| Tuesday January 22, 2013 MND NewsWire - 3:50PM A senator has asked federal banking regulators to simplify and align underwriting standards for so-called Qualified Residential Mortgages (QRM) with those for Qualified Mortgages (QM ... Mortgage Rate Watch - 3:30PM Earlier this month, I did an interview with the San Francisco Chronicle about repeat no-cost refinancing in a declining rate environment. The piece came out January 4, the day after ... MND NewsWire - 1:20PM The Harvard Joint Center of Housing Studies recently released a study on the impact of the housing crisis on low-income and minority communities and what can be done to improve their ... MND NewsWire - 11:28AM Existing homes sold in December at a seasonally adjusted annual rate of 4.94 million homes according to the National Association of Realtors®. This is a 1.0 percent reduction in ...  | "RTRS- WHITE HOUSE SAYS SHOULD RAISE DEBT LIMIT OVER LONG TERM TO AVOID UNCERTAINTY; BUT REPUBLICAN PLEDGE RECENTLY TO RAISE DEBT CEILING IN THE SHORT TERM IS POSITIVE..." |  | "Steer my clients to higher rate loans so I can earn a higher commission? Are you crazy? How am I, a fully CA-DRE and NMLS licensed mortgage broker, supposed to stay in business if I do that to my clients? I have been originating loans for 30+ years. My business is based on referrals from satisfied clients..." |  | "Allowing Loan Officers to be paid commissions on the volume of loans originated is the greatest victory here. My biggest fear was that my earnings were no longer to be commensurate with my production and that would have been an American tragedy. All I've been hearing lately is salary or hourly; take..." |  | "We as a society should instead determine when, how much and why these agents of the govt. get paid - who do they think they work for, anyway? Just another assault on our free market principles, liberties and freedoms...." |  | "I have been lending for over 25 years and I did not take advantage and overcharge my borrowers. You are all correct and unfortunately, it is true, the borrowers are going to lose now, once again. I am now working for a bank, tied up in regulation and clock ticking dates that prevent me from earning a..." | | | Today's Rates | 30 Yr FRM | 3.49% | -0.01 | | 15 Yr FRM | 2.81% | -0.02 | | FHA 30 Year Fixed | 3.24% | -0.01 | | Jumbo 30 Year Fixed | 3.69% | -0.02 | | 5/1 Yr ARM | 3.00% | -0.01 | | | Average Mortgage Rates | 15 Yr. Fixed | 2.81% | 1.00 | -0.10 | | 30 Yr. Fixed | 3.54% | 1.24 | -0.08 | | 30 Yr. Fixed | 3.61% | 0.41 | +0.09 | | 15 Yr. Fixed | 2.88% | 0.39 | +0.02 | | 30 Yr. Jumbo | 3.78% | 0.38 | +0.03 | | 30 Yr. FHA | 3.35% | 0.69 | +0.01 | | 5/1 ARM | 2.64% | 0.37 | -0.01 | | 30 Yr. Fixed | 3.38% | 0.70 | -0.02 | | 15 Yr. Fixed | 2.66% | 0.70 | +0.00 | | 1 Yr. ARM | 2.57% | 0.40 | -0.03 | | 5/1 Yr. ARM | 2.67% | 0.60 | +0.00 | * FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets | 30YR FNMA 3.0 | 104.17 | +0.03 | | 30YR FNMA 3.5 | 106.02 | -0.02 | | 30YR GNMA 3.0 | 105.20 | +0.03 | | 30YR GNMA 3.5 | 108.00 | -0.02 | | 15YR FNMA 3.0 | 105.23 | +0.02 | | 15YR FNMA 2.5 | 104.06 | +0.02 | | 2 YR | 0.2464% | -0.0079 | | 5 YR | 0.7548% | -0.0065 | | 10 YR | 1.8399% | +0.0018 | | 30 YR | 3.0240% | -0.0008 | | Prices as of: 1/22/2013 4:32PM EST | 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 | |
