Daily Newsletter: Mortgage Rates Continue to New November Lows; Good News for Housing and Consumers From FHA; 2015 Economic Growth to Help Housing

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

30 Year Fixed 3.99%   -0.03 15 Year Fixed 3.19%   -0.02 10YR Treasury 2.34%   +0.0177 FNMA 30YR 3.5 103.42   +0.03 FNMA 15YR 2.5 103.84   -0.19 View Today's Rates

Monday November 17, 2014 Mortgage Rate Watch - 3:42PM Mortgage Rates Continue to New November Lows Mortgage rates moved moderately lower again today, setting another new low for the month of November. That said, the movement has been primarily restricted to the upfront costs associated ... MND NewsWire - 3:37PM Good News for Housing and Consumers From FHA Despite dire predictions from many quarters the Federal Housing Administration's (FHA's) Mutual Mortgage Insurance Fund (MMIF) has returned to solvency. And it did it a full three years ... MND NewsWire - 2:38PM 2015: Economic Growth will Drive Household Formation and Housing Activity The prognosticators are already gearing up for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank E. Nothaft is forecasting 3.0 percent ... MBS Commentary - 7:32AM MBS Week Ahead: Ample Opportunity to Keep Good Times Rolling I thought for a few minutes about this week's headline. Normally, I'd highlight the key events or considerations, but apart from Wednesday's FOMC Minutes , things are fairly diffuse ... MBS MID-DAY: Holding Ground and Outperforming After Morning Pull-Back LIBOR Fees; Ocwen-Wells Deal Off; CFPB's Court Setback; Ticking Clock on Ability to Foreclose? Latest Video Santelli: Rates hold lower Rate hike depends on jobs and inflation: Fed European markets close: Draghi rallies market More News from 'Around the Web' NAHB - 4:50PM Statement from NAHB Chairman on the Actuarial Review of the FHA Mutual Mortgage Insurance Fund WSJ - 3:25PM Long-term Unemployment a Sign of Slack, NY Fed Economists Say Bloomberg - 2:13PM Hedge Funds Bet Against Fed's Rate Plan in Contrarian Bond Trade - Bloomberg CNBC - 1:10PM Federal Housing Administration back in the black CNBC - 12:11PM ECB 'very likely' to buy sovereign bonds: Ex-Member WSJ - 12:11PM Deep Recessions Leave Permanent Scars, Fed Research Finds blog.redfin.com - 10:38AM 6 Home Improvement Fails and Their Solutions Market Watch - 10:37AM Why cash-out refinancing, which is on the rise, has its place freddiemac.mwnewsroom.com - 10:35AM Freddie Mac November U.S. Economic and Housing Market Outlook Bloomberg - 10:35AM Bank of America Gets U.S. High Court Review in Mortgage Clash - Bloomberg CNBC - 9:19AM Manufacturing growth expands: NY Fed Bloomberg - 9:17AM Pain Trade Ending for Bonds in Poll Saying This Time Bears Right - Bloomberg www.freddiemac.com - 9:17AM 2015: The Purchase Market Strengthens Washington Post - 9:09AM The major cities where homeownership is the most — and least — affordable www.ourbroker.com - 9:08AM Why Credit Scores Are So Common Reuters - 12:00AM Spotlight falls on Europe's stuttering economy Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% -0.03 15 Yr FRM 3.19% -0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.84% -0.05 5/1 Yr ARM 3.23% +0.02 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 4.19% 0.26 +0.02 15 Yr. Fixed 3.38% 0.22 +0.00 30 Yr. Jumbo 4.13% 0.15 +0.00 30 Yr. FHA 3.90% 0.14 +0.06 5/1 ARM 3.05% 0.32 -0.03 Freddie Mac ** 30 Yr. Fixed 4.01% 0.50 -0.01 15 Yr. Fixed 3.20% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 -0.02 5/1 Yr. ARM 3.02% 0.50 +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 3.0 100.03 +0.03 30YR FNMA 3.5 103.42 +0.03 30YR GNMA 3.0 102.09 +0.06 30YR GNMA 3.5 104.53 +0.05 15YR FNMA 3.0 103.84 -0.19 15YR FNMA 2.5 101.53 -0.14 Treasuries Yield Change 2 YR 0.5120% -0.0039 5 YR 1.6253% +0.0183 10 YR 2.3381% +0.0177 30 YR 3.0624% +0.0185 Prices as of: 11/17/2014 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.