Daily Newsletter: Rates, Uncertainty Remain High; New Home Sales Relatively Strong; Mortgage Apps Slilde

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

30 Year Fixed 3.56%   +0.01 15 Year Fixed 2.87%   +0.01 10YR Treasury 1.79%   +0.0319 FNMA 30YR 3.5 105.06   -0.05 FNMA 15YR 2.5 104.67   -0.02 View Today's Rates

Wednesday October 26, 2016 Mortgage Rate Watch - 4:37PM Mortgage Rates (And Uncertainty) Remain High Mortgage Rates didn't move much today, with most lenders just slightly higher than yesterday. This keeps us right in line with the highest levels in more than 4 months. For the sake ... MND NewsWire - 10:49AM New Home Sales Relatively Strong, Despite Downward Revision New home sales resumed their upward march in September, rising above August sales which had retreated significantly from a near decade-long high of 629,000 units set in July. The Census ... Pipeline Press - 9:42AM Bank M&A; FHA & VA Updates; Re/Max Rolls Out New Mortgage Company It is well documented that “women spend more time wondering what men are thinking than men spend thinking.” Lemon Drops move over! (For those of you who don’t know ... MND NewsWire - 8:12AM Declining Purchases Lead Mortgage Apps Lower Mortgage applications declined on a seasonally adjusted basis during the week ended October 21 compared to the week ended October 14. The results for the earlier week included an adjustment ... MBS Day Ahead: Trend Remains Unfriendly, But MBS Outperform FHFA, Case-Shiller Agree: Price Appreciation Staying Strong Latest Video Q3 GDP forecasts surge on trade, housing data Fed won't act in November: Economist Mortgage apps drop 4.1% More News from 'Around the Web' freddiemac.mwnewsroom.com - 5:15PM Freddie Mac Issues Monthly Volume Summary for September 2016 www.cfpbmonitor.com - 3:57PM Cordray remarks to MBA signal continued CFPB focus on servicing, likely petition for rehearing in PHH case Market Watch - 2:22PM ‘High pressure economy' may punish both stocks and bonds in 2017 Calculated Risk Blog - 2:22PM Zillow Forecast: Expect "Modest Acceleration" in YoY Growth in September for the Case-Shiller Indexes www.realtor.com - 2:22PM First-Time Buyers Find Fewer New Homes to Choose From CNN - 12:28PM Housing bubble fears have returned Calculated Risk Blog - 12:28PM A few Comments on September New Home Sales www.corelogic.com - 9:44AM CoreLogic Data Shows 1.8 Million Homes in 13 Western US States at Severe Risk of Wildfire CNBC - 9:43AM Utility bills can be a big shocker when you buy a home www.builderonline.com - 9:43AM Caterpillar's Q3 Earnings Results Put Economy on Watch CNBC - 8:23AM How the Fed could pull a November surprise CNBC - 8:22AM Plunging home improvement stocks raise questions about the housing market Today's Rates Best Execution Rate Change 30 Yr FRM 3.56% +0.01 15 Yr FRM 2.87% +0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.72% +0.01 5/1 Yr ARM 2.89% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.05% 1.21 -0.03 30 Yr. Fixed 3.74% 1.37 -0.06 MBA ** 30 Yr. Fixed 3.66% 0.33 -0.04 15 Yr. Fixed 2.95% 0.38 -0.04 30 Yr. Jumbo 3.64% 0.28 -0.05 30 Yr. FHA 3.52% 0.21 -0.04 5/1 ARM 2.92% 0.40 -0.07 Freddie Mac ** 30 Yr. Fixed 3.52% 0.50 +0.05 15 Yr. Fixed 2.79% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.85% 0.40 +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 3.0 103.17 -0.09 30YR FNMA 3.5 105.06 -0.05 30YR GNMA 3.0 104.19 -0.13 30YR GNMA 3.5 106.08 -0.03 15YR FNMA 3.0 104.67 -0.02 15YR FNMA 2.5 102.97 -0.05 Treasuries Yield Change 2 YR 0.8724% +0.0160 5 YR 1.3023% +0.0248 10 YR 1.7914% +0.0319 30 YR 2.5397% +0.0381 Prices as of: 10/26/2016 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.