Daily Newsletter: Builder Confidence Matches Post-Crisis High; Rates Getting Nervous Ahead of Fed; Fannie/Freddie Changes

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30 Year Fixed 3.47%   +0.00 15 Year Fixed 2.82%   +0.00 10YR Treasury 1.71%   +0.0192 FNMA 30YR 3.5 105.16   -0.11 FNMA 15YR 2.5 104.63   -0.06 View Today's Rates

Monday September 19, 2016 Mortgage Rate Watch - 5:09PM Mortgage Rates Steady to Slightly Higher Mortgage Rates were unchanged for a third straight day, although several lenders did raise rates at the end of the day. That can happen when underlying bond markets (which dictate mortgage ... MND NewsWire - 10:50AM Builder Confidence Matches Post-Crisis High After half a year of barely budging the Housing Market Index (HMI ) surged by six points in September. The index, jointly sponsored by the National Association of Home Builders (NAHB ... MND NewsWire - 10:19AM Impac to Raise Funds; Servicing Packages; Fannie/Freddie Program Changes You’ve made it to “Talk like a Pirate” day. Many lenders are saying, “Arrggghh” when it comes to appraisals. Mike Simmons with Axis AMC put some things ... MBS Commentary - 10:06AM MBS Day Ahead: Fed and Bank of Japan on Wednesday The past several years have marked a historically low level of a volatility in interest rates. People define volatility in different ways, so let's just agree that the gaps between ... Resurgence of PMI Could Force FHA to Cut Premiums Free HMDA Data Dashboard; Prison for Mortgage-Related Crime; FHA, Ginnie, and Servicing Updates Latest Video Richard Fisher: Here's what Fed will do this week Housing market fundamentals strongest since 2007: Pro Home builder sentiment big surprise to the upside More News from 'Around the Web' Bloomberg - 5:24PM Deutsche Bank Said to Securitize Corporate Loans to Offload Risk CNBC - 4:03PM Gundlach: Fed will include 'hawkish no-hike' language Google News - 3:09PM NAR Identifies Top 10 Markets in Dire Need of More Single-family Housing Starts The Atlantic - 3:06PM Brokering the American Dream Calculated Risk Blog - 3:06PM Kolko: "Unpacking the Jump In Median Household Income" Bloomberg - 12:53PM Why 'Quantitative Tightening' May Again Become a Problem for Markets CNBC - 11:32AM Op-Ed: This is the canary in the 35-year bond bull market Market Watch - 10:25AM Bundesbank defends ECB over QE and inequality CNBC - 10:24AM Homebuilder sentiment jumps to highest level in nearly a year CNBC - 10:24AM The 10 best places to live in America in 2016 Bloomberg - 8:33AM Shadow Lenders Step In for Banks Facing U.S. Property Warnings webfeeds.brookings.edu - 8:33AM Census report of big jump in income is a little too good to be true Market Watch - 8:32AM What happened to the 'starter home?' CNBC - 8:29AM Fed policy is gutting basic financial infrastructure, Richard Fisher says CNBC - 8:29AM For Yellen, a September Fed surprise could close confidence gap CNBC - 8:26AM US bonds rise ahead of Fed and BOJ meetings Today's Rates Best Execution Rate Change 30 Yr FRM 3.47% +0.00 15 Yr FRM 2.82% +0.00 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.62% +0.00 5/1 Yr ARM 2.85% -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 3.50% 0.50 +0.06 15 Yr. Fixed 2.77% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.40 +0.01 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 3.0 103.31 -0.19 30YR FNMA 3.5 105.16 -0.11 30YR GNMA 3.0 104.28 -0.19 30YR GNMA 3.5 106.06 -0.09 15YR FNMA 3.0 104.63 -0.06 15YR FNMA 2.5 103.16 -0.09 Treasuries Yield Change 2 YR 0.7784% +0.0082 5 YR 1.2164% +0.0180 10 YR 1.7083% +0.0192 30 YR 2.4551% +0.0175 Prices as of: 9/19/2016 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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