Daily Newsletter: Q2 Originations hit Three Year High; Maybe Home Prices Aren't Decelerating; Rates Fall

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30 Year Fixed 3.41%   -0.01 15 Year Fixed 2.75%   -0.01 10YR Treasury 1.54%   -0.0667 FNMA 30YR 3.5 105.52   +0.22 FNMA 15YR 2.5 104.86   +0.19 View Today's Rates

Tuesday September 6, 2016 MND NewsWire - 3:25PM Q2 Originations hit Three Year High First lien mortgage originations reached their highest level in the second quarter of 2016 of any single quarter since the same period in 2013. Black Knight Financial Services, in its ... MND NewsWire - 9:51AM Maybe Home Price Gains Aren't Decelerating After All Home price increases continued to exceed CoreLogic's own projections in July. The company's Home Price Index (HPI) indicates that home prices nationwide, including distressed sales ... Mortgage Rate Watch - 4:06PM Mortgage Rates Fall Back Into Range Mortgage Rates were in a bit of a pickle on Friday afternoon. The big jobs report had just come out slightly weaker than expected, yet rates didn't improve as they normally would, following ... MBS Commentary - 9:24AM MBS Week Ahead: Labor Day Week, With One Small Exception Normally, weaker readings on nonfarm payrolls result in bond market gains. While that was initially true on Friday, in less than 30 minutes, bonds were vaulting to the weakest levels ... Upcoming Training Events; Conv. Conforming News; eMortgage Segment Updates Changes to Credit Underwriting Guidelines - How Much Average Debt Is There? Latest Video Santelli Exchange: Growth through the prism of 'ISM' ISM non-manufacturing index 51.4 in August Fed 'one and done' best for the markets? More News from 'Around the Web' Reuters - 3:33PM Fed policymakers defend role of private bankers at central bank Reuters - 1:07PM U.S. services sector activity slows to a six and a half year low Fannie Mae - 1:06PM Fannie Mae Reminds Homeowners and Servicers of Mortgage Assistance Options for Areas Affected by the Hurricane in Southern Atlantic Coastal States www.builderonline.com - 10:53AM D.R. Horton Acquires Wilson Parker Homes Bloomberg - 10:53AM Global Market Rally: More Room to Run? - Bloomberg www.corelogic.com - 8:22AM CoreLogic US Home Price Report Shows Prices Up 6 Percent Year Over Year in July 2016 Calculated Risk Blog - 8:22AM Black Knight July Mortgage Monitor: "Purchase Lending Highest Since 2007" Reuters - 8:22AM Construction worker shortage weighs on hot U.S. housing market eyeonhousing.org - 8:21AM Basements Didn't Matter: New Homes Were Still Larger in 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.41% -0.01 15 Yr FRM 2.75% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.01 5/1 Yr ARM 2.84% -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 3.46% 0.50 +0.03 15 Yr. Fixed 2.77% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.83% 0.40 +0.08 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 +0.33 30YR FNMA 3.5 105.52 +0.22 30YR GNMA 3.0 104.77 +0.20 30YR GNMA 3.5 106.25 +0.14 15YR FNMA 3.0 104.86 +0.19 15YR FNMA 2.5 103.50 +0.23 Treasuries Yield Change 2 YR 0.7301% -0.0636 5 YR 1.1153% -0.0826 10 YR 1.5374% -0.0667 30 YR 2.2299% -0.0461 Prices as of: 9/6/2016 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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