Lenders appear to be easing the way for lending in areas crucial to the home construction industry. The National Association of Homebuilders said its fourth quarter 2017 survey of builders and developers showed a net easing in conditions for funding acquisition and development of construction sites and for construction of single family homes. The measure of overall AD&C funding on NAHB's tightening index was -15.7, compared to -7.3 in the fourth quarter of 2016 and -7.6 in the third quarter of 2017, indicating that the easing was accelerating rapidly . Individual readings also indicated that an acceleration of easing for both development and construction funding, there was a quarter-over-quarter change of 11 points toward the favorable in development conditions, while conditions for land

March 6, 2018 Download our Mobile App: Download our Mobile App: Rob Chrisman Down Payment and Recruiting Programs; Conforming Changes “Rob, in past decades, near the end of every credit cycle, lenders seem to head back down the credit score scale and seem to be more aggressive with underwriting guidelines. Are you seeing that out there?” Yup – same story, differen... (read more) Housing News Builders Find Loan Standards Easing Lenders appear to be easing the way for lending in areas crucial to the home construction industry. The National Association of Homebuilders said its fourth quarter 2017 survey of builders and developers showed a net easing in conditions for funding ... (read more) MBS Commentary MBS Live Day Ahead: What's a High Enough Rate to Attract Your Money? If you've ever invested or even thought about investing, you likely have a magic number when it comes to the rate of return that would motivate you to pursue an investment.  What if I could guarantee you a 5% fixed rate of return for 20 years?... (read more) Mortgage Rate Watch Mortgage Rates Start Strong, But End The Day Higher Mortgage rates ended higher today, after financial markets reacted to developments in last week's tariff-related news. Last Thursday, stock prices and interest rates fell in response to the tariff announcement because investors figured it ran the ris... (read more) Housing News Black Knight Sees Future Holding Fewer Refinances, More ARMs The refinance pool, homeowners who could benefit from exchanging their old first mortgage lien for a new one, is shrinking fast . Black Knight says, in its March Mortgage Monitor , that the pool declined by 40 percent from the beginning of the year t... (read more) MBS Commentary MBS Live Recap: Bonds Fade With Tariff Talk and Supply Fears Bonds were moderately stronger in the overnight session thanks to European political uncertainty, among other things.  One of those "other things" could simply be the fact that Friday afternoon's weakness was a bit overdone simply because it o... (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 98.86 -0.07 UMBS 6.0 100.52 -0.05 GNMA 5.5 99.49 -0.08 GNMA 6.0 100.65 -0.06 Pricing as of: 11/14 11:33PM EST 10 Year US Treasury 4.4567 +0.0179 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.001 5 YR Treasury 4.337 +0.011 7 YR Treasury 4.399 +0.012 10 YR Treasury 4.455 +0.016 30 YR Treasury 4.607 +0.024 Pricing as of: 11/14 11:33PM EST Latest Video U.S. aluminum industry pens letter to president against tariffs Internal White House battle over tariffs Mnuchin: Tariffs won't apply to Mexico and Canada if NAFTA renegotiations s... Around the Web Reuters Warren vows fight as Senate begins debate on Dodd-Frank rewrite Calculated Risk Blog Population Outlook: Uncertainty Not Just Related to Immigration Assumptions, But Also Death Rates Market Watch These are the Cheapest and Most Expensive Places to Raise a Family in America Calculated Risk Blog Q1 GDP Forecasts CNBC Trump believes economic advisor Cohn will resign if tariffs imposed: Report NAHB Eye on Housing Reasons for Not Moving in 10+ Years Reuters U.S. factory orders post biggest drop in six months CNBC Fed's Kaplan says the market is not appreciating the risk of an oil price spike Calculated Risk Blog CoreLogic: House Prices up 6.6% Year-over-year in January CNBC Fed's Kaplan: Rate hikes necessary as US nears full employment CNBC US Treasury yields slip ahead of key Fed remarks Reuters Stock futures higher on North Korea comments, easing trade war fears The Atlantic Republicans Can't Stop Trump's Trade War

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