Daily Newsletter: Rates Give Back Some of Friday's Gains; Mortgage Status Predicts Homeowner Behavior

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30 Year Fixed 3.64%   +0.02 15 Year Fixed 2.93%   +0.01 10YR Treasury 1.73%   +0.0328 FNMA 30YR 3.5 104.89   -0.08 FNMA 15YR 2.5 104.44   -0.06 View Today's Rates

Monday June 6, 2016 Mortgage Rate Watch - 4:48PM Mortgage Rates Give Back Only Some of Friday's Gains Mortgage rates moved slightly higher today, erasing only some of the massive improvements seen after last Friday's jobs report. In general, most lenders moved one-eighth of one percentage ... MND NewsWire - 2:12PM Mortgage Status Can Help Predict Homeowner Behavior Delinquencies on home equity lines of credit (HELOCs) have increased on an annual basis twice in the six months ended in March according to Black Knight Financial Services. These were ... Pipeline Press - 9:45AM TARP Update; SEC Investigating Deutsche Bank; FDIC Settles; Arizona Attorney Pleads Guilty to Mortgage Fraud Uh oh: New York state’s financial regulator sent a letter to 28 fin tech companies seeking information about their online lending activities. But in these days of these days of ... MBS Commentary - 9:36AM MBS Week Ahead: Light Data Ahead of Fed Week; Yellen's Chance to Address Jobs Report Very light economic calendar this week Fed Announcement next week Yellen speaks later today (jobs data will invariably come up) bond yields already near range boundary, but this time ... May jobs number is an outlier, but still puts the Fed on hold: Goldman's Hatzius Mortgage Rates Drop Sharply After Employment Data Latest Video When will the rate hike happen? Fed's Rosengren sees rate hikes ahead despite poor jobs report Fed's Yellen: Don't overreact to jobs report More News from 'Around the Web' www.nytimes.com - 2:14PM Janet Yellen Speech Suggests Fed Will Rethink Interest-Rate Plans Market Watch - 12:51PM Want to sell your house by yourself? Read this first CNBC - 12:51PM Fed's Yellen: Don't overreact to jobs Market Watch - 10:45AM Fed's Lockhart says he won't support June rate hike but July is on the table eyeonhousing.org - 9:47AM New House Price Data Show Why Costs Are a Problem www.bkfs.com - 9:47AM Black Knight's April Mortgage Monitor: Cash Transactions Account for Over 60 Percent of Low-Priced Home Sales CNBC - 9:04AM Fed's Rosengren hints at no June rate hike CNBC - 8:22AM Wall Street fixed on Yellen after jobs debacle Bloomberg - 8:13AM Inconvenient Truth About Bond Dealers and U.S. Treasury Auctions Bloomberg - 8:07AM Yellen Speech May Offer Little Clarity After Vagueness Paid Off Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% +0.02 15 Yr FRM 2.93% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.66% +0.01 5/1 Yr ARM 3.01% +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 3.66% 0.50 +0.02 15 Yr. Fixed 2.92% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.50 +0.01 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 3.0 102.75 -0.13 30YR FNMA 3.5 104.89 -0.08 30YR GNMA 3.0 103.55 0.00 30YR GNMA 3.5 105.69 -0.09 15YR FNMA 3.0 104.44 -0.06 15YR FNMA 2.5 102.83 -0.06 Treasuries Yield Change 2 YR 0.7993% +0.0237 5 YR 1.2516% +0.0241 10 YR 1.7349% +0.0328 30 YR 2.5539% +0.0428 Prices as of: 6/6/2016 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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