Daily Newsletter: Rates Remain in Narrow Range Ahead of Important Week; Fannie Says No Hike in September

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30 Year Fixed 3.42%   +0.01 15 Year Fixed 2.76%   +0.01 10YR Treasury 1.58%   +0.0460 FNMA 30YR 3.5 105.27   -0.14 FNMA 15YR 2.5 104.69   -0.11 View Today's Rates

Friday August 19, 2016 Mortgage Rate Watch - 3:09PM Mortgage Rates Remain in Narrow Range Ahead of Important Week Mortgage Rates moved modestly higher today , but remain in an excruciatingly narrow range in the bigger picture. Actually, there's nothing too excruciating about it, unless you're trying ... MND NewsWire - 11:22AM Fannie's Economic Outlook: No Hike in September Fannie Mae said it is maintaining its forecast for 2016's GDP at the same 1.8 percent it forecasted in July despite the fact second quarter growth came in a 1.2 percent, more than 1 ... Pipeline Press - 11:08AM Some State Residential Regulation Changes; Rural Housing Lender Trends In case it comes up at Happy Hour tonight, how are things working out in Japan? “The Bank of Japan, already a top-five owner of 81 companies in Japan’s Nikkei 225 Stock ... MBS Commentary - 9:03AM MBS Day Ahead: Taking Cues From "The Range" Implies Weakness Today Yesterday's recap signed off with the following thought: "no data on tap for tomorrow , the trading range should be as good a guide as anything. With that in ... Higher Pull-Through and 739 Average FICO -EllieMae Jumbo Mortgage Trends And The Declining Middle Class - Billionaires' Cash Reserves Latest Video Fed sending mixed signals: Pro Markets waiting ahead of Jackson Hole: Sechan Santelli Exchange: Get the 'un' out of unconventional More News from 'Around the Web' www.realtor.com - 2:01PM Hard-Core House Collectors The Atlantic - 2:01PM Will D.C.'s Housing Ever Be Affordable Again? Bloomberg - 12:48PM Treasuries Fall as Traders Gauge Fed Path After Williams Remarks Reuters - 11:22AM Fed guessing game moves up a gear as Yellen takes stage eyeonhousing.org - 10:24AM Jump in Single-Family Built-for-Rent Construction www.npr.org - 10:23AM Catastrophic Floods In Louisiana Have Caused Massive Housing Crisis CNBC - 8:38AM Savers hit by negative rates are starting to store their cash in safes: S&P CNBC - 8:34AM Middle-income jobs finally show signs of a rebound CNBC - 8:30AM City roof decks raising the stakes on housing 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% +0.05 Jumbo 30 Year Fixed 3.53% +0.01 5/1 Yr ARM 2.85% +0.02 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% 0.50 -0.02 15 Yr. Fixed 2.74% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.76% 0.40 +0.02 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 3.0 103.52 -0.23 30YR FNMA 3.5 105.27 -0.14 30YR GNMA 3.0 104.30 -0.33 30YR GNMA 3.5 106.00 -0.23 15YR FNMA 3.0 104.69 -0.11 15YR FNMA 2.5 103.27 -0.17 Treasuries Yield Change 2 YR 0.7500% +0.0405 5 YR 1.1658% +0.0538 10 YR 1.5815% +0.0460 30 YR 2.2854% +0.0239 Prices as of: 8/19/2016 3:41PM 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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