Daily Newsletter: Wednesday December 12, 2012

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30 Year Fixed

                                                                3.39%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                2.75%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.70%
                                                                  
                                                                +0.0499

FNMA 30YR 3.5

                                                                106-17
                                                                  
                                                                -0-02

FNMA 15YR 2.5

                                                                105-13
                                                                  
                                                                -0-01

View Today's Rates

Wednesday December 12, 2012

Mortgage Rate Watch - 4:09PM

Mortgage Rates Move Higher Following Fed Announcement

Mortgage rates are higher on average after today's monetary policy announcement from the Federal Reserve. Some lenders adjusted rates higher in the afternoon while others remain on ...

MBS Commentary - 4:54PM

MBS RECAP: Farewell To Calendar Verbiage In Fed Policy

MBS Live : MBS Afternoon Market Summary Today's FOMC Announcement brought some interesting changes to way the Fed will be communicating monetary policy going forward. The most notable ...

MND NewsWire - 5:37PM

TransUnion sees Further Declines in Mortgage Delinquency Rate

TransUnion , one of the nation's major credit reporting bureaus forecasted today that one of the primary consumer credit variables -- mortgage delinquency rates - will continue to decline ...

MND NewsWire - 1:32PM

FHFA's Cross Announces Retirement

Stephen Cross , Deputy Director of the Division of Federal Home Loan Bank (FHLBank) Regulation of the Federal Housing Finance Agency (FHFA) will retire from his post In March. . Cross ...

MND NewsWire - 9:18AM

Mortgage Applications Increase in Wake of Record Low Rates

Record lows in interest rates were accompanied by an increase in mortgage refinancing activity during the week ended December 7. The Mortgage Bankers Association reports that its Market ...

Latest Video

Bernanke Answer Questions on the Economy

Fed Pegs Decision to Unemployment

Dimon Speaks Out on 'Fiscal Cliff'

More News from 'Around the Web'

www.freddiemac.com - 2:26PM
Freddie Mac: Uniform Mortgage Servicing Dataset Overview
www.corelogic.com - 2:09PM
CoreLogic: Economic Impact of Residential Investment in the Post-Recession Housing Market
Federal Reserve - 2:03PM
Federal Reserve Board and Federal Open Market Committee release economic projections from the December 11-12 FOMC meeting
Washington Post - 1:45PM
Huge news out of the Federal Reserve
WSJ - 2:02PM
Home Builders Seen Tapping Public Market
Boston Fed - 5:34PM
Bank Deregulation and Racial Inequality in America
CNBC - 1:28PM
Best US Housing Markets for Buyers and Sellers
CRL - 10:19AM
Lending in America: Predatory Practices Persist

Today's Comments

	MBS Live Chat - 4:36PM "well, atleast we had a few hours b4 the rp's hit...thanks to the live streams and update provided through MBS Live!..."
	MND NewsWire - 3:23PM "Let's see, we're at the cusp of a fiscal meltdown, with uncertainty on future tax hikes and government austerity measures, not to mention the debt ceiling debate (which hasn't even entered the discussion yet), and now we want to throw principal reductions into it as well? First and foremost, principal..."
	MBS Live Chat - 3:29PM ""Reduction in MBS Yields is not being passed through" - Bernanke..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.39%

+0.01

15 Yr FRM

2.75%

+0.00

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.59%

+0.01

5/1 Yr ARM

3.00%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

2.91%

0.89

-0.12

30 Yr. Fixed

3.62%

1.22

-0.14

MBA **

30 Yr. Fixed

3.47%

0.36

-0.05

15 Yr. Fixed

2.85%

0.26

-0.01

30 Yr. Jumbo

3.77%

0.35

-0.02

30 Yr. FHA

3.32%

0.51

-0.02

5/1 ARM

2.63%

0.34

+0.01

Freddie Mac **

30 Yr. Fixed

3.34%

0.70

+0.02

15 Yr. Fixed

2.67%

0.60

+0.03

1 Yr. ARM

2.55%

0.40

-0.01

5/1 Yr. ARM

2.69%

0.60

-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

104-24

-0-06

30YR FNMA 3.5

106-17

-0-02

30YR GNMA 3.0

106-06

-0-05

30YR GNMA 3.5

108-17

-0-01

15YR FNMA 3.0

105-13

-0-01

15YR FNMA 2.5

104-12

-0-02

Treasuries

Yield

Change

2 YR

0.2460%

+0.0040

5 YR

0.6538%

+0.0176

10 YR

1.7040%

+0.0499

30 YR

2.8982%

+0.0579

Prices as of: 12/12/2012 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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