Daily Newsletter: Rates Rise Ahead of Fed Minutes; Residential Construction Bounces Back From Dismal March

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30 Year Fixed 3.63%   +0.01 15 Year Fixed 2.94%   +0.02 10YR Treasury 1.77%   +0.0121 FNMA 30YR 3.5 104.66   -0.09 FNMA 15YR 2.5 104.38   -0.22 View Today's Rates

Tuesday May 17, 2016 Mortgage Rate Watch - 4:37PM Mortgage Rates Rise Ahead of Fed Minutes Mortgage rates moved higher today as investors sold assets ahead of tomorrow's Fed Minutes. Asset prices move lower when sellers outweigh buyers, and when the price of bonds moves lower ... MND NewsWire - 10:09AM Residential Construction Numbers Bounce Back From Dismal March Permits for residential construction reversed a four-month slide in April and housing starts bounced back from a sharp March decline. The increases in the two key residential construction ... Pipeline Press - 8:59AM Servicing - Who's Buying What; EPO's; LOS Survey; M&A Here’s something the funders can try in the lunch room today: bet a shipper that they can't catch a dropped dollar bill with their fingers. Last week this commentary had some ... MBS Commentary - 8:22AM MBS Day Ahead: Increasingly at Risk of a Bad Bounce in Bonds "Bad" is a relative term, but momentum may be shifting Today's trading will be pivotal in determining that The stakes are not too high, for now Bond markets have been enjoying a good ... Stevens: MBA will Continue Fighting the Good Fight Builder Confidence Unchanged - Again Latest Video Lennar's homebuilding outlook April housing starts up 6.6%, CPI up 0.4% DOJ sends subpoena to LendingClub More News from 'Around the Web' CNBC - 5:22PM 'Tough market': Homebuilder Lennar CEO Reuters - 5:21PM Dell launches $20 billion high-grade bond CNBC - 5:21PM Luxury real estate's new weapon CNBC - 5:21PM How split the view is on rate hikes Calculated Risk Blog - 2:36PM Lawler: Early Look at Existing Home Sales in April www.realtor.com - 2:33PM Why Are Home Prices So High? Because Not Enough New Ones Are Going Up eyeonhousing.org - 12:26PM Townhouse Construction Growth Continues Market Watch - 12:26PM The Fed: Yellen's Philly speech in early June could be key eyeonhousing.org - 11:15AM Flat Trends Continue for New Single-Family Home Size www.builderonline.com - 10:10AM How to House Hunt in a Seller's Market CNBC - 10:09AM Chinese money, US real estate www.gallup.com - 8:50AM U.S. Economic Confidence Holds Steady at -14 CNBC - 8:50AM Housing starts, building permits rise CNBC - 8:50AM US consumer prices post largest gain in three years CNBC - 7:48AM Home Depot beats expectations as crude gains help Wall Street The Atlantic - 7:48AM When Home Values Suffer, Household Spending Does Too Reuters - 7:48AM Lending Club under probe by U.S. Justice Department, receives subpoena CNBC - 7:47AM US Treasurys down as equities, oil drive higher Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.01 15 Yr FRM 2.94% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.64% +0.01 5/1 Yr ARM 3.03% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.57% 0.50 -0.04 15 Yr. Fixed 2.81% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 -0.02 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 102.42 -0.14 30YR FNMA 3.5 104.66 -0.09 30YR GNMA 3.0 103.36 -0.36 30YR GNMA 3.5 105.58 +0.02 15YR FNMA 3.0 104.38 -0.22 15YR FNMA 2.5 102.80 -0.30 Treasuries Yield Change 2 YR 0.8268% +0.0405 5 YR 1.2916% +0.0309 10 YR 1.7654% +0.0121 30 YR 2.5926% -0.0023 Prices as of: 5/17/2016 4:31PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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