Daily Newsletter: Wednesday June 26, 2013

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30 Year Fixed

                                                                4.52%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.72%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.54%
                                                                  
                                                                -0.0560

FNMA 30YR 3.5

                                                                100-18
                                                                  
                                                                +0-15

FNMA 15YR 2.5

                                                                102-12
                                                                  
                                                                +0-08

View Today's Rates

Wednesday June 26, 2013

Mortgage Rate Watch - 5:07PM

Mortgage Rates Fall at Fastest Pace in June

Mortgage rates added a second day of improvement to yesterday's more tentative gains, falling just slightly faster than any other day this month. While the improvements scarcely make ...

MND NewsWire - 8:34AM

Application Volume at 19 Month Low as Rates Soar

The Mortgage Bankers Association (MBA) said rising interest rates caused mortgage application activity to fall for the second straight time week during the period ended June 21. The ...

MND NewsWire - 10:34AM

Freddie Mac Footprint Continues to Shrink

Freddie Mac's Total Mortgage Portfolio decreased from an unpaid principle balance (UPB) of $1.949 trillion at the end of April to $1.944 trillion at the end of May, an annualized rate ...

MBS Commentary - 4:49PM

MBS RECAP: Best day of MBS Gains in Nearly 4 Weeks

MBS Live : MBS Afternoon Market Summary The last day MBS put in a 20 tick gain was Thursday June 6th, just before NFP Friday. It would be excellent if we could conclude that today meant ...

Latest Video

ARMs Make Comeback?

Did Bernanke Misjudge Markets?

Mortgage Applications Fall 3% From Last Week

More News from 'Around the Web'

CNBC - 4:51PM
Will the Flight from Bonds Continue?
DataQuick - 3:40PM
May Las Vegas Region Home Sale Press Release
Bloomberg - 3:35PM
Lacker Says Fed Not Near Cutting Balance Sheet; Growth Sluggish - Bloomberg
CNN - 1:34PM
Investors yank record $62 billion from bonds
WSJ - 1:30PM
Real-Estate News: A Double Dose of Positive Housing News
WSJ - 1:23PM
Why Was GDP Revised Down so Much?
webfeeds.brookings.edu - 12:24PM
Encouraging Momentum to Reform Fannie Mae and Freddie Mac, But Nothing is Likely Soon
CNBC - 12:00PM
Rising Mortgage Rates Cause 'Rush to ARMs'
CNBC - 12:00PM
Cramer: Wind Now 'Out of the Sails' for Housing
House Financial Services - 11:59AM
Chairman Hensarling Opening Statement at Today's Full Committee Hearing on 'Too-Big-to-Fail' Post- Dodd-Frank
content.govdelivery.com - 10:37AM
FDIC Vice Chairman Hoenig: Avoiding Taxpayer Funded Bailouts by Returning to Free Enterprise and Pro Growth Bank Regulatory Policies
Washington Post - 10:36AM
Interest rate spike emerges as concern for Fed
money.msn.com - 10:32AM
Lost decade for bonds looms
CNBC - 9:11AM
Real Estate Market Is 'Uncomfortable'
Reuters - 9:11AM
U.S. first-quarter growth cut to 1.8 percent
freddiemac.mwnewsroom.com - 9:10AM
Freddie Mac Issues Monthly Volume Summary for May 2013
CNBC - 9:10AM
Fed's Kocherlakota: Fed Needs to Be Clearer on Interest Rates, Not Just QE Taper Timing
CNBC - 8:13AM
Housing Market Shrugging Off Rise in Mortgage Rates
www.npr.org - 8:13AM
Real Estate Sizzles Again In Las Vegas
Reuters - 8:12AM
Stock futures rise, adding to Tuesday gains, on sturdy data

Today's Comments

	MBS Live Chat - 1:24PM "REPRICE : 1:24 PM - Platinum Mortgage Worse..."
	MBS Live Chat - 1:26PM "REPRICE : 1:26 PM - PHH Worse..."
	MBS Live Chat - 2:23PM "I love that the CNBC commentators are arguing that higher rates are good for housing...."
	MBS Live Chat - 2:27PM "I think mg should go on cnbc .. Talk about rates and this website. Look into it mg...."
	Mortgage Rate Watch - 9:57AM "We are in the same boat. New construction, to be completed in about 90-100 days. This site has been the best thing ever! Although my husband has threatened to ban me from it, because I'm constantly checking the rates/news/info :). On Monday, we decided to step off the roller coaster and locked in our..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.52%

-0.05

15 Yr FRM

3.72%

-0.03

FHA 30 Year Fixed

4.34%

-0.04

Jumbo 30 Year Fixed

4.50%

-0.05

5/1 Yr ARM

3.01%

-0.04

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

4.17%

0.41

+0.02

15 Yr. Fixed

3.30%

0.39

-0.02

30 Yr. Jumbo

4.23%

0.34

-0.02

30 Yr. FHA

3.85%

0.22

+0.04

5/1 ARM

2.81%

0.35

+0.03

Freddie Mac **

30 Yr. Fixed

3.93%

0.80

-0.05

15 Yr. Fixed

3.04%

0.70

-0.06

1 Yr. ARM

2.57%

0.40

-0.01

5/1 Yr. ARM

2.79%

0.50

+0.00

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

96-24

+0-19

30YR FNMA 3.5

100-18

+0-15

30YR GNMA 3.0

97-16

+0-20

30YR GNMA 3.5

101-09

+0-23

15YR FNMA 3.0

102-12

+0-08

15YR FNMA 2.5

99-24

+0-16

Treasuries

Yield

Change

2 YR

0.3868%

-0.0179

5 YR

1.4234%

-0.0565

10 YR

2.5428%

-0.0560

30 YR

3.5838%

-0.0339

Prices as of: 6/26/2013 4:30PM 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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