Daily Newsletter: Rates Varied by Lender After Fed Announcement; Purchase Loans Expected to Pick Up

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

30 Year Fixed 3.56%   +0.00 15 Year Fixed 2.86%   +0.00 10YR Treasury 1.58%   -0.0427 FNMA 30YR 3.5 105.13   +0.13 FNMA 15YR 2.5 104.59   -0.08 View Today's Rates

Wednesday June 15, 2016 Mortgage Rate Watch - 4:10PM Mortgage Rates Lender-Dependent After Fed Announcement Mortgage rates were unchanged today, despite the potential for volatility surround the Fed's rate announcement. No one expected the Fed to hike rates at this meeting, but there was ... MND NewsWire - 10:25AM Lenders Expect Purchase Loan Pickup Fannie Mae's second quarter Mortgage Lender Sentiment Survey indicates that lenders are generally upbeat about the housing market. Respondents to the survey, which was conducted in ... MBS Commentary - 2:02PM Differences Between Current and Previous FOMC Statements (additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in March April indicates that the pace of improvement ... MND NewsWire - 8:05AM Lower Rates Didn't Help Mortgage Apps Last Week Despite mortgage interest rates that continued to decline, in the case of FHA loans retreating to levels last seen in 2013, mortgage activity decreased during the week ended June 10 ... Servicing Values Impacting Borrowers and Lenders; RESPA/CFPB Training and Events MBS Day Ahead: Perspective Ahead of Fed Latest Video Yellen on the outlook for rates Fed lowers rate forecasts for 2017 & 2018 Brexit could have US consequences: Yellen More News from 'Around the Web' Reuters - 4:35PM Bank rules not hindering U.S. economy: FDIC chief CNBC - 4:35PM Fed tells market: We're taking summer off Market Watch - 3:25PM Treasury yields tumble to lowest level since November 2012 after Fed decision Federal Reserve - 2:22PM Federal Reserve Board and Federal Open Market Committee release economic projections from the June 14-15 FOMC meeting CNBC - 2:22PM Fed leaves rates unchanged in June meeting CNBC - 2:22PM Odds for July rate hike drop after Fed CNBC - 1:18PM Focus your concerns on Brexit: Boockvar Market Watch - 1:12PM Why Gundlach thinks central banks are ‘losing control' Bloomberg - 11:49AM Pay Attention to These Words and Dots: Fed Decision-Day Guide www.builderonline.com - 9:28AM The Emotions Behind Home Buying Reuters - 9:27AM London traders brace for biggest night since 'Black Wednesday' Bloomberg - 9:26AM Bookies Are Still Pretty Sure Brexit Isn't Going to Happen Bloomberg - 9:22AM Kuroda Faces Unhappy Banks as BOJ's Policy Decision Looms CNBC - 9:22AM Industrial output falls 0.4 percent in May Reuters - 9:22AM U.S. producer prices rise on gasoline; underlying inflation weak Market Watch - 8:20AM Encore: Could the tide be turning on reverse mortgages? Today's Rates Best Execution Rate Change 30 Yr FRM 3.56% +0.00 15 Yr FRM 2.86% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.59% +0.00 5/1 Yr ARM 2.93% -0.01 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 3.0 103.08 +0.17 30YR FNMA 3.5 105.13 +0.13 30YR GNMA 3.0 103.91 +0.02 30YR GNMA 3.5 105.92 +0.13 15YR FNMA 3.0 104.59 -0.08 15YR FNMA 2.5 103.05 +0.02 Treasuries Yield Change 2 YR 0.6737% -0.0564 5 YR 1.0780% -0.0630 10 YR 1.5771% -0.0427 30 YR 2.4123% -0.0183 Prices as of: 6/15/2016 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.