Mortgage Estimator
Dream the Dream, Live the Reality

Here are some mortgage tools you may want to play with to see how purchase prices, down payments, rates, taxes, homeowners insurance, and mortgage insurance can affect your potential monthly payment.

These tools are maintained by third parties and are provided here for your convenience only. SpinOne Group is not responsible for the accuracy of these tools. Your  LENDER is your BEST source for the values that will be associated with YOUR LOAN.

Mortgage Estimator

This is an estimator, please work with your Lender to determine your actual values!

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
0.0%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


$

Principal & Interest
$
Home insurance
$
Property taxes
$
PMI
$
30 Year Fixed Rates Over Time

chart

Current Rates
 

  • MBS RECAP: Bonds Show Up, Break Stuff, And Then Just Walk Away
    Posted To: MBS CommentaryHave you ever seen someone randomly do something fairly awful/hurtful/aggressive, offer no explanation or apology, and then just leave the scene? That was essentially what bond markets did today. Friday's already unpleasant weakness was forcibly extended , bringing yields to the highest levels in more than 4 ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Matthew Graham
    11 hours ago
  • NOW Mortgage Rates Are at 4-Year Highs
    Posted To: Mortgage Rate WatchMortgage rates moved markedly higher today, officially leaving them at new 4-year highs. The only other time they've earned that distinction this year was in February--NOT last week as all the major surveys claimed. To be clear, they were certainly close last week, but the surveys ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Matthew Graham
    12 hours ago
  • Freddie Mac Forecast: Lots of “Ifs” and “Buts”
    Posted To: MND NewsWireFreddie Mac's economists say, "The broader economic environment remains favorable for home sales," but they add a lot of caveats to that statement . Sales are holding up so far, despite the increase in mortgage rates, but will that continue? Sales started recovering in 2010, with the ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Jann Swanson
    14 hours ago
  • Existing Home Sales Beat Headwinds, Score Small Gains
    Posted To: MND NewsWireExisting-home sales seemed to have reclaimed their footing, posting their second consecutive gain after two straight months of declines. The National Association of Realtors® (NAR) said March sales of single-family homes, townhomes, condos, and coops rose 1.1 percent compared to February, putting sales at a seasonally adjusted ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Jann Swanson
    18 hours ago
  • Events and Webinars; GDP Primer; Rates at 2014 Levels
    Posted To: Pipeline Press“A billion here, a billion there, pretty soon, you’re talking real money,” was never actually uttered by Illinois politician Everett Dirksen. ("Oh, I never said that. A newspaper fella misquoted me once, and I thought it sounded so good that I never bothered to deny it.") The ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Rob Chrisman
    19 hours ago
  • MBS Week Ahead: 10yr at 3%: The Most Overrated–Possibly Even Meaningless–Ceiling
    Posted To: MBS CommentaryI'm going to be surly this week about the way the bond market is covered in the financial media. Many of the articles to which I take exception will appear in the live news stream on MBS Live and Mortgage News Daily. They are there for reference ... read more
    Source: Mortgage News DailyPublished on 2018-04-23By Matthew Graham
    20 hours ago
  • MBS RECAP: Bonds Surge to Weakest Levels since 2014
    Posted To: MBS Commentary10yr yields hit the highest levels in more than 4 years this afternoon as bigger-picture selling pressure looks to be taking the reigns back from the Springtime consolidation that helped rates hold steady-to-slightly lower in March. There are no big, obvious reasons for the sudden spike in ... read more
    Source: Mortgage News DailyPublished on 2018-04-20By Matthew Graham
    3 days ago
  • Mortgage Rates Quickly Approaching 4-Year Highs
    Posted To: Mortgage Rate WatchLet's clear one thing up before we begin. Freddie Mac, MBA, and Ellie Mae all noted new 4-year highs in mortgage rates this week. They are all technically wrong. This has to do with the way their data is collected and/or averaged. And while I have ... read more
    Source: Mortgage News DailyPublished on 2018-04-20By Matthew Graham
    4 days ago
  • Wells Fargo to Face Largest Fine Yet
    Posted To: MND NewsWireOnce again Wells Fargo is about to pay dearly for its inability to walk the straight and narrow. The Washington Post , under the byline of Renae Merle, is reporting that the bank is about to be hit with the largest penalty of the Trump administration , ... read more
    Source: Mortgage News DailyPublished on 2018-04-20By Jann Swanson
    4 days ago
  • MBS Day Ahead: If Rates Keep Moving Higher, It Could Still Be a Head Fake
    Posted To: MBS CommentaryRates are in the midst of a serious, threatening move higher. Yesterday brought additional confirmation of the end of the friendly Springtime consolidation trend and it took us one step closer to the highest yields in more than 4 years. The specific reasons for yesterday's weakness were ... read more
    Source: Mortgage News DailyPublished on 2018-04-20By Matthew Graham
    4 days ago
  • MBA’s Compliance Accreditation; Freddie and Fannie Changes Continue
    Posted To: Pipeline PressDid you know that Wells Fargo gives more assistance and aid to people and communities through its Foundation than any other company in the United States. For example, “the Wells Fargo NeighborhoodLIFT program looks to the future by delivering down payment assistance and financial education to homebuyers.” ... read more
    Source: Mortgage News DailyPublished on 2018-04-20By Rob Chrisman
    4 days ago
  • MBS RECAP: Bonds Add Exclamation Point to Yesterday’s Breakout
    Posted To: MBS CommentaryThe break outside what we'll call the "Springtime Consolidation" for bonds started taking shape as early as last week. On Thursday and Friday, yields hugged the upper boundaries of that trend, simultaneously shying away from the sort of positive bounce that would typically suggest the trend's continuation. ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Matthew Graham
    4 days ago
  • Mortgage Rates Jump to Highest Levels in About a Month
    Posted To: Mortgage Rate WatchMortgage rates jumped higher today as bonds continued a move away from narrow Springtime range seen in March and early April. Bonds dictate rate movement and yesterday saw the bond market make its first convincing attempt to break what had been a friendly, narrow range. This ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Matthew Graham
    5 days ago
  • Weather Cools Remodeling Perceptions
    Posted To: MND NewsWireThe Remodeling Market Index (RMI) is to home remodelers as the Housing Market Index (HMI) is to new home builders. Each is constructed by the National Association of Home Builders (NAHB) to reflect builder confidence in their particular share of the market. The quarterly RMI is based ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Jann Swanson
    5 days ago
  • MBS Day Ahead: What Stock Lever? Bonds Tanking Without Any Help
    Posted To: MBS CommentaryWe've been increasingly wary about a potential break of the recent consolidation/rally trend --the one that saw yields move sideways to slightly stronger from late Feb through early April. Yields tiptoed to the top of that range as of Tuesday and then fired a more forceful warning ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Matthew Graham
    5 days ago
  • Rates on Closed Loans at 8 Year High
    Posted To: MND NewsWireThe share of refinancing loans dropped to 38 percent of loans closed in March, down from 43 percent in February. Ellie Mae's Origination Insight Report for the month notes that the 5 percent decline in those loans was consistent across all three loans types, FHA, VA, and ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Jann Swanson
    5 days ago
  • Home Price Increases Outpace Income Gains – Again
    Posted To: MND NewsWireFewer homes on the market are affordable than a year ago, and fewer households can afford them with their current income. The National Association of Realtors® (NAR) and the realtor.com website have released a list of the least and the most affordable locations nationwide based on the ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Jann Swanson
    5 days ago
  • New Lender Products; Freddie and Fannie Updates; Rates Moving Higher
    Posted To: Pipeline PressRumors continue to swirl about practically every lender out there, and exaggeration is rampant. A company eliminates low producing LOs in Arizona and suddenly the jungle drums are saying it is closing its Southwest division. A middle layer of management is cut, and word on the street ... read more
    Source: Mortgage News DailyPublished on 2018-04-19By Rob Chrisman
    5 days ago
  • MBS RECAP: More Warning Shots From Bonds
    Posted To: MBS CommentaryToday was a more serious version of the same sort of warning shots seen at the end of last week. At that time, bond yields rose to challenge an intermediate ceiling at 2.835%, but didn't go out of their way to break it. This week began with ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Matthew Graham
    5 days ago
  • Mortgage Rates Inch Higher as Bonds Suggest More Trouble Ahead
    Posted To: Mortgage Rate WatchMortgage rates moved higher today as bond markets continued a mildly weaker trend for the month of April. Bonds (which underlie rates) are under pressure for a variety of reasons. The most notable headwinds are longer-term and bigger-picture. Rates responded to these headwinds in a fairly ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Matthew Graham
    6 days ago
  • UI Says Underwriters Should Consider Rent History
    Posted To: MND NewsWireAccess to credit remains tight and the Urban Institute (UI) blames in part that lenders are not measuring the credit risk of borrowers appropriately. Laurie Goodman and Jun Zhu, writing in UI's Urban Wire blog say that paying rent is the most significant financial commitment of most ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Jann Swanson
    6 days ago
  • Freddie Mac: Shop Smart, Save Big
    Posted To: MND NewsWireThey aren't suggesting you shop 'til you drop, but Freddie Mac says neither should borrowers buy the first mortgage they see. Doug McManus and Elias Yannopoulos, members of the company's Economic and Housing Research Group, write in its Insights Blog that shopping for a better mortgage rate ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Jann Swanson
    6 days ago
  • MBS Day Ahead: Bonds At Mercy of Earnings Ramp-Up, But Curve Could Help
    Posted To: MBS CommentaryThe term "earnings season" gets thrown around quite a bit in financial news, but what is it, exactly? Simply put, it's a period of several weeks each quarter where a majority of companies release their earnings reports. This is always of interest to the stock market as ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Matthew Graham
    6 days ago
  • TPO and Warehouse Products; Training Events; MBA Shows Decrease in Volume, Profits
    Posted To: Pipeline PressThe MBA tells us that both volume and profits were down in 2017. “ Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017 , down from $1,346 per loan in 2016.” Production expenses grew ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Rob Chrisman
    6 days ago
  • Mortgage Application Activity Surges
    Posted To: MND NewsWireThe pace of mortgage applications picked up during the week ended April 13, ending a two-week slide. The Mortgage Bankers Association (MBA) reported its indices for both purchase mortgages and refinances improved significantly compared to the week ended April 6. The Market Composite Index a measure of ... read more
    Source: Mortgage News DailyPublished on 2018-04-18By Jann Swanson
    6 days ago
  • MBS RECAP: Bonds Hold Ground Despite Stronger Data/Stocks
    Posted To: MBS CommentaryWith elevated stock/bond correlation of late, it's always worth noting when things move in the opposite direction. Today was such a day, with stocks making solid gains while bonds managed to hold their ground near unchanged levels. Corporate bond issuance and stronger economic data also added to ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Matthew Graham
    6 days ago
  • Modest Improvements For Mortgage Rates
    Posted To: Mortgage Rate WatchMortgage rates had a calm day. Lenders who had offered improved rate sheets yesterday afternoon didn't see much reason to drop rates any further today. Lenders who took a more conservative route yesterday ended up being a little better off. Although there were several economic reports ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Matthew Graham
    7 days ago
  • Trade War Risks a Dark Cloud For an Otherwise Bright Economy – Fannie Mae
    Posted To: MND NewsWireFannie Mae's economists remain upbeat about economic growth in the medium term but said on Monday that they see increasing downside risks. In its March forecast, the company's Economic Research Team had predicted that growth would slow during the first quarter but with a subsequent pickup that ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Jann Swanson
    7 days ago
  • MBS Day Ahead: Technically Under Attack, But is There Hidden Hope?
    Posted To: MBS CommentaryMuch of the analysis of the past few days has focused on the downwardly sloped trend channel seen in today's first chart. This can be thought of as the "correction trend" that helped bonds settle down after a glut of selling pressure to kick off the new ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Matthew Graham
    7 days ago
  • Housing Starts, Permits Stage Spring Recovery
    Posted To: MND NewsWireBoth housing permits and housing starts recovered in March from very disappointing performances in February. The New Residential Construction Report , jointly issued by the U.S. Census Bureau and the Department of Housing and Urban Development, has both indicators up for the month, and both beat analysts' ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Jann Swanson
    7 days ago
  • Annual Mortgage Bank Profits Fall by Nearly Half
    Posted To: MND NewsWireLess than a month after reporting some bad news about mortgage production and profits in the fourth quarter of 2017 the Mortgage Bankers Association (MBA) is back with a roundup of those measures for the entire year. The news didn't get any better. MBA said that per-loan ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Jann Swanson
    7 days ago
  • Servicing Update – Where are Values and Why?; AUS and CRM Products
    Posted To: Pipeline PressOne of the things that impact servicing values is foreclosure laws, and rates, in certain states. Foreclosures have dropped, thankfully the number of borrowers in trouble has dropped, but certain loan vintages, and certain states, are seeing an increase in higher foreclosures . “Meanwhile we are beginning ... read more
    Source: Mortgage News DailyPublished on 2018-04-17By Rob Chrisman
    7 days ago
  • MBS RECAP: Bonds Claw Back to ‘Unchanged’ After Weaker Start
    Posted To: MBS CommentaryBonds were quite a bit weaker in the overnight session. According to the average media report, this was in response to Syria-related developments. The "logic" was that because the US had launched missiles into Syria WITHOUT sparking military escalation with Russia, that the whole Syria situation would ... read more
    Source: Mortgage News DailyPublished on 2018-04-16By Matthew Graham
    1 week ago
  • Mortgage Rates Back to Unchanged After Starting Higher
    Posted To: Mortgage Rate WatchMortgage rates began the day at higher levels, as bond markets lost ground overnight. Bonds dictate rates, and "losing ground" means bond prices are falling. When bond prices fall, rates move higher. There's some chatter in the marketplace about developments in Syria being the motivation for ... read more
    Source: Mortgage News DailyPublished on 2018-04-16By Matthew Graham
    1 week ago
  • Builder Confidence Dips Slightly, Still Near All-Time Highs
    Posted To: MND NewsWireBuilder confidence in the market for newly built single-family homes slipped again in April, edging down 1 point to 69. The National Association of Home Builders (NAHB) said its NAHB/Wells Fargo Housing Market Index (HMI) edged down one point to 69. The HMI has slipped 1 point ... read more
    Source: Mortgage News DailyPublished on 2018-04-16By Jann Swanson
    1 week ago
  • MBS Week Ahead: Range Breakout In The Spotlight; Red Herrings
    Posted To: MBS CommentaryAnother week, another change to savor the scent of red herring in the air. Have you ever smelled a herring--let alone a red one? They're oily little bait-fish (like a bigger anchovy) and once out of the ocean (or the bait freezer at your local tackle shop), ... read more
    Source: Mortgage News DailyPublished on 2018-04-16By Matthew Graham
    1 week ago
  • Chase’s Demand Letters; Capital Markets Update; Zillow is Doing What?
    Posted To: Pipeline PressThere is always something new in the legal arena, right? Below is news that JPMorgan Chase is pursuing remedies. Is it “legal” for Zillow to compete with real estate agents, or private investors, or to out-bid individuals or families in buying a house? My guess is “yes,” ... read more
    Source: Mortgage News DailyPublished on 2018-04-16By Rob Chrisman
    1 week ago
  • MBS RECAP: Technically Stronger, But…
    Posted To: MBS CommentaryBonds were technically stronger today. There is green on the screen right now for everything but 2yr Treasuries. It's not huge, but at least it's in the right direction. 10's ended the day down nearly 2bps and Fannie 3.5 MBS were up an eighth of a point. ... read more
    Source: Mortgage News DailyPublished on 2018-04-13By Matthew Graham
    1 week ago
  • Mortgage Rates Rise Despite Market Improvement
    Posted To: Mortgage Rate WatchMortgage rates were slightly higher for most lenders today even though underlying bond markets suggested the opposite. This is partly a timing issue. Yesterday saw bond markets weaken throughout the day. Weaker bonds imply higher rates. After a certain amount of weakness, mortgage lenders will adjust ... read more
    Source: Mortgage News DailyPublished on 2018-04-13By Matthew Graham
    2 weeks ago
  • OIG says FHFA Practices Need Improvement, Lots of It.
    Posted To: MND NewsWireIf they had a report card, the Federal Housing Finance Agency (FHFA) would have been afraid to take it home to mom and dad. Laura S. Wertheimer, FHFA's Inspector General, reported to the House Committee on Financial Services on Thursday about the oversight FHFA provides to the ... read more
    Source: Mortgage News DailyPublished on 2018-04-13By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: Feeling Out The End Of 2018’s First Correction
    Posted To: MBS CommentaryI started using some more serious words to talk about bond market weakness yesterday, but I'll make them simple and keep the assessment short this morning. In a nutshell, we've gone from tracking a linear, well-behaved, modestly-positive correction since February 22nd to wondering if that correction just ... read more
    Source: Mortgage News DailyPublished on 2018-04-13By Matthew Graham
    2 weeks ago
  • Tech Products, eNote News; MB Financial Bails and Sails
    Posted To: Pipeline Press“Rob, are you hearing of companies where branches are being picked off due to new budgetary constraints, and where new recruiting has become problematic for primarily the same reason?” Yup. Companies continue to look at management or regional layers (are they needed?), real estate costs (are all ... read more
    Source: Mortgage News DailyPublished on 2018-04-13By Rob Chrisman
    2 weeks ago
  • MBS RECAP: Several Reasons Bonds Tanked Today
    Posted To: MBS CommentaryAt first glance, today was all about a de-escalation of yesterday's Syria rhetoric from Trump (re: "missiles"). Given that we were able to credit yesterday's news for helping bonds improve, it isn't too much to ask to believe today's news could push the other direction. But this ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Matthew Graham
    2 weeks ago
  • Mortgage Rates Bounce Back
    Posted To: Mortgage Rate WatchA day after hitting the lowest levels in more than 2 months, mortgage rates bounced back up today. The good news is that they didn't land too far from yesterday's levels in the grand scheme of things, and are still technically closer to the bottom of ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Matthew Graham
    2 weeks ago
  • MBA Predicts New Home Sales Up in March
    Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) is predicting a strong increase in new home sales in March. Its Builder Application Survey (BAS), conducted with mortgage subsidiaries of new home builders, found applications for new home purchase mortgages were up 14 percent from February. They still lagged those from ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Jann Swanson
    2 weeks ago
  • Tax Cut Effects on Housing Still Debatable
    Posted To: MND NewsWireAs Americans are nearing the deadline to file their 2017 federal income tax return, what this will put on their 2018 return is still open to debate. The effects of the Tax Cuts and Jobs Act, passed by Congress in December was, in the words of CoreLogic's ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: Apart From Speculation, All We Have Are These Technical Levels
    Posted To: MBS CommentaryOn a week where the calendar of events had every right to push bond yields more decisively away from their most important recent technical level (2.795% in 10yr yields), we've instead seen a narrow consolidation centered on that same indecisive technical level. There are a few moving ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Matthew Graham
    2 weeks ago
  • Cyber Training and Data Security Workshop; Nationstar Documentation Penalty
    Posted To: Pipeline PressThis commentary posts plenty of job opportunities. I have a site – www.LenderNews.com – where folks can post resumes for free (under “services) and companies can view them. What about the flip side? People are fired every day, from every position, for every reason. Is it the ... read more
    Source: Mortgage News DailyPublished on 2018-04-12By Rob Chrisman
    2 weeks ago
  • MBS RECAP: This Week is Getting Crazy Flat
    Posted To: MBS CommentaryBonds were set to begin the day in fairly unchanged territory when Trump tweeted about launching missiles at Syria and forcing Russia to try to shoot them down ( here ). That was initially of some benefit to bonds just before the start of the domestic session, ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Matthew Graham
    2 weeks ago
  • Mortgage Rates Inch Down to 2-Month Lows
    Posted To: Mortgage Rate WatchMortgage rates technically hit the lowest levels in 2 months today. The catch is that they were already pretty close and that today's improvement wasn't necessarily that big. In fact, most borrowers will see the same interest rate in today's quotes with the only difference being ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Matthew Graham
    2 weeks ago
  • The Past is Not Prologue in Housing Markets
    Posted To: MND NewsWireCan the past be reliably expected to predict the future? Probably not if one is talking about consumer behavior and structural breaks in the housing cycle. That, at least, is the opinion of Wells Fargo Economists John E. Silvia, Azhar Iqbal, and Abigail Kinnaman in a two-part ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Jann Swanson
    2 weeks ago
  • Construction Product; Tax Guideline Changes From Lenders
    Posted To: Pipeline PressHere’s some trivia for Happy Hour tonight. Who is Irene Triplett? Triplett is the sole surviving person sole surviving person to be receiving a Civil War pension from the VA. She is 87, the daughter of a “War of Northern Aggression” soldier, lives in North Carolina, and ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Rob Chrisman
    2 weeks ago
  • Record Commercial/Multifamily Volume in 2017
    Posted To: MND NewsWireMultifamily mortgage financing was the big winner overall in what was a record setting year for commercial and multifamily originations. The Mortgage Bankers Association (MBA) said a record $530.1 billion in loans were closed in 2017, an 8 percent gain from 2016. The largest share of lending, ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Jann Swanson
    2 weeks ago
  • Mortgage Apps Declined Last Week, Despite Lower Rates
    Posted To: MND NewsWireMortgage applications, both for home purchases and refinancing, declined for the second consecutive week during the period ending April 6. The Mortgage Bankers Association (MBA) reports that its Market Composite Index, a measure of application volume, was down 1.9 percent on a seasonally adjusted basis compared to ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: Syria Headlines Help, but CPI, Auctions, and Fed Remain in Focus
    Posted To: MBS CommentaryBonds were flat yet again in the overnight session, but began to improve after Trump tweeted "get ready Russia," missiles "will be coming" in response to rising tensions in Syria. As can be seen in the following chart, this was somewhat of a big deal for bonds, ... read more
    Source: Mortgage News DailyPublished on 2018-04-11By Matthew Graham
    2 weeks ago
  • MBS RECAP: 2nd Straight Day Holding Inside Friday’s Range
    Posted To: MBS CommentaryFor bonds (and almost for S&P futures as well), today was spent in roughly the same range as yesterday and well-within the range boundaries set by Friday's trading. News stories are touting volatility in stocks. While that may be true inasmuch as the magnitude of day-to-day changes, ... read more
    Source: Mortgage News DailyPublished on 2018-04-10By Matthew Graham
    2 weeks ago
  • Mortgage Rates Still Sideways Ahead of Key Inflation Data
    Posted To: Mortgage Rate WatchMortgage rates roughly unchanged again today. Some lenders were slightly higher in rate, but not enough to affect the average. Underlying bond markets (which dictate rates) have been eerily calm so far this week, ostensibly with an eye on tomorrow morning's big inflation report. As we ... read more
    Source: Mortgage News DailyPublished on 2018-04-10By Matthew Graham
    2 weeks ago
  • Delinquencies Down Overall, Texas and Florida Still Coping
    Posted To: MND NewsWireIn the company's loan performance report for January, Frank Martell, CoreLogic's president and CEO said, "Except for the metropolitan areas affected by natural disasters, most of the country has seen delinquency and foreclosure rates move lower over the past year. Declines in the unemployment rate have supported ... read more
    Source: Mortgage News DailyPublished on 2018-04-10By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: First Treasury Auction; Not The Price Index You’re Looking For
    Posted To: MBS CommentaryAlthough today's 8:30am data has the trigger phrase "price index," it's not the price index you're looking for. That will come tomorrow in the form of the Consumer Price Index (CPI). Today's Producer Price Index (PPI) measures the shift in input costs at the wholesale level. PPI ... read more
    Source: Mortgage News DailyPublished on 2018-04-10By Matthew Graham
    2 weeks ago
  • LO Training, Lender Products; State-Level Changes
    Posted To: Pipeline PressPlenty of folks are moving to Florida, where I am today for a VA Conference. Do property taxes matter? Sure they do. Enough to move to an entirely different state? This article says, “Apparently.” Experts say that jobs are the most important determinant of where home buyers ... read more
    Source: Mortgage News DailyPublished on 2018-04-10By Rob Chrisman
    2 weeks ago
  • MBS RECAP: Bonds Battle Back to Unchanged in Narrow Range
    Posted To: MBS CommentaryWithout any major events or data on the econ calendar, it was a calm and relatively inconsequential day for bond markets. Yields stayed (mostly) inside the two narrowest technical levels from Friday afternoon (2.80% and 2.76%), but that wasn't looking like a done deal in the late ... read more
    Source: Mortgage News DailyPublished on 2018-04-09By Matthew Graham
    2 weeks ago
  • Mortgage Rates Mostly Steady, but Volatility Could Increase
    Posted To: Mortgage Rate WatchMortgage rates were steady to slightly higher to begin the new week, depending on the lender. Even in cases where rates rose, the increase was modest at best. The lack of drama is consistent with the week's economic calendar which essentially had nothing meaningful on tap ... read more
    Source: Mortgage News DailyPublished on 2018-04-09By Matthew Graham
    2 weeks ago
  • Survey Shows Strong Up-Swing in Home Purchase Attitude
    Posted To: MND NewsWireIf you think the stock market has been volatile, you might consider a dose of Dramamine before checking out Fannie Mae's Home Purchase Sentiment Index (HPSI). The results of the March National Housing Survey (NHS) as reflected in the HPSI rose 2.5 points to 88.3, wiping out ... read more
    Source: Mortgage News DailyPublished on 2018-04-09By Jann Swanson
    2 weeks ago
  • MBS Week Ahead: Bonds Fight For Right to Party under 2.80%
    Posted To: MBS CommentaryIf you're a 10yr Treasury yield in 2018, you don't simply have free reign to enjoy yourself at yields under 2.80%. That's a right and a privilege for which you'll have to fight . 2 weeks ago, heading into the end of March, it looked like you ... read more
    Source: Mortgage News DailyPublished on 2018-04-09By Matthew Graham
    2 weeks ago
  • Training, Jobs, and Resources for LO’s; Capital Markets Update
    Posted To: Pipeline PressWhat’s the retail residential competition up to? Eave (not to be confused with Eaze !) launched a new software that automates mortgage applications and decisions and claims to provide buyers with a response within two days based on 10 documents. The company targets loans for high-end homes, ... read more
    Source: Mortgage News DailyPublished on 2018-04-09By Rob Chrisman
    2 weeks ago