Daily Newsletter: Friday October 25, 2013

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30 Year Fixed

                                                                4.10%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.26%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.51%
                                                                  
                                                                -0.0073

FNMA 30YR 3.5

                                                                102-22
                                                                  
                                                                +0-03

FNMA 15YR 2.5

                                                                103-29
                                                                  
                                                                +0-01

View Today's Rates

Friday October 25, 2013

Mortgage Rate Watch - 4:36PM

Mortgage Rates Continue Hovering Near 4 Percent

Mortgage rates held steady yet again, ending their second week of significant improvement and contributing to what may soon be the first 2-month stretch of improvement since the Spring ...

MND NewsWire - 4:03PM

More People Will Buy Homes if Prices go Up, Wait... What?

While it seems counterintuitive, could higher home prices lead an increase in home sales? Two Federal Reserve Bank of San Francisco senior economists, William Hedberg and John Krainer ...

MND NewsWire - 10:28AM

DeMarco Announces Six Month Notice for Loan Limit Changes

While not directly acknowledging the protests that have come from both the public and private sectors about his decision to unilaterally lower loan limits, Edward J. DeMarco, acting ...

MND NewsWire - 1:32PM

QM and Non-QM Are Going to Get Along Just Fine

Savvy entrepreneurs or established organizations have little to fear from the new qualified mortgage (QM) and Ability-to-Repay (ATR) regulations about to come into effect a new white ...

Latest Video

The Week Ahead: Fed policy meeting

Wall Street's new housing play

Sen. Paul threatens Yellen nomination

More News from 'Around the Web'

Reuters - 5:22PM
Federal housing agency announces $5.1 billion JPMorgan deal
Fannie Mae - 5:22PM
News Release - Fannie Mae Reaches Repurchase ...
freddiemac.mwnewsroom.com - 5:22PM
Freddie Mac Announces Settlements Totaling Approximately $3.2 Billion With JPMorgan Chase
CNBC - 4:10PM
$4 bln JPMorgan/FHFA deal expected as soon as Friday; Justice Dept deal next week: Dow Jones
CNBC - 4:10PM
Labor Dept: Furloughed workers can't double dip
Google News - 4:10PM
Then and Now: A Decade of Technology in Real Estate
www.aei-ideas.org - 2:45PM
No, Rand Paul isn't going to derail Janet Yellen's Fed nomination
Washington Post - 2:41PM
Fannie, Freddie eliminating pension plans starting Dec. 31
CNBC - 2:16PM
QE Infinity? No end in sight for money printing
Bloomberg - 2:16PM
Tentative JPMorgan Pact Said to Hit Snag Over FDIC Funds - Bloomberg
House Financial Services - 12:38PM
Who Protects Consumers from the Consumer Financial Protection Bureau?
Market Watch - 12:35PM
The Week in Charts: Business investment shows signs of slowing
WSJ - 11:56AM
Vital Signs: Shutdown Dings Consumer Confidence
The Big Picture - 11:55AM
State of the Economy
CNBC - 11:52AM
Sen. Paul wants to hold Yellen nomination: Source
FHFA - 11:35AM
Statement of FHFA Acting Director Edward J. DeMarco on Termination of Fannie Mae and Freddie Mac Pension Plans
Reuters - 10:33AM
U.S. wholesale inventories rise more than expected
CNBC - 10:04AM
Government shutdown sinks US consumer sentiment
CNBC - 9:15AM
US durables rise; aircraft surge masks weak demand
freddiemac.mwnewsroom.com - 9:11AM
Freddie Mac Issues Monthly Volume Summary for September 2013

Today's Comments

	MBS Live Chat - 2:02PM "is there ever a way to streamline a brwr (FHA) & remove a spouse from title due to order from divorce decree, or does removing brwr always make it ineligible for streamline?..."
	MBS Live Chat - 2:03PM "can stream, borrower staying on must have paid last 6 months, may have to income qualify, have to meet net benefit...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.10%

+0.00

15 Yr FRM

3.26%

+0.00

FHA 30 Year Fixed

3.81%

-0.02

Jumbo 30 Year Fixed

4.11%

-0.01

5/1 Yr ARM

3.12%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.62%

1.06

+0.18

30 Yr. Fixed

4.49%

1.21

+0.22

MBA **

30 Yr. Fixed

4.39%

0.41

-0.07

15 Yr. Fixed

3.51%

0.30

-0.02

30 Yr. Jumbo

4.43%

0.26

-0.08

30 Yr. FHA

4.15%

0.27

-0.01

5/1 ARM

3.25%

0.26

+0.00

Freddie Mac **

30 Yr. Fixed

4.13%

0.80

-0.15

15 Yr. Fixed

3.24%

0.60

-0.09

1 Yr. ARM

2.60%

0.50

-0.03

5/1 Yr. ARM

3.00%

0.40

-0.07

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

98-27

+0-06

30YR FNMA 3.5

102-22

+0-03

30YR GNMA 3.0

99-27

+0-06

30YR GNMA 3.5

103-25

+0-06

15YR FNMA 3.0

103-29

+0-01

15YR FNMA 2.5

101-06

+0-04

Treasuries

Yield

Change

2 YR

0.3030%

-0.0039

5 YR

1.2797%

-0.0181

10 YR

2.5088%

-0.0073

30 YR

3.5990%

-0.0112

Prices as of: 10/25/2013 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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