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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