Mortgage rates moved lower today as investors sought safe haven from global political risk in the bond market. When investor demand for bonds increases, rates generally fall, all things being equal. Today's improvement was fairly healthy, too. You'd have to go back to January 23rd--exactly 2 weeks ago--to see anything better at the average lender. 4.25% has been the most common conventional 30yr fixed rate on top tier scenarios. While that's still technically true, stronger lenders are increasingly moving down to 4.125% on days like today. Keep in mind that the difference between 4.125% and 4.25% isn't quite as simple as 0.125%. True, the gap between "contract" rates (which governs the monthly payment) at stronger/weaker lenders would be 0.125%, but the gap between "effective" rates (which

February 7, 2017 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Drop to 2-Week Lows Mortgage rates moved lower today as investors sought safe haven from global political risk in the bond market. When investor demand for bonds increases, rates generally fall, all things being equal. Today's improvement was fairly healthy, too. You'd ... (read more) Housing News Price Gains Cool in December, but Over 7% Annually The year ended with home price increases, as measured by CoreLogic's Home Price Index (HPI) dropping below 1 percent on a month-over-month basis for the first time all year. The index, which had averaged 1.3 percent gains over the previous 11 months ... (read more) Housing News Mortgage Credit Availability Up for Fifth Month Increased availability and flexibility in jumbo lending was the principal reason for an increase in the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) in January. An increase in the index indicates a loosening of len... (read more) Rob Chrisman Flagstar Acquiring Stearns Correspondent; Regulatory Executive Order Primer and Perspective Our Census Bureau is at it again. Did you know that 5 million U.S. veterans are living in areas designated as rural between 2011 and 2015 per a new report? Rural veterans had median household incomes more like those of rural non-veterans than urban v... (read more) MBS Commentary MBS Live Day Ahead: Bonds Are Officially in a Positive Short-Term Trend Bonds Are Officially in a Positive Short-Term Trend.  This was also the case heading into mid January, but steady selling following Yellen's speech (Jan 18) shattered the dream of a deeper recovery from post-election highs.  As of Jan 25t... (read more) MBS Commentary MBS Live Recap: Bonds Bounce Back to Finish at Best Levels Today was the sort of day you could ask 10 market pundits about and get 10 different answers as to the source of inspiration.  From a prevalence standpoint, much of the credit for the rally was given to European political headlines, but I susp... (read more) Mortgage Rates 30 Yr. Fixed Rate 7.02% +0.01% Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.02% +0.01 0.00 15 Yr. Fixed 6.37% 0.00 0.00 30 Yr. FHA 6.30% -0.02 0.00 30 Yr. Jumbo 7.20% 0.00 0.00 7/6 SOFR ARM 6.99% +0.04 0.00 30 Yr. VA 6.32% -0.02 0.00 Updates Daily - Last Update: 11/14 15 Yr. Fixed Rate 6.37% +0.00% Rate Change Points Freddie Mac 30 Yr. Fixed 6.78% -0.01 0.00 15 Yr. Fixed 5.99% -0.01 0.00 Updates Weekly - Last Update: 11/14 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.73% +0.21 0.69 15 Yr. Fixed 6.27% +0.29 0.77 30 Yr. Jumbo 6.77% +0.04 0.49 Updates Weekly - Last Update: 10/30 MBS / Treasuries UMBS 30YR 5.5 98.84 -0.16 Price / Yield Change MBS UMBS 5.5 98.89 -0.11 UMBS 6.0 100.58 -0.05 GNMA 5.5 99.55 -0.12 GNMA 6.0 100.69 -0.13 Pricing as of: 11/14 6:00PM EST 10 Year US Treasury 4.4487 -0.0153 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.078 5 YR Treasury 4.326 +0.026 7 YR Treasury 4.385 +0.013 10 YR Treasury 4.438 -0.026 30 YR Treasury 4.588 -0.046 Pricing as of: 11/14 6:00PM EST Latest Video Housing affordability at lowest level in 7 years H-1B visas in jeopardy Futures Now: How low can oil go? Around the Web Market Watch Economic Report: Consumer credit decelerates in December CNBC This is why the bond market is so darn cranky and it could get worse Calculated Risk Blog Las Vegas Real Estate in January: Sales up 13.9% YoY, Inventory down Sharply NAR - Realtor.com Housing Demand May Keep Market Afloat, Even if Rates Rise Bloomberg Kashkari Says Economy Still Needs Low Rates as Inflation Lags CFPB Monitor President Trump issues an executive order on core principles for regulating the financial system Federal Reserve The (Unintended?) Consequences of the Largest Liquidity Injection Ever CNBC A Quiet Giant of Investing Weighs In on Trump CNBC Houses are the least affordable they've been in seven years: Here's why CNBC Monthly jobs openings watched by Yellen were little changed in December CNBC Here are the 25 best places to live in the U.S. in 2017 Bloomberg Bond Bear Market Is Still on Hold as Four Indicators Flash Green Fannie Mae Rosier Economic Sentiment Boosts Housing Attitudes

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