Mortgage rates moved higher today, bringing them back into the range that's dominated the second half of the month. That means the average lender is fairly close to the highest rates in more than 2 years, officially seen on December 15th. There hasn't been much movement since then, which is not uncommon during the winter holiday season. As for the contract rates, themselves, 4.375% remains the most prevalent conventional 30yr fixed quote for top tier scenarios. Several lenders still up at 4.5% and a few are down at 4.25%. Barring the unforeseen, lenders will have little incentive to make meaningful adjustments to rates between now and the end of the year, thus decreasing the risk and reward associated with a "lock vs float" decision. Today's Best-Execution Rates 30YR FIXED - 4.375-4.5% FHA

December 27, 2016 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Erase Last Week's Modest Gains Mortgage rates moved higher today, bringing them back into the range that's dominated the second half of the month. That means the average lender is fairly close to the highest rates in more than 2 years, officially seen on December 15th. There hasn'... (read more) MBS Commentary MBS Live Recap: Slowest Full Day of The Year As far as full business days go (those that aren't "early close"), today was by far and away the slowest day of the year for bond markets.  In fact, it may be the slowest day of the year, period, by the time the final volume tallies are in. ... (read more) Housing News Reviving Private-Label MBS: a Heavy but Necessary Lift While securitization of auto loans is about 16 percent higher than it was in 2001 and agency mortgage-backed securities (MBS) are up over 50 percent, the issuance of private-label securities (PLS) , which collapsed in the housing crisis, has not rebo... (read more) Housing News Black Knight HPI Nudges 2006 Peak Black Knight Financial Services wrapped up the October series of national home price reports with its Home Price Index (HPI). It contained numbers nearly identical to those issued earlier in the day for the S&P CoreLogic Case Shiller National Ind... (read more) Housing News Home Prices Set Second Consecutive All-Time High Price gains in October once again accelerated on an annual basis. The S&P CoreLogic Case-Shiller National Index, which covers all nine U.S. census divisions, was up 5.6 percent compared to October 2015. It was the largest increase year-to-date in... (read more) Rob Chrisman CFPB/HMDA/Reg. Z Changes; Big Bank/Lender Underwriting Changes; Upcoming Events How has it been ten years since James Brown passed away? And now George Michael. (I guess no matter how much money you have, or how famous you are...) To keep things in perspective, the yield on the 10-year, 10 years ago, was 4.76%. And 30-year mortg... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.75% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.75% +0.02 0.00 15 Yr. Fixed 5.98% +0.01 0.00 30 Yr. FHA 6.27% +0.02 0.00 30 Yr. Jumbo 6.85% +0.01 0.00 7/6 SOFR ARM 6.32% -0.01 0.00 30 Yr. VA 6.29% +0.03 0.00 Updates Daily - Last Update: 7/3 15 Yr. Fixed Rate 5.98% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.67% -0.10 0.00 15 Yr. Fixed 5.80% -0.09 0.00 Updates Weekly - Last Update: 7/3 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.79% -0.09 0.62 15 Yr. Fixed 6.06% -0.05 0.67 30 Yr. Jumbo 6.78% -0.10 0.40 Updates Weekly - Last Update: 6/26 MBS / Treasuries UMBS 30YR 5.5 99.64 -0.20 Price / Yield Change MBS UMBS 5.5 99.64 -0.20 UMBS 6.0 101.43 -0.13 GNMA 5.5 99.86 -0.11 GNMA 6.0 101.34 -0.06 Pricing as of: 7/6 7:22PM EST 10 Year US Treasury 4.3467 +0.0669 Price / Yield Change US Treasury 2 YR Treasury 3.883 +0.095 5 YR Treasury 3.937 +0.070 7 YR Treasury 4.125 +0.068 10 YR Treasury 4.347 +0.067 30 YR Treasury 4.863 +0.055 Pricing as of: 7/6 7:22PM EST Latest Video Should Fed take it easy with rate hikes? Consumer confidence at 113.7 in Dec. Fiscal policy good recipe for strong US dollar: Pro Around the Web wellsfargo.com Wells Fargo LIFT programs create 2,000 homeowners in 2016 Calculated Risk Blog Real Prices and Price-to-Rent Ratio in October Bloomberg Trump Win Could Usher in Boom for U.S. Housing, Says Shiller Reuters U.S. consumer confidence hits 15-year high in December PR Newswire Black Knight Home Price Index Report: October 2016 Transactions -- U.S. Home Prices Up 0.2 Percent for the Month; Up 5.6 Percent Year-Over-Year Market Watch Treasury yields are headed up in 2017the only question is by how much NAR - Realtor.com 7 Surprising Trends That Could Disrupt the Housing Market in 2017 Calculated Risk Blog A few Comments on November New Home Sales CNBC US consumer sentiment at 98.2 in Dec vs 98.0 reading expected CNBC US new home sales rise to four-month high Bloomberg Barclays Balks at U.S. Demand It Pay Up Over 'Craptacular' Loans CNBC Deutsche Bank and Credit Suisse agree billion-dollar fines with U.S. authorities CNBC Why the Chinese are still snapping up US commercial property

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