Daily Newsletter: Rates Bounce Higher After Fed Comments; Non-Mortgage Debt a Potential Lender Concern; Inventories Still Driving Prices

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30 Year Fixed 3.98%   +0.03 15 Year Fixed 3.23%   +0.04 10YR Treasury 2.22%   +0.0769 FNMA 30YR 3.5 103.44   -0.45 FNMA 15YR 2.5 103.52   -0.33 View Today's Rates

Tuesday August 4, 2015 Mortgage Rate Watch - 7:26PM Mortgage Rates Higher After Fed Comments After hitting the best levels in just over 2 months yesterday, mortgage rates bounced moderately higher today. The move brings them back above Friday's levels, but not quite as high ... MND NewsWire - 1:59PM Non-Mortgage Debt a Potential Concern for Lenders Returning to economic normalcy apparently means that Americans are back into heavy-debt mode . Black Knight Financial Services said today that levels of non-mortgage debt at the end ... MND NewsWire - 10:52AM Tight Inventories Continue to Spur Price Gains The numbers of homes for sale in a few areas of the country have now dropped below a two month supply CoreLogic said today. Prices in cities with these tight inventories have appreciated ... Pipeline Press - 10:35AM QM & QRM Report; Closing & Servicing Costs March Higher Regina Lowrie from RML Advisors answers the question, "How should we handle the title insurance companies, escrow companies and closing attorneys in our vender management program where ... MBS RECAP: Widespread Reprices After Lockhart Comments MBS MID-DAY: Just Slightly Weaker as NFP Consolidation Begins MBS Day Ahead: Last Lull Before Things Get Serious Latest Video Data points that could reveal a rate hike Lockhart: Economy ready for rate hike in Sept. - WSJ Santelli Exchange: Fed vs. growth More News from 'Around the Web' Calculated Risk Blog - 4:35PM Lawler: Large Home Builder Results, Q2/2015 CNBC - 2:59PM Fed's Lockhart says September could be 'appropriate time' to lift interest rate: Report CNBC - 2:56PM How big data is changing real estate CNBC - 1:25PM Analysts: Commodities dip derails Fed rate hike Calculated Risk Blog - 12:39PM Goldman: "What's Keeping the Kids at Their Parents' Homes?" Reuters - 10:45AM Transportation equipment buoys U.S. factory orders in June Calculated Risk Blog - 10:44AM CoreLogic: House Prices up 6.5% Year-over-year in June www.realtor.com - 8:56AM The Top 10 Easiest Places to Buy a Home Washington Post - 8:54AM How to predict rising home prices and future gentrification Bloomberg - 8:50AM Historical Insights Into the Current Fed Dilemma freddiemac.mwnewsroom.com - 8:50AM Freddie Mac Reports Second Quarter 2015 Financial Results Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% +0.03 15 Yr FRM 3.23% +0.04 FHA 30 Year Fixed 3.75% +0.10 Jumbo 30 Year Fixed 3.77% +0.04 5/1 Yr ARM 3.00% +0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.26% 1.25 -0.06 30 Yr. Fixed 3.90% 1.28 -0.03 MBA ** 30 Yr. Fixed 4.23% 0.34 +0.00 15 Yr. Fixed 3.43% 0.34 +0.00 30 Yr. Jumbo 4.16% 0.33 -0.04 30 Yr. FHA 4.00% 0.17 -0.02 5/1 ARM 3.08% 0.41 -0.05 Freddie Mac ** 30 Yr. Fixed 3.98% 0.60 -0.06 15 Yr. Fixed 3.17% 0.60 -0.04 1 Yr. ARM 2.52% 0.30 -0.02 5/1 Yr. ARM 2.95% 0.40 -0.02 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 3.0 100.25 -0.53 30YR FNMA 3.5 103.44 -0.45 30YR GNMA 3.0 101.25 -0.61 30YR GNMA 3.5 103.97 -0.45 15YR FNMA 3.0 103.52 -0.33 15YR FNMA 2.5 101.20 -0.38 Treasuries Yield Change 2 YR 0.7361% +0.0676 5 YR 1.6070% +0.0913 10 YR 2.2249% +0.0769 30 YR 2.9022% +0.0502 Prices as of: 8/4/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: #1 Housing Market; Rates Moving Back into High 3's; Public Sector Buoys Construction Spending

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30 Year Fixed 3.95%   -0.02 15 Year Fixed 3.19%   -0.01 10YR Treasury 2.15%   -0.0392 FNMA 30YR 3.5 103.89   +0.06 FNMA 15YR 2.5 103.84   +0.02 View Today's Rates

Monday August 3, 2015 MND NewsWire - 3:04PM And the #1 Housing Market is.... Even though he has retired, don't you sometimes just want to smack David Letterman? The popularity of his Top 10 something or other lists have made the genre ubiquitous. Apparently ... Mortgage Rate Watch - 6:08PM Mortgage Rates Moving Into High 3's Mortgage rates continued lower today , adding to an already impressive streak of improvement that began in mid-July. Much of that improvement has come courtesy of increasing concerns ... MND NewsWire - 1:38PM June Construction Spending Buoyed by Public Sector Public monies shored up construction spending figures in June, just barely making up for a drop in expenditures from the private sector. The U.S. Census Bureau said that overall construction ... Pipeline Press - 10:17AM CFPB's Latest Fines; Upcoming Events and Training A big topic at last week's MBA Hawaii annual conference was change in the industry. As if residential lending doesn't have enough changes all the time, law firm Morrison & Foerster ... MBS RECAP: Inflation Expectations Dragging Rates Down MBS MID-DAY: Cue Global Growth Concerns (And Bond Rally) MBS Week Ahead: Can August Continue Where July Left Off? Latest Video Santelli: Traders eye 30-year Santelli Exchange: Keeping rates straight Is US economy strong enough for rate hike? Yes: Economist More News from 'Around the Web' www.cfpbmonitor.com - 5:14PM CFPB issues 2015 Plain Writing Act Compliance Report CNBC - 5:13PM Million-dollar home prices soften Market Watch - 3:05PM Demand for mortgage loans strong in second quarter: Fed freddiemac.mwnewsroom.com - 1:41PM Freddie Mac Guarantees First Multifamily Small Balance Loan Securitization www.frbsf.org - 1:40PM Interest Rates and House Prices: Pill or Poison? CNBC - 10:36AM Will the Fed's rate rise create more bankruptcies? Reuters - 10:26AM U.S. construction spending gain smallest in five months CNBC - 8:51AM Odds of a September Fed rate hike at 55%: JPMorgan www.realtor.com - 8:51AM The 20 Hottest Real Estate Markets in July 2015 WSJ - 8:45AM Inflation Misses Fed's 2% Target for 38th Straight Month Reuters - 12:47AM Germany's Merkel has chance of absolute majority, poll shows Calculated Risk Blog - 12:46AM July 2015: Unofficial Problem Bank list declines to 290 Institutions Calculated Risk Blog - 12:45AM Hotels: Best Week Ever, On Pace for Record Occupancy in 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% -0.02 15 Yr FRM 3.19% -0.01 FHA 30 Year Fixed 3.65% -0.10 Jumbo 30 Year Fixed 3.73% -0.02 5/1 Yr ARM 2.97% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.26% 1.25 -0.06 30 Yr. Fixed 3.90% 1.28 -0.03 MBA ** 30 Yr. Fixed 4.23% 0.34 +0.00 15 Yr. Fixed 3.43% 0.34 +0.00 30 Yr. Jumbo 4.16% 0.33 -0.04 30 Yr. FHA 4.00% 0.17 -0.02 5/1 ARM 3.08% 0.41 -0.05 Freddie Mac ** 30 Yr. Fixed 3.98% 0.60 -0.06 15 Yr. Fixed 3.17% 0.60 -0.04 1 Yr. ARM 2.52% 0.30 -0.02 5/1 Yr. ARM 2.95% 0.40 -0.02 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 3.0 100.78 +0.11 30YR FNMA 3.5 103.89 +0.06 30YR GNMA 3.0 101.86 +0.06 30YR GNMA 3.5 104.42 -0.03 15YR FNMA 3.0 103.84 +0.02 15YR FNMA 2.5 101.58 +0.05 Treasuries Yield Change 2 YR 0.6685% +0.0000 5 YR 1.5157% -0.0195 10 YR 2.1480% -0.0392 30 YR 2.8520% -0.0573 Prices as of: 8/3/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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