Daily Newsletter: Mortgage Rates Stay Near Recent Lows; CoreLogic Home Prices Continue Beating Forecasts

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

30 Year Fixed 3.63%   -0.01 15 Year Fixed 2.92%   -0.01 10YR Treasury 1.72%   -0.0172 FNMA 30YR 3.5 104.97   +0.08 FNMA 15YR 2.5 104.48   +0.05 View Today's Rates

Tuesday June 7, 2016 Mortgage Rate Watch - 4:49PM Mortgage Rates Stay Near Recent Lows Mortgage rates were sideways to slightly lower today, keeping them in line with the lowest levels in more than three years. While there are a few aggressive lenders quoting 3.5% on ... MND NewsWire - 10:43AM CoreLogic HPI Continues to Beat Forecast The second of the major home price estimates for April was released by CoreLogic on Tuesday and tracks, on an annual basis, closely with the first, released by the National Association ... Pipeline Press - 10:13AM M&A Activity; New Non-QM Entrant; Upcoming Webinars Welcome to a day of primary elections in New Jersey, Montana, New Mexico, South & North Dakota…and California. As one pundit pointed out, “The problem we have is that ... MBS Commentary - 9:42AM MBS Day Ahead: Revisiting Longer Term Trends as We Wait For Next Move Bonds have maintained long-term consolidation trend almost all year We have yet to see a meaningful attempt to break out But such an attempt must come within next 2 months--probably ... Mortgage Status Can Help Predict Homeowner Behavior MBS Week Ahead: Light Data Ahead of Fed Week; Yellen's Chance to Address Jobs Report Latest Video Houzz ranks 11 on Disruptors list June rate hike off the table Scrapping and fixing Dodd-Frank: Rep Hensarling More News from 'Around the Web' Market Watch - 5:11PM Economic Report: Consumer credit cools off in April from torrid pace in March Market Watch - 5:07PM Will the ECB do to the corporate bond market what it did to sovereign bonds? Calculated Risk Blog - 5:06PM U.S. Births decreased slightly in 2015 CNBC - 3:22PM 'Lite doc' loans for housing Calculated Risk Blog - 3:20PM Leading Index for Commercial Real Estate shows gain in May CNBC - 1:28PM Boockvar: The Fed should raise rates and cause a short term recession Calculated Risk Blog - 11:27AM Las Vegas Real Estate in May: Sales Decreased Slightly YoY, Inventory Increases CNBC - 9:53AM Zillow shares soar after lawsuit settlement, Barclays upgrade CNBC - 8:18AM US Treasurys dip as Fed hike expectations fade www.corelogic.com - 8:17AM CoreLogic US Home Price Report Shows Prices Up 6.2 Percent Year Over Year in April 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% -0.01 15 Yr FRM 2.92% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.65% -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 3.66% 0.50 +0.02 15 Yr. Fixed 2.92% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.50 +0.01 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 3.0 102.84 +0.09 30YR FNMA 3.5 104.97 +0.08 30YR GNMA 3.0 103.55 0.00 30YR GNMA 3.5 105.69 0.00 15YR FNMA 3.0 104.48 +0.05 15YR FNMA 2.5 102.89 +0.06 Treasuries Yield Change 2 YR 0.7833% -0.0160 5 YR 1.2306% -0.0210 10 YR 1.7177% -0.0172 30 YR 2.5411% -0.0128 Prices as of: 6/7/2016 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. © 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.