Daily Newsletter: Rate Spike Pauses on Fed Chair Optimism; Chapter 11 for ditech's Parent?

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

30 Year Fixed 4.06%   -0.03 15 Year Fixed 3.34%   -0.02 10YR Treasury 2.42%   -0.0472 FNMA 30YR 3.5 102.56   +0.28 FNMA 15YR 2.5 102.33   +0.20 View Today's Rates

Friday October 27, 2017 Mortgage Rate Watch - 3:11PM Rate Spike Pauses on Fed Chair Optimism Mortgage rates recovered some of their recent losses today, with most lenders moving back into Wednesday's territory. The improvement followed another round of rumors regarding Trump ... Pipeline Press - 9:22AM HELOC, M&A, and Bank Updates; Chapter 11 for Ditech's Parent? The average age of a loan officer is 73. Okay, just kidding. But as anyone in the lending industry and others age, they begin to worry about things such as dementia. (Insert capital ... MBS Commentary - 9:02AM MBS Day Ahead: When Will The Bad Times Be Over? Yesterday afternoon's MBS Recap is a good read if you want a longer and more philosophical version of what I'm about to write (click the link to read it). The short version is quite ... MND NewsWire - 12:49PM ARMs Prove They Have Cleaned up Their Act In August, MND published a summary of an analysis of the current state of the adjustable rate mortgage (ARM). CoreLogic's senior professional economist, Archana Pradhan, wrote that ... Pending Home Sales Stuck at 2-Year Lows Lender Appraisal Requirement Changes; New Digital Mortgage Services Latest Video Lawmakers looking at raising 401(k) contribution limits to $20K What fueled the economy to 3% GDP? Economist weighs in Former Fed vice chair Alan Blinder weighs in on Fed chair frontrunners More News from 'Around the Web' Bloomberg - 2:41PM Barclays and US Renew Talks Over Toxic Mortgages Lawsuit Bloomberg - 2:41PM Treasuries Gain After Report That Trump Is Leaning Toward Powell for Fed Chair Bloomberg - 12:54PM Weidmann Says ECB Should Have Set Clear End Date for Bond Buying CNBC - 12:28PM How to know when you should drop the asking price on your home Market Watch - 12:02PM Hurricanes only trimmed a few tenths from Q3 GDP growth: economists CNBC - 11:18AM Rising home prices and stagnant wages have home buyers in a pickle Bloomberg - 10:52AM Bond Volatility Shows Signs of Life as Rates Divergence Widens CNBC - 10:20AM Trump is leaning towards Jay Powell for next Fed chair, but remains undecided: Source CNBC - 10:10AM Consumer sentiment ticks down after hitting 7-month highs earlier in October Bloomberg - 10:03AM It's Going to Stay a Yellen Fed No Matter Who Gets the Job Reuters - 9:31AM Catalan parliament votes to start 'constituent process' to split from Spain Reuters - 8:06AM U.S. economy likely slowed by hurricanes in third quarter Today's Rates Best Execution Rate Change 30 Yr FRM 4.06% -0.03 15 Yr FRM 3.34% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.24% -0.02 5/1 Yr ARM 3.22% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.22 -0.02 30 Yr. Fixed 4.14% 1.32 -0.01 MBA ** 30 Yr. Fixed 4.06% 0.38 -0.05 15 Yr. Fixed 3.34% 0.38 -0.02 30 Yr. Jumbo 3.96% 0.20 -0.04 30 Yr. FHA 3.98% 0.35 -0.04 5/1 ARM 3.14% 0.31 -0.12 Freddie Mac ** 30 Yr. Fixed 3.94% 0.50 +0.06 15 Yr. Fixed 3.25% 0.50 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 0.40 +0.04 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 99.75 +0.36 30YR FNMA 3.5 102.56 +0.28 30YR GNMA 3.0 100.97 +0.39 30YR GNMA 3.5 103.64 +0.25 15YR FNMA 3.0 102.33 +0.20 15YR FNMA 2.5 100.20 +0.20 Treasuries Yield Change 2 YR 1.5955% -0.0234 5 YR 2.0330% -0.0464 10 YR 2.4155% -0.0472 30 YR 2.9251% -0.0471 Prices as of: 10/27/2017 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.