Daily Newsletter: Mortgage Rates Steady at 2014 Lows; Mixed Bag for Housing as Builder Confidence and Remodeling Numbers Level Off

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

30 Year Fixed 3.85%   +0.00 15 Year Fixed 3.12%   +0.02 10YR Treasury 2.12%   +0.0330 FNMA 30YR 3.5 104.11   -0.25 FNMA 15YR 2.5 103.84   -0.36 View Today's Rates

Monday December 15, 2014 Mortgage Rate Watch - 4:37PM Mortgage Rates Steady at 2014 Lows Mortgage rates held steady today on average, but were slightly higher or lower depending on the lender. In either case, there hasn't been much movement from Friday's latest rate sheet ... MND NewsWire - 10:58AM Builder Confidence Finishes Year Close to Highs Builder confidence as measured by the National Association of Home Builders (NAHB)/Wells Fargo Home Market Index (HMI) fell back slightly in December after a four point uptick in November ... MND NewsWire - 2:00PM Residential Remodeling Numbers Flat in Most of Country The BuildFax Remodeling Index for October indicates a slight slowdown in the number of building permits issued for the purpose of residential remodeling from the previous month. The ... MBS Commentary - 7:32AM MBS Day Ahead: Confronting Another Major Inflection Point; Time to Bounce? The conventional wisdom regarding falling knives is to avoid trying to catch them. 2014's bond yields have been a quintessential example. At each major inflection point, investors have ... MBS MID-DAY: Bond Markets Hold Friday's Range as Global Markets Tank Lehman in the News; Down Payment Assistance Study; Fitch's Forecast for MBS Latest Video Bond market red flags Santelli: Oil, stocks & rates up NAHB housing market index 57 More News from 'Around the Web' Bloomberg - 5:01PM China's Treasury Holdings Decline to Lowest Since February 2013 - Bloomberg Calculated Risk Blog - 5:01PM Lawler: Early Read on Existing Home Sales in November (look for big dip) Market Watch - 3:57PM Bill Gross: Disinflation may stop Fed from 2015 rate hike Bloomberg - 3:57PM Draghi Will Win on Economic Stimulus - Bloomberg www.wellsfargo.com - 2:40PM For the Holidays: Wells Fargo Donates Homes to Veterans DataQuick - 2:36PM November Southland Home Sales Press Release WSJ - 1:24PM Early Glimpses at New-Home Sales Show Buyers Still Hesitant CNBC - 1:23PM Blame technicals for Monday's wild market ride CNBC - 1:23PM Playing the interest rate 'Groundhog Day' next year WSJ - 11:42AM ECB May Have to Buy Sovereign Bonds, Nowotny Says WSJ - 11:41AM This Wasn't Written by an Algorithm, But More and More Is www.wellsfargo.com - 10:14AM Wells Fargo/Gallup: Investor Optimism Holds Steady at Seven-Year High CNBC - 10:13AM Home builders content with slow recovery Reuters - 9:29AM U.S. manufacturing output surges in November CNBC - 8:45AM Slowdown signs emerge for oil states www.npr.org - 8:42AM When Grandma's House Is Home: The Rise Of Grandfamilies CNBC - 8:42AM NY manufacturing activity lowest in 2 years: NY Fed Bloomberg - 8:41AM Treasury's New Homeowner Aid Prompting Republican Ire - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.85% +0.00 15 Yr FRM 3.12% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.70% +0.00 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 3.93% 0.50 +0.04 15 Yr. Fixed 3.20% 0.50 +0.10 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.98% 0.50 +0.04 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 3.0 101.08 -0.23 30YR FNMA 3.5 104.11 -0.25 30YR GNMA 3.0 102.52 -0.38 30YR GNMA 3.5 104.88 -0.25 15YR FNMA 3.0 103.84 -0.36 15YR FNMA 2.5 101.70 -0.42 Treasuries Yield Change 2 YR 0.5845% +0.0364 5 YR 1.5723% +0.0576 10 YR 2.1182% +0.0330 30 YR 2.7483% +0.0089 Prices as of: 12/15/2014 4:26PM 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.