Daily Newsletter: Rates Remain Under Pressure, Near Recent Highs; Purchase Loan Volume Picks Up

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

30 Year Fixed 3.74%   +0.02 15 Year Fixed 2.99%   +0.00 10YR Treasury 1.87%   +0.0105 FNMA 30YR 3.5 104.44   -0.06 FNMA 15YR 2.5 104.11   +0.02 View Today's Rates

Wednesday May 25, 2016 Mortgage Rate Watch - 4:12PM Mortgage Rates Remain Under Pressure, Near Recent Highs Mortgage rates didn't move much today, depending on the lender. Most of the movement seen was toward slightly higher levels. The bond markets that underly mortgage rates remain under ... MND NewsWire - 9:20AM 2-4 Unit Properties Could Ease Affordable Housing Problem The Urban Institute says one solution to the nation's high rental costs is an old one, but financing may be making it unnecessarily inaccessible. Laurie Goodman, writing in the Institutes ... Pipeline Press - 9:11AM Section 342 & OMWI - Why Lenders Should Be Aware of it; LO Survey It is hard to trace what happens to the fines levied against company by various regulators seeking to make a name for themselves. But one agency is a little more transparent than others ... MND NewsWire - 7:58AM Purchase Loan Volume up, Loan Size at Record High Mortgage applications increased last week driven by a significant uptick in applications for purchase mortgages. Refinance volume rose only fractionally. Overall, applications for mortgages ... MBS Day Ahead: Auction Cycle and Technicals Keep Pressure on Bonds New Home Sales Skyrocketed in April, Probably... Latest Video What's changed for the Fed? Markets ready for June rate hike? US 10-year gains on German bund More News from 'Around the Web' Bloomberg - 4:21PM Wells Fargo Pays $70 Million for Failures in Foreclosure Accord freddiemac.mwnewsroom.com - 4:21PM Freddie Mac Completes First Credit Risk Transaction With 15-Year Mortgages eyeonhousing.org - 1:45PM Mortgage Debt Outstanding Expands On Growing Originations eyeonhousing.org - 1:45PM NAHB Releases Remodeling by Zip Code Estimates for 2016 Calculated Risk Blog - 1:45PM Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in April SIFMA - 12:01PM SIFMA Publishes Quarterly Research Report for 1Q 2016 Bloomberg - 12:00PM How Fed Rate Hike Messaging Impacts the Economy Calculated Risk Blog - 10:19AM FHFA: House Prices increased 0.7% in March, New Zip Code HPI Data OCC - 10:19AM OCC Terminates Mortgage Servicing-Related Consent Order Against Wells Fargo Bank, Issues $70 Million Civil Money Penalty Bloomberg - 10:19AM Can the Fed Control the US Yield Curve? freddiemac.mwnewsroom.com - 10:19AM More U.S. Housing Markets Improving eyeonhousing.org - 10:19AM Over 20% of Home Builders Have Already Used Aerial Drones CNBC - 8:05AM Fed just amassing ammo for next recession with summer hike: Forester Today's Rates Best Execution Rate Change 30 Yr FRM 3.74% +0.02 15 Yr FRM 2.99% +0.00 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.74% +0.01 5/1 Yr ARM 3.00% -0.01 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 3.58% 0.60 +0.01 15 Yr. Fixed 2.81% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 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 3.0 102.06 -0.13 30YR FNMA 3.5 104.44 -0.06 30YR GNMA 3.0 103.06 -0.06 30YR GNMA 3.5 105.38 -0.03 15YR FNMA 3.0 104.11 +0.02 15YR FNMA 2.5 102.33 -0.02 Treasuries Yield Change 2 YR 0.9264% +0.0129 5 YR 1.4095% +0.0050 10 YR 1.8734% +0.0105 30 YR 2.6688% +0.0232 Prices as of: 5/25/2016 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. © 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.