Daily Newsletter: Wednesday October 3, 2012

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30 Year Fixed

                                                                3.30%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                2.75%
                                                                  
                                                                +0.00

10 Year Treasury

                                                                1.6146%
                                                                  
                                                                -0.0052

FNMA 30YR 3.5

                                                                107-08
                                                                  
                                                                -0-06

FNMA 15YR 2.5

                                                                106-01
                                                                  
                                                                0-00

View Today's Rates

October 3, 2012

MND NewsWire - 4:47PM

What's in a Credit Score? More than You Might Think, and It's Constantly Changing

Editor's note : DataQuick®, a provider of advanced real estate information solutions recently announced that Gordon Crawford, Ph.D. had joined their firm as vice president of Analytics ...

MND NewsWire - 12:25PM

Mortgages Being Paid Off At Fastest Pace Since 2005

Mortgages were prepaid at a higher rate in August than at any time since 2005 according to the August Mortgage Monitor report issued by Lender Processing Services (LPS) on Wednesday ...

Pipeline Press - 10:44AM

Flagstar's Leadership Change; Big Lawsuits and Settlements; Private MI News; Lock Desks Busy!

There are some stirrings out there that are raising some eyebrows. Jungle drums pounding about a whispered 30% pay cut for many at Genworth ... telegraph wires humming over a rumored ...

MND NewsWire - 8:49AM

Refinancing Level at Three Year High on Record Low Rates

Record low interest rates prompted a surge in mortgage applications during the week ended September 28. The Mortgage Bankers Association (MBA) said that its Market Composite Index, ...

Mortgage Rate Watch - 3:39PM

Mortgage Rates Hold Steady As Employment Report Looms

Mortgage rates held steady on Wednesday despite slightly weaker levels in the underlying secondary mortgage market. Prices of the mortgage-backed securities that most directly affect ...

Latest Video

Santelli's Midday Bond Report

Treasury's Brainard on Outlook for Europe

JPMorgan Lawsuit a `Big Yawn,' Cohan Says

More News from 'Around the Web'

The Huffington Post - 4:09PM
PHOTOS: Scenes From The American Housing Crisis
NMLS - 3:44PM
Oklahoma Department of Banking announces participation in NMLS
www.freddiemac.com - 3:43PM
Freddie Mac: Updates to Performance Measurements, Violations, and Remedies
www.freddiemac.com - 3:42PM
Freddie Mac: New Servicing Remedies and Compensatory Fees
www.lpsvcs.com - 10:14AM
LPS' August Mortgage Monitor: Data Shows Loan Prepayment Activity Highest Since 2005
Bloomberg - 9:56AM
U.S. Mortgage Prepayment Rate Reaches Highest Level Since 2005
CNBC - 7:51AM
Mortgage Applications Jumped Last Week

Today's Comments

	MBS Commentary - 4:46PM "From Thomson Reuters. You can request more information about that at the "LEARN MORE" link at the top of the screen in the "SECONDARY MARKETING MANAGERS" box...."
	MBS Commentary - 1:49PM "Where would I be able to find the live data for the blue line (MBS Yield) in the graph above?..."
	MBS Live Chat - 10:18AM "gm all...if client is buying a unit in 6 unit building and his purchase will bring o/o concentration to 50% is this warrantable?..."
	MBS Live Chat - 10:23AM "no, u need 70% o/o for warrantability, 51% presold or closed..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.30%

-0.01

15 Yr FRM

2.75%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.80%

-0.01

5/1 Yr ARM

3.00%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.97%

1.12

-0.14

30 Yr. Fixed

3.74%

1.20

-0.10

MBA **

30 Yr. Fixed

3.53%

0.35

-0.10

15 Yr. Fixed

2.90%

0.27

-0.08

30 Yr. Jumbo

3.82%

0.32

-0.05

30 Yr. FHA

3.37%

0.36

-0.07

5/1 ARM

2.59%

0.34

-0.02

Freddie Mac **

30 Yr. Fixed

3.40%

0.60

-0.09

15 Yr. Fixed

2.73%

0.60

-0.04

1 Yr. ARM

2.60%

0.40

-0.01

5/1 Yr. ARM

2.71%

0.60

-0.05

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

105-25

-0-05

30YR FNMA 3.5

107-08

-0-06

30YR GNMA 3.0

107-14

-0-04

30YR GNMA 3.5

109-18

-0-09

15YR FNMA 3.0

106-01

0-00

15YR FNMA 2.5

105-09

-0-03

Treasuries

Yield

Change

2 YR

0.2342%

-0.0040

5 YR

0.6027%

-0.0127

10 YR

1.6146%

-0.0052

30 YR

2.8160%

+0.0016

Prices as of: 10/3/2012 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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