Daily Newsletter: New Home Sales Rebound; Prices Crush Previous Record; Diversity's Homeownership Impact

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30 Year Fixed 3.98%   +0.00 15 Year Fixed 3.26%   +0.01 10YR Treasury 2.14%   -0.0037 FNMA 30YR 3.5 103.25   +0.05 FNMA 15YR 2.5 102.91   -0.08 View Today's Rates

Friday June 23, 2017 MND NewsWire - 10:46AM New Home Sales Rebound; Prices Crush Previous Record The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U.S. Census Bureau and the Department ... Mortgage Rate Watch - 4:59PM Rates Cap Impressively Sideways Week Near Long-Term Lows Weeks like this are the reason that some mortgage rate analysis is only done once a week. There haven't been any significant developments in financial markets--at least not as far as ... MND NewsWire - 2:09PM Diversity Not Destined to Dampen Homeownership The final installment of a series of working papers produced by the University of Southern California (USC), in partnership with Fannie Mae, looks at the decade-spanning 10-point plunge ... Pipeline Press - 10:13AM Legal and Compliance News - Servicing Enforcement Action Rumors continue to swirl, this time about Orange County’s Americash. Yes, the drop in refi volume is showing, and even if you made it through the bad first quarter, it’s ... MBS Day Ahead: Bond Traders Eyeing The Exits As Flat Week Winds Down FHFA Home Prices Continue Strong Gains Latest Video Median sale price rises to highest on record The Week Ahead: Housing market in the spotlight Pros and cons of paying off mortgage before retirement More News from 'Around the Web' The Basis Point - 5:24PM Marketing lessons from $1b Clooney tequila and fallen fintech lender Sindeo Bloomberg - 5:16PM Stocks Are Ignoring Oil's Bear Market CNBC - 4:04PM Here's how much housing prices have skyrocketed over the last 50 years www.redfin.com - 4:04PM How to Get a Mortgage Without a Full-Time, Permanent Job CNBC - 1:35PM Fungal toxins in the home can easily become airborne and be inhaled, says study webfeeds.brookings.edu - 1:35PM Future Development Reads: Air conditioning and economic development freddiemac.mwnewsroom.com - 1:33PM Freddie Mac June 2017 Outlook Calculated Risk Blog - 12:31PM A few Comments on May New Home Sales CNBC - 11:51AM US Treasurys trade flat after data, Fed speeches in focus Bloomberg - 11:26AM Why Can't They Build More Homes Where the Jobs Are? - Bloomberg Market Watch - 11:25AM The Fed: Fed's Bullard says time for Fed to pause on rate hikes CNBC - 10:48AM Last place left where investors are flocking to active ETFs: Bonds freddiemac.mwnewsroom.com - 8:39AM Freddie Mac Issues Monthly Volume Summary for May 2017 Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% +0.00 15 Yr FRM 3.26% +0.01 FHA 30 Year Fixed 3.65% +0.00 Jumbo 30 Year Fixed 4.25% +0.00 5/1 Yr ARM 3.07% +0.02 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 3.0 100.70 +0.03 30YR FNMA 3.5 103.25 +0.05 30YR GNMA 3.0 101.67 -0.03 30YR GNMA 3.5 103.95 -0.05 15YR FNMA 3.0 102.91 -0.08 15YR FNMA 2.5 100.94 +0.02 Treasuries Yield Change 2 YR 1.3446% +0.0004 5 YR 1.7565% -0.0034 10 YR 2.1440% -0.0037 30 YR 2.7147% -0.0008 Prices as of: 6/23/2017 5:05PM 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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