Daily Newsletter: 71% With Student Debt Say it Delays Homebuying; Yep, Mortgage Rates Are Still Super Low; Fed vs Brexit

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30 Year Fixed 3.56%   -0.02 15 Year Fixed 2.86%   -0.02 10YR Treasury 1.61%   -0.0274 FNMA 30YR 3.5 105.05   +0.09 FNMA 15YR 2.5 104.70   +0.03 View Today's Rates

Monday June 13, 2016 Mortgage Rate Watch - 4:25PM Yep, Mortgage Rates Are Still Super Low! Mortgage rates haven't moved too much recently, and no one is complaining. While each of the past 5 days has only seen a modest drop in rates, they were already operating near 3-year ... MND NewsWire - 3:45PM 71% of those with student debt say it delays homeownership: Survey Not only is student loan debt delaying first-time homebuyers, it is delaying them for a long time. Seventy-one percent of non-homeowners with debts from student loans said the burden ... MBS Commentary - 9:07AM MBS Week Ahead: Fed Week vs Brexit and Big Picture The latest chapter for global bond markets began with the Fed's attempts in mid-May to 'convince' investors that they were serious about hiking rates in June. The Fed's April meeting ... Pipeline Press - 7:58AM USDA Program Improving Pricing; Oil and World Budgets; World Rates Continue Lower Everyone's thoughts and prayers are with the victims of the horrible shooting in Orlando. But yes, Father's Day is coming up, and the first presidential proclamation honoring fathers ... MBS RECAP: Europe Juices Rates for 4th Straight Day What if No One Wants to Service More Loans? Impact on Consumers? Latest Video Goldman's Hatzius on Fed Fed expected to stay on hold Unintented consquences of negative rates: Pro More News from 'Around the Web' CNBC - 5:18PM Decent chance for July hike: Hatzius Bloomberg - 3:19PM Brexit Polls by ICM Show 'Leave' Widening Lead Over 'Remain' www.realtor.com - 3:15PM The Psychology of Buying and Selling a House CNBC - 1:50PM Student loan debt takes toll on homes Market Watch - 1:49PM The Fed: Yellen may try to sound like a hawk in her press conference Calculated Risk Blog - 1:48PM Will the Rebound in Oil Prices Rescue the Houston Housing Market? The Basis Point - 1:40PM Quicken Loans founder Dan Gilbert's Yahoo Bid: Crazy or Genius? www.cfpbmonitor.com - 10:54AM CFPB to host June 22 eRegulations webinar www.builderonline.com - 10:54AM Unlike Prices, OC Real Estate Jobs Not Back at Peak eyeonhousing.org - 10:53AM Independent Mortgage Companies Account for Most Home Purchase Mortgage Lending Reuters - 9:13AM Microsoft agrees to buy LinkedIn for $26.2 billion Calculated Risk Blog - 9:08AM Sacramento Housing in May: Sales up 3.5%, Active Inventory down 18% YoY CNBC - 8:12AM Does surging rent lead to gentrification, or is it the other way around? CNBC - 8:11AM College grads move back home with mom and dad Bloomberg - 8:08AM Morgan Stanley Clashes With Goldman on Bonds as Market Surges CNBC - 8:06AM US Treasurys recover, await Fed Bloomberg - 8:06AM German Government Bonds in 'Bubble Territory,' Allianz CIO Says Today's Rates Best Execution Rate Change 30 Yr FRM 3.56% -0.02 15 Yr FRM 2.86% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.59% -0.01 5/1 Yr ARM 2.95% -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 3.60% 0.50 -0.06 15 Yr. Fixed 2.87% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.50 -0.06 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 3.0 102.98 +0.09 30YR FNMA 3.5 105.05 +0.09 30YR GNMA 3.0 103.77 +0.09 30YR GNMA 3.5 105.77 +0.08 15YR FNMA 3.0 104.70 +0.03 15YR FNMA 2.5 103.16 +0.08 Treasuries Yield Change 2 YR 0.7183% -0.0162 5 YR 1.1298% -0.0357 10 YR 1.6130% -0.0274 30 YR 2.4291% -0.0235 Prices as of: 6/13/2016 4:30PM 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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