| Friday April 19, 2013 MND NewsWire - 1:13PM The median price of a home in California shot up in March to $313,000 from 289,000 in February, a one-month increase of 8.3 percent . The spike put the median price 24.7 percent above ... Mortgage Rate Watch - 1:24PM Mortgage rates were very slightly lower today, but the improvement was just enough to leave most lenders at their best rates of the week. We have yet to see a move below the prevailing ... Pipeline Press - 1:08PM April 22 is coming up. So what, you ask? April 22 is the 43 rd Earth Day, which is probably observed in some countries but ignored in all the countries that should observe it. The day ...  | "just saying.,...if there is any stored energy its momentum would help mbs....IMO..." |  | "Hope you are right Gus!..." |  | "it certainly could be. Long term, a move to that lower magenta line doesn't look impossible. But of course neither does the higher line (here: http://www.mortgagenewsdaily.com/mortgage_rates/blog/305109.aspx). Just depends what way the lead-off goes (if it goes at all), I continue to be concerned by..." |  | "Anybody help me with the current USDA upfront MI factor and monthly (annual) factor?..." |  | "2.040817% up front, and .4 monthly..." |  | "That's certainly a logical number. Why didn't they just use pi?..." | | | "the way they figure out the number is kind of backwards, so that number is easier to use..." |  | "re USDA: if you are using point and have it coded as a USDA, just put in 2% and it will calculate "pi" for you...." |  | "anyone successful getting an FHA loan approved after short selling on an FHA loan?..." | | | "MIke, if FHA incurred a loss, then they would would have to wait 3 years from the time FHA incurred the loss..." | | | Today's Rates | 30 Yr FRM | 3.47% | -0.01 | | 15 Yr FRM | 2.78% | -0.01 | | FHA 30 Year Fixed | 3.25% | +0.00 | | Jumbo 30 Year Fixed | 3.57% | -0.01 | | 5/1 Yr ARM | 2.99% | +0.00 | | | Average Mortgage Rates | 15 Yr. Fixed | 2.78% | 0.76 | +0.08 | | 30 Yr. Fixed | 3.53% | 1.11 | +0.06 | | 30 Yr. Fixed | 3.67% | 0.50 | -0.01 | | 15 Yr. Fixed | 2.91% | 0.34 | -0.01 | | 30 Yr. Jumbo | 3.77% | 0.27 | -0.02 | | 30 Yr. FHA | 3.37% | 0.55 | -0.06 | | 5/1 ARM | 2.57% | 0.29 | -0.01 | | 30 Yr. Fixed | 3.41% | 0.70 | -0.02 | | 15 Yr. Fixed | 2.64% | 0.70 | -0.01 | | 1 Yr. ARM | 2.63% | 0.40 | +0.01 | | 5/1 Yr. ARM | 2.60% | 0.50 | -0.02 | * 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 | 104.16 | -0.08 | | 30YR FNMA 3.5 | 106.28 | -0.05 | | 30YR GNMA 3.0 | 105.84 | -0.13 | | 30YR GNMA 3.5 | 108.66 | -0.08 | | 15YR FNMA 3.0 | 105.50 | -0.05 | | 15YR FNMA 2.5 | 104.30 | -0.08 | | 2 YR | 0.2338% | +0.0039 | | 5 YR | 0.7065% | +0.0112 | | 10 YR | 1.7049% | +0.0185 | | 30 YR | 2.8832% | +0.0205 | | Prices as of: 4/19/2013 4:30PM 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 | |
