Daily Newsletter: One Million Homeowners Gained Equity in Q2; Mortgage Rates Back to Recent Lows; Delinquency Increased in July; Ginnie Mae MBS Goals

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

30 Year Fixed 4.20%   -0.02 15 Year Fixed 3.35%   -0.02 10YR Treasury 2.51%   -0.0597 FNMA 30YR 3.5 102.27   +0.27 FNMA 15YR 2.5 103.09   +0.17 View Today's Rates

Thursday September 25, 2014 MND NewsWire - 3:14PM One Million Homeowners Gained Equity in Q2 U.S. homeowners gained or regained more than $1 trillion in equity over the year that ended on June 30, 2014. According to Core-Logic's 2nd quarter 2014 analysis, 44 million homes in ... Mortgage Rate Watch - 3:55PM Mortgage Rates Back to Recent Lows Mortgage rates fell back in line with recent lows after a disconcerting move higher yesterday. In general, rates are still in the process of battling back from their worst few weeks ... MND NewsWire - 2:56PM Major Delinquency Metrics Turned Higher in July Mortgage delinquencies jumped in August , a 5 percent increase which sent the rate to its highest level since February. At the same time, foreclosure starts declined for the first time ... MND NewsWire - 2:54PM Ginnie Mae Contemplates MBS Evolution At its second annual summit for stakeholders on Monday the Government National Mortgage Association (Ginnie Mae) issued a policy paper detailing how it intends to meet the challenges ... Sales Skewed Toward Higher Priced Homes MBS MID-DAY: Bonds Back in Happy Place After Europe/Stocks Tag Team Bank M&A; Vendor Updates; Are you Ready for Autumn/Winter Lending? Latest Video Larry McDonald: 10-year yield going to 2.3% Fed more dovish in 2015: Economist Housing data signals growth: Strategist More News from 'Around the Web' WSJ - 4:38PM Three Charts to Prepare for Tomorrow's GDP Report WSJ - 4:37PM U.S. Dollar Strength Not Likely to Dampen Inflation Much WSJ - 3:18PM Fed's Lockhart: Fed Most Likely to Raise Rates in Mid-2015 or Later Google News - 1:28PM A surprising disparity in the newest mortgage data Reuters - 11:39AM U.S. Attorney General Holder to resign, official says Washington Post - 11:31AM Depressing chart shows that the rich aren't just grabbing a bigger slice of the income pie â€" they're taking all of it www.cfpbmonitor.com - 10:39AM Industry trade groups provide recommendations to CFPB on TILA-RESPA implementation www.lpsvcs.com - 10:39AM Black Knight Financial Services' "First Look" at August 2014 Mortgage Data freddiemac.mwnewsroom.com - 10:39AM Fixed Mortgage Rates Ease Slightly CNBC - 9:00AM Jobless claims stay under 300K as durables tumble WSJ - 8:53AM Tensions Ease in Nashville Between Zillow and Home Listing Service Reuters - 8:52AM Weak euro zone lending data underscores need for ECB stimulus Market Watch - 8:52AM Capitol Report: Over 900,000 homes regain equity in second quarter Today's Rates Best Execution Rate Change 30 Yr FRM 4.20% -0.02 15 Yr FRM 3.35% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.05% -0.02 5/1 Yr ARM 3.25% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.20% 0.50 -0.03 15 Yr. Fixed 3.36% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 +0.00 5/1 Yr. ARM 3.08% 0.40 +0.02 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 98.63 +0.36 30YR FNMA 3.5 102.27 +0.27 30YR GNMA 3.0 100.73 +0.17 30YR GNMA 3.5 103.34 +0.28 15YR FNMA 3.0 103.09 +0.17 15YR FNMA 2.5 100.69 +0.16 Treasuries Yield Change 2 YR 0.5590% -0.0276 5 YR 1.7582% -0.0380 10 YR 2.5058% -0.0597 30 YR 3.2140% -0.0625 Prices as of: 9/25/2014 4:30PM 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. © 2014 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.