Tuesday July 12, 2016 Mortgage Rate Watch - 5:01PM Long-Term Rate Lows Fighting For Survival Mortgage rates are on the move, heading noticeably higher after a more subtle increase yesterday. With that, this week now stands as the first major push back against the impressive ... MND NewsWire - 1:10PM Brexit to have Lasting Impact According to Freddie Mac The Brexit decision continues to reverberate and Freddie Mac, in its current issue of Outlook sees it as both a plus and a minus for the U.S., and not necessarily a short-lived one ... MND NewsWire - 2:40PM Foreclosure Inventory Back to 1 Percent CoreLogic reported on Tuesday that the foreclosure inventory, the number of homes in some stage of foreclosure, had dropped to 390,000 in May, representing 1 percent of all mortgaged ... Pipeline Press - 11:54AM Fannie/Freddie Changes in the Primary and Secondary Markets; Jobs and BofA Layoffs Lou Holtz observed, "Never tell your problems to anyone....80% don't care and the other 20% are glad you have them." People who don’t understand economics are often big fans of ... MBS Day Ahead: Bernanke, Japan, Bank of England, and Reflation MBA says Credit Tightened Again in June Latest Video More News from 'Around the Web' CNBC - 2:08PM NYC's ultra-luxury market struggles CNBC - 2:08PM 6 Fed banks wanted 0.25% hike in discount rate in June Bloomberg - 2:08PM Fed's Bullard Says Brexit to Have 'Close to Zero' U.S. Impact - Bloomberg Reuters - 2:08PM U.S. economy likely grew 2.3 percent in second quarter: Atlanta Fed Calculated Risk Blog - 1:07PM When are people with Foreclosures and Short Sales eligible to borrow again? CNBC - 1:07PM Homeowners have $260 billion more to tap freddiemac.mwnewsroom.com - 1:07PM Freddie Mac July 2016 Outlook www.corelogic.com - 8:41AM CoreLogic Reports 38,000 Completed Foreclosures in May 2016 CNBC - 8:41AM America is the Âlast man standing' with positive yields, strategist says CNBC - 8:41AM US Treasurys lower as stock rally pulls investors into risk-on trades Market Watch - 8:41AM Bernanke says Bank of Japan has options to further ease monetary policy CNBC - 8:41AM Big cities where homes are affordable Calculated Risk Blog - 8:41AM NFIB: Small Business Optimism Index increased Again in June Reuters - 8:41AM Financial stability should not become Fed's third mandate: Mester | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.37% | 1.26 | -0.14 | 30 Yr. Fixed | 3.95% | 1.30 | -0.16 |
30 Yr. Fixed | 3.82% | 0.34 | -0.05 | 15 Yr. Fixed | 3.06% | 0.33 | -0.07 | 30 Yr. Jumbo | 3.74% | 0.31 | -0.05 | 30 Yr. FHA | 3.64% | 0.25 | -0.05 | 5/1 ARM | 2.93% | 0.22 | +0.02 |
30 Yr. Fixed | 3.41% | 0.50 | -0.07 | 15 Yr. Fixed | 2.74% | 0.40 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.68% | 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 30YR FNMA 3.0 | 103.81 | -0.25 | 30YR FNMA 3.5 | 105.52 | -0.19 | 30YR GNMA 3.0 | 104.58 | -0.06 | 30YR GNMA 3.5 | 106.22 | -0.03 | 15YR FNMA 3.0 | 104.89 | -0.09 | 15YR FNMA 2.5 | 103.63 | -0.11 |
2 YR | 0.6891% | +0.0321 | 5 YR | 1.0812% | +0.0565 | 10 YR | 1.5049% | +0.0729 | 30 YR | 2.2237% | +0.0823 | Prices as of: 7/12/2016 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 | |