Daily Newsletter: Monday February 25, 2013

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30 Year Fixed

                                                                3.59%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                2.92%
                                                                  
                                                                -0.03

10YR Treasury

                                                                1.87%
                                                                  
                                                                -0.1034

FNMA 30YR 3.5

                                                                105-22
                                                                  
                                                                +0-13

FNMA 15YR 2.5

                                                                105-06
                                                                  
                                                                +0-06

View Today's Rates

Monday February 25, 2013

Mortgage Rate Watch - 4:26PM

Mortgage Rates Drop At Fastest Pace In Three Weeks After Italian Elections

Mortgage rates moved lower today by the widest margin in over three weeks. The faster-paced movement is courtesy of political tensions in Italy surrounding the country's elections over ...

MND NewsWire - 3:01PM

Bi-Partisan Commission Issues Suggestions for Housing Reforms

A bi-partisan group of former senators, Cabinet secretaries, and other housing and economic experts have released what is termed a new proposal for a housing finance system . The report ...

MND NewsWire - 11:46AM

Individual Loan Officer Applications Fall for the First Time Since 2011

NMLS has reported that 120,142 individuals are now licensed by the states as mortgage loan originators (MLOs) as are 16,688 companies. NMLS's Fourth Quarter report includes tallies ...

Pipeline Press - 9:34AM

The Fed's Impact on REITs; USDA Update - Keep our Fingers Crossed

A study by the Brookings Institution of the largest 100 metropolitan areas quantifies what Realtors have intuitively known forever: housing costs an average of 2.4x more near a high ...

Latest Video

Santelli's Midday Bond Report

Santelli's Rain Dance Around Fed Policy

U.S. Housing Recovery to Accelerate, Wetenhall Says

More News from 'Around the Web'

Bloomberg - 5:00PM
Radian to Sell Shares, Notes to Boost Mortgage-Unit Capital
Bloomberg - 4:17PM
Moody's Promises Caps on Mortgage-Bond Ratings as Terms Loosen
Market Watch - 4:16PM
Corker Q&A: Future of consumer bureau with Obama
CNBC - 3:53PM
Boston Fed Chief: Banks May Not Have Enough Capital in a Crisis
Reuters - 3:52PM
Blueprint calls for shifting housing finance to private sector
SIFMA - 12:53PM
SIFMA Statement on BPC Housing Commission Recommendations
Reuters - 12:48PM
Exclusive: Goldman to begin fresh round of job cuts - sources
Bloomberg - 12:48PM
First U.S. Bank Regulations May Look Strikingly Familiar - Bloomberg
Market Watch - 12:47PM
Will the snake-bite effect hurt housing?
www.mersinc.org - 11:52AM
Federal Court in Washington Sides with MERS
Business Week - 8:10AM
Lowe's Profit Tops Estimates on Housing Recovery
www.aei.org - 9:42PM
How could FHA have contributed to the housing bust?

Today's Comments

	MBS Live Chat - 3:10PM "REPRICE : 3:10 PM - Pinnacle Better..."
	MBS Live Chat - 1:58PM "REPRICE : 1:58 PM - Provident Funding Better..."
	MBS Live Chat - 1:58PM "REPRICE : 1:58 PM - Platinum Mortgage Better..."
	MBS Live Chat - 1:57PM "REPRICE : 1:57 PM - PHH Better..."
	MBS Live Chat - 1:28PM "REPRICE : 1:28 PM - Chase Better..."
	MBS Live Chat - 1:24PM "REPRICE : 1:24 PM - Interbank Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.59%

-0.04

15 Yr FRM

2.92%

-0.03

FHA 30 Year Fixed

3.32%

-0.03

Jumbo 30 Year Fixed

3.79%

-0.03

5/1 Yr ARM

2.99%

-0.04

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

103-18

+0-20

30YR FNMA 3.5

105-22

+0-13

30YR GNMA 3.0

104-25

+0-22

30YR GNMA 3.5

107-19

+0-16

15YR FNMA 3.0

105-06

+0-06

15YR FNMA 2.5

103-25

+0-10

Treasuries

Yield

Change

2 YR

0.2419%

-0.0121

5 YR

0.7617%

-0.0695

10 YR

1.8654%

-0.1034

30 YR

3.0602%

-0.1004

Prices as of: 2/25/2013 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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