Daily Newsletter: Mortgage Forgiveness Act in Jeopardy? New Home Sales Up 15.3% Over Last Year

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.40%   -0.01 15 Year Fixed 2.75%   +0.00 10YR Treasury 1.74%   -0.0156 FNMA 30YR 3.5 106.53   +0.05 FNMA 15YR 2.5 105.47   0.00 View Today's Rates

Thursday December 27, 2012 Pipeline Press - 9:57AM Mortgage Forgiveness Act in Jeopardy? Hiring and Retaining Employees the CFPB Way Okay, so here's something entirely un-mortgage related - productivity this week stinks anyway. The kids are back from college, or on vacation from school, many have had great 2012's ... MND NewsWire - 10:57AM New Home Sales Up 15.3% Over Last Year, Inventories Continue Decline The Department of Housing and Urban Development and the U.S. Census Bureau had more good news for housing this morning. Sales of newly constructed single-family houses increased by ... Mortgage Rate Watch - 2:30PM Mortgage Rates Moderately Improved On Fiscal Cliff Headlines Mortgage rates moved slightly lower on Thursday after markets received their first Fiscal Cliff update of the week. Earlier this morning, Senate Majority Leader Harry Reid said that ... MBS Commentary - 4:19PM MBS RECAP: Heading Out Mid-Range, Near Previous Highs MBS Live : MBS Afternoon Market Summary Treasuries put in a better performance than MBS today, thanks to the "flight-to-safety" nature of this morning's rally. As expected, economic ... Case-Shiller Shows Home Prices Up 4.3% From Year Earlier Home Retention Actions were Double Home Forfeitures in Q3 LPS Previews November Mortgage Performance Data Comments on Non-agency Modifications and Stated Loans; Investors Examine Who is Refinancing; A Buyer for Servicing Are Non-agency Loan Mods Coming? Treasury Initiative Rumored; FHA Letter Threatens Standard Reverse Mortgages Latest Video FHA Fail? James Lockhart on Mortgage Market, Fiscal Cliff Big Banks Becoming GSEs of Next Decade, Rosner Says More News from 'Around the Web' Market Watch - 3:08PM House to reconvene on Sunday: reports www.aei.org - 12:23PM The FHA: A home wrecker CNBC - 12:20PM Reid on 'Cliff': 'Looks Like That's Where We're Headed' Washington Post - 10:58AM Mortgage rates for the year at lowest rate since 1947 CNBC - 10:13AM New Home Sales Hit 377,000 in November; Consumer Confidence Plunges Google News - 10:08AM Yes, Mortgage Rates Impact Housing Prices NAR - 9:59AM REALTORS® Expect All States to Post Price Gains in Next 12 Months Business Week - 9:49AM Mortgage-Bond Sales Soar on Fed's Refinance Push www.aei-ideas.org - 8:29AM Why Obama's possible new housing refi plan probably isn't going anywhere CNBC - 10:51PM Geithner Warns US Hits Debt Ceiling Monday CNBC - 10:51PM Government Refi Idea Gets Chilly Reception Today's Comments Mortgage Rate Watch - 5:04PM "From what I've seen, pricing on loans I looked at improved today. Not taking that for granted as any perceived progress on fiscal cliff has the ability to worsen pricing, even if it's something as seemingly inconsequential as a press conference. Locking them as they come in, don't want to gamble with..." MND NewsWire - 5:07PM "Gosh, MIke, sorry you are so offended. Not sure why you would think there's a limited pool of folks eligible to refi with HARP, FHA and VA streams, and the new USDA pilot streamline program out there. Perhaps your marketing plan differs from mine, but there's certainly no shortage of qualified folks..." MBS Live Chat - 1:15PM "REPRICE : 1:15 PM - Plaza Better..." MBS Live Chat - 1:21PM "REPRICE : 1:21 PM - Provident Funding Better..." MBS Live Chat - 1:22PM "30 year fixed only...." Today's Rates Best Execution Rate Change 30 Yr FRM 3.40% -0.01 15 Yr FRM 2.75% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% -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 2.81% 1.00 -0.10 30 Yr. Fixed 3.54% 1.24 -0.08 MBA ** 30 Yr. Fixed 3.50% 0.44 +0.03 15 Yr. Fixed 2.83% 0.26 -0.02 30 Yr. Jumbo 3.73% 0.29 -0.04 30 Yr. FHA 3.34% 0.54 +0.02 5/1 ARM 2.61% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 3.35% 0.70 -0.02 15 Yr. Fixed 2.65% 0.70 +0.00 1 Yr. ARM 2.56% 0.50 +0.04 5/1 Yr. ARM 2.70% 0.70 -0.01 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 3.0 104.78 +0.11 30YR FNMA 3.5 106.53 +0.05 30YR GNMA 3.0 106.20 +0.11 30YR GNMA 3.5 108.56 +0.06 15YR FNMA 3.0 105.47 0.00 15YR FNMA 2.5 104.50 +0.03 Treasuries Yield Change 2 YR 0.2622% -0.0078 5 YR 0.7309% -0.0287 10 YR 1.7355% -0.0156 30 YR 2.9023% -0.0201 Prices as of: 12/27/2012 4:32PM 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

Share This Report Learn More About Co-branding Co-branding: Disabled Co-branding is a powerful and free feature provided to all registered users. Co-branding adds your business and contact information to this report. When a user visits any link in this email, ALL ADS are removed from our website and are replaced with your information. Email:  Forward a copy of this report to a friend Social Media:  Share on Facebook  |  Tweet This  Share on Linked In  |  Share on Google+ Print / PDF:  PDF / Print Report Widgets: + Add Widgets to Your Website (Live News and Mortgage Rates) Web Links:  Link to Report Link here to show your users the latest report. Embed This Report:  Embed Report Embed the latest report on your website.

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. © 2012 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.