Daily Newsletter: Wednesday March 5, 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

                                                                4.42%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.43%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.70%
                                                                  
                                                                -0.0036

FNMA 30YR 3.5

                                                                101-01
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                103-12
                                                                  
                                                                +0-01

View Today's Rates

Wednesday March 5, 2014

MND NewsWire - 12:12PM

Institutional Investors' Effect on Home Price Appreciation

Even though they stated in a news release two weeks ago that institutional investment was waning, RealtyTrac has released a report on its impact on the housing market. Institutional ...

Mortgage Rate Watch - 4:07PM

Mortgage Rates Hold Stead After Weaker Economic Data

Mortgage rates held steady today, on average, though some lenders are still in slightly worse shape. Weakness in the markets that affect mortgage rates carried over from yesterday and ...

MND NewsWire - 8:45AM

Full Work Week and Rate Rally Boost Mortgage Apps

The volume of mortgage applications increased during the week ended February 28 for the first time since late January. This good news was muted slightly by the fact that the previous ...

Pipeline Press - 5:04PM

Stonegate Expansion; Trends in the LO Job Description; Studies Point to Mixed Picture for Building & Lending

When I was on a pipeline hedging trading desk, we were often expected to have a crystal ball about where the market was going . None of us had one, although we did have coins to flip ...

Latest Video

ADP job number tepid ... again

Google moves into housing

Yellen: Never forget individual lives behind statistics

More News from 'Around the Web'

www.aei-ideas.org - 4:56PM
Great stagnation? Why Goldman Sachs thinks the next four decades will show significantly faster household income growth'
www.mersinc.org - 4:48PM
MERS Wins Complete Dismissal of Texas Lawsuit Filed by Counties
OCC - 4:48PM
Agencies Issue Final Dodd-Frank Act Stress Test Guidance for Medium-Sized Firms
Bloomberg - 3:28PM
Yellen Says Economy Falling Short of Congress-Mandated Goals - Bloomberg
CNBC - 2:32PM
Fed: Severe weather impact seen throughout economy
Washington Post - 2:32PM
Why a boost in pickup truck sales means the housing market is in for good news
National Housing Conference - 1:51PM
President's budget shows sequestration's constraints mean housing advocates must unite
www.cfpbmonitor.com - 12:33PM
Study Finds Small Banks "Deeply Affected" by Dodd-Frank
CNBC - 12:24PM
The priciest real estate? Hint: It's not New York
Realtor.Org - 12:24PM
Success in Real Estate and the Latte factor'
info.trulia.com - 11:20AM
Nation's Sixth Largest MLS Signs Direct Data License with TRULIA
DataQuick - 11:18AM
January Seattle Region Home Sales Press Release
Bloomberg - 11:17AM
Lew Calls for Steps to Help Spread Benefits of Economic Growth
CNBC - 11:14AM
Google invests in real estate site Auction.com
CNBC - 8:54AM
US created 139,000 private-sector jobs in Feb. vs. 160,000 estimate: ADP
CNBC - 8:53AM
Flood insurance bill wins House passage
Bloomberg - 8:03AM
Americans Shut Out of Housing Market Threaten Recovery
CNBC - 8:00AM
Slide in rates boosts weekly mortgage applications
CNBC - 7:57AM
Treasurys extend losses as Ukraine fears wane
Reuters - 8:35PM
Bernanke enjoys 'fruits of free market' with first post-Fed speech

Today's Comments

	MBS Live Chat - 1:42PM "How bad would we be getting crushed if the numbers even just came it at projections today? #greenishardwork..."
	MBS Live Chat - 2:02PM "According to the beige book, weather has impacted the economy...."
	MBS Live Chat - 2:18PM "From the "Summary" : Reports from most of the twelve Federal Reserve Districts indicated that economic conditions continued to expand from January to early February. Eight Districts reported improved levels of activity, but in most cases the increases were characterized as modest to moderate. New York..."
	MND NewsWire - 12:14PM "This is interesting as I am working with a private equity firm who's unwinding a $200M portfolio this year. The first basket is in Seattle & the Bay area, roughly $32M in Sales, all single family REO...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.42%

+0.00

15 Yr FRM

3.43%

+0.00

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.27%

-0.01

5/1 Yr ARM

3.24%

+0.01

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

4.53%

0.31

+0.03

15 Yr. Fixed

3.56%

0.28

+0.01

30 Yr. Jumbo

4.47%

0.13

+0.02

30 Yr. FHA

4.17%

0.20

+0.01

5/1 ARM

3.17%

0.31

-0.03

Freddie Mac **

30 Yr. Fixed

4.37%

0.70

+0.04

15 Yr. Fixed

3.39%

0.70

+0.04

1 Yr. ARM

2.52%

0.40

-0.05

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

96-24

+0-02

30YR FNMA 3.5

101-01

+0-01

30YR GNMA 3.0

98-21

+0-03

30YR GNMA 3.5

102-16

+0-02

15YR FNMA 3.0

103-12

+0-01

15YR FNMA 2.5

100-12

+0-01

Treasuries

Yield

Change

2 YR

0.3331%

-0.0038

5 YR

1.5376%

-0.0032

10 YR

2.6995%

-0.0036

30 YR

3.6421%

-0.0087

Prices as of: 3/5/2014 4:32PM 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