Daily Newsletter: Mortgage Rates Catch Small Break; TRID Creating Buyer Walkthrough Problems; Purchase Market Still MIA; Long Term Rate Considerations

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

30 Year Fixed 4.01%   -0.03 15 Year Fixed 3.25%   -0.02 10YR Treasury 2.24%   -0.0538 FNMA 30YR 3.5 104.02   +0.39 FNMA 15YR 2.5 104.47   +0.25 View Today's Rates

Thursday May 14, 2015 Mortgage Rate Watch - 3:29PM Mortgage Rates Catch a Break, but It's Small Mortgage rates finally caught a break today. This is quite a welcome development (indeed, yesterday's commentary pointed out that no breaks were being caught!), but the magnitude of ... MND NewsWire - 3:22PM Buyer Walk-Throughs Problematic under TRID Attorney Says The Housing and Insurance subcommittee of the House Financial Services Committee has scheduled a hearing this afternoon titled "TILA- RESPA Integrated Disclosure (TRID): Examining the ... MND NewsWire - 10:22AM Purchase Loan Market MIA Lenders originated 1.55 million residential mortgage loans during the first quarter of 2015. The number, includes loan originations for both purchases and refinances of single family ... MBS Commentary - 7:34AM MBS Day Ahead: Big Picture, Long Term Considerations If bond markets are going to make something happen with their recent attempts to establish support at the weakest levels of 2015, it would be nice if they'd do that sooner than later ... MBS MID-DAY: Bonds Continue Fighting for Foothold; Winning Today's Battle so Far Residential Lenders Go Into Personal Loans; Regulations Driving M&A; Cordray Addresses TRID Fears Latest Video Santelli: Yields have backed up again Expect yields to stay 'anchored' below 2.5% Weekly jobless claims down 1K to 264,000 More News from 'Around the Web' WSJ - 3:48PM Home Sales to Hit Highest Level Since 2006, Realtors Say CNBC - 2:43PM Water, millennials drive Portland housing CNBC - 2:39PM Houzz: Disrupting and empowering Market Watch - 2:39PM Capitol Report: Rising rates won't hit builders like 2013's rout www.builderonline.com - 2:39PM California Inches Toward Housing Affordability Bloomberg - 2:38PM BofAML: Three Reasons Why Treasuries Will Avoid Another Taper Tantrum Bloomberg - 2:38PM Euro Pares Gain as Draghi Underlines Commitment to Easing Plan Bloomberg - 12:14PM These Four Charts Show Banks Could Lend More Aggressively to Millennials Bloomberg - 12:13PM JPMorgan to Buy $45 Billion of Ocwen's Loan-Servicing Rights CNBC - 10:52AM Have we seen the top in bond yields? Calculated Risk Blog - 10:24AM Research: "How Low Can House Prices Go?" freddiemac.mwnewsroom.com - 10:23AM Mortgage Rates Higher for Third Consecutive Week CNBC - 10:23AM New 'bond king' makes predictions on yields, Fed CNBC - 9:07AM US jobless claims fall; 4-week avg at 15-year low Bloomberg - 9:07AM Wholesale U.S. Prices Unexpectedly Drop in Broad-Based Retreat CNBC - 9:02AM Tough summer ahead for homebuilders? CNBC - 9:02AM Goldman's bet against housing stocks Market Watch - 9:00AM Capitol Report: FHA mortgages to home buyers climb CNBC - 9:00AM Bonds coming off rally, not selling off: Strategist Bloomberg - 9:00AM Mind the Gap in Bond-Market Rout That Shows Easy Money to Stay Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% -0.03 15 Yr FRM 3.25% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.82% -0.03 5/1 Yr ARM 2.95% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.38% 1.18 +0.05 30 Yr. Fixed 3.95% 1.30 +0.04 MBA ** 30 Yr. Fixed 4.00% 0.36 +0.07 15 Yr. Fixed 3.23% 0.40 +0.04 30 Yr. Jumbo 3.99% 0.33 +0.08 30 Yr. FHA 3.76% 0.14 +0.06 5/1 ARM 3.00% 0.46 +0.13 Freddie Mac ** 30 Yr. Fixed 3.85% 0.60 +0.05 15 Yr. Fixed 3.07% 0.50 +0.05 1 Yr. ARM 2.48% 0.40 +0.02 5/1 Yr. ARM 2.89% 0.50 -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 3.0 100.66 +0.44 30YR FNMA 3.5 104.02 +0.39 30YR GNMA 3.0 101.94 +0.44 30YR GNMA 3.5 104.70 +0.36 15YR FNMA 3.0 104.47 +0.25 15YR FNMA 2.5 102.17 +0.33 Treasuries Yield Change 2 YR 0.5441% -0.0361 5 YR 1.5128% -0.0593 10 YR 2.2407% -0.0538 30 YR 3.0644% -0.0217 Prices as of: 5/14/2015 4:06PM 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.