Daily Newsletter: Rates Steady to Slightly Lower; Delinquency Seasonality; More and More "Built-for-Rent"

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30 Year Fixed 3.41%   -0.01 15 Year Fixed 2.75%   -0.01 10YR Treasury 1.54%   -0.0357 FNMA 30YR 3.5 105.33   +0.08 FNMA 15YR 2.5 104.75   +0.06 View Today's Rates

Monday August 22, 2016 Mortgage Rate Watch - 4:14PM Mortgage Rates Steady to Slightly Lower Mortgage Rates were almost imperceptibly lower today, although underlying bond markets improved more noticeably. Why would rates not be more improved then? Part of the reason is the ... MND NewsWire - 2:16PM Delinquency Increase is Seasonal- Black Knight Mortgage delinquencies rose slightly in July; a change Black Knight Financial Services sees as seasonal. The number of mortgages that were 30 or more days past due but not in foreclosure ... MND NewsWire - 1:51PM More and More Homes Being Built to Rent While the numbers remain small, the National Association of Home Builders (NAHB) notes there is a slowly increasing trend of single-family homes being built specifically as rentals ... Pipeline Press - 9:29AM Only 3 New Banks in 7 Years? Servicing Packages; eMortgage Updates and Info Plenty of celebrities lose all their money, and then some, in various schemes. But here’s one Brady Bunch member that did pretty well in California residential real estate. So ... MBS Week Ahead: Jackson Hole Week Begins With Weakest Trend Since 2009 Fannie's Economic Outlook: No Hike in September Latest Video Impact of flooding on Louisiana housing market Fed is stuck: Sri-Kumar Housing trends: Pro More News from 'Around the Web' Reuters - 5:44PM U.S. appeals court declines to reconsider Bank of America ruling Market Watch - 3:03PM Economists not willing to give hawks like Fischer benefit of doubt Reuters - 3:01PM Exclusive: Former Fannie Mae CEO settles crisis-related lawsuit with SEC CNBC - 1:46PM The 15 best cities for first-time home-buyers Market Watch - 11:49AM Chicago Fed's national economic activity index improves to 12-month high Bloomberg - 11:46AM Goldman Says It's Too Late to Chase the Booming Real Estate Sector eyeonhousing.org - 9:23AM New Multifamily Rental Share Remains Strong Calculated Risk Blog - 8:26AM Black Knight's First Look at July Mortgage Data CNBC - 8:13AM Fed, oil and auctions in spotlight as US bonds remain cautious Bloomberg - 8:13AM Rate Hike or No, Bank of America Calls Treasuries a Winning Bet www.freddiemac.com - 8:09AM The Single Security: Testing the Pipes Today's Rates Best Execution Rate Change 30 Yr FRM 3.41% -0.01 15 Yr FRM 2.75% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.01 5/1 Yr ARM 2.84% -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 -0.02 15 Yr. Fixed 2.74% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.76% 0.40 +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 3.0 103.66 +0.14 30YR FNMA 3.5 105.33 +0.08 30YR GNMA 3.0 104.48 +0.17 30YR GNMA 3.5 106.08 +0.11 15YR FNMA 3.0 104.75 +0.06 15YR FNMA 2.5 103.33 +0.06 Treasuries Yield Change 2 YR 0.7418% -0.0082 5 YR 1.1364% -0.0277 10 YR 1.5441% -0.0357 30 YR 2.2378% -0.0483 Prices as of: 8/22/2016 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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