Daily Newsletter: Rates Near 1-Month Lows; Realtor Commission Revelations; Refi Apps Surge; Boomer Opportunity

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30 Year Fixed 3.38%   -0.02 15 Year Fixed 2.74%   -0.01 10YR Treasury 1.51%   -0.0362 FNMA 30YR 3.5 105.45   -0.03 FNMA 15YR 2.5 104.97   +0.09 View Today's Rates

Wednesday August 10, 2016 Mortgage Rate Watch - 4:27PM Mortgage Rates Back to August Lows Mortgage rates improved again today , bringing them back in line with the lowest levels of the month. Considering that today is only the 10th day of the month, that might not mean too ... MND NewsWire - 3:18PM RedFin Sees Big Changes Coming to Real Estate Commission Model Homebuyers and sellers are both apparently finding discounts and rebates readily available in the real estate world. Redfin, the Seattle-based real estate brokerage firm says that a ... MND NewsWire - 9:21AM Refi Apps Surge, Thanks to Timing A slight downturn in mortgage interest rates during the week ended August 5 was more than matched by a surge in mortgage activity. Once again it was refinancing that drove most of the ... MND NewsWire - 3:15PM Freddie Mac: Boomer Opportunity Instead of writing off citizens in their golden years - or in this case semi-golden - Dave Lowman suggests lenders view them as a business opportunity . Unlike their own parents who ... Primer on Servicing Economics; Impact of Negative Rates; Upcoming Webinars/Conferences MBS Day Ahead: Another Way to Look at The Range; Why Did MBS Tank? Latest Video Weak demand at $23B auction of 10-year notes Santelli Exchange: The 3% 'non-solution' Santelli: 'What central banks are doing is absurd' More News from 'Around the Web' www.realtor.com - 4:48PM Could Millennial Homeownership Be on the Rise? Bloomberg - 3:10PM There Are All Kinds of Signs of a High-End Real Estate Slowdown www.realtor.com - 3:09PM Real-Estate Agents Who Use Photos on Business Cards: Smart or Silly? www.gallup.com - 1:31PM Americans' Assessment of U.S. Job Market Slightly Worse CNBC - 12:33PM Ben Bernanke explains why Fed's not going to be raising rates for a while Bloomberg - 12:30PM The Bank of England Just Learned a Lot About Bond Market Liquidity Calculated Risk Blog - 11:01AM BLS: Job Openings "little changed" in June Google News - 11:00AM Home-Price Gains Unfettered in Most Metro Areas during Second Quarter Market Watch - 11:00AM Bank of England's offer to buy bonds Wednesday met with strong demand Bloomberg - 9:33AM Watch Your Coastal Property. Here Comes the Sea Reuters - 9:33AM In recovering housing market, the starter home remains elusive Bloomberg - 9:32AM Homeowners Have Real Estate Agents Over a Barrel Calculated Risk Blog - 9:24AM "Scariest jobs chart ever" Bloomberg - 9:24AM Negative Yields Have Turned Bond Trading Into a Commodity Market Today's Rates Best Execution Rate Change 30 Yr FRM 3.38% -0.02 15 Yr FRM 2.74% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.48% -0.01 5/1 Yr ARM 2.81% -0.02 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 3.0 103.86 -0.02 30YR FNMA 3.5 105.45 -0.03 30YR GNMA 3.0 105.00 +0.14 30YR GNMA 3.5 106.38 +0.11 15YR FNMA 3.0 104.97 +0.09 15YR FNMA 2.5 103.66 +0.17 Treasuries Yield Change 2 YR 0.6900% -0.0240 5 YR 1.0748% -0.0340 10 YR 1.5126% -0.0362 30 YR 2.2330% -0.0294 Prices as of: 8/10/2016 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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