Daily Newsletter: 2015 Could be Best Year for Home Sales Since 2007; Rates Hold Near March Lows; MBA Purchase Apps Point to Strong Spring

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

30 Year Fixed 3.86%   -0.01 15 Year Fixed 3.13%   -0.02 10YR Treasury 2.11%   +0.0053 FNMA 30YR 3.5 104.17   -0.06 FNMA 15YR 2.5 104.45   -0.02 View Today's Rates

Thursday March 12, 2015 MND NewsWire - 3:16PM 2015 Could be Best Year for Home Sales Since 2007 - Freddie Mac Freddie Mac's economists restated their February forecast in their Economic and Housing Outlook just released for March, that 2015 could be the best year for home sales and new home ... Mortgage Rate Watch - 3:56PM Mortgage Rates Steady Near March Lows Mortgage rates were mixed today depending on the lender, but moved just slightly lower on average. This wasn't the case this morning as essentially all lenders came out with noticeably ... MND NewsWire - 10:48AM January, February Data Point to Strong 2015 New Home Sales Applications for mortgages to purchase newly constructed homes jumped significantly in February the Mortgage Bankers Association (MBA) said today. Data from MBA's Builder Application ... MBS Commentary - 12:55PM MBS MID-DAY: In Positive Territory, but Off The Highs Ahead of 30yr Auction It's been a mostly good morning for bond markets. The overnight session saw modest gains during European hours, and Treasuries even managed to hold those gains while European bonds ... Upcoming Training and Events; Merger/Acquisitions Update; MBA Weighs in on Lawsuit MBS Day Ahead: Data Finally Shows Up; If There's a Party, Can Bonds Even Join? Latest Video Treasury bonds are back in business What weak retail sales mean for the Fed LL impact on the builders More News from 'Around the Web' CNBC - 4:32PM Fed 'dramatically' inflated these sectors: Expert Bloomberg - 4:28PM Treasuries Lure Global Buyers Even After Demand Wanes at Auction Bloomberg - 3:35PM HSBC Analysts Who Predicted Treasury Rally Now Say It's Over Bloomberg - 2:28PM Budget Deficit in U.S. Narrows in February as Hiring Strengthens WSJ - 1:54PM Spending at Gas Stations Rises for the First Time Since May rss.nytimes.com - 1:54PM Common Sense: Still Reading the Fed's Tea Leaves, Word by Word Calculated Risk Blog - 12:36PM Fed's Q4 Flow of Funds: Household Net Worth at Record High CNBC - 12:35PM Seattle housing sees spring surge CNBC - 10:49AM Builders offer assurance after Lumber Liquidators scare Bloomberg - 10:23AM ECB QE Has Barely Just Begun, and We've Already Seen Massive Moves Market Watch - 10:23AM ECB raises emergency liquidity to Greek banks: Reuters Bloomberg - 8:49AM Retail Sales in U.S. Unexpectedly Fall for Third Straight Month Reuters - 8:48AM U.S. jobless claims fall, unwind prior weeks' increases CNBC - 8:48AM US import prices rise CNBC - 12:01AM It's hard to fire government slackers CNBC - 12:01AM Dollar fever could dominate trading Today's Rates Best Execution Rate Change 30 Yr FRM 3.86% -0.01 15 Yr FRM 3.13% -0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.75% +0.00 5/1 Yr ARM 3.16% -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 4.01% 0.39 +0.05 15 Yr. Fixed 3.29% 0.30 +0.02 30 Yr. Jumbo 4.02% 0.27 +0.07 30 Yr. FHA 3.80% 0.20 +0.04 5/1 ARM 3.18% 0.40 +0.13 Freddie Mac ** 30 Yr. Fixed 3.86% 0.60 +0.11 15 Yr. Fixed 3.10% 0.60 +0.07 1 Yr. ARM 2.46% 0.40 +0.02 5/1 Yr. ARM 3.01% 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 3.0 101.11 -0.09 30YR FNMA 3.5 104.17 -0.06 30YR GNMA 3.0 102.30 -0.09 30YR GNMA 3.5 104.63 -0.03 15YR FNMA 3.0 104.45 -0.02 15YR FNMA 2.5 102.03 -0.02 Treasuries Yield Change 2 YR 0.6644% -0.0198 5 YR 1.5918% -0.0098 10 YR 2.1121% +0.0053 30 YR 2.6963% +0.0141 Prices as of: 3/12/2015 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. © 2015 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.