Daily Newsletter: Rates Threaten to Break Range; GSEs Survive Stress Test; Return of The Bidding War

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.43%   +0.02 15 Year Fixed 2.77%   +0.02 10YR Treasury 1.59%   +0.0000 FNMA 30YR 3.5 105.34   -0.03 FNMA 15YR 2.5 104.84   0.00 View Today's Rates

Monday August 8, 2016 Mortgage Rate Watch - 4:29PM Mortgage Rates Threatening to Break Post-Brexit Range Mortgage rates continued higher today, extending a sharp move that began on Friday following stronger-than-expected employment data. There are two distinctly different ways to look ... MND NewsWire - 3:33PM Stress Test Scenario Would Not Exhaust GSEs' Stockpiles Fannie Mae and Freddie Mac have released results of their respective performances on the " Severely Adverse scenario" of the stress tests required under the Dodd-Frank Wall Street Reform ... MND NewsWire - 10:19AM Return of The Bidding War, But Only For Certain States The phenomenon is very uneven geographically, but CoreLogic says that one factor behind the sustained pace of home price appreciation is the return of bidding wars . The company's analysis ... Pipeline Press - 10:08AM Mixed Lender Earnings; 900 Pages of Revised Servicing Rules; Who Can Keep Up? There’s no question that rent levels in many urban areas are helping lenders. Research by ApartmentList.com finds the most expensive cities, in order for apartment rents, are ... MBS Week Ahead: Bonds Attempt to Defend Against Highest Yields Since Brexit Changes Proposed to Calculation of HPML Appraisal Requirement Threshold Latest Video Jobs vs. GDP Record high for S&P 500 A tale of two economic numbers More News from 'Around the Web' www.realtor.com - 3:24PM Threat of Lawsuits Crimps Condo Developments Calculated Risk Blog - 11:28AM Phoenix Real Estate in July: Sales down 2%, Inventory up 3% YoY webfeeds.brookings.edu - 9:57AM Bernanke: The Fed's shifting perspective on the economy and its implications for monetary policy eyeonhousing.org - 9:55AM New Single-Family Home Foundation Types in 2015 Bloomberg - 8:43AM Bond Market's Big Illusion Revealed as U.S. Yields Turn Negative - Bloomberg Washington Post - 8:42AM The next big fight over housing could happen, literally, in your back yard Today's Rates Best Execution Rate Change 30 Yr FRM 3.43% +0.02 15 Yr FRM 2.77% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.57% +0.02 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 -0.05 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 3.0 103.66 -0.02 30YR FNMA 3.5 105.34 -0.03 30YR GNMA 3.0 104.59 -0.03 30YR GNMA 3.5 106.09 -0.03 15YR FNMA 3.0 104.84 0.00 15YR FNMA 2.5 103.41 -0.05 Treasuries Yield Change 2 YR 0.7260% -0.0001 5 YR 1.1444% +0.0097 10 YR 1.5885% +0.0000 30 YR 2.3019% -0.0128 Prices as of: 8/8/2016 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.