Daily Newsletter: Mortgage Rates' Best Day Since Brexit; Slow Start for Cash Sales; Everbank to be Acquired; Servicing Woes

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30 Year Fixed 3.39%   -0.05 15 Year Fixed 2.74%   -0.05 10YR Treasury 1.51%   +0.0034 FNMA 30YR 3.5 105.42   +0.02 FNMA 15YR 2.5 104.83   +0.03 View Today's Rates

Thursday July 28, 2016 Mortgage Rate Watch - 3:56PM Best Day Since Brexit For Mortgage Rates Mortgage rates fell at the quickest pace in more than a month today as lenders priced-in the market improvements seen after yesterday's Fed Announcement. Even though quite a few lenders ... MND NewsWire - 4:59PM CoreLogic: Slow Start for Cash Sales this Year Cash sales continued to account for a significant portion of all home sales in April. CoreLogic said on Wednesday that 31.6 percent of home sales that month were all cash , down 1.6 ... Pipeline Press - 9:44AM EverBank On The Block; First Time Buyer Survey; Servicing Market Troubles Hitting Rates I don’t know how it is that we only have two business days left in July – time flies. For me this month has included Honolulu, Denver, Sacramento, San Francisco, and now ... MBS Commentary - 9:06AM MBS Day Ahead: Momentum Should Be in Our Favor, But Challenges Remain One tricky thing about technical analysis (things like moving averages and other mathematical formulas applied to charts in order to get them to cough up more information about where ... Fannie Mae Upgrades 3 Percent-Down Mortgage Program Pending Home Sales Stabilize, But Miss Estimates Latest Video Rate hike predictions The dollar tells the tale of the Fed Bank of Japan under pressure after Abe's stimulus plan More News from 'Around the Web' Bloomberg - 12:52PM Three Things That Show Investors Are Making a Huge Bet on Low Interest Rates CNBC - 12:52PM Homeownership rate lowest since 1965 CNBC - 11:33AM US crude dips into technical bear market, down 20% from 2016 high CNBC - 11:05AM Big banks up their odds of a rate hike this year National Housing Conference - 11:05AM How affordable housing gets built freddiemac.mwnewsroom.com - 11:05AM Mortgage Rates up Slightly Bloomberg - 11:05AM Greenspan 'Nervous' Bond Prices Too High, Sees Stagflation Ahead CNBC - 9:11AM US advance June goods trade deficit $63.3 billion Reuters - 9:11AM U.S. jobless claims increase; labor market still strong www.realtor.com - 8:16AM America's 20 Hottest Real Estate Markets for July 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.39% -0.05 15 Yr FRM 2.74% -0.05 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.04 5/1 Yr ARM 2.85% -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 3.48% 0.50 +0.03 15 Yr. Fixed 2.78% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 +0.00 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 3.0 103.81 +0.06 30YR FNMA 3.5 105.42 +0.02 30YR GNMA 3.0 104.63 +0.03 30YR GNMA 3.5 106.13 -0.02 15YR FNMA 3.0 104.83 +0.03 15YR FNMA 2.5 103.41 0.00 Treasuries Yield Change 2 YR 0.7145% -0.0079 5 YR 1.0863% -0.0049 10 YR 1.5061% +0.0034 30 YR 2.2304% +0.0139 Prices as of: 7/28/2016 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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