Daily Newsletter: Monday April 15, 2013

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30 Year Fixed

                                                                3.48%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                2.80%
                                                                  
                                                                -0.01

10YR Treasury

                                                                1.69%
                                                                  
                                                                -0.0325

FNMA 30YR 3.5

                                                                106-10
                                                                  
                                                                +0-02

FNMA 15YR 2.5

                                                                105-16
                                                                  
                                                                +0-03

View Today's Rates

Monday April 15, 2013

MND NewsWire - 3:58PM

Tight Inventories Spark California Home Price Boom

A sudden surge in single family home prices in California coupled with flat sales are both attributed by the California Association of Realtors® (C.A.R.) to a scarcity of available ...

Mortgage Rate Watch - 2:08PM

Mortgage Rates Improve Slightly, Near 2013 Lows

Mortgage rates moved lower for the 3rd straight day, moderately extending the solid improvements seen late last week, and bringing rates very close to 2013 lows. Depending on the rate ...

MND NewsWire - 11:22AM

Builders See Business Getting Better - Just not Right Now

Despite a revival of demand for new homes, builders are facing constraints that are eroding their confidence in the market for new single family homes. The National Association of Home ...

Pipeline Press - 4:59PM

What Wells and Chase Results Indicate to Mortgage Bankers; Fined for Renegotiating a Rate Lock?

"Daddy, how many people live in the world?" "I don't know - go ask your Mother. Why do you ask me questions like that, for Chrissakes - you're 28 years old?!" Well, now you can refer ...

Latest Video

Rising Costs Cuts Home Builder Confidence

Santelli's Midday Bond Report

Fed to Blame for Sell-off?

More News from 'Around the Web'

Bloomberg - 4:38PM
Fed Joins FDIC Adding Guidance to Banks for 'Living Will' Plans
Bloomberg - 4:32PM
Housing Finance Redo Should Happen This Year, Says HUD's Donovan
Realtor.Org - 4:30PM
They're Back: Mortgage Schemes
Bloomberg - 2:29PM
Citigroup's Costs for Toxic Assets Soar on Legal Fees
freddiemac.mwnewsroom.com - 2:27PM
Freddie Mac CreditSmart(R) Online Tutorial Helps Prepare Future Borrowers for Homeownership
Bloomberg - 12:38PM
Shapiro Says Housing Fundamentals Make `Perfect Sense'
NAHB - 10:51AM
NAHB: Rising Costs Put Squeeze on Builder Confidence in April
www.mersinc.org - 10:51AM
Michigan Appeals Court Finds MERS Role Valid
CNBC - 10:50AM
Rising Costs Hammer US Home Builder Confidence
www.aei-ideas.org - 9:57AM
Why Zandi to FHFA could mean Obama mass refi plan, mortgage principal reductions
CNBC - 8:15AM
Citi Beats on Profit and Revenue; Shares Rise
CNBC - 8:58PM
Moody's Zandi Is Top Pick for Fannie Watchdog
CNBC - 8:57PM
Signs of Easier Money for Mortgages

Today's Comments

	MBS Live Chat - 1:51PM "REPRICE : 1:51 PM - Plaza Better..."
	MBS Live Chat - 1:32PM "REPRICE : 1:32 PM - Franklin American Better..."
	MBS Live Chat - 1:21PM "REPRICE : 1:21 PM - Provident Funding Better..."

Recent Q & A

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.48%

-0.02

15 Yr FRM

2.80%

-0.01

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

-0.02

5/1 Yr ARM

2.99%

+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

3.68%

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

104-10

+0-05

30YR FNMA 3.5

106-10

+0-02

30YR GNMA 3.0

106-01

+0-06

30YR GNMA 3.5

108-27

+0-07

15YR FNMA 3.0

105-16

+0-03

15YR FNMA 2.5

104-11

+0-04

Treasuries

Yield

Change

2 YR

0.2220%

-0.0080

5 YR

0.6777%

-0.0113

10 YR

1.6866%

-0.0325

30 YR

2.8696%

-0.0473

Prices as of: 4/15/2013 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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