Daily Newsletter: Freddie and Fannie Will Pay Up; Rates and Bonds Little-Changed in Q1

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

30 Year Fixed 4.19%   -0.02 15 Year Fixed 3.40%   -0.02 10YR Treasury 2.39%   -0.0323 FNMA 30YR 3.5 102.33   +0.22 FNMA 15YR 2.5 102.53   +0.13 View Today's Rates

Friday March 31, 2017 MND NewsWire - 11:39AM Freddie and Fannie Will Pay Up After gathering little attention for nearly a decade, the two GSEs, Fannie Mae and Freddie Mac are making news on several fronts. Two developments in the last few days are worth noting ... Mortgage Rate Watch - 4:59PM Mortgage Rates End Week Little-Changed Mortgage rate were unchanged to slightly lower today. Once again, the actual change you see will depend heavily on the lender in question. Most are fairly close to yesterday's latest ... MBS Commentary - 4:56PM MBS RECAP: Bonds Almost Perfectly Unchanged in Q1 Month/Quarter-end bond buying was nowhere to be seen until today. It can provide a mild but determined positive trend in bond markets that transcends economic data. Case in point, Core ... Pipeline Press - 9:47AM PHH to Lose CEO; Fannie/Freddie Changes--Their Future Remains Uncertain Let’s end the week with a non-mortgage question, but one that you mathaletes will enjoy. What would happen if you were hit by a penny falling from a skyscraper ? Fannie Mae and ... MBS Day Ahead: Technical Levels Under Attack Regardless of Data MLS and Public Records Largely Agree on Comparable Prices Latest Video Real Estate moguls share a common mistake to avoid when flipping a home Personal income up 0.4% in February Fed's Dudley: After last hike, rates 'still unusually low' More News from 'Around the Web' CNBC - 4:26PM Homebuilder stocks tracking for best quarter in more than 2 years Reuters - 3:26PM Fannie, Freddie may write down $21 billion due to tax cut: BMO Calculated Risk Blog - 3:26PM Fannie Mae: Mortgage Serious Delinquency rate declined in February, Lowest since March 2008 The Atlantic - 3:26PM Americans Feel More Confident About the Economy Reuters - 1:02PM Fed signals it could promptly start shedding bonds from portfolio this year Calculated Risk Blog - 1:02PM Reis: Apartment Vacancy Rate increased in Q1 to 4.3% CNBC - 10:43AM Dudley thinks the Fed could answer its $4.5 trillion question later this year CNBC - 10:43AM US consumer sentiment disappoints in final March reading CNBC - 10:42AM Here's how much the average young family has saved for retirement Reuters - 10:42AM Oil retreats, set to become worst-performing asset in first quarter Reuters - 10:02AM Consumer spending posts smallest gain in six months www.redfin.com - 8:30AM Lack of Homes for Sale is a Problem for Sellers, Too Reuters - 8:29AM Wells Fargo must face litigation on defective mortgages: U.S. judge Fannie Mae - 8:29AM Fannie Mae Releases February 2017 Monthly Summary ... Today's Rates Best Execution Rate Change 30 Yr FRM 4.19% -0.02 15 Yr FRM 3.40% -0.02 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.43% -0.01 5/1 Yr ARM 3.10% -0.01 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 4.14% 0.50 -0.09 15 Yr. Fixed 3.39% 0.40 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.18% 0.40 -0.06 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 99.20 +0.27 30YR FNMA 3.5 102.33 +0.22 30YR GNMA 3.0 100.91 +0.23 30YR GNMA 3.5 103.58 +0.20 15YR FNMA 3.0 102.53 +0.13 15YR FNMA 2.5 100.05 +0.16 Treasuries Yield Change 2 YR 1.2619% -0.0238 5 YR 1.9245% -0.0412 10 YR 2.3892% -0.0323 30 YR 3.0118% -0.0225 Prices as of: 3/31/2017 5:06PM 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.

Daily Newsletter: For Rates, Once Again, It Depends; MLS and Public Records Aligned on Comps; ARMs on The Upswing

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

30 Year Fixed 4.21%   +0.00 15 Year Fixed 3.42%   +0.00 10YR Treasury 2.42%   +0.0414 FNMA 30YR 3.5 102.11   -0.16 FNMA 15YR 2.5 102.41   -0.13 View Today's Rates

Thursday March 30, 2017 Mortgage Rate Watch - 5:20PM For Mortgage Rates, Once Again, It Depends For the third day in a row, day-over-day mortgage rate movement depends heavily on the lender. That means some lenders will be in noticeably better shape vs their latest offerings from ... MND NewsWire - 10:01AM MLS and Public Records Largely Agree on Comparable Prices Appraised values are key in underwriting a mortgage loan and CoreLogic says one of the challenges is to make sure the information an appraisal provides is valid. Appraisers are supposed ... Pipeline Press - 9:48AM ARM Primer; Investor Fee and SRP Changes - Cost of Lending Changing On this date in 1867, 150 years ago, a few years before I started trading MBS, Seward’s Folly was created. Put another way, on this date a treaty was signed where the United States ... MBS Commentary - 9:32AM MBS Day Ahead: Burden of Proof on Bonds to Justify Rally With 10yr yields having made it close to 2017's lower range in the most recent rally, the burden of proof is on bond bulls to come up with j ustification for any additional gains . ... Second Best Month in 11 Years for Pending Home Sales Time for FHA to Ease Credit - and Lender Angst Latest Video Fed's Dudley: After last hike, rates 'still unusually low' Debt and deficits set to spiral Market is waiting for next act to happen: Pro More News from 'Around the Web' Market Watch - 4:42PM Fed is not taking away the punch bowl, just adding ‘a bit more fruit juice,' Dudley says CNBC - 4:41PM Fed's Dudley says rate hikes are appropriate to reduce the risk of overheating Market Watch - 3:29PM Fed's Kaplan sees risk Washington could derail the expansion Market Watch - 1:54PM Here's why it's getting harder to ignore rising subprime auto defaults Market Watch - 11:56AM Factor in these fees if you're considering a reverse mortgage Market Watch - 11:54AM Fed's Mester not worried about expected slowdown in first-quarter GDP freddiemac.mwnewsroom.com - 11:52AM Mortgage Rates See Another Significant Decline www.cfpbmonitor.com - 11:52AM CFPB proposes alignment of Regulation B and Regulation C requirements regarding collection of consumer ethnicity and race information CNBC - 9:37AM Consumers powered fourth-quarter economic growth at faster pace than estimated CNBC - 9:37AM Applications for US unemployment aid fell to 258K last week CNBC - 9:35AM US stocks open flat after key economic data; oil, Fed speakers in focus Bloomberg - 8:34AM Senators Warn Against Suspending Fannie, Freddie Dividends www.realtor.com - 8:34AM America's 20 Hottest Real Estate Markets in March 2017 Today's Rates Best Execution Rate Change 30 Yr FRM 4.21% +0.00 15 Yr FRM 3.42% +0.00 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.44% +0.01 5/1 Yr ARM 3.11% -0.01 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 4.14% 0.50 -0.09 15 Yr. Fixed 3.39% 0.40 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.18% 0.40 -0.06 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 98.94 -0.23 30YR FNMA 3.5 102.11 -0.16 30YR GNMA 3.0 100.67 -0.14 30YR GNMA 3.5 103.38 -0.13 15YR FNMA 3.0 102.41 -0.13 15YR FNMA 2.5 99.89 -0.16 Treasuries Yield Change 2 YR 1.2857% +0.0119 5 YR 1.9657% +0.0380 10 YR 2.4215% +0.0414 30 YR 3.0343% +0.0471 Prices as of: 3/30/2017 5:06PM 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.