Daily Newsletter: Big Bounces for Existing Home Sales And Mortgage Rates

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

30 Year Fixed 3.88%   +0.04 15 Year Fixed 3.15%   +0.04 10YR Treasury 2.06%   +0.0296 FNMA 30YR 3.5 104.02   -0.08 FNMA 15YR 2.5 103.70   -0.08 View Today's Rates

Friday January 22, 2016 Mortgage Rate Watch - 6:02PM Biggest Bounce of Year for Mortgage Rates Mortgage rates moved higher at their quickest pace of 2016 today. Rates have been faithfully following the slide in equities prices, albeit at a gentler pace. With stocks capping their ... MND NewsWire - 6:27PM Mortgage Performance Continues to Improve; Prepayment Numbers Rise It was a year of significant improvement in the distressed home arena. According to Black Knight Financial Services there was a 22 percent decrease in the national Foreclosure Inventory ... MND NewsWire - 11:23AM Existing Home Sales Rally after TRID-related November Loss It is hard to sort out the closings scheduled for December from those delayed into the month from November by problems with the new Truth-in-Lending disclosure (TRID) rule. The bottom ... Pipeline Press - 11:29AM Reverse Mortgage Counterpoints and Updates--How Many People Turn 62 Every Day? The FHA's insurance fund is out of the headlines , having moved above the mandated 2% level. (Yes, for the first time since 2008!) Everyone agrees that the increase is primarily due ... MBS Day Ahead: OK, NOW Is It Time For a Bounce? A Silver Lining in the Regulatory Cloud Latest Video Existing home sales jump Oil rises above $30 but can it sustain gains? Market boosted by energy, oil gains More News from 'Around the Web' Reuters - 5:13PM Oil's whiplash above $30: dead cat bounce or double-bottom base? Market Watch - 3:16PM The Fed: Don't expect dovish sentiment from the Fed next week Fannie Mae - 3:15PM Fannie Mae Issues $9.8 Billion of Multifamily MBS in the Fourth Quarter of 2015 CNBC - 1:38PM BAML: Probability of US recession rises to 20% Calculated Risk Blog - 1:31PM A Few Random Comments on December Existing Home Sales www.npr.org - 11:33AM It Begins: Massive Blizzard Sweeps Up East Coast Reuters - 10:18AM U.S. existing home sales surge a record 14.7 percent www.bkfs.com - 10:18AM Black Knight Financial Services' "First Look" at December 2015 Mortgage Data CNBC - 8:43AM Chicago Fed Index improves CNN - 8:43AM Draghi gives Janet Yellen an A+ for rate hike CNBC - 8:41AM Bond investors look to big week ahead CNBC - 8:33AM Is the ECB's QE working? Bank chiefs clash Today's Rates Best Execution Rate Change 30 Yr FRM 3.88% +0.04 15 Yr FRM 3.15% +0.04 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.72% +0.04 5/1 Yr ARM 3.05% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.12% 0.38 -0.08 15 Yr. Fixed 3.42% 0.39 -0.05 30 Yr. Jumbo 4.02% 0.30 -0.07 30 Yr. FHA 3.90% 0.34 -0.05 5/1 ARM 3.42% 0.39 -0.05 Freddie Mac ** 30 Yr. Fixed 3.81% 0.60 -0.11 15 Yr. Fixed 3.10% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.91% 0.50 -0.10 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 3.0 101.19 -0.14 30YR FNMA 3.5 104.02 -0.08 30YR GNMA 3.0 102.17 -0.13 30YR GNMA 3.5 104.63 -0.05 15YR FNMA 3.0 103.70 -0.08 15YR FNMA 2.5 101.64 -0.14 Treasuries Yield Change 2 YR 0.8732% +0.0401 5 YR 1.4845% +0.0437 10 YR 2.0572% +0.0296 30 YR 2.8269% +0.0182 Prices as of: 1/22/2016 4:29PM 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. © 2016 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.