Daily Newsletter: Mortgage Rates Back Near Recent Lows; Fannie Announces Closing Cost Assistance; Judicial States Continue Driving Foreclosure Totals

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

30 Year Fixed 3.64%   -0.07 15 Year Fixed 2.99%   -0.04 10YR Treasury 1.90%   -0.0332 FNMA 30YR 3.5 105.16   +0.14 FNMA 15YR 2.5 105.06   +0.08 View Today's Rates

Tuesday April 14, 2015 Mortgage Rate Watch - 4:11PM Mortgage Rates Back Near Recent Lows Mortgage rates improved today following a slightly weaker reading on Retail Sales data this morning. It seems that bond markets were waiting to rule out the possibility of stronger ... MND NewsWire - 4:03PM Fannie Announces Closing Cost Assistance for Homepath Loans First-time homebuyers seeking to buy a house through Fannie Mae's HomePath ® program can receive a significant hand-up from a new program the company announced today. The new BuyerReady ... MND NewsWire - 11:30AM Judicial States Continue to Elevate Foreclosure Stats While activity related to distressed mortgage loans continues to grind its way back to normal levels, CoreLogic says that 17 of the 25 judicial foreclosure states still have delinquency ... Pipeline Press - 11:26AM Who does the CFPB Examine & Why? How Much is a Lender Averaging $9M a Month Worth? As a reminder, many in the industry know that as of April 1 new rates kicked in under the National Flood Insurance Program . Policy premiums increased for homeowners in high risk areas ... MBS MID-DAY: Holding Seemingly Outsized Gains After Retail Sales Data MBS Day Ahead: Retail Sales Once Again Expected to Turn Positive. Do We Care? Latest Video Retail sales: 'Wait until next quarter!' Wells Fargo not making much on loans 20-somethings: Renting vs. buying More News from 'Around the Web' Bloomberg - 4:16PM Jump in Home Loans at Wells Fargo, JPMorgan Shows Revival Calculated Risk Blog - 4:16PM Early Read on Existing Home Sales in March; Look for a Big Jump NAHB - 2:44PM House Bill on 'Waters of the U.S.' Would Protect Environment, Help Small Businesses CNBC - 2:41PM Millennials put off home buying, despite rising rent Market Watch - 1:05PM More homeowners are cash-out refinancing Fannie Mae - 1:04PM News Release - Fannie Mae Launches HomePath Ready ... CNBC - 11:40AM Bond market desperately seeking spring rebound www.cfpbmonitor.com - 10:28AM ABA seeks changes to CFPB complaint portal and database blog.stewart.com - 10:24AM Foreign Buyers and Sellers of U.S. Real Estate and the Value of the U.S. Dollar CNBC - 10:23AM Negative yields 'new normal' in Europe: Goldman newsroom.bankofamerica.com - 8:43AM BofA Merrill Lynch Fund Manager Survey Finds Concerns of Overvaluation in Both Equity and Bond Markets Reuters - 8:41AM Wells Fargo profit falls as expenses rise CNBC - 8:37AM US producer prices rise after 4 months of declines Market Watch - 8:37AM Retail sales rebound 0.9% in March after three straight declines Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% -0.07 15 Yr FRM 2.99% -0.04 FHA 30 Year Fixed 3.25% -0.10 Jumbo 30 Year Fixed 3.60% -0.06 5/1 Yr ARM 3.05% -0.03 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 4.01% 0.39 +0.05 15 Yr. Fixed 3.29% 0.30 +0.02 30 Yr. Jumbo 4.02% 0.27 +0.07 30 Yr. FHA 3.80% 0.20 +0.04 5/1 ARM 3.18% 0.40 +0.13 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 -0.04 15 Yr. Fixed 2.93% 0.60 -0.05 1 Yr. ARM 2.46% 0.40 +0.00 5/1 Yr. ARM 2.83% 0.50 -0.09 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 3.0 102.47 +0.20 30YR FNMA 3.5 105.16 +0.14 30YR GNMA 3.0 103.53 +0.27 30YR GNMA 3.5 105.91 +0.11 15YR FNMA 3.0 105.06 +0.08 15YR FNMA 2.5 103.06 +0.11 Treasuries Yield Change 2 YR 0.5160% -0.0201 5 YR 1.3374% -0.0327 10 YR 1.8984% -0.0332 30 YR 2.5442% -0.0334 Prices as of: 4/14/2015 4:30PM 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. © 2015 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.