Daily Newsletter: Existing Home Sales Below Expectations; Mortgage Apps Improve

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

30 Year Fixed 4.68%   +0.03 15 Year Fixed 4.13%   +0.02 10YR Treasury 2.94%   +0.0403 FNMA 30YR 3.5 99.08   -0.16 FNMA 15YR 2.5 99.03   -0.08 View Today's Rates

Wednesday June 20, 2018 MND NewsWire - 10:55AM Existing Home Sales Below Expectations for Second Month Analysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of Realtors® (NAR) reported a second ... MND NewsWire - 8:16AM Mortgage Application Volume Second Highest of Year Mortgage interest rates waffled, moving in different directions depending on the product last week, but the volume of mortgage applications increased rather decisively . The Mortgage ... Mortgage Rate Watch - 4:48PM Mortgage Rates Edge Slightly Higher Mortgage rates moved modestly higher today after holding in roughly the same territory for the past 3 days. This brings them back in line with last Thursday's levels. In general, trade ... Pipeline Press - 8:59AM Credit Scoring and HR Products; Freddie and Fannie - Never Standing Still onight/tomorrow morning is the summer solstice. I am in Minneapolis at an ACUMA workshop and where the sun will set tonight at 9:03. (I suppose ACUMA could have held its event in Anchorage ... MBS Day Ahead: Checking in With "Longer-Term Trend" A New CFPB Director? Perhaps That's Not the Intention Latest Video Markets trading trade turmoil Fed's Powell: Case remains strong for continued rate increases Escalating tariffs pose major risks to the economy More News from 'Around the Web' www.consumerfinancemonitor.com - 5:50PM HUD seeks comment on disparate impact rule; Ballard Spahr to hold July 19 webinar Bloomberg - 2:58PM US Trade Disputes Get Top Central Bankers Increasingly Worried Calculated Risk Blog - 2:50PM AIA: "Architecture firm billings strengthen in May" Bloomberg - 1:42PM Pimco's Kiesel Warns of 'More Volatility Ahead' www.realtor.com - 1:42PM Up, Up, and Away: Prices of Existing Homes Hit All-Time High CNBC - 1:42PM 15 cities where home prices are skyrocketing CNBC - 11:57AM Chinese investment in the US drops 90% amid political pressure webfeeds.brookings.edu - 11:51AM Spurring innovation and competition in the U.S. economy www.consumerfinancemonitor.com - 11:23AM Democratic Senators seek documents from Kraninger about her role in "zero-tolerance" policy CNBC - 9:45AM Nantucket home prices hit new records CNBC - 9:44AM Fed Chair Powell calls case 'strong' for more interest rate hikes CNBC - 9:06AM Millennials moving out of Mom and Dad's place, study shows Reuters - 9:02AM EU to impose duties on U.S. imports Friday after Trump tariffs CNBC - 8:11AM US Treasury yields tick higher as trade turmoil continues to rattle markets Bloomberg - 8:10AM Hurricane-Proof Homes Are Real. Why Isn't Anyone Buying Them? Bloomberg - 8:10AM US Growth Is 'Close to a Peak', But Risks Are Mounting Today's Rates Best Execution Rate Change 30 Yr FRM 4.68% +0.03 15 Yr FRM 4.13% +0.02 FHA 30 Year Fixed 4.42% +0.04 Jumbo 30 Year Fixed 4.72% +0.04 5/1 Yr ARM 4.00% +0.02 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 4.68% 0.46 -0.01 15 Yr. Fixed 4.12% 0.51 +0.05 30 Yr. Jumbo 4.55% 0.37 +0.00 30 Yr. FHA 4.69% 0.81 -0.04 5/1 ARM 3.83% 0.68 -0.10 Freddie Mac ** 30 Yr. Fixed 4.62% 0.40 +0.08 15 Yr. Fixed 4.07% 0.40 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.83% 0.30 +0.09 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 96.34 -0.16 30YR FNMA 3.5 99.08 -0.16 30YR GNMA 3.0 97.55 0.00 30YR GNMA 3.5 100.02 -0.11 15YR FNMA 3.0 99.03 -0.08 15YR FNMA 2.5 96.81 -0.09 Treasuries Yield Change 2 YR 2.5659% +0.0166 5 YR 2.8077% +0.0358 10 YR 2.9370% +0.0403 30 YR 3.0743% +0.0436 Prices as of: 6/20/2018 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.