Daily Newsletter: Freddie sees Banner Year for Originations; Rates Playing The Range; Buyer Traffic Weighing on Builder Confidence

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30 Year Fixed 3.40%   +0.03 15 Year Fixed 2.75%   +0.02 10YR Treasury 1.56%   +0.0475 FNMA 30YR 3.5 105.25   -0.13 FNMA 15YR 2.5 104.69   -0.23 View Today's Rates

Monday August 15, 2016 MND NewsWire - 4:15PM Freddie sees Banner Year for Originations; Lowers Interest Rate Projection for 2017 Strong home sales, near-historic low interest rates, a burst of refinancing, and continued home price growth are moving Freddie Mac's economic team to predict that mortgage originations ... Mortgage Rate Watch - 3:01PM Mortgage Rates Playing The Range In addition to writing about mortgage rates , I also follow and analyze the underlying bond markets. Early on in that endeavor, one of my favorite phrases was "play the range before ... MND NewsWire - 10:32AM Traffic Concerns Continue to Weigh on Builders The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) improved slightly in August, but remained within the narrow range of 58 to 61 it has inhabited ... MBS Commentary - 9:27AM MBS Day Ahead: Because... SIDEWAYS! If you're on the very youngest fringe of the mortgage market participant age range, you might know what a "meme" is. And if you're up to speed on ancient meme history (we're talking ... MBS RECAP: Linear Selling Trend Keeps Bonds Super Sideways Verifying IRS Transcripts; Lender Updates; Vendor Management is a Full-Time Job Latest Video Kiesel: Foreign investors to move out of US bonds to credit Home builder confidence rises Are the markets too quiet? More News from 'Around the Web' CNBC - 2:11PM Homebuilder stocks surge on strong housing data Reuters - 2:11PM Fed's Williams urges new policies to combat low interest rates Calculated Risk Blog - 2:10PM FNC: Residential Property Values increased 4.8% year-over-year in June Bloomberg - 11:47AM BlackRock Cuts Treasuries Exposure on Hedging Cost as Bonds Fall CNBC - 11:47AM Online lenders are ripping higher today — here's why CNBC - 10:02AM Homebuilder sentiment up 2 points in August on shortage of existing homes CNBC - 9:37AM These bonds are the most important thing to watch in the markets, Boockvar says CNBC - 9:37AM Louisiana flooding far from over despite expected respite from rain CNBC - 9:37AM Manufacturing in New York region weakens in August NAFCU - 8:09AM CFPB's proposed TRID updates in Federal Register today Today's Rates Best Execution Rate Change 30 Yr FRM 3.40% +0.03 15 Yr FRM 2.75% +0.02 FHA 30 Year Fixed 3.20% +0.05 Jumbo 30 Year Fixed 3.50% +0.03 5/1 Yr ARM 2.83% +0.03 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 3.45% 0.50 +0.02 15 Yr. Fixed 2.76% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.74% 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 3.0 103.59 -0.17 30YR FNMA 3.5 105.25 -0.13 30YR GNMA 3.0 104.73 -0.19 30YR GNMA 3.5 106.14 -0.17 15YR FNMA 3.0 104.69 -0.23 15YR FNMA 2.5 103.28 -0.33 Treasuries Yield Change 2 YR 0.7298% +0.0241 5 YR 1.1347% +0.0405 10 YR 1.5576% +0.0475 30 YR 2.2825% +0.0533 Prices as of: 8/15/2016 4:15PM 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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