Daily Newsletter: Mortgage Rates Higher After Senate Tax Plan; Would Student Loan Mortgages Fix Homeownership?

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30 Year Fixed 3.96%   +0.03 15 Year Fixed 3.27%   +0.02 10YR Treasury 2.34%   +0.0091 FNMA 30YR 3.5 102.88   -0.09 FNMA 15YR 2.5 102.36   -0.09 View Today's Rates

Thursday November 9, 2017 Mortgage Rate Watch - 3:22PM Mortgage Rates Higher as Lenders Catch Up to Yesterday's Market Moves Mortgage rates moved higher for the first time this week, ending a 3-day run at the best levels since mid-October. Today's rates are roughly in line with those seen on November 3rd ... Pipeline Press - 9:14AM State-Level News, Lending Law Changes; Accounting and Forecasting Products Regardless of presidential administration, immigrants, and millions others, need places to live, and this morning a story was published about Fannie Mae entering the construction loan ... MND NewsWire - 4:56PM Would "Student Loan Mortgages" Solve Homeownership Problems? In June the National Association of Realtors® (NAR) released a "working paper" from the Rosen Consulting Group and the Fisher Center for Real Estate and Urban Economics, University ... MBS Commentary - 9:28AM MBS Day Ahead: Beware Short-Term Bounce Potential But Don't Freak Out Until It's Time Bonds are beginning the day in weaker territory for one of several reasons (MBS Live members can read about them in greater detail HERE ). The weakness comes at a bad time with respect ... Housing Enthusiasm Ebbed After Last Month's All-Time Highs -Fannie Survey Renters Getting Off Easy vs Owners When it Comes to Rising Payments? Latest Video Senate releases its tax bill as House continues debate on its version Senate tax bill has 7 tax brackets, say sources Tax reform plans becoming a tough sell More News from 'Around the Web' CNBC - 4:01PM House Republicans advance tax bill, aim to bring it to a vote next week CNBC - 4:00PM Here's how the House and Senate tax bills compare CNBC - 2:46PM Here's what's in the Senate Republican tax plan eyeonhousing.org - 2:46PM How Much Water Homes Use CNBC - 12:03PM Senate GOP bill would delay corporate tax cut until 2019, says Washington Post Bloomberg - 11:57AM Bonds Slump From Germany to Portugal on Concern Rally Overdone www.consumerfinancemonitor.com - 11:46AM Illinois lawmakers override governor's veto of student loan servicing bill webfeeds.brookings.edu - 11:34AM Hutchins Roundup: Fed staff projection descriptions, financial networks, and more Fannie Mae - 11:14AM Fannie Mae Announces Winner of its Latest Non-Performing ... eyeonhousing.org - 10:43AM Los Angeles Takes Top Spot as Nation's Least Affordable Housing Market Calculated Risk Blog - 10:38AM Is the stock market a bubble? freddiemac.mwnewsroom.com - 10:36AM Freddie Mac November 2017 Insight PR Newswire - 10:22AM Consumers Plan to Spend About the Same as Last Year on Holiday Gifts CNBC - 10:07AM Wholesale inventories rise 0.3 percent, meeting expectations CNBC - 9:29AM Gradual rate hikes in the US are the best option, says Fed's Mester Bloomberg - 9:29AM Yellen Hasn't Decided Whether to Remain at Fed, Mnuchin Says CNBC - 9:21AM US Treasurys slightly higher ahead of data, auction announcements Reuters - 9:17AM Jobless claims rise more than expected as hurricane backlog clears CNBC - 8:24AM Gary Cohn: A year ago, I was advising companies to move out of the US CNBC - 8:23AM Gary Cohn: Trickle-down is good for the economy Today's Rates Best Execution Rate Change 30 Yr FRM 3.96% +0.03 15 Yr FRM 3.27% +0.02 FHA 30 Year Fixed 3.55% +0.05 Jumbo 30 Year Fixed 4.15% +0.03 5/1 Yr ARM 3.15% +0.00 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 3.90% 0.40 -0.04 15 Yr. Fixed 3.24% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.22% 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 3.0 100.13 -0.11 30YR FNMA 3.5 102.88 -0.09 30YR GNMA 3.0 101.14 -0.11 30YR GNMA 3.5 103.81 -0.17 15YR FNMA 3.0 102.36 -0.09 15YR FNMA 2.5 100.27 -0.14 Treasuries Yield Change 2 YR 1.6373% -0.0120 5 YR 2.0149% +0.0050 10 YR 2.3434% +0.0091 30 YR 2.8177% +0.0267 Prices as of: 11/9/2017 4:58PM 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

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