Daily Newsletter: Size and Face of Homeownership, Changed and Changing; Rates Near July Lows; New Home Applications Increase

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 4.15%   -0.03 15 Year Fixed 3.28%   -0.04 10YR Treasury 2.54%   -0.0217 FNMA 30YR 3.5 102.61   +0.22 FNMA 15YR 2.5 103.64   +0.11 View Today's Rates

Thursday July 10, 2014 MND NewsWire - 3:58PM Size and Face of Homeownership, Changed and Changing Part 4 of the recent edition of the Harvard Joint Center on Housing Studies' report on the State of the Nation's Housing looks at the declining rate of homeownership in the U.S. which ... Mortgage Rate Watch - 4:37PM Mortgage Rates Fall Again; Near July Lows Mortgage rates continued lower today , helped along this time by European markets. Although mortgage rates are most directly influenced by prices of mortgage-backed-securities (MBS ... MND NewsWire - 11:23AM MBA says New Home Sales up while Mortgage Applications Drop Normal 0 false false false EN-US X-NONE X-NONE Applications for new home purchase mortgages declined in June for the second month in a row the Mortgage Bankers Association (MBA) said ... MND NewsWire - 1:12PM Buyers and Sellers Not on Same Page With Housing Market Reality A recent survey by Redfin, the Seattle-based real estate company, found some substantial disconnects among buyers, sellers, and market reality. They are, the company said, not on the ... CFPB Addresses Death; Servicing News; New Investors Popping Up MBS Day Ahead: Jobless Claims, Last Auction, and More NFP Reflections Latest Video Home sellers out of touch Santelli Exchange: All roads lead to Treasurys Closing Bell Exchange: Response to Portgual More News from 'Around the Web' rss.nytimes.com - 4:06PM Economic Data Contradiction That Makes No Sense CNBC - 4:06PM Bank profits looking gloomy; here's why WSJ - 4:00PM Fed's George Sees Room For Rate Hikes This Year Bloomberg - 3:59PM Wells Fargo, BofA Overcome Miami Mortgage Race Bias Suit - Bloomberg www.aei-ideas.org - 1:32PM Wait, the eurozone financial crisis is still kind of a thing? CNBC - 12:34PM Homeowners: A new class of fools SIFMA - 12:25PM SIFMA Statement on Introduction of the 'Partnership to Strengthen Homeownership Act' CNBC - 12:24PM Housing still too expensive despite positive signs Washington Post - 11:12AM D.C. region's housing market remains stuck in the doldrums Calculated Risk Blog - 11:12AM Asking House Prices up 8.1% year-over-year in June freddiemac.mwnewsroom.com - 11:11AM Freddie Mac: Mortgage Rates See Little Movement CNBC - 11:09AM Take shelter! Housing remodeling boom may be done Reuters - 9:19AM U.S. jobless claims fall, point to healing in labor market CNBC - 9:13AM Watch French bonds for trouble: Trader Market Watch - 8:34AM Bond Report: 10-year Treasurys at 6-week high on Portugal banking trouble Today's Comments MBS Live Chat - 8:27AM "This could be helping bonds move lower today: Worries over the financial health of a major Portuguese lender sent a wave of panic though the continent's markets, drubbing shares in Southern Europe and prompting companies to pull stock and bond offerings. Shares in Banco Espírito Santo have been under..." MBS Live Chat - 10:02AM "pricing has improved nicely this morning, about 30 bps..." MBS Live Chat - 1:54PM "I've been patiently waiting for the post supply rally. (tapping my foot.....)..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.15% -0.03 15 Yr FRM 3.28% -0.04 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.99% -0.03 5/1 Yr ARM 3.22% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.32% 0.16 +0.04 15 Yr. Fixed 3.40% 0.22 -0.02 30 Yr. Jumbo 4.24% 0.16 -0.02 30 Yr. FHA 4.02% -0.03 +0.03 5/1 ARM 3.40% 0.22 -0.02 Freddie Mac ** 30 Yr. Fixed 4.15% 0.70 +0.03 15 Yr. Fixed 3.24% 0.60 +0.02 1 Yr. ARM 2.40% 0.40 +0.02 5/1 Yr. ARM 2.99% 0.40 +0.01 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 98.55 +0.16 30YR FNMA 3.5 102.61 +0.22 30YR GNMA 3.0 100.41 +0.11 30YR GNMA 3.5 103.52 +0.14 15YR FNMA 3.0 103.64 +0.11 15YR FNMA 2.5 101.39 +0.14 Treasuries Yield Change 2 YR 0.4601% -0.0239 5 YR 1.6529% -0.0230 10 YR 2.5359% -0.0217 30 YR 3.3698% -0.0100 Prices as of: 7/10/2014 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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.