Tuesday, November 4, 2014

Daily Newsletter: Home Price Increases Narrowing but Remain Broad-Based; Rates Stay Steady Ahead of Potential Volatility; Mortgage Credit Tightens as REO Programs Adapt to Supply

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30 Year Fixed
4.04%   -0.02
15 Year Fixed
3.22%   -0.03
10YR Treasury
2.34%   -0.0090
FNMA 30YR 3.5
103.27   0.00
FNMA 15YR 2.5
103.64   +0.03
Tuesday November 4, 2014
MND NewsWire - 12:33PM
Home prices fell slightly in September compared to the previous month CoreLogic said on Tuesday, but continued to increase on a year-over-year basis . The company's Home Price Index ...
Mortgage Rate Watch - 3:26PM
Mortgage rates recovered somewhat after moving to the highest levels in nearly a month yesterday. That sounds more dramatic than it is considering the exceptionally slow and steady ...
MND NewsWire - 12:26PM
The Mortgage Bankers Association (MBA) said on Tuesday that an anomaly was likely responsible for the slight downward shift in mortgage credit available in October. MBA's Mortgage Credit ...
MBS Commentary - 7:43AM
I haven't mentioned mid-term elections until today, which is a pretty fair deal considering their potential market impact. It may even be giving them too much credit, but alas, not ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.04% -0.02
15 Yr FRM 3.22% -0.03
FHA 30 Year Fixed 3.60% +0.00
Jumbo 30 Year Fixed 3.94% -0.02
5/1 Yr ARM 3.25% +0.00
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 3.47% 1.11 +0.02
30 Yr. Fixed 4.33% 1.33 -0.01
MBA **
30 Yr. Fixed 4.20% 0.17 -0.10
15 Yr. Fixed 3.41% 0.28 -0.07
30 Yr. Jumbo 4.14% 0.10 -0.07
30 Yr. FHA 3.90% 0.08 -0.10
5/1 ARM 3.05% 0.38 -0.15
Freddie Mac **
30 Yr. Fixed 3.98% 0.50 +0.06
15 Yr. Fixed 3.13% 0.50 +0.05
1 Yr. ARM 2.43% 0.40 +0.02
5/1 Yr. ARM 2.94% 0.50 +0.03
* 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 99.86 0.00
30YR FNMA 3.5 103.27 0.00
30YR GNMA 3.0 101.69 -0.05
30YR GNMA 3.5 104.31 -0.03
15YR FNMA 3.0 103.64 +0.03
15YR FNMA 2.5 101.33 -0.03
Treasuries
Yield Change
2 YR 0.5175% +0.0042
5 YR 1.6277% -0.0016
10 YR 2.3353% -0.0090
30 YR 3.0486% -0.0160
Prices as of: 11/4/2014 4:32PM EST
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
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Monday, November 3, 2014

Daily Newsletter: Mortgage Rates Approaching 1 Month Highs; First Time Home-Buying Lowest Since 1987; Private Residential Construction Held Firm in September

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30 Year Fixed
4.06%   +0.03
15 Year Fixed
3.25%   +0.04
10YR Treasury
2.34%   +0.0126
FNMA 30YR 3.5
103.27   -0.11
FNMA 15YR 2.5
103.61   -0.09
Monday November 3, 2014
Mortgage Rate Watch - 4:15PM
Mortgage rates continued higher today, edging up to their worst levels in nearly a month. The most prevalently-quoted conforming 30yr fixed rate for top tier borrowers is currently ...
MND NewsWire - 12:20PM
The downward-drifting participation of first-time homebuyers over the last few years has brought their share of the home buying market to its lowest point in nearly three decades the ...
MND NewsWire - 1:50PM
U.S. construction spending eased back slightly in September, to a seasonally adjusted annual rate of $950.92 billion. The U.S. Census Bureau reported that this was down 0.4 percent ...
MBS Commentary - 12:12PM
The overnight session got off to a slow start for US bond markets as Japan was out on holiday. This is important not only because overnight Treasury trading relies on Tokyo being open ...
MND NewsWire - 10:34AM
"Great article! Not quite what I was expecting to hear, but boomers are a special breed (me being one). Good to know I will be able to sell my ranch on an acre to a fellow boomer, when I put my plan into effect!..."
Today's Rates
Best Execution
Rate Change
30 Yr FRM 4.06% +0.03
15 Yr FRM 3.25% +0.04
FHA 30 Year Fixed 3.60% +0.10
Jumbo 30 Year Fixed 3.96% +0.04
5/1 Yr ARM 3.25% +0.00
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 3.47% 1.11 +0.02
30 Yr. Fixed 4.33% 1.33 -0.01
MBA **
30 Yr. Fixed 4.20% 0.17 -0.10
15 Yr. Fixed 3.41% 0.28 -0.07
30 Yr. Jumbo 4.14% 0.10 -0.07
30 Yr. FHA 3.90% 0.08 -0.10
5/1 ARM 3.05% 0.38 -0.15
Freddie Mac **
30 Yr. Fixed 3.98% 0.50 +0.06
15 Yr. Fixed 3.13% 0.50 +0.05
1 Yr. ARM 2.43% 0.40 +0.02
5/1 Yr. ARM 2.94% 0.50 +0.03
* 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 99.86 -0.14
30YR FNMA 3.5 103.27 -0.11
30YR GNMA 3.0 101.73 -0.22
30YR GNMA 3.5 104.34 -0.06
15YR FNMA 3.0 103.61 -0.09
15YR FNMA 2.5 101.36 -0.11
Treasuries
Yield Change
2 YR 0.5133% +0.0159
5 YR 1.6293% +0.0214
10 YR 2.3443% +0.0126
30 YR 3.0646% +0.0016
Prices as of: 11/3/2014 4:30PM EST
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
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