Daily Newsletter: Mortgage Rates Fairly Flat; Still Waiting on Europe; First Time Buyers Younger, Poorer, Less Savvy, but NOT Riskier

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

30 Year Fixed 4.15%   +0.01 15 Year Fixed 3.32%   +0.01 10YR Treasury 2.44%   +0.0401 FNMA 30YR 3.5 102.34   -0.38 FNMA 15YR 2.5 103.30   -0.08 View Today's Rates

Monday July 13, 2015 Mortgage Rate Watch - 5:03PM Mortgage Rates Fairly Flat; Still Waiting on Europe Mortgage rates didn't move much today , but are slightly higher for most lenders by the afternoon. Rates were noticeably higher in the morning, but most lenders sent out rate sheet ... MBS Commentary - 1:58PM MBS MID-DAY: Bond Markets Struggle Back to 'Unchanged' Amid Greek Limbo When is the be-all end-all Greek bailout negotiation weekend not the be-all end-all Greek bailout negotiation? When it ends with both sides going back to vote on agreements that are ... MND NewsWire - 12:56PM First-time Buyers are Younger, Less Sophisticated, Poorer - but Not Riskier A working paper just released by the Federal Housing Finance Agency (FHFA) attempts to determine the reasons why mortgages given to first-time homebuyers perform more poorly than those ... Pipeline Press - 10:29AM Recent State-Specific Lending Law Updates; Greek Settlement Shifts Rates Higher Here's some good news. The National Reverse Mortgage Lenders Association/RiskSpan Reverse Mortgage Market Index which analyzes trends in home values, home equity and mortgage debt of ... MBS Day Ahead: Volatility Punted as Europe Puts 72 Hours on Greek Death Clock Fannie Program Helps Disabled/Seniors' Families Purchase Homes Latest Video Santelli Exchange: Greece is a disaster Not a done deal in Greece Greek deal details More News from 'Around the Web' webfeeds.brookings.edu - 4:38PM Wessel's Economic Update: Are we safer five years after Dodd Frank? CNN - 4:37PM Cause of bond 'flash crash' is a mystery, Feds say Market Watch - 3:30PM How do Wells Fargo and J.P. Morgan shape up ahead of earnings? CNBC - 3:28PM Why a Sept. rate hike's still on table Bloomberg - 3:24PM Why Is Blackstone Unloading Real Estate Assets? CNBC - 12:59PM Grexit chance still 'significant': Citi Calculated Risk Blog - 12:58PM Forecast: Expect House Price Index up 4.0% year-over-year in May Bloomberg - 11:18AM Greek Deal Makes Europe More German. But at What Cost? Reuters - 8:47AM Futures surge after Greece reaches rescue deal CNBC - 8:46AM El-Erian warns markets on Greek deal CNBC - 8:45AM Looking to pay off mortgage early? Check pros/cons Bloomberg - 12:17AM EU Demands Complete Capitulation From Tsipras www.builderonline.com - 12:02AM What China's Stock Uncertainty is Doing to U.S. Housing Today's Rates Best Execution Rate Change 30 Yr FRM 4.15% +0.01 15 Yr FRM 3.32% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.93% +0.01 5/1 Yr ARM 3.10% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.26% 1.25 -0.06 30 Yr. Fixed 3.90% 1.28 -0.03 MBA ** 30 Yr. Fixed 4.23% 0.37 -0.03 15 Yr. Fixed 3.41% 0.31 -0.03 30 Yr. Jumbo 4.18% 0.30 -0.03 30 Yr. FHA 4.01% 0.18 -0.03 5/1 ARM 3.03% 0.37 -0.06 Freddie Mac ** 30 Yr. Fixed 4.04% 0.60 -0.04 15 Yr. Fixed 3.20% 0.50 -0.04 1 Yr. ARM 2.50% 0.30 -0.02 5/1 Yr. ARM 2.93% 0.40 -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 98.86 -0.47 30YR FNMA 3.5 102.34 -0.38 30YR GNMA 3.0 100.41 -0.14 30YR GNMA 3.5 103.28 -0.09 15YR FNMA 3.0 103.30 -0.08 15YR FNMA 2.5 100.83 -0.11 Treasuries Yield Change 2 YR 0.6772% +0.0322 5 YR 1.7107% +0.0512 10 YR 2.4410% +0.0401 30 YR 3.2210% +0.0277 Prices as of: 7/13/2015 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. © 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.