Thursday, April 3, 2014

Daily Newsletter: Whistleblower Claims Cordray Called to say "Back Down"; Shadow Inventory Evaporating; Rates Flat Ahead of Big Jobs Report

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30 Year Fixed
4.55%   -0.01
15 Year Fixed
3.53%   -0.01
10YR Treasury
2.79%   -0.0110
FNMA 30YR 3.5
100.30   +0.14
FNMA 15YR 2.5
102.61   +0.08
Thursday April 3, 2014
MND NewsWire - 12:46PM
The Consumer Financial Protection Bureau (CFPB) was assailed by Republican members of the House Financial Services Committee (FSC) and by two witnesses for what was termed "a culture ...
MND NewsWire - 9:25AM
There were a total of 43,000 completed foreclosure in February, CoreLogic said today. This was 15 percent fewer than in February 2013 when foreclosures numbered 51,000. It was also ...
Mortgage Rate Watch - 3:34PM
Mortgage rates barely budged today, but the little movement seen was positive on average. Keep in mind though, that means that some lenders were unchanged or slightly higher in rate ...
Pipeline Press - 9:22AM
Jeff O. writes, "When I saw the title 'Ellie Mae's outage' I thought that perhaps it involved my beloved Beverly Hillbillies star. That would have had major implications for many young ...
MBS Live Chat - 12:40PM
"Does anyone here use more than one credit repository? And if so, do you notice different credit scores amongst them?..."
MBS Live Chat - 12:52PM
"MG - I assume you mean credit vendor? There shouldn't be an actual difference in the scores between two...."
MBS Live Chat - 12:52PM
"unfortunately something the scores are slightly different..."
MBS Live Chat - 2:30PM
"who has the best apr calculating site? using it for scnearios on a flyer..."
MBS Live Chat - 2:32PM
"Donhttp://http://mndne.ws/1ik6EZl..."
MBS Live Chat - 2:39PM
"That's actually very handy, Hugh -- I'm happy to have lurked in the chat box today. Thanks...."
MBS Live Chat - 2:42PM
"Love all this green today...."
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.55% -0.01
15 Yr FRM 3.53% -0.01
FHA 30 Year Fixed 4.12% +0.00
Jumbo 30 Year Fixed 4.30% -0.01
5/1 Yr ARM 3.25% +0.00
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 3.80% 1.10 +0.13
30 Yr. Fixed 4.67% 1.44 +0.13
MBA **
30 Yr. Fixed 4.56% 0.29 +0.06
15 Yr. Fixed 3.62% 0.24 +0.10
30 Yr. Jumbo 4.45% 0.27 +0.06
30 Yr. FHA 4.16% 0.23 +0.03
5/1 ARM 3.22% 0.32 +0.13
Freddie Mac **
30 Yr. Fixed 4.41% 0.70 +0.01
15 Yr. Fixed 3.47% 0.60 +0.05
1 Yr. ARM 2.45% 0.40 +0.01
5/1 Yr. ARM 3.12% 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
MBS
Price Change
30YR FNMA 3.0 96.22 +0.16
30YR FNMA 3.5 100.30 +0.14
30YR GNMA 3.0 98.00 +0.17
30YR GNMA 3.5 101.69 +0.11
15YR FNMA 3.0 102.61 +0.08
15YR FNMA 2.5 99.91 +0.17
Treasuries
Yield Change
2 YR 0.4580% +0.0001
5 YR 1.7894% -0.0032
10 YR 2.7917% -0.0110
30 YR 3.6231% -0.0224
Prices as of: 4/3/2014 4:02PM EST
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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