Daily Newsletter: Thursday March 14, 2013

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30 Year Fixed

                                                                3.69%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                2.98%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.04%
                                                                  
                                                                +0.0175

FNMA 30YR 3.5

                                                                105-02
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                104-31
                                                                  
                                                                +0-03

View Today's Rates

Thursday March 14, 2013

MND NewsWire - 11:19AM

Senators Introduce Bill To Prohibit G-Fee Hikes Being Used For Spending

A bi-partisan group of Senators has introduced legislation that would prohibit any increase in the guarantee fees levied by Freddie Mac and Fannie Mae (the GSEs) from being used to ...

MND NewsWire - 1:24PM

MBA Applauds Bill to Clarify QM Points and Fees

Representative Bill Huizenga, (R-MI) has introduced HR 1077, a bill To amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with ...

MND NewsWire - 1:53PM

FHFA OIG Looks at Freddie Mac's $1.2B Lehman Brothers Loss

The Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) has published an evaluation report detailing Freddie Mac's involvement in unsecured lending to Lehman Brothers ...

Pipeline Press - 5:23PM

Blackstone Buying $100M Single Family Homes per Week; LO Comp Plan Impact Default Rates? MBA Compliance Classes and QRM Update

Happy Pi Day (3.14) and speaking of pie (I know, a weak transition), if you think the U.S. government is knee-deep in the mortgage business check this out: the US Department of Agriculture ...

Latest Video

Lending Club CEO on Getting a Loan Without a Bank

Housing `Never Been More Affordable,' Burns Says

Santelli's Midday Bond Report

More News from 'Around the Web'

CNBC - 5:02PM
JPMorgan to Raise 2nd Quarter Dividend, Announces Buyback; BoA to Buyback $5 Billion in Common Stock, $5.5 Billion in Preferred Shares
CNBC - 5:02PM
Fed Flags 'Weakness' in JPMorgan, Goldman Sachs Capital Planning; Ally, BB&T Plans Rejected
CNBC - 5:02PM
Treasury's Lew to CNBC: No Reason to Worry About Market Bubble
Fannie Mae - 5:00PM
Fannie Mae Prices $904.3 Million Multifamily ...
Business Week - 2:01PM
Geithner has "behind-the-scenes" account of the financial crisis book deal
Bloomberg - 1:55PM
Securitization Group Takes First Public Action Since Defections
freddiemac.mwnewsroom.com - 10:04AM
Freddie Mac: Mortgage Rates up on Signs of Improving Economy
www.aei.org - 8:43AM
FHA Watch, March 2013 (Vol. 2, No. 2)
CNBC - 8:42AM
Foreclosure Hot Spots Continue to Plague Market
Business Week - 12:44AM
Home Repossessions Drop 29% to Lowest in US Since 2007
CNBC - 4:39PM
Housing Rebound an Assist for Sales: Home Depot CEO

Today's Comments

	MBS Live Chat - 3:51PM "REPRICE : 3:51 PM - Suntrust Better..."
	MBS Live Chat - 3:25PM "REPRICE : 3:25 PM - USBank Better..."
	MBS Live Chat - 3:21PM "REPRICE : 3:21 PM - Franklin American Better..."
	MBS Live Chat - 3:14PM "REPRICE : 3:14 PM - Chase Better..."
	MBS Live Chat - 3:03PM "REPRICE : 3:03 PM - Freedom Mortgage Better..."
	MBS Live Chat - 2:40PM "REPRICE : 2:40 PM - Caliber Funding Better..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.69%

+0.00

15 Yr FRM

2.98%

-0.01

FHA 30 Year Fixed

3.40%

+0.00

Jumbo 30 Year Fixed

3.80%

-0.01

5/1 Yr ARM

3.01%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.78%

0.76

+0.08

30 Yr. Fixed

3.53%

1.11

+0.06

MBA **

30 Yr. Fixed

3.70%

0.39

-0.07

15 Yr. Fixed

2.96%

0.36

-0.07

30 Yr. Jumbo

3.80%

0.37

-0.13

30 Yr. FHA

3.47%

0.33

-0.07

5/1 ARM

2.55%

0.37

-0.10

Freddie Mac **

30 Yr. Fixed

3.63%

0.80

+0.11

15 Yr. Fixed

2.79%

0.80

+0.03

1 Yr. ARM

2.64%

0.40

+0.01

5/1 Yr. ARM

2.61%

0.60

-0.02

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

102-13

-0-00

30YR FNMA 3.5

105-02

+0-01

30YR GNMA 3.0

103-28

-0-03

30YR GNMA 3.5

107-02

+0-01

15YR FNMA 3.0

104-31

+0-03

15YR FNMA 2.5

103-12

+0-02

Treasuries

Yield

Change

2 YR

0.2660%

+0.0040

5 YR

0.8791%

+0.0017

10 YR

2.0366%

+0.0175

30 YR

3.2430%

+0.0266

Prices as of: 3/14/2013 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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