Daily Newsletter: Home Prices Still Defying Odds; Refinanceable Population Soars

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30 Year Fixed 3.98%   -0.01 15 Year Fixed 3.25%   -0.01 10YR Treasury 2.15%   -0.0157 FNMA 30YR 3.5 103.19   +0.06 FNMA 15YR 2.5 102.97   +0.08 View Today's Rates

Thursday June 22, 2017 MND NewsWire - 9:38AM FHFA Home Prices Continue Strong Gains April data from the Federal Housing Finance Agency (FHFA) indicates that, once again, there was no moderation in the pace of home price increases . FHFA's Housing Price Index (HPI) ... MND NewsWire - 9:18AM Prepayment Rate and Refinanceable Population Have Both Soared Prepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its "first look" at the month's mortgage performance data ... Mortgage Rate Watch - 3:50PM Mortgage Rates Sideways to Slightly Lower Mortgage rates have been so little-changed in recent days that yesterday's coverage wouldn't need to be changed in order to apply perfectly today. Indeed, the 3rd paragraph is a word ... MND NewsWire - 9:17AM Purchase Loans, Closing Rates Improved in May Originations are increasingly tilted toward home purchase mortgages per the latest Origination Insight Report from Ellie Mae. The May data show the share of those mortgages gained another ... Multiple Vendor Updates; Internal Audit Service; Alight Raising Capital MBS Day Ahead: Clearly a Waiting Game, but For How Long? Latest Video Falling mortgage rates and rising home prices make for attractive refinancing combo Santelli Exchange: Rising risks for the US economy Here's why one trader is selling the bond rally More News from 'Around the Web' Calculated Risk Blog - 3:18PM U.S. Demographics: The Millennials Take Over Reuters - 2:08PM Home Capital's shares surge as Buffett rides to rescue Calculated Risk Blog - 11:14AM Kansas City Fed: Regional Manufacturing Activity "Expanded Further" in June Market Watch - 9:24AM Bond Report: Treasurys steady as jobless-claims data extend streak of strong reports Bloomberg - 8:30AM Top-Heavy US Housing Market Is Crowding Out the Little Guys - Bloomberg CNBC - 8:29AM The pros and cons of paying off your mortgage before retirement www.builderonline.com - 8:29AM Real Estate Tech Startup Homie Expands Into Mortgage Lending Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% -0.01 15 Yr FRM 3.25% -0.01 FHA 30 Year Fixed 3.65% -0.05 Jumbo 30 Year Fixed 4.25% -0.01 5/1 Yr ARM 3.05% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 3.90% 0.50 -0.01 15 Yr. Fixed 3.17% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.14% 0.50 -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 3.0 100.64 +0.08 30YR FNMA 3.5 103.19 +0.06 30YR GNMA 3.0 101.70 -0.05 30YR GNMA 3.5 104.00 +0.05 15YR FNMA 3.0 102.97 +0.08 15YR FNMA 2.5 100.91 +0.05 Treasuries Yield Change 2 YR 1.3442% -0.0080 5 YR 1.7599% -0.0149 10 YR 2.1494% -0.0157 30 YR 2.7170% -0.0126 Prices as of: 6/22/2017 4:13PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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