The chant throughout 2018 from housing industry sources was inventory, inventory, inventory - or lack of same. It was blamed first for rising home prices and then for the slow growth in home sales . Fannie Mae's fourth quarter Mortgage Lender Sentiment Survey found that most lenders agree that this was the case. Mark Palim, Fannie Mae's Vice President and Deputy Chief Economist, writes in the company's Perspectives blog that nearly half of lenders responding to the survey named a n insufficient supply of homes available for sale as the top reason behind the slow growth in sales last year. Twice as many cited inventory as mentioned the next most popular reason, rising interest rates. The third factor frequently mentioned was high home prices. Only small numbers of lenders attributed the weak

January 31, 2019 Download our Mobile App: Download our Mobile App: Housing News Fannie Mae VP: Lenders Need More Inventory! The chant throughout 2018 from housing industry sources was inventory, inventory, inventory - or lack of same. It was blamed first for rising home prices and then for the slow growth in home sales . Fannie Mae's fourth quarter Mortgage Lender Sentime... (read more) Rob Chrisman Ginnie, Freedom, and loanDepot; Digital Trends Report; Rule 4210 Delayed Again Rumors of a cancelled President’s Club award event in a mortgage division of a bank in the Northwest have tongues wagging about acquisition rumors by a larger bank. Certainly 2018 was a year filled with rumors, and 2019 is beginning the same wa... (read more) MBS Commentary MBS Live Day Ahead: With Rates on The Move, How Low Can We Go? There's no question that the Fed was surprisingly dovish yesterday--even among those who were expecting a dovish shift.  But there is a question as to what moved markets in the wake of the Fed.  Specifically, are we dealing with the Fed's s... (read more) Housing News November New Home Sales - Worth the Wait New home sales exploded in November, rising 16.9 percent from October's dismal performance to a seasonally adjusted annual rate of 657,000 units. The report from the U.S Census Bureau and the Department of Housing and Urban Development, delayed by ov... (read more) Mortgage Rate Watch Mortgage Rates Fall to 3-Week Lows After Fed Mortgage rates fell moderately today, largely in response to the Federal Reserve's policy announcement. The Fed is in charge of setting a key short-term rate that impacts the entire financial market by varying degrees. The Fed does NOT set fixed mort... (read more) MBS Commentary MBS Live Recap: The Most Exciting Mid-Sized Bond Rally Ever! Today's Fed Announcement was the first scheduled big-ticket market mover of the year since the NFP report on January 4th.  With the government shutdown depriving us of data, and several other factors contributing to a sideways grind over th... (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 6.88% +0.04 0.63 15 Yr. Fixed 6.11% -0.03 0.74 30 Yr. Jumbo 6.88% +0.07 0.60 Updates Weekly - Last Update: 6/25 MBS / Treasuries UMBS 30YR 5.5 99.65 -0.20 Price / Yield Change MBS UMBS 5.5 99.65 -0.19 UMBS 6.0 101.42 -0.15 GNMA 5.5 99.88 -0.09 GNMA 6.0 101.17 -0.24 Pricing as of: 7/3 10:00AM EST 10 Year US Treasury 4.3369 +0.0571 Price / Yield Change US Treasury 2 YR Treasury 3.877 +0.089 5 YR Treasury 3.934 +0.067 7 YR Treasury 4.116 +0.059 10 YR Treasury 4.328 +0.048 30 YR Treasury 4.841 +0.032 Pricing as of: 7/3 10:00AM EST Latest Video 2018 new home sales end weaker The Fed won't raise rates for at least the next six months, says expert Investors wonder if the Fed is done with rate hikes or simply pausing Around the Web CNBC The Fed is on hold for now, but some in the market are still bracing for more hikes Reuters Trump wants 'very big' U.S.-China trade deal, hints at delays CNBC The 15 most difficult places to buy a home in the US NAHB Eye on Housing Student Loans Crowding Out Home Purchases Calculated Risk Blog A few Comments on November New Home Sales consumerfinancemonitor.com CFPB publishes final rules on civil penalty adjustments and allowable charges for FCRA disclosures NAHB Eye on Housing 55+ Housing Market Ends Fourth Quarter on a Positive Note CNBC Ex-Atlanta Fed chief throws cold water on the notion central bankers won't hike rates this year Brookings Institution Nuggets from the Fed's new Financial Stability and Supervision & Regulation reports Calculated Risk Blog Weekly Initial Unemployment Claims increased to 253,000 Bloomberg Fed's Dovish Pivot Flattens Remaining Rate-Hike Expectations NAR - Realtor.com You Won't Believe How Much Home Sellers Pocketed in 2018 CNBC US Treasury yields move lower as Federal Reserve turns more cautious

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.