Daily Newsletter: Friday April 26, 2013

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30 Year Fixed

                                                                3.45%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                2.76%
                                                                  
                                                                -0.03

10YR Treasury

                                                                1.67%
                                                                  
                                                                -0.0429

FNMA 30YR 3.5

                                                                106-16
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                105-19
                                                                  
                                                                +0-02

View Today's Rates

Friday April 26, 2013

Mortgage Rate Watch - 2:02PM

Mortgage Rates Officially Hit New 2013 Lows

Mortgage rates finally made a break from their recent flat and sideways pattern, moving officially to the best levels of 2013 by a small margin (this may vary slightly depending on ...

MND NewsWire - 10:59AM

Horton Reports Banner Earnings Citing Robust Demand and Favorable Pricing

Fort Worth based homebuilder D. R. Horton reported financial results for its second quarter that dwarfed results from a year earlier. The company's net income for the quarter ended ...

MBS Commentary - 4:38PM

MBS RECAP: "Safe" Rally Following Weaker GDP

MBS Live : MBS Afternoon Market Summary A week ago today, we began wondering what the current week could possibly offer bond markets in light of the fact that next week brought month ...

Pipeline Press - 10:43AM

Pricing on Redwood's Latest Deal; a Gaggle of Vendor, Investor, Agency, and Seminar Updates

Flipping over to the non-agency sector, uh oh: is the demand for "private label," nongovernment-backed residential mortgage securities dropping, or is the supply increasing? Bloomberg ...

Latest Video

The Week Ahead: April Jobs Report

Santelli: Austerity Is Like Making a Cupcake

Santelli: First Look at Q1 GDP

More News from 'Around the Web'

www.aei-ideas.org - 4:20PM
Let's not repeat the same mistakes that led to the housing bubble
www.usnews.com - 3:34PM
Decoding the First-Time Homebuyer
CNBC - 3:26PM
The Great Rotation May Be Just a Grand Illusion
www.aei-ideas.org - 1:46PM
The Unpossible Chart: Is government spending really at an all-time low?
OCC - 1:06PM
Independent Foreclosure Review Payments Exceed $1 Billion
WSJ - 12:54PM
Are Seller's Appraisals and Inspections Overkill?
Bloomberg - 11:14AM
Low Inflation and Low Growth Mean the Fed Must Act - Bloomberg
CNBC - 9:38AM
Reinhart, Rogoff: We've Received Hate Mail
WSJ - 9:34AM
Five Takeaways From GDP Report
Market Watch - 9:33AM
Wells Fargo thunders to a buy among financials
blog.hud.gov - 9:30AM
Supporting Local Communities by Building Capacity and Cutting Red Tape
WSJ - 1:46PM
Real Estate News: The New Texas Land Rush
CNBC - 1:45PM
The Economy May Stink, but the Market Doesn't Care
www.nytimes.com - 11:15AM
Off the Charts: Wage Disparity Continues to Grow
CNBC - 9:38AM
Stocks Open Lower After Weak GDP Report

Today's Comments

	MBS Live Chat - 2:20PM "REPRICE : 2:20 PM - Chase Better..."
	MBS Live Chat - 2:06PM "REPRICE : 2:06 PM - Flagstar Better..."
	MBS Live Chat - 1:40PM "switch covers have to be done per HUD - safety issue..."
	MBS Live Chat - 1:41PM "they have re-done those, but he won't come back out until he has a copy of the inspection report...."
	MBS Live Chat - 1:53PM "REPRICE : 1:53 PM - Wells Fargo Better..."
	MBS Live Chat - 1:54PM "that looks like wf's best rate sheet of the year by a small margin, depending on the rate/product...."
	MBS Live Chat - 1:55PM "I agree MG...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.45%

-0.03

15 Yr FRM

2.76%

-0.03

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.56%

-0.02

5/1 Yr ARM

2.97%

-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

3.67%

0.50

-0.01

15 Yr. Fixed

2.91%

0.34

-0.01

30 Yr. Jumbo

3.77%

0.27

-0.02

30 Yr. FHA

3.37%

0.55

-0.06

5/1 ARM

2.57%

0.29

-0.01

Freddie Mac **

30 Yr. Fixed

3.40%

0.80

-0.01

15 Yr. Fixed

2.61%

0.70

-0.03

1 Yr. ARM

2.62%

0.30

-0.01

5/1 Yr. ARM

2.58%

0.50

-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

104-17

+0-08

30YR FNMA 3.5

106-16

+0-05

30YR GNMA 3.0

106-08

+0-11

30YR GNMA 3.5

108-27

+0-05

15YR FNMA 3.0

105-19

+0-02

15YR FNMA 2.5

104-16

+0-05

Treasuries

Yield

Change

2 YR

0.2151%

-0.0157

5 YR

0.6823%

-0.0287

10 YR

1.6651%

-0.0429

30 YR

2.8618%

-0.0442

Prices as of: 4/26/2013 4:29PM 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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