Daily Newsletter: Monday April 7, 2014

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30 Year Fixed

                                                                4.44%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.45%
                                                                  
                                                                -0.04

10YR Treasury

                                                                2.70%
                                                                  
                                                                -0.0308

FNMA 30YR 3.5

                                                                101-03
                                                                  
                                                                +0-09

FNMA 15YR 2.5

                                                                103-03
                                                                  
                                                                +0-04

View Today's Rates

Monday April 7, 2014

MND NewsWire - 12:22PM

Despite Record Low Mortgage Originations, "Significant Opportunity to Grow"

Black Knight Financial Services said that mortgage originations at the end of February were at the lowest levels in at least 14 years , as far back as the company has kept records. ...

MND NewsWire - 11:00AM

Scorecard Shows Home Price Recovery Ahead of Projections

The Obama Administration's February Housing Scorecard, just released, harkens back to those not so thrilling days of yesteryear, using data from several sources to contend that the ...

MND NewsWire - 1:30PM

Fannie Survey Hints at Warmer Spring for Housing

Fannie Mae sees results from its most recent National Housing Survey (NHS) as possibly portending a pickup in home buying and selling activity this spring. Results of the survey show ...

Mortgage Rate Watch - 3:19PM

Mortgage Rates Continue to 3-Week Lows

Mortgage rates fell again today, bringing them to levels not seen since March 18th for many lenders. While there was no significant economic data today, rates benefited in part from ...

Latest Video

Mortgage originations & the first time home buyer

New mortgages hit 14-year low

Why unemployment numbers are so confusing

More News from 'Around the Web'

CNBC - 4:09PM
Government isn't hindering the recovery: Insana
WSJ - 4:09PM
Women Have Recovered Jobs Lost in Recession, Men Haven't
Realtor.Org - 3:44PM
NAR: Many FHA Documents Can Now Be Signed Electronically
WSJ - 3:43PM
Homebuyer Traffic in March Was Down From Last Year
CNBC - 3:23PM
Consumer credit rose $16.49 billion in February, beating estimates of a $14.09 billion increase
finance.yahoo.com - 2:45PM
New group wants investors protected in Fannie, Freddie wind-down
blog.redfin.com - 2:19PM
5 Ways to Up Your Home's Spring Curb Appeal
Reuters - 1:53PM
Bank of America, QBE to settle insurance lawsuit for $228 million
American Bankers Assoc. - 1:02PM
New Mortgage Rules Restrict Credit Availability: ABA Survey
CNBC - 1:02PM
Bond death cross looms: What it may mean
CNBC - 1:02PM
Divided housing recovery is all for the 'haves'
CNN - 11:46AM
Senate to extend jobless benefits
CNBC - 11:46AM
Here come the wintery earnings excuses
Fannie Mae - 10:48AM
Fannie Mae: Housing Activity Loses Some Steam, But Positive Signs Crop Up
NAHB - 10:48AM
Latest NAHB Index Reading Shows Recovery Continues to Spread
www.cfpbmonitor.com - 9:25AM
House to hold hearing on economic consequences of actions taken by CFPB and other federal regulators
www.lpsvcs.com - 9:12AM
Black Knight's February Mortgage Data: Monthly Loan Originations Lowest on Record
Bloomberg - 8:29AM
Fannie-Freddie Elimination Model in Apartments: Mortgages - Bloomberg
CNBC - 8:26AM
Tech stock sell-off weighs on US futures

Today's Comments

	MBS Live Chat - 9:25AM "So many complicated pieces to this. I don't see how the Fed gets out of ZIRP without inflicting pain...."
	MBS Live Chat - 9:47AM "I like our exponential graph this morning..."
	MBS Live Chat - 12:41PM "Anyone ever get a call from a company called IGM asking to place you on the 1st page of any BING or YAHOO mortgage loan search for "your area"?..."
	MBS Live Chat - 12:42PM "DANGER, HUGH, DANGER. Those folks deliver NOTHING!!..."
	MBS Live Chat - 12:44PM "I get so many solicitation calls, its ridiculous..."
	MBS Live Chat - 12:51PM "Boy, from my Real Time Chart on the left to my Real Time Pricing Box in the middle to my Live Chat box on the right it's nothing but GREEN from left to right! Nice..."

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.44%

-0.04

15 Yr FRM

3.45%

-0.04

FHA 30 Year Fixed

4.00%

-0.05

Jumbo 30 Year Fixed

4.21%

-0.03

5/1 Yr ARM

3.21%

-0.02

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

97-00

+0-08

30YR FNMA 3.5

101-03

+0-09

30YR GNMA 3.0

98-26

+0-09

30YR GNMA 3.5

102-13

+0-07

15YR FNMA 3.0

103-03

+0-04

15YR FNMA 2.5

100-15

+0-04

Treasuries

Yield

Change

2 YR

0.3988%

-0.0158

5 YR

1.6775%

-0.0247

10 YR

2.6953%

-0.0308

30 YR

3.5548%

-0.0323

Prices as of: 4/7/2014 4:11PM 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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