Is there relief in sight for those oft cited, much maligned tight housing inventories? The National Association of Realtors® (NAR) sees a glimmer of hope in the responses it received to a recent survey. The Housing Opportunities and Market Experience (HOME) survey for the second quarter found 71 percent of homeowners think now is a good time to sell , which is up from last quarter (69 percent) and considerably more than a year ago (61 percent). Respondents in the Midwest (76 percent) surpassed the West (72 percent) for the first time this quarter to be the most likely to think now is a good time to sell. NAR says if homeowners act on this sentiment, there might eventually be an increase in real estate listings which have declined year-over-year each month for two straight years. However

June 26, 2017 Download our Mobile App: Download our Mobile App: Housing News Perceived Sellers' Market Could Lead to Inventory Gains Is there relief in sight for those oft cited, much maligned tight housing inventories? The National Association of Realtors® (NAR) sees a glimmer of hope in the responses it received to a recent survey. The Housing Opportunities and Market Experi... (read more) Housing News Falling Demand, Competition, Push Lenders Toward Easing Standards As home buying affordability has declined, it has indirectly moved lenders' apparent willingness to loosen credit standards in the opposite direction. Fannie Mae says its second quarter Mortgage Lender Sentiment Survey shows the net share of lenders ... (read more) Housing News Freddie Singing a Different Tune on Housing/Mortgage Outlook On November 30, 2016 Freddie Mac's economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, was decidedly gloomy . MND's coverage of the forecast elicited a lot of concern from readers, especia... (read more) Housing News Black Knight Home Price Index Hits All-Time High The third major home price indicator of the month was released on Monday and again there was no indication that the rate of appreciation is slowing . Black Knight Financial Services said prices, as measured by its National Home Price Index (HPI) incr... (read more) Rob Chrisman Bank News: Stress Tests, M&A, Values, Underwriting Changes, New Products “Statistics are like bikinis. What they reveal is suggestive but what they conceal is vital.” We’re always watching home sales & construction – but it is debatable whether tearing down a house and building another adds to ... (read more) Mortgage Rate Watch Rates Still Flat at 8-Month Lows Mortgage rates were steady to slightly lower today, depending on the lender. Underlying financial markets continue moving in a narrow range--something that's not uncommon for the first few weeks of the summer. It's that market movement that can resul... (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 98.85 -0.07 Price / Yield Change MBS UMBS 5.5 98.85 -0.08 UMBS 6.0 100.51 -0.06 GNMA 5.5 99.48 -0.09 GNMA 6.0 100.64 -0.07 Pricing as of: 11/14 11:55PM EST 10 Year US Treasury 4.4567 +0.0179 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.001 5 YR Treasury 4.339 +0.013 7 YR Treasury 4.401 +0.014 10 YR Treasury 4.459 +0.020 30 YR Treasury 4.611 +0.028 Pricing as of: 11/14 11:55PM EST Latest Video Is the bond market showing warning signs? Durable goods down 1.1% vs. 0.4% est. The Week Ahead: Housing market in the spotlight Around the Web consumerfinancemonitor.com House member launches fintech lending investigation CNBC Here's the worrisome 'conundrum' taking place in the bond market right now consumerfinancemonitor.com Trade associations voice support for commission to run CFPB HUD HUD and Census Bureau Report New Residential Sales in May 2017 Calculated Risk Blog Freddie Mac: Mortgage Serious Delinquency rate declined in May, Lowest since May 2008 CNBC Art Cashin warns about a 'wild card' remark on a 2008 financial crisis repeat feedproxy.google.com 71 Percent of Homeowners Believe It's a Good Time to Sell; Economic and Financial Confidence Dips: Realtors HOME Survey Calculated Risk Blog Chicago Fed "Index Points to Slower Economic Growth in May" Fannie Mae As Mortgage Demand Cools and Competition Heats Up, More ... Reuters U.S. core capital goods orders, shipments slip in May CNBC Financial conditions another reason to tighten Fed policy: NY Fed's Dudley Bloomberg Stocks Are Ignoring Oil's Bear Market Redfin How to Get a Mortgage Without a Full-Time, Permanent Job

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