Daily Newsletter: Mortgage Rates Calm Ahead of Long Weekend; CFPB Targets Individual LO

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

30 Year Fixed 3.72%   -0.01 15 Year Fixed 2.99%   -0.01 10YR Treasury 1.85%   +0.0246 FNMA 30YR 3.5 104.50   -0.13 FNMA 15YR 2.5 104.00   -0.19 View Today's Rates

Friday May 27, 2016 Mortgage Rate Watch - 12:48PM Mortgage Rates Calm Ahead of Long Weekend Mortgage rates were sideways to slightly lower today, depending on the lender. Financial markets closed early for Memorial Day weekend, and will be fully closed on Monday. As such, ... Pipeline Press - 10:01AM CFPB Goes After Individual LO; The Cost of Regulation on Home Prices; TRID Costs Continue Do you think your company’s computer system is immune from hacking? It’s not a matter of “if” but “when” – just ask Equifax about its data ... MBS Commentary - 8:27AM MBS Day Ahead: Yellen Speech Won't Matter Until Next Week--Even if it Moves Markets Today GDP at 8:30am won't matter Consumer Sentiment at 10am won't matter Yellen at 10:30am (and 1:15pm) won't matter All of the above--but especially Yellen--can matter next week As I like ... MND NewsWire - 10:48AM Home Price Gains Top 6% Year-Over-Year Home prices appreciated in the first quarter of 2016 by 1.3 percent compared to the fourth quarter of 2015. The Federal Housing Finance Agency (FHFA) said this was the 19 th straight ... Housing's Hot Streak Continues as Pending Sales Crush Expectations MBS RECAP: Early Month-End Buying Boosts Bonds Latest Video Q1 GDP revisions disappoint Q1 GDP up 0.8% (rev.) Santelli Exchange: Low rates 'medicinal' or 'toxic?' More News from 'Around the Web' The Atlantic - 1:53PM How America Lost Its Mojo (Is It Housing?!) Calculated Risk Blog - 1:49PM Regional Home Price Declines Not Uncommon in the Past CNBC - 1:46PM Yellen: Rate hike probably appropriate in the coming months CNBC - 11:26AM Consumer sentiment inches up in May Reuters - 11:21AM Yellen may help pave way for higher rates on Friday Bloomberg - 9:53AM Why GDP Numbers May Put Off June Fed Rate Hike CNBC - 8:43AM Economic growth revised up to just 0.8 percent Bloomberg - 8:40AM The Dangers of Yellen Speaking Right Before Memorial Day CNBC - 8:06AM Ahead of Yellen and GDP data, US futures higher CNBC - 8:06AM With housing heating up, here's how to play the homebuilders Bloomberg - 8:06AM Gundlach Says Yellen Speech to Be Dovish as Treasury Bid Soars Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% -0.01 15 Yr FRM 2.99% -0.01 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.73% -0.02 5/1 Yr ARM 2.99% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.64% 0.50 +0.06 15 Yr. Fixed 2.89% 0.50 +0.08 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.50 +0.07 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 3.0 102.23 -0.08 30YR FNMA 3.5 104.50 -0.13 30YR GNMA 3.0 103.28 +0.03 30YR GNMA 3.5 105.39 -0.08 15YR FNMA 3.0 104.00 -0.19 15YR FNMA 2.5 102.30 -0.16 Treasuries Yield Change 2 YR 0.9106% +0.0356 5 YR 1.3864% +0.0390 10 YR 1.8510% +0.0246 30 YR 2.6503% +0.0117 Prices as of: 5/27/2016 2:05PM 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.