Daily Newsletter: Mortgage Statistics Suggest a Friendly, Falling-Rate Environment; Single-Fam Construction Hit Hard

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30 Year Fixed 3.82%   +0.01 15 Year Fixed 3.63%   +0.02 10YR Treasury 2.03%   -0.0122 FNMA 30YR 3.5 102.14   -0.05 FNMA 15YR 2.5 101.86   -0.02 View Today's Rates

Monday July 1, 2019 MND NewsWire - 9:24AM Prepayments and Refinancing Reflect a Friendly Falling Rate Environment May mortgage performance data indicates that the mortgage finance industry might consider shifting priorities for a while. Black Knight, in the current edition of its Mortgage Monitor ... MND NewsWire - 11:59AM Single-Family Construction Spending Gets Hit Hard, Down From Last Year Construction spending in May, dipping 0.8 percent compared to April's seasonally adjusted annual rate of $1.304 trillion to $1.294 trillion. On an annual basis, overall spending is ... Mortgage Rate Watch - 5:30PM Mortgage Rates Slightly Higher to Begin Risky Week Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated a pick-up in volatility as rates ... MBS Commentary - 9:37AM MBS Week Ahead: What Trade Deal? Bring On The Data! In the week just past, bonds avoided a negative correction following the previous week's Fed-induced rally. There was plenty of back and forth, but it was all contained inside the range ... DPA, Warehouse Products; Conventional Conforming News: Agency Reform? Not so Fast! Broker, Appraisal Products; Investor Policy and Procedure Changes Latest Video How this company is changing down payments on homes Fed faces balancing act as it tries not to spook markets, says expert Don't expect trade deal soon, says former US ambassador to China More News from 'Around the Web' CNBC - 5:51PM Trump says renewed trade talks with China are 'already underway' www.realtor.com - 3:57PM American Suburbs Swell Again as a New Generation Escapes the City Bloomberg - 1:45PM Your Phone Could Help Make Mortgage Bond Traders Miserable eyeonhousing.org - 11:42AM The Effect of Affordable Housing on the Surrounding Neighborhood CNBC - 10:22AM US construction spending unexpectedly fell in May Calculated Risk Blog - 10:21AM ISM Manufacturing index Decreased to 51.7 in June www.bbc.com - 8:37AM G20 summit: Trump and Xi agree to restart US-China trade talks Reuters - 8:15AM As U.S. expansion notches record, recovery may have only just begun Bloomberg - 8:04AM Traders Seen Sticking to Fed Rate-Cut Bets as Tariffs Remain Today's Rates Best Execution Rate Change 30 Yr FRM 3.82% +0.01 15 Yr FRM 3.63% +0.02 FHA 30 Year Fixed 3.62% +0.02 Jumbo 30 Year Fixed 3.89% +0.02 5/1 Yr ARM 3.65% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 3.73% 0.50 -0.11 15 Yr. Fixed 3.16% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.09 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 3.0 100.64 -0.13 30YR FNMA 3.5 102.14 -0.05 30YR GNMA 3.0 102.05 -0.16 30YR GNMA 3.5 103.27 -0.03 15YR FNMA 3.0 101.86 -0.02 15YR FNMA 2.5 100.55 -0.08 Treasuries Yield Change 2 YR 1.7912% +0.0343 5 YR 1.7960% +0.0280 10 YR 2.0326% -0.0122 30 YR 2.5535% +0.0201 Prices as of: 7/1/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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