Daily Newsletter: Distressed Sales Normalizing; Mortgage Apps Flat; Rates Inch Higher; TRID Hurting Lending?

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

30 Year Fixed 3.96%   +0.01 15 Year Fixed 3.22%   +0.01 10YR Treasury 2.18%   +0.0331 FNMA 30YR 3.5 103.73   -0.14 FNMA 15YR 2.5 103.59   -0.09 View Today's Rates

Wednesday December 2, 2015 Mortgage Rate Watch - 5:05PM Mortgage Rates Steady to Slightly Higher Coming off their best day in over a month, mortgage rates held mostly steady today. Some lenders were just slightly higher. This is somewhat of an accomplishment considering the movement ... MND NewsWire - 4:24PM Distressed Home Sales Creep Toward Normal Is it our imagination or has the return to normal levels of distressed home sales become an agonizing endurance test? Despite a nearly steady downward trend the market share of distressed ... MND NewsWire - 9:10AM Mortgage Applications Flat After Taking Holiday Adjustment Mortgage applications during the week ended November 27 were generally higher on an adjusted basis and much lower on an unadjusted basis due to the effects of and an adjustment for ... Pipeline Press - 10:53AM CFPB's Financial Stats; TRID Hurting Lending?; Upcoming Events and Training "I spent half my money on gambling, women, and booze. The other half I wasted." Not that politicians would ever waste money - after all, they can spend our money more effectively than ... MBS MID-DAY: Persistently Weaker as Data Bows to Rate Hike MBS Day Ahead: Are Markets Really Ready To Rethink a Rate Hike? Latest Video Millennials top homebuyers' list: Report Yellen: Rate hike doesn't need to be unanimous Fed's Lockhart: Upcoming meeting may be 'historic' More News from 'Around the Web' Bloomberg - 5:37PM Yellen: Effect of Fiscal Policy on GDP Growth Neutral freddiemac.mwnewsroom.com - 5:36PM Freddie Mac Issues Monthly Volume Summary for October 2015 Calculated Risk Blog - 3:38PM Fed's Beige Book: "Economic activity increased at a modest pace" CNBC - 3:38PM Draghi vs. Yellen: 'The great monetary divergence' Market Watch - 3:37PM Market Extra: 40% of European government bonds sport negative yields, and more may follow CNBC - 12:42PM Yellen: Data could still sway Dec. decision CNBC - 10:59AM Home sales to hit highs: Realtor.com Market Watch - 8:27AM Economic Report: ADP says private sector added 217,000 jobs in November CNBC - 8:26AM Mortgage applications dip 0.2%, hurt by refinancings Reuters - 8:26AM Yellen, in back-to-back appearances, could close out era of zero rates Calculated Risk Blog - 1:28AM Wednesday: Yellen Speech, ADP Employment, Beige Book www.realtor.com - 1:27AM The Top 10 Real Estate Markets to Watch in 2016 www.builderonline.com - 1:27AM Vacation Homes as Revenue Opportunity: The Taxman Sayeth CNBC - 1:27AM Yellen calls the shots on Wednesday Today's Rates Best Execution Rate Change 30 Yr FRM 3.96% +0.01 15 Yr FRM 3.22% +0.01 FHA 30 Year Fixed 3.70% +0.00 Jumbo 30 Year Fixed 3.81% +0.01 5/1 Yr ARM 2.97% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.14% 0.49 -0.04 15 Yr. Fixed 3.39% 0.43 -0.01 30 Yr. Jumbo 3.99% 0.30 -0.06 30 Yr. FHA 3.87% 0.49 -0.03 5/1 ARM 3.19% 0.38 +0.01 Freddie Mac ** 30 Yr. Fixed 3.95% 0.70 -0.02 15 Yr. Fixed 3.18% 0.60 +0.00 1 Yr. ARM 2.59% 0.30 -0.05 5/1 Yr. ARM 3.01% 0.50 +0.03 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 3.0 100.63 -0.17 30YR FNMA 3.5 103.73 -0.14 30YR GNMA 3.0 101.75 -0.16 30YR GNMA 3.5 104.42 -0.14 15YR FNMA 3.0 103.59 -0.09 15YR FNMA 2.5 101.41 -0.16 Treasuries Yield Change 2 YR 0.9385% +0.0279 5 YR 1.6332% +0.0409 10 YR 2.1797% +0.0331 30 YR 2.9097% +0.0047 Prices as of: 12/2/2015 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. © 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.