Daily Newsletter: Fannie Sees Fed Waiting, Housing Cooling; Rates Near Highs Ahead of Fed; Construction Numbers Lag

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30 Year Fixed 3.48%   +0.01 15 Year Fixed 2.83%   +0.01 10YR Treasury 1.69%   -0.0191 FNMA 30YR 3.5 105.17   +0.02 FNMA 15YR 2.5 104.66   +0.03 View Today's Rates

Tuesday September 20, 2016 MND NewsWire - 10:15AM Fannie Sees Fed Waiting, Housing Cooling Fannie Mae says that early bets on third quarter economic growth are around 3.0 percent which has the Federal Reserve talking again about raising the fed funds target rate, but odds ... Mortgage Rate Watch - 2:54PM Mortgage Rates Near Recent Highs Ahead of Fed Mortgage Rates were slightly higher in most cases today, although there were a few lenders in better shape. This runs counter to movement seen in underlying bond markets, which in slightly ... MND NewsWire - 10:04AM Housing Starts, Building Permits Slowed in August All three measures of residential construction activity fell in August compared to the July numbers and one, building permits, continued to lag year-ago levels. The report from the ... Pipeline Press - 9:33AM Training and Events; Non-Agency Primary/Secondary Market Trends; PHH Layoffs Bill C. writes, “I found a new pitchman for the mortgage industry (at least in Russia). President Vladimir Putin advises people to take out mortgages right now ." Hey, why wait ... MBS Day Ahead: Range-Trade Intact as Central Banks Approach Builder Confidence Matches Post-Crisis High Latest Video Santelli: 10-year Treasury up an even dozen bps since last Fed meeting Housing starts down 5.8% in August CNBC Survey: 84% say Fed is not playing politics More News from 'Around the Web' CNBC - 3:14PM Bill Gross: Better chance than you think of a Fed rate hike coming Wednesday CNBC - 3:11PM Fed playbook: Strategy for tomorrow's decision CNBC - 1:12PM Homebuilders tumble on weak housing data, Lennar outlook Market Watch - 1:12PM Here's what Yellen would get asked if economists were let into the press conference Reuters - 1:12PM Atlanta Fed downgrades U.S. third-quarter GDP view to 2.9 percent www.realtor.com - 1:11PM More New Homes Are Going Up, and Not Just for Luxury Buyers CNBC - 10:51AM Wells Fargo CEO Stumpf takes stand before Senate; expected to apologize freddiemac.mwnewsroom.com - 10:46AM Freddie Mac September 2016 Outlook Bloomberg - 10:45AM One Chart Shows Why U.S. Housing Starts Are Poised to Surge CNBC - 8:36AM US housing starts, building permits fall in August Bloomberg - 8:35AM Lennar Beats Estimates as Low Interest Rates, Jobs Boost Demand CNBC - 8:34AM Start-up mansion fix for 'America's worst housing market' CNBC - 8:32AM US Treasury yield curve flattens as Fed, Bank of Japan meet Bloomberg - 8:32AM Supersized Corporate Bond Sales Are Taking a Bigger Bite Out of an $8 Trillion Market Today's Rates Best Execution Rate Change 30 Yr FRM 3.48% +0.01 15 Yr FRM 2.83% +0.01 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.63% +0.01 5/1 Yr ARM 2.86% +0.01 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 3.50% 0.50 +0.06 15 Yr. Fixed 2.77% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.40 +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 3.0 103.39 +0.08 30YR FNMA 3.5 105.17 +0.02 30YR GNMA 3.0 104.20 -0.08 30YR GNMA 3.5 105.97 -0.09 15YR FNMA 3.0 104.66 +0.03 15YR FNMA 2.5 103.19 +0.03 Treasuries Yield Change 2 YR 0.7784% +0.0000 5 YR 1.2017% -0.0147 10 YR 1.6892% -0.0191 30 YR 2.4324% -0.0227 Prices as of: 9/20/2016 3:47PM 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

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