Daily Newsletter: Rates Battle Back From Recent Highs; Non-Conventional Financing in New Home Market

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30 Year Fixed 3.42%   -0.01 15 Year Fixed 2.76%   -0.01 10YR Treasury 1.56%   -0.0632 FNMA 30YR 3.5 105.42   +0.25 FNMA 15YR 2.5 104.78   +0.16 View Today's Rates

Monday August 29, 2016 Mortgage Rate Watch - 3:59PM Mortgage Rates Battle Back From Recent Highs Mortgage Rates were briefly at their highest levels in several weeks on Friday afternoon. This followed comments from the Fed's Jackson Hole symposium. Markets interpreted those comments ... MND NewsWire - 2:59PM Non-Conventional Financing Continues its Presence in New Home Market A large contingent of new homes started in 2015 were purchased using non-conventional financing according to a new analysis by the National Association of Home Builders (NAHB). The ... Pipeline Press - 9:54AM PHH Changes; Bank Branch Trends; Upcoming Events; Hispanic Ownership Trends It is hard to argue with nationwide demographic trends , especially when it comes to Hispanic borrowers & first time home buyers in some parts of the nation. Did you know that the ... MBS Commentary - 9:33AM MBS Week Ahead: Bonds Fight To Remain in Range After Jackson Hole Friday was a volatile day for markets as investors were anxiously awaiting comments from Fed Chair Yellen that might speak to the likelihood of a Fed rate hike (or 2?) by the end of ... PMI Insurers Winning FHA Smackdown HARP Extended; Continued Conventional Conforming Changes Latest Video July personal income, spending up Return of a housing bubble? Housing hits highs More News from 'Around the Web' Calculated Risk Blog - 4:16PM Table of Distressed Sales and All Cash Sales for Selected Cities in July Bloomberg - 2:56PM Fed Is Headed for Shallow Rate Path This Decade, Study Shows CNBC - 2:55PM Corporate debt issuance smashes another record Calculated Risk Blog - 1:17PM Black Knight: House Price Index up 0.8% in June, Up 5.3% year-over-year Market Watch - 1:17PM The Fed may have given us the reason for a pullback CNBC - 12:05PM Check out this map where the housing bubble is biggest CNBC - 12:05PM Higher rates? I don't care, as long as Yellen keeps her word: Portfolio manager Google News - 12:05PM Commercial Real Estate Expansion Foreseen Reuters - 9:44AM U.S. consumer spending rises in July; inflation remains tame www.bkfs.com - 9:38AM Black Knight Home Price Index Report: June 2016 Transactions eyeonhousing.org - 8:50AM How New Home Buyers Financed Their Homes in 2015 CNBC - 8:30AM Fed could 'realign' market's rate-hike forecast, economist says www.builderonline.com - 8:30AM More Millennials Are Financially Supporting Their Parents Bloomberg - 8:29AM Bond Traders See Governments Succeeding Where Central Banks Fail CNBC - 8:29AM Zero rate 'euphoria' has triggered a bond shock indicator Market Watch - 8:27AM What you need to know about a home equity line of credit CNBC - 8:26AM Yellen and FOMC accused of 'Fedequivocation' as hike jitters resurface Today's Rates Best Execution Rate Change 30 Yr FRM 3.42% -0.01 15 Yr FRM 2.76% -0.01 FHA 30 Year Fixed 3.25% +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 3.43% 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 3.0 103.80 +0.33 30YR FNMA 3.5 105.42 +0.25 30YR GNMA 3.0 104.75 +0.36 30YR GNMA 3.5 106.23 +0.22 15YR FNMA 3.0 104.78 +0.16 15YR FNMA 2.5 103.36 +0.19 Treasuries Yield Change 2 YR 0.8092% -0.0355 5 YR 1.1734% -0.0582 10 YR 1.5612% -0.0632 30 YR 2.2120% -0.0727 Prices as of: 8/29/2016 4:30PM 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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