Daily Newsletter: Mortgage Rates Unfazed By Fed Minutes; Corelogic Predicts 20% Origination Gain; Apps Resume Downtrend

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30 Year Fixed 3.42%   +0.01 15 Year Fixed 2.76%   +0.00 10YR Treasury 1.56%   -0.0170 FNMA 30YR 3.5 105.31   +0.11 FNMA 15YR 2.5 104.66   +0.05 View Today's Rates

Wednesday August 17, 2016 Mortgage Rate Watch - 3:11PM Mortgage Rates Unfazed By Fed Minutes Mortgage Rates were sideways to slightly higher today, although some lenders offered modest improvements after the release of the Minutes from the most recent Fed meeting. Some investors ... MND NewsWire - 11:42AM HMDA Will Announce 20 Percent Origination Surge -CoreLogic Touting its record of on-target estimate, CoreLogic has again anticipated the official conclusions about 2015 mortgage originations in advance of the annual release of HMDA data. The ... MND NewsWire - 8:26AM Mortgage Applications Resume Downtrend Despite persistently low rates, consumers are not feeling too motivated to apply for home loans. The Mortgage Bankers Association said mortgage applications during the week ended August ... Pipeline Press - 11:38AM HOA and Legal Developments; MI and Other Insurance News Want to comment on TRID & Reg. Z? Click on the " How to Comment " button. Better to do it now, good or bad, than to complain about it after the comment period ends. Switching gears ... MBS Day Ahead: Waiting For FOMC Near Weaker End of Range Building Permits and Housing Starts Regain Footing Latest Video Fed unlikely to raise rates anytime soon: Pro Markets watch Fed's tone Mortgage applications fall despite low interest rates More News from 'Around the Web' Bloomberg - 3:09PM BofA Merrill's Harris: No Fed Rate Hike Until December CNBC - 2:07PM The Fed is starting to sound like the 1962 Mets, says Art Cashin Federal Reserve - 2:06PM Minutes of the Federal Open Market Committee, July 26-27, 2016 CNBC - 1:39PM Fed's Bullard sticks with single rate hike outlook Bloomberg - 1:09PM Treasuries Fluctuate as Traders Await Guidance From Fed Minutes Fannie Mae - 1:09PM Fannie Mae Finances its Largest Manufactured Housing Deal and Supports 29,000 Families CNBC - 11:10AM Negative rates—a mistake to start—cause 'collateral damage': Allianz's El-Erian Calculated Risk Blog - 11:09AM Sacramento Housing in July: Sales down 7%, Active Inventory down 10% YoY CNBC - 8:32AM Fed minutes under the microscope as US bonds remain steady Bloomberg - 8:32AM Treasuries Stumble as Fed Odds Above 50% First Time Since Brexit Today's Rates Best Execution Rate Change 30 Yr FRM 3.42% +0.01 15 Yr FRM 2.76% +0.00 FHA 30 Year Fixed 3.20% +0.00 Jumbo 30 Year Fixed 3.52% +0.01 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 3.45% 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 +0.09 30YR FNMA 3.5 105.31 +0.11 30YR GNMA 3.0 104.48 -0.27 30YR GNMA 3.5 105.98 -0.06 15YR FNMA 3.0 104.66 +0.05 15YR FNMA 2.5 103.27 +0.05 Treasuries Yield Change 2 YR 0.7379% -0.0121 5 YR 1.1445% -0.0147 10 YR 1.5576% -0.0170 30 YR 2.2731% -0.0210 Prices as of: 8/17/2016 3:48PM 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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