Daily Newsletter: Rates Steady-to-Higher; Appraisal Process a Disadvantage to Mortgage Borrowers; Ellie Mae's HMDA Readiness

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30 Year Fixed 4.01%   +0.00 15 Year Fixed 3.26%   +0.00 10YR Treasury 2.21%   +0.0122 FNMA 30YR 3.5 102.95   -0.27 FNMA 15YR 2.5 102.94   -0.05 View Today's Rates

Monday June 12, 2017 Mortgage Rate Watch - 4:46PM Mortgage Rates Steady-to-Higher as Busy Week Begins Mortgage rates were either flat or slightly higher , depending on the lender today. Movement in underlying bond markets suggested a modest increase in rates, but it came too late in ... MND NewsWire - 10:48AM UI: Appraisal Process Disadvantages Mortgage Borrowers Does an outdated and sluggish appraisal system give an outsized advantage to cash buyers ? A recent panel discussion sponsored by the Urban Institute (UI) led to that conclusion. Four ... Pipeline Press - 9:15AM Tech Survey; Vendor Updates - Partnerships Abound; Ellie and HMDA Readiness There is news out that Brian Brooks, general counsel for Fannie Mae, will be nominated as deputy secretary of the U.S. Treasury. Brooks worked at California bank OneWest with Treasury ... MBS Commentary - 9:10AM MBS Week Ahead: Densely-Packed Week Promises to Impact Bond Markets It would be miraculous to see bond markets escape this week without experiencing some sort of reaction to the plethora of data and scheduled events. From a market movement potential ... NAR Paper Identifies Homeownership Hurdles Home Equity Gains Continue to Mount Latest Video 3-Year Treasury note auction yield: 1.5% White House cannot wave a magic wand and make regulations go away: Expert Treasury to release report urging a revamp of regulations More News from 'Around the Web' CNBC - 4:40PM US budget deficit jumps in May as spending outpaces revenue www.gallup.com - 4:40PM US Investors Taking Basic Steps to Build, Protect Finances CNBC - 4:39PM Secret Service reportedly has no Trump tapes content.govdelivery.com - 4:39PM FDIC Consumer News Issues Warning About 10 Scams Targeting Bank Customers Bloomberg - 1:52PM Expected Inflation Falls Close to Record Low, Fed Survey Shows PR Newswire - 12:32PM Global Economy Shows Improvement for 2017 eyeonhousing.org - 11:08AM Consumer Credit Expands, But At A Slower Pace Bloomberg - 10:23AM Fed Getting New Rules of the Road Ready for Balance Sheet Unwind Fannie Mae - 9:35AM Fannie Mae Prices $985.3 Million Multifamily DUS REMIC ... CNBC - 9:35AM The 12 best states for first-time home buyers Bloomberg - 8:31AM In Detroit, Anyone Can Be a Real Estate Developer www.npr.org - 8:30AM Words You'll Hear: Dodd-Frank CNBC - 8:27AM ECB to extend QE into 2019, says SocGen Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% +0.00 15 Yr FRM 3.26% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.30% +0.01 5/1 Yr ARM 3.06% +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 3.89% 0.50 -0.05 15 Yr. Fixed 3.16% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.11% 0.50 +0.00 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 -0.30 30YR FNMA 3.5 102.95 -0.27 30YR GNMA 3.0 101.94 +0.19 30YR GNMA 3.5 104.17 +0.08 15YR FNMA 3.0 102.94 -0.05 15YR FNMA 2.5 100.86 -0.05 Treasuries Yield Change 2 YR 1.3591% +0.0203 5 YR 1.7797% +0.0133 10 YR 2.2145% +0.0122 30 YR 2.8686% +0.0122 Prices as of: 6/12/2017 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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Daily Newsletter: Dodd-Frank Overhaul Passes House; Rates Continue Higher; Homeownership Hurdles; Equity Gains

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30 Year Fixed 4.01%   +0.01 15 Year Fixed 3.26%   +0.01 10YR Treasury 2.20%   +0.0103 FNMA 30YR 3.5 103.22   -0.02 FNMA 15YR 2.5 102.98   -0.13 View Today's Rates

Friday June 9, 2017 MND NewsWire - 8:38AM Dodd-Frank Overhaul Passes House While the attention of much of the country was focused elsewhere on Thursday, the House of Representatives passed the H.R. 10, the Financial Choice Act, along straight party lines. ... Mortgage Rate Watch - 4:13PM Mortgage Rates Continue Modestly Higher Mortgage rates moved higher for the second straight day amid a general lack of actionable information. Some investors noted that the results of the elections in the U.K. were surprising ... MND NewsWire - 12:37PM NAR Paper Identifies Homeownership Hurdles Five barriers to homeownership are identified in a new study released on Friday by the National Association of Realtors® (NAR). The white paper, titled "Hurdles to Homeownership ... MND NewsWire - 10:00AM Home Equity Gains Continue to Mount Homeowner equity increased by another 11.2 percent over the four quarters that ended with the first quarter of 2016. CoreLogic's home equity analysis for the Quarter One, shows that ... Credit Access Mixed by Loan Type Lender Fee Changes; eNote News; MBA Performance Report MBS Day Ahead: Bigger Picture Bounce Risk Remains After High-Risk Events Latest Video US cities are moving toward renting vs. buying Does the UK vote weaken Britain's hand in Brexit talks with the EU? Picking apart Dodd-Frank More News from 'Around the Web' Market Watch - 3:54PM The Fed: Fed should consider raising 2% inflation target, prominent economists say CNBC - 3:45PM The GOP still champions Trump, but that might not last Calculated Risk Blog - 3:43PM Merrill FOMC Preview CNBC - 2:32PM Top economists rip Fed, call for letting inflation run higher than normal The Atlantic - 2:20PM The House Takes Another Step Toward Repealing Dodd-Frank Calculated Risk Blog - 12:32PM Mortgage Equity Withdrawal slightly negative in Q1 Bloomberg - 11:33AM Flows Show That Bond Bears Just Capitulated, Says Bank of America CNBC - 10:11AM Wholesale inventories slide 0.5% in April, falling short of estimates CNBC - 8:22AM US Treasurys mixed as bond investors digest UK election news www.builderonline.com - 8:20AM Homeowners Are Worth How Much More!? CNBC - 8:20AM House Republicans take a knife to post-crisis Wall Street regulations Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% +0.01 15 Yr FRM 3.26% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.29% +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 3.89% 0.50 -0.05 15 Yr. Fixed 3.16% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.11% 0.50 +0.00 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 3.0 100.55 -0.09 30YR FNMA 3.5 103.22 -0.02 30YR GNMA 3.0 101.75 -0.20 30YR GNMA 3.5 104.09 -0.14 15YR FNMA 3.0 102.98 -0.13 15YR FNMA 2.5 100.91 -0.14 Treasuries Yield Change 2 YR 1.3388% +0.0165 5 YR 1.7664% +0.0148 10 YR 2.2023% +0.0103 30 YR 2.8564% +0.0054 Prices as of: 6/9/2017 5:06PM 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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