Mortgage rates moved higher today, despite resilience in underlying bond markets. If you were to ask bonds, they'd vote for rates remaining flat--well, sort of. There is a timing issue that I brought to your attention yesterday where mortgage lenders had yet to adjust for yesterday afternoon's bond market weakness (weaker bonds = higher rates) and were thus more likely to start today with higher rates, all other things being equal. That's exactly what happened. And while it does mean that rates are higher than they were yesterday, we're actually seeing some supportive cues in bond market for the first time all week. Specifically, bonds have held fairly steady today--something they've had a hard time with recently. It's early to say for sure, but this could be the first sign that this week's

September 14, 2017 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates at 3-Week Highs Mortgage rates moved higher today, despite resilience in underlying bond markets. If you were to ask bonds, they'd vote for rates remaining flat--well, sort of. There is a timing issue that I brought to your attention yesterday where mortgage lenders... (read more) Rob Chrisman Jumbo Product, Lender Tax Credits; Disaster Updates Disaster-related news continues to be front-and-center for obvious reasons. HUD announced it will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurric... (read more) MBS Commentary MBS Live Day Ahead: Time for CPI Yesterday morning's chart is just as germane for today, perhaps more so.  It shows how bonds have reacted to CPI data over the past few months.  Although not every instance is a perfect argument for its relevance, it's safe to say that ther... (read more) Mortgage Rate Watch Mortgage Rates Stabilize Despite More Bond Market Weakness Mortgage rates held steady today, and were slightly lower in some cases. That's not entirely logical at first glance because the bonds that dictate mortgage rates suggested the opposite. Considering a 2-day time frame helps us reconcile this paradox.... (read more) Housing News Mortgage Delinquencies Remain Low in June CoreLogic reported on Tuesday that the national mortgage delinquency rate in June was again the lowest in nearly a decade . The company's Loan Performance Insights Report for the month shows 4.5 percent of outstanding mortgages were in some stage of ... (read more) MBS Commentary MBS Live Recap: Trend Remains Unfriendly; Highest Yields in 3 Weeks Treasury yields hit their highest levels in exactly 3 weeks today with little apparent motivation.  Indeed, volumes remained lower than recent averages and movement arrived in line with opening and closing bells for various markets (9:30am NYSE ... (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 -0.08 Price / Yield Change MBS UMBS 5.5 98.85 -0.08 UMBS 6.0 100.50 -0.06 GNMA 5.5 99.48 -0.09 GNMA 6.0 100.64 -0.07 Pricing as of: 11/14 11:59PM EST 10 Year US Treasury 4.4606 +0.0218 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.001 5 YR Treasury 4.341 +0.015 7 YR Treasury 4.403 +0.016 10 YR Treasury 4.461 +0.022 30 YR Treasury 4.613 +0.030 Pricing as of: 11/14 11:59PM EST Latest Video Closing Bell Exchange: Market is 50-50 on December rate hike Equifax tumbles as FTC confirms investigation into breach August CPI rises 0.4% as weekly jobless claims fall to 284,000 Around the Web CNBC Trump 'respects' Yellen but is still deciding her fate Market Watch Fed to take historic leap into the unknown Bloomberg Fear of Whole Foods Disruption Seen as a Real Estate Opportunity Freddie Mac Freddie Mac Prices $110 Million Multifamily K-Deal, K-J16 builderonline.com Flippers Flounder but Fail to Flop CNBC Goldman raises odds of another Fed rate hike this year Reuters U.S. House passes $1.2 trillion measure to fund government Market Watch The Fed: Why the bond market isn't freaking out from the Fed's shift to quantitative tightening Reuters House passes $1.2 trillion bill to fund government feedproxy.google.com Homeownership a Common Interest, Deserves Protection in Tax Reform Debate CNBC High home prices cause house flippers to pull back Market Watch Chance of December rate hike peeks above 50% for first time since July Washington Post Fixed mortgage rates halt their downward march

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