Daily Newsletter: Mortgage Rates Lowest Since April Ahead of Big Jobs Report; Affordability Remains Despite Advancing Prices; Construction Spending Flat

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

30 Year Fixed 3.86%   -0.03 15 Year Fixed 3.16%   -0.02 10YR Treasury 2.04%   +0.0000 FNMA 30YR 3.5 104.36   -0.05 FNMA 15YR 2.5 104.19   +0.03 View Today's Rates

Thursday October 1, 2015 Mortgage Rate Watch - 4:02PM Mortgage Rates Lowest Since April Ahead of Big Jobs Report Mortgage rates can seemingly do no wrong this week. They fell again today--this time making it firmly into territory not seen since late April. At current levels, many lenders have ... Community Commentary - 11:58AM Special TRID edition of Borrower Do's and Don'ts We've previously explored homebuyers' "Do's and Don'ts" and uncovered some vital tips that help or hinder the home buying process. In today's special edition, we examine hints for successfully ... MND NewsWire - 11:47AM Wages and Rates Buoy Affordability Amid Rising Home Prices Even though home prices have increased in a more or less uninterrupted pattern since early 2012 a joint report form RealtyTrac and Clear Capital puts buying a home in the first quarter ... MND NewsWire - 11:30AM Construction Spending Flat; Residential Sector Slightly Less so There was a small increase in both publicly and privately funded construction spending in August. Privately funded residential spending performed slightly better than construction as ... MBS MID-DAY: Big Move in Europe Helps Bonds Hold Gains Lending to Asian Americans; MBS Issuance Numbers; Lender Receives $1 Billion in Funding MBS Day Ahead: Now that Month-End is Over, Are Bonds Destined to Pull Back? Latest Video Lacker: October rate hike possible Santelli: Rate risks State of luxury homes More News from 'Around the Web' www.cfpbmonitor.com - 4:25PM Director Corday testifies before House Committee on Financial Services Market Watch - 3:05PM How to storm-proof your home insurance Reuters - 2:57PM Fed's Williams repeats call for rate hike 'sometime' in 2015 CNBC - 12:55PM Hurricane Joaquin gains strength CNBC - 12:55PM El-Erian: EMs 'completely unhinged' CNN - 12:55PM Foreign holdings of U.S. stocks and bonds hit record CNBC - 12:53PM Developer confident $130M NYC penthouse will sell CNBC - 12:53PM Manhattan real estate hits new price record Reuters - 10:58AM U.S. manufacturing sector growth eases in September: ISM CNBC - 10:57AM Oct. hike still possible: Fed's Lacker freddiemac.mwnewsroom.com - 10:26AM Mortgage Rates Largely Unchanged www.realtor.com - 8:46AM Here's What Pushes People to Buy Homes in 2015 CNBC - 8:40AM US jobless claims rise, still point to firm labor mkt Bloomberg - 8:39AM In Shadow of Fed Liftoff, Treasuries Top All Other Investments Today's Rates Best Execution Rate Change 30 Yr FRM 3.86% -0.03 15 Yr FRM 3.16% -0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.66% -0.04 5/1 Yr ARM 2.94% -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% 0.45 -0.01 15 Yr. Fixed 3.29% 0.41 -0.02 30 Yr. Jumbo 3.96% 0.35 -0.03 30 Yr. FHA 3.87% 0.34 -0.01 5/1 ARM 2.95% 0.41 +0.00 Freddie Mac ** 30 Yr. Fixed 3.85% 0.60 -0.01 15 Yr. Fixed 3.07% 0.70 -0.01 1 Yr. ARM 2.53% 0.20 +0.00 5/1 Yr. ARM 2.91% 0.40 +0.00 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 3.0 101.44 -0.02 30YR FNMA 3.5 104.36 -0.05 30YR GNMA 3.0 102.14 +0.02 30YR GNMA 3.5 104.73 +0.05 15YR FNMA 3.0 104.19 +0.03 15YR FNMA 2.5 102.05 +0.05 Treasuries Yield Change 2 YR 0.6487% +0.0119 5 YR 1.3701% +0.0048 10 YR 2.0438% +0.0000 30 YR 2.8554% -0.0047 Prices as of: 10/1/2015 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.