Daily Newsletter: Reverse Mortgage Lending Dips; PHH's Private Label Subservicing; More on Hiring Millennials

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30 Year Fixed 3.57%   +0.01 15 Year Fixed 2.90%   +0.01 10YR Treasury 1.88%   +0.0325 FNMA 30YR 3.5 105.78   0.00 FNMA 15YR 2.5 105.27   -0.02 View Today's Rates

Monday March 4, 2013 Pipeline Press - 10:40AM Reverse Mortgage Lending Dips; PHH's Private Label Subservicing; More on Hiring Millennials With the change of clocks ahead of us this weekend, let's ease into the work week and put this Girl Scout cookie issue to rest once and for all. Besides all of the benefits that accrue ... MBS Commentary - 4:25PM MBS RECAP: One Of The Year's Slowest Sessions MBS Live : MBS Afternoon Market Summary The earlier recap referred to today as an 'extended weekend,' and that continued to be unofficially the case for the rest of the session. Depending ... Mortgage Rate Watch - 2:15PM Mortgage Rates Unchanged To Slightly Higher To Begin Week Mortgage rates moved slightly higher in most cases on Monday, though some lenders were essentially unchanged from Friday's latest offerings. Despite the moderate weakness, with the ... MND NewsWire - 2:33PM MBA, NAR Outline Importance of FHA David H. Stevens , President & CEO of the Mortgage Bankers Association (MBA), and Gary Thomas , President of the National Association of Realtors® (NAR) testified today before ... MBS MID-DAY: 'Extended Weekend' Leaves Bond Markets Slightly Weaker The Week Ahead: ECB and NFP Shine Amid Lack of Data A Housing Riddle: Why did the Homeowner Stop Making their Mortgage Payments? Freddie Mac Turns Corner to Full-Year Profitability NY Attorney General Reportedly Investigating BOA over Mortgage Securities FHA and the Sequester; A Note in Defense of Builder Affiliate Relationships Housing a Bright Spot in Fed's Latest Household Debt and Credit Report REO, Short Sales were 43 Percent of 2012 Market Latest Video Santelli's Midday Bond Report U.S. Banks `Backing Away' From Economy, Whalen Says Fed's Unwinding Could Be a 'Problem' More News from 'Around the Web' Bloomberg - 3:25PM Volcker Says Weakening the Fed's Stimulus 'Liquor' a Challenge CFPB - 3:23PM CFPB: Protect yourself from buyer's remorse CNBC - 3:23PM New York State Supreme Court Upholds MBIA's Transformation www.aei.org - 2:06PM New Qualified Mortgage rule setting us up for another meltdown business.time.com - 10:44AM Will Reform of Fannie and Freddie Kill the 30-Year Mortgage? Federal Reserve - 9:36AM Fed's Yellen: Challenges Confronting Monetary Policy www.freddiemac.com - 9:35AM Freddie Mac: Technology Transforming the Secondary Market The Huffington Post - 11:57PM NY Fed Struck Shady Deal With BofA, Documents Show CNBC - 9:35AM How the Student Loan Crisis Drags Down Home Prices Today's Comments MBS Live Chat - 1:49PM "quite a pattern in the 3.0 today..." MBS Live Chat - 2:04PM "big rejection of 1.84 today..." MBS Live Chat - 2:05PM "I wouldn't read too much into it. Low volume, and nothing going on. It would mean more to see a big bounce on Thursday and/or Friday IMO...." MBS Live Chat - 2:05PM "SV- was it a rejection? There was nothing out that would make the 10YR dip below 1.84 for any length of time today. I assume we will be in this holding pattern until at least Wed morning...." MBS Live Chat - 2:08PM "REPRICE : 2:08 PM - Chase Better..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.57% +0.01 15 Yr FRM 2.90% +0.01 FHA 30 Year Fixed 3.30% +0.01 Jumbo 30 Year Fixed 3.75% +0.01 5/1 Yr ARM 3.00% +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 3.77% 0.48 -0.01 15 Yr. Fixed 3.03% 0.34 +0.00 30 Yr. Jumbo 3.93% 0.37 -0.01 30 Yr. FHA 3.54% 0.41 +0.00 5/1 ARM 2.65% 0.36 -0.01 Freddie Mac ** 30 Yr. Fixed 3.51% 0.80 -0.05 15 Yr. Fixed 2.76% 0.80 -0.01 1 Yr. ARM 2.64% 0.40 -0.01 5/1 Yr. ARM 2.61% 0.60 -0.03 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 3.0 103.53 -0.09 30YR FNMA 3.5 105.78 0.00 30YR GNMA 3.0 104.80 -0.13 30YR GNMA 3.5 107.78 -0.03 15YR FNMA 3.0 105.27 -0.02 15YR FNMA 2.5 103.91 -0.02 Treasuries Yield Change 2 YR 0.2382% +0.0000 5 YR 0.7596% +0.0144 10 YR 1.8789% +0.0325 30 YR 3.0880% +0.0311 Prices as of: 3/4/2013 4:28PM 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

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