Daily Newsletter: Rates Edge Lower After Jobs; Shift to Condos Won't Hurt Prices; Connecting Fraud Risk to Rates; Investor Share Returning to Normal

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30 Year Fixed 4.13%   -0.03 15 Year Fixed 3.29%   -0.02 10YR Treasury 2.39%   -0.0396 FNMA 30YR 3.5 102.75   +0.38 FNMA 15YR 2.5 103.41   +0.23 View Today's Rates

Thursday July 2, 2015 Mortgage Rate Watch - 5:22PM Mortgage Rates Edge Slightly Lower After Jobs Data Mortgage rates made an anti-climactic move lower today after the big jobs report proved slightly disappointing to markets. Stocks and bond yields both fell after the Bureau of Labor ... MND NewsWire - 4:51PM Homeowner Shift to Condos won't affect Prices -S&P In the S&P/Case-Shiller home price indices report for April David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices notes that, "Sales ... MND NewsWire - 4:01PM CoreLogic Ties Fraud Risk to Interest Rates, Purchases A new analysis by CoreLogic shows an increased risk of mortgage application fraud associated with purchase loans while loans made for refinancing are showing decreased risk. Thus, as ... MND NewsWire - 11:41AM Investors, Cash Sales Returning to More Normal Levels The National Association of Realtors® reported last week that first time buyers had increased their share of existing home sales in May by two percentage points and in a market ... MBS RECAP: Abrupt Positive Adjustment After NFP, Then Silence MBS MID-DAY: Quietly Holding Solid Gains After Tepid Jobs Data The Scoop on Tax Transcripts & 4506-T's - Required Prior to Closing by the Agencies? MBS Day Ahead: All Bets Off for NFP Latest Video Santelli Exchange: The bottom line for jobs Forget location, real estate investors seek yield One report (jobs) won't move Fed's thinking: Pro More News from 'Around the Web' Bloomberg - 4:56PM Greek Drama Won't End With Vote as Polls Indicate a Tight Race Calculated Risk Blog - 2:53PM Apartment Vacancy Rate unchanged in Q2 at 4.2% Reuters - 12:52PM Analysis: For Fed, a muddled jobs report even as U.S. employment continues to expand CNBC - 11:42AM Short supply pushes Tampa home prices higher blogs.wsj.com - 11:42AM Hilsenrath Analysis: Jobs Report Keeps Fed on Track for 2015 Rate Increase - Wall Street Journal (blog) CNBC - 10:43AM US factory orders fell 1% in May freddiemac.mwnewsroom.com - 10:42AM Mortgage Rates up Heading Into Holiday Weekend WSJ - 10:42AM June Jobs Report – The Numbers WSJ - 10:42AM Economists React to the June Jobs Report: 'Certainly Disappointing' CNBC - 9:38AM Who's who in the Greek debt crisis Reuters - 9:37AM Traders now betting Fed to wait until 2016 for first rate hike Bloomberg - 8:53AM ECB Adds State-Backed Corporate Bonds to Its QE Purchase List Reuters - 8:53AM U.S. job growth slows in June, labor force shrinks Bloomberg - 8:52AM ECB Decided to 'Look Through' Market Volatility, Accounts Show CNBC - 12:27AM Greece's Tsipras digs in against bailout Bloomberg - 12:17AM Move Over Greece: For Treasuries Traders, Today Is About the Fed Bloomberg - 12:17AM Cash Homebuyers Pull Back as Foreclosures Vanish in U.S. Today's Rates Best Execution Rate Change 30 Yr FRM 4.13% -0.03 15 Yr FRM 3.29% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.92% -0.03 5/1 Yr ARM 3.11% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.26% 1.25 -0.06 30 Yr. Fixed 3.90% 1.28 -0.03 MBA ** 30 Yr. Fixed 4.26% 0.33 +0.07 15 Yr. Fixed 3.44% 0.31 +0.06 30 Yr. Jumbo 4.21% 0.38 +0.07 30 Yr. FHA 4.04% 0.18 +0.08 5/1 ARM 3.09% 0.45 +0.05 Freddie Mac ** 30 Yr. Fixed 4.08% 0.60 +0.06 15 Yr. Fixed 3.24% 0.60 +0.03 1 Yr. ARM 2.52% 0.30 +0.02 5/1 Yr. ARM 2.99% 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 99.20 +0.36 30YR FNMA 3.5 102.75 +0.38 30YR GNMA 3.0 100.58 +0.30 30YR GNMA 3.5 103.47 +0.34 15YR FNMA 3.0 103.41 +0.23 15YR FNMA 2.5 101.00 +0.25 Treasuries Yield Change 2 YR 0.6329% -0.0593 5 YR 1.6348% -0.0754 10 YR 2.3877% -0.0396 30 YR 3.1924% -0.0150 Prices as of: 7/2/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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