Thursday, December 20, 2012

Daily Newsletter: Are Non-agency Loan Modifications Coming? Treasury Initiative Rumored

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
30 Year Fixed
3.42%   -0.01
15 Year Fixed
2.76%   -0.01
10YR Treasury
1.80%   -0.0017
FNMA 30YR 3.5
106.31   +0.06
FNMA 15YR 2.5
105.42   -0.02
Thursday December 20, 2012
Pipeline Press - 10:36AM
Well, here is some interesting news for taxpayers, as if we don't have enough: Fannie & Freddie may have lost $3 billion due to LIBOR fixing by banks? Quick, bring in the lawyers ...
MND NewsWire - 3:17PM
The share of mortgages refinanced by Freddie Mac and Fannie Mae through the Home Affordable Refinancing Program (HARP) dropped to 18.5 percent in October from 21 percent in September ...
MBS Commentary - 4:18PM
MBS Live : MBS Afternoon Market Summary A big haul of economic reports had little lasting impact on trading levels this morning, but the stronger Philly Fed Index at 10am was enough ...
Pipeline Press - 4:13PM
In paying a short visit to Kansas, I learned that there are plenty of "oldest trick in the book"'s from which to choose - but here is one that actually helps community banks. The Outdoor ...
MND NewsWire - 5:57PM
"On what planet was this study conducted? "PMI companies can and do become insolvent, file for bankruptcy or are seized by regulators". Oh, please. If FHA were a private insurance company, it would have been seized by regulators in 2008. This notion that a one-size-fits-all approach to premium collection..."
MBS Live Chat - 11:30AM
"Looking for a little discussion...Is housing in an actual recovery?..."
MBS Live Chat - 11:31AM
"everytime there is a small bounce...its a recovery..."
MBS Live Chat - 11:31AM
"minor supply disruptions dont make for recoveries..."
MBS Live Chat - 11:32AM
"My area is in a recovery, Portland, OR, I think. Limited supply, values have gone up 8%+ this year and bidding wars on homes. I'm hearing more and more similar stories, nationally...."
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.42% -0.01
15 Yr FRM 2.76% -0.01
FHA 30 Year Fixed 3.25% +0.00
Jumbo 30 Year Fixed 3.62% -0.01
5/1 Yr ARM 3.01% -0.01
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 2.91% 0.89 -0.12
30 Yr. Fixed 3.62% 1.22 -0.14
MBA **
30 Yr. Fixed 3.50% 0.44 +0.03
15 Yr. Fixed 2.83% 0.26 -0.02
30 Yr. Jumbo 3.73% 0.29 -0.04
30 Yr. FHA 3.34% 0.54 +0.02
5/1 ARM 2.61% 0.36 -0.02
Freddie Mac **
30 Yr. Fixed 3.37% 0.70 +0.05
15 Yr. Fixed 2.65% 0.70 -0.01
1 Yr. ARM 2.52% 0.40 -0.01
5/1 Yr. ARM 2.71% 0.70 +0.01
* 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 3.0 104.44 +0.06
30YR FNMA 3.5 106.31 +0.06
30YR GNMA 3.0 105.92 +0.08
30YR GNMA 3.5 108.34 +0.06
15YR FNMA 3.0 105.42 -0.02
15YR FNMA 2.5 104.33 -0.03
Treasuries
Yield Change
2 YR 0.2739% -0.0040
5 YR 0.7771% +0.0064
10 YR 1.7997% -0.0017
30 YR 2.9824% -0.0049
Prices as of: 12/20/2012 4:27PM 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
Share This Report Learn More About Co-branding
Co-branding: Disabled
Co-branding is a powerful and free feature provided to all registered users. Co-branding adds your business and contact information to this report. When a user visits any link in this email, ALL ADS are removed from our website and are replaced with your information.
Print / PDF:
Widgets:
(Live News and Mortgage Rates)
Web Links:
Link here to show your users the latest report.
Embed This Report:
Embed the latest report on your website.
View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.