Daily Newsletter: New Home Sales hit 8-Year High; Price Appreciation Slows; Foreclosure Starts Increase; Rates at 1-Month High

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30 Year Fixed 3.45%   +0.01 15 Year Fixed 2.79%   +0.02 10YR Treasury 1.56%   -0.0138 FNMA 30YR 3.5 105.20   +0.02 FNMA 15YR 2.5 104.59   -0.03 View Today's Rates

Tuesday July 26, 2016 Mortgage Rate Watch - 4:58PM Mortgage Rates at 1-Month Highs Mortgage rates moved slightly higher today, and are now effectively at the highest levels in month. That sounds a bit more dire than it is, though, because there hasn't been much movement ... MND NewsWire - 11:39AM Foreclosure Starts Buck Generally Positive Mortgage Trends Foreclosure starts rose in June for the second month in a row but Black Knight Financial Services, in its "first look" at the month's mortgage performance data, says the increase did ... MND NewsWire - 10:43AM Price Appreciation Slowing Down -Case-Shiller The newly named S&P CoreLogic Case-Shiller Indices noted a continued rise in prices across the country although some monthly indices declined . The National Index which covers all ... MND NewsWire - 10:37AM New Home Sales Surge to 8-Year High Sales of newly constructed homes posted a gain in June, rising 3.5 percent from the May estimate. The Census Bureau and the Department of Housing and Urban Development put new home ... FHA, VA, IRS, and Renegotiation Policy Changes; Upcoming Training and Events MBS Day Ahead: It Could Change Any Moment (but Probably Won't) Latest Video Santelli: Fed meeting not likely to be data dependent Wealthy overseas buyers to face new real estate tax Former Dallas Fed V.P. on the FOMC More News from 'Around the Web' CNBC - 6:01PM Dovish Wall Street Now Sees Just One Rate Hike This Year freddiemac.mwnewsroom.com - 5:52PM Freddie Mac Issues Monthly Volume Summary for June 2016 Fannie Mae - 5:51PM Fannie Mae Enhances HomeReady Mortgage to Expand Access to Credit for Eligible Borrowers Calculated Risk Blog - 4:20PM Real Prices and Price-to-Rent Ratio in May www.realtor.com - 2:15PM Why Aren't More New Homes Selling When Demand Is Soaring? Bloomberg - 1:13PM El-Erian: Market Too Complacent About Fed Rates Calculated Risk Blog - 12:22PM A few Comments on June New Home Sales Reuters - 10:28AM U.S. new home sales rise to near eight-and-a-half year high in June Calculated Risk Blog - 9:04AM Black Knight's First Look at June Mortgage Data CNBC - 9:04AM S&P/Case-Shiller: US home prices rise 5.2% in May; gains ease from prior month www.corelogic.com - 8:05AM CoreLogic Reports Second Quarter 2016 Financial Results Bloomberg - 8:04AM Why It's So Hard to Build Affordable Housing: It's Not Affordable Bloomberg - 8:03AM EverBank in 'Advanced' Takeover Talks With Undisclosed Bidder Today's Rates Best Execution Rate Change 30 Yr FRM 3.45% +0.01 15 Yr FRM 2.79% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.57% +0.02 5/1 Yr ARM 2.89% +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 3.45% 0.50 +0.03 15 Yr. Fixed 2.75% 0.50 +0.03 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 3.0 103.41 -0.02 30YR FNMA 3.5 105.20 +0.02 30YR GNMA 3.0 104.27 +0.03 30YR GNMA 3.5 105.92 +0.03 15YR FNMA 3.0 104.59 -0.03 15YR FNMA 2.5 103.16 -0.05 Treasuries Yield Change 2 YR 0.7579% +0.0226 5 YR 1.1364% -0.0049 10 YR 1.5628% -0.0138 30 YR 2.2837% -0.0077 Prices as of: 7/26/2016 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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