Daily Newsletter: Rates Slightly Lower; Contract Signings Second Lowest in 17 Months; Campaign Debate Missing Critical Issue

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30 Year Fixed 3.66%   -0.01 15 Year Fixed 2.96%   -0.01 10YR Treasury 1.74%   -0.0190 FNMA 30YR 3.5 104.77   +0.11 FNMA 15YR 2.5 104.27   +0.06 View Today's Rates

Monday February 29, 2016 Mortgage Rate Watch - 5:10PM Mortgage Rates Slightly Lower to Begin Week Mortgage rates were slightly lower today, recovering only some of the weakness seen over the past several business days. Apart from last Friday, today's rates are still the highest ... MND NewsWire - 11:00AM Contract Signings Second Lowest in 17 Months Pending home sales kicked off 2016 by declining nationally and in three of the country's four regions. The National Association of Realtors® (NAR) said that its Pending Home Sales ... MND NewsWire - 10:58AM Campaign Debate Missing Critical Housing Issue Why has one of the nation's most critical issues been missing from the presidential debates? Faith Schwartz, CoreLogic's Senior Vice President for Government Affairs says it can't be ... Pipeline Press - 10:31AM Upcoming Events; Primer on Mortgage Insurance and What MI Folks are Doing Lenders everywhere are looking forward to a great March given their swollen locked pipelines . As thousands of operations folks descend on Ellie's conference in Las Vegas, regulation ... MBS Day Ahead: 2 Warnings in Short Term Bond Markets CFPB Goals Shift Focus Away From Mortgages, Relatively Latest Video Pro: Negative rates not a 'free lunch' Pending home sales drop Expect $85 oil by end of 2016: Pro More News from 'Around the Web' www.wellsfargo.com - 4:55PM Wells Fargo LIFT programs create 11,000 homeowners Calculated Risk Blog - 4:54PM Fannie Mae: Mortgage Serious Delinquency rate unchanged in January Realtor.Org - 3:56PM Which Markets are Best For Building Apartments This Year? CNBC - 2:17PM Fed rate U-turn? Don't bet on it freddiemac.mwnewsroom.com - 2:13PM Freddie Mac February 2016 Insight & Outlook www.realtor.com - 2:13PM Which Region Is Poised to See the Most Home Sales? Bloomberg - 12:25PM Bond, Gold Markets Don't Believe Fed Hikes: Sherman Reuters - 10:39AM U.S. pending home sales hit one-year low in January Calculated Risk Blog - 10:38AM Chicago PMI declines to 47.6 www.freddiemac.com - 9:22AM Crafting Creative Solutions, Staying True to Our Principles Bloomberg - 9:21AM RBC: If Yellen Doesn't Hike in March, Then the Fed Isn't Really "Data Dependent" www.bkfs.com - 9:18AM Black Knight Home Price Index Report: December 2015 Transactions Bloomberg - 8:03AM Manhattan Penthouse Gets Sliced in Two as Luxury Market Falters www.realtor.com - 8:03AM The Features That Help a Home Sell Fastest—and the Ones That Don't Washington Post - 8:02AM Why losing a home means losing everything Today's Rates Best Execution Rate Change 30 Yr FRM 3.66% -0.01 15 Yr FRM 2.96% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.50% -0.01 5/1 Yr ARM 2.97% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 3.83% 0.36 -0.08 15 Yr. Fixed 3.11% 0.31 -0.07 30 Yr. Jumbo 3.74% 0.26 -0.02 30 Yr. FHA 3.67% 0.34 -0.05 5/1 ARM 2.92% 0.32 -0.04 Freddie Mac ** 30 Yr. Fixed 3.62% 0.60 -0.03 15 Yr. Fixed 2.93% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.50 -0.06 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 3.0 102.55 +0.16 30YR FNMA 3.5 104.77 +0.11 30YR GNMA 3.0 103.39 +0.09 30YR GNMA 3.5 105.36 +0.08 15YR FNMA 3.0 104.27 +0.06 15YR FNMA 2.5 102.55 +0.09 Treasuries Yield Change 2 YR 0.7855% -0.0079 5 YR 1.2171% -0.0145 10 YR 1.7382% -0.0190 30 YR 2.6163% -0.0146 Prices as of: 2/29/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Mortgage Rates End Week At Highs; CFPB Shifting Focus; TRID Driving Cash Sales?

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30 Year Fixed 3.67%   +0.02 15 Year Fixed 2.97%   +0.02 10YR Treasury 1.76%   +0.0552 FNMA 30YR 3.5 104.66   -0.16 FNMA 15YR 2.5 104.20   -0.09 View Today's Rates

Friday February 26, 2016 Mortgage Rate Watch - 5:55PM Mortgage Rates End Week At Highs Mortgage rates moved higher again today--this time at a slightly quicker pace--bringing averages up to the highest levels in at least a week. That said, the recent rate range has been ... MND NewsWire - 2:42PM CFPB Goals Shift Focus Away From Mortgages, Relatively In a speech this week to its Consumer Advisory Board the director of the Consumer Financial Protection Bureau (CFPB) laid out nine goals for the Bureau over the next two years. Richard ... MND NewsWire - 2:33PM Rise in Cash Sales another TRID Fallout The percentage of homes sales that were all cash transactions increased in November, bucking a long term trend . CoreLogic, in its monthly cash sales report said cash sales represented ... Pipeline Press - 10:58AM HR 2121 - A Big Bill for Lenders; Licensing News From Around the Nation I continue to see lenders and vendors who are trying to help their clients in the best ways they know how in spite of the labyrinth of weighty, and often conflicting, regulations . ... MBS Day Ahead: Why So Resilient And How Long Will it Last? Behavior Modification and the New HELOC Latest Video New paper criticizes Fed communication Santelli: Dollar & rates higher Q4 GDP up 1.0% (revised) More News from 'Around the Web' CNBC - 5:17PM Buiter takes on Bullard's Brexit view Bloomberg - 5:16PM Is the Market Underestimating the Fed? Market Watch - 3:52PM Why $5,000 home renovations pay off the most Calculated Risk Blog - 3:52PM Freddie Mac: Mortgage Serious Delinquency rate increased slightly in January Market Watch - 3:49PM LendingClub shifts risk ahead of court ruling, could inspire other online lenders to join rss.nytimes.com - 2:26PM Economic View: Fed's 3 Mandates: Price Stability, Jobs and ... Wall Street? Bloomberg - 2:26PM Brainard Says Fed Rate Rises May Be Slower Amid Global Headwinds CNBC - 2:26PM More affected by IRS cyberattacks: DJ Bloomberg - 2:24PM JPMorgan Blames Cash Market for Flash Rally CNBC - 11:50AM Powell: Fed's approach means surprises Market Watch - 11:50AM The Fed: How the Fed can talk more clearly so the market will listen CNBC - 9:11AM US fourth-quarter growth revised up to 1 percent www.cfpbmonitor.com - 8:36AM CFPB policy priorities confirm rulemaking plans, interest in small business lending Today's Rates Best Execution Rate Change 30 Yr FRM 3.67% +0.02 15 Yr FRM 2.97% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.51% +0.01 5/1 Yr ARM 2.98% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 3.83% 0.36 -0.08 15 Yr. Fixed 3.11% 0.31 -0.07 30 Yr. Jumbo 3.74% 0.26 -0.02 30 Yr. FHA 3.67% 0.34 -0.05 5/1 ARM 2.92% 0.32 -0.04 Freddie Mac ** 30 Yr. Fixed 3.62% 0.60 -0.03 15 Yr. Fixed 2.93% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.50 -0.06 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 3.0 102.39 -0.23 30YR FNMA 3.5 104.66 -0.16 30YR GNMA 3.0 103.30 -0.17 30YR GNMA 3.5 105.28 -0.08 15YR FNMA 3.0 104.20 -0.09 15YR FNMA 2.5 102.45 -0.13 Treasuries Yield Change 2 YR 0.7934% +0.0709 5 YR 1.2316% +0.0776 10 YR 1.7572% +0.0552 30 YR 2.6309% +0.0497 Prices as of: 2/26/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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