Daily Newsletter: Thursday April 11, 2013

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30 Year Fixed

                                                                3.53%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.84%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.79%
                                                                  
                                                                -0.0156

FNMA 30YR 3.5

                                                                105-29
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                105-10
                                                                  
                                                                +0-02

View Today's Rates

Thursday April 11, 2013

MND NewsWire - 1:15PM

FHFA Extends HARP by 2 Years, Through 2015

The Home Affordable Refinance Program (HARP) has been extended for two years beyond its scheduled expiration on December 31. The Federal Housing Finance Agency (FHFA) announced the ...

Mortgage Rate Watch - 3:28PM

Mortgage Rates Fall After Three Days Spent Moving Higher

Mortgage rates finally moved lower today, after rising moderately during the first 3 days of the week. Today's changes are fairly small when viewed against the damage done since last ...

Pipeline Press - 10:01AM

Amazing Detroit Mortgage Stats; More on Lock Renegotiations; Videos for Bank officers and Directors; Who is Deephaven Mortgage?

Are you a bank officer or director who can watch YouTube at work? Well, who needs to bother reading those endless updates when the FDIC has something for you: "The Technical Assistance ...

MND NewsWire - 9:12AM

National Foreclosure Rates Drop but Many States Still see Increases

Legal filings related to foreclosure declined both in March and in the entire first quarter compared to previous periods RealtyTrac said today. The company's U.S. Foreclosure Report ...

Latest Video

Bank CEOs Have President's 'Ear' Today

Santelli's Midday Bond Report

Sam Zell Talks Real Estate

More News from 'Around the Web'

FHFA - 12:36PM
FHFA Extends HARP to 2015
HUD - 12:35PM
HUD: Mortgagee Letter 2013-10
CNBC - 3:32PM
Does the Fed Hate Pimco and Bank of America?
Bloomberg - 11:02AM
Lew Says Cutting Spending 'Too Deeply' May Hurt Fragile Recovery
Bloomberg - 11:01AM
Ginnie Mae Mulls Consequences Tied to Having Two Types of Bonds
CNBC - 10:57AM
Big Bank CEOs to Meet With Obama Thursday
www.npr.org - 10:56AM
Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?
freddiemac.mwnewsroom.com - 10:53AM
Freddie Mac: Mortgage Rates Edge Down for Second Week
www.census.gov - 10:53AM
Economic Characteristics of Households in the United States: Third Quarter 2011
CFPB - 10:03AM
CFPB: Small entity compliance guide for the Ability-to-Repay and Qualified Mortgage rule
The Huffington Post - 9:38AM
Ally Bank's Aggressive Campaign To Avoid Paying For Housing Crisis
Bloomberg - 9:37AM
ING US to Change Name to Voya Financial After IPO
www.mersinc.org - 9:31AM
MERS Prevails Again in the Eighth Circuit
The Big Picture - 7:58AM
States Fight Back Against MERS Mortgage Fraud
CNBC - 7:57AM
Foreclosure Activity Eases but First-Time Filings Up
Market Watch - 7:57AM
Year-over-year foreclosure filings fall 23%
CNBC - 7:51AM
Plosser Makes Case Against Money Printing
NAFCU - 7:50AM
CFPB posts small-entity guide on QM

Today's Comments

	MBS Live Chat - 1:08PM "mg, any reason why?..."
	MBS Live Chat - 1:13PM "OO, I'm sure inquiring minds would like to know--myself included. We can only guess at the underlying reasons, but certainly it was palpable after yesterday's lack of response. Personally, I think that US markets are setting the tone for the week and are/were tentatively planning on leveling off somewhere..."
	MBS Live Chat - 1:57PM "are their any WF retail LOs available for a Q?..."
	MBS Live Chat - 1:59PM "current pricing on WF retail jumbo = conforming. i wanted confirmation..."
	MBS Live Chat - 2:00PM "jumbo if it's with a PMB guy can be market leading..."
	MBS Live Chat - 2:01PM "it's their WF retail website showing it and consumer confirming..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.53%

-0.01

15 Yr FRM

2.84%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.64%

-0.03

5/1 Yr ARM

3.00%

-0.02

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

3.68%

0.43

-0.08

15 Yr. Fixed

2.92%

0.34

-0.07

30 Yr. Jumbo

3.79%

0.36

-0.06

30 Yr. FHA

3.43%

0.52

-0.05

5/1 ARM

2.58%

0.37

-0.02

Freddie Mac **

30 Yr. Fixed

3.43%

0.80

-0.11

15 Yr. Fixed

2.65%

0.70

-0.09

1 Yr. ARM

2.62%

0.30

-0.01

5/1 Yr. ARM

2.62%

0.50

-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

103-23

+0-07

30YR FNMA 3.5

105-29

+0-04

30YR GNMA 3.0

105-11

+0-07

30YR GNMA 3.5

108-08

+0-04

15YR FNMA 3.0

105-10

+0-02

15YR FNMA 2.5

103-32

+0-02

Treasuries

Yield

Change

2 YR

0.2340%

-0.0001

5 YR

0.7275%

-0.0097

10 YR

1.7913%

-0.0156

30 YR

2.9975%

-0.0079

Prices as of: 4/11/2013 4:14PM 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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