The third major home price index released January data released on Monday and it became the third to post a deceleration in the rate of price appreciation. Black Knight Financial Services said that prices in January increased from January 2016 by 5.4 percent. Year-over-year increases had averaged of 5.75 percent over the fourth quarter of 2016. From December to January the Black Night Home Price Index (HPI) was up 0.1 percent, the same increase as from November to December, however in each of the previous two months the increase was 0.2 percent and monthly increases averaged 0.52 percent for all of 2016. The January HPI was $266,000 . This was only 0.3 percent below the peak price level reached nationally in June 2006 and is 33.6 percent above the 2012 price trough New York State again led

March 27, 2017 Download our Mobile App: Download our Mobile App: Housing News More Evidence For Decelerating Home Price Gains The third major home price index released January data released on Monday and it became the third to post a deceleration in the rate of price appreciation. Black Knight Financial Services said that prices in January increased from January 2016 by 5.4... (read more) Rob Chrisman Trends in Credit Underwriting - Freddie Addresses Lack of Scores; M&A in the Appraisal Biz This week involves a fair amount of cross-country travel for me (California, Washington DC, Florida, and Utah), and as it turns out Wells Fargo is the first major US bank to roll out card-less ATMs across the country, allowing customers to withdraw m... (read more) MBS Commentary MBS Live Day Ahead: Markets to Congress: That's It? The biggest questions for Monday comes from financial markets and is directed towards politicians in Washington.  Are we done obsessing over the healthcare vote?  Was that a true "postponement," or are you simply moving on?  If the hea... (read more) Mortgage Rate Watch Mortgage Rates in Holding Pattern Until Healthcare Vote While some lenders were slightly better or worse versus yesterday, mortgage rates were unchanged on average today. This isn't much of surprise considering yesterday's much-anticipated healthcare vote never happened. It's rumored to occur this afterno... (read more) MBS Commentary MBS Live Recap: Bonds Fizzle as Week Ends Without Healthcare Vote More than a few bond bulls out there (those are folks who want rates to go lower!) were eager for the vote to take place on the healthcare bill that drew most of the market's attention this week.  They figured one of two things would happen. &... (read more) Housing News 2016 Cash and Distressed Sales Totals Hit Nine-Year Lows The share of homes sold for cash fell to the lowest level in nearly a decade in full-year 2016. CoreLogic said that 32.1 percent of all home sales in the 12-month period ending in December closed without benefit of a mortgage. This was a decrease of ... (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 99.74 +0.10 Price / Yield Change MBS UMBS 5.5 99.74 +0.10 UMBS 6.0 101.53 +0.10 GNMA 5.5 99.94 +0.08 GNMA 6.0 101.43 +0.08 Pricing as of: 7/7 3:35AM EST 10 Year US Treasury 4.3250 -0.0217 Price / Yield Change US Treasury 2 YR Treasury 3.857 -0.026 5 YR Treasury 3.910 -0.027 7 YR Treasury 4.101 -0.023 10 YR Treasury 4.327 -0.020 30 YR Treasury 4.852 -0.012 Pricing as of: 7/7 3:35AM EST Latest Video Pres. Trump signs bills to roll back regulations NAHB CEO: Homebuilding industry has 'high ceiling' for economy Trump's effect on real estate Around the Web Market Watch Dow notches longest losing streak since August 2011 Bloomberg Evans Says Two Fed Hikes in 2017 May Be Right CNBC Fixing housing could bring $300 billion back to US economy, new data show Bloomberg America's Housing Inventory Problem, Explained in Four Charts Calculated Risk Blog Freddie Mac: Mortgage Serious Delinquency rate declines in February, Lowest since June 2008 CNBC 6 secrets to a better credit score NAHB Eye on Housing Homeownership: A County-Level Analysis Fannie Mae Lenders' Economic Optimism Reaches Survey High As Profit ... Calculated Risk Blog Black Knight: House Price Index up 0.1% in January, Up 5.4% year-over-year Market Watch Market Extra: Trump disappointment trade is now in full swing' analysts on global stock selloff Calculated Risk Blog Fed: Q4 Household Debt Service Ratio Very Low CNN Investors yank $8.9 billion from U.S. stocks, most in 9 months Bloomberg The Markets Don't Care About Health Care as Long as They Get Their Tax Cut

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