Daily Newsletter: Freddie Mac Updates Selling Guide, Introduces New Product; Boring Mortgage Rates; The Range!

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

30 Year Fixed 4.66%   +0.00 15 Year Fixed 4.17%   +0.00 10YR Treasury 2.86%   -0.0272 FNMA 30YR 3.5 99.38   +0.09 FNMA 15YR 2.5 99.36   +0.11 View Today's Rates

Thursday August 30, 2018 MND NewsWire - 10:52AM Freddie Mac Updates Selling Guide, Introduces New Product Freddie Mac will be consolidating two of its mortgage products into a single offering effective October 29, 2018. The company announced this and other changes to its Selling Guide in ... MND NewsWire - 10:35AM Freddie Mac's Portfolio up 3.2 Percent for Year Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.5 percent in July. The portfolio balance at the end of the period was $2.136 trillion ... Mortgage Rate Watch - 3:17PM Mortgage Rates: If You Like Boring, You're in Luck! Mortgage rates didn't move at all, again today. There really hasn't been any meaningful movement for more than 3 weeks. The same thing happened from late June through mid July. And ... MBS Commentary - 8:52AM MBS Day Ahead: It Would Take Some Convincing to Break The Range Remember the flat, boring range between 2.8 and 2.9? Or perhaps you prefer the slightly stricter version between 2.82 and 2.88? That's the range that dominated our conversation and ... DTC Product; CEO Events; Hedging Firms Making Moves NAR Sees Overheated Housing Market Starting to Cool Latest Video Analyst downplays contagion of currency issues within emerging markets Buffett: Jay Powell a terrific Fed chairman If Fed was more agressive we'd have a normal yield curve, says pro More News from 'Around the Web' CNBC - 2:53PM Jimmy Carter says Trump administration is ignoring affordable-housing shortage Reuters - 2:52PM Trump wants to move ahead with tariffs on Chinese imports worth $200 billion next week: Bloomberg CNBC - 11:22AM EU to US: We will scrap auto trade tariffs if you do Reuters - 11:12AM Atlanta Fed lowers U.S. third-quarter GDP view to 4.1 percent www.builderonline.com - 10:29AM Here are the Most Expensive ZIP Codes for Renters in the U.S. eyeonhousing.org - 9:52AM Mortgage Rates Flatten in July Calculated Risk Blog - 9:13AM Personal Income increased 0.3% in July, Spending increased 0.4% Reuters - 8:51AM U.S. weekly jobless claims rise, labor market still tightening Reuters - 8:14AM As clock ticks, Canada and U.S seek ways to salvage NAFTA Reuters - 8:06AM U.S. house prices to rise more than 6 percent this year, then slow: Reuters poll CNBC - 8:03AM The Fed may finally see the change in inflation trend it's been looking for Today's Rates Best Execution Rate Change 30 Yr FRM 4.66% +0.00 15 Yr FRM 4.17% +0.00 FHA 30 Year Fixed 4.38% +0.00 Jumbo 30 Year Fixed 4.35% +0.00 5/1 Yr ARM 3.99% +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 4.68% 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 4.52% 0.50 +0.01 15 Yr. Fixed 3.97% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.85% 0.30 +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 96.69 +0.13 30YR FNMA 3.5 99.38 +0.09 30YR GNMA 3.0 97.75 +0.06 30YR GNMA 3.5 100.09 -0.03 15YR FNMA 3.0 99.36 +0.11 15YR FNMA 2.5 97.16 +0.16 Treasuries Yield Change 2 YR 2.6492% -0.0323 5 YR 2.7517% -0.0320 10 YR 2.8586% -0.0272 30 YR 3.0063% -0.0168 Prices as of: 8/30/2018 3:53PM 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.