It is a bi-annual bonanza of data for anyone in need of facts about housing in America and how people use it. The 2015 edition of the American Housing Survey (AHS), sponsored by the Department of Housing and Urban Development and conducted by the U.S. Census Bureau was released late last Friday. HUD calls the AHS "The most comprehensive survey of its kind ." It covers a variety of "core" housing topics, including the composition and quality of the nation's housing inventory, mortgages and other housing costs, and neighborhood conditions. Information of the physical characteristics of housing are extremely detailed, covering types of housing (69,000 people live on a boat or in an RV or van while 74.65 million of us reside in single family detached units), and their amenities, (number of rooms

January 10, 2017 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.28% -0.01%   6.11% 7.26% 15 Yr. Fixed 5.65% +0.05%   5.54% 6.59% 30 Yr. Jumbo 6.25% +0.00%   6.25% 7.45% Compare Mortgage Rates from Local Lenders for Jan 10, 2017 Mortgage Rates Staying Steady in New, Lower Range Tue, Jan 10, 2017 4:32PM Mortgage rates were slightly higher today, but remain in much better shape overall when compared to the last month of 2016. In many ways, the new year marked a shifting of gears for rates, or rather, the bond traders whose actions dictate the day-to-day movement. After the election, with its explosive consequences for financial markets, bond traders were only thinking one thing: duck and cover! In practice, this simply means that it was easy to convince bond traders to sell (which pushes rates higher) and nearly impossible to convince them to buy (which would help rates recover). In contrast, ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.28% -0.01 0.00 15 Yr. Fixed 5.65% +0.05 0.00 30 Yr. FHA 5.94% -0.01 0.00 30 Yr. Jumbo 6.25% 0.00 0.00 7/6 SOFR ARM 5.62% +0.03 0.00 30 Yr. VA 5.95% -0.02 0.00 Updates Daily - Last Update: 9/8 Freddie Mac Rate Change Points 30 Yr. Fixed 6.50% -0.06 0.00 15 Yr. Fixed 5.60% -0.09 0.00 Updates Weekly - Last Update: 9/4 Mortgage Bankers Assoc. 30 Yr. Fixed 6.64% -0.05 0.59 15 Yr. Fixed 5.84% -0.19 0.84 30 Yr. Jumbo 6.58% -0.09 0.39 Updates Weekly - Last Update: 9/3 UMBS 30YR 5.5 101.17 -0.11   97.47 101.61 UMBS 30YR 6.0 102.48 -0.06   99.66 102.50 10 YR Treasury 4.073 +0.034   3.621 4.780 MBS Live Day Ahead: Auction Cycle Begins; Data Stays Light Tue, Jan 10, 2017 8:47AM One day down and 2 more to go without meaningful economic data.  That didn't stop bonds from having a good day yesterday, but the gains were largely driven by European trading overnight.  Treasuries have been less keen to follow Europe in lock step today, and we've slipped into progressively weaker territory by the open.   10yr yields begi... (read more) MBS Live Recap: Uneventful Gains and a Discussion About "Escape Velocity" Mon, Jan 9, 2017 6:29PM It was almost a wholly uneventful day for bond markets.  If not for the fact that trading levels improved day-over-day, there wouldn't be much to talk about apart from technicals.  For more on the relevant technicals , check out the Day Ah... (read more) MBS Price Change UMBS 5.0 99.55 -0.23 UMBS 5.5 101.16 -0.12 UMBS 6.0 102.47 -0.07 GNMA 5.0 99.90 -0.17 GNMA 5.5 101.13 -0.05 GNMA 6.0 102.06 -0.12 Pricing as of: 9/9 12:01PM EST US Treasury Yield Change 2 YR Treasury 3.533 +0.045 5 YR Treasury 3.600 +0.038 7 YR Treasury 3.804 +0.036 10 YR Treasury 4.076 +0.037 30 YR Treasury 4.727 +0.037 Pricing as of: 9/9 12:01PM EST Other News Everything You Ever Wanted to Know About Housing in 2014-15 Tue, Jan 10, 2017 9:49AM It is a bi-annual bonanza of data for anyone in need of facts about housing in America and how people use it. The 2015 edition of the American Housing Survey (AHS), sponsored by the Department of Housing and Urban Development and conducted by the U.S. Census Bureau was released late last Friday. HUD calls the AHS "The most comprehensive survey of its kind ."... (read more) Foreclosures Approach Normal Level Tue, Jan 10, 2017 9:36AM Foreclosures are, at long last, approaching what CoreLogic says was the level in the pre-crisis environment . The company's November National Foreclosure Report puts the number of foreclosures completed during the month at 26,000, down from 35,000 in November 2015 and only 4,000 more than in a typical month during 2000 to 2006, a difference nearly identical ... (read more) Cybersecurity Training and Other Events; FHA's Premium Cut Helpful for Some; Vendor Updates Tue, Jan 10, 2017 9:17AM What does $1.38 million, uh, I mean $138 thousand, buy you in South Dakota ? (Of course the heating bill is $3,000 a month...) Buying it may be a little easier with the FHA reducing its annual mortgage insurance premium (MIP) by 25 basis points for most new mortgages with a closing/disbursement date on or after January 27, 2017. The training & events jus... (read more) Latest Video Trading Nation: 2.6% the key level? Bill Gross says forget the Dow, watch this number in 2017 Larry Summers: Fixing income inequality Around the Web The Atlantic Can the Flaws in Credit Scoring Be Fixed? CNBC 'Fake news' alert on the 'Great Rotation' from bonds to stocks Reuters Fed will pay $92 billion in profits to U.S. Treasury for 2016 CNBC Richmond Fed President Lacker to retire in October CNBC Job openings in November at 5.5 million, hires and separations little changed PR Newswire Home Value Perception Reverses Course, Gap Between Appraisals and Owner Estimates Widens CNBC Wholesale inventories post biggest rise in 2 years CNBC Bill Gross names the key market number that investors have to watch this year Gallup Americans' Views of Economy Remain Relatively Upbeat builderonline.com Former Newspaper Publisher Charged in $10M Mortgage Fraud Conspiracy Bloomberg Forget 30 Years of Stock and Bond Divergence, Bernstein Says Bloomberg Quicken Loans Founder Accuses DOJ of Shakedown in Mortgage Fight CNBC With recovery 'largely done,' Lockhart says Fed should step aside

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