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Sung Kim
Vice President of Mortgage Lending, Guaranteed Rate
Vice President of Mortgage Lending
Guaranteed Rate
195116
1750 North University Drive Suite 234 Coral Springs, FL 33071
CONTACT ME
Contact Me
571-278-6029
sung@skmortgagesolution.com
www.rate.com/sungkim
sung@skmortgagesolution.com
www.rate.com/sungkim
CONTACT ME
Recent News
Why Mortgage Rates are Defying the Data
1/8/2016
The Day Ahead: Bond Rally Exhaustion Couldn't Come at a More Dangerous Time
1/8/2016
The Day Ahead: Global Risk and Oil Give Bonds a Head Start
1/6/2016
The Week Ahead: First Week Back From Holidays is Action-Packed
1/4/2016
Housing Market Has Plenty to Consider in 2016
12/31/2015
The Week Ahead: One More Week of Holiday Market Disruption
12/28/2015
New Mortgage Rules Already Leaving Mark on 2015
12/24/2015
Fed Finally Hikes. Mortgage Rates Fall. Wait... What?!
12/17/2015
Fed Hikes; First Move Is Weaker
12/16/2015
The Day Ahead: Things Are Getting Interesting For Bond Markets
12/15/2015
MBS Mid-Day: Living In The Shadow of Treasury Snowball Rally
12/11/2015
Fed Rate Hike Next Week. Do We Care?
12/10/2015
MBS Recap: Bonds Bounce Back with Help From Oil and Auction
12/9/2015
The Day Ahead: Bonds Doing What They Have Been Doing Ahead of Fed Meetings
12/9/2015
MBS Recap: Quiet, Flat, But Slightly Ominous, Depending on Your Outlook
12/8/2015
The Day Ahead: Absence of Market Movers Causes Search to Intensify
12/8/2015
The Day Ahead: Limited Data as bonds Wait for FOMC
12/7/2015
MBS Recap: Bonds Recover Almost Half of Yesterday's Losses
12/4/2015
First Move is Weaker Following Strong NFP
12/4/2015
MBS Recap: Bond Markets Utterly Rocked by THIS Central Banker (Not The One You Think)
12/4/2015
Mortgage Rate Volatility Back From Vacation
12/3/2015
Bonds Under Pressure as Draghi Disappoints
12/3/2015
The Day Ahead: How Much Does Europe Still Matter Anyway?
12/3/2015
MBS Recap: Bonds Avoid Afternoon Weakness for Unfortunate Reasons
12/2/2015
Bonds Back to Weakest Levels After Yellen
12/2/2015
Bonds Improve After Weakest ISM Since 2009
12/1/2015
The Day Ahead: New Month, New Trend? Reasons to be Cautious
12/1/2015
MBS Recap: Decent Improvements, But Waiting on Bigger News
11/30/2015
The Day Ahead: Back to Business With Plenty of Market Movers on Tap
11/30/2015
The Day Ahead: Open For a Half Day in Name Only
11/27/2015
Mortgage Rates and Housing Trends Suggest Nervous Markets
11/25/2015
Mortgage Rates and Housing Consolidate Ahead of Holidays
11/19/2015
Why Are Rates Suddenly at 4-Month Highs?
11/12/2015
No Reprieve For Mortgage Rates as Fed Doubles Down
11/5/2015
Don’t Believe Everything You Read About Rates
10/29/2015
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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
4.740
+0.010
5 YR
4.352
+0.008
10 YR
4.341
0.000
30 YR
4.493
-0.014
Pricing as of:
5/16 5:41AM
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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