Daily Newsletter: Rent Appreciation Already Peaked; Buyers Not Boomeranging; Rates Hold Mid 3's; BOK Exits Correspondent

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30 Year Fixed 3.38%   -0.02 15 Year Fixed 2.72%   -0.02 10YR Treasury 1.51%   -0.0395 FNMA 30YR 3.5 105.56   +0.17 FNMA 15YR 2.5 104.95   +0.14 View Today's Rates

Thursday August 4, 2016 MND NewsWire - 11:25AM Rental Appreciation Already Peaked According to New CoreLogic Index As the housing boom ended rents for single-family homes also crashed, going from annual growth of better than 2 percent in late 2007 to -3 percent by the end of 2009. But they began ... MND NewsWire - 9:23AM Buyers not "Boomeranging" Hastily Are those Americans who lost their homes to foreclosure permanently turned off of home ownership? CoreLogic's Senior Economist Kristine Yao looked at that question in an article on ... Mortgage Rate Watch - 4:04PM Mortgage Rates Holding Mid 3's Ahead of Jobs Report Mortgage rates were moderately lower today, keeping them well-within the dominant range of the past 2-3 weeks. Compared to yesterday, lenders would be just slightly more likely to quote ... Pipeline Press - 9:17AM BOK Exits Correspondent; EverBank Buyer Revealed; Basel 4 on The Way? Here’s an interesting number: $765,000. The Transportation Security Administration announced in May that it had collected that amount in loose change left behind in airport scanner ... Fannie Mae's Net Income Doubles from Q1 MBS Day Ahead: Boosted by Bank of England Rate Cut Ahead of NFP Latest Video Yields on the move BOE responds to Brexit Santelli: The things that need to be talked about More News from 'Around the Web' Reuters - 4:58PM New U.S. mortgage rules aim to stop wrongful foreclosures Calculated Risk Blog - 4:58PM NAHB: Builder Confidence "Remains in Positive Territory" for 55+ Housing Market in Q2 www.cfpbmonitor.com - 2:26PM CFPB issues 2016 Plain Writing Act Compliance Report CNBC - 2:21PM Band of England adds fuel to the bond fire freddiemac.mwnewsroom.com - 11:16AM Freddie Mac: Mortgage Rates Fall Back Near 2016 Low www.gallup.com - 9:43AM U.S. Gallup Good Jobs Rate Climbs to New High Again in July Fannie Mae - 7:59AM Fannie Mae Reports Net Income of $2.9 Billion and ... Reuters - 7:59AM Bank of England cuts rates for first time since 2009, restarts bond purchases Today's Rates Best Execution Rate Change 30 Yr FRM 3.38% -0.02 15 Yr FRM 2.72% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.01 5/1 Yr ARM 2.83% +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% 0.50 -0.05 15 Yr. Fixed 2.74% 0.50 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.73% 0.50 -0.05 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 3.0 103.97 +0.23 30YR FNMA 3.5 105.56 +0.17 30YR GNMA 3.0 104.95 +0.22 30YR GNMA 3.5 106.30 +0.14 15YR FNMA 3.0 104.95 +0.14 15YR FNMA 2.5 103.63 +0.14 Treasuries Yield Change 2 YR 0.6469% -0.0239 5 YR 1.0315% -0.0403 10 YR 1.5059% -0.0395 30 YR 2.2554% -0.0395 Prices as of: 8/4/2016 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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