Wednesday, January 8, 2020

Daily Newsletter: Home Prices Gains, Buyer Sentiment, Mortgage Apps All Picking Up, But So Are Rates

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30 Year Fixed
3.71%   +0.02
15 Year Fixed
3.35%   +0.01
10YR Treasury
1.88%   +0.0647
FNMA 30YR 3.5
102.84   -0.16
FNMA 15YR 2.5
102.58   -0.14
Wednesday January 8, 2020
MND NewsWire - 9:37AM
The pace of home price increases picked up in November, increasing by 3.7 percent on a year-over-year basis, up from 3.5 percent in October . CoreLogic said its Home Price Index (HPI ...
MND NewsWire - 8:17AM
Fannie Mae's Home Purchase Sentiment Index (HPSI) finished out the year with little change from November to December, but with a strong increase over the December 2018 version. Three ...
MND NewsWire - 8:10AM
The Mortgage Banker Association's (MBA's) offices were closed over the two-week holiday period. The data in this week's report on mortgage applications activity is compared with that ...
Mortgage Rate Watch - 3:06PM
Mortgage rates moved higher today after spending several recent days in line with the lowest levels in more than a month. Underlying bond markets have been taking their biggest cues ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.71% +0.02
15 Yr FRM 3.35% +0.01
FHA 30 Year Fixed 3.33% +0.00
Jumbo 30 Year Fixed 3.79% +0.01
5/1 Yr ARM 3.40% +0.02
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 0.00% 0.00 +0.00
30 Yr. Fixed 0.00% 0.00 +0.00
MBA **
30 Yr. Fixed 3.99% 0.33 -0.04
15 Yr. Fixed 3.40% 0.31 -0.03
30 Yr. Jumbo 3.93% 0.28 -0.05
30 Yr. FHA 3.80% 0.32 -0.05
5/1 ARM 3.51% 0.23 +0.11
Freddie Mac **
30 Yr. Fixed 3.72% 0.70 -0.02
15 Yr. Fixed 3.16% 0.70 -0.03
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 3.46% 0.30 +0.01
* 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 3.0 101.48 -0.28
30YR FNMA 3.5 102.84 -0.16
30YR GNMA 3.0 102.52 -0.34
30YR GNMA 3.5 103.53 -0.30
15YR FNMA 3.0 102.58 -0.14
15YR FNMA 2.5 101.02 -0.17
Treasuries
Yield Change
2 YR 1.5846% +0.0462
5 YR 1.6645% +0.1468
10 YR 1.8755% +0.0647
30 YR 2.3625% +0.0846
Prices as of: 1/8/2020 4:47PM 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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Tuesday, January 7, 2020

Daily Newsletter: Are Manufactured Homes the Unlikely Answer to Housing Shortage? Lower Rates Facing Some Resistance

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30 Year Fixed
3.69%   +0.00
15 Year Fixed
3.34%   +0.00
10YR Treasury
1.82%   +0.0105
FNMA 30YR 3.5
102.98   +0.03
FNMA 15YR 2.5
102.70   +0.05
Tuesday January 7, 2020
MND NewsWire - 12:06PM
While housing starts have picked up in recent months, the lack of new construction has been called a crisis by Freddie Mac , state and federal policymakers, and consumer groups, adding ...
Mortgage Rate Watch - 3:40PM
Mortgage rates held steady today, keeping them in line with their lowest levels in more than a month. That's the good news. There's really not any bad news, per se. Rates could remain ...
MBS Commentary - 9:55AM
Heading into the end of 2019, the easiest way to look at the bond market was through the lense of "consolidation." In other words, the trading range had been growing progressively narrower ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.69% +0.00
15 Yr FRM 3.34% +0.00
FHA 30 Year Fixed 3.33% +0.00
Jumbo 30 Year Fixed 3.78% +0.00
5/1 Yr ARM 3.38% -0.01
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 0.00% 0.00 +0.00
30 Yr. Fixed 0.00% 0.00 +0.00
MBA **
30 Yr. Fixed 3.99% 0.33 -0.04
15 Yr. Fixed 3.40% 0.31 -0.03
30 Yr. Jumbo 3.93% 0.28 -0.05
30 Yr. FHA 3.80% 0.32 -0.05
5/1 ARM 3.51% 0.23 +0.11
Freddie Mac **
30 Yr. Fixed 3.72% 0.70 -0.02
15 Yr. Fixed 3.16% 0.70 -0.03
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 3.46% 0.30 +0.01
* 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 3.0 101.73 +0.02
30YR FNMA 3.5 102.98 +0.03
30YR GNMA 3.0 102.83 -0.02
30YR GNMA 3.5 103.81 -0.09
15YR FNMA 3.0 102.70 +0.05
15YR FNMA 2.5 101.17 0.00
Treasuries
Yield Change
2 YR 1.5444% -0.0022
5 YR 1.6172% +0.0098
10 YR 1.8230% +0.0105
30 YR 2.3044% +0.0279
Prices as of: 1/7/2020 4:19PM 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, January 6, 2020

Daily Newsletter: Homebuyer Course Could Help Borrowers Qualify; Rates Move Deeper Into Recent Lows

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30 Year Fixed
3.69%   -0.04
15 Year Fixed
3.34%   -0.03
10YR Treasury
1.81%   +0.0157
FNMA 30YR 3.5
102.95   -0.02
FNMA 15YR 2.5
102.66   +0.06
Monday January 6, 2020
MND NewsWire - 11:28AM
Freddie Mac is announcing it has put a critical homebuyer education course online. The new tutorial, called CreditSmart® Homebuyer U is free and its successful completion satisfies ...
Mortgage Rate Watch - 3:46PM
Mortgage rates moved lower again today, bringing them deeper into the lowest levels in more than a month. There were no specific motivations for the improvement apart from the typical ...
MND NewsWire - 10:11AM
Depending on how you look at it, either Texas and Florida or Nevada and Idaho were the fastest growing states in 2019. Frank Nothaft, CoreLogic's chief economist says that in terms ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.69% -0.04
15 Yr FRM 3.34% -0.03
FHA 30 Year Fixed 3.33% -0.04
Jumbo 30 Year Fixed 3.78% -0.03
5/1 Yr ARM 3.39% -0.03
Average Mortgage Rates
Rate Points Change
FHFA *
15 Yr. Fixed 0.00% 0.00 +0.00
30 Yr. Fixed 0.00% 0.00 +0.00
MBA **
30 Yr. Fixed 3.99% 0.33 -0.04
15 Yr. Fixed 3.40% 0.31 -0.03
30 Yr. Jumbo 3.93% 0.28 -0.05
30 Yr. FHA 3.80% 0.32 -0.05
5/1 ARM 3.51% 0.23 +0.11
Freddie Mac **
30 Yr. Fixed 3.72% 0.70 -0.02
15 Yr. Fixed 3.16% 0.70 -0.03
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 3.46% 0.30 +0.01
* 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 3.0 101.72 0.00
30YR FNMA 3.5 102.95 -0.02
30YR GNMA 3.0 102.84 -0.02
30YR GNMA 3.5 103.91 0.00
15YR FNMA 3.0 102.66 +0.06
15YR FNMA 2.5 101.17 +0.06
Treasuries
Yield Change
2 YR 1.5466% +0.0140
5 YR 1.6074% +0.0423
10 YR 1.8090% +0.0157
30 YR 2.2850% +0.0476
Prices as of: 1/6/2020 5:06PM 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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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.