Daily Newsletter: Thursday February 13, 2014

This website requires Javascrip to run properly.

Newsletter Preview

View our most recent newsletter below, or use the date selector to view past newsletters.

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                4.38%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.40%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.73%
                                                                  
                                                                -0.0288

FNMA 30YR 3.5

                                                                100-30
                                                                  
                                                                +0-13

FNMA 15YR 2.5

                                                                103-01
                                                                  
                                                                +0-07

View Today's Rates

Thursday February 13, 2014

MND NewsWire - 1:48PM

Fannie Offers REO Incentives to Owner Occupants

Starting tomorrow Fannie Mae will offer some homebuyers a special incentive to purchase through its HomePath program which the company uses to market foreclosed properties. There are ...

Mortgage Rate Watch - 3:37PM

Mortgage Rates Recover After Retail Sales Data

Mortgage rates fell moderately following this morning's weaker-than-expected report on Retail Sales. There were several other considerations that helped rates catch a break today, but ...

MND NewsWire - 10:56AM

Foreclosure Filings still Spiking in Many States

Foreclosure activity increased in January with filings up 8 percent from December on a nationwide basis. RealtyTrac reported today there was a total of 124,419 foreclosure filings of ...

MND NewsWire - 10:26AM

New Home Purchase Applications Surged in New Year

The January spurt in applications for new home purchases does not surprise Mike Fratantoni, chief economists for the Mortgage Bankers Association. Fratantoni said that, while the 35 ...

Latest Video

Housing slowdown: Was it the weather?

Awful weather costs US $50 billion

Santelli: 'Curve steepening' going on

More News from 'Around the Web'

Bloomberg - 4:00PM
Bank of America Said to Cut 450 More Mortgage Jobs - Bloomberg
www.gallup.com - 4:00PM
U.S. Small-Business Owners' Optimism Up Sharply
www.aei-ideas.org - 3:11PM
And the real US unemployment rate is
WSJ - 2:29PM
Gap Between Most, Least Expensive Housing Markets Still Wide
CNBC - 2:27PM
Blackstone exec says no bubble in US real estate
DataQuick - 1:37PM
January Bay Area Home Sales Press Release
blog.redfin.com - 12:29PM
2014 Housing Market Off to Sluggish Start
Reuters - 11:59AM
U.S. growth to accelerate later in year, Fed taper plans unshaken: Poll
Reuters - 11:58AM
Lehman settles with Freddie Mac over $1.2 billion claim
CNBC - 11:57AM
Beyond 'frozenomics': What's hurting housing
Fannie Mae - 11:55AM
News Release - Fannie Mae Announces Homebuyer ...
Reuters - 9:14AM
Retail sales drop unexpectedly in January
Reuters - 9:14AM
Jobless claims rise in latest week
CNBC - 9:14AM
US foreclosures at record lows
Market Watch - 9:14AM
Treasurys extend climb after weak data
WSJ - 8:34AM
Fannie-Freddie Fate Rests in Courts
Reuters - 8:30AM
Futures slip ahead of retail sales, claims data

Today's Comments

	MBS Live Chat - 12:26PM "I guess what my soapbox is aimed at proclaiming is that in my opinion, I don't believe the consumer is really in any better of a position today when it comes to understanding and being led properly and honestly in their transaction then they were 5 years ago before the crash. All of these policies and..."
	MBS Live Chat - 12:26PM "Due to the NMLS and licensing, there may be a few less liars and cheaters but that's about it...."
	MBS Live Chat - 12:27PM "well put..."
	MBS Live Chat - 12:27PM ""We're the gov't and we're here to help you."..."
	MBS Live Chat - 12:28PM "The only thing the changes have really done outside of driving up costs for the consumers is too make it harder for the good guys to earn a living and stay in business...."
	MBS Live Chat - 12:35PM "never underestimate te power and scope of the CFPB. thats what I tell realtors. if you're in the loop of homeownership, you are not bulletproof. they get my drift. look at what'shappening on the title ins side..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.38%

-0.04

15 Yr FRM

3.40%

-0.03

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.30%

-0.03

5/1 Yr ARM

3.22%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.61%

1.06

-0.10

30 Yr. Fixed

4.48%

1.36

-0.10

MBA **

30 Yr. Fixed

4.45%

0.34

-0.02

15 Yr. Fixed

3.49%

0.25

-0.04

30 Yr. Jumbo

4.40%

0.14

-0.02

30 Yr. FHA

4.13%

0.10

+0.01

5/1 ARM

3.11%

0.31

-0.04

Freddie Mac **

30 Yr. Fixed

4.28%

0.70

+0.05

15 Yr. Fixed

3.33%

0.70

+0.00

1 Yr. ARM

2.55%

0.40

+0.04

5/1 Yr. ARM

3.05%

0.50

-0.03

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

96-21

+0-16

30YR FNMA 3.5

100-30

+0-13

30YR GNMA 3.0

98-14

+0-10

30YR GNMA 3.5

102-13

+0-14

15YR FNMA 3.0

103-01

+0-07

15YR FNMA 2.5

100-02

+0-07

Treasuries

Yield

Change

2 YR

0.3150%

-0.0280

5 YR

1.5032%

-0.0624

10 YR

2.7338%

-0.0288

30 YR

3.6829%

-0.0389

Prices as of: 2/13/2014 4:28PM 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe