Americans may still feel it is a good time so sell a home and a so-so one for home purchases, but, in June at least, they were feeling a little edgy about their job security. Fannie Mae says its Home Purchase Sentiment Index, a measure based on results from the National Housing Survey (NHS), declined last month from new survey highs reached in April and May. The Index was down 1.6 points to 90.7 in June , the drop attributed to four of the six components that go into its calculation. The Index is 2.4 points higher than in June 2017. The net share of survey respondents who said that now is a good time to buy a home was unchanged from May at 28 percent, well below the February 2017 high of 51 percent. The net is the percentage of positive responses minus negative ones. Fifty-nine percent of respondents

July 9, 2018 Download our Mobile App: Download our Mobile App: Housing News Housing Sentiment Still Optimistic, but Losing Momentum Americans may still feel it is a good time so sell a home and a so-so one for home purchases, but, in June at least, they were feeling a little edgy about their job security. Fannie Mae says its Home Purchase Sentiment Index, a measure based on resul... (read more) Rob Chrisman Events and Webinars for Lenders; BFCP/CFPB Updates - Lawsuit Dropped As a loan officer, how would you like the borrower’s first contact to be with your CEO or head of mortgage? A Wells borrower is greeted by Michael DeVito, Freedom by Stan Middleman, Quicken by Dan Gilbert, and so on? Or, least, an avatar of the... (read more) MBS Commentary MBS Live Week Ahead: Jobs? Sure, But How About Inflation? Last week was was a bit lacking in terms of trading days due to the holiday market closure, but it made up for that with bigger-ticket data and events on Friday.  This week is a bit lacking in terms of scheduled economic data, but it will make... (read more) Mortgage Rate Watch Mortgage Rates Breathe Sigh of Relief Mortgage rates finally fell today--something that's proven elusive since roughly June 15th. Incidentally, that's when financial markets began bracing for the impact of the tariffs that were made official today. In this case, "bracing for impact" mean... (read more) Housing News Headship Rates Indicate 2.4M Missing Millennial Households Recently the National Association of Home Builders (NAHB) released a study, based on census data, showing an increasing percentage of young adults, about a third of those in the Millennial generation, living with parents, other relatives, or with unr... (read more) MBS Commentary MBS Live Recap: First Shot of Trade War Fired by Looney Tunes Gun Bonds and mostly stocks were braced for something fairly austere heading into this morning's hard launch of new tariffs.  This accounted for a clearly-defined consolidation in stock prices beginning in late June and running through yesterday.&... (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 6.0 100.51 -0.05 GNMA 5.5 99.49 -0.08 GNMA 6.0 100.65 -0.06 Pricing as of: 11/14 11:30PM 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 11:30PM EST Latest Video More homeowners leaving home equity untapped Stocks extend rally amid trade fears and Fed concerns Resignations indicate that the EU will still have control over the British ... Around the Web Reuters Wall Street gains; investors expect strong earnings NAR - Realtor.com No Savings? No Problem. These Companies Are Helping Home Buyers With Down Payments CNBC Homeowners are sitting on a record amount of cash and not tapping it NAHB Eye on Housing Time Needed to Build a Single-Family Home in 2017 ecb.europa.eu Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament Calculated Risk Blog Oil Rigs: "A rebound after last week's fall" NAHB Eye on Housing Housing Share of GDP: First Quarter 2018 CNBC What rate spike? One group of stocks is signaling lower bond yields Reuters Japan a big seller of German, U.S. bonds in May Bloomberg Central Banks Are Ramping Up Their Risk Taking CNBC Sea of red in the Treasury market may signal the bond-buying boom is over CNBC San Francisco house prices explode in the first half of 2018 as tech boom shows no signs of slowing Brookings Institution Hutchins Roundup: Low term spreads, rising markups, and more

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