Daily Newsletter: Monday April 14, 2014

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30 Year Fixed

                                                                4.37%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.40%
                                                                  
                                                                +0.04

10YR Treasury

                                                                2.64%
                                                                  
                                                                +0.0144

FNMA 30YR 3.5

                                                                101-08
                                                                  
                                                                -0-05

FNMA 15YR 2.5

                                                                103-11
                                                                  
                                                                -0-04

View Today's Rates

Monday April 14, 2014

Mortgage Rate Watch - 3:23PM

Mortgage Rates Snap 7 Day Winning Streak

Mortgage rates finally ended a move lower than began 7 business days earlier on April 3rd. The biggest movement during that time was the Employment Situation data on April 4th. While ...

Community Commentary - 1:36PM

Tax Time Do's and Don'ts For a Smoother Mortgage Process

Here's a special Tax Time edition of Do's and Don'ts for prospective buyers or refinancing homeowners embarking on, or already engaged in the mortgage process. In case it needs to be ...

MBS Commentary - 7:45AM

MBS Week Ahead: Economic Data in Focus on Holiday-Shortened Week

Certainly the past 6 trading days (NFP Friday and every day thereafter) have been strong for bond markets and weak for stocks. The connection between the two has been fairly strong ...

Pipeline Press - 9:03AM

Owning Stock in the Agencies; FHA's HAWK Program; ABA Lending Survey Results

Certainly many statistics are showing us that things continue to pick up. But is the economy doing as well as the Fed thinks it is? If it is, the improvement is certainly not evident ...

Latest Video

Cashin says: Retail sales good, but watch 10-year

Spring housing: A wash?

To selloff ... or not

More News from 'Around the Web'

CFPB - 3:53PM
Explainer: Federal student loan interest rates to jump
CNBC - 3:49PM
Kudlow: Yellen's low-flation nonsense
Calculated Risk Blog - 3:49PM
Housing Tracker Existing Home Inventory up 7.8% year-over-year on April 14th
WSJ - 2:09PM
Hedge Funds Helped Fan Financial Crisis: SF Fed Paper
CNBC - 1:07PM
These 3 surprise factors turned tide for stocks
Reuters - 1:06PM
Lawsuit claims CME gave high-frequency traders special access
CNBC - 1:05PM
US deficit forecast shrinks
WSJ - 12:31PM
Home Sellers' Asking Prices Hit Five-Year High
NY Fed - 12:28PM
New York Fed Survey Shows Consumer Expectations for Labor Market and Household Financial Conditions Improve Slightly
Washington Post - 11:28AM
Americans report a big jump in personal data theft
Reuters - 11:27AM
Consumers' view of U.S. job market brightened in March: NY Fed
CNBC - 10:43AM
Connecticut estate sells for a record $120 million
www.ourbroker.com - 10:41AM
5 Financial Missteps That Can Torpedo A Loan Application
CNBC - 10:38AM
US business inventories point to slower Q1 growth
CNBC - 10:38AM
Don't panic over last week's selloff: floor trader
CNBC - 10:38AM
Housing industry asks $5 triln question
CNBC - 10:06AM
Currency manipulation: The ECB finally said it
CNBC - 8:43AM
Retail sales torrid in March
The Big Picture - 8:23AM
The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities
Reuters - 8:23AM
Housing industry asks $5 trillion question: what does Watt want?

Today's Comments

	MND NewsWire - 12:36AM "I'm sure health care providers, Medicare oriented doctors, and alert personal injury lawyers will now consider it their patriotic duty to singlehandedly raise health care spending whenever possible. Next up, oil company executives will strive to raise energy costs to help the Fed raise inflation to its..."
	MND NewsWire - 9:48AM "Food, energy, and health care---three things that are essential to life as we know it. And food and energy are excluded from their calculations? Why bother to do the calculations at all if this is the case...."
	Community Commentary - 1:49PM "Great article Ted!..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.37%

+0.03

15 Yr FRM

3.40%

+0.04

FHA 30 Year Fixed

4.00%

+0.25

Jumbo 30 Year Fixed

4.15%

+0.04

5/1 Yr ARM

3.25%

+0.01

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%

0.33

+0.00

15 Yr. Fixed

3.62%

0.31

+0.00

30 Yr. Jumbo

4.49%

0.14

+0.03

30 Yr. FHA

4.19%

0.16

-0.02

5/1 ARM

3.26%

0.31

+0.01

Freddie Mac **

30 Yr. Fixed

4.34%

0.70

-0.07

15 Yr. Fixed

3.38%

0.60

-0.09

1 Yr. ARM

2.41%

0.50

-0.04

5/1 Yr. ARM

3.09%

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

97-06

-0-05

30YR FNMA 3.5

101-08

-0-05

30YR GNMA 3.0

99-06

-0-05

30YR GNMA 3.5

102-23

-0-06

15YR FNMA 3.0

103-11

-0-04

15YR FNMA 2.5

100-20

-0-04

Treasuries

Yield

Change

2 YR

0.3710%

+0.0120

5 YR

1.6101%

+0.0328

10 YR

2.6427%

+0.0144

30 YR

3.4893%

+0.0017

Prices as of: 4/14/2014 4:03PM 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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