Daily Newsletter: Shutdown Underwriting Shift; Existing Sales Resume Slide; Conservatorship Nearing an End?

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30 Year Fixed 4.59%   -0.01 15 Year Fixed 4.15%   -0.01 10YR Treasury 2.74%   -0.0451 FNMA 30YR 3.5 99.69   +0.06 FNMA 15YR 2.5 99.52   +0.05 View Today's Rates

Tuesday January 22, 2019 MND NewsWire - 8:57AM Fannie/Freddie Changes Run the Gamut, Including Shutdown Underwriting Shift “Some people are so poor, all they have is money.” How about “26 of the World’s Richest Own the Same Wealth as Poorest Half” in the world!? To the best ... MND NewsWire - 11:46AM Big Changes at Fannie/Freddie, Is Conservatorship Nearing an End? MarketWatch is reporting that Federal Housing Finance Agency (FHFA) along with Treasury and other parts of the administration are about to reveal a plan to end the 10-year plus conservatorship ... MND NewsWire - 11:03AM Rising Inventories Tempering Prices, Existing Home Sales Resume Slide Existing home sales finished up the year on a decidedly sour note. After putting together consecutive increase in October and November and ending a six-month losing streak, the National ... Mortgage Rate Watch - 4:06PM Mortgage Rates Dodging Some Risk For Now Mortgage rates were higher heading into the end of the previous week. To make matters worse, as of Friday afternoon, it didn't look like the average lender had fully accounted for the ... MBS Day Ahead: Bonds Fight to Hold Under Important Ceiling Amid Data Darkness Has RESPA's Servicer Rule Reduced Foreclosures? Latest Video Lagarde: Fed's new tightening policy is 'good news, bad news' Existing home sales drop sharply, down 6.4 percent The Fed will continue to tighten, says Guggenheim CIO Minerd More News from 'Around the Web' CNBC - 4:28PM Homebuilders face profitability risks despite a healthy market, housing analyst says CNBC - 4:04PM The financial shock for 800,000 federal workers is about to get much worse as the shutdown drags on Reuters - 2:05PM Wall Street drops over 1.5 percent as global growth worries resurface Reuters - 2:05PM Senate to vote on Trump plan to re-open government this week: McConnell Calculated Risk Blog - 12:50PM Comments on December Existing Home Sales CNBC - 12:50PM The unusually large drop in home sales has real estate agents baffled CNBC - 10:58AM TREASURIES-U.S. yields fall on economic, trade worries CNBC - 9:35AM Amid the government shutdown, here are the best and worst ways to borrow money Bloomberg - 8:07AM ECB May Offer New Long-Term Loans to Prevent Tightening Bloomberg - 8:05AM Pit Stop or Peak Is the Big Question Hanging Over Fed This Year Today's Rates Best Execution Rate Change 30 Yr FRM 4.59% -0.01 15 Yr FRM 4.15% -0.01 FHA 30 Year Fixed 4.18% +0.00 Jumbo 30 Year Fixed 4.38% +0.00 5/1 Yr ARM 4.39% -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 4.45% 0.40 +0.00 15 Yr. Fixed 3.88% 0.40 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.87% 0.30 +0.04 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 97.27 +0.08 30YR FNMA 3.5 99.69 +0.06 30YR GNMA 3.0 98.44 +0.05 30YR GNMA 3.5 100.45 0.00 15YR FNMA 3.0 99.52 +0.05 15YR FNMA 2.5 97.55 +0.08 Treasuries Yield Change 2 YR 2.5911% -0.0248 5 YR 2.5807% -0.0441 10 YR 2.7427% -0.0451 30 YR 3.0617% -0.0388 Prices as of: 1/22/2019 4:38PM 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

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