Daily Newsletter: Consumers More Upbeat on Housing than Economy; Mortgage Rates Multi-Month Highs

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30 Year Fixed 3.63%   +0.03 15 Year Fixed 2.95%   +0.03 10YR Treasury 2.00%   +0.0538 FNMA 30YR 3.5 105.30   -0.22 FNMA 15YR 2.5 105.09   -0.08 View Today's Rates

Thursday March 7, 2013 MND NewsWire - 11:55AM Consumers More Upbeat on Housing than Broader Economy Americans are feeling much better about housing than they do about the economy as a whole judging by their responses to the February National Housing Survey . The survey, conducted ... MND NewsWire - 3:57PM Unintended Consequences of Judicial vs Non-Judicial Foreclosure The Lender Processing Services (LPS) Mortgage Monitor for January which was released on Thursday takes a detailed look at what it calls the "Time to Clear" default backlog and what ... Mortgage Rate Watch - 3:22PM Mortgage Rates Close To Multi-Month Highs Ahead Of Important Jobs Data Mortgage rates moved relentlessly higher for the fourth straight day on Thursday, bringing them close to the seven month highs last seen in mid-February. This comes as the result of ... MBS Commentary - 4:29PM MBS RECAP: One-Two Punch From Draghi and Jobless Claims Ahead of NFP MBS Live : MBS Afternoon Market Summary It's happened before and it will happen again in all likelihood, it will happen again. ECB meetings tend to fall on the first Thursday of the ... Credit Unions Have Good Year; Refresher on Types of Loans Under Qualified Mortgage Concept Foreign-Born Households will Drive Homeowner and Rental Markets this Decade Refinancing Actvity Surges Back to January Levels on Lower Rates Sequester or Not Housing Recovery to Bode Well for Employment MBA's Stevens Critical of FHFA Securitization Platform Proposal Home Prices Rise 9.7%, Largest Annual Gain Since 2006: CoreLogic Latest Video Bank Stress Tests Ara Hovnanian: Fed Won't Derail Housing Renaissance Santelli: Reforming Government-Sponsored Enterprises More News from 'Around the Web' Business Week - 7:11PM Fisher Says Fed Should Taper Asset Purchases as Housing Gains Business Week - 7:10PM Fed Stress Tests Show 17 of 18 Banks Weathering Severe Recession Federal Reserve - 7:00PM Federal Reserve releases summary results of bank stress tests freddiemac.mwnewsroom.com - 4:11PM Freddie Mac Issues Monthly Volume Summary for January 2013 CNBC - 4:01PM Hovnanian: Housing Market Is About to Get Moving NAHB - 3:30PM Fourth Quarter Indices Show Continued Improvement for Apartment and Condominium Market Reuters - 3:29PM Libor bank probes at advanced stage: EU antitrust official Bloomberg - 2:19PM Nationstar Mortgage Sued in New York by Investor Over Loan Sale Washington Post - 2:19PM Austerity vs. the housing recovery: Which is a bigger deal for jobs? CNBC - 2:18PM 'We're in Nirvana for Housing': Ivy Zelman Reuters - 1:04PM Fitch: Regulators Have Room to Spur Private U.S. Mortgage Market House Financial Services - 12:12PM INFOGRAPHIC: The Government Housing Policy-Driven Fall of Fannie Mae & Freddie Mac Today's Comments MND NewsWire - 4:06PM "I find it funny that the direction of the country get better, right around election time and then once its over. The direction goes back down! But int the end, I think housing is due for a turn-around!!! Have a good day,..." MBS Live Chat - 3:26PM "REPRICE : 3:26 PM - Flagstar Worse..." MBS Live Chat - 3:14PM "REPRICE : 3:14 PM - Sierra Pacific Worse..." MBS Live Chat - 1:57PM "brent, here is that trimtabs showing their est compared to nfp, http://trimtabs.com/blog/2013/01/30/trimtabs-estimates-u-s-economy-adds-135000-155000-jobs-in-january-impact-of-bonus-shifting-makes-our-estimate-more-difficult-to-make-than-usual-for-second-consecutive-month/..." Recent Q & A "Starting A mortgage office?" "Is a real estate license required" "reinstatement of title deed to my name" Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.03 15 Yr FRM 2.95% +0.03 FHA 30 Year Fixed 3.36% +0.03 Jumbo 30 Year Fixed 3.79% +0.02 5/1 Yr ARM 3.02% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.78% 0.76 +0.08 30 Yr. Fixed 3.53% 1.11 +0.06 MBA ** 30 Yr. Fixed 3.70% 0.39 -0.07 15 Yr. Fixed 2.96% 0.36 -0.07 30 Yr. Jumbo 3.80% 0.37 -0.13 30 Yr. FHA 3.47% 0.33 -0.07 5/1 ARM 2.55% 0.37 -0.10 Freddie Mac ** 30 Yr. Fixed 3.52% 0.70 +0.01 15 Yr. Fixed 2.76% 0.70 +0.00 1 Yr. ARM 2.63% 0.30 -0.01 5/1 Yr. ARM 2.63% 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 3.0 102.80 -0.34 30YR FNMA 3.5 105.30 -0.22 30YR GNMA 3.0 104.03 -0.34 30YR GNMA 3.5 107.27 -0.20 15YR FNMA 3.0 105.09 -0.08 15YR FNMA 2.5 103.55 -0.16 Treasuries Yield Change 2 YR 0.2540% +0.0040 5 YR 0.8544% +0.0483 10 YR 1.9965% +0.0538 30 YR 3.2016% +0.0467 Prices as of: 3/7/2013 4:31PM 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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