Daily Newsletter: Rates Holding Near 3-Month Highs; CFPB Updates Know Before You Owe; Seller's Market Intensifies per Fannie Survey

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30 Year Fixed 4.13%   +0.00 15 Year Fixed 3.38%   +0.00 10YR Treasury 2.39%   +0.0054 FNMA 30YR 3.5 102.36   -0.06 FNMA 15YR 2.5 102.41   -0.05 View Today's Rates

Friday July 7, 2017 Mortgage Rate Watch - 3:59PM Mortgage Rates Holding Near 3-Month Highs Mortgage rates didn't move much higher today for most lenders. While that absence of additional weakness is "nice," the net effect is that rates remain in line with their worst levels ... MND NewsWire - 3:33PM CFPB Updates Know Before You Owe Rule The Consumer Financial Protection Bureau (CFPB) has announced final updates to it "Know Before You Owe" mortgage disclosure rule which went into effect on October 3, 2015. The changes ... MND NewsWire - 10:46AM Consumers Remain Upbeat About Buying, Selling Homes It may be good news for those skinny housing inventories, homebuyers are allegedly confronting that increasing numbers of homeowners think now is a good time to sell . Fannie Mae says ... MBS Commentary - 8:25AM MBS Day Ahead: NFP Doesn't Matter, Even If We See a Big Reaction "NFP doesn't matter." These are bold words at times, a no-brainer at others, and a lucky guess most of the time. While NFP matters greatly in general and has, on average, been far and ... State-Level Lending Law Changes; Exec's Letter to LOs on Locks/Extensions Fed's Powell on Urgency of Housing Finance Reform Latest Video Goldman Sachs' Jan Hatzius: We will see a rebound in wage growth Job growth jumps to 222,000 in June; unemployment steady at 4.4% Will anything push the Fed off its course of tightening policy this year? More News from 'Around the Web' Market Watch - 4:25PM Forget conventional thinking: stock moves preclude bond moves, not the other way around www.consumerfinancemonitor.com - 4:24PM CFPB Finalizes TRID Rule Amendments, Punts on Black Hole Issue CNBC - 2:30PM Solid US jobs report to keep Fed in 'hike-once-a-quarter mindset': Gundlach Reuters - 11:20AM Fed sees steady economy, only 'moderate' financial vulnerabilities CNBC - 11:10AM Strong jobs growth means full steam ahead for the Fed CNBC - 11:00AM There's still one giant problem with the US jobs picture Bloomberg - 10:30AM Volcker Says Trump Changes to Volcker Rule Won't Erode Principle Fannie Mae - 8:45AM Housing Sentiment at Record High as Consumers' ... CNBC - 8:45AM Job growth jumps to 222,000 in June; unemployment steady at 4.4% www.npr.org - 8:03AM How To See If Home Prices Are Rising Or Falling Where You Live Market Watch - 8:02AM Global bond yields continue their rise, prompting Bank of Japan to intensify intervention Bloomberg - 8:02AM German Bonds Face Fresh Downside Risks After Technical Breakout CNBC - 8:02AM US Treasurys edge lower as bond investors await jobs data, wage growth Today's Rates Best Execution Rate Change 30 Yr FRM 4.13% +0.00 15 Yr FRM 3.38% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.40% +0.01 5/1 Yr ARM 3.20% +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 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 3.96% 0.60 +0.08 15 Yr. Fixed 3.22% 0.50 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 0.50 +0.04 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 99.41 -0.13 30YR FNMA 3.5 102.36 -0.06 30YR GNMA 3.0 100.78 +0.08 30YR GNMA 3.5 103.34 0.00 15YR FNMA 3.0 102.41 -0.05 15YR FNMA 2.5 100.23 -0.08 Treasuries Yield Change 2 YR 1.4031% +0.0006 5 YR 1.9487% +0.0120 10 YR 2.3856% +0.0054 30 YR 2.9273% +0.0257 Prices as of: 7/7/2017 4:46PM 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: Home Prices Losing Momentum; Redfin IPO; Rates Catch Break

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30 Year Fixed 4.11%   +0.00 15 Year Fixed 3.37%   +0.00 10YR Treasury 2.33%   -0.0214 FNMA 30YR 3.5 102.59   +0.16 FNMA 15YR 2.5 102.55   +0.11 View Today's Rates

Wednesday July 5, 2017 MND NewsWire - 10:20AM CoreLogic HPI Loses a Bit of Momentum Home prices ratcheted down their rate of gains in May, although as they say, it is all relative. After jumping by 1.6 percent in both March and April, and posting a 6.8 percent annual ... MND NewsWire - 12:07PM Redfin is Going Public; Acknowledges "Flipping" Subsidiary Redfin, the Seattle-based real estate brokerage (among other things) company is expected to soon take its place on the Nasdaq. The company filed a long awaited initial public offering ... Mortgage Rate Watch - 4:15PM Mortgage Rates Finally Catch a Break Mortgage rates had been rising at an uncomfortable pace since June 27th. As of Monday, the average conventional 30yr fixed rate quote was 0.125% higher in 5 business days. That's a ... Pipeline Press - 9:31AM State-level Changes to Licensing, Servicing; Capital Markets The U.S. Treasury Department recently issued a report titled “A Financial System That Creates Economic Opportunities-Banks and Credit Unions.” In addition to recommended ... MBS Day Ahead: Looking for Signs of Support Amid Muted Data Residential Spending has Bad Month; Holds up Well Overall Latest Video Major changes coming to mortgage underwriting Trading 10-year bonds Market ready for Fed to reduce balance sheet: Pro More News from 'Around the Web' CNBC - 4:42PM Some Fed officials are concerned stock prices may be too 'high' CNBC - 2:04PM Fed minutes: Inflation to rise; loose policy posing risks Bloomberg - 11:45AM Pimco's Kiesel on the Federal Reserve and Markets www.corelogic.com - 8:35AM CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 www.realtor.com - 8:35AM Fast Track to Skyrocketing Real Estate Prices: The New Public-Transit Effect www.federalregister.gov - 8:33AM 2018-2020 Enterprise Housing Goals Bloomberg - 8:31AM HSBC Said in Talks With US to End Crisis-Era Mortgage Probe Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.00 15 Yr FRM 3.37% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.38% +0.00 5/1 Yr ARM 3.17% -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 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 3.88% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.17% 0.50 +0.03 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 99.75 +0.23 30YR FNMA 3.5 102.59 +0.16 30YR GNMA 3.0 100.88 +0.19 30YR GNMA 3.5 103.42 +0.09 15YR FNMA 3.0 102.55 +0.11 15YR FNMA 2.5 100.39 +0.09 Treasuries Yield Change 2 YR 1.4103% -0.0038 5 YR 1.9167% -0.0149 10 YR 2.3267% -0.0214 30 YR 2.8485% -0.0153 Prices as of: 7/5/2017 4:44PM 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: Worst 5 Days For Rates Since The Election; Bad Month for Construction Spending; Fannie Volume Summary

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30 Year Fixed 4.11%   +0.04 15 Year Fixed 3.37%   +0.05 10YR Treasury 2.35%   +0.0444 FNMA 30YR 3.5 102.44   -0.23 FNMA 15YR 2.5 102.44   -0.16 View Today's Rates

Monday July 3, 2017 Mortgage Rate Watch - 1:42PM Worst 5 Days For Rates Since The Election Mortgage rates continue rising at an uncomfortable pace for anyone in the market to buy or refinance. Today was the 5th straight day of quicker-than-average movement higher and it leaves ... MND NewsWire - 10:51AM Residential Spending has Bad Month; Holds up Well Overall Construction spending was essentially flat in May when compared to April. The U.S. Census Bureau said on Monday that there were seasonally adjusted annualized expenditures of $1.23 ... Pipeline Press - 9:40AM Residential Legal News; Disaster Area Updates; FHA, VA, and Ginnie News We’ve sailed through half of 2017 already. (“Life is like a roll of toilet paper. The closer you get to the end, the faster it goes.” Since many folks have today off ... MND NewsWire - 9:12AM Fannie Mae Issues May Volume Summary Fannie Mae's Book of Business increased at a compounded annual rate of 1.5 percent in April to a value of $3.168 trillion compared to $3.164 trillion in April. The Book has increased ... MBS Week Ahead: Holiday-Punctuated Week Still Has a Lot to Tell Us Does Refi Advertising Help or Hurt Borrowers and Lenders? Latest Video ISM manufacturing index comes in at 57.8 for June Housing inventory issues and weak sales expected to continue What to expect from the June jobs report More News from 'Around the Web' Bloomberg - 11:53AM El-Erian Says Bet on Emerging Markets Due to Better Valuations - Bloomberg CNBC - 11:28AM Market top coming because Fed's easy money 'no longer politically acceptable', Bank of America says CNBC - 10:03AM ISM manufacturing index hits 57.8 in June; construction spending unchanged in May Reuters - 8:39AM Central bankers want communication, not coordination CNBC - 8:10AM US Treasurys edge lower as bond investors focus on data, auctions Market Watch - 8:09AM Currencies: Dollar climbs, rebounding from last week's sharp loss Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.04 15 Yr FRM 3.37% +0.05 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.38% +0.05 5/1 Yr ARM 3.18% +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 4.13% 0.32 +0.00 15 Yr. Fixed 3.39% 0.33 -0.01 30 Yr. Jumbo 4.09% 0.20 +0.01 30 Yr. FHA 4.02% 0.41 -0.02 5/1 ARM 3.31% 0.25 +0.05 Freddie Mac ** 30 Yr. Fixed 3.88% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.17% 0.50 +0.03 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 99.52 -0.31 30YR FNMA 3.5 102.44 -0.23 30YR GNMA 3.0 100.69 -0.28 30YR GNMA 3.5 103.33 -0.19 15YR FNMA 3.0 102.44 -0.16 15YR FNMA 2.5 100.30 -0.17 Treasuries Yield Change 2 YR 1.4141% +0.0285 5 YR 1.9316% +0.0449 10 YR 2.3481% +0.0444 30 YR 2.8638% +0.0298 Prices as of: 7/3/2017 2:05PM 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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