Daily Newsletter: PMI Insurers Winning FHA Smackdown; Rates Higher After Fed Speakers

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30 Year Fixed 3.41%   +0.00 15 Year Fixed 2.75%   +0.00 10YR Treasury 1.62%   +0.0479 FNMA 30YR 3.5 105.17   -0.17 FNMA 15YR 2.5 104.63   -0.13 View Today's Rates

Friday August 26, 2016 MND NewsWire - 9:08AM PMI Insurers Winning FHA Smackdown Among the charts and tests summarizing most of the housing finance news that emerged during July, the latest issue of the Urban Institute's (UI's) Housing Finance Chartbook contained ... Mortgage Rate Watch - 10:54AM Mortgage Rates Slightly Higher After Fed Speakers Mortgage Rates were unchanged to slightly lower this morning following the much-anticipated Jackson Hole speech from Fed Chair Janet Yellen. Markets were looking for clues about upcoming ... Pipeline Press - 9:05AM HARP Extended; Continued Conventional Conforming Changes “Rob, have you seen any place where I can see individual lender stats for VA loans?” Sure. Here it is . Knock yourself out. For you CFPB watchers, it has ordered First National ... MBS Commentary - 3:01PM MBS RECAP: Yellen Passes Without a Trace. What Now?! All eyes were on Yellen's 10am speech from Jackson Hole, then all eyes were closed as traders fell asleep from boredom. Yellen said nothing we didn't already know, although one headline ... MBS Day Ahead: Today Does Absolutely Nothing For Bigger Picture New HARP Kills Cut-Off Date, But You Have to Wait Latest Video Santelli: Market acting predictably off Fed headlines Yellen: Case for fed funds rate hike strengthened GDP (Q2) revised to 1.1% from 1.2% More News from 'Around the Web' Market Watch - 2:00PM Fed's Fischer: Yellen's speech consistent with possibility of 2 interest-rate hikes this year Reuters - 2:00PM U.S. jobs data to test case for rate hike Calculated Risk Blog - 2:00PM Comments on Home Sales in July CNBC - 1:59PM If Yellen is bullish on economy, this may be why Bloomberg - 1:59PM Yellen Imagines a Future Where Fed Tinkers With Inflation Target - Bloomberg CNBC - 11:04AM Consumer sentiment ticks lower in August CNN - 10:11AM Janet Yellen says Fed rate hike odds have 'strengthened' Market Watch - 9:12AM Fed's Mester says ‘it makes sense' to start moving interest rates higher Bloomberg - 8:51AM Economy in U.S. Grew at 1.1% Rate, Slower Than First Estimated www.npr.org - 8:49AM Top Fed Officials Field Questions From Activists Unhappy Over Monetary Policy CNBC - 8:49AM Fed's Mester says 'we'll have some strengthening in the second half of the year' Today's Rates Best Execution Rate Change 30 Yr FRM 3.41% +0.00 15 Yr FRM 2.75% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.51% -0.01 5/1 Yr ARM 2.86% +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 3.43% 0.60 +0.00 15 Yr. Fixed 2.74% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.75% 0.40 -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 3.0 103.47 -0.23 30YR FNMA 3.5 105.17 -0.17 30YR GNMA 3.0 104.39 -0.20 30YR GNMA 3.5 106.02 -0.11 15YR FNMA 3.0 104.63 -0.13 15YR FNMA 2.5 103.17 -0.14 Treasuries Yield Change 2 YR 0.8447% +0.0592 5 YR 1.2316% +0.0711 10 YR 1.6244% +0.0479 30 YR 2.2847% +0.0174 Prices as of: 8/26/2016 4:31PM 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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