Daily Newsletter: Housing Attitudes Reverse Course; Rates Steady After Jobs Data; CFPB on eClosings; Bubble or Recession?

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30 Year Fixed 3.98%   -0.02 15 Year Fixed 3.23%   -0.01 10YR Treasury 2.17%   -0.0555 FNMA 30YR 3.5 103.72   +0.17 FNMA 15YR 2.5 103.69   +0.08 View Today's Rates

Friday August 7, 2015 MND NewsWire - 8:06PM Housing Attitudes Reverse Course in Fannie Mae Survey Negativity was pervasive in the results of Fannie Mae's July National Housing Survey (NHS). Respondents indicated falling expectations about the economy, housing, and their own personal ... Mortgage Rate Watch - 7:25PM Mortgage Rates Surprisingly Calm After Jobs Report Mortgage rates were surprisingly calm today , especially in light of the fact that the big jobs report was released this morning. This report has more potential to move rates than any ... MND NewsWire - 3:21PM CFPB Report Hints at Future Role of eClosings Over a year ago consumers pointed out, in a report from the Consumer Financial Protection Bureau (CFPB) the "pain points" they encountered in the mortgage closing processing. The volume ... MND NewsWire - 3:07PM Housing Bubble or Recession? You Might Have to Pick One There are two conflicting theories on how or even if monetary policy should play a role in stabilizing asset price booms and busts. If central banks use interest rate hikes sufficient ... MBS RECAP: As-Expected NFP Reveals Markets' Hopes, Fears eSignature Progress; Agency News in Primary Markets; Fannie Earnings MBS Day Ahead: NFP Day: All You Can Do Is Watch And React Latest Video Hatzius maintains Dec. rate hike forecast September rate hike on track Fed has to raise rates: Mark Zandi More News from 'Around the Web' www.mass.gov - 5:53PM Revere Attorney Ordered to Pay More Than $625,000 for Unfair and Deceptive Foreclosure Relief Services Bloomberg - 5:38PM Are You Sick of Hearing About Rising Yields? So Are Debt Traders Calculated Risk Blog - 3:55PM Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama www.realtor.com - 12:18PM Can Tiny Homes Become Big Business? Fannie Mae - 12:15PM Americans' Outlook on the Home Selling Market Cools amid Economic and Financial Concerns CNBC - 12:13PM Why long-term interest rates are falling Calculated Risk Blog - 10:35AM July Employment Report Comments and more Graphs WSJ - 10:31AM Economists React to the July Jobs Report: 'Will Keep the Fed in Play in September' WSJ - 10:31AM The July Jobs Report in 12 Charts Bloomberg - 9:04AM Lender Competition Means Lower Mortgage Closing Costs CNBC - 9:03AM Odds of a September rate hike rise above 50% following jobs report CNBC - 9:01AM US jobs post solid gains; unemployment flat Reuters - 1:25AM Healthy forecast U.S. July job gains may favor Sept interest rate rise Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% -0.02 15 Yr FRM 3.23% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.77% -0.02 5/1 Yr ARM 3.00% -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 4.23% 0.34 +0.00 15 Yr. Fixed 3.43% 0.34 +0.00 30 Yr. Jumbo 4.16% 0.33 -0.04 30 Yr. FHA 4.00% 0.17 -0.02 5/1 ARM 3.08% 0.41 -0.05 Freddie Mac ** 30 Yr. Fixed 3.91% 0.60 -0.07 15 Yr. Fixed 3.13% 0.60 -0.04 1 Yr. ARM 2.54% 0.30 +0.02 5/1 Yr. ARM 2.95% 0.40 +0.00 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 3.0 100.59 +0.27 30YR FNMA 3.5 103.72 +0.17 30YR GNMA 3.0 101.64 +0.23 30YR GNMA 3.5 104.28 +0.09 15YR FNMA 3.0 103.69 +0.08 15YR FNMA 2.5 101.39 +0.08 Treasuries Yield Change 2 YR 0.7209% +0.0164 5 YR 1.5741% -0.0361 10 YR 2.1677% -0.0555 30 YR 2.8244% -0.0708 Prices as of: 8/7/2015 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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