Daily Newsletter: Rates Rise; Potential Volatility Ahead; Freddie Didn't Need Taxpayer Help After All; Price Gains Still Cooling

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30 Year Fixed 3.39%   +0.01 15 Year Fixed 2.73%   +0.01 10YR Treasury 1.55%   +0.0412 FNMA 30YR 3.5 105.33   -0.11 FNMA 15YR 2.5 104.81   -0.05 View Today's Rates

Tuesday August 2, 2016 Mortgage Rate Watch - 4:16PM Mortgage Rates Rise; Potential Volatility Ahead Mortgage rates moved higher again today, after hitting the lowest levels in roughly 2 weeks last Friday. Like yesterday, today's increase was fairly minimal in the big picture, but ... MND NewsWire - 11:34AM Freddie Mac Won't Need Taxpayer Help After All Despite speculation that it might require a Treasury draw after its first quarter financial loss, Freddie Mac reported on Tuesday it had net income of $1.0 billion in the second quarter ... MND NewsWire - 11:31AM Home Price Gains Continue Cooling The pace of home price appreciation does finally appear to be slowing. CoreLogic has released its Home Price Index (HPI) for June and both monthly and year-over-year price gains are ... MBS Commentary - 8:52AM MBS Day Ahead: Suddenly Serious as Momentum Risks Reversal The 2 weeks leading up to last week's FOMC Announcement (and Bank of Japan too) saw an exceptionally narrow trading range. The 2 weeks before that saw a fairly quick move higher from ... Sub-Servicer News; Upcoming Training; State-Level Changes "Brexit Effect" on Refis; Auto Loans Predicting Mortgage Delinquency -Black Knight Latest Video Home Depot CEO: 'Overall environment in housing is good' Barron's #1 advisor on Fed's next move Santelli Exchange: Investors move up the risk curve More News from 'Around the Web' CNBC - 4:11PM 'Stimulus' moves aren't stimulating Bloomberg - 4:09PM Climate Change: How Much Does Real Estate Stand to Lose? NAFCU - 2:55PM Watt: No changes in g-fees, loan-level price adjustments freddiemac.mwnewsroom.com - 2:18PM Freddie Mac Releases Multifamily Mid-Year Outlook Bloomberg - 11:36AM Something Is Odd About the Latest U.S. Construction Data www.realtor.com - 11:36AM Is Fear of Commitment Delaying Millennial Homeownership? Reuters - 9:39AM U.S. consumer spending increases solidly in June Market Watch - 8:28AM Need to buy a house fast after selling yours? Don't panic, here's what to do www.corelogic.com - 8:26AM CoreLogic US Home Price Report Shows Prices Up 5.7 Percent Year Over Year in June 2016 freddiemac.mwnewsroom.com - 8:26AM Freddie Mac Reports Second Quarter 2016 Financial Results CNBC - 8:26AM How millennial homebuyers are different Bloomberg - 8:26AM Rising Sea Levels Could Cost U.S. Homeowners Close to $1 Trillion Today's Rates Best Execution Rate Change 30 Yr FRM 3.39% +0.01 15 Yr FRM 2.73% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.53% +0.02 5/1 Yr ARM 2.83% +0.00 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 3.48% 0.50 +0.03 15 Yr. Fixed 2.78% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.78% 0.50 +0.00 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 3.0 103.67 -0.17 30YR FNMA 3.5 105.33 -0.11 30YR GNMA 3.0 104.56 -0.14 30YR GNMA 3.5 106.08 -0.11 15YR FNMA 3.0 104.81 -0.05 15YR FNMA 2.5 103.44 -0.08 Treasuries Yield Change 2 YR 0.6788% -0.0040 5 YR 1.0847% +0.0177 10 YR 1.5541% +0.0412 30 YR 2.3048% +0.0528 Prices as of: 8/2/2016 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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