Daily Newsletter: Friday March 28, 2014

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30 Year Fixed

                                                                4.49%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.51%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.72%
                                                                  
                                                                +0.0343

FNMA 30YR 3.5

                                                                100-19
                                                                  
                                                                -0-07

FNMA 15YR 2.5

                                                                102-22
                                                                  
                                                                -0-05

View Today's Rates

Friday March 28, 2014

MND NewsWire - 2:34PM

A Look at Housing’s One-Percenters

CoreLogic Chief Economist Mark Fleming suggests that an examination of housing's one-percenters might be as valuable an analysis as a glance at that segment's income and/or wealth distribution ...

Pipeline Press - 9:13AM

The CFPB on payday lending & FCRA; increasing focus on 2nds and HELOCs - are we talking not enough or too much?

My cats Myrtle and Gusto are keenly aware that I use a credit card to buy their salmon-infused kibble when it runs low. And so they were very interested to learn that JPMorgan reported ...

Mortgage Rate Watch - 5:19PM

Mortgage Rates Higher Today, but Lower on the Week

Mortgage rates finally experienced a correction to the 5-day winning streak that had carried them lower after last week's spike. On a slightly unsatisfying note, the winning streak ...

MBS Commentary - 4:53PM

MBS RECAP: Bond Markets Correct Bullish Run, More Neutral for NFP Week

If you'd like to reduce this week's activity to a very basic concept and seek to explain just about everything we've seen in the past week as a function of that concept, that's probably ...

Latest Video

RE/MAX CEO: There's a lot of buyers out there

Santelli: The chart that matters

The Week Ahead: March jobs report

More News from 'Around the Web'

www.aei-ideas.org - 4:27PM
How is the real US economy doing?
Reuters - 4:26PM
Fed's George wants end to zero rates, does not say when
Market Watch - 2:19PM
Jennifer Openshaw: A Craigslist for lenders and borrowers
CNBC - 12:39PM
Housing in recovery, but not its stocks
Market Watch - 11:22AM
The Technical Indicator: S&P 500 survives another retest of major support
blog.redfin.com - 11:22AM
10 Home Projects that Can Increase Value
blog.redfin.com - 11:22AM
Spring Maintenance Checklist for Homeowners
WSJ - 10:18AM
Americans Must Adjust to a World Dominated by China Fed's Bullard
WSJ - 10:18AM
Fed in No Hurry to Decide Mechanics of Rate Increases
WSJ - 10:18AM
Inflation Slows Again, Bouncing Around Four-Year Low
CNBC - 10:08AM
Consumer sentiment hits 80 in March vs. 80.5 estimate
House Financial Services - 9:38AM
Oversight and Investigations Subcommittee Chairman McHenry Responds to CFPB Refusal to Attend Hearing
CNBC - 9:24AM
Fed official: No rate rise until 2015
CNBC - 9:22AM
Home improvements with the most bang for the buck
Market Watch - 8:41AM
Institutional investors cool on housing market
CNBC - 8:40AM
US bond yields boosted by China stimulus hopes
Bloomberg - 12:22AM
Freddie-Fannie, Money Markets, Bank Conflicts: Compliance - Bloomberg
Bloomberg - 12:22AM
Treasuries Head for First Monthly Loss This Year on Fed Outlook - Bloomberg
Reuters - 9:19PM
Judge rules Goldman must face lawsuit over mortgage securities

Today's Comments

	MBS Live Chat - 3:38PM "who is locking in?..."
	MBS Live Chat - 3:39PM "play defense next week..."
	MBS Live Chat - 3:41PM "I believe we'll see selling into NFP on Friday, I personally think pricing is the best it will be until at least Friday...."
	MBS Live Chat - 3:42PM "We've been in a downward price channel for about a month now and we're bumping up on the upper bound of that channel. I would think seriously about protecting what we have right now...."
	MBS Live Chat - 3:43PM "brent nailed it. i'd be very cautious with advice to clients leading up to 4/4..."
	MBS Live Chat - 3:52PM "my only hesitation of locking today is that Monday is the last day of the month...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.49%

+0.03

15 Yr FRM

3.51%

+0.02

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.27%

+0.02

5/1 Yr ARM

3.23%

+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

4.56%

0.29

+0.06

15 Yr. Fixed

3.62%

0.24

+0.10

30 Yr. Jumbo

4.45%

0.27

+0.06

30 Yr. FHA

4.16%

0.23

+0.03

5/1 ARM

3.22%

0.32

+0.13

Freddie Mac **

30 Yr. Fixed

4.40%

0.60

+0.08

15 Yr. Fixed

3.42%

0.60

+0.10

1 Yr. ARM

2.44%

0.40

-0.05

5/1 Yr. ARM

3.10%

0.50

+0.08

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

96-16

-0-06

30YR FNMA 3.5

100-19

-0-07

30YR GNMA 3.0

98-10

-0-05

30YR GNMA 3.5

102-01

-0-05

15YR FNMA 3.0

102-22

-0-05

15YR FNMA 2.5

99-30

-0-01

Treasuries

Yield

Change

2 YR

0.4535%

+0.0039

5 YR

1.7479%

+0.0279

10 YR

2.7226%

+0.0343

30 YR

3.5481%

+0.0193

Prices as of: 3/28/2014 4:30PM 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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