Daily Newsletter: Housing Slowdown?; CFPB on PMI; Rates Higher Again

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30 Year Fixed 4.03%   +0.05 15 Year Fixed 3.25%   +0.02 10YR Treasury 2.27%   +0.0450 FNMA 30YR 3.5 103.33   -0.11 FNMA 15YR 2.5 103.45   -0.06 View Today's Rates

Wednesday August 5, 2015 MND NewsWire - 12:43PM Housing Slowdown - Healthy Signal or Coal Mine Canary? Redfin, a multi-state real estate firm based in Seattle, says it is seeing "signs of an enduring slowdown" in the housing market. This isn't necessarily bad the company says, citing ... MND NewsWire - 4:50PM Steps for Terminating PMI Clarified in CFPB Bulletin Saying that consumers should not be billed unnecessarily for private mortgage insurance (PMI) the Consumer Financial Protection Bureau has issued guidance to servicers about terminating ... Mortgage Rate Watch - 6:21PM Mortgage Rates Higher Again as Jobs Data Approaches Mortgage rates continued their retreat from recent lows for a 2nd straight day after this morning's data suggested the service sector was at its strongest levels in 10 years last month ... MND NewsWire - 9:32AM Lower Rates Stoked Modest Refi Demand Last Week Last week was the best one for mortgage applications in quite some time in terms of percent gains versus the previous week (outright index levels remain generally depressed, especially ... MBS RECAP: Early Weakness Moderates; MBS Outperform Despite Losses MBS MID-DAY: ADP Not Helping and ISM Hurting CA Disaster News; Training Related to Millennials, and Their Impact on Housing MBS Day Ahead: Wednesday Before NFP. Time For Things to Get Serious Latest Video Why landing a mortgage is easier than you think Santelli: Let's keep it simple What to watch in Friday's jobs report More News from 'Around the Web' Calculated Risk Blog - 5:29PM Phoenix Real Estate in July: Sales Up 17%, Inventory DOWN 15% Year-over-year Calculated Risk Blog - 2:17PM Updated Table of Distressed Sales and Cash buyers for Selected Cities in June CNN - 2:17PM It just got easier to get a jumbo mortgage CNBC - 12:31PM Bond market brooding over Fed rate hike Bloomberg - 12:31PM Wall Street Says Yellen Poised to End Long Run of Zero Rates Bloomberg - 10:59AM Redfin CEO: Something We've Seen in Just the Last Month Should Make You Worried About the Housing Market CNBC - 10:58AM US service sector activity hits 10-year high: ISM CNBC - 10:10AM End of rising living standards? Market Watch - 9:00AM People Still Confused About October, 2014 Calculated Risk Blog - 8:42AM ADP: Private Employment increased 185,000 in July www.builderonline.com - 1:32AM Buyers Remorse? 1-in-7 Home Buyers Think They Overpaid Bloomberg - 1:31AM Fidelity Says Squeeze in Treasury Yields Has Further to Run Calculated Risk Blog - 1:30AM Wednesday: Trade Deficit, ADP Employment, ISM non-Mfg Survey Today's Rates Best Execution Rate Change 30 Yr FRM 4.03% +0.05 15 Yr FRM 3.25% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.81% +0.04 5/1 Yr ARM 3.05% +0.05 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% 0.34 +0.00 15 Yr. Fixed 3.43% 0.34 +0.00 30 Yr. Jumbo 4.16% 0.33 -0.04 30 Yr. FHA 4.00% 0.17 -0.02 5/1 ARM 3.08% 0.41 -0.05 Freddie Mac ** 30 Yr. Fixed 3.98% 0.60 -0.06 15 Yr. Fixed 3.17% 0.60 -0.04 1 Yr. ARM 2.52% 0.30 -0.02 5/1 Yr. ARM 2.95% 0.40 -0.02 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 3.0 100.08 -0.17 30YR FNMA 3.5 103.33 -0.11 30YR GNMA 3.0 101.14 -0.11 30YR GNMA 3.5 103.92 -0.05 15YR FNMA 3.0 103.45 -0.06 15YR FNMA 2.5 101.14 -0.06 Treasuries Yield Change 2 YR 0.7323% -0.0038 5 YR 1.6446% +0.0376 10 YR 2.2699% +0.0450 30 YR 2.9429% +0.0407 Prices as of: 8/5/2015 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

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