Daily Newsletter: Worst Week For Rates Since March, and a Counterpoint; Does Refi Advertising Help or Hurt?

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

30 Year Fixed 4.07%   +0.01 15 Year Fixed 3.32%   +0.01 10YR Treasury 2.30%   +0.0353 FNMA 30YR 3.5 102.66   -0.22 FNMA 15YR 2.5 102.59   -0.13 View Today's Rates

Friday June 30, 2017 Mortgage Rate Watch - 3:43PM Worst Week For Mortgage Rates Since March Mortgage rates moved higher for a 4th straight day to end the month of June. In terms of upward movement, this has been the worst week for mortgage rates since early March, 2017. Most ... MND NewsWire - 3:07PM A Counterpoint For Recent Move Higher in Bond Yields The yield on the 10-year Treasury note hit its highest level in a little over month in Friday trading. But some strategists say bond yields edging up is not an indication that economic ... MND NewsWire - 1:02PM Does Refi Advertising Help or Hurt Borrowers and Lenders? "Mortgage borrowers frequently make costly refinancing mistakes by either refinancing when they should wait, or by waiting when they should refinance." That is the working premise of ... Pipeline Press - 9:20AM Fannie and Freddie Conventional Conforming Changes Across Multiple Lenders Huh? The year is half over? Didn’t 2017 just start? Time has a way of flying by. Via rocket ship. July starts tomorrow… and we hear of a new marketing idea. SoFi is offering ... MBS Day Ahead: Month/Quarter-End Tradeflows Make For Uncertain Conclusions Average FICOs Declining; Fannie G-Fees Bounce Higher -UI Chartbook Latest Video Will markets rally or correct in the second half? Consumer sentiment index at 95.1 vs. 94.4 estimate Personal income up 0.4% in May More News from 'Around the Web' CNBC - 3:08PM Rising homeowner rates could have implications for renting eyeonhousing.org - 3:08PM Residential Fixed Investment Reaches Near-Decade High Bloomberg - 2:58PM Wells Fargo Unsettles Mortgage Bond Market by Holding Back Funds Calculated Risk Blog - 10:46AM Chicago PMI Increases in June, Highest in Three Years CNBC - 10:46AM Consumer sentiment hits lowest level since November CNBC - 8:45AM US consumer spending up just 0.1%, despite income gain www.builderonline.com - 8:35AM Percentage of Homebuyers That Made an Offer Sight-Unseen Up From 2016 CNBC - 8:35AM A Yellen replacement is unlikely to throw Fed off course, says Bullard www.consumerfinancemonitor.com - 8:32AM Treasury report on U.S. financial system recommends extensive mortgage lending reforms Today's Rates Best Execution Rate Change 30 Yr FRM 4.07% +0.01 15 Yr FRM 3.32% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.33% +0.02 5/1 Yr ARM 3.16% +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 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 3.88% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.17% 0.50 +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 99.83 -0.30 30YR FNMA 3.5 102.66 -0.22 30YR GNMA 3.0 100.97 -0.44 30YR GNMA 3.5 103.52 -0.34 15YR FNMA 3.0 102.59 -0.13 15YR FNMA 2.5 100.42 -0.20 Treasuries Yield Change 2 YR 1.3856% +0.0124 5 YR 1.8867% +0.0365 10 YR 2.3019% +0.0353 30 YR 2.8332% +0.0190 Prices as of: 6/30/2017 4:26PM 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: Rates Highest in More Than 2 Weeks; Lopsided Conditions Drag Down Sales; Apps Ebb; Waivers For Early Compliance

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

30 Year Fixed 4.02%   +0.02 15 Year Fixed 3.28%   +0.01 10YR Treasury 2.23%   +0.0228 FNMA 30YR 3.5 103.03   +0.02 FNMA 15YR 2.5 102.80   0.00 View Today's Rates

Wednesday June 28, 2017 Mortgage Rate Watch - 4:39PM Mortgage Rates Highest in More Than 2 Weeks Mortgage rates moved moderately higher again today, as investors continued digesting the possibility of a "taper tantrum" in Europe. The US version of the taper tantrum occurred in ... MND NewsWire - 10:39AM "Lopsided Conditions" Dragging Down Pending Home Sales Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR's) Pending Home Sale Index ... MND NewsWire - 10:01AM Waivers Granted for Early Compliance with Servicing Rules The Consumer Financial Protection Bureau (CFPB) says it has learned that some servicers anticipate some calendar-related problems in complying with the final rule amending mortgage ... MND NewsWire - 8:47AM Mortgage Application Activity Slows Significantly Applications for mortgages plunged during the week ended June 23, even as interest rates remained relatively stable. The Mortgage Bankers Association (MBA) said its Market Composite ... The Economy and Rates; Originator Training; Freedom Takes a Bite Out of the Big Apple MBS Day Ahead: Bond Markets Debating Seriousness of ECB Tapering Risk Latest Video Santelli Exchange: Is the U.S. 10-year establishing a new range? Pending home sales drop 0.8 percent in May Boockvar: The markets are going to learn central banks are not their friends More News from 'Around the Web' Calculated Risk Blog - 3:44PM Zillow Forecast: "May Case-Shiller Forecast: Expect the Cooldown to Continue" Calculated Risk Blog - 2:47PM Reis: Mall Vacancy Rate increased in Q2 2017 www.realtor.com - 2:47PM Labor Shortage Squeezes Real-Estate Developers Bloomberg - 2:47PM Kumar: Don't Ignore Yellen's Valuation Warning Bloomberg - 11:15AM Draghi Tried to Be Cautious But Spooked the Market Anyway - Bloomberg CNBC - 10:05AM Pending home sales tumble as supply crisis hits sales CNBC - 9:27AM 'What's the rush' on interest rate hikes, asks Fed's Kashkari info.trulia.com - 8:45AM Trulia: Falling Inventory Has Led To Hurried Homebuying www.redfin.com - 8:44AM One in Three Recent Homebuyers Made an Offer Sight-Unseen—Up from Nearly One in Five a Year Ago Market Watch - 8:43AM The Wall Street Journal: Now it's easier to buy a home even if you have student loans Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% +0.02 15 Yr FRM 3.28% +0.01 FHA 30 Year Fixed 3.65% +0.00 Jumbo 30 Year Fixed 4.27% +0.02 5/1 Yr ARM 3.13% +0.04 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 3.90% 0.50 -0.01 15 Yr. Fixed 3.17% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.14% 0.50 -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 3.0 100.36 -0.05 30YR FNMA 3.5 103.03 +0.02 30YR GNMA 3.0 101.47 -0.33 30YR GNMA 3.5 103.78 -0.22 15YR FNMA 3.0 102.80 0.00 15YR FNMA 2.5 100.73 -0.02 Treasuries Yield Change 2 YR 1.3533% -0.0199 5 YR 1.8189% +0.0074 10 YR 2.2261% +0.0228 30 YR 2.7788% +0.0292 Prices as of: 6/28/2017 5:05PM 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: Signs of Slowing Despite Record High Home Prices; Rates Bounce Higher; More GSE Drama?

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

30 Year Fixed 4.00%   +0.03 15 Year Fixed 3.27%   +0.02 10YR Treasury 2.21%   +0.0699 FNMA 30YR 3.5 103.00   -0.28 FNMA 15YR 2.5 102.78   -0.22 View Today's Rates

Tuesday June 27, 2017 MND NewsWire - 10:27AM Signs of Deceleration Despite Record High Home Price Index - Case-Shiller The S&P CoreLogic Case-Shiller National Home Price Index for April set a record high , on a non-seasonally adjusted (NSA) basis for the fifth consecutive month. Some of the Case ... MND NewsWire - 1:59PM Curtain May be Rising on Another GSE Drama Bloomberg is reporting there appears to be yet another plan in the long running reality show featuring the government sponsored enterprises or GSEs. Fannie Mae and Freddie Mac, which ... Mortgage Rate Watch - 3:50PM Mortgage Rates Bounce Higher Mortgage rates saw their biggest bounce higher in more than a week today as domestic bond markets (which dictate rates) followed a much bigger move in European bond markets. The European ... Pipeline Press - 9:31AM Investor Updates; Upcoming Training and Events Worries about Europe’s economies have, in most part, subsided. But rumors swirl regarding The Land of Lincoln. Illinois, it seems, isn't doing too well financially . Underwriters ... MBS Day Ahead: Rattled by Draghi, Traders Wait For Yellen Perceived Sellers' Market Could Lead to Inventory Gains Latest Video Senate health-care vote delay is significant: Cowen Housing inventory has gotten worse as demand rises US home prices grow just 5.5 percent in April, missing analysts' expectations More News from 'Around the Web' Calculated Risk Blog - 2:54PM Real House Prices and Price-to-Rent Ratio in April CNBC - 2:02PM Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime' CNBC - 1:14PM Watch Fed Chair Janet Yellen and Lord Nicholas Stern discuss world economic issues freddiemac.mwnewsroom.com - 1:14PM Will the Hispanic Homeownership Gap Persist? Reuters - 12:17PM Yields rise with European debt after upbeat Draghi comments Calculated Risk Blog - 12:16PM Reis: Apartment Vacancy Rate increased in Q2 to 4.4% Bloomberg - 11:03AM A Mystery Fed Candidate Won a Seat at the FOMC Table, Then Walked Away CNBC - 11:03AM Consumer confidence gains in June, topping estimates Reuters - 10:01AM Wells Fargo to sell commercial insurance business www.builderonline.com - 8:44AM Real Estate Ponzi Scheme Unearthing Leads to Guilty Plea Market Watch - 8:44AM Here's how to invest in real estate â€" think Warren Buffett-style, not shopping malls www.gallup.com - 8:43AM Americans' Confidence in Economy Remains Barely Positive CNBC - 8:43AM Draghi speaks of 'strengthening and broadening recovery' in euro zone, but says stimulus must remain CNBC - 8:41AM A Republican and a Democrat team up to split Fannie Mae and Freddie Mac www.consumerfinancemonitor.com - 4:57PM House member launches fintech lending investigation CNBC - 4:07PM Here's the worrisome 'conundrum' taking place in the bond market right now Today's Rates Best Execution Rate Change 30 Yr FRM 4.00% +0.03 15 Yr FRM 3.27% +0.02 FHA 30 Year Fixed 3.65% +0.00 Jumbo 30 Year Fixed 4.25% +0.01 5/1 Yr ARM 3.09% +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 3.90% 0.50 -0.01 15 Yr. Fixed 3.17% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.14% 0.50 -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 3.0 100.41 -0.39 30YR FNMA 3.5 103.00 -0.28 30YR GNMA 3.0 101.77 +0.05 30YR GNMA 3.5 103.97 -0.02 15YR FNMA 3.0 102.78 -0.22 15YR FNMA 2.5 100.72 -0.28 Treasuries Yield Change 2 YR 1.3732% +0.0368 5 YR 1.8132% +0.0567 10 YR 2.2051% +0.0699 30 YR 2.7533% +0.0578 Prices as of: 6/27/2017 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. © 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.