Daily Newsletter: Suddenly, The New Home Sales Trend is Flat Again; Fannie Downgrades Origination Outlook; Rates Move Gently Lower

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

30 Year Fixed 3.99%   -0.02 15 Year Fixed 3.16%   -0.01 10YR Treasury 2.26%   -0.0126 FNMA 30YR 3.5 103.55   +0.06 FNMA 15YR 2.5 103.91   0.00 View Today's Rates

Friday October 24, 2014 MND NewsWire - 12:33PM Suddenly, The New Home Sales Trend is Flat Again New home sales increased only slightly in September, up 0.2 percent over August, bringing the annual rate of those sales to 467,000. Sales were up 17.0 percent from the September 2013 ... MND NewsWire - 10:59AM Fannie Mae sees Growth Expanding, Downgrades Loan Origination Expectations Fannie Mae said on Thursday that real economic growth in the last two quarters of 2014 appear poised to exceed 3.0 percent , providing a solid basis for growth in 2015. However the ... Mortgage Rate Watch - 5:19PM Mortgage Rates Mildly Lower; Volatile Week Ahead Mortgage rates caught a break today and were able to ease just slightly lower heading into the weekend. This is somewhat refreshing because yesterday's bigger move higher was the kind ... MND NewsWire - 10:57AM Even Bad News is Good in September Foreclosure Summary September appears to have been another month in which loan performance improved and the states continued to slog through the overhang of delinquent mortgages left over from, in some ... MBS RECAP: Bond Markets Coast Out Uneventfully After Morning Volatility Update on Chase Lawsuit; More Potential Buybacks; Upcoming Events and Trainings MBS Day Ahead: New Home Sales and Second Chances Latest Video Housing bright spots New home sales up 0.2% Santelli: Intraday chart reveals a lot More News from 'Around the Web' www.c-span.org - 3:17PM MBA's Stevens on C-Span This Morning - 46 Minutes, but Good Stuff WSJ - 3:13PM The U.S. Housing Market in 10 Charts Bloomberg - 3:12PM Banks Need More Mortgage-Rule Details Before Credit Boost - Bloomberg CNBC - 1:32PM Bidder paying $3.2M for 6,000 Detroit foreclosures Reuters - 12:02PM 25 European banks fail stress tests: sources CNBC - 11:00AM Avoid recession with joint effort: Draghi CNBC - 10:11AM New home sales rise to 6-year high in September OCC - 10:11AM Agencies Request Comment on Proposed Flood Insurance Rule www.lpsvcs.com - 8:58AM Black Knight Financial Services' "First Look" at September 2014 Mortgage Data Bloomberg - 8:56AM Housing Fails to Overcome U.S. Home-Loan Rates: Chart of the Day - Bloomberg Market Watch - 8:56AM Foreclosures at lowest rate since February 2008 Bloomberg - 8:55AM Lenders Facing Housing Crash Rules Denying U.S Borrowers - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% -0.02 15 Yr FRM 3.16% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.91% -0.02 5/1 Yr ARM 3.25% +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 3.0 100.33 +0.02 30YR FNMA 3.5 103.55 +0.06 30YR GNMA 3.0 102.16 +0.06 30YR GNMA 3.5 104.59 +0.06 15YR FNMA 3.0 103.91 0.00 15YR FNMA 2.5 101.83 -0.02 Treasuries Yield Change 2 YR 0.3858% -0.0046 5 YR 1.4907% -0.0037 10 YR 2.2640% -0.0126 30 YR 3.0360% -0.0119 Prices as of: 10/24/2014 4:31PM 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.