Daily Newsletter: Mortgage Rates at Crossroads Ahead of Jobs Report; Credit Availability Flat; Does Pre-Buy Counseling Matter?

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30 Year Fixed 3.73%   +0.00 15 Year Fixed 3.02%   +0.00 10YR Treasury 1.83%   -0.0051 FNMA 30YR 3.5 104.64   +0.11 FNMA 15YR 2.5 104.19   +0.03 View Today's Rates

Thursday March 3, 2016 Mortgage Rate Watch - 4:31PM Mortgage Rates at Crossroads Ahead of Jobs Report Mortgage rates began the day slightly higher, on average, but managed to make it back in line with yesterday's levels by the afternoon. Some lenders are in slightly better shape. Some ... MND NewsWire - 12:49PM Does Homeownership Counseling Make a Difference? Freddie Mac and Fannie Mae have long advocated for homebuyer education but as Freddie Mac points out in this month's edition of Insight and Outlook, it has been surprisingly difficult ... MND NewsWire - 9:58AM Offsetting Gains and Losses in Underwriting Guidelines in Feb Any loosening of credit access in February was offset by tightening by other programs the Mortgage Bankers Association (MBA) said on Thursday. Consequently the Association's Mortgage ... MBS Commentary - 8:31AM MBS Day Ahead: Data Could Confirm New, Painful Theme For Bonds Let's not overcomplicate things too much when it comes to the 2016 bond market rally. In fact, let's move in the other direction for a moment and consider that things could potentially ... Update on LO Licensing Bill; Non-Agency MBS Transparency; Home Price Perception Index Distressed Sales Slow to One in Ten Latest Video The return of home flipping? Jamie Dimon: Negative rates not in the cards Weekly jobless claims up 6,000 to 278,000 More News from 'Around the Web' CNBC - 3:25PM Jobs report more critical than usual Reuters - 12:33PM Fed's Kaplan calls for patience on raising U.S. interest rates Market Watch - 12:31PM Two-year German yield tumbles to all-time low CNBC - 10:31AM Factory orders up 1.6% in Jan. CNBC - 10:14AM ISM non-manufacturing rises in Feb. www.corelogic.com - 8:48AM CoreLogic Reaches Milestone With Expanded National Parcel Boundary Coverage Reuters - 8:48AM U.S. jobless claims rise, trend points to firming labor market Reuters - 8:48AM U.S. fourth productivity revised to show a less steep decline Today's Rates Best Execution Rate Change 30 Yr FRM 3.73% +0.00 15 Yr FRM 3.02% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.57% +0.00 5/1 Yr ARM 3.02% -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 3.64% 0.50 +0.02 15 Yr. Fixed 2.94% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.84% 0.50 +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 3.0 102.23 +0.11 30YR FNMA 3.5 104.64 +0.11 30YR GNMA 3.0 103.22 +0.16 30YR GNMA 3.5 105.33 +0.05 15YR FNMA 3.0 104.19 +0.03 15YR FNMA 2.5 102.38 +0.02 Treasuries Yield Change 2 YR 0.8492% +0.0041 5 YR 1.3394% +0.0018 10 YR 1.8320% -0.0051 30 YR 2.6549% -0.0226 Prices as of: 3/3/2016 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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