Daily Newsletter: Home Prices Slide for 4th Straight Month; Mortgage Rates Staying Sideways and Bond Markets Lacking Inspiration Ahead of Fed Announcement

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

30 Year Fixed 3.99%   +0.00 15 Year Fixed 3.16%   +0.00 10YR Treasury 2.29%   +0.0356 FNMA 30YR 3.5 103.41   -0.22 FNMA 15YR 2.5 103.84   -0.11 View Today's Rates

Tuesday October 28, 2014 MND NewsWire - 10:59AM Home Price Gains Narrow across all Case-Shiller Indices August data released this morning by S&P Dow Jones Indices reveals that, while home prices throughout the U.S. continue to increase, the rapid pace in those gains seen earlier continues ... Mortgage Rate Watch - 4:08PM Mortgage Rates Stay Sideways Ahead of Important Fed Announcement Mortgage rates were almost universally sideways today with very few lenders changing rate sheets noticeably from yesterday. As such, the most prevalent conforming 30yr fixed rate quote ... MBS Commentary - 12:13PM MBS MID-DAY: Bond Markets Slightly Weaker; Still Lacking Inspiration Ahead of Fed Treasuries and MBS have seen modest volatility within a modest range this morning. The stage was set with overnight weakness resulting in weaker opening levels. At 8am, 10yr yields ... Pipeline Press - 10:53AM Trends in Housing and Rents; NAR Weighs in With Mini-Corr Update This is the season that CEOs are asking underlings for 2015 projections, and of course no one wants to tell the boss that volume is going to go down. The MBA is here to help! It is ... MBS Day Ahead: Economic Calendar Picks Up but Markets Mostly Waiting for Fed Pending Home Sales Highest in 13 Months Latest Video Home ownership hits new lows Robert Shiller: Housing's new urbanization Santelli Exchange: Housing stimulus hangover More News from 'Around the Web' Bloomberg - 5:03PM Fed Decision Day Guide: FOMC Seen Focusing on Too-Low Inflation - Bloomberg CNBC - 4:57PM Watchdog finds illegal acts in loans Fannie Mae - 4:57PM News Release - Fannie Mae Multifamily MBS Issuance Nearly ... The Atlantic - 2:48PM Homeownership in America Has Collapsed—Don't Blame Millennials blog.hud.gov - 2:43PM A Day in the Life: Monitoring and Asset Management Division, Ginnie Mae WSJ - 1:07PM NY Fed Chief Dudley Spoke Frequently To Yellen On Exit Plans in 2Q Calculated Risk Blog - 12:15PM House Prices: Real Prices and Price-to-Rent Ratio in August WSJ - 11:31AM The Fed's October Meeting – At A Glance WSJ - 11:30AM How Effective Were Fed Bond Buys? A QE Research Bibliography CNBC - 11:29AM Sales slowing at New York's top condo tower Bloomberg - 10:39AM U.S. Homeownership Rate Falls to Lowest Since Early 1995 - Bloomberg Reuters - 10:39AM U.S. consumer confidence jumps in October CNBC - 8:53AM CNBC Fed Survey: CNBC's Steve Liesman: Market Pushes Back Fed Rate Hike Expectations CNBC - 8:52AM Ouch! Factory orders see largest drop in 8 months CNBC - 8:49AM Fed meeting in focus for bond markets; QE to end? Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% +0.00 15 Yr FRM 3.16% +0.00 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.90% +0.00 5/1 Yr ARM 3.23% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.20% 0.17 -0.10 15 Yr. Fixed 3.41% 0.28 -0.07 30 Yr. Jumbo 4.14% 0.10 -0.07 30 Yr. FHA 3.90% 0.08 -0.10 5/1 ARM 3.05% 0.38 -0.15 Freddie Mac ** 30 Yr. Fixed 3.92% 0.50 -0.05 15 Yr. Fixed 3.08% 0.50 -0.10 1 Yr. ARM 2.41% 0.40 +0.03 5/1 Yr. ARM 2.91% 0.50 -0.01 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 3.0 100.14 -0.25 30YR FNMA 3.5 103.41 -0.22 30YR GNMA 3.0 101.97 -0.22 30YR GNMA 3.5 104.50 -0.17 15YR FNMA 3.0 103.84 -0.11 15YR FNMA 2.5 101.73 -0.16 Treasuries Yield Change 2 YR 0.3937% +0.0121 5 YR 1.5118% +0.0261 10 YR 2.2943% +0.0356 30 YR 3.0678% +0.0318 Prices as of: 10/28/2014 4:32PM 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.