Daily Newsletter: Thursday September 12, 2013

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30 Year Fixed

                                                                4.68%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.76%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.91%
                                                                  
                                                                +0.0001

FNMA 30YR 3.5

                                                                98-23
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                101-13
                                                                  
                                                                -0-01

View Today's Rates

Thursday September 12, 2013

MND NewsWire - 2:38PM

New Home Mortgage Applications Plummet in August

The Mortgage Bankers Association (MBA) said that applications for mortgages to purchase new homes dropped 14 percent in August to a seasonally adjusted annual rate of 424,000 units ...

Mortgage Rate Watch - 5:08PM

Mortgage Rates Flat Today; Risk Increases From Here

Mortgage rates held almost perfectly flat today, after starting the day in stronger territory and losing ground in the afternoon. As such, Conforming, 30yr Fixed scenarios remained ...

MND NewsWire - 10:25AM

Voters Overwhelmingly Support Increased Mortgage Industry Regulation

The Dodd-Frank Wall Street Reform and Consumer Protection Act and the Consumer Financial Protection Bureau (CFPB) which it created appear to be a lot more popular with voters than some ...

MND NewsWire - 2:46PM

FSC Chair Asks "Who Will Protect Consumers From the CFPB?"

The Director of the Consumer Financial Protection Bureau (CFPB) finally got to present the Bureau's third Semi-Annual Report to the House Financial Services Committee (FSC) today, five ...

Latest Video

Inside a new homebuyer's mind

Robert Shiller: Tapering won't kill housing

The home of the future

More News from 'Around the Web'

Bloomberg - 5:48PM
Wells Fargo Said to Be Selling Mortgage Servicing Rights - Bloomberg
Bloomberg - 4:55PM
Ranieri's Shellpoint Plans Second Sale of Jumbo-Mortgage Bonds - Bloomberg
Reuters - 3:45PM
SEC Chair calls for kill switch, other reforms for exchanges
Bloomberg - 2:53PM
BlackRock Bid to Block Richmond Plan Seen Premature - Bloomberg
The Huffington Post - 2:52PM
Mortgage Rates Are Rising. But When Will It <i>Actually</i> Hurt Real Estate?
Reuters - 2:51PM
Top senators aim for deal on Fannie, Freddie reform by year-end
DataQuick - 2:01PM
August Southland Home Sale Press Release
www.americanprogress.org - 1:35PM
Essential Elements of Housing Finance Reform
CNBC - 1:34PM
Still opportunity in mortgages: Top hedge fund
www.npr.org - 12:25PM
Losing Home Over $200? Tax Lien Fallout
Bloomberg - 12:10PM
Housing-Finance Plan Pushed for U.S. Senate Panel Vote This Year - Bloomberg
www.npr.org - 12:04PM
SIFMA AMG's Cameron on Richmond CA's Vote on Eminent Domain
Google News - 12:04PM
Realtors® Applaud Senate Hearings on Housing Finance Reform
CNBC - 12:03PM
By your next house from a warehouse
House Financial Services - 12:02PM
CFPB Promises Answers, Fails to Deliver
freddiemac.mwnewsroom.com - 10:07AM
Freddie Mac: Mortgage Rates Hold Steady
House Financial Services - 10:07AM
Chairman Hensarling Opening Statement at Hearing on CFPB Semi-Annual Report
Washington Post - 10:03AM
This is a complete list of Wall Street CEOs prosecuted for their role in the financial crisis
CNBC - 10:03AM
Five years after Lehman, risk moves into shadows

Today's Comments

	MND NewsWire - 1:15AM "Lenders and servicers watching this debate with ample interest. I second Tobby's comments on borrowers facing far fewer (and more expensive) financing options if future lenders have to worry about preemptive and probably illegal seizure of mortgages in the interests of "municipal stability." Why would..."
	MND NewsWire - 10:49AM "CRL long been a bastion of liberal politics, not surprising to me their poll shows consumer confidence in more government control and stricter lender oversight...."
	MND NewsWire - 11:06AM "Consumers voting for more regulation don't understand what it means until they apply for credit and no longer qualify for what they used to because of new regulations. Then they are angry...."
	MND NewsWire - 12:18PM "Note to consumers: Be careful what you wish for........"
	MND NewsWire - 2:44PM "Agree with Joe..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.68%

-0.01

15 Yr FRM

3.76%

-0.01

FHA 30 Year Fixed

4.35%

+0.00

Jumbo 30 Year Fixed

4.69%

+0.00

5/1 Yr ARM

3.14%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.44%

0.85

+0.40

30 Yr. Fixed

4.27%

1.09

+0.51

MBA **

30 Yr. Fixed

4.80%

0.46

+0.07

15 Yr. Fixed

3.83%

0.42

+0.08

30 Yr. Jumbo

4.84%

0.41

+0.13

30 Yr. FHA

4.56%

0.28

+0.08

5/1 ARM

3.59%

0.43

+0.10

Freddie Mac **

30 Yr. Fixed

4.57%

0.80

+0.00

15 Yr. Fixed

3.59%

0.70

+0.00

1 Yr. ARM

2.67%

0.40

-0.04

5/1 Yr. ARM

3.22%

0.50

-0.06

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

94-12

+0-01

30YR FNMA 3.5

98-23

-0-01

30YR GNMA 3.0

95-03

+0-01

30YR GNMA 3.5

99-21

-0-02

15YR FNMA 3.0

101-13

-0-01

15YR FNMA 2.5

98-04

+0-00

Treasuries

Yield

Change

2 YR

0.4430%

-0.0039

5 YR

1.7093%

+0.0051

10 YR

2.9104%

+0.0001

30 YR

3.8539%

+0.0063

Prices as of: 9/12/2013 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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