Daily Newsletter: Mortgage Rates Chip Away at Recent Weakness; Markets React to More Greek Drama; LOs Influencing Appraisers; Youth in Lending

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

30 Year Fixed 3.87%   -0.04 15 Year Fixed 3.14%   -0.03 10YR Treasury 2.21%   -0.0389 FNMA 30YR 3.5 104.09   +0.16 FNMA 15YR 2.5 103.78   +0.08 View Today's Rates

Monday December 29, 2014 Mortgage Rate Watch - 4:38PM Mortgage Rates Chip Away at Recent Weakness Mortgage rates continued chipping away at the moderately abrupt increases seen last week. Today's gains were indirectly a result of political instability in Greece. After Greece's parliament ... MBS Commentary - 2:03PM MBS MID-DAY: Rally Pulls Back After Fuel Dries up It's been a pretty simple trading session. Overall, participation remains much lower than normal, but has picked up from Friday's levels (which were the lowest of 2014). Much of the ... Pipeline Press - 2:56PM Wall Street Renovating Properties; LOs Influencing Appraisers; Why Youth Shouldn't be in Lending In spite of the holidays notes and letters continued to come in, and covered a number of topics including influencing appraisers, how renovating properties is not for the timid, whether ... MBS Commentary - 7:27AM MBS Week Ahead: Holiday-Shortened Week and Year-End Trading Potential The end of the month, quarter, or year brings additional trading considerations and we have all three this week. Some measure of "year-end" trading will have already taken place, but ... MBS RECAP: Still in Holiday Mode, Bond Markets Improve on European Drama Regional Population Gains; List of Largest Banks; Agency Foreclosure Waiting Periods Latest Video Housing in 2015: Boom or bust? Affordability concerning home buyers Does Greece leave euro zone? More News from 'Around the Web' WSJ - 4:13PM Will the Labor Force See a Resurgence? The Question Divides Economists Bloomberg - 4:12PM You Can Now Build a Million Dollar Home Via Your iPad Builder App - Bloomberg blog.redfin.com - 2:29PM Homebuyers More Concerned About Affordability Than the Lack of Homes for Sale blog.redfin.com - 2:29PM Prices Hold Strong as Home Sales Drop in November Market Watch - 2:29PM Bernanke admits FOMC meetings are 'deadly boring' Bloomberg - 2:22PM Bond Yields at Records Suggest Limited Declines in 2015 - Bloomberg CNBC - 11:51AM Housing takes a breather: Why that's good Bloomberg - 11:50AM Samaras Vote Failure Spurs Turmoil in Stock, Bond Markets - Bloomberg Google News - 11:49AM The 2015 slash to VA loan limits will have little impact on veterans, even in hardest-hit DC suburbs Calculated Risk Blog - 8:48AM Black Knight: House Price Index up slightly in October, Up 4.5% year-over-year Reuters - 8:48AM Credit Suisse vows to fight New York mortgage securities case CNBC - 8:48AM US Treasurys rise as Greek turmoil resurfaces CNN - 12:27AM Housing 2015: The return of first-time home buyers Bloomberg - 12:20AM Treasury Curve Flattens Most Since '05 as Fed Prepares Rate Rise - Bloomberg rss.nytimes.com - 12:17AM Japan Unveils $29 Billion Stimulus Package Calculated Risk Blog - 12:16AM Question #8 for 2015: How much will Residential Investment increase? Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% -0.04 15 Yr FRM 3.14% -0.03 FHA 30 Year Fixed 3.35% -0.05 Jumbo 30 Year Fixed 3.76% -0.04 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 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.83% 0.60 +0.03 15 Yr. Fixed 3.10% 0.60 +0.01 1 Yr. ARM 2.39% 0.40 +0.01 5/1 Yr. ARM 3.01% 0.50 +0.06 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 3.0 101.00 +0.20 30YR FNMA 3.5 104.09 +0.16 30YR GNMA 3.0 102.14 +0.19 30YR GNMA 3.5 104.78 +0.23 15YR FNMA 3.0 103.78 +0.08 15YR FNMA 2.5 101.67 +0.16 Treasuries Yield Change 2 YR 0.7157% -0.0276 5 YR 1.7134% -0.0444 10 YR 2.2092% -0.0389 30 YR 2.7758% -0.0377 Prices as of: 12/29/2014 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.