Daily Newsletter: Home Price Gains Starting to Hurt Sales; Flood Insurance Life Support; When Will Boomer Exodus Begin?

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30 Year Fixed 4.72%   -0.01 15 Year Fixed 4.19%   -0.01 10YR Treasury 2.96%   -0.0130 FNMA 30YR 3.5 99.11   +0.11 FNMA 15YR 2.5 99.08   +0.05 View Today's Rates

Tuesday July 31, 2018 MND NewsWire - 10:13AM Home Price Gains are Beginning to Hurt Sales The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index put on a repeat performance for May. The index, which covers all nine U.S. census divisions, was up 6.4 percent ... MND NewsWire - 4:31PM Will We Be Ready When Boomers Exit Homeownership? Baby Boomers, the largest generation of Americans in history until the Millennials came along, have influenced the country since their birth and have created what could be described ... MND NewsWire - 4:35PM Congress Votes to Keep Flood Insurance on Life Support for 4 More Months Congress has once again snatched the National Flood Insurance Program (NFIP) away from its scheduled demise while setting the stage for needing to do it again. The program, which was ... Mortgage Rate Watch - 5:08PM Mortgage Rates Edge Lower; Volatility Potential Remains Mortgage rates fell modestly today, bringing them back in line with last Friday's levels. Most of the inspiration for the improvement came from overnight developments in Japan, where ... MBS Day Ahead: "Japan Effect" Tested; Torch Passed to Month-End Digital Products; Legal News and Lawsuits; Layoffs and Promotions Latest Video CNBC Fed Survey: 83% say Trump's comments on Fed policy are inappropriate CNBC Fed Survey: 90% see September rate hike Santelli Exchange: Central bank balance sheets More News from 'Around the Web' Calculated Risk Blog - 3:26PM Real House Prices and Price-to-Rent Ratio in May www.realtor.com - 3:25PM Young People Don't Want Construction Jobs. That's a Problem for the Housing Market. Bloomberg - 11:47AM US, China Said to Aim to Restart Talks to Defuse Trade War Bloomberg - 11:21AM US Employment Costs Increase From Year Ago by Most Since 2008 CNBC - 10:35AM Rising Risks: More intense flash floods hit overdeveloped real estate, destroying small-town America CNBC - 10:05AM Consumer confidence hits 127.4 in July, vs. 126.5 estimate Calculated Risk Blog - 9:09AM Personal Income increased 0.4% in June, Spending increased 0.4% Reuters - 8:33AM China's July manufacturing growth slows on trade dispute, softer domestic demand Reuters - 8:06AM Fed set to hold interest rates steady, remains on track for more hikes Reuters - 8:04AM Bonds gain, yen falters as BOJ pledges to keep rates low Today's Rates Best Execution Rate Change 30 Yr FRM 4.72% -0.01 15 Yr FRM 4.19% -0.01 FHA 30 Year Fixed 4.42% +0.00 Jumbo 30 Year Fixed 4.50% -0.01 5/1 Yr ARM 4.00% -0.01 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 4.52% 0.40 -0.01 15 Yr. Fixed 4.00% 0.40 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.87% 0.30 +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 96.39 +0.11 30YR FNMA 3.5 99.11 +0.11 30YR GNMA 3.0 97.58 +0.02 30YR GNMA 3.5 99.92 -0.05 15YR FNMA 3.0 99.08 +0.05 15YR FNMA 2.5 96.77 +0.03 Treasuries Yield Change 2 YR 2.6735% +0.0081 5 YR 2.8479% -0.0033 10 YR 2.9617% -0.0130 30 YR 3.0814% -0.0257 Prices as of: 7/31/2018 5:05PM 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: Mortgage Rates Edge to 2-Month Highs; Pending Sales Finally Break Recent Losing Streak For Housing

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30 Year Fixed 4.73%   +0.01 15 Year Fixed 4.20%   +0.01 10YR Treasury 2.97%   +0.0168 FNMA 30YR 3.5 99.00   -0.06 FNMA 15YR 2.5 99.03   -0.03 View Today's Rates

Monday July 30, 2018 Mortgage Rate Watch - 4:48PM Mortgage Rates Edge to 2-Month Highs Mortgage rates edged higher today, keeping alive a trend toward higher rates that began just over a week ago. While the overall amount of ground covered as a part of this move isn't ... MND NewsWire - 10:21AM Pending Sales Gained Ground in June, Continued Year-Over-Year Slump Pending home sales rose marginally again in June, beating the National Association of Realtors® (NAR's) Pending Home Sale Index (PHSI) for the previous month by 0.9 percent. The ... MBS Commentary - 9:54AM MBS Week Ahead: Incredibly Busy Week For Data and Events This week is rare in terms of the combination of economic data, events, and other relevant goings-on. If someone asked me to rattle off a few of the biggest market movers in terms of ... Pipeline Press - 8:54AM Bank Statement Programs; Upcoming Events; A Look at the Economy “Buy land – they’re not making any more of it.” Don’t tell that to Hawai’i. While California continues to burn, 2,400 miles to the southwest Hawai’i ... Freddie Mac's Mortgage Portfolio Up 3.8 Percent at Mid-Year Price, Fee, and Lock Changes; Libor Update; Yield Curve Inversion Latest Video JPMorgan's Jamie Dimon on the Fed and rising rates Tour the most expensive estate in America Pending home sales fall versus a year ago for sixth month More News from 'Around the Web' Bloomberg - 4:30PM Treasury Raises Borrowing Outlook With Second-Half Projection Hitting $769 Billion www.realtor.com - 3:59PM This Is How Much Money You Need to Pay Rent in the Biggest U.S. Cities CNBC - 3:55PM Interest rates could move higher this week no matter what Fed does CNBC - 3:55PM Insane things people will or won't do for a free home Calculated Risk Blog - 3:55PM Q2 2018 GDP Details on Residential and Commercial Real Estate blog.stewart.com - 1:34PM What's New in Real Estate Tech from Inman's Hacker Connect blog.stewart.com - 12:09PM Existing Home Sales in June 2018 Like a Slow Leaking Tire — Hard to Notice the Difference But the Dash Warning Light Just Illuminated Calculated Risk Blog - 10:47AM Dallas Fed: "Robust Expansion in Texas Manufacturing Continues; Uncertainty Picks Up" CNBC - 9:51AM Full-scale bailout for industries impacted by tariffs would cost $39 billion, Chamber of Commerce says Reuters - 8:32AM Euro zone economic sentiment edges lower in July Reuters - 8:09AM China tempts Britain with free trade, says door to U.S. talks open www.realtor.com - 8:08AM Cities Where People Own Their Homes the Longest—and Those Where They Pack Up Fast Today's Rates Best Execution Rate Change 30 Yr FRM 4.73% +0.01 15 Yr FRM 4.20% +0.01 FHA 30 Year Fixed 4.42% +0.00 Jumbo 30 Year Fixed 4.51% +0.01 5/1 Yr ARM 4.01% +0.01 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 4.52% 0.40 -0.01 15 Yr. Fixed 4.00% 0.40 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.87% 0.30 +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 96.28 -0.11 30YR FNMA 3.5 99.00 -0.06 30YR GNMA 3.0 97.56 +0.03 30YR GNMA 3.5 99.97 0.00 15YR FNMA 3.0 99.03 -0.03 15YR FNMA 2.5 96.73 -0.05 Treasuries Yield Change 2 YR 2.6654% -0.0121 5 YR 2.8512% +0.0050 10 YR 2.9747% +0.0168 30 YR 3.1071% +0.0217 Prices as of: 7/30/2018 5:05PM 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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