Daily Newsletter: Rates Back Near 2-Month Lows; Fed's Dudley Wants You to Refi

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

30 Year Fixed 4.12%   -0.04 15 Year Fixed 3.33%   -0.03 10YR Treasury 2.33%   -0.0729 FNMA 30YR 3.5 102.78   +0.36 FNMA 15YR 2.5 103.06   +0.20 View Today's Rates

Tuesday January 17, 2017 Mortgage Rate Watch - 4:53PM Mortgage Rates Back Near 2-Month Lows Mortgage rates moved lower today , generally recovering the losses seen last Friday. This brings many lenders back in line with the lowest levels since November 17th, although last ... MND NewsWire - 12:51PM Fed's Dudley Wants You to Refi (Safely, of Course) Debt finances additional consumption. That could be the summary of a speech given on Tuesday to the National Retail Federation's annual convention by William C. Dudley, President and ... Pipeline Press - 9:17AM Legal and Regulatory Update; Credit Risk Transfers; 2016 Non-Agency Issuance Stats Well, we have 24 business days until our next Federal holiday (President’s Day on February 20). Sigh. Much worse is this very, very sad, troubling statistic: News came out that ... MBS Commentary - 8:46AM MBS Week Ahead: For Bonds, Still About Stocks and "The Range" January continues playing host to the same level of stock/bond correlation that we typically see at the end and beginning of any given year. Beyond calendar considerations, we also ... Carson will "Examine" FHA Premium Cut Primer on HUD and Carson Testimony, Thoughts on MIP Cut, and Reduced Government Footprint Latest Video Deutsche Bank to pay $7.2B in mortgage settlement Cashin: Post-election zoom is flagging a bit BAC CEO: Rates should rise for the right reason More News from 'Around the Web' www.builderonline.com - 3:30PM This Forecast Isn't Pretty for Southern California Home Prices Reuters - 3:29PM Deutsche Bank signs $7.2 billion deal with U.S. over risky mortgages www.redfin.com - 2:10PM 6 Surprising Things That Can Stall Your Mortgage Approval CNBC - 11:37AM Rising home values not enough to shake consumers' memories of the financial crisis, Fed's Dudley says eyeonhousing.org - 11:37AM Consumer Credit Grows but Some Risks Lurk Market Watch - 11:36AM Fed would respond with higher rates if Trump fiscal policy not done right, Brainard says Market Watch - 9:56AM The Fed: New York Fed chief Dudley has an idea — homeowners should tap into equity CNBC - 9:20AM Fed's Dudley sees low chance of Fed snuffing out expansion soon www.gallup.com - 9:20AM As Trump Takes Office, Confidence in Economy Remains Upbeat www.freddiemac.com - 9:19AM Preparing for the UCD Deadline: Tools and Tips Reuters - 8:14AM Futures fall on Brexit worries, Trump's dollar comments Bloomberg - 8:11AM The Bond Market Isn't Dead Yet for This JPMorgan Fund Bloomberg - 8:10AM Draghi Seen Staying Strong on QE With Faster Inflation No Bar Bloomberg - 8:09AM Why Republican Tax Reform Could Be a U.S. Corporate Bond Bonanza Today's Rates Best Execution Rate Change 30 Yr FRM 4.12% -0.04 15 Yr FRM 3.33% -0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.18% -0.04 5/1 Yr ARM 3.02% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.12% 0.50 -0.08 15 Yr. Fixed 3.37% 0.50 -0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.23% 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 99.73 +0.47 30YR FNMA 3.5 102.78 +0.36 30YR GNMA 3.0 101.36 +0.42 30YR GNMA 3.5 103.98 +0.33 15YR FNMA 3.0 103.06 +0.20 15YR FNMA 2.5 100.63 +0.20 Treasuries Yield Change 2 YR 1.1524% -0.0447 5 YR 1.8226% -0.0760 10 YR 2.3253% -0.0729 30 YR 2.9293% -0.0617 Prices as of: 1/17/2017 4:32PM 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. © 2017 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.