Daily Newsletter: Mortgage Rates Deeper into 3-Year Lows; Purchase Loans Dominate; Builder Index Breaks 5-Month Silence

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30 Year Fixed 3.52%   -0.04 15 Year Fixed 2.83%   -0.03 10YR Treasury 1.58%   +0.0017 FNMA 30YR 3.5 105.16   +0.03 FNMA 15YR 2.5 104.55   -0.05 View Today's Rates

Thursday June 16, 2016 Mortgage Rate Watch - 3:59PM Mortgage Rates Deeper into 3-Year Lows Mortgage rates moved lower today, largely because they needed to get caught up with yesterday afternoon's movement in bond markets. As a reminder, mortgage rates are most directly affected ... MND NewsWire - 10:31AM Builder Index makes First Move in Five Months There was a flicker of life this month in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). After spending four consecutive months stuck at a ... MND NewsWire - 10:03AM Purchase Loans Dominate; Pull-Through Improves -EllieMae Purchase mortgages comprised 60 percent of all originations in April, the first time the purchase share has risen to this level since April 2015 . Ellie Mae said the percentage of all ... MBS Commentary - 8:33AM MBS Day Ahead: Back to Things That Matter Yesterday's FOMC Announcement was largely a diversion, but only because there happen to be more important things going on in the bigger picture. The FOMC was still important in that ... Bank Job Cuts and M&A; Nationstar Adds $50 Billion in Servicing - Does it Make Money? Lenders Expect Purchase Loan Pickup Latest Video Santelli: If you think you know ... Home builder sentiment improves in June July rate hike? No one in their right mind believes it: Pro More News from 'Around the Web' Bloomberg - 3:55PM Bond Traders Seek Greater Fools as Global Yields Extend Plunge www.cfpbmonitor.com - 3:55PM House bill introduced to impose consumer complaints requirements on CFPB Calculated Risk Blog - 3:54PM Lawler: Single-Family Home Production in 2015: Small Number, Big Homes Fannie Mae - 1:52PM Fannie Mae Announces Sale of Non-Performing Loans ... freddiemac.mwnewsroom.com - 12:07PM Mortgage Rates Move Lower for Second Consecutive Week Bloomberg - 12:07PM Treasury Yields Touch Lowest Since '12 as Quest for Haven Reigns CNBC - 9:54AM Fisher: 'A joint strangle' on growth CNBC - 9:54AM Fed's clueless on economy: El-Erian Reuters - 9:49AM U.S. consumer price gains slow; underlying inflation supported Reuters - 7:59AM Futures lower as Fed comments, Brexit vote spook investors www.corelogic.com - 7:59AM CoreLogic Reports 37,000 Completed Foreclosures in April 2016 Calculated Risk Blog - 7:59AM Lawler: The More Things Change ... CNBC - 7:59AM Global bond yields tumble as Brexit retakes spotlight Today's Rates Best Execution Rate Change 30 Yr FRM 3.52% -0.04 15 Yr FRM 2.83% -0.03 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.57% -0.02 5/1 Yr ARM 2.95% +0.02 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 3.54% 0.50 -0.06 15 Yr. Fixed 2.81% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.74% 0.50 -0.08 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 3.0 103.14 +0.06 30YR FNMA 3.5 105.16 +0.03 30YR GNMA 3.0 103.94 +0.03 30YR GNMA 3.5 105.86 -0.06 15YR FNMA 3.0 104.55 -0.05 15YR FNMA 2.5 103.05 0.00 Treasuries Yield Change 2 YR 0.6894% +0.0157 5 YR 1.0907% +0.0127 10 YR 1.5788% +0.0017 30 YR 2.3971% -0.0152 Prices as of: 6/16/2016 4:30PM 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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