Daily Newsletter: Mortgage Rates Officially Hit 3-Year Lows; Aversion to Loan Servicing Impacting Consumers

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30 Year Fixed 3.58%   -0.01 15 Year Fixed 2.88%   -0.01 10YR Treasury 1.64%   -0.0412 FNMA 30YR 3.5 104.95   -0.06 FNMA 15YR 2.5 104.67   +0.06 View Today's Rates

Friday June 10, 2016 Mortgage Rate Watch - 5:01PM Mortgage Rates Officially Hit 3-Year Lows Mortgage rates crept just barely lower today, but it was enough to leave the average lender's rate sheet in its best shape since May of 2013. (At the risk of splitting hairs, a few ... Pipeline Press - 10:08AM What if No One Wants to Service More Loans? Impact on Consumers? For laughs all you have to do is read the news, and this story will fit right in with anyone’s 5th grade sense of humor. The Union Recorder reports on a story about Ellen DeGeneres ... MBS Commentary - 9:18AM MBS Day Ahead: "The Breakout," Day 2 10yr yields officially closed below 2016's range boundary yesterday Today beginning in even stronger territory Looking at other markets, this only stands to reason As long as you're ... MND NewsWire - 10:19AM Negative Equity Rapidly Declining Negative equity continued to decline in the first quarter of 2016. CoreLogic said today that 268,000 homeowners regained an equity position in their homes, bringing the number of homes ... CFPB's Updates; HMDA Data in Latest Agreement - What It Means; Example of Non-ATR Loan Refinancing Dead Again? Latest Video Bill Gross warns $10T negative yield 'supernova' will 'explode' Housing market sending mixed signals Santelli Exchange: What is the bond market's message? More News from 'Around the Web' www.realtor.com - 4:56PM Is Bad Credit Keeping Young Americans From Buying Homes? Bloomberg - 4:55PM Record-Low Inflation Expectations Sharpen Next Week's Fed Debate Market Watch - 12:36PM Helicopter money champion says Fed will struggle to lift interest rates CNBC - 12:33PM New housing bubble? Experts debate CNBC - 9:27AM Bill Gross: Global yields lowest in 500 years; 'supernova' to 'explode' CNBC - 8:14AM US futures slide as Japanese, German yields hit record lows CNBC - 8:14AM ECB corporate bond-buying program makes up almost 1 in 5 trades: Trax Today's Rates Best Execution Rate Change 30 Yr FRM 3.58% -0.01 15 Yr FRM 2.88% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% +0.00 5/1 Yr ARM 2.97% -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 3.60% 0.50 -0.06 15 Yr. Fixed 2.87% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.50 -0.06 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 3.0 102.89 -0.09 30YR FNMA 3.5 104.95 -0.06 30YR GNMA 3.0 103.67 +0.06 30YR GNMA 3.5 105.69 -0.05 15YR FNMA 3.0 104.67 +0.06 15YR FNMA 2.5 103.08 +0.08 Treasuries Yield Change 2 YR 0.7345% -0.0326 5 YR 1.1655% -0.0503 10 YR 1.6404% -0.0412 30 YR 2.4526% -0.0258 Prices as of: 6/10/2016 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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