Daily Newsletter: Rates Higher to Begin Volatile Week; Most Americans See Affordability Problem

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.56%   +0.03 15 Year Fixed 2.86%   +0.02 10YR Treasury 1.68%   +0.0670 FNMA 30YR 3.5 104.91   -0.13 FNMA 15YR 2.5 104.42   -0.08 View Today's Rates

Monday June 20, 2016 Mortgage Rate Watch - 2:26PM Mortgage Rates Continue Higher to Begin Volatile Week Mortgage rates continued higher today, and at a quicker pace than the modest increase seen at the end of last week. Financial markets are undergoing a change of heart regarding their ... MND NewsWire - 12:23PM 4 in 5 Americans Say Affordability is a Problem If you are looking for an upbeat assessment of consumer sentiment regarding housing, a recent survey by the MacArthur Foundation is not the place to go. Its most recent survey of housing ... Pipeline Press - 10:40AM CFPB and Vendor Management Webinars; FHA/VA News; Brexit Primer To start off the week, besides the first full moon on a summer solstice since 1967, here’s an interesting Bloomberg chart about the Federal government's percent of ownership of ... MBS Commentary - 8:32AM MBS Week Ahead: The Pre-Brexit Pull-Back is Here Bond markets begin week significantly weaker as global markets back down on 'Brexit' trades 10yr yields created a big gap from last week's levels This now becomes important resistance ... May Residential Construction News Mixed Legal Landscape Continues to Change; Whole Loan Trading Methods; Optimal Blue and MERS Sold Latest Video Brexit would delay Fed move: Pro BlackRock CEO on negative rate debate Brexit opinion polls in UK swing towards 'remain' More News from 'Around the Web' Bloomberg - 4:03PM Yellen's Got Data on Her Side If Congress Quizzes on the Economy www.realtor.com - 1:55PM Rich People Are Buying Secret Luxury Apartments for the Help Reuters - 1:54PM Too-tough capital rules may stifle U.S. lending: Fed's Kashkari The Atlantic - 1:54PM The 'Brexit' Campaign: A Cheat Sheet Calculated Risk Blog - 1:53PM Phoenix Real Estate in May: Sales up 6%, Inventory up YoY www.cfpbmonitor.com - 11:02AM CFPB takes another challenge to its jurisdiction to court Bloomberg - 10:44AM Pimco Says 'Storm Is Brewing' in U.S. Commercial Real Estate Fannie Mae - 10:43AM Economic Growth Outlook Holds Steady for 2016 | Fannie ... CNBC - 8:43AM Fink: 'Still nervous" about Brexit CNBC - 8:41AM US Treasurys down ahead of Yellen, Brexit vote freddiemac.mwnewsroom.com - 8:40AM Freddie Mac Reaches $650 Billion Credit Risk Transfer Milestone Today's Rates Best Execution Rate Change 30 Yr FRM 3.56% +0.03 15 Yr FRM 2.86% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.61% +0.03 5/1 Yr ARM 2.99% +0.03 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 3.54% 0.50 -0.06 15 Yr. Fixed 2.81% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.74% 0.50 -0.08 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 3.0 102.77 -0.20 30YR FNMA 3.5 104.91 -0.13 30YR GNMA 3.0 103.42 -0.50 30YR GNMA 3.5 105.63 -0.17 15YR FNMA 3.0 104.42 -0.08 15YR FNMA 2.5 102.80 -0.13 Treasuries Yield Change 2 YR 0.7370% +0.0443 5 YR 1.1694% +0.0549 10 YR 1.6765% +0.0670 30 YR 2.4858% +0.0633 Prices as of: 6/20/2016 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.