Daily Newsletter: Lenders Anticipate Higher Profits, Less Drag from Compliance Costs; Rates Remain Near Recent Highs

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

30 Year Fixed 3.47%   +0.00 15 Year Fixed 2.82%   +0.00 10YR Treasury 1.70%   +0.0001 FNMA 30YR 3.5 105.27   +0.03 FNMA 15YR 2.5 104.83   0.00 View Today's Rates

Thursday September 15, 2016 MND NewsWire - 1:09PM Lenders Anticipate Higher Profits, Less Drag from Compliance Costs Mortgage lenders are feeling more positive about profits this quarter than they did in the second quarter with 28 percent of those surveyed by Fannie Mae expecting an increase over ... MND NewsWire - 10:23AM Q2 Price Gains Rescue Half Million Underwater Homes More than a half-million fewer homeowners were underwater at the end of the second quarter of 2016 than at the beginning CoreLogic said today. At quarter's end there were approximately ... Mortgage Rate Watch - 3:24PM Mortgage Rates Sidestep Near Recent Highs Mortgage Rates were unchanged in most cases today, keeping them near their highest levels in more than 2 months. Rates are driven primarily by movements in bond markets, and bonds had ... MND NewsWire - 12:25PM MBA Sees New Home Builders "Catching Up" with Demand The Mortgage Bankers Association (MBA) estimates that sales of newly constructed homes increased by 5.0 percent in August compared to July. The estimate, which is not seasonally adjusted ... LOs, RESPA, and PHH - a Legal Take; CFPB to Register Non-Banks? MBS Day Ahead: Somewhat Massive Glut of Economic Data, Led by Retail Sales Latest Video Not your grandma's retirement home: Check out this luxe living Data dump ahead of the Fed Santelli: Enlightening knee-jerk reactions More News from 'Around the Web' CNBC - 4:07PM Why everyone needs to pay attention to the bond market Calculated Risk Blog - 3:06PM FNC: Residential Property Values increased 5.4% year-over-year in July Market Watch - 12:23PM Even the CEO of Zillow thinks you should ask a real-estate agent what your home is worth CNBC - 12:22PM Op-Ed: The bond market is getting it wrong www.cfpbmonitor.com - 12:22PM House Committee approves Dodd-Frank replacement bill media.ally.com - 10:27AM Ally's 2016 Credit Card Study Reveals What Customers Really Want: Cash freddiemac.mwnewsroom.com - 10:27AM Mortgage Rates Head Up Reuters - 9:59AM U.S. industrial output falls more than expected as utilities sag CNBC - 9:51AM US weekly jobless claims total 260,000 vs 265,000 estimate CNBC - 9:51AM US retail sales slumped 0.3 percent in August, ending four months of growth CNBC - 9:51AM US producer prices unchanged, underlying inflation firming Fannie Mae - 9:50AM Lender Profit Expectations More Positive as Compliance Cost ... www.corelogic.com - 8:29AM CoreLogic Reports 548,000 US Homeowners Regained Equity in the Second Quarter of 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.47% +0.00 15 Yr FRM 2.82% +0.00 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.62% -0.01 5/1 Yr ARM 2.86% -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 3.50% 0.50 +0.06 15 Yr. Fixed 2.77% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.40 +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 3.0 103.44 +0.06 30YR FNMA 3.5 105.27 +0.03 30YR GNMA 3.0 104.42 +0.03 30YR GNMA 3.5 106.17 +0.02 15YR FNMA 3.0 104.83 0.00 15YR FNMA 2.5 103.41 +0.02 Treasuries Yield Change 2 YR 0.7338% -0.0282 5 YR 1.1852% -0.0228 10 YR 1.6994% +0.0001 30 YR 2.4680% +0.0160 Prices as of: 9/15/2016 4:23PM 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.