Daily Newsletter: Monday November 25, 2013

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30 Year Fixed

                                                                4.42%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.49%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.74%
                                                                  
                                                                -0.0090

FNMA 30YR 3.5

                                                                101-05
                                                                  
                                                                -0-01

FNMA 15YR 2.5

                                                                103-09
                                                                  
                                                                -0-02

View Today's Rates

Monday November 25, 2013

MND NewsWire - 11:59AM

Home Prices Rise Overall, but Some Areas Seeing Sharp Declines

Home prices rose again nationally in September Lender Processing Services (LPS) said today, but in many areas, notably a lot of the older mill towns in the Northeast, prices are still ...

MND NewsWire - 10:44AM

Inventories Pulling Home Sales and Prices in Opposite Directions

Pending home sales fell in October to the lowest level in nearly a year. The Pending Home Sales Index (PHSI) released this morning by the National Association of Realtors® (NAR ...

MND NewsWire - 3:18PM

California Purchase Contracts up for First Time in 3 Months

Contracts for home purchases in the Golden State increased in October, the first such increase in three months the California Association of Realtors® (C.A.R.) said today. The state ...

Mortgage Rate Watch - 4:27PM

Mortgage Rates Relatively Unchanged; Some Mid-Day Changes

Mortgage rates were steady to slightly lower today despite some volatility and weakness in the Secondary Mortgage Market. This means that MBS prices (the mortgage-backed-securities ...

Latest Video

Santelli Exchange: The market is tightening up

Chinese buy US homes with eye to future

Markets record run at risk

More News from 'Around the Web'

WSJ - 4:54PM
Heritage Foundation Opposes Yellen, Says It Will Score' Votes
www.justice.gov - 4:53PM
Justice Department Charges Minn. Condominium Association, Management Company and Property Manager with Discrimination Against Families with Children
Reuters - 4:22PM
Analysis: What taper? Low rates for longer is key Fed theme for 2014
CNBC - 2:50PM
Is US economy in 'permanent slump'
www.cfpbmonitor.com - 2:44PM
Fed webinar on small creditor qualified mortgages to feature CFPB speakers
SIFMA - 2:43PM
SIFMA Market Close Recommendations for the US Thanksgiving Day Holiday in the US, the UK and Japan
FHFA - 2:42PM
FHFA Progress Report Details Advancement on Securitization Infrastructure and Credit Risk Sharing
WSJ - 1:25PM
Whenever Fed Talks, Markets Move
Market Watch - 1:23PM
Treasurys hold mostly higher after 2-year auction
www.lpsvcs.com - 11:52AM
U.S. Home Prices Up 0.2 Percent for the Month; Up 9.0 Percent Year-Over-Year
CNBC - 10:15AM
Pending home sales fall again
Reuters - 10:15AM
U.S. private sector rebounds in November: Markit
www.philadelphiafed.org - 10:14AM
Forecasters Predict Healthier Labor Market
www.census.gov - 9:14AM
Census Bureau to Postpone Release of Some New Residential Construction Information
freddiemac.mwnewsroom.com - 9:12AM
Freddie Mac Multifamily Prices 19th Securities Offering This Year, K-035
NAFCU - 9:11AM
Johnson: GSE wind-down must not disrupt market
Reuters - 8:39AM
Stock futures point to continued rally, but oil dips
Reuters - 8:38AM
Exclusive: Nonprofit that flipped homes to investors faces scrutiny
www.npr.org - 8:37AM
What Have Mortgage Settlements Done For Homeowners Lately?
Bloomberg - 8:36AM
Faucets at $1000 Abound as Home Equity Spigot Opens: Mortgages

Today's Comments

	Pipeline Press - 11:44AM "You mentioned in your article that FNMA now allows gifts and does not require a minimum investment in the transaction for a 1 unit purchase. AND that you found a PMI company that would allow that. I just had one and was unable to find a PMI company that would take it without a minimum investment. Can..."
	Pipeline Press - 4:23PM "Alice I know CMG (MI for credit unions) will accept, as well as MGIC with acceptable FICO scores of course. As little as 3% down payment (gift) required...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.42%

-0.01

15 Yr FRM

3.49%

-0.01

FHA 30 Year Fixed

4.12%

+0.00

Jumbo 30 Year Fixed

4.39%

-0.01

5/1 Yr ARM

3.25%

+0.02

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

4.46%

0.38

+0.02

15 Yr. Fixed

3.52%

0.33

+0.00

30 Yr. Jumbo

4.47%

0.22

-0.01

30 Yr. FHA

4.14%

0.25

-0.02

5/1 ARM

3.12%

0.27

+0.01

Freddie Mac **

30 Yr. Fixed

4.22%

0.70

-0.13

15 Yr. Fixed

3.27%

0.70

-0.08

1 Yr. ARM

2.61%

0.40

+0.00

5/1 Yr. ARM

2.95%

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

96-26

-0-02

30YR FNMA 3.5

101-05

-0-01

30YR GNMA 3.0

97-30

-0-03

30YR GNMA 3.5

102-07

-0-02

15YR FNMA 3.0

103-09

-0-02

15YR FNMA 2.5

100-02

-0-02

Treasuries

Yield

Change

2 YR

0.2866%

+0.0041

5 YR

1.3387%

-0.0098

10 YR

2.7355%

-0.0090

30 YR

3.8239%

-0.0080

Prices as of: 11/25/2013 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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