Daily Newsletter: Mortgage Rates Slightly Lower; Volatility Ahead; Seasonally-Adjusted Home Prices Down in May

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

30 Year Fixed 4.18%   -0.02 15 Year Fixed 3.32%   -0.01 10YR Treasury 2.46%   -0.0270 FNMA 30YR 3.5 102.52   +0.16 FNMA 15YR 2.5 103.41   +0.03 View Today's Rates

Tuesday July 29, 2014 Mortgage Rate Watch - 4:05PM Mortgage Rates Slightly Lower; Volatility Ahead Mortgage rates were slightly lower today, holding inside a low and narrow range that's been intact for nearly 2 weeks. The movement was small enough that some lenders are unchanged ... MND NewsWire - 11:47AM Seasonally-Adjusted Home Prices Declined in May Home price gains continued to slow in May, posting smaller annual increases than In April the S&P Dow Jones Indices said today. The Indices' Case-Shiller 10-City Composite Index ... Pipeline Press - 11:19AM New Products; Regions Bank's Cuts; PHH, NationStar in the News; Radian/NAREB Partnership My plan has always been pretty simple with my children: feed and clothe them in a loving home, make sure they get a college education followed by a good job, then at some point, send ... MBS Commentary - 7:42AM MBS Day Ahead: Last Day of Tame Data Before Things Get Serious Yesterday proved to be anything but serious based on the narrow trading range. 10yr yields only used up half of the range they'd carved out on Friday and MBS, even less than that. With ... CFPB Seeks to Modify HMDA Data Collection; Raises Privacy Concerns Zillow to Acquire Trulia; both Companies to Maintain Course Latest Video Why are rates moving so low? Robert Shiller: New anxieties at work Gauging nation's housing market More News from 'Around the Web' freddiemac.mwnewsroom.com - 4:44PM Freddie Mac 2014 Second Quarter Refinance Report CFPB - 4:44PM We've extended the comment period for our complaint narrative policy CNBC - 4:04PM Fed exit will end badly: Economist CNBC - 4:03PM US to sanction additional Russian banks WSJ - 3:04PM Russia Risk Propels Europe Bonds to Record Highs WSJ - 2:35PM Forward Guidance: What to Watch at This Week's Fed Meeting Market Watch - 1:28PM Treasurys extend gains after strong 5-year auction Calculated Risk Blog - 12:05PM House Prices: Real Prices and Price-to-Rent Ratio decline in May CNBC - 10:59AM US confidence soars to highest in nearly 7 years Reuters - 10:56AM U.S. homeownership rate falls to 19-year low in second quarter WSJ - 10:56AM Housing Slowdown? The Case-Shiller Index in Five Charts CNBC - 10:55AM European bond bulls run wild as yields plunge www.bloombergview.com - 9:32AM If You Can't Lose,You're a Loser CNBC - 9:25AM Why Trulia deal won't fix Zillow's stock for long CNBC - 9:25AM Home prices rise at slowest pace since Feb 2013 Bloomberg - 8:49AM Million-Dollar US Housing Loans Surge to Record Level - Bloomberg www.cfpbmonitor.com - 8:49AM Update on certiorari petition in Texas FHA case Today's Comments MBS Live Chat - 3:50PM "RTRS - U.S. SELLS $35 BLN 5-YEAR NOTES AT HIGH YIELD 1.720 PCT, AWARDS 28.92 PCT OF BIDS AT HIGH..." MBS Live Chat - 3:50PM "RTRS- U.S. 5-YEAR NOTES BID-TO-COVER RATIO 2.81, NON-COMP BIDS $50.47 MLN..." MBS Live Chat - 3:50PM "A- at least..." MBS Live Chat - 3:51PM "what would happen if Russia starts dumping treasuries in retaliation? Significant or de minimus..." MBS Live Chat - 3:51PM "someone else would be happy to buy them..." MBS Live Chat - 4:05PM "Russia has already sold some...had 150b in Oct of 2013, now only 111b..." MBS Live Chat - 4:06PM "http://mndne.ws/1nA8Yfl..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% -0.02 15 Yr FRM 3.32% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% -0.02 5/1 Yr ARM 3.22% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.32% 0.16 +0.04 15 Yr. Fixed 3.40% 0.22 -0.02 30 Yr. Jumbo 4.24% 0.16 -0.02 30 Yr. FHA 4.02% -0.03 +0.03 5/1 ARM 3.40% 0.22 -0.02 Freddie Mac ** 30 Yr. Fixed 4.13% 0.60 +0.00 15 Yr. Fixed 3.26% 0.60 +0.03 1 Yr. ARM 2.39% 0.40 +0.00 5/1 Yr. ARM 2.99% 0.50 +0.02 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 98.72 +0.19 30YR FNMA 3.5 102.52 +0.16 30YR GNMA 3.0 100.67 +0.19 30YR GNMA 3.5 103.48 +0.16 15YR FNMA 3.0 103.41 +0.03 15YR FNMA 2.5 101.08 +0.06 Treasuries Yield Change 2 YR 0.5472% +0.0431 5 YR 1.6881% -0.0166 10 YR 2.4601% -0.0270 30 YR 3.2264% -0.0274 Prices as of: 7/29/2014 4:30PM 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. © 2014 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: Zillow to Acquire Trulia; both Maintain Course; CFPB's HMDA Changes; Pending Sales Decline; Mortgage Rates Unchanged

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

30 Year Fixed 4.20%   +0.01 15 Year Fixed 3.33%   +0.01 10YR Treasury 2.49%   +0.0216 FNMA 30YR 3.5 102.36   -0.05 FNMA 15YR 2.5 103.38   -0.02 View Today's Rates

Monday July 28, 2014 MND NewsWire - 11:13AM Zillow to Acquire Trulia; both Companies to Maintain Course Zillow, the Seattle based company which started out in the mid-2000s as a website where one could check on one's own and one's neighbor's property values and has grown to a large on ... MND NewsWire - 2:54PM CFPB Seeks to Modify HMDA Data Collection; Raises Privacy Concerns Public comments are being requested a a new proposed rule for collecting data under the Home Mortgage Disclosure Act (HMDA). The Consumer Financial Protection Bureau (CFPB) said the ... MND NewsWire - 10:40AM Pending Sales Down but Holding above "Normal" Mark Pending home sales declined modestly in June after three months of what the National Association of Realtors® (NAR) called "solid gains." NAR's Pending Home Sales Index (PHSI) declined ... Mortgage Rate Watch - 3:30PM Mortgage Rates Unchanged to Start Important Week Mortgage rates didn't move much to start the week, with a nearly equal number of lenders moving both higher and lower. On average, rates were just barely higher. Even then, the actual ... MBS Day Ahead: Tons of Potential Volatility with GDP, Fed Announcement, and Jobs Report RESPA-TILA Update; HMDA Changes in the Wind; FinCen SAR Stats; New IM System for Banks? Home Prices up Again in May Black Knight says Latest Video Big data week ahead Role of Trulia in Zillow's story Zillow-Trulia bear More News from 'Around the Web' www.cfpbmonitor.com - 4:57PM Director Cordray to testify at July 30 House hearing on alleged CFPB employee discrimination CNBC - 4:57PM Why the Fed could start raising rates sooner Bloomberg - 4:56PM Fannie Overseer Said to Plan Report on Single Bond Sales - Bloomberg Washington Post - 2:49PM Wonkblog: How a Boston group helps keep troubled borrowers in their homes — a model to fight blight? WSJ - 2:49PM Is the Private Mortgage-Bond Market Dead or Dormant? Market Watch - 1:43PM Treasury sells 2-year notes at highest yield since 2011 CNBC - 1:43PM Fed up? Yellen facing challenges from within www.cfpbmonitor.com - 1:43PM Consumer stories: CFPB birthday presents? Washington Post - 12:28PM Zillow wants to make online real estate listings more like online dating Reuters - 12:28PM Consumer spending, inventories seen lifting U.S. second-quarter GDP CNN - 11:12AM Investors help the rich pay off student loans CNBC - 10:38AM US pending home sales unexpectedly fall in June www.lpsvcs.com - 10:34AM Black Knight Home Price Index Report: May 2014 Transactions www.freddiemac.com - 8:45AM Ripe for HARP CNBC - 8:45AM US Treasury yield curve flattens; Fed eyed Bloomberg - 8:45AM Zillow Buys Trulia for $3.5 Billion in Stock - Bloomberg Today's Comments MBS Live Chat - 2:56PM "Our DU shows this: If the borrower is being qualified with the entire payment, without the benefit of rental income, Form 1007 is not required...." MBS Live Chat - 2:57PM "FHA is 6% - So if Realtor get 4% from the builder, they could pay all 4%, in theory?..." MBS Live Chat - 2:57PM "We are not using rental income, so the UW says we need to get a LOX from the appraiser as to the market rental conditions??..." MBS Live Chat - 3:02PM "Seems a bit above and beyond, Chip...." MBS Live Chat - 3:04PM "DU specifies that market rent must be reported, even if not using rent to qualify...." MBS Live Chat - 3:07PM "For example: 17 Calculate and document the net cash flow on the subject property according to the Fannie Mae Selling Guide. If the borrower is being qualified with the entire payment, without benefit of rental income, rental income documentation for the subject property is not required for qualifying..." MBS Live Chat - 3:20PM "anyone floating?..." MBS Live Chat - 3:28PM "I am locking..." MBS Live Chat - 3:29PM "my opinion, everyone should before data starts on Wed..." MBS Live Chat - 3:29PM "lots of potential movement...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.20% +0.01 15 Yr FRM 3.33% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.04% +0.01 5/1 Yr ARM 3.23% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.32% 0.16 +0.04 15 Yr. Fixed 3.40% 0.22 -0.02 30 Yr. Jumbo 4.24% 0.16 -0.02 30 Yr. FHA 4.02% -0.03 +0.03 5/1 ARM 3.40% 0.22 -0.02 Freddie Mac ** 30 Yr. Fixed 4.13% 0.60 +0.00 15 Yr. Fixed 3.26% 0.60 +0.03 1 Yr. ARM 2.39% 0.40 +0.00 5/1 Yr. ARM 2.99% 0.50 +0.02 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 98.53 -0.06 30YR FNMA 3.5 102.36 -0.05 30YR GNMA 3.0 100.48 -0.09 30YR GNMA 3.5 103.33 -0.03 15YR FNMA 3.0 103.38 -0.02 15YR FNMA 2.5 101.02 -0.08 Treasuries Yield Change 2 YR 0.5041% +0.0123 5 YR 1.7047% +0.0300 10 YR 2.4871% +0.0216 30 YR 3.2538% +0.0169 Prices as of: 7/28/2014 4:27PM 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. © 2014 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.