Daily Newsletter: Foreclosure Inventory a Hurdle for New Home Construction; LO Role Changing; Rates Fall Ahead of Jobs Data; Mortgage Banker Profit Numbers

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

30 Year Fixed 3.92%   -0.01 15 Year Fixed 3.15%   +0.00 10YR Treasury 2.24%   -0.0423 FNMA 30YR 3.5 104.06   +0.23 FNMA 15YR 2.5 103.92   +0.11 View Today's Rates

Thursday December 4, 2014 MND NewsWire - 1:26PM Foreclosure Inventory a Hurdle for New Home Construction Completed foreclosure dropped precipitously in October compared to September, although they were down to a significantly lesser extent from a year earlier. While the foreclosure crisis ... Pipeline Press - 12:59PM LO Role Changing; USDA Update; Mortgage Banker Profit Numbers; Appraisal News Genworth U.S. Mortgage Insurance recently released its survey that was conducted at the MBA conference in Las Vegas in October of over 300 industry executives. About 61% of executives ... Mortgage Rate Watch - 3:47PM Mortgage Rates Improve Ahead of Important Jobs Data Mortgage rates recovered some recently lost territory today following a press conference with European Central Bank (ECB) President Mario Draghi. While domestic mortgage rates are several ... MBS Commentary - 12:56PM MBS MID-DAY: Bonds Bounced Around by ECB Press Conference Bond markets had a volatile reaction to this morning's European Central Bank press conference. Part of the problem is that Mario Draghi was seemingly arguing both sides of the QE debate ... MBS Day Ahead: Sometimes NFP isn't the most Important Event on NFP Week Luxury Home Sales still Ascendant as Buyers Shift Latest Video Future of home prices Consumers see 2015 better year to sell home: Pro Santelli: Get your microscope out More News from 'Around the Web' WSJ - 4:46PM Brainard: Fed Still Thinking About Margin Rule WSJ - 4:46PM 5 Things to Watch in the November Jobs Report WSJ - 4:46PM Fed Simulations Call for Rate Hikes Soon CNBC - 2:01PM Housing supply surges in DC 'burbs CNN - 1:59PM 10 hottest housing markets for 2015 CNBC - 1:55PM Troubled US homeowners get relief Reuters - 11:31AM After pulling billions, former Pimco investors may not be better off Calculated Risk Blog - 10:49AM Black Knight October Mortgage Monitor: "8% of mortgages, 4 million borrowers in negative equity" CNN - 10:49AM These over-the-top home customizations will bring down your real estate value Market Watch - 10:49AM U.S. stocks open lower as ECB signals no QE this year freddiemac.mwnewsroom.com - 10:48AM Mortgage Rates Lower Across the Board WSJ - 10:43AM How Higher Gas Prices Can Shape Home Values WSJ - 8:56AM Housing Forecasts for 2015: Resurgent Home Building and Restrained Optimism CNBC - 8:55AM Mortgages not easy for self-employed rss.nytimes.com - 8:55AM E.C.B. Holds Benchmark Interest Rate Steady Bloomberg - 8:55AM Euro Strengthens as ECB Stops Short of Adding Stimulus - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.92% -0.01 15 Yr FRM 3.15% +0.00 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.77% -0.01 5/1 Yr ARM 3.25% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.89% 0.50 -0.08 15 Yr. Fixed 3.10% 0.50 -0.07 1 Yr. ARM 2.41% 0.40 -0.03 5/1 Yr. ARM 2.94% 0.50 -0.07 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 3.0 100.88 +0.30 30YR FNMA 3.5 104.06 +0.23 30YR GNMA 3.0 102.22 +0.17 30YR GNMA 3.5 104.77 +0.16 15YR FNMA 3.0 103.92 +0.11 15YR FNMA 2.5 101.70 +0.11 Treasuries Yield Change 2 YR 0.5435% -0.0158 5 YR 1.5768% -0.0295 10 YR 2.2394% -0.0423 30 YR 2.9385% -0.0480 Prices as of: 12/4/2014 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.