Daily Newsletter: Unsustainable Prices in 14 Metros; Mortgage Rates Turning Blue; CoreLogic on Affordable Housing Goals; Fed Week!

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

30 Year Fixed 3.98%   -0.01 15 Year Fixed 3.24%   -0.01 10YR Treasury 2.18%   -0.0089 FNMA 30YR 3.5 103.72   +0.11 FNMA 15YR 2.5 103.94   +0.08 View Today's Rates

Monday September 14, 2015 MND NewsWire - 3:24PM Unsustainable Home Prices in 14 Metro Areas -CoreLogic CoreLogic has released figures showing that residential real estate in 14 of the 100 top real estate markets in the country were overvalued in the second quarter of 2015, twice the ... Mortgage Rate Watch - 5:23PM Mortgage Rates Turning Blue From Lack of Oxygen Mortgage rates are officially holding their breath ahead of Thursday's FOMC Announcement. It's not mortgages, specifically, but the entire bond market. In fact, a Fed rate hike doesn ... MND NewsWire - 12:09PM CoreLogic's Take on GSE Affordable Housing Goals It has been almost a month since the Federal Housing Finance Agency (FHFA) announced the final goals for affordable housing for mortgages and rental activity financed by the government ... MBS Commentary - 7:33AM MBS Week Ahead: Fed Week! (And Some Other Stuff Too) I heard a rather excitable radio personality refer to this week's FOMC meeting as the "most important central bank meeting in the history of monetary policy ." While that might be going ... MBS RECAP: Waiting on The Fed is the Only Game in Town MBS MID-DAY: Bonds Near 'Unchanged' And Marching to Their Own Beat Another False Claims Settlement; Credit Unions Growing Membership and Lending Latest Video Housing pro expects more buyers Fed even weighing refugees in rate hike: Cashin Markets benefit from rate hike: Pro More News from 'Around the Web' Reuters - 3:21PM Credibility, 'gradual' approach at stake as Fed weighs rate rise Bloomberg - 2:08PM Senator Warren Said to Pull Support for Fannie Shareholder Bill Market Watch - 12:11PM Goldman calls on Fed to launch QE-plan Reuters - 10:45AM Deutsche Bank to cut workforce by a quarter www.npr.org - 10:45AM At Least 400 Homes Destroyed By New California Fire CNBC - 10:35AM Houston to become 3rd largest city CNBC - 8:55AM Fears grow over US market bubble CNBC - 8:48AM Reaction to Shiller bubble warning CNBC - 8:47AM What to expect after Fed hike: Traders CNBC - 8:42AM Could you sell your home without help? CNBC - 8:39AM US Treasuries sidelined as Fed looms www.freddiemac.com - 8:37AM Four Tips for Buying an REO Home Bloomberg - 12:25AM JPMorgan Sees New Normal in Bonds as Slowing China Crimps Yields Bloomberg - 12:24AM El-Erian Says Rate Move Close Call as Bonds Suggest Fed to Wait Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% -0.01 15 Yr FRM 3.24% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.80% -0.01 5/1 Yr ARM 2.98% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.49% 1.29 +0.13 30 Yr. Fixed 4.20% 1.45 +0.16 MBA ** 30 Yr. Fixed 4.08% 0.37 +0.00 15 Yr. Fixed 3.30% 0.26 -0.03 30 Yr. Jumbo 4.05% 0.28 +0.05 30 Yr. FHA 3.87% 0.32 -0.03 5/1 ARM 3.05% 0.36 +0.09 Freddie Mac ** 30 Yr. Fixed 3.90% 0.60 +0.01 15 Yr. Fixed 3.10% 0.70 +0.01 1 Yr. ARM 2.63% 0.30 +0.01 5/1 Yr. ARM 2.91% 0.50 -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 3.0 100.53 +0.09 30YR FNMA 3.5 103.72 +0.11 30YR GNMA 3.0 101.50 +0.05 30YR GNMA 3.5 104.22 +0.05 15YR FNMA 3.0 103.94 +0.08 15YR FNMA 2.5 101.66 +0.08 Treasuries Yield Change 2 YR 0.7296% +0.0202 5 YR 1.5062% -0.0049 10 YR 2.1795% -0.0089 30 YR 2.9524% +0.0001 Prices as of: 9/14/2015 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

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.