Daily Newsletter: Friday May 31, 2013

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.00%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                3.14%
                                                                  
                                                                +0.05

10YR Treasury

                                                                2.13%
                                                                  
                                                                +0.0145

FNMA 30YR 3.5

                                                                103-21
                                                                  
                                                                -0-10

FNMA 15YR 2.5

                                                                104-00
                                                                  
                                                                -0-06

View Today's Rates

Friday May 31, 2013

MND NewsWire - 3:10PM

REO Could Become A Serious Problem For HUD/GSEs

As the housing crisis unrolled the Department of Housing and Urban Development (HUD) and the two government sponsored enterprises (GSEs) Freddie Mae and Fannie Mae came into possession ...

Mortgage Rate Watch - 4:03PM

Mortgage Rates Jump Back To Recent Highs

Mortgage rates moved back up to the highest levels of the week , confirming a bumpy ride between now and next week's big jobs report. The day began in a docile enough fashion but was ...

MBS Commentary - 6:04PM

MBS RECAP: Fitting End To Worst Month in Modern MBS History

MBS Live : MBS Afternoon Market Summary If we consider the worst 5-week batches of time for production MBS, and even if we allow late 2010 to combine the worst 5 weeks spanning November ...

MND NewsWire - 4:57PM

CFPB Enhances Massive Consumer Complaint Database

The massive public database of consumer complaint information which the Consumer Financial Protection Bureau (CFPB) brought on-line in March has now been enhanced. The Bureau announced ...

Latest Video

Smooth Fed Sailing Still Ahead?

Mortgage Rates Headed Higher

Painful May for Bill Gross, and More

More News from 'Around the Web'

WSJ - 3:45PM
Yen Has Fallen Too Far, Study Says
The Basis Point - 3:45PM
Why I Don't See A Housing Bubble
CNBC - 1:37PM
Housing Plays That Went Too Far
Bloomberg - 1:37PM
Gross's Pimco Total Return Fund Falls 1.9% in May - Bloomberg
www.corelogic.com - 1:35PM
2013 CoreLogic Storm Surge Report Estimates 4.2 Million U.S. Homes Valued at an Estimated $1.1 Trillion at Risk of Hurricane Storm-Surge Damage
Google News - 1:03PM
Recovering Housing Market Solves Principal Reduction Dilemma
CNBC - 1:00PM
It's a Bond Sell Off! No, It's Not! ... GS vs UBS
Bloomberg - 9:56AM
Fed's Pianalto Says Bank Living Wills Help Solve Too-Big-to-Fail
Market Watch - 9:56AM
Nader: U.S. has duty to Fannie, Freddie investors
Bloomberg - 9:55AM
If Not Geithner, Who Will Replace Bernanke?
CNBC - 9:54AM
Chicago Purchasing Managers Index Jumps to Highest Level Since March 2012
CNBC - 9:25AM
Payback Time for Europe's Banks and Subprime Mortgages
Market Watch - 8:10AM
AIG drops case vs. New York Fed over loss claims
CNBC - 8:09AM
Goldman: This US Treasury Sell-Off Is For Real

Today's Comments

	MBS Live Chat - 2:35PM "This sideways, down, sideways down, ,sideways down, pricing is disconcerting. Like a waterfall........"
	MBS Live Chat - 2:36PM "still can't lock at Wells..."
	MBS Live Chat - 2:37PM "Thank God it will be June when we next meet!..."
	MBS Live Chat - 2:38PM "Bring on JUNE!..."
	MBS Live Chat - 2:38PM "I second that...May, you can go now!..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.00%

+0.06

15 Yr FRM

3.14%

+0.05

FHA 30 Year Fixed

3.55%

+0.05

Jumbo 30 Year Fixed

4.20%

+0.04

5/1 Yr ARM

2.90%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.03%

0.84

+0.07

30 Yr. Fixed

3.77%

1.20

+0.03

MBA **

30 Yr. Fixed

3.90%

0.39

+0.12

15 Yr. Fixed

3.10%

0.30

+0.14

30 Yr. Jumbo

4.07%

0.27

+0.14

30 Yr. FHA

3.62%

0.27

+0.09

5/1 ARM

2.60%

0.24

+0.00

Freddie Mac **

30 Yr. Fixed

3.81%

0.80

+0.22

15 Yr. Fixed

2.98%

0.70

+0.21

1 Yr. ARM

2.54%

0.50

-0.01

5/1 Yr. ARM

2.66%

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

100-20

-0-11

30YR FNMA 3.5

103-21

-0-10

30YR GNMA 3.0

101-31

-0-08

30YR GNMA 3.5

105-07

-0-07

15YR FNMA 3.0

104-00

-0-06

15YR FNMA 2.5

102-04

-0-07

Treasuries

Yield

Change

2 YR

0.2972%

+0.0002

5 YR

1.0274%

+0.0145

10 YR

2.1317%

+0.0145

30 YR

3.2774%

-0.0034

Prices as of: 5/31/2013 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe