Daily Newsletter: Tuesday June 11, 2013

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30 Year Fixed

                                                                4.03%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.19%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.19%
                                                                  
                                                                -0.0215

FNMA 30YR 3.5

                                                                103-12
                                                                  
                                                                +0-04

FNMA 15YR 2.5

                                                                103-29
                                                                  
                                                                -0-01

View Today's Rates

Tuesday June 11, 2013

MND NewsWire - 4:45PM

Fed Raises Eminent Domain Issue - A Curious Choice

The Federal Reserve Bank of New York has published a paper by one of its former visiting scholars that flies in the face of the stated policy of at least one federal regulatory agency ...

MND NewsWire - 10:49AM

Fannie, Freddie Shareholders Sue Government Over Takeover

Freddie Mac and Fannie Mae reported aggregate earnings of about $18.7 billion in FY2012, $12.1 billion of which was earned in the fourth quarter of the year. Since the two government ...

Mortgage Rate Watch - 7:30PM

Mortgage Rates Recover 2 Days of Weakness

Mortgage rates moved lower today , recovering yesterday's weakness and making it back inside the highs seen last Thursday. The bond markets that most directly affect rates had a volatile ...

MND NewsWire - 4:59PM

Benefits of Homeownership Linked to Good Lending - Study

Contrary to the increasingly prevalent argument that the benefits of homeownership have been overemphasized, a new study by finds that it is still a good investment for low- and moderate ...

Latest Video

Investors Cool on Housing

Japan & Germany Rattle Markets

FHA: Ticking Bailout Time Bomb?

More News from 'Around the Web'

The Atlantic - 5:05PM
Here's Why Investors Seem to Be Sprinting Away From Bonds
Bloomberg - 5:02PM
Minorities Experience Racial Bias in Housing Market, HUD Finds - Bloomberg
NAHB - 5:01PM
More Home Sales, Increased Demand for New Products Lead to Bigger, Better Trade Show
CNBC - 5:00PM
More Volatility for Stocks, Bonds, and Foreign Exchange
DataQuick - 2:41PM
SoCal Home Sales Highest in 7 Years
WSJ - 2:40PM
More Signs of Slowly Healing Job Market
Bloomberg - 2:37PM
Fed Mortgage Stockpile Seen Cushioning Pullback: Credit Markets - Bloomberg
CNBC - 2:37PM
The New Math of Cutting Unemployment
SEC - 12:50PM
SEC Charges CBOE for Regulatory Failures
WSJ - 12:06PM
City's Population Boom Spurs a Need for New Housing
www.nytimes.com - 12:01PM
German Court Weighs Bond Buying by European Central Bank
www.ecb.europa.eu - 12:00PM
Speech Jörg Asmussen: Introductory statement by the ECB in the proceedings before the Federal Constitutional Court
CNBC - 11:59AM
No Great Rotation, But You Can't Tell From Yields
Reuters - 9:58AM
German court says won't be swayed by ECB bond-buying success
Reuters - 9:53AM
Small business confidence hits one-year high in May
Reuters - 9:53AM
Boehner sees U.S. immigration bill by year's end
Bloomberg - 9:50AM
BofA Regaining Its Fair Share of Mortgages, Thompson Says - Bloomberg

Today's Comments

	MBS Live Chat - 11:49AM "REPRICE : 11:49 AM - Flagstar Better..."
	MBS Live Chat - 12:01PM "REPRICE : 12:01 PM - Franklin American Better..."
	MBS Live Chat - 12:01PM "2nd of the day..."
	MBS Live Chat - 1:49PM "REPRICE : 1:49 PM - Sierra Pacific Better..."
	MBS Live Chat - 2:33PM "REPRICE : 2:33 PM - USBank Better..."
	MBS Live Chat - 2:36PM "2nd reprice on the day from US Bank..."
	MND NewsWire - 8:50PM "Jana, I could not agree more with your statement. I was a broker from 2001-2010, and throughout that time I never originated one loan with with a PPP extending past the start rate; however, I encounter many, many borrowers who had these types of loans who were trying to refinance out of them. Most of..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.03%

-0.05

15 Yr FRM

3.19%

-0.01

FHA 30 Year Fixed

3.64%

+0.00

Jumbo 30 Year Fixed

4.27%

+0.02

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

3.91%

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

100-08

+0-08

30YR FNMA 3.5

103-12

+0-04

30YR GNMA 3.0

101-24

+0-12

30YR GNMA 3.5

104-25

+0-04

15YR FNMA 3.0

103-29

-0-01

15YR FNMA 2.5

101-26

+0-02

Treasuries

Yield

Change

2 YR

0.3218%

+0.0041

5 YR

1.1118%

-0.0097

10 YR

2.1882%

-0.0215

30 YR

3.3168%

-0.0493

Prices as of: 6/11/2013 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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