The quarterly report from the Mortgage Bankers Association (MBA) based on its National Delinquency Survey seems like old times. MBA reports that most, if not all, of its performance data is back to pre-crisis levels. The mortgage delinquency rate, for example, was at its lowest since the second quarter of 2000 , 4.24 percent. That reflected a 47-basis point (bp) reduction since the first quarter and was 42 bps lower than a year earlier. Delinquencies retreated across all loan types during the quarter, and within those types were several even more impressive historic markers. VA delinquencies were at their lowest level since 1979 (3.90 percent) and the last time the FHA rate had been lower than 7.94 percent was in 1996. The Conventional rate posted its best number, 3.47 percent, since 2005.

August 24, 2017 Download our Mobile App: Download our Mobile App: Housing News MBA Delinquency Data Setting Post-Crisis Records The quarterly report from the Mortgage Bankers Association (MBA) based on its National Delinquency Survey seems like old times. MBA reports that most, if not all, of its performance data is back to pre-crisis levels. The mortgage delinquency rate, fo... (read more) Mortgage Rate Watch Mortgage Rates Sharply Sideways Mortgage rates haven't moved much at all recently. While that leaves us little to talk about if we're examining rate changes on a daily basis, it's a fair trade when the lack of movement is keeping rates in line with the best levels since November 20... (read more) Housing News Existing Home Sales Hit 2017 Lows Sales of existing homes, like those for newly constructed ones, performed poorly in July. The National Association of Realtors® (NAR) said today that those sales of existing single-family houses, townhouses, condos, and cooperative apartments sli... (read more) Rob Chrisman Lender Arrests; State-Level Lending Law Changes Take your pick. A second home can mean endless headaches, unexpected costs, and shattered plans. On the other hand, a vacation home might mean a great time, something you can pass down to your kids, and, at this time of year, perhaps, prices for plac... (read more) Housing News Foreclosure Inventory Finally Breaks 10-Year Low It is hard to believe that it has taken more than a decade , but Black Knight Financial Services says the foreclosure inventory, after a 12,000-property decline in July, has finally fallen below 400,000. The last time the number of homes in some proc... (read more) MBS Commentary MBS Live Recap: Bonds Pretend Not to Care About Jackson Hole Bond markets have been generally rallying since early July.  The apparent inspiration for that rally was the sell-off that preceded it.  That weakness was driven by several comments from European Central Bank (ECB) President Mario Dr... (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 98.98 +0.05 Price / Yield Change MBS UMBS 5.5 99.00 +0.07 UMBS 6.0 100.65 +0.09 GNMA 5.5 99.63 +0.06 GNMA 6.0 100.76 +0.04 Pricing as of: 11/15 8:04AM EST 10 Year US Treasury 4.4365 -0.0023 Price / Yield Change US Treasury 2 YR Treasury 4.311 -0.039 5 YR Treasury 4.303 -0.023 7 YR Treasury 4.369 -0.018 10 YR Treasury 4.431 -0.008 30 YR Treasury 4.592 +0.009 Pricing as of: 11/15 8:04AM EST Latest Video There are no more low-priced homes Santelli Exchange: The redeployment of global capital Dallas Fed President Robert Kaplan: We will monitor government shutdown ver... Around the Web consumerfinancemonitor.com CFPB releases state-level data on student debt impact on older borrowers NAR - Realtor.com The New Gated Community: More Land, Fewer Neighbors CNBC A third of luxe real estate deals involve 'suspicious activity' Calculated Risk Blog A Few Comments on July Existing Home Sales Market Watch Fed watchers still fret about policy missteps as Jackson Hole gets under way CNBC Fed Chair Yellen set to deliver what could be historic speech in Jackson Hole Market Watch Fed's Kaplan says a market correction wouldn't necessarily be troubling' Market Watch We could do without investing commentary from the Federal Reserve's Janet Yellen Freddie Mac 30-Year Mortgage Rate Hits 2017 Low Market Watch Fearful of awakening market bears, Yellen and Draghi to tread softly at Jackson Hole CNBC US jobless claims rise slightly as labor market tightens CNBC Fed's George pushes for more rate hikes despite low inflation CNBC Wall Street awaits Janet Yellen and Mario Draghi

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