Daily Newsletter: Mortgage Rates Slightly Higher to End Solid Week; Suddenly Fierce Competition in Housing Market; Millennial's Potential Homebuying Impact

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

30 Year Fixed 3.88%   +0.02 15 Year Fixed 3.14%   +0.01 10YR Treasury 2.12%   -0.0035 FNMA 30YR 3.5 104.17   0.00 FNMA 15YR 2.5 104.47   +0.02 View Today's Rates

Friday March 13, 2015 Mortgage Rate Watch - 3:39PM Mortgage Rates Slightly Higher to End Solid Week Mortgage rates were slightly higher today, but remained much closer to the best levels of the week seen yesterday. In general, this week has served as a correction to last Friday's ... MND NewsWire - 3:18PM Suddenly Fierce Competition in Housing Market The competition in today's housing market is suddenly fierce, so fierce that some are calling the cops. "We got shut down!!" laughed Catherine Luther, an agent with Channing Real Estate ... Pipeline Press - 10:51AM Trends and Statistics Regarding Millennial Potential Housing Market Impact Last month I had the privilege of spending some time at the Florida Ellie Mae Encompass event with CEO Jonathan Corr. I was reminded that he had coined the term " human spackle " in ... MBS Commentary - 4:28PM MBS RECAP: Little-Changed vs Yesterday's Close; Thoughts Turn to FOMC Bond market trading drove home the point that the current week was over today and that it had been over ever since the post-Retail Sales rally failed to thrive for more than about 10 ... MBS MID-DAY: Bonds Bounce Back From AM Weakness; Slightly Stronger Now MBS Day Ahead: Return to Thin Calendar May Stir Thoughts of Next Week's FOMC Latest Video Real estate is toxic waste: O'Leary Spring housing: Bloom or bust Santelli Exchange: TARP & the taper tantrum More News from 'Around the Web' Market Watch - 4:01PM The Fed: Welcome to a Fed without patience www.cfpbmonitor.com - 4:01PM CFPB Holds Field Hearing On Arbitration Report CNBC - 2:20PM Call the cops! This house is for sale WSJ - 2:18PM The Billion Prices Project Thinks Inflation May Have Turned a Sharp Corner CNBC - 11:44AM Fed GDP indicator looks awful www.cfpbmonitor.com - 11:11AM CFPB and FTC reauthorize memorandum of understanding for an additional three years CNBC - 11:10AM Consumer sentiment hits 91.2 in March vs. 95.5 estimate Market Watch - 9:45AM The Fed: Inflation doesn't justify Fed move this year, Sufi says www.wsj.com - 8:57AM Zero-Gravity Home Decor The Big Picture - 8:51AM Do Lower Gasoline Prices Boost Confidence? Bloomberg - 8:50AM Treasuries Head for Biggest Weekly Gain Since January Before Fed Reuters - 8:49AM Nomura, RBS face U.S. mortgage trial; $1 billion damages at stake Today's Rates Best Execution Rate Change 30 Yr FRM 3.88% +0.02 15 Yr FRM 3.14% +0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.77% +0.02 5/1 Yr ARM 3.17% +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 3.0 101.09 -0.02 30YR FNMA 3.5 104.17 0.00 30YR GNMA 3.0 102.25 -0.05 30YR GNMA 3.5 104.63 0.00 15YR FNMA 3.0 104.47 +0.02 15YR FNMA 2.5 102.00 -0.03 Treasuries Yield Change 2 YR 0.6610% -0.0034 5 YR 1.5888% -0.0030 10 YR 2.1192% -0.0035 30 YR 2.7011% +0.0048 Prices as of: 3/13/2015 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.