Daily Newsletter: Mortgage Rates Recover as Stocks Slide; MI Earnings and Updates; Markets Stick to Game-Plan

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

30 Year Fixed 3.86%   -0.02 15 Year Fixed 3.13%   -0.02 10YR Treasury 2.01%   -0.0508 FNMA 30YR 3.5 104.27   +0.25 FNMA 15YR 2.5 103.81   +0.11 View Today's Rates

Monday January 25, 2016 Mortgage Rate Watch - 4:33PM Mortgage Rates Recover as Stocks Slide Mortgage rates moved slightly lower today, recovering some of Friday's losses. Those losses introduced the risk that 2016's dominant trend toward lower rates could be in the early stages ... Pipeline Press - 10:58AM Upcoming Events; CFPB/PHH Court Date; MGIC Earnings, UG to be Sold? Risk Swapping Primer Rumors are swirling that AIG has decided to pursue a partial spin-off of its mortgage insurance business, United Guaranty (UG). Stay tuned for tomorrow when AIG releases it strategic ... MBS Commentary - 7:33AM MBS Day Ahead: Slow Start, Lots of Data, but Sticking to Game-Plan This week has the potential to begin fairly slowly. Market participation will undoubtedly be affected on some level by the massive snow storm that hit the east coast over the weekend ... MND NewsWire - 6:27PM Mortgage Performance Continues to Improve; Prepayment Numbers Rise It was a year of significant improvement in the distressed home arena. According to Black Knight Financial Services there was a 22 percent decrease in the national Foreclosure Inventory ... Reverse Mortgage Counterpoints and Updates--How Many People Turn 62 Every Day? Existing Home Sales Rally after TRID-related November Loss Latest Video D.R. Horton CEO praises entry level growth Santelli: 10-year hovers near 2% Oil and stocks near alltime high correlations More News from 'Around the Web' CNBC - 5:26PM Forecast sees big plunge in Treasury yields CNBC - 3:07PM Builder thinks cheaper homes work CNBC - 3:05PM 10-year yield to plunge: Moran Stanley Calculated Risk Blog - 2:11PM Black Knight: House Price Index up 0.1% in November, Up 5.5% year-over-year CNBC - 2:11PM Treasury safe-haven buying continues ahead of Fed meeting Reuters - 2:11PM Homebuilder D.R. Horton's profit rises 10.7 percent Reuters - 2:11PM Futures lower as oil prices retreat CNBC - 2:11PM Summers: No 4 Fed hikes in 2016 Calculated Risk Blog - 2:10PM Dallas Fed: "Texas Manufacturing Activity Falls Sharply" in January www.realtor.com - 2:10PM Startup Pays Cash to Buy Homes, Flip Them CNBC - 2:10PM Oil and stocks are moving tick for tick Reuters - 2:10PM Fed says policy meeting to go forward as scheduled despite snow Reuters - 12:59AM Oil climbs further on short-covering, Brent at over $32 Bloomberg - 12:55AM Goldman's Cohn Says Sell Treasuries; Morgan Stanley Is Bullish Today's Rates Best Execution Rate Change 30 Yr FRM 3.86% -0.02 15 Yr FRM 3.13% -0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.70% -0.02 5/1 Yr ARM 3.06% +0.01 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 4.12% 0.38 -0.08 15 Yr. Fixed 3.42% 0.39 -0.05 30 Yr. Jumbo 4.02% 0.30 -0.07 30 Yr. FHA 3.90% 0.34 -0.05 5/1 ARM 3.42% 0.39 -0.05 Freddie Mac ** 30 Yr. Fixed 3.81% 0.60 -0.11 15 Yr. Fixed 3.10% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.91% 0.50 -0.10 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 3.0 101.47 +0.28 30YR FNMA 3.5 104.27 +0.25 30YR GNMA 3.0 102.42 +0.25 30YR GNMA 3.5 104.75 +0.13 15YR FNMA 3.0 103.81 +0.11 15YR FNMA 2.5 101.83 +0.19 Treasuries Yield Change 2 YR 0.8608% -0.0124 5 YR 1.4418% -0.0492 10 YR 2.0064% -0.0508 30 YR 2.7890% -0.0379 Prices as of: 1/25/2016 4:28PM 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. © 2016 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.