Daily Newsletter: Foreign Buyers Surge into U.S.; Affordability Troubling Builders; Rates Edge Lower

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30 Year Fixed 4.05%   -0.02 15 Year Fixed 3.34%   -0.01 10YR Treasury 2.26%   -0.0569 FNMA 30YR 3.5 102.95   +0.27 FNMA 15YR 2.5 102.78   +0.13 View Today's Rates

Tuesday July 18, 2017 MND NewsWire - 11:43AM Foreign Homebuyers Surge into U.S. Market Our neighbors to the north seem to think the grass is pretty green on this side of the fence. The National Association of Realtors® (NAR) says that foreign investment in the U.S ... MND NewsWire - 10:38AM Price Concerns Constrain Builder Confidence Home builder confidence continues backing down from its post-crisis peak earlier this year, although the National Association of Realtors (NAHB) calls results of its July survey "solid ... Mortgage Rate Watch - 3:45PM Mortgage Rates Moderately Lower Mortgage rates fell today, but continue to lagging behind the movements seen in underlying bond markets. Part of that has to do with the timing of bond market swings over the past few ... MBS Commentary - 9:12AM MBS Day Ahead: Bonds Thinking About a "Lead-Off" Ahead of Thursday It remains the case that Thursday is the focal point of the week, with European Central Bank (ECB) President Mario Draghi set to tell reporters how far away we are from a tapering announcement ... Current Lending Environment; FHA, VA News; HELOC Resets Doing Well Fannie Mae Sees Growth Slowing, Housing Restrained by Inventories Latest Video Foreigners snap up record number of US homes Home builder sentiment at eight-month low June import and export prices down 0.2% More News from 'Around the Web' CNBC - 3:38PM Luxury home sales jump in New York's Hamptons Bloomberg - 1:58PM Wealthy Investors Are Leaving Hedge Funds for Real Estate Calculated Risk Blog - 1:57PM Housing and Policy CNBC - 12:30PM Financial markets are starting to rethink the 'Trump Trade' after health bill failure Google News - 10:41AM Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion CNBC - 8:53AM US import prices post second monthly drop Reuters - 8:53AM Bank of America's quarterly profit rises 11 percent Reuters - 8:39AM New life in U.S. housing market not evident in big bank results Today's Rates Best Execution Rate Change 30 Yr FRM 4.05% -0.02 15 Yr FRM 3.34% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.34% -0.02 5/1 Yr ARM 3.20% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 4.03% 0.50 +0.07 15 Yr. Fixed 3.29% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.28% 0.50 +0.07 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 3.0 100.17 +0.31 30YR FNMA 3.5 102.95 +0.27 30YR GNMA 3.0 101.47 +0.38 30YR GNMA 3.5 103.80 +0.16 15YR FNMA 3.0 102.78 +0.13 15YR FNMA 2.5 100.77 +0.22 Treasuries Yield Change 2 YR 1.3518% -0.0080 5 YR 1.8113% -0.0465 10 YR 2.2572% -0.0569 30 YR 2.8461% -0.0555 Prices as of: 7/18/2017 4:15PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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