Daily Newsletter: Rates at 2-Week Lows After GDP; CFPB's TRID Changes; Jumbo Market Woes; Homeownership Lows

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30 Year Fixed 3.37%   -0.02 15 Year Fixed 2.72%   -0.02 10YR Treasury 1.45%   -0.0513 FNMA 30YR 3.5 105.63   +0.20 FNMA 15YR 2.5 104.92   +0.09 View Today's Rates

Friday July 29, 2016 Mortgage Rate Watch - 4:15PM Mortgage Rates Down to 2-Week Lows After GDP Mortgage rates enjoyed another strong day, falling to the best levels in exactly 2 weeks. Rates were actually set to move higher early this morning, but a much weaker-than-expected ... MND NewsWire - 12:44PM CFPB Requests Comments on TRID Changes The Consumer Financial Protection Bureau (CFPB) is proposing changes to its Know Before You Owe Mortgage Disclosure Act, usually referred to in the industry as TRID. CFPB said the changes ... Pipeline Press - 10:28AM Fannie And Freddie Changes; Jumbo Market Altering And Not For The Better "Buy land - they're not making any more of it." And the reverse is happening in Louisiana. Say what you want about global warming, or inappropriate levy building, the fact is that the ... MND NewsWire - 9:28AM Homeownership Dips to All-Time Low Homeownership rates, which have been declining since the end of the housing boom, hit an a ll-time low in the second quarter of 2016 . The rate at the end of the period was 62.9 percent ... MBS Day Ahead: Bank of Japan Disappointment Offsets FOMC Excitement CoreLogic: Slow Start for Cash Sales this Year Latest Video Housing & GDP Lots of GDP revisions Chicago PMI 55.8 (July) vs. 56.8 (June) More News from 'Around the Web' Reuters - 4:33PM 'Sell everything,'DoubleLine's Gundlach says Calculated Risk Blog - 4:33PM Lawler: Homebuilder Summary Table for Q2 2016 www.realtor.com - 2:44PM Land Scarce for Luxury Homes Reuters - 12:46PM Fed's Williams downplays GDP weakness, sees rate hikes Calculated Risk Blog - 12:15PM Q2 GDP: Investment Slump CNBC - 12:15PM What your friends do on Facebook could directly affect the house you live in Market Watch - 11:26AM Fed's Williams says he's not concerned about a recession Reuters - 10:34AM Investors continue equity exodus, buy bonds and emerging markets Calculated Risk Blog - 10:34AM Chicago PMI declines in July, Final July Consumer Sentiment at 90.0 CNBC - 8:57AM Apartment market 'increasingly jittery' CNBC - 8:57AM US economy grows a weak 1.2 percent in Q2 as inventories fall Reuters - 8:14AM Global funds cut share holdings to five-year lows as Brexit bites Today's Rates Best Execution Rate Change 30 Yr FRM 3.37% -0.02 15 Yr FRM 2.72% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.50% -0.02 5/1 Yr ARM 2.84% -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 3.48% 0.50 +0.03 15 Yr. Fixed 2.78% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 +0.00 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 3.0 104.06 +0.25 30YR FNMA 3.5 105.63 +0.20 30YR GNMA 3.0 104.94 +0.31 30YR GNMA 3.5 106.34 +0.22 15YR FNMA 3.0 104.92 +0.09 15YR FNMA 2.5 103.59 +0.19 Treasuries Yield Change 2 YR 0.6632% -0.0513 5 YR 1.0253% -0.0610 10 YR 1.4548% -0.0513 30 YR 2.1827% -0.0477 Prices as of: 7/29/2016 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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Daily Newsletter: Mortgage Rates' Best Day Since Brexit; Slow Start for Cash Sales; Everbank to be Acquired; Servicing Woes

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30 Year Fixed 3.39%   -0.05 15 Year Fixed 2.74%   -0.05 10YR Treasury 1.51%   +0.0034 FNMA 30YR 3.5 105.42   +0.02 FNMA 15YR 2.5 104.83   +0.03 View Today's Rates

Thursday July 28, 2016 Mortgage Rate Watch - 3:56PM Best Day Since Brexit For Mortgage Rates Mortgage rates fell at the quickest pace in more than a month today as lenders priced-in the market improvements seen after yesterday's Fed Announcement. Even though quite a few lenders ... MND NewsWire - 4:59PM CoreLogic: Slow Start for Cash Sales this Year Cash sales continued to account for a significant portion of all home sales in April. CoreLogic said on Wednesday that 31.6 percent of home sales that month were all cash , down 1.6 ... Pipeline Press - 9:44AM EverBank On The Block; First Time Buyer Survey; Servicing Market Troubles Hitting Rates I don’t know how it is that we only have two business days left in July – time flies. For me this month has included Honolulu, Denver, Sacramento, San Francisco, and now ... MBS Commentary - 9:06AM MBS Day Ahead: Momentum Should Be in Our Favor, But Challenges Remain One tricky thing about technical analysis (things like moving averages and other mathematical formulas applied to charts in order to get them to cough up more information about where ... Fannie Mae Upgrades 3 Percent-Down Mortgage Program Pending Home Sales Stabilize, But Miss Estimates Latest Video Rate hike predictions The dollar tells the tale of the Fed Bank of Japan under pressure after Abe's stimulus plan More News from 'Around the Web' Bloomberg - 12:52PM Three Things That Show Investors Are Making a Huge Bet on Low Interest Rates CNBC - 12:52PM Homeownership rate lowest since 1965 CNBC - 11:33AM US crude dips into technical bear market, down 20% from 2016 high CNBC - 11:05AM Big banks up their odds of a rate hike this year National Housing Conference - 11:05AM How affordable housing gets built freddiemac.mwnewsroom.com - 11:05AM Mortgage Rates up Slightly Bloomberg - 11:05AM Greenspan 'Nervous' Bond Prices Too High, Sees Stagflation Ahead CNBC - 9:11AM US advance June goods trade deficit $63.3 billion Reuters - 9:11AM U.S. jobless claims increase; labor market still strong www.realtor.com - 8:16AM America's 20 Hottest Real Estate Markets for July 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.39% -0.05 15 Yr FRM 2.74% -0.05 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.04 5/1 Yr ARM 2.85% -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 3.48% 0.50 +0.03 15 Yr. Fixed 2.78% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 +0.00 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 3.0 103.81 +0.06 30YR FNMA 3.5 105.42 +0.02 30YR GNMA 3.0 104.63 +0.03 30YR GNMA 3.5 106.13 -0.02 15YR FNMA 3.0 104.83 +0.03 15YR FNMA 2.5 103.41 0.00 Treasuries Yield Change 2 YR 0.7145% -0.0079 5 YR 1.0863% -0.0049 10 YR 1.5061% +0.0034 30 YR 2.2304% +0.0139 Prices as of: 7/28/2016 4:32PM 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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