Daily Newsletter: Tuesday March 25, 2014

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30 Year Fixed

                                                                4.51%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.52%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.75%
                                                                  
                                                                +0.0181

FNMA 30YR 3.5

                                                                100-14
                                                                  
                                                                -0-00

FNMA 15YR 2.5

                                                                102-19
                                                                  
                                                                -0-01

View Today's Rates

Tuesday March 25, 2014

MND NewsWire - 10:56AM

New Home Sales Turn Negative Year-Over-Year, First Time Since 2011

After rising by a revised 3.2 percent January, New Home Sales fell 3.3 percent in February according to data released today by The Census Bureau and the Department of Housing and Urban ...

MND NewsWire - 9:46AM

Fannie Mae and Freddie Mac must not Die: Bove

The current plan to wind down Fannie Mae and Freddie Mac would result in lower housing prices for everyone. It would harm the United States economy by lowering growth. It would increase ...

Mortgage Rate Watch - 4:25PM

Mortgage Rates Unchanged and Lacking Inspiration

Mortgage rates were slightly higher for some lenders today, but lower for others--holding perfectly flat on average . There were no major disruptions in financial markets today, but ...

Pipeline Press - 9:47AM

Mortgage Insurance Cancellation and Master Policies; FTC Guidance on Background Checks

Citibank , N.A., is strategically adding new correspondent sellers for delegated and non-delegated delivery. Citi offers competitive pricing with additional incentives for CRA eligible ...

Latest Video

Robert Shiller: Worry housing will weaken more

Don't see meltdown coming, but a correction: Pro

Santelli: 10-year & 30-year yields stuck

More News from 'Around the Web'

CNBC - 4:54PM
John Paulson is back in the mortgage business
Bloomberg - 4:54PM
Redwood Returns to Mortgage-Bond Market With $342 Million Deal - Bloomberg
Reuters - 3:53PM
Rate rise only when Fed certain U.S. recovery well under way: Fisher
The Huffington Post - 2:39PM
Housing Watchdog Slams Massive Property Inspection Industry
CNBC - 2:37PM
IRS: Bitcoin treated as property not currency
CNBC - 2:04PM
Housing's mixed signals: Bubble or not?
CNBC - 1:13PM
Housing's mixed signals: Are we in a bubble or not?
Reuters - 12:19PM
U.S. banks enjoy 'too-big-to-fail' advantage: Fed study
CNBC - 12:18PM
Is it time for boomers to start selling?
time.com - 11:44AM
Here's One Way to be Optimistic About Crappy Housing Data
WSJ - 11:44AM
There's No Housing Bubble, but Places Like California Starting to Look Frothy
CNBC - 11:00AM
Now could be the time for baby boomers to sell
Reuters - 10:41AM
U.S. consumer confidence hits six-year high in March
Reuters - 10:41AM
New home sales fall to five-month low
blog.redfin.com - 9:56AM
Redfin Agents Predict Housing Market Will Be More Competitive This Spring Than Last Year
FHFA - 9:54AM
FHFA House Price Index Up 0.5 Percent in January
Reuters - 9:54AM
U.S. home prices rise in January: S&P/Case-Shiller
CNBC - 9:38AM
Houses are about to get really, really smart
CNBC - 9:38AM
Will the American Dream still include owning a home?
www.cfpbmonitor.com - 8:53AM
CFPB releases report on employee reviews

Today's Comments

	MBS Live Chat - 9:16AM "I agree with that OO, it won't be straight line down though, but overall trend will be for lower long end rates..."
	MBS Live Chat - 9:19AM "That is quite a drop from current levels. last time we saw 2.25 on the way down was April '12..."
	MBS Live Chat - 9:19AM "we'll see 2.25 before 3.25..."
	MBS Live Chat - 9:22AM "JT - folks in Michigan thought I was crazy when I sparked the 2.25% conversation 4 months ago. I think your assesment is right on..."
	MBS Live Chat - 9:22AM "going to take quite a shock to break this current 2.60-3.00 range we have seen since3 mid Nov..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.51%

+0.00

15 Yr FRM

3.52%

+0.01

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.30%

-0.01

5/1 Yr ARM

3.25%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.80%

1.10

+0.13

30 Yr. Fixed

4.67%

1.44

+0.13

MBA **

30 Yr. Fixed

4.52%

0.29

+0.05

15 Yr. Fixed

3.53%

0.28

+0.01

30 Yr. Jumbo

4.41%

0.20

+0.04

30 Yr. FHA

4.18%

0.21

+0.05

5/1 ARM

3.18%

0.36

+0.09

Freddie Mac **

30 Yr. Fixed

4.32%

0.60

-0.05

15 Yr. Fixed

3.32%

0.60

-0.06

1 Yr. ARM

2.49%

0.40

+0.01

5/1 Yr. ARM

3.02%

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

96-08

-0-01

30YR FNMA 3.5

100-14

-0-00

30YR GNMA 3.0

98-02

-0-03

30YR GNMA 3.5

101-25

-0-02

15YR FNMA 3.0

102-19

-0-01

15YR FNMA 2.5

99-25

-0-03

Treasuries

Yield

Change

2 YR

0.4291%

-0.0079

5 YR

1.7324%

+0.0018

10 YR

2.7498%

+0.0181

30 YR

3.5940%

+0.0272

Prices as of: 3/25/2014 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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