Daily Newsletter: Rates Steady to Slightly Lower After Fed; New Home Sales Fall; Fed Statement Differences

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

30 Year Fixed 4.05%   -0.01 15 Year Fixed 3.34%   -0.01 10YR Treasury 2.29%   -0.0393 FNMA 30YR 3.5 102.88   +0.22 FNMA 15YR 2.5 102.84   +0.20 View Today's Rates

Wednesday July 26, 2017 Mortgage Rate Watch - 5:06PM Mortgage Rates Steady to Slightly Lower After Fed Mortgage rates were steady to slightly lower today, despite fairly substantial movement in underlying bond markets. Bond prices ultimately do more to inform mortgage rates than anything ... MND NewsWire - 10:09AM New Homes Sales Fall Short of Expectations New home sales pulled out a slight month-over-month gain in June only because estimates of sales in May were revised down. The U.S. Census Bureau and the Department of Housing and Urban ... MBS Commentary - 2:02PM Differences Between Current and Previous FOMC Statements (Additions underlined, deletions struck through) Information received since the Federal Open Market Committee met in May June indicates that the labor market has continued to strengthen ... Pipeline Press - 9:17AM Lender M&A, Bank Mortgage News; FHA and Cybersecurity We’re in the midst of state fair season, and with it all the wonderful organic health food. Have you tried deep fried butter? Have a hankering for fried beer? Always wanted to ... MBS Day Ahead: Why Today Could Matter: A Lesson From an Old Fed Announcement Refi Applications Strengthened on Last Week's Lower Rates Latest Video Expert: Fed fires 'shot across the bow' on balance sheet reduction Fed leaves rates, balance sheet policy unchanged New home sales rise for second straight month More News from 'Around the Web' www.gallup.com - 4:44PM Older Americans Buck Trend of Decreased Homeownership Bloomberg - 3:30PM The Best Way to Increase Housing Supply? Build More freddiemac.mwnewsroom.com - 3:29PM Freddie Mac: Multifamily Market Will Continue to Grow, Hitting Records in 2017 Market Watch - 3:29PM Dollar turns negative after Fed statement www.consumerfinancemonitor.com - 12:59PM Trade associations urge Congress to disapprove CFPB arbitration rule CNBC - 11:50AM The Fed is about to make a major policy change. Here's how it works www.consumerfinancemonitor.com - 11:16AM House passes H.J. Res. 111 to override CFPB arbitration rule CNBC - 10:40AM Op-ed: Elitist approach to housing will harm an entire generation of families Reuters - 8:33AM D.R. Horton profit rises on higher home sales CNBC - 8:33AM JPMorgan points to low risk of a US housing correction CNBC - 8:32AM The biggest bond ETF provider says business may double in next five years CNBC - 8:32AM US Treasurys higher as bond investors look to Fed meeting Reuters - 8:32AM Fed expected to leave rates unchanged; balance sheet in focus freddiemac.mwnewsroom.com - 8:28AM Freddie Mac Issues Monthly Volume Summary for June 2017 Today's Rates Best Execution Rate Change 30 Yr FRM 4.05% -0.01 15 Yr FRM 3.34% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.34% -0.01 5/1 Yr ARM 3.19% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 3.96% 0.60 -0.07 15 Yr. Fixed 3.23% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 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 3.0 100.13 +0.27 30YR FNMA 3.5 102.88 +0.22 30YR GNMA 3.0 101.13 -0.08 30YR GNMA 3.5 103.59 -0.06 15YR FNMA 3.0 102.84 +0.20 15YR FNMA 2.5 100.83 +0.20 Treasuries Yield Change 2 YR 1.3631% -0.0268 5 YR 1.8348% -0.0535 10 YR 2.2925% -0.0393 30 YR 2.8961% -0.0171 Prices as of: 7/26/2017 5:05PM 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. © 2017 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.