Daily Newsletter: Rates Barely Budge After Jobs Report; Mortgage Credit Availability Declining; Lender Fee Increases

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30 Year Fixed 3.77%   +0.01 15 Year Fixed 3.05%   +0.00 10YR Treasury 1.84%   +0.0014 FNMA 30YR 3.5 104.77   0.00 FNMA 15YR 2.5 104.30   -0.03 View Today's Rates

Friday February 5, 2016 Mortgage Rate Watch - 4:49PM Mortgage Rates Barely Budge After Jobs Report Mortgage rates were mostly unchanged today, though a few lenders were microscopically higher in cost . That's an uncommon result for the day of the big jobs report release, but in today ... MND NewsWire - 2:39PM MBA Reports Third Month of Credit Access Declines Credit available was apparently slightly lower in January than in February, the third straight month that the Mortgage Bankers Associations' (MBA's) measure of that access has declined ... Pipeline Press - 1:32PM Lender Fees Going Up; Non-Agency/Jumbo Program Trends "How much does it cost to buy sixty female pigs and forty male deer? One hundred sows and bucks!" Money? I continue to be amazed at this stat: last year the 3.5 billion people that ... MBS Commentary - 8:25AM MBS Day Ahead: How Much Will NFP Matter? First thing's first: NFP always reserves the right to move markets, even on occasions when it arguably shouldn't matter. Over the years, so many traders have wrapped up so much of their ... 1 in 3 Homes Still Bought With Cash Borrower Satisfaction Report; M&A; Wells' Settlement; Data Breach Responses Latest Video Citi: World economy trapped in 'death spiral' What the Fed should do How the jobs report could impact 2016 rate hikes More News from 'Around the Web' Calculated Risk Blog - 3:08PM Comments: A Solid Employment Report Market Watch - 1:47PM Super Bowl ad or not, it's pretty hard to get a mortgage in 8 minutes CNN - 12:50PM U.S. exports drop for first time since Great Recession Bloomberg - 10:29AM Treasuries Decline as U.S. Employment Report Signals Wage Growth CNN - 9:53AM Cash is way more popular than stocks or bonds Bloomberg - 9:52AM Dollar Drops as Fed Rate Bets Pared; Japan Yields Approach Zero Reuters - 9:51AM U.S. job growth slows, unemployment rate at eight-year low CNBC - 9:50AM Personal loans are on the rise CNN - 9:49AM Who's to blame for Portland's soaring home prices? Reuters - 9:49AM LinkedIn set to lose $8 billion in market value after weak forecast CNBC - 9:49AM Charts: What's the REAL unemployment rate? Today's Rates Best Execution Rate Change 30 Yr FRM 3.77% +0.01 15 Yr FRM 3.05% +0.00 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.58% +0.01 5/1 Yr ARM 2.99% -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 3.97% 0.41 -0.05 15 Yr. Fixed 3.22% 0.37 -0.06 30 Yr. Jumbo 3.84% 0.26 -0.05 30 Yr. FHA 3.80% 0.35 -0.03 5/1 ARM 3.00% 0.34 -0.09 Freddie Mac ** 30 Yr. Fixed 3.72% 0.60 -0.07 15 Yr. Fixed 3.01% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.85% 0.40 -0.05 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 3.0 102.27 +0.02 30YR FNMA 3.5 104.77 0.00 30YR GNMA 3.0 103.13 +0.09 30YR GNMA 3.5 105.27 0.00 15YR FNMA 3.0 104.30 -0.03 15YR FNMA 2.5 102.39 -0.03 Treasuries Yield Change 2 YR 0.7261% +0.0158 5 YR 1.2435% +0.0046 10 YR 1.8391% +0.0014 30 YR 2.6742% -0.0110 Prices as of: 2/5/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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