Daily Newsletter: Jobs Report Crushes Bond Markets; Mortgage Rates Back to 4 Percent; Property Taxes About More than just Home Values; Jumbo News

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30 Year Fixed 3.97%   +0.12 15 Year Fixed 3.25%   +0.10 10YR Treasury 2.25%   +0.1313 FNMA 30YR 3.5 103.92   -0.58 FNMA 15YR 2.5 104.16   -0.42 View Today's Rates

Friday March 6, 2015 Mortgage Rate Watch - 4:38PM Mortgage Rates Destroyed (Relatively) by Another Strong Jobs Report Mortgage rates were more or less obliterated today. Of course, everything's relative, so the obliteration is only relative to the average day of rate movement. In that regard, today ... MND NewsWire - 3:42PM Report ties Property Taxes to more than Home Value It seems that taxes on real property reflect not only the value of the property itself, but also how long the owner has held title. That was one finding of a study released this week ... MBS Commentary - 12:32PM MBS MID-DAY: Jobs Report Crushes Bond Market's Spirit; Pain Trade For Dip-Buyers What is a dip-buyer? That's just a fancy term for an investor who has seen prices fall far enough to entice them to buy in the hopes of a bounce. It's like catching the proverbial falling ... Pipeline Press - 11:04AM Jumbo News in Primary, Secondary and The Securitization Markets Daylight Savings commences for many parts of the U.S. dark and early Sunday morning. For many this means spring is around the corner, with improved weather and the nearing of the "home ... MBS Day Ahead: Suddenly, NFP Matters Again. Maybe This Chart Explains Why Single Fannie/Freddie Security Details Coming Soon - FHFA Latest Video Making sense of jobs growth Market prepping for rate hikes? Hatzius: Jobs report good, but not wildly so More News from 'Around the Web' Bloomberg - 5:55PM Investors `Pricing-In' Fed Rate Increase: Clarida Says Reuters - 5:55PM Wall Street firms more convinced of June rate hike: Reuters poll Calculated Risk Blog - 4:31PM Update: Best Private Sector Job Creation "Ever"? CNBC - 4:31PM To sell your home, don't remodel—repair Market Watch - 1:57PM Fed's Lacker wants the first rate hike to come in June CNBC - 1:51PM The stealth way homes are selling in San Francisco Market Watch - 11:41AM Bond Report: Treasury yields spike to 2015 highs after strong jobs report CNBC - 10:05AM Does jobs report mean a June rate hike? WSJ - 9:14AM Fed's Williams: Ready to Consider Rate Rises Starting This Summer Market Watch - 9:12AM U.S. trade deficit narrows 8.4% to $41.8 billion in January CNBC - 9:12AM Strong jobs just reset Fed rate clock: Jim Paulsen Bloomberg - 8:27AM February Jobs Report May Face Winter Weather Delay Bloomberg - 8:25AM ECB May Need Lower Rates to Attain QE Target, Standard Bank Says Bloomberg - 12:23AM BofA Countrywide Deal Approval May Help JPMorgan, Citi Deals - Bloomberg www.wsj.com - 12:22AM Bigger Mortgages Likelier to Go Bust Today's Rates Best Execution Rate Change 30 Yr FRM 3.97% +0.12 15 Yr FRM 3.25% +0.10 FHA 30 Year Fixed 3.75% +0.25 Jumbo 30 Year Fixed 3.87% +0.05 5/1 Yr ARM 3.20% +0.05 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.96% 0.30 -0.03 15 Yr. Fixed 3.27% 0.30 -0.01 30 Yr. Jumbo 3.95% 0.27 -0.14 30 Yr. FHA 3.76% 0.21 -0.06 5/1 ARM 3.05% 0.50 -0.23 Freddie Mac ** 30 Yr. Fixed 3.75% 0.60 -0.05 15 Yr. Fixed 3.03% 0.60 -0.04 1 Yr. ARM 2.44% 0.40 +0.00 5/1 Yr. ARM 2.96% 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 3.0 100.61 -0.81 30YR FNMA 3.5 103.92 -0.58 30YR GNMA 3.0 101.83 -0.55 30YR GNMA 3.5 104.27 -0.55 15YR FNMA 3.0 104.16 -0.42 15YR FNMA 2.5 101.66 -0.56 Treasuries Yield Change 2 YR 0.7274% +0.0805 5 YR 1.6972% +0.1226 10 YR 2.2467% +0.1313 30 YR 2.8450% +0.1204 Prices as of: 3/6/2015 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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