Daily Newsletter: Housing Distress Dwindling, Confidence Surging; Rates Bounce Lower to Stay in Range

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30 Year Fixed 3.40%   -0.03 15 Year Fixed 2.75%   -0.02 10YR Treasury 1.55%   -0.0397 FNMA 30YR 3.5 105.48   +0.14 FNMA 15YR 2.5 104.88   +0.03 View Today's Rates

Tuesday August 9, 2016 MND NewsWire - 9:32AM Signs of Housing Distress Continue to Shrink The national foreclosure scenario continues to improve . CoreLogic's June National Foreclosure Report shows the foreclosure inventory declined by 25.9 percent from the previous June ... Mortgage Rate Watch - 4:07PM Mortgage Rates Bounce Lower to Remain in Recent Range It was a good day for mortgage rates . After moving higher at a somewhat disconcerting pace last Friday, rates were quickly approaching the upper boundary of their post-Brexit range ... MND NewsWire - 9:28AM Housing Confidence Highest Since Fannie Began Keeping Track in 2011 Fannie Mae's Home Purchase Sentiment Index (HPSI) made, what for it, was a significant jump in July, reaching the highest level in the history of the National Housing Survey from which ... Pipeline Press - 9:16AM EverBank Deal Inked; Walter Sells Servicing - Experts Weigh in on Riled Servicing Market Let’s hope this is not a “here we go again” situation. RealtyTrac reports home flipping (defined as a property that is bought and resold within 1-year period) has ... MBS Day Ahead: Bond Market Trend About as Weak as it Gets Return of The Bidding War, But Only For Certain States Latest Video Santelli Exchange: Corporate 'insecurities' Santelli Exchange: Productivity and the Fed New foreclosures reach 18-year low More News from 'Around the Web' CNBC - 3:57PM Silicon Valley real estate shows who's winning in tech right now www.cfpbmonitor.com - 3:57PM Fed to host conference on financial innovation Bloomberg - 3:56PM BOE Can't Find Enough Sellers as QE Operation Falls Short Calculated Risk Blog - 3:54PM Las Vegas Real Estate in July: Sales down 10% YoY, Inventory down 1% Market Watch - 1:29PM Companies defy logic with record bond issuance and tighter spreads: What gives? CNBC - 11:46AM US household debt rises to $12T in Q2: NY Fed survey CNBC - 10:04AM Wholesale inventories rise in June Bloomberg - 10:04AM A Deep Dive Into Bonds and the Global Yield Grab PR Newswire - 10:02AM Equifax: First mortgage defaults at lowest level since January 2007 NAFCU - 8:42AM Fannie home purchase sentiment index hits new high Bloomberg - 8:41AM U.S. Bond Retreat Confounds Analysts as Fed Rate Bets Revive www.freddiemac.com - 8:41AM Three Reasons Why Baby Boomer Homeowners are a Market to Watch CNBC - 8:41AM US productivity unexpectedly drops for third straight quarter Today's Rates Best Execution Rate Change 30 Yr FRM 3.40% -0.03 15 Yr FRM 2.75% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.49% -0.08 5/1 Yr ARM 2.83% -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 3.43% 0.50 -0.05 15 Yr. Fixed 2.74% 0.50 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.73% 0.50 -0.05 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 3.0 103.88 +0.22 30YR FNMA 3.5 105.48 +0.14 30YR GNMA 3.0 104.86 +0.27 30YR GNMA 3.5 106.27 +0.17 15YR FNMA 3.0 104.88 +0.03 15YR FNMA 2.5 103.48 +0.08 Treasuries Yield Change 2 YR 0.7140% -0.0120 5 YR 1.1088% -0.0356 10 YR 1.5488% -0.0397 30 YR 2.2624% -0.0395 Prices as of: 8/9/2016 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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