Daily Newsletter: Existing Home Sales Break Free From Losing Streak; Rates Stick to Script

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

30 Year Fixed 4.94%   +0.01 15 Year Fixed 4.43%   +0.00 10YR Treasury 3.06%   +0.0000 FNMA 30YR 3.5 97.59   +0.03 FNMA 15YR 2.5 98.33   0.00 View Today's Rates

Wednesday November 21, 2018 MND NewsWire - 11:55AM Existing Home Sales Break Free From Losing Streak, Posting October Gains Existing home sales broke their extended losing streak in October, increasing 1.4 percent from September to a seasonally adjusted annual rate of 5.22 million completed sales. It was ... Mortgage Rate Watch - 4:55PM Mortgage Rates Stick to Normal Thanksgiving Script Mortgage rates were almost perfectly flat today, and have been largely unchanged since last Friday. If you were forced to predict such a thing at the end of last week, the odds would ... MND NewsWire - 8:25AM Troublesome Housing Sector Drags Down Economic Projections Fannie Mae's Economic and Strategic Research Group (ESR) upped their projection for economic growth slightly, to 3.1 percent this year , but say housing will probably have little to ... MND NewsWire - 8:07AM Improved Rates Have Little Impact on Mortgage Volume Mortgage rates pulled back slightly during the week ended November 16, but that did little to move mortgage applications higher. The Mortgage Bankers Association said its Market Composite ... MBS Day Ahead: Cue The Thanksgiving Consolidation Underwriting Product; New Correspondent Investor; Lender Disaster News Latest Video Fleming: This is the new normal for the housing market Existing home sales rise 1.4 percent Santelli Exchange: The Fed blinks More News from 'Around the Web' www.realtor.com - 3:10PM Fewer Homes May Require Human Appraisals, but That May Not Be a Good Thing Reuters - 3:10PM Atlanta Fed leaves U.S. fourth-quarter GDP growth view at 2.5 percent CNBC - 10:50AM Consumer sentiment hits 97.5 in Nov., vs. 98.3 estimate Calculated Risk Blog - 10:20AM NAR: Existing-Home Sales Increased to 5.22 million in October eyeonhousing.org - 9:52AM Townhouse Construction Continues Strong Performance CNBC - 9:22AM US durable goods orders fall 4.4% in October Calculated Risk Blog - 8:39AM Weekly Initial Unemployment Claims increased to 224,000 Bloomberg - 8:03AM Why Has The Rally in Treasuries Been Limited? Bloomberg - 8:02AM Even Italy's Most Loyal Bond Buyers Are Getting Cold Feet Now Today's Rates Best Execution Rate Change 30 Yr FRM 4.94% +0.01 15 Yr FRM 4.43% +0.00 FHA 30 Year Fixed 4.45% +0.00 Jumbo 30 Year Fixed 4.58% +0.01 5/1 Yr ARM 4.74% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.15% 1.16 -0.02 30 Yr. Fixed 4.78% 1.15 +0.01 MBA ** 30 Yr. Fixed 4.96% 0.49 -0.01 15 Yr. Fixed 4.39% 0.50 +0.01 30 Yr. Jumbo 4.93% 0.31 +0.01 30 Yr. FHA 4.95% 0.80 +0.01 5/1 ARM 4.24% 0.48 +0.02 Freddie Mac ** 30 Yr. Fixed 4.94% 0.50 +0.00 15 Yr. Fixed 4.36% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 0.30 +0.00 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 94.84 +0.06 30YR FNMA 3.5 97.59 +0.03 30YR GNMA 3.0 96.09 +0.14 30YR GNMA 3.5 98.31 0.00 15YR FNMA 3.0 98.33 0.00 15YR FNMA 2.5 96.05 +0.02 Treasuries Yield Change 2 YR 2.8160% +0.0081 5 YR 2.8935% +0.0068 10 YR 3.0646% +0.0000 30 YR 3.3163% +0.0025 Prices as of: 11/21/2018 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. © 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.