Daily Newsletter: Housing Recovery Barely Reached 1st Base; Rates Improve Ahead of Fed; Watt Updates Congress on FHFA; Boomerang Buyers!

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30 Year Fixed 3.62%   -0.02 15 Year Fixed 3.00%   -0.02 10YR Treasury 1.82%   -0.0070 FNMA 30YR 3.5 105.13   +0.05 FNMA 15YR 2.5 104.70   +0.06 View Today's Rates

Tuesday January 27, 2015 MND NewsWire - 11:19AM Case-Shiller: Recovery has Barely Reached First Base As has been the case for some months the latest report from S&P/Case Shiller shows a continued slowing of home price increases. November results for both the 10-City and 20-City ... Mortgage Rate Watch - 4:46PM Mortgage Rates Improve Modestly Ahead of Fed Announcement Mortgage rates continued a recent pattern of small day-to-day changes today. This time, however, lenders were more unified in a move to slightly lower rates. The recent norm has been ... MND NewsWire - 2:51PM Watt Updates Congress on FHFA Operations Melvin L. Watt, appeared before the House Financial Services Committee on Tuesday, his first such appearance since he became director of the Federal Housing Finance Agency (FHFA) a ... MND NewsWire - 10:38AM Boomerang – are Buyers Ready, Willing, and Able? Normal 0 false false false EN-US X-NONE X-NONE Are you ready for The Boomerang Buyer? That is the latest wrinkle in the seemingly endless foreclosure saga and there are apparently a ... MBS RECAP: Bond Markets Consolidate Ahead of FOMC 2014 New Home Sales 1.2 Percent Higher than 2013 MBS MID-DAY: Off Best Levels After European Markets Close Texas, Colorado Outshining Pre-Crash Home Prices FHA MIP Change Advice; USDA News; Correspondent Salary Survey; CFPB Stealing Auditors? Latest Video Rate hikes? Patience new buzzword Housing numbers misleading: Pro ECB impact on Fed More News from 'Around the Web' CNN - 4:17PM CFPB's Cordray on Financial Education webfeeds.brookings.edu - 4:16PM The ECB's Stimulus Buys Time. Will Europe Take Advantage of It? Calculated Risk Blog - 4:10PM House Prices: Better Seasonal Adjustment; Real Prices and Price-to-Rent Ratio in November blog.redfin.com - 2:12PM Low-Money-Down Mortgages? It's Not the Apocalypse CNBC - 1:25PM Power Play: Betting on the Housing Recovery Bloomberg - 1:25PM Fed Decision Day Guide: From Rate Patience to Too-Low Inflation - Bloomberg CNBC - 12:51PM Mixed signals for spring housing season Reuters - 12:11PM U.S. trade official says Treasury taking lead on currency manipulation Market Watch - 12:10PM No Fed rate hike until March 2016, Morgan Stanley says Reuters - 10:56AM U.S. consumer confidence rises to strongest since August 2007 CNBC - 10:14AM New home sales hit 481,000 in December, versus 450,000 estimate CNBC - 10:14AM Gundlach: Fed should hold line, ECB QE will fail CNBC - 10:13AM Gundlach gives take on Fed, ECB WSJ - 9:19AM Bad Weather Could Complicate an Already Tough Fed Decision in March www.gallup.com - 9:19AM U.S. Economic Confidence Index Still Positive, Climbs to +5 CNBC - 9:19AM US durable goods unexpectedly plunge blog.redfin.com - 9:17AM Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand CNBC - 9:16AM Home price growth slowing: Case-Shiller Bloomberg - 9:15AM Home Prices in 20 U.S. Cities Increased 4.3% in November - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.62% -0.02 15 Yr FRM 3.00% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.61% -0.02 5/1 Yr ARM 3.23% +0.01 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 3.80% 0.29 -0.09 15 Yr. Fixed 3.10% 0.29 -0.06 30 Yr. Jumbo 3.86% 0.23 -0.02 30 Yr. FHA 3.66% 0.15 -0.05 5/1 ARM 2.87% 0.41 -0.07 Freddie Mac ** 30 Yr. Fixed 3.63% 0.70 -0.03 15 Yr. Fixed 2.93% 0.60 -0.05 1 Yr. ARM 2.37% 0.40 +0.00 5/1 Yr. ARM 2.83% 0.40 -0.07 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 3.0 102.63 +0.02 30YR FNMA 3.5 105.13 +0.05 30YR GNMA 3.0 103.00 -0.13 30YR GNMA 3.5 105.44 0.00 15YR FNMA 3.0 104.70 +0.06 15YR FNMA 2.5 102.83 +0.06 Treasuries Yield Change 2 YR 0.5105% -0.0043 5 YR 1.3289% -0.0132 10 YR 1.8214% -0.0070 30 YR 2.3938% -0.0048 Prices as of: 1/27/2015 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

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