Daily Newsletter: Mortgage Rates Back to Lows of the Week; Distressed Loans Back to Pre-Crisis Levels; Freddie Expands LTVs

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30 Year Fixed 3.66%   -0.05 15 Year Fixed 2.96%   -0.04 10YR Treasury 1.74%   -0.0725 FNMA 30YR 3.5 104.86   +0.28 FNMA 15YR 2.5 104.42   +0.17 View Today's Rates

Thursday February 18, 2016 Mortgage Rate Watch - 8:09PM Mortgage Rates Back to Lows of the Week Mortgage rates finally held their ground today, earning back some of the ground lost over the past 3 days. While a substantial gap remains between today and last week's lows, rates ... MND NewsWire - 2:00PM Distressed Loans back to Pre-Crisis Levels The overall delinquency rate on mortgage loans has now fallen below historic average levels. The Mortgage Bankers Association (MBA) said on Thursday that 4.77 percent of all mortgage ... MND NewsWire - 10:43AM Freddie Mac Expands LTV Ratios for Super Conforming Mortgages Freddie Mac is announcing changes to its Single-Family Seller/Servicer Guide which the company says will provide expanded homeownership opportunities which the company says will provide ... MBS Commentary - 8:39AM MBS Day Ahead: Bond Markets Dialing Up Anxiety Over Long-Term Bounce Rates fight to hold under important long-term ceiling (marked by 1.84% in 10yr yields) Assessing possibility that last week was a long-term bounce Other markets (stocks, oil, etc) had ... MBS RECAP: Bonds Come Storming Back From 3-Day Rout Last Week's Low Rates Drove Ongoing Refi Surge Latest Video Is the OPEC deal for real? The entire Fed should resign: Stockman Jobless claims drop 7,000 to 262,000 More News from 'Around the Web' Calculated Risk Blog - 6:24PM Phoenix Real Estate in January: Sales up 9%, Inventory down 6% CNBC - 4:04PM The Fed's 'communications problem' Reuters - 4:04PM Fed's next move much more likely a rate hike than a cut: survey Market Watch - 4:02PM The Fed: Fed's Williams: Economy looks good despite market turmoil Fannie Mae - 4:01PM Fannie Mae Prices $926.6 Million Multifamily Securities www.realtor.com - 1:17PM Investors With Cash Edging Out First-Time Home Buyers webfeeds.brookings.edu - 1:17PM The circular logic of inflation expectations CNBC - 1:17PM House flipping: Deja vu all over again National Housing Conference - 1:17PM Housing Landscape 2016 shows more working households are renting www.builderonline.com - 1:17PM Stronger Dollar is Affecting Foreign Real Estate Buyers' Investment in U.S. Market eyeonhousing.org - 10:40AM Solid Growth for Townhouse Construction in 2015 freddiemac.mwnewsroom.com - 10:39AM Fixed Mortgage Rates Unchanged Bloomberg - 10:26AM Merkel Coalition Backs Resolution Urging Split of ECB Duties - Bloomberg eyeonhousing.org - 10:25AM Affordability Edges Up in Fourth Quarter CNBC - 8:04AM Yields won't go much higher: Traders freddiemac.mwnewsroom.com - 8:02AM Freddie Mac Reports Fourth Quarter and Full-Year 2015 Financial Results Today's Rates Best Execution Rate Change 30 Yr FRM 3.66% -0.05 15 Yr FRM 2.96% -0.04 FHA 30 Year Fixed 3.25% -0.05 Jumbo 30 Year Fixed 3.49% -0.06 5/1 Yr ARM 2.90% -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 3.65% 0.50 +0.00 15 Yr. Fixed 2.95% 0.50 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.85% 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 3.0 102.59 +0.41 30YR FNMA 3.5 104.86 +0.28 30YR GNMA 3.0 103.27 +0.16 30YR GNMA 3.5 105.47 +0.17 15YR FNMA 3.0 104.42 +0.17 15YR FNMA 2.5 102.59 +0.25 Treasuries Yield Change 2 YR 0.6974% -0.0445 5 YR 1.1972% -0.0570 10 YR 1.7379% -0.0725 30 YR 2.6086% -0.0687 Prices as of: 2/18/2016 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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