Daily Newsletter: Rates Continue Rising From 3-Year Lows; TRID a Bigger Burden on Smaller Lenders

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

30 Year Fixed 3.63%   +0.02 15 Year Fixed 2.92%   +0.02 10YR Treasury 1.75%   +0.0167 FNMA 30YR 3.5 104.80   -0.09 FNMA 15YR 2.5 104.63   -0.03 View Today's Rates

Thursday May 12, 2016 Mortgage Rate Watch - 4:48PM Mortgage Rates Continue Rising From 3-Year Lows Mortgage rates moved higher again today, rising to the highest levels since last Thursday. That fact is contrary to the most of the mortgage-rate-related headlines out today, so what ... MND NewsWire - 10:50AM TRID a Bigger Burden on Smaller Lenders Fannie Mae continues to dribble out findings from its Q1 Mortgage Lender Sentiment Survey®. The latest installment is an entry on the company's FM Commentary blog on its survey ... Pipeline Press - 9:57AM The Market for Servicing: Who is Buying What From Whom May Be a Surprise Lenders can make, and lose, plenty of money on a) income from servicing, and b) changes in value of that servicing. Of course all the news about servicing rights write-downs are roiling ... MBS Commentary - 8:50AM MBS Day Ahead: Bonds Square Off With 2016's Technical Nemesis 1.72 has been more of a roadblock than any other level for 10yr yields We're currently at risk of bouncing there Today's data may not help, but post-auction could be interesting What ... Foreclosures Surged in March Flat Week for Mortgage Applications Despite Low Rates Latest Video George: Current rate level too low for today's economy Rosengren on markets, rates Santelli Exchange: Debt overhangs More News from 'Around the Web' Calculated Risk Blog - 4:06PM MBA: "Foreclosures Continue to Decrease, Delinquencies Flat" in Q1 CNBC - 4:06PM Retail slump won't hurt these REITs: Pro www.realtor.com - 2:01PM Private Lenders Remodel the Mortgage Market eyeonhousing.org - 2:01PM 14 Million Households "Priced Out" by Government Regulation Calculated Risk Blog - 2:01PM Hotels: Occupancy Rate Tracking just behind Record Year Bloomberg - 10:17AM Fed Faces 2015 Deja Vu as Markets Discount Rate-Increase Chances eyeonhousing.org - 10:16AM Housing Affordability Posts Second Straight Quarterly Gain freddiemac.mwnewsroom.com - 10:16AM Mortgage Rates Reach New 2016 Lows; 30-Year at 3-Year Low CNBC - 8:50AM US import prices rise in April Reuters - 8:50AM Fed to delay rate hike until September on tame inflation outlook: poll Reuters - 8:49AM U.S. jobless claims rise to more than one-year high Calculated Risk Blog - 7:57AM Two Years Ago: Housing Doom and Gloom Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.02 15 Yr FRM 2.92% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.62% +0.02 5/1 Yr ARM 3.04% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.57% 0.50 -0.04 15 Yr. Fixed 2.81% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 -0.02 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 3.0 102.63 -0.06 30YR FNMA 3.5 104.80 -0.09 30YR GNMA 3.0 103.53 -0.17 30YR GNMA 3.5 105.56 -0.19 15YR FNMA 3.0 104.63 -0.03 15YR FNMA 2.5 103.09 0.00 Treasuries Yield Change 2 YR 0.7580% +0.0241 5 YR 1.2366% +0.0355 10 YR 1.7499% +0.0167 30 YR 2.5999% +0.0237 Prices as of: 5/12/2016 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. © 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.