Daily Newsletter: Conforming Loan Limit Increased to $510,400; Prices Done Decelerating?

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

30 Year Fixed 3.73%   -0.04 15 Year Fixed 3.40%   -0.02 10YR Treasury 1.74%   -0.0172 FNMA 30YR 3.5 102.69   -0.03 FNMA 15YR 2.5 102.36   +0.03 View Today's Rates

Tuesday November 26, 2019 MND NewsWire - 11:55AM Conforming Loan Limit Increased to $510,400 The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on Tuesday that the maximum origination ... MND NewsWire - 10:28AM Are Home Prices Finally Done Decelerating? While it is only incremental, home price increases appear to have stopped decelerating and are again creeping slowly upward . Both the S&P CoreLogic Case-Shiller Indices and the ... Mortgage Rate Watch - 4:31PM Mortgage Rates Fall Back to Recent Lows Mortgage rates recovered today after moving higher for the first time in nearly 2 weeks yesterday. In the bigger picture, rates have been in a back-and-forth pattern near long-term ... MND NewsWire - 10:56AM New Home Sales Highest in 12 Years The headline for the new home sales report for October was the year-over-year increase in sales. While sales of newly constructed homes were actually slightly lower than in September ... MBS Day Ahead: New Loan Limits Expected Today; Grain of Salt for Rallies Compliance Jobs; Broker, Portfolio Marketing Products; CFPB is Taking on LO Comp Latest Video New home sales dipped in October, but the sector shows strength overall year-to-date Dow, S&P 500 and Nasdaq close at record highs Consumer Sentiment Index misses expectations in November More News from 'Around the Web' Reuters - 4:20PM Wall Street climbs to records, fueled by trade comments www.npr.org - 4:20PM 'Bomb Cyclone' Winter Storm Will Hit U.S. As Thanksgiving Nears, Forecasters Warn Reuters - 3:50PM S&P 500 earnings swoon seen extending to fourth quarter CNBC - 1:40PM Fed's Brainard argues for capping interest rate levels during the next downturn Reuters - 11:52AM U.S.-China trade deal close, White House says, after negotiators speak by phone FHFA - 11:07AM FHFA Announces Maximum Conforming Loan Limits for 2020 Reuters - 9:53AM U.S. goods trade deficit narrows sharply in October CNBC - 9:06AM Home price gains accelerate in September, S&P Case-Shiller Index says CNBC - 8:01AM Dallas Fed President Robert Kaplan says the fourth-quarter economy is 'weak' Bloomberg - 8:01AM China's Planned Dollar Bond Sets Aside U.S. Decoupling Worries Today's Rates Best Execution Rate Change 30 Yr FRM 3.73% -0.04 15 Yr FRM 3.40% -0.02 FHA 30 Year Fixed 3.37% -0.01 Jumbo 30 Year Fixed 3.83% -0.02 5/1 Yr ARM 3.42% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 -0.09 15 Yr. Fixed 3.15% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.05 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 3.0 101.50 -0.02 30YR FNMA 3.5 102.69 -0.03 30YR GNMA 3.0 102.84 -0.03 30YR GNMA 3.5 103.81 +0.06 15YR FNMA 3.0 102.36 +0.03 15YR FNMA 2.5 100.91 0.00 Treasuries Yield Change 2 YR 1.5879% -0.0234 5 YR 1.5976% -0.0166 10 YR 1.7431% -0.0172 30 YR 2.1790% -0.0181 Prices as of: 11/26/2019 5:03PM 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. © 2019 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.

Daily Newsletter: Making Mortgage Payments Got Easier in October; Rates Higher to Start Holiday Week

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

30 Year Fixed 3.77%   +0.03 15 Year Fixed 3.42%   +0.02 10YR Treasury 1.76%   -0.0138 FNMA 30YR 3.5 102.70   +0.08 FNMA 15YR 2.5 102.33   +0.08 View Today's Rates

Monday November 25, 2019 Mortgage Rate Watch - 4:08PM Mortgage Rates Higher to Start Holiday Week Mortgage rates finally moved a bit higher today after avoiding such things for nearly 2 full weeks. The losses were mild today, but nonetheless take the average lender back in line ... MND NewsWire - 1:04PM Loan Data Shows Making Mortgage Payments got Easier in October Mortgage prepayments continued unabated in October, even though interest rates rose during the month. In its "first look" at October loan performance data, Black Knight said the single ... MBS Commentary - 9:11AM MBS Day Ahead: 3.5 Days of Random and Inconsequential Trading I've been staring at this blank space on my monitor, where I normally put the words for the opening post of the day/week, for about 40 minutes, trying to think of something interesting ... Pipeline Press - 1:14PM LO, AE Jobs; Non-QM Products; Customer Experience Trends An LO from Wyoming recently reminded me that, “At the end of the day we sell a product driven by rates.” And we may be at, or near, these rates for a while, so I hope you’re ... Move Over Millennials, Gen Z is Ready for Homeownership Mortgage Companies Score Highest Profits in Seven Years Latest Video Consumer trends look very good, economist says Trade is biggest hurdle for economy in 2020: Barclays top economist For-sale housing inventory is running out, here's why More News from 'Around the Web' Bloomberg - 4:05PM Global Trade Momentum Rises for First Time in Four Months CNBC - 3:23PM Rates will continue to stay low: Eastspring Investments eyeonhousing.org - 11:26AM Fewer than Half of Prospective Buyers Are Actively Looking for a Home Calculated Risk Blog - 9:10AM Black Knight's First Look: National Mortgage Delinquency Rate Decreased in October CNBC - 8:28AM Treasury yields tick higher ahead of Powell speech Reuters - 8:19AM World shares climb on trade hopes www.realtor.com - 8:18AM The 10 Cities Where It's Becoming More Affordable to Buy a Home—and 10 Where It's Not CNBC - 8:18AM A 'phase two' US-China trade deal looks less likely as countries struggle to reach 'phase one' Today's Rates Best Execution Rate Change 30 Yr FRM 3.77% +0.03 15 Yr FRM 3.42% +0.02 FHA 30 Year Fixed 3.38% +0.01 Jumbo 30 Year Fixed 3.85% +0.02 5/1 Yr ARM 3.45% +0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 -0.09 15 Yr. Fixed 3.15% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.05 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 3.0 101.47 +0.11 30YR FNMA 3.5 102.70 +0.08 30YR GNMA 3.0 102.86 +0.13 30YR GNMA 3.5 103.73 +0.08 15YR FNMA 3.0 102.33 +0.08 15YR FNMA 2.5 100.88 +0.09 Treasuries Yield Change 2 YR 1.6154% -0.0102 5 YR 1.6125% -0.0115 10 YR 1.7568% -0.0138 30 YR 2.1992% -0.0196 Prices as of: 11/25/2019 4:27PM 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. © 2019 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.

Daily Newsletter: Move Over Millennials, Gen Z is Ready for Homeownership; Mortgage Profits Surge

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

30 Year Fixed 3.74%   +0.01 15 Year Fixed 3.40%   +0.00 10YR Treasury 1.77%   -0.0051 FNMA 30YR 3.5 102.63   -0.02 FNMA 15YR 2.5 102.25   +0.02 View Today's Rates

Friday November 22, 2019 MND NewsWire - 11:44AM Move Over Millennials, Gen Z is Ready for Homeownership Apparently it is time to shift our total attention from the Millennial generation. A new survey from Freddie Mac introduces the housing hopes and dreams of its successor - Generation ... MND NewsWire - 8:06AM Mortgage Companies Score Highest Profits in Seven Years Lower interest rates translated to higher volume in the third quarter of the year, giving mortgage companies their highest profits in seven years. The Mortgage Bankers Association's ... Mortgage Rate Watch - 5:34PM Mortgage Rates Holding Near November Lows Mortgage rates ended their recent winning streak yesterday, but they have yet to try to get a losing streak started! In other words, rates bottomed out after a week and a half of improvement ... MBS Commentary - 10:39AM MBS Day Ahead: Small Things May Happen, But Big Things Are Less Likely I'm sorry if the following is starting to sound like a broken record, but it's all we really have at the moment. The bond market encounters these sorts of trends from time to time. ... LO jobs; Processing, Forecasting, Application Tools; Deep Dive Into HECMs Existing Home Sales Resume Gains, Realtors Say More to Come Latest Video For-sale housing inventory is running out, here's why A look at the progress of the US-China trade deal Zillow CEO says its home-flipping business is not the end of its expansion plans More News from 'Around the Web' www.consumerfinancemonitor.com - 5:30PM CFPB to Assess TRID Rule's Effectiveness Reuters - 5:30PM U.S. banks cram for Fed risk test, with ripple effects in repo Calculated Risk Blog - 3:24PM Philly Fed: State Coincident Indexes increased in 33 states in October www.realtor.com - 2:11PM Where the 2020 Presidential Candidates Stand on Affordable Housing CNBC - 1:02PM Goldman sees 'baby bear' market for bonds in 2020 in a year of risks Calculated Risk Blog - 12:20PM Q4 GDP Forecasts: 0.4% to 1.9% eyeonhousing.org - 10:54AM Share of 5,000+ Square Foot Homes Down Slightly in 2018 Reuters - 9:58AM U.S. factory and services activity quicken in November: Markit Calculated Risk Blog - 9:50AM One Year Ago: "Is a Recession Coming?" eyeonhousing.org - 9:18AM Quarterly Gain for Custom Home Building CNBC - 9:03AM Trump says trade deal with China is 'very close' Bloomberg - 8:03AM Goldman Sees Baby Bond Bear Market, Cyclical Stock Rally in 2020 Bloomberg - 8:02AM Trump's Fed Pick Judy Shelton Cast Doubt on Central Bank Independence Today's Rates Best Execution Rate Change 30 Yr FRM 3.74% +0.01 15 Yr FRM 3.40% +0.00 FHA 30 Year Fixed 3.37% +0.00 Jumbo 30 Year Fixed 3.83% +0.00 5/1 Yr ARM 3.42% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 -0.09 15 Yr. Fixed 3.15% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.05 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 3.0 101.36 -0.03 30YR FNMA 3.5 102.63 -0.02 30YR GNMA 3.0 102.73 -0.02 30YR GNMA 3.5 103.66 0.00 15YR FNMA 3.0 102.25 +0.02 15YR FNMA 2.5 100.78 -0.02 Treasuries Yield Change 2 YR 1.6256% +0.0169 5 YR 1.6240% +0.0051 10 YR 1.7706% -0.0051 30 YR 2.2188% -0.0141 Prices as of: 11/22/2019 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. © 2019 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.