Daily Newsletter: Monday June 3, 2013

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.14%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.13%
                                                                  
                                                                +0.0000

FNMA 30YR 3.5

                                                                103-15
                                                                  
                                                                0-00

FNMA 15YR 2.5

                                                                103-29
                                                                  
                                                                0-00

View Today's Rates

Monday June 3, 2013

MND NewsWire - 2:43PM

MBA Suggests More Level Playing Field for Smaller Lenders

The third of five planned concept papers outlining recommended steps to ease the transition during secondary market reform was published today by the Mortgage Bankers Association (MBA ...

MND NewsWire - 12:38PM

Almost Everything You Wanted To Know About Housing Back to 1973

The U.S. Census Bureau has just released the 2012 version of its report on Characteristics of New Housing . The report is composed of dozens of individual spreadsheets, available in ...

Mortgage Rate Watch - 3:40PM

Mortgage Rates Land Near Friday's Latest, After Bumpy Ride

Mortgage rates barely budged today , but only when comparing the most recent batch of rate sheets to Friday's latest. Between now and then, there's been an exceptionally high level ...

MBS Commentary - 4:21PM

MBS RECAP: OK Day for Treasuries; MBS, Not so Much

MBS Live : MBS Afternoon Market Summary Though MBS began the day in weaker territory than Treasuries, they were able to (eventually) keep pace with much of the rally that followed this ...

Latest Video

Is Market Sentiment Shifting?

Big Data Week Ahead: Jobs, Auto, ISM & More

Santelli: In Congress We Trust?

More News from 'Around the Web'

Bloomberg - 2:47PM
Treasuries Erase Gains as Fed's Lockhart Raises Tapering Concern - Bloomberg
Reuters - 2:47PM
Fairholme reports stake in Fannie, Freddie; wants restructuring
CNBC - 1:40PM
Yield Surge Sends Signal of a Scary Second-Half
CNBC - 1:40PM
'30 Days of Frustration' Ahead: Pro
WSJ - 12:16PM
Public Construction Hits 7-Year Low
Bloomberg - 12:10PM
Fed's Lockhart Says Slowing Bond Buying Possible After June - Bloomberg
NAHB - 12:06PM
Home Builders Building Homes that Young Buyers Want, Says NAHB
CNBC - 10:28AM
US Manufacturing Shrinks; Construction Spending Up
www.census.gov - 10:26AM
2012 Characteristics of New Housing
business.time.com - 9:58AM
The New Way to Flip a House: Let Buyers Weigh in Before Renovations
WSJ - 9:58AM
Do Rising Homeownership Rates Lead to Higher Joblessness?
CNBC - 9:56AM
US Factory Activity Edges Up in May, but Growth Sluggish: Markit
www.freddiemac.com - 8:57AM
Buying a Home? Get CreditSmart
Reuters - 8:52AM
Fed's Williams sticks to view on winding down bond buying, eyes inflation
Reuters - 8:29AM
Bank of America $8.5 billion settlement heads for court showdown
CNBC - 8:25AM
QE Helped Foster a Risk-Taking Environment: BIS
CNBC - 8:25AM
Fed, Bond Market Tango to Get Hotter

Today's Comments

	MBS Live Chat - 11:55AM "REPRICE : 11:55 AM - BB&T Better..."
	MBS Live Chat - 11:55AM "REPRICE : 11:55 AM - USBank Better..."
	MBS Live Chat - 11:58AM "REPRICE : 11:58 AM - PHH Better..."
	MBS Live Chat - 12:07PM "REPRICE : 12:07 PM - Wells Fargo Better..."
	MBS Live Chat - 2:12PM "REPRICE : 2:12 PM - Wells Fargo Worse..."
	MBS Live Chat - 2:13PM "REPRICE : 2:13 PM - Suntrust Worse..."
	MBS Live Chat - 3:04PM "REPRICE : 3:04 PM - Caliber Funding Worse..."
	MBS Live Chat - 3:06PM "REPRICE : 3:06 PM - Provident Funding Worse..."
	Community Commentary - 2:34PM "I like the article. Thanks..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

+0.01

15 Yr FRM

3.14%

+0.00

FHA 30 Year Fixed

3.54%

-0.01

Jumbo 30 Year Fixed

4.19%

-0.01

5/1 Yr ARM

2.91%

+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

100-15

0-00

30YR FNMA 3.5

103-15

0-00

30YR GNMA 3.0

101-30

0-00

30YR GNMA 3.5

105-04

0-00

15YR FNMA 3.0

103-29

0-00

15YR FNMA 2.5

101-30

0-00

Treasuries

Yield

Change

2 YR

0.2933%

+0.0000

5 YR

1.0338%

+0.0000

10 YR

2.1318%

+0.0000

30 YR

3.2679%

+0.0000

Prices as of: 6/3/2013 4:31PM 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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