Daily Newsletter: Dodd-Frank Fixes Set for Senate Passage; House Poised to Pounce; Rates Just Barely Lower

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

30 Year Fixed 4.57%   -0.01 15 Year Fixed 3.93%   -0.01 10YR Treasury 2.87%   -0.0293 FNMA 30YR 3.5 99.67   +0.09 FNMA 15YR 2.5 99.70   +0.06 View Today's Rates

Monday March 12, 2018 MND NewsWire - 10:29AM Dodd-Frank Fixes Set for Senate Passage; House Posed to Pounce The Senate looks set to pass Senate Bill 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, which seeks to undo some of the provisions of the Dodd-Frank Wall ... Mortgage Rate Watch - 4:44PM Mortgage Rates Just Barely Lower Ahead of Key Inflation Data Mortgage rates spent the entirety of last week at the same levels based on end-of-day rates sheets from the average lender. That was a tremendously uncommon length of time for rates ... Pipeline Press - 9:11AM Sales Workshops; Reports on Nonbank Lending; Amazon Mortgage? Rates have gone up, refi volumes are dropping, and LOs are having plenty of discussions with potential borrowers about “rent vs. buy.” SmartAsset has now set up an interactive ... MBS Commentary - 9:34AM MBS Week Ahead: Key Inflation Data and Auctions Ahead of Fed Week Thanks to February's lower day count throwing off the normal cadence of Treasury auctions, bond markets will have to take down 3 auctions in the first 2 days of the week. Today, that ... Not all Recoveries are Created Equal FHA and VA Updates; U.S. Economy Continues to Strengthen Latest Video This rally is relief it's not Navarro at NEC: Art Cashin Markets having trouble dealing with rate hikes, says strategist Rolling back Dodd-Frank More News from 'Around the Web' Bloomberg - 5:08PM US Posts Biggest Budget Deficit Since 2012 CNBC - 5:08PM US states with the worst income inequality Bloomberg - 4:36PM Bond Market's Most Feared Traders Threaten Treasuries Once Again CNBC - 4:36PM Here's how bond investors can position themselves with rates on the rise CNBC - 2:41PM Larry Kudlow's former boss thinks he would be the 'wrong voice' to replace Cohn at the White House CNBC - 2:38PM Trump wants a 'phase two' of tax cuts Calculated Risk Blog - 2:38PM February Employment Report: Prime Participation and Diffusion Indexes www.consumerfinancemonitor.com - 2:37PM CFPB finalizes amendments to timing requirements for bankruptcy periodic statements Bloomberg - 12:56PM Princeton Must Build More Affordable Housing, NJ Judge Rules CNBC - 12:47PM Corporate tax rates have fallen 9% since the financial crisis CNBC - 11:38AM Cramer: Larry Kudlow is the front runner to be Trump's top economic advisor, replacing Gary Cohn Calculated Risk Blog - 10:57AM BLS: Unemployment Rates Lower in 6 states in January; Alabama, California, Maine and Mississippi at New Series Lows Bloomberg - 10:57AM Hedge Funds That Use AI Just Had Their Worst Month Ever Calculated Risk Blog - 9:31AM Oil Rigs "Big rig drop, another inflection point" The Basis Point - 8:46AM How loanDepot became #5 U.S. retail lender in just 8 years (Bloomberg TV) Bloomberg - 8:43AM Bond Traders Haven't Been So Leery of US Auctions Since Crisis www.builderonline.com - 8:43AM U.S. Household Net Worth Hits Record $98.7T www.realtor.com - 8:43AM Where Homes Are Flying Off the Market—and Where They're Lingering Longest Today's Rates Best Execution Rate Change 30 Yr FRM 4.57% -0.01 15 Yr FRM 3.93% -0.01 FHA 30 Year Fixed 4.37% -0.01 Jumbo 30 Year Fixed 4.59% -0.01 5/1 Yr ARM 3.62% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.64% 0.61 +0.07 15 Yr. Fixed 4.02% 0.66 +0.02 30 Yr. Jumbo 4.62% 0.50 +0.07 30 Yr. FHA 4.58% 0.71 +0.04 5/1 ARM 3.72% 0.39 -0.02 Freddie Mac ** 30 Yr. Fixed 4.46% 0.50 +0.03 15 Yr. Fixed 3.94% 0.50 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.63% 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 96.83 +0.09 30YR FNMA 3.5 99.67 +0.09 30YR GNMA 3.0 97.88 +0.11 30YR GNMA 3.5 100.53 +0.02 15YR FNMA 3.0 99.70 +0.06 15YR FNMA 2.5 97.58 +0.05 Treasuries Yield Change 2 YR 2.2620% +0.0000 5 YR 2.6350% -0.0169 10 YR 2.8663% -0.0293 30 YR 3.1284% -0.0330 Prices as of: 3/12/2018 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. © 2018 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.