Home prices measured by CoreLogic's Home Price Index (HPI) for January ended a six-month long pattern of accelerating annual gains. The increases also slowed on a month-over-month basis. The company said that nationally prices were up 6.9 percent from January 2016 to January 2017. The HPI had risen by a minimum of 0.1 percent more every month than it had in the preceding month since May, increasing from 5.7 percent that month and posting a 7.2 percent annual gain in December. Home prices increased from December to January by 0.7 percent. Month-over-month appreciation had been at 1.1 percent for each of the previous six months before slipping to an 0.8 percent gain from November to December. "With lean for-sale inventories and low rental vacancy rates, many markets have seen housing prices outpace

March 7, 2017 Download our Mobile App: Download our Mobile App: Housing News Annual Home Prices Gains Back Below 7%; More Contraction Ahead? Home prices measured by CoreLogic's Home Price Index (HPI) for January ended a six-month long pattern of accelerating annual gains. The increases also slowed on a month-over-month basis. The company said that nationally prices were up 6.9 percent fro... (read more) Housing News Confidence Surges in National Housing Survey The February installment of the National Housing Survey (NHS) might have broken a record for breaking records. Fannie Mae says its Home Purchase Sentiment Index (HPSI), based on six components of the survey, increased by 5.6 percentage points from bo... (read more) Rob Chrisman Investor Updates and UW Changes; Lots Going on in Capital Markets Thousands of lenders around the nation, in one form or another, donate to charities. But here’s an interesting twist on that. Todd Potter, SVP & National Sales Manager for Envoy Mortgage, writes, “23 lenders qualified for the Envoy Co... (read more) MBS Commentary MBS Live Day Ahead: Bonds Fight to Hold The Range as Auction Cycle Begins We've been tracking several iterations of a sideways or consolidative range since the initial post-election sell-off bounced back in mid January. We say "post-election" sell-off, but it's really the post-FOMC sell-off. December's highs were... (read more) Housing News Contractors, Equipment Distributors Upbeat Over Construction Outlook Wells Fargo's annual Construction Industry Forecast, based on a survey of construction industry contractors and equipment distributors, reports increased optimism for nonresidential construction activity. Respondents relayed expectations of increased... (read more) MBS Commentary MBS Live Recap: Typical Case of The Mondays Monday's without significant economic data or overseas geopolitical developments tend to be quite lifeless for bond markets.  Today was no exception.  Fannie 3.5s ended the day perfectly unchanged and 10yr yields rose 1.3bps in a move tha... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.83% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.83% +0.02 0.00 15 Yr. Fixed 6.16% +0.01 0.00 30 Yr. FHA 6.20% +0.02 0.00 30 Yr. Jumbo 6.95% 0.00 0.00 7/6 SOFR ARM 6.36% +0.01 0.00 30 Yr. VA 6.22% +0.03 0.00 Updates Daily - Last Update: 5/1 15 Yr. Fixed Rate 6.16% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.76% -0.05 0.00 15 Yr. Fixed 5.92% -0.02 0.00 Updates Weekly - Last Update: 5/1 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.89% -0.01 0.00 15 Yr. Fixed 6.17% -0.03 0.76 30 Yr. Jumbo 6.88% -0.02 0.60 Updates Weekly - Last Update: 4/30 MBS / Treasuries UMBS 30YR 5.5 99.57 +0.04 Price / Yield Change MBS UMBS 5.5 99.52 -0.01 UMBS 6.0 101.23 -0.02 GNMA 5.5 99.68 -0.05 GNMA 6.0 100.97 -0.04 Pricing as of: 5/2 8:47AM EST 10 Year US Treasury 4.2096 -0.0075 Price / Yield Change US Treasury 2 YR Treasury 3.707 +0.006 5 YR Treasury 3.811 -0.002 7 YR Treasury 4.007 -0.013 10 YR Treasury 4.221 +0.004 30 YR Treasury 4.720 -0.001 Pricing as of: 5/2 8:47AM EST Latest Video How to trade bonds ahead of the Fed Consolidation is today's market theme The secret to flipping houses for a profit Around the Web Bloomberg Consumer Borrowing in US Posts Smallest Gain Since July 2012 Reuters Confronted by market doubts, Federal Reserve drove March rate rise expectations Calculated Risk Blog Las Vegas Real Estate in February: Sales up 5.2% YoY, Inventory down Sharply builderonline.com Palm Springs Housing Market Heats Up With Short-Term Rentals Bloomberg Fed Takes Fear Out of Markets as Volatility Plunges in Bonds, FX CNBC Millennials drive housing confidence higher, despite red-hot prices CNBC Op-Ed: Here's the one word Janet Yellen said last week that the markets should be very worried about feedproxy.google.com NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and Boomers Redfin How Ben Carson and HUD Can Begin to Solve America's Housing Affordability Crisis CoreLogic CoreLogic US Home Price Report Shows Prices Up 6.9 Percent in January 2017 Fannie Mae Consumer Confidence in Housing Hits All-Time High | Fannie ... CNBC Why the Fed's almost-certain rate hike is even an bigger deal than normal Calculated Risk Blog February NFP Forecasts

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