The superlatives are getting tired - historic, record setting - but they have to come into play again with the March home price gains. A spokesperson for S&P CoreLogic Case-Shiller called the annual gains in those indices the highest in 15 years while the Federal Housing Finance Agency (FHFA) said the growth in its data was more than twice that posted a year earlier. The Case-Shiller National Home Price Index increased at an annual rate of 13.2 percent in March, 1.2 point higher than the annual rate in February. The 10-City Composite Index rose 12.8 percent compared to 11.7 the prior month while the increase in the 20-City Composite was 13.3 percent, up from 12.0 percent. On a month-over-month basis, the National Index rose 1.5 percent on a seasonally adjusted basis and 2.0 percent unadjusted

May 26, 2021 Download our Mobile App: Download our Mobile App: Rob Chrisman MBA, MLO Jobs; Marketing, Customer Service, VA, Retention Tools; FHA and VA Program Shifts Do you think that creativity is waning? Hardly. Some great products and ideas come out of the mundane. Wonder what happens to your unused hotel soap and shampoo ? Do you have a loan product that appeals to multi-generational borrowers or owners, or a... (read more) Housing News Home Price Gains Continue to Break Records The superlatives are getting tired - historic, record setting - but they have to come into play again with the March home price gains. A spokesperson for S&P CoreLogic Case-Shiller called the annual gains in those indices the highest in 15 years ... (read more) Housing News New Home Sales in April Approached1 Million Units, Just Missing Expectations Sales of newly constructed homes gave back some of their March gains last month, declining 5.9 percent to a seasonally adjusted annual rate of 863,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. A surge i... (read more) Mortgage Rates Mortgage Rates Drift Down to 2-Week Lows 30 Yr. Fixed Rate 6.67% -0.05% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.67% -0.05 0.00 15 Yr. Fixed 5.91% -0.05 0.00 30 Yr. FHA 6.20% -0.02 0.00 30 Yr. Jumbo 6.80% -0.04 0.00 7/6 SOFR ARM 6.33% 0.00 0.00 30 Yr. VA 6.22% -0.01 0.00 Updates Daily - Last Update: 6/30 15 Yr. Fixed Rate 5.91% -0.05% 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 MBS Live Recap: Yields Find a Floor Ahead of Month-End and Long Weekend UMBS 30YR 5.5 100.10 +0.03 Price / Yield Change MBS UMBS 5.5 100.11 +0.04 UMBS 6.0 101.75 +0.08 GNMA 5.5 100.17 -0.02 GNMA 6.0 101.56 +0.07 Pricing as of: 7/1 6:44AM EST 10 Year US Treasury 4.1968 -0.0278 Price / Yield Change US Treasury 2 YR Treasury 3.705 -0.010 5 YR Treasury 3.768 -0.036 7 YR Treasury 3.957 -0.033 10 YR Treasury 4.196 -0.029 30 YR Treasury 4.741 -0.035 Pricing as of: 7/1 6:44AM EST Latest Video Small businesses are still fighting for survival, says Intuit CEO Nation's top bank CEOs testify before Congress during contentious hearing The 9am Bond Report - May 26, 2021 Why the U.S. is facing a housing shortage Around the Web Calculated Risk Blog House Prices and Inventory CNBC Kelly Evans: The housing market is insane Calculated Risk Blog Freddie Mac: Mortgage Serious Delinquency Rate decreased in April Calculated Risk Blog New Home Prices NY Fed Statement Regarding Agency Mortgage-Backed Securities SmallValue Exercise CNBC Treasury yields mixed as Fed calms inflation concerns Yahoo News Dovish ECB comments push down euro area yields Calculated Risk Blog May Vehicle Sales Forecast: Supply Issues Pull Down Sales Calculated Risk Blog A few Comments on April New Home Sales CNBC Turkey's Erdogan fires central bank deputy governor in the fourth ousting since March Reuters U.S. Treasury domestic finance nominee pledges to ensure resilient debt market CNBC Treasury yields fall slightly with the 10-year rate at 1.58% Redfin Redfin Survey: One-Third of Millennial Homebuyers Are Using Extra Savings From the Pandemic for Their Down Payment

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