Daily Newsletter: Rates Bounce Higher; Brexit Effect on Refis; Auto Loans Predicting Mortgage Delinquency?

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30 Year Fixed 3.38%   +0.01 15 Year Fixed 2.72%   +0.00 10YR Treasury 1.51%   +0.0581 FNMA 30YR 3.5 105.44   -0.19 FNMA 15YR 2.5 104.86   -0.06 View Today's Rates

Monday August 1, 2016 Mortgage Rate Watch - 5:51PM Mortgage Rates Bounce Higher Mortgage rates moved higher today after hitting the lowest levels in roughly 2 weeks last Friday. Today's increase was fairly minimal in the big picture. In fact, most of Today's quotes ... MND NewsWire - 12:33PM "Brexit Effect" on Refis; Auto Loans Predicting Mortgage Delinquency -Black Knight The "Brexit Effect" is the focus of Black Knight Financial Service's current Mortgage Monitor. The report, covering June mortgage performance data, notes that the aftershocks from the ... Pipeline Press - 9:14AM CFPB: Small Loan Appraisals, Construction Loans, DAPs, and Lots More Have you ever heard of the AARMR? I know – as if this industry needs yet another acronym. Pronounced by those “in the know” as “armor,” it is the American ... MBS Commentary - 8:59AM MBS Day Ahead: Every NFP Week is Important Until Fed Hike (or Lack Thereof) Back in 2015--almost exactly a year ago, actually--the order of the day was determining the timing of the Fed's first rate hike since the financial crisis. By late October, we knew ... Construction Spending Ahead of 2015 Despite June Dip CFPB Requests Comments on TRID Changes Latest Video Santelli Exchange: The immortal 'abnormal' Sputtering US economy Recession fears rising More News from 'Around the Web' Market Watch - 5:49PM Bond Report: Treasury yields log largest daily jump in 2 weeks Calculated Risk Blog - 2:46PM Fed Survey: Banks tightened Standards on Commercial Real Estate, Residential Real Estate demand strengthened Market Watch - 12:16PM Traders bet Bank of England will deliver ‘Super Thursday' stimulus Bloomberg - 10:58AM Fed's Kaplan Says September 'On the Table' If Data Support Reuters - 10:55AM U.S. factory activity dips; construction spending weak eyeonhousing.org - 9:29AM Custom and Spec Home Market Shares in 2015 Washington Post - 8:17AM Is it possible to refinance too often? www.builderonline.com - 8:12AM Your Home Appraisal May Not be as High as You Think Bloomberg - 8:11AM Hedge Funds Betting Treasuries Rally Has Further to Run Calculated Risk Blog - 8:08AM Black Knight June Mortgage Monitor: "Brexit' Effect Increases Refinanceable Population to 8.7 Million" Today's Rates Best Execution Rate Change 30 Yr FRM 3.38% +0.01 15 Yr FRM 2.72% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.51% +0.01 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 3.48% 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 3.0 103.84 -0.22 30YR FNMA 3.5 105.44 -0.19 30YR GNMA 3.0 104.70 -0.23 30YR GNMA 3.5 106.19 -0.16 15YR FNMA 3.0 104.86 -0.06 15YR FNMA 2.5 103.52 -0.08 Treasuries Yield Change 2 YR 0.6828% +0.0196 5 YR 1.0670% +0.0417 10 YR 1.5129% +0.0581 30 YR 2.2520% +0.0693 Prices as of: 8/1/2016 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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