Daily Newsletter: Rates Edge Higher; Slow Week For Mortgage Apps; Anti-Money Laundering Discussion

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30 Year Fixed 3.40%   +0.01 15 Year Fixed 2.74%   +0.01 10YR Treasury 1.55%   -0.0069 FNMA 30YR 3.5 105.39   +0.06 FNMA 15YR 2.5 104.81   0.00 View Today's Rates

Wednesday August 3, 2016 Mortgage Rate Watch - 5:09PM Mortgage Rates Edge Higher Despite Market Improvement Mortgage rates were nominally higher today, though you'd be hard-pressed to find any evidence of that on lender rate sheets. For all practical purposes, rates haven't moved since last ... Pipeline Press - 9:27AM Money Laundering Discussion; AML Programs; Builder Trends Huh? There is now a robot that can build a house in two days ? Sounds pretty good to me... It is certainly a step toward lessening the labor constraint problems that builders have. ... MND NewsWire - 8:19AM Another Slow Week for Mortgage Applications Despite interest rates that were lower across the board mortgage applications activity sagged during the week ended July 29. The Mortgage Bankers Association (MBA) said its Market Composite ... MBS Commentary - 9:13AM MBS Day Ahead: Bonds Head to Tribal Council, Econ Data Casts Votes Even if you're like me and have only watched survivor a few times, that's enough to understand the dynamic in bond markets today. Bonds can "survive" by holding under 1.59% in terms ... Freddie Mac Won't Need Taxpayer Help After All Home Price Gains Continue Cooling Latest Video Evans: One hike could be appropriate this year Santelli Exchange: The 'error of margin' ISM non-manufacturing index 55.5 (July) vs. 56.5 (May) More News from 'Around the Web' www.cfpbmonitor.com - 5:08PM CFPB outlines future principles for loss mitigation Reuters - 5:08PM Fed's Kashkari says low inflation affords 'luxury' of low rates Reuters - 5:08PM Wells Fargo says no material impact from Brexit vote Market Watch - 1:28PM Fed's Evans is open to 1 interest rate hike in 2016 Washington Post - 12:17PM A pervasive form of housing discrimination that's still legal CNBC - 10:06AM ISM non-manufacturing index hits 55.5 in July, versus 56 estimate www.gallup.com - 9:38AM U.S. Job Creation Remains at Post-Recession High in July Reuters - 9:38AM U.S. private sector adds 179,000 jobs in July: ADP Bloomberg - 8:24AM Where First-Time Homebuyers Can Go Big Bloomberg - 8:23AM Global Bond Market Rally Unravels as Japan Shows Limit to Demand CNBC - 8:23AM Is this the beginning of the end of negative yields? NAFCU - 8:21AM CFPB outlines principles for foreclosure prevention Today's Rates Best Execution Rate Change 30 Yr FRM 3.40% +0.01 15 Yr FRM 2.74% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.53% +0.00 5/1 Yr ARM 2.82% -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 3.0 103.73 +0.06 30YR FNMA 3.5 105.39 +0.06 30YR GNMA 3.0 104.73 +0.17 30YR GNMA 3.5 106.16 +0.08 15YR FNMA 3.0 104.81 0.00 15YR FNMA 2.5 103.48 +0.05 Treasuries Yield Change 2 YR 0.6708% -0.0080 5 YR 1.0718% -0.0129 10 YR 1.5454% -0.0069 30 YR 2.2949% -0.0099 Prices as of: 8/3/2016 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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