It was nice while it lasted, but the long run of historically low mortgage rates is clearly coming to an end. This month Freddie Mac's Outlook looks back at where rates have been, where they are going, and what the effect might be on home buyers, homeowners, lenders, builders, and real estate agents. The authors, Doug McManus, Freddie Mac Quantitative Analytics Director and Elias Yannopoulos, Quantitative Analytics Senior, also look at what may drive rates going forward and present some scenarios for the future. Rock bottom interest rates weren't always the norm. Older Baby Boomers were buying their first homes in a very different environment. In 1981 rates topped 18 percent , having soared there from 8 percent over a four-year period. Freddie Mac says that was the most dramatic increase in

February 26, 2018 Download our Mobile App: Download our Mobile App: Housing News Rising Rates: Who Will Be Hit and How Hard? It was nice while it lasted, but the long run of historically low mortgage rates is clearly coming to an end. This month Freddie Mac's Outlook looks back at where rates have been, where they are going, and what the effect might be on home buyers, hom... (read more) Housing News Despite Gains in Midwest, New Home Sales Down 7.8% New home sales fell again in January, although not quite as sharply as in December . Stalling sales in recent months has now dragged the annual rate below that of a year earlier. The U.S. Census Bureau and the Department of Housing and Urban Developm... (read more) Rob Chrisman Servicing Package Offered; Upcoming Events and Sales Workshops As local, state, and national organizations plunge into another year’s worth of conferences, there is some good news for those that imbibe in adult beverages. According to this research , alcohol trumps exercise for living past the age of 90 . ... (read more) MBS Commentary MBS Live Day Ahead: Secret Bond Market Playbook For Feb/March Handoff Today's first chart is really uncanny--well, perhaps if you're some sort of technical analysis nerd, or just some guy named Matt who writes about technical analysis sometimes.  We can stop short of uncanny and simply say it's fairly interesting.... (read more) Mortgage Rate Watch Best Week of 2018 For Rates (Not Quite as Cool as it Sounds) Mortgage rates fell again for the second straight day--something that has only happened a few other times so far this year. On an even brighter note, this was the first week of 2018 where the average lender ended the week offering rates that were at ... (read more) MBS Commentary MBS Live Recap: Best Day of Gains Since Early Feb Stock Sell-Off Early in the month (Feb 5th), bonds had their best day of the year as they soaked up a mere fraction of the cash that was fleeing from equities markets and looking for a safe haven.  There was no such rout in stocks today, but bonds managed to p... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.73% +0.06% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.73% +0.06 0.00 15 Yr. Fixed 5.97% +0.06 0.00 30 Yr. FHA 6.25% +0.06 0.00 30 Yr. Jumbo 6.84% +0.04 0.00 7/6 SOFR ARM 6.33% +0.04 0.00 30 Yr. VA 6.26% +0.06 0.00 Updates Daily - Last Update: 7/2 15 Yr. Fixed Rate 5.97% +0.06% Rate Change Points Freddie Mac 30 Yr. Fixed 6.77% -0.04 0.00 15 Yr. Fixed 5.89% -0.07 0.00 Updates Weekly - Last Update: 6/26 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 99.70 -0.15 Price / Yield Change MBS UMBS 5.5 99.72 -0.13 UMBS 6.0 101.46 -0.11 GNMA 5.5 99.89 -0.07 GNMA 6.0 101.19 -0.22 Pricing as of: 7/3 10:51AM EST 10 Year US Treasury 4.3314 +0.0516 Price / Yield Change US Treasury 2 YR Treasury 3.878 +0.090 5 YR Treasury 3.930 +0.063 7 YR Treasury 4.116 +0.059 10 YR Treasury 4.333 +0.053 30 YR Treasury 4.848 +0.039 Pricing as of: 7/3 10:51AM EST Latest Video Fed's Quarles: Sees optimism in economy and upside risks to growth New home sales down 7.8% in January Markets have a misread on rising rates: Golub Around the Web Bloomberg Powell Heads to Congress With Fed Facing Riskier Post-Yellen World Calculated Risk Blog Housing Inventory Tracking CNBC Fed's Quarles says it's been 'quite some time' since the economy looked this good Federal Reserve Quarles, An Assessment of the U.S. Economy Freddie Mac Freddie Mac Prices $981 Million Multifamily K-Deal, K-073 Bloomberg Fenton: Expect High, Stable Levels of Volatility in 2018 Calculated Risk Blog A few Comments on January New Home Sales PR Newswire Redfin Survey: 35% of Recent Homebuyers Bid on a Home Before Seeing it in Person Reuters Fed's Bullard says 'substantially' higher rates risk overly tight policy Calculated Risk Blog Chicago Fed "Index Points to Little Change in Economic Growth in January" Reuters Stock futures rise as Powell takes center stage Washington Post How the new tax law might affect home buyers who are retired CNBC Surging bond yields to pinch home owners and retirees

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