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Mark Yecies
President, SunQuest Funding, LLC
President
SunQuest Funding, LLC
18958
20 Commerce Dr, suite 130 Cranford, NJ 07016
CONTACT ME
Contact Me
9082728330
myecies@sqf.net
www.sqf.net
myecies@sqf.net
www.sqf.net
CONTACT ME
Recent News
Should We Worry About Slower Construction?
7/21/2016
Have We Already Seen The Big Bounce?
7/14/2016
The Real Reasons Mortgage Rates Can't Keep Up
7/8/2016
Now That Brexit is Mainstream, Here's Something Even Bigger
6/30/2016
Brexit Opens "All-Time Low Rate" Conversation
6/24/2016
Existing Home Sales and Prices Reach Milestone Highs
6/22/2016
What's Brexit and Why Should You Care?
6/16/2016
The Day Ahead: "The Breakout," Day 2
6/10/2016
Are We On Our Way Back to All-Time Low Rates?
6/9/2016
Mortgage Status Can Help Predict Homeowner Behavior
6/6/2016
Rates Surge Lower After Massively Weak Jobs Report
6/3/2016
Stellar Housing Data This Week and a Break From Mortgage Rate Volatility
5/26/2016
Housing's Hot Streak Continues as Pending Sales Crush Expectations
5/26/2016
Home Price Gains Top 6% Year-Over-Year
5/26/2016
Rates Panic After Fed Minutes, But Bigger Challenges Await
5/19/2016
The Real Story Behind Rates at 3-Year Lows
5/12/2016
Foreclosures Surged in March
5/11/2016
Rates Could Still Go Lower, But With a Price
5/6/2016
Fed Helps Rates Recover; Housing Data Mixed
4/28/2016
Rates Spur Surge in Prepayment Rate in March
4/25/2016
Big Spike in Mortgage Rates and Big Changes in Housing Data
4/21/2016
Earnings Season Threatening Interest Rate Rally
4/15/2016
Wells Settlement is FHA Record
4/11/2016
Consumers Increasingly Pessimistic on Housing - Fannie Survey
4/8/2016
The Real Reason Mortgage Rates Are Near 3-Year Lows
4/7/2016
The Paradox of Central Banks and The Mortgage Market
3/31/2016
Jumbo Private-Label MBS Outlook "Cloudy"
3/29/2016
Pending Sales Recover but Annual Gain Shrinks
3/28/2016
Jury Still Out on Rising Rates and Housing Downturn
3/24/2016
Housing Market Catching a Much-Needed Break
3/17/2016
Mortgage Rate Outlook Staying Scary
3/10/2016
Could This Be The Big Bounce For Rates?
3/4/2016
Contract Signings Second Lowest in 17 Months
2/29/2016
Volatility Means What You See Is Not Necessarily What You Get
2/25/2016
Home Prices Ended 2015 Strong Despite Market Volatility
2/25/2016
What Does This Week’s Rate Spike Mean?
2/18/2016
Lowest Rates in Over a Year. What Now?
2/11/2016
The Day Ahead: This Road Leads to New All-Time Low Rates
2/9/2016
Bond Markets Well Into Positive Territory as Stock Meltdown Continues
2/8/2016
Predicting Rising Rates is a Very Dangerous Game
2/4/2016
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.99%
-0.12
--
15 Yr. Fixed
6.50%
-0.11
--
30 Yr. FHA
6.52%
-0.06
--
30 Yr. Jumbo
7.30%
-0.07
--
5/1 ARM
7.20%
-0.09
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.08%
-0.10
0.63
15 Yr. Fixed
6.61%
+0.01
0.65
30 Yr. FHA
6.89%
-0.03
0.94
30 Yr. Jumbo
7.22%
-0.09
0.58
5/1 ARM
6.56%
-0.04
0.66
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
7.09%
-0.35
0.00
15 Yr. Fixed
6.38%
-0.38
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
99.33
+0.53
UMBS 6.0
100.80
+0.41
UMBS 6.5
102.00
+0.26
GNMA 5.5
99.86
+0.48
GNMA 6.0
101.48
+0.25
GNMA 6.5
101.81
+0.09
US Treasuries
Yield
Change
2 YR
4.730
-0.078
5 YR
4.344
-0.108
10 YR
4.341
-0.098
30 YR
4.507
-0.078
Pricing as of:
5/15 5:43PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
May 15
198.1
0.51%
Building Permits
Mar 1
1.46M
-3.95%
Housing Starts
Mar 1
1.32M
-13.15%
New Home Sales
Mar 1
693K
4.68%
Pending Home Sales
Feb 1
75.6
1.75%
Existing Home Sales
Feb 1
3.97M
-0.75%
Builder Confidence
Mar 1
51
6.25%
Economic Calendar
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