CoreLogic said on Tuesday that home prices rose in October by 0.9 percent compared to September and were 7.0 percent higher than 12 months earlier. These increases are identical to those registered on the company's Home Price Index (HPI) for September. October was the fourth straight month that the HPI had increased by 0.9 percent. Monthly increases have averaged 1.08 percent over the first 10 months of 2017. The annual change for the year-to-date has averaged 6.87 percent. "Single-family residential sales and prices continued to heat up in October," said Dr. Frank Nothaft, chief economist for CoreLogic. "On a year-over-year basis, home prices grew in excess of 6 percent for four consecutive months ending in October, the longest such streak since June 2014. This escalation in home prices reflects

December 5, 2017 Download our Mobile App: Download our Mobile App: Housing News Entry-Level Homes Driving Price Appreciation CoreLogic said on Tuesday that home prices rose in October by 0.9 percent compared to September and were 7.0 percent higher than 12 months earlier. These increases are identical to those registered on the company's Home Price Index (HPI) for Septembe... (read more) Rob Chrisman Freddie and Fannie Changes from Agencies, Investors, and Lenders It’s good to keep things in perspective, and here’s some Tuesday trivia. Today, 2 billion adults around the world remain without a bank account, including my ne’er-do-well cousin. But 62% of the world's adult population has an accou... (read more) MBS Commentary MBS Live Day Ahead: For Bonds, Year-End is Looking Like One Big November A sideways range with higher lows and lower highs... The risk of p eriodic volatility regardless of economic data's suggestion... A certain portion of traders making certain trades simply because they have to hold certain positions through... (read more) Mortgage Rate Watch Mortgage Rates Steady to Higher, Depending on Lender Mortgage rates were distinctly mixed today, with some lenders clearly moving higher while others were effectively unchanged. The deciding factor is both simple and obvious. It has to do with Friday's wild action in the bond market (following the Flyn... (read more) Housing News Tax Bill Housing Impact Worse than You Thought (Maybe) Black Knight, (which has just rebranded itself, dropping "Financial Services from its name), has released an especially meaty Mortgage Monitor for December. Of particular interest following the weekend in which the Senate passed its tax reduction bil... (read more) MBS Commentary MBS Live Recap: Bonds Push Back After Weaker Start on Tax Bill Passage Friday evening brought the passage of the Senate's version of the tax bill.  It now moves to a joint session for "reconciliation" (Senate+House trying to craft a final bill before Christmas).  As noted in the Day Ahead, unless lawmakers opt... (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 99.13 +0.13 Price / Yield Change MBS UMBS 5.5 99.14 +0.13 UMBS 6.0 100.76 +0.14 GNMA 5.5 99.73 +0.07 GNMA 6.0 100.89 +0.07 Pricing as of: 11/14 12:38PM EST 10 Year US Treasury 4.4147 -0.0493 Price / Yield Change US Treasury 2 YR Treasury 4.264 -0.009 5 YR Treasury 4.275 -0.025 7 YR Treasury 4.344 -0.028 10 YR Treasury 4.407 -0.057 30 YR Treasury 4.574 -0.060 Pricing as of: 11/14 12:38PM EST Latest Video Protests erupt on Capitol Hill over tax bill Senate Banking Committee marking up bill to ease bank regulations Trump meets with GOP senators at the White House to talk taxes, trade Around the Web CNBC Trump says GOP tax plan is becoming 'more popular.' It is still deeply unpopular, polls say NAR - Realtor.com The Most Overvalued Housing Markets Aren't the Ones You'd Expect NAR - Realtor.com Cutting Principal Didn't Help Struggling Home Ownersbut Here's What Did wsj.com Want That House? You'd Better Pay in Cash CNBC Blackstone's Schwarzman on tax reform: 'This is a whopper' Freddie Mac Freddie Mac December Insight Calculated Risk Blog Trade Deficit at $48.7 Billion in October CNBC Key Senate panel recommends Jerome Powell for Federal Reserve chair CNBC ISM non-manufacturing index hits 57.4 in November, vs. 59 estimate Gallup Confidence in the U.S. Economy Remains Relatively Strong Bloomberg Bonds Are Telling US Stock Bulls to Temper Their Enthusiasm CNBC US trade deficit rises to 9-month high in October CNBC Final GOP tax bill will likely scrap Obamacare individual mandate, top House tax writer Brady says

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