Daily Newsletter: Fannie and Freddie Allowed to Make Money Again; Mortgage Rates Lowest in Weeks

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

30 Year Fixed 3.72%   -0.03 15 Year Fixed 3.35%   -0.04 10YR Treasury 1.67%   -0.0190 FNMA 30YR 3.5 102.61   +0.13 FNMA 15YR 2.5 102.20   +0.20 View Today's Rates

Monday September 30, 2019 Mortgage Rate Watch - 4:35PM Mortgage Rates Lowest in Weeks Mortgage rate movement was fairly uneventful last week. The bond market (which is most directly responsible for driving day-to-day changes in mortgages rates) was focused on consolidating ... MND NewsWire - 2:56PM Fannie and Freddie Allowed to Make Money Again On Monday the government slightly loosened the leash on which it has held the two government sponsored enterprises (GSEs) for more than 11 years . In a letter signed by Treasury Secretary ... MBS Commentary - 9:53AM MBS Week Ahead: Range Breakout Guaranteed as Data and Calendar Collide In the week just passed, the bond market committed to a perfectly sideways consolidation pattern after having moved down from the highest yields in more than a month. There were a few ... MND NewsWire - 8:47AM Sales, Management Jobs; Study on Helping Borrowers; The Fed and The Election The final day of Q3 already… Aside from F1 drivers, did you know that Ferrari employees are not allowed to buy Ferrari cars? The exotic car market certainly has its own price ... Freddie's Refi Volume Jumped 57% in August Education, Broker, CRM Products; Econ. News Continues; Mortgage Robots? Latest Video Bar set so low, there's potential for market euphoria in Q4: Stovall The Fed accepts $63.5 billion in overnight repo operation Markets are not as focused on Fed repo as much as they should: Art Cashin More News from 'Around the Web' CNBC - 4:22PM New York judge dismisses blue state suit over SALT tax deductions Calculated Risk Blog - 1:14PM Chicago PMI "Drifts to 47.1 in September", Lowest Quarter since 2009 Reuters - 1:13PM U.S. allows Fannie Mae, Freddie Mac to start keeping profits CNBC - 11:25AM Fed has quieted bank funding market but still faces pressure to fix it Bloomberg - 9:52AM US Economy Slowing, Economist Shepherdson Says - Bloomberg www.builderonline.com - 9:15AM D.C. Millennials Have the Highest Mortgage Debt in the U.S. Reuters - 8:32AM Explainer: What delisting Chinese firms from U.S. stock markets could mean Reuters - 8:01AM Snapback to higher bond yields? At least five years, strategists say CNBC - 8:01AM Fed's Charles Evans says 'open-minded' about right level for interest rates Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% -0.03 15 Yr FRM 3.35% -0.04 FHA 30 Year Fixed 3.40% -0.04 Jumbo 30 Year Fixed 3.73% -0.02 5/1 Yr ARM 3.38% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.64% 0.60 -0.09 15 Yr. Fixed 3.16% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.38% 0.40 -0.11 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 3.0 101.53 +0.14 30YR FNMA 3.5 102.61 +0.13 30YR GNMA 3.0 102.70 +0.20 30YR GNMA 3.5 103.98 +0.28 15YR FNMA 3.0 102.20 +0.20 15YR FNMA 2.5 100.86 +0.13 Treasuries Yield Change 2 YR 1.6257% -0.0118 5 YR 1.5456% -0.0180 10 YR 1.6680% -0.0190 30 YR 2.1140% -0.0167 Prices as of: 9/30/2019 5:06PM 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. © 2019 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.

Daily Newsletter: Summer Housing Boom Not Quite Done Yet; Much Calmer Day For Rates

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

30 Year Fixed 3.75%   +0.00 15 Year Fixed 3.39%   +0.00 10YR Treasury 1.70%   -0.0069 FNMA 30YR 3.5 102.36   +0.06 FNMA 15YR 2.5 102.06   +0.09 View Today's Rates

Thursday September 26, 2019 MND NewsWire - 10:16AM Summer Housing Boom Not Quite Done Yet According to Pending Sales Pending home sales resumed their upward trajectory in August after declining 2.5 percent in July, making for positive results in three of the last four months. It was also the third ... Mortgage Rate Watch - 3:59PM Much Calmer Day For Mortgage Rates Mortgage rates held steady today--a welcome development after yesterday's move higher. In the bigger picture, rates have done an acceptable job of moving back down after spiking at ... MBS Commentary - 11:31AM How Bad is MBS Underperformance Right Now? It's been plain to see in recent months that MBS have had a very tough time keeping pace with the drop in Treasury yields. That's been especially true of the past 2 months. Why is it ... Strong Summer Finale for New Home Sales Non-Agency, Disclosure Products; Dive Into Economic News Pushing Rates Latest Video Why this analyst says there's more upside for homebuilders US second-quarter GDP is up 2.0%, weekly jobless claims up 3,000 Pending home sales beat in August, 1.6% vs. 1.0% estimated Today's Rates Best Execution Rate Change 30 Yr FRM 3.75% +0.00 15 Yr FRM 3.39% +0.00 FHA 30 Year Fixed 3.44% -0.01 Jumbo 30 Year Fixed 3.75% -0.01 5/1 Yr ARM 3.40% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.64% 0.60 -0.09 15 Yr. Fixed 3.16% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.38% 0.40 -0.11 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 3.0 101.23 +0.11 30YR FNMA 3.5 102.36 +0.06 30YR GNMA 3.0 102.41 +0.13 30YR GNMA 3.5 103.55 +0.03 15YR FNMA 3.0 102.06 +0.09 15YR FNMA 2.5 100.67 +0.14 Treasuries Yield Change 2 YR 1.6575% -0.0240 5 YR 1.5816% -0.0275 10 YR 1.6973% -0.0069 30 YR 2.1475% -0.0402 Prices as of: 9/26/2019 4:29PM 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. © 2019 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.

Daily Newsletter: New Home Sales Surge; Rates Change Course, Heading Higher; Application Volume Retreats

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

30 Year Fixed 3.75%   +0.03 15 Year Fixed 3.39%   +0.02 10YR Treasury 1.74%   +0.0848 FNMA 30YR 3.5 102.30   -0.19 FNMA 15YR 2.5 101.97   -0.20 View Today's Rates

Wednesday September 25, 2019 MND NewsWire - 10:37AM Strong Summer Finale for New Home Sales New home sales in August reclaimed part of July's sharp loss. The Census Bureau and Department of Housing and Urban Development said sales nationwide of newly constructed single-family ... Mortgage Rate Watch - 5:23PM Mortgage Rates Change Course, Head Higher Mortgage rates bounced higher today, after making it to the best levels in more than a week yesterday afternoon. Markets responded to a strong home sales report and political headlines ... MBS Commentary - 9:29AM MBS Day Ahead: Even if Bonds Can Continue Improving, How Much Will MBS Care? In the day just passed, the bond market managed to improve at a fairly decent clip, but the gains were much easier to come by for Treasuries vs MBS. Part of that was a factor of the ... MND NewsWire - 8:06AM Mortgage Volume Retreats 10% Due to "Economic Uncertainty" Although changes in mortgage rates were gradual and mixed during the week ended September 20, mortgage volume moved sharply lower. Refinancing was especially hard hit. The Mortgage ... Productivity, Credit, U/W Tools; Events and Free Training; Capital Markets Update Two Major Reports at Odds Over Home Price Trends Latest Video Why would a central bank want negative interest rates? Alan Blinder: It's a mistake for the Fed to cut rates August new home sales see 'blowout' numbers — 7.1% vs. 3.9% expected More News from 'Around the Web' Calculated Risk Blog - 4:48PM Zillow Case-Shiller Forecast: Slower YoY Price Gains in August compared to July CNBC - 3:17PM The Fed will be growing its balance sheet again, but don't call it 'QE4' www.consumerfinancemonitor.com - 3:16PM CFPB Issues HMDA Guides CNBC - 1:29PM As new home sales soar, analyst says entry-level price is 'redefined' higher Reuters - 11:33AM Evans: Larger balance sheet may avoid future repo market problems Bloomberg - 10:05AM Former Fed Official Kocherlakota Signals Concern for Repo Market CNBC - 9:20AM Westpac sees the Fed cutting rates in October Bloomberg - 8:02AM U.S. States Won't Join Century Bond Club Even If They Want To Today's Rates Best Execution Rate Change 30 Yr FRM 3.75% +0.03 15 Yr FRM 3.39% +0.02 FHA 30 Year Fixed 3.45% +0.02 Jumbo 30 Year Fixed 3.76% +0.02 5/1 Yr ARM 3.39% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.73% 0.50 +0.17 15 Yr. Fixed 3.21% 0.50 +0.12 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.49% 0.40 +0.13 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 3.0 101.13 -0.33 30YR FNMA 3.5 102.30 -0.19 30YR GNMA 3.0 102.28 -0.33 30YR GNMA 3.5 103.52 -0.23 15YR FNMA 3.0 101.97 -0.20 15YR FNMA 2.5 100.53 -0.23 Treasuries Yield Change 2 YR 1.6815% +0.0538 5 YR 1.6091% +0.0802 10 YR 1.7372% +0.0848 30 YR 2.1877% +0.0792 Prices as of: 9/25/2019 5:06PM 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. © 2019 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.