Association of Homebuilders ( NAHB ) has issued a white paper recommending improvements to "produce more ...

Latest Video

Markets React to Fed & Economic Data

Existing Home Sales Up 0.4% in January

Santelli Contemplates FOMC Minutes

More News from 'Around the Web'

CNBC - 4:12PM
The Mysterious Minutes of the Federal Reserve
Bloomberg - 3:20PM
Dealer Survey Sees Fed Asset Purchases Reduced by January 2014
Bloomberg - 3:20PM
Banks Increasing Mortgage Forgiveness as Deadline Looms
CNBC - 2:22PM
Who's Afraid of QE Ending? Not the Bond Market
Reuters - 12:20PM
Fed's Fisher wants to taper off QE this year if economy improves
Google News - 11:22AM
January Existing-Home Sales Hold with Steady Price Gains, Seller's Market Developing
NAHB - 11:21AM
Nationwide Housing Affordability Increases at Year-End 2012
Business Week - 11:11AM
5 big US banks have cut mortgage debt by $19B
freddiemac.mwnewsroom.com - 10:14AM
Freddie Mac: Average 30-Year Fixed-Rate Mortgage Up a Smidgen
The Huffington Post - 9:45AM
Justice Department's Latest Ploy of 'Getting Tough' on Wall Street 'Beyond Laughable'
www.cfpbmonitor.com - 8:49AM
Director Cordray targets payday and student lenders in remarks to Consumer Advisory Board
www.aei.org - 8:49AM
Pinto: Rebuilding the housing sector
www.usnews.com - 12:09AM
Florida's 'Fair Foreclosure Act' Is Anything But Fair

Today's Comments

	MND NewsWire - 3:55PM "How about an system of accountability for appraisers? I have had appraisal come in $70K apart within 30 days, and an appraisor who had made over 2 1/2 pages of errors and refuse to correct them? A system of checks and balances needs to be put in place for some of these guy's who work markets they aren..."
	MBS Live Chat - 3:52PM "REPRICE : 3:52 PM - Flagstar Worse..."
	MBS Live Chat - 3:49PM "REPRICE : 3:49 PM - Sierra Pacific Worse..."
	MBS Live Chat - 2:03PM "I'm floating new stuff. NFP is the next chance I see for any good economic news...."
	MBS Live Chat - 1:29PM "Just happy to see 103 for more than 60 seconds...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.62%

-0.02

15 Yr FRM

2.94%

-0.02

FHA 30 Year Fixed

3.34%

-0.02

Jumbo 30 Year Fixed

3.81%

-0.02

5/1 Yr ARM

3.02%

-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

3.75%

0.43

+0.02

15 Yr. Fixed

3.01%

0.28

+0.01

30 Yr. Jumbo

3.98%

0.36

+0.02

30 Yr. FHA

3.53%

0.39

+0.00

5/1 ARM

2.66%

0.31

-0.06

Freddie Mac **

30 Yr. Fixed

3.56%

0.80

+0.03

15 Yr. Fixed

2.77%

0.80

+0.00

1 Yr. ARM

2.65%

0.40

+0.04

5/1 Yr. ARM

2.64%

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

102-29

+0-03

30YR FNMA 3.5

105-09

+0-02

30YR GNMA 3.0

103-30

0-00

30YR GNMA 3.5

107-00

-0-03

15YR FNMA 3.0

104-31

0-00

15YR FNMA 2.5

103-16

+0-01

Treasuries

Yield

Change

2 YR

0.2540%

-0.0081

5 YR

0.8378%

-0.0242

10 YR

1.9757%

-0.0347

30 YR

3.1639%

-0.0352

Prices as of: 2/21/2013 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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