Daily Newsletter: Thursday April 3, 2014

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30 Year Fixed

                                                                4.55%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.53%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.79%
                                                                  
                                                                -0.0110

FNMA 30YR 3.5

                                                                100-10
                                                                  
                                                                +0-05

FNMA 15YR 2.5

                                                                102-20
                                                                  
                                                                +0-03

View Today's Rates

Thursday April 3, 2014

MND NewsWire - 12:46PM

Whistleblower Claims Cordray Called to say "Back Down." FSC Not Amused

The Consumer Financial Protection Bureau (CFPB) was assailed by Republican members of the House Financial Services Committee (FSC) and by two witnesses for what was termed "a culture ...

MND NewsWire - 9:25AM

Shadow Inventory Quickly Evaporating

There were a total of 43,000 completed foreclosure in February, CoreLogic said today. This was 15 percent fewer than in February 2013 when foreclosures numbered 51,000. It was also ...

Mortgage Rate Watch - 3:34PM

Mortgage Rates Little Changed Ahead of Important Jobs Report

Mortgage rates barely budged today, but the little movement seen was positive on average. Keep in mind though, that means that some lenders were unchanged or slightly higher in rate ...

Pipeline Press - 9:22AM

CFPB Hearing on Discrimination & RESPA TILA Information; State Lawsuit Involving Dodd-Frank

Jeff O. writes, "When I saw the title 'Ellie Mae's outage' I thought that perhaps it involved my beloved Beverly Hillbillies star. That would have had major implications for many young ...

Latest Video

All at the speed of interest rates

Santelli: Yield flattening continues

Futures Now: Bond positioning

More News from 'Around the Web'

CNBC - 3:57PM
Pimco pro: Stocks will beat bonds this year
Washington Post - 2:47PM
Fed Gov. Jeremy Stein is resigning. Here are his greatest hits.
CNBC - 2:42PM
3 reasons small biz wants to hire
NAHB - 2:40PM
NAHB Supports Senate Bill that Addresses "Patent Trolls"
CNBC - 2:39PM
Rent a home or buy? Depends where you live
CNBC - 12:58PM
So long, winter! Vacation homes heating up
www.cfpbmonitor.com - 12:57PM
CFPB employee testifies at House hearing on alleged CFPB employee discrimination
Market Watch - 12:21PM
Market Extra: Bond market could forget about long-term jobless
WSJ - 12:21PM
Fannie, Freddie Overhaul Will Translate Into Higher Mortgage Rates
Federal Reserve - 11:27AM
Jeremy C. Stein submits resignation as a member of the Board of Governors, effective May 28, 2014
Federal Reserve - 11:27AM
Federal Reserve Board announces termination of enforcement action with Flagler Bank
Reuters - 11:27AM
'Bond King' Gross writes an ode to his dead cat, Bob
CNBC - 10:19AM
US services sector expands in March
www.gallup.com - 9:13AM
U.S. Payroll to Population Rate 42.7% in March
The Big Picture - 9:12AM
Have GSEs Fully Repaid the Treasury?
Reuters - 9:09AM
Jobless claims rise more than expected
Reuters - 9:09AM
Trade deficit widens as exports fall
Market Watch - 9:09AM
Treasury prices hold slight gains after data
www.cfpbmonitor.com - 9:07AM
CFPB issues second annual complaints report
www.cfpbmonitor.com - 9:07AM
CFPB launching community financial education project

Today's Comments

	MBS Live Chat - 12:40PM "Does anyone here use more than one credit repository? And if so, do you notice different credit scores amongst them?..."
	MBS Live Chat - 12:52PM "MG - I assume you mean credit vendor? There shouldn't be an actual difference in the scores between two...."
	MBS Live Chat - 12:52PM "unfortunately something the scores are slightly different..."
	MBS Live Chat - 2:30PM "who has the best apr calculating site? using it for scnearios on a flyer..."
	MBS Live Chat - 2:32PM "Donhttp://http://mndne.ws/1ik6EZl..."
	MBS Live Chat - 2:39PM "That's actually very handy, Hugh -- I'm happy to have lurked in the chat box today. Thanks...."
	MBS Live Chat - 2:42PM "Love all this green today...."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.55%

-0.01

15 Yr FRM

3.53%

-0.01

FHA 30 Year Fixed

4.12%

+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

4.56%

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

4.41%

0.70

+0.01

15 Yr. Fixed

3.47%

0.60

+0.05

1 Yr. ARM

2.45%

0.40

+0.01

5/1 Yr. ARM

3.12%

0.50

+0.02

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

96-07

+0-05

30YR FNMA 3.5

100-10

+0-05

30YR GNMA 3.0

98-00

+0-05

30YR GNMA 3.5

101-22

+0-03

15YR FNMA 3.0

102-20

+0-03

15YR FNMA 2.5

99-29

+0-05

Treasuries

Yield

Change

2 YR

0.4580%

+0.0001

5 YR

1.7894%

-0.0032

10 YR

2.7917%

-0.0110

30 YR

3.6231%

-0.0224

Prices as of: 4/3/2014 4:02PM 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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