Tuesday, September 30, 2014

Daily Newsletter: CFPB Hits Flagstar Bank with First Servicer Rule Enforcement; Case-Shiller Notes Significant Slowdown in Home Prices; Rates Higher; Title Company Fined Over MSAs

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
30 Year Fixed
4.20%   +0.02
15 Year Fixed
3.35%   +0.02
10YR Treasury
2.50%   +0.0217
FNMA 30YR 3.5
102.23   -0.09
FNMA 15YR 2.5
103.02   -0.05
Tuesday September 30, 2014
MND NewsWire - 1:32PM
The Consumer Financial Protection Bureau (CFPB) came down hard on Michigan-based Flagstar Bank both legally and verbally as it issued the first enforcement action under its new mortgage ...
MND NewsWire - 10:48AM
There was what the S&P/Case-Shiller Home Price Indices called "a significant slowdown in price increases in July S&P Dow Jones Indices said today. Nineteen of the 20 cities ...
Mortgage Rate Watch - 3:54PM
Mortgage rates were slightly higher today leaving September s one of only 3 months this year with noticeable upward movement. Things could have been worse had it not been for the steady ...
MND NewsWire - 4:10PM
The Consumer Financial Protection Bureau (CFPB) filed a Consent Order on Tuesday against Lighthouse Title, a title insurer based in Holland, Michigan. The order was, the Bureau said ...
"Nice to see our gains last all day today. Now if we can nurse them through to NFP on Friday, maybe we can continue our downward trend channel for rates!..."
MND NewsWire - 3:34PM
"About time!..."
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.20% +0.02
15 Yr FRM 3.35% +0.02
FHA 30 Year Fixed 3.75% +0.00
Jumbo 30 Year Fixed 4.06% +0.02
5/1 Yr ARM 3.25% +0.02
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 4.27% 0.25 +0.02
15 Yr. Fixed 3.44% 0.28 -0.04
30 Yr. Jumbo 4.15% 0.23 -0.07
30 Yr. FHA 3.97% 0.08 -0.02
5/1 ARM 3.12% 0.45 -0.07
Freddie Mac **
30 Yr. Fixed 4.20% 0.50 -0.03
15 Yr. Fixed 3.36% 0.50 -0.01
1 Yr. ARM 2.43% 0.40 +0.00
5/1 Yr. ARM 3.08% 0.40 +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 98.61 -0.14
30YR FNMA 3.5 102.23 -0.09
30YR GNMA 3.0 100.72 -0.13
30YR GNMA 3.5 103.34 -0.08
15YR FNMA 3.0 103.02 -0.05
15YR FNMA 2.5 100.58 -0.08
Treasuries
Yield Change
2 YR 0.5828% +0.0081
5 YR 1.7697% +0.0082
10 YR 2.5024% +0.0217
30 YR 3.2099% +0.0411
Prices as of: 9/30/2014 4:31PM 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
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.

Monday, September 29, 2014

Daily Newsletter: Mortgage Rates Near 3-Week Lows; Investor Pull-Back Hits Pending Home Sales; RESPA-TILA Training

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
30 Year Fixed
4.18%   -0.03
15 Year Fixed
3.33%   -0.03
10YR Treasury
2.48%   -0.0487
FNMA 30YR 3.5
102.33   +0.16
FNMA 15YR 2.5
103.06   +0.08
Monday September 29, 2014
Mortgage Rate Watch - 3:19PM
Mortgage rates fell at a healthy pace today, bringing them to the lowest levels since September 9th. Gains in bond markets help rates move lower and bond markets were stronger right ...
MND NewsWire - 10:52AM
Pending home sales declined slightly in August, mirroring a similar pull-back in existing home sales announced last week. The National Association of Realtors® (NAR) said today ...
Pipeline Press - 10:23AM
Is it against the law for an employer to provide an employee with better-than-market rates? KPMG hopes not . And the only thing I could find employer-assisted mortgage programs (EAMs ...
MBS Commentary - 7:43AM
After September's big move higher in rates cooled off, we've been left in limbo , to some extent. There certainly hasn't been a painful continuation to higher rates, but we've had some ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.18% -0.03
15 Yr FRM 3.33% -0.03
FHA 30 Year Fixed 3.75% +0.00
Jumbo 30 Year Fixed 4.04% -0.02
5/1 Yr ARM 3.23% -0.02
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 4.27% 0.25 +0.02
15 Yr. Fixed 3.44% 0.28 -0.04
30 Yr. Jumbo 4.15% 0.23 -0.07
30 Yr. FHA 3.97% 0.08 -0.02
5/1 ARM 3.12% 0.45 -0.07
Freddie Mac **
30 Yr. Fixed 4.20% 0.50 -0.03
15 Yr. Fixed 3.36% 0.50 -0.01
1 Yr. ARM 2.43% 0.40 +0.00
5/1 Yr. ARM 3.08% 0.40 +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 98.75 +0.25
30YR FNMA 3.5 102.33 +0.16
30YR GNMA 3.0 100.84 +0.25
30YR GNMA 3.5 103.42 +0.17
15YR FNMA 3.0 103.06 +0.08
15YR FNMA 2.5 100.66 +0.06
Treasuries
Yield Change
2 YR 0.5747% -0.0040
5 YR 1.7615% -0.0361
10 YR 2.4807% -0.0487
30 YR 3.1688% -0.0485
Prices as of: 9/29/2014 4:31PM 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
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.