Daily Newsletter: Thursday June 6, 2013

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.14%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.08%
                                                                  
                                                                -0.0123

FNMA 30YR 3.5

                                                                103-20
                                                                  
                                                                +0-14

FNMA 15YR 2.5

                                                                103-31
                                                                  
                                                                +0-07

View Today's Rates

Thursday June 6, 2013

Mortgage Rate Watch - 4:42PM

Mortgage Rates Improve Ahead of Important Jobs Report

Mortgage rates improved today , bringing them back in line with the week's lower levels from Monday. It's worth noting, that Monday's rates were the highest in 14 months at the time ...

MND NewsWire - 5:30PM

Homeowners Continue Shorten Loan Terms, Saving Billions

Homeowners who refinanced in the first quarter of 2013 maintained the approximate cash balance of the loan they were refinancing but in more than one quarter of the cases, they shortened ...

MBS Commentary - 2:05PM

MBS SPECIAL ALERT: Explaining The Surprise Mega Rally

MBS Live : MBS Morning Market Summary The morning has been intense in terms of the " unseen hand " causing massive market movements. I talk a lot about "tradeflows and technicals" moving ...

Pipeline Press - 11:44AM

The Role of Secondary, GSE Stock Prices, Recent Updates, and Move Toward a Single Security

Remember all those folks that had their 401(k)'s tied up in stocks like Countrywide, Bank of America, Lehman Brothers, National City, WAMU... the list goes on and on, and now they're ...

Latest Video

Santelli: Fed Has Gone to 'Rod Serling-Ville'

Will Housing Crack the Market?

Santelli's Midday Bond Report

More News from 'Around the Web'

www.nytimes.com - 3:48PM
U.S. Households' Finances Regain Lost Ground
CNBC - 2:55PM
Yen Rally Sends Shock and Selling Through Markets
freddiemac.mwnewsroom.com - 2:54PM
Few Cash-Out Equity When Refinancing, More Shorten Term
Washington Post - 1:45PM
Dodd-Frank isn't close to implemented
Bloomberg - 1:08PM
S&P Ratings Lawsuits Transferred to Federal Court in NY
Bloomberg - 1:08PM
Fed's Plosser Says More Capital Needed for Too-Big-to-Fail Risk
NAHB - 10:56AM
NAHB: List of Improving Housing Markets Rises to 263 Metros in June
freddiemac.mwnewsroom.com - 10:54AM
Freddie Mac: Mortgage Rates Continue Climbing Higher
www.lpsvcs.com - 10:18AM
LPS' April Mortgage Monitor: Judicial States' Foreclosure Sales Rate Highest Since 2010; Loans Still Delinquent Nearly Three Years Before Sale
WSJ - 10:12AM
Secondary Sources: Mortgage-Interest Deduction, Inflation Expectations, Labor Share
Washington Post - 10:10AM
Wells Fargo settles complaint on foreclosed homes
Reuters - 10:10AM
Mortgage insurer Genworth to cut 400 jobs
www.cfpbmonitor.com - 9:42AM
Trade groups seek guidance on qualified mortgage and disparate impact
Market Watch - 7:49AM
Mortgage lenders make flood insurance mandatory

Today's Comments

	MBS Live Chat - 4:10PM "REPRICE : 4:10 PM - Wells Fargo Worse..."
	MBS Live Chat - 3:57PM "REPRICE : 3:57 PM - NYCB Worse..."
	MBS Live Chat - 3:02PM "REPRICE : 3:02 PM - Flagstar Worse..."
	MBS Live Chat - 2:47PM "As always. Great alert and warning MG...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

-0.03

15 Yr FRM

3.14%

-0.03

FHA 30 Year Fixed

3.54%

-0.02

Jumbo 30 Year Fixed

4.22%

-0.02

5/1 Yr ARM

2.92%

+0.02

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

3.91%

0.70

+0.10

15 Yr. Fixed

3.03%

0.70

+0.05

1 Yr. ARM

2.58%

0.40

+0.04

5/1 Yr. ARM

2.74%

0.50

+0.08

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

100-23

+0-10

30YR FNMA 3.5

103-20

+0-14

30YR GNMA 3.0

102-03

+0-08

30YR GNMA 3.5

105-05

+0-13

15YR FNMA 3.0

103-31

+0-07

15YR FNMA 2.5

102-01

+0-06

Treasuries

Yield

Change

2 YR

0.2896%

+0.0001

5 YR

1.0081%

-0.0129

10 YR

2.0769%

-0.0123

30 YR

3.2386%

-0.0069

Prices as of: 6/6/2013 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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