Daily Newsletter: How to Help Homebuyers; Rates Slightly Higher After Yesterday's Big Drop; Applications Down Again

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30 Year Fixed 4.55%   +0.02 15 Year Fixed 3.99%   +0.02 10YR Treasury 2.86%   +0.0669 FNMA 30YR 3.5 99.66   -0.33 FNMA 15YR 2.5 99.44   -0.19 View Today's Rates

Wednesday May 30, 2018 Mortgage Rate Watch - 5:36PM Mortgage Rates Slightly Higher After Yesterday's Big Drop Mortgage rates were somewhat higher today as politicians struck a more conciliatory tone in Italy. To be clear, we are indeed talking about mortgage rates in the United States in relation ... MND NewsWire - 8:39AM Focus, Focus, Focus: Helping Buyers Find the Way Buying a home is a process with a lot of moving parts. Do buyers make it more complicated, or even drop out of the process because they tend, for many reasons, to focus on the wrong ... MND NewsWire - 8:07AM Mortgage Applications Decline for Sixth Consecutive Week Although interest rates extended their decline for the second week, the level of mortgage activity failed to respond. The Mortgage Bankers Association (MBA) said its Market Composite ... MBS Commentary - 8:44AM MBS Day Ahead: Rally's Resolve Already Tested; Mind The Gap Today begins with yesterday's Italy-inspired mega rally under heavy fire. Compared to last Friday's closing levels, roughly half of the overall gains remain intact. That means the important ... Non-QM and Digital Products; Global Events Driving our Capital Markets Case-Shiller: Home Prices Up, Yet Again Latest Video Don't bet on bonds for yield Italy's woes a political crisis, not yet a financial crisis Mortgage apps down 2.9% vs. previous week More News from 'Around the Web' www.builderonline.com - 4:02PM The 2018 Public Builder Report Card Reuters - 2:24PM Italy's Cottarelli opens door to possible eurosceptic government CNBC - 2:23PM US factories shift into 'higher gear' despite trade worries, Fed says www.realtor.com - 2:23PM The Latest Real-Estate Trend? Coloring Books for Grown-Ups www.nytimes.com - 1:55PM Italy's 5-Star Urges Savona to Withdraw Candidacy as Economy Minister CNBC - 1:48PM Bond fund managed by Bill Gross has worst day ever www.realtor.com - 12:15PM Hawaii Homes in Lava's Path Were Built Decades Ago Despite Geologic Threat Reuters - 11:03AM Italy renews attempts to form a government and end turmoil blog.stewart.com - 9:49AM Commercial Real Estate Cycles Q1 2018 – Dr Glenn Mueller Calculated Risk Blog - 8:41AM Q1 GDP Revised down to 2.2% Annual Rate CNBC - 8:24AM Private-sector payrolls grew at a slower rate than expected in May Bloomberg - 8:16AM This Financier Became a Fed Power Playerâ€"From the Inside and Outside CNBC - 8:13AM Banks temper expectations for the first 'Volcker Rule' rewrite www.builderonline.com - 8:11AM Homeowners Who Remodel Will Spend an Estimated $7,893 Per Home in 2018 Bloomberg - 8:10AM Italy Bonds Pass Auction Test in a Sign of Easing Market Jitters Today's Rates Best Execution Rate Change 30 Yr FRM 4.55% +0.02 15 Yr FRM 3.99% +0.02 FHA 30 Year Fixed 4.33% +0.03 Jumbo 30 Year Fixed 4.62% +0.03 5/1 Yr ARM 3.92% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.68% 0.46 -0.01 15 Yr. Fixed 4.12% 0.51 +0.05 30 Yr. Jumbo 4.55% 0.37 +0.00 30 Yr. FHA 4.69% 0.81 -0.04 5/1 ARM 3.83% 0.68 -0.10 Freddie Mac ** 30 Yr. Fixed 4.66% 0.40 +0.05 15 Yr. Fixed 4.15% 0.40 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.87% 0.30 +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 96.91 -0.34 30YR FNMA 3.5 99.66 -0.33 30YR GNMA 3.0 97.89 -0.36 30YR GNMA 3.5 100.45 -0.28 15YR FNMA 3.0 99.44 -0.19 15YR FNMA 2.5 97.41 -0.23 Treasuries Yield Change 2 YR 2.4155% +0.0804 5 YR 2.6828% +0.0820 10 YR 2.8568% +0.0669 30 YR 3.0253% +0.0492 Prices as of: 5/30/2018 5:06PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Rates Hit Holiday Weekend at Recent Lows; Homebuyers Battle Trifecta of Headwinds

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30 Year Fixed 4.61%   -0.06 15 Year Fixed 4.04%   -0.06 10YR Treasury 2.93%   -0.0457 FNMA 30YR 3.5 99.31   +0.30 FNMA 15YR 2.5 99.14   +0.16 View Today's Rates

Friday May 25, 2018 Mortgage Rate Watch - 5:02PM Mortgage Rates Hit Holiday Weekend at Recent Lows Mortgage rates moved much lower this week with another strong move today. As we discussed yesterday, this is certainly at odds with the prevailing news coverage, which continues to ... MND NewsWire - 10:18AM Homebuyers Battle the Trifecta: Rates, Inventory, and Prices The May edition of Freddie Mac's monthly Outlook , produced by its Economic & Housing Research Group, is focused on the resiliency of the American homebuyer . It notes that, "Through ... Pipeline Press - 9:07AM Jumbo, Non-QM, ARM Lender and Investor Trends Did you know that the number of female chief executives of Fortune 500 companies this year declined by 25 percent (from 32 to 24)? Not good. One of the highlights for me of this week’s ... MND NewsWire - 8:10AM Flipping; Turning into a Dangerous Game? CoreLogic says flipping is back. The term applies to the act of buying, renovating and/or repairing a house, then reselling it, all within a short timeframe. Investors who specialize ... MBS Day Ahead: How did Such a Good Week Happen? Latest Video Yield curve signaling inflation is not coming back, says strategist Santelli Exchange: Global capital vs. regional polices Consumer sentiment index at 98.0 vs estimated 98.8 More News from 'Around the Web' CNBC - 4:02PM 10 states where you can buy the most home for $300,000 Bloomberg - 1:59PM Fed's Powell Leads Global Call for Central Bank Independence eyeonhousing.org - 1:25PM NAHB Releases Remodeling by Zip Code Estimates for 2018 CNBC - 1:15PM Charts show the largest bond ETF is on track for its worst year in history, market watcher says CNBC - 10:06AM Consumer sentiment hits 98 in May vs. 98.8 estimate Calculated Risk Blog - 9:42AM Fed Chair Powell: "Financial Stability and Central Bank Transparency" CNBC - 9:24AM Fed chief Powell: We're still assessing 'efficiency' of banking reforms CNBC - 9:00AM US durable goods orders drop 1.7% in April, but core capital goods orders rose as shipments rebounded www.realtor.com - 8:17AM Reforming Lending Reform: 3 Things Home Buyers Should Know About the New Law Today's Rates Best Execution Rate Change 30 Yr FRM 4.61% -0.06 15 Yr FRM 4.04% -0.06 FHA 30 Year Fixed 4.40% -0.02 Jumbo 30 Year Fixed 4.65% -0.05 5/1 Yr ARM 3.95% +0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.68% 0.46 -0.01 15 Yr. Fixed 4.12% 0.51 +0.05 30 Yr. Jumbo 4.55% 0.37 +0.00 30 Yr. FHA 4.69% 0.81 -0.04 5/1 ARM 3.83% 0.68 -0.10 Freddie Mac ** 30 Yr. Fixed 4.66% 0.40 +0.05 15 Yr. Fixed 4.15% 0.40 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.87% 0.30 +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 96.50 +0.34 30YR FNMA 3.5 99.31 +0.30 30YR GNMA 3.0 97.30 +0.09 30YR GNMA 3.5 100.02 +0.08 15YR FNMA 3.0 99.14 +0.16 15YR FNMA 2.5 97.16 +0.16 Treasuries Yield Change 2 YR 2.4798% -0.0323 5 YR 2.7635% -0.0506 10 YR 2.9313% -0.0457 30 YR 3.0904% -0.0362 Prices as of: 5/25/2018 2:06PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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