Daily Newsletter: Mortgage Rates Slightly Higher; Affordability Not Too Bad Outside California; China Currency Drama Fades. What Next?

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30 Year Fixed 4.00%   +0.01 15 Year Fixed 3.25%   +0.02 10YR Treasury 2.20%   +0.0106 FNMA 30YR 3.5 103.36   -0.11 FNMA 15YR 2.5 103.56   -0.14 View Today's Rates

Friday August 14, 2015 Mortgage Rate Watch - 2:32PM Mortgage Rates Slightly Higher Mortgage rates were just slightly higher on average for a third straight day. Much of this week was spent focusing on the effects of China's decision to (sort of) stop manipulating ... MND NewsWire - 12:52PM US Housing Affordability is Decent, Just Not in California The affordability of homeownership dipped modestly in the second quarter according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The index ... Pipeline Press - 10:19AM Goldman's Settlement; CFPB and Mortgage Insurance; IRS' W-2 Proposal The fact that outstanding auto loans have passed the $1 trillion mark is garnering headlines, as well as Ohio's vote on legalizing marijuana and Warren Harding's "love child", but the ... MBS Commentary - 7:32AM MBS Day Ahead: No More Help From China. Where Do We Stand? Surprisingly enough, this week's big, volatility-inducing event leaves US bond markets mostly where they were before the big volatility-inducing event! The Yuan drama (you wan' drama ... MBS MID-DAY: Battling Back From Morning Weakness Distressed Loans back to 2007 Level Latest Video Santelli Exchange: Tightening Fed in 'uptight' marketplace Santelli: Rates pop on inflation data Richard Fisher on rate hike: Much ado about nothing More News from 'Around the Web' CNBC - 3:24PM Here's where inflation is still alive and well Bloomberg - 3:24PM Gundlach, BlackRock Now Buying Top-Rated Debt They Had Shunned Bloomberg - 2:24PM The 10% Treasury That's Older Than a Lot of Traders Matures Tomorrow CNBC - 1:11PM Fed survey shows weaker forecasts Bloomberg - 11:21AM Peer-to-Peer Lenders Losing Court Battle Over State Usury Laws CNBC - 10:09AM US industrial output jumps as auto production surges CNBC - 10:06AM US consumer sentiment index at 92.9 in Aug vs 93.5 expected Calculated Risk Blog - 10:06AM CR on Housing in 2005 CNBC - 8:45AM US producer prices rise for third straight month rss.nytimes.com - 8:45AM Eurozone's Economy Expanded at 1.3% Rate, a Softening of Growth www.realtor.com - 8:43AM Gen X? Good Luck Buying a House—You'll Need It Bloomberg - 12:53AM Closer Fed Gets to Rate Boost, Less Bearish Bond Economists Get Reuters - 12:53AM Currency war fears ease; oil hits six-year low Bloomberg - 12:49AM Bond Market Says Chinese Yuan Won't Stop the Fed From Moving Today's Rates Best Execution Rate Change 30 Yr FRM 4.00% +0.01 15 Yr FRM 3.25% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.80% +0.02 5/1 Yr ARM 2.97% +0.00 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 4.13% 0.31 +0.00 15 Yr. Fixed 3.39% 0.38 +0.03 30 Yr. Jumbo 4.08% 0.34 +0.00 30 Yr. FHA 3.94% 0.22 -0.02 5/1 ARM 3.11% 0.32 +0.09 Freddie Mac ** 30 Yr. Fixed 3.94% 0.60 +0.03 15 Yr. Fixed 3.17% 0.60 +0.04 1 Yr. ARM 2.62% 0.30 +0.08 5/1 Yr. ARM 2.93% 0.50 -0.02 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 3.0 100.16 -0.13 30YR FNMA 3.5 103.36 -0.11 30YR GNMA 3.0 101.33 -0.14 30YR GNMA 3.5 104.14 -0.08 15YR FNMA 3.0 103.56 -0.14 15YR FNMA 2.5 101.31 -0.11 Treasuries Yield Change 2 YR 0.7299% +0.0205 5 YR 1.5986% +0.0229 10 YR 2.2013% +0.0106 30 YR 2.8462% -0.0142 Prices as of: 8/14/2015 3:52PM 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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