Daily Newsletter: Mortgage Rates Steady Today, but Volatility Looms; Price Gains Ease, but West Stays Hot

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30 Year Fixed 3.72%   +0.00 15 Year Fixed 2.98%   -0.01 10YR Treasury 1.85%   -0.0017 FNMA 30YR 3.5 104.59   +0.08 FNMA 15YR 2.5 104.22   +0.20 View Today's Rates

Tuesday May 31, 2016 Mortgage Rate Watch - 3:42PM Mortgage Rates Steady Today, but Volatility Looms Mortgage rates were generally unchanged to begin the short work-week for financial markets, though that wasn't the case at first. Earlier this morning, most lenders were quoting higher ... MND NewsWire - 10:42AM Price Gains Ease Slightly on National Basis The annual pace of price gains nationally slowed slightly in March according to the S&P Case-Shiller National Home Price Index. The 10- and 20-City Composite Indices however increased ... Pipeline Press - 10:17AM New and Proposed FHA & VA changes - HECMs In The News Research by the EBRI on retirement finds while 67% of workers plan to work for pay in retirement, only 27% of retirees do so. Of the retirees who worked, the reasons included wanting ... MBS Commentary - 8:29AM MBS Week Ahead: Bonds on The Ropes as Month Ends and Data Hits Last week's moderate resilience could have been temporary due to 'month-end' This could also help today, to some extent If it doesn't, it's the first clue about a potential break of ... CFPB Goes After Individual LO; The Cost of Regulation on Home Prices; TRID Costs Continue Home Price Gains Top 6% Year-Over-Year Latest Video Consumer Confidence Index 92.6 (May) Santelli Exchange: 'New normal' not so new anymore Rates reverse pre-holiday slide More News from 'Around the Web' SEC - 4:44PM Mortgage Company and Executives Settle Fraud Charges www.gallup.com - 2:22PM U.S. Economic Confidence Index Improves Slightly to -12 freddiemac.mwnewsroom.com - 12:39PM Freddie Mac May 2016 Insight www.bkfs.com - 10:10AM Black Knight Home Price Index Report: March 2016 Transactions CNBC - 9:09AM Small business job growth declines in May: IHS-Paychex CNBC - 9:07AM March home prices rise: S&P/Case-Shiller eyeonhousing.org - 9:07AM Home Buyer Preferences for Green Features Remain Stable Reuters - 9:07AM U.S. consumer spending posts biggest gain in more than six years CNBC - 8:01AM US Treasurys lower ahead of data dump Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% +0.00 15 Yr FRM 2.98% -0.01 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.72% -0.01 5/1 Yr ARM 3.00% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.64% 0.50 +0.06 15 Yr. Fixed 2.89% 0.50 +0.08 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.50 +0.07 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 3.0 102.36 +0.11 30YR FNMA 3.5 104.59 +0.08 30YR GNMA 3.0 103.30 -0.02 30YR GNMA 3.5 105.48 +0.08 15YR FNMA 3.0 104.22 +0.20 15YR FNMA 2.5 102.48 +0.17 Treasuries Yield Change 2 YR 0.8829% -0.0277 5 YR 1.3766% -0.0098 10 YR 1.8493% -0.0017 30 YR 2.6472% -0.0031 Prices as of: 5/31/2016 4:32PM 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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