Daily Newsletter: Mortgage Rates Highest in a Month; Refi Revival; Regulators Clarify Evaluations vs Appraisals

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30 Year Fixed 3.77%   +0.01 15 Year Fixed 3.05%   +0.01 10YR Treasury 1.91%   +0.0281 FNMA 30YR 3.5 104.39   -0.14 FNMA 15YR 2.5 104.02   -0.13 View Today's Rates

Monday March 7, 2016 Mortgage Rate Watch - 5:10PM Mortgage Rates Highest in a Month Mortgage rates moved only slightly higher today on average. Some lenders were effectively unchanged from Friday, which is impressive considering the weakness in underlying bond markets ... MND NewsWire - 11:27AM Black Knight on The 'Refi Revival' The sharp drop in interest rates that began 2016 has had a very real impact on the so-called "refinanceable" population of homeowners. Black Knight Financial Services says that the ... MND NewsWire - 10:41AM Regulators Clarify Use of Evaluations in Place of Appraisals Three financial regulatory agencies have clarified current rules on the use of appraisals versus property evaluations Three financial regulatory agencies have clarified current rules ... MBS Commentary - 8:41AM MBS Week Ahead: Slowest Week of the Year Leaves Focus on ECB and Technicals Bond markets obviously had a pretty rough go of it last week, having broken out of the sideways trend that followed early February's long-term lows. This bounce is much more serious ... Upcoming Events and Training; New Products and Vendor Updates Mortgage Lenders Downbeat about Future Profits Latest Video Rate hikes getting priced back into markets: Pro Fed's Brainard argues for patience in raising rates What's weighing on markets? More News from 'Around the Web' Market Watch - 4:59PM Market Extra: A hawkish Fed is a bigger threat to markets than a recession Calculated Risk Blog - 4:59PM Update: Framing Lumber Prices down about 15% Year-over-year Market Watch - 2:14PM 10 homeowner tax breaks you should be taking advantage of Reuters - 2:14PM Fed's Fischer warns that U.S. inflation could be accelerating www.realtor.com - 2:12PM The Salary You Need to Afford a Home in These 25 Cities Fannie Mae - 12:29PM News Release - Home Purchase Sentiment Index Increases to ... Calculated Risk Blog - 12:29PM Las Vegas Real Estate in February: Sales Increased 9% YoY, Inventory Up Slightly Bloomberg - 12:29PM Wage Growth for Prime-Age Workers Hits Fastest Since 2009: Chart CNBC - 10:43AM More investors diving into ETF pool CNBC - 10:43AM Negative interest rates: A dangerous weapon www.bkfs.com - 9:06AM Black Knight's January Mortgage Monitor: Declining Interest Rates Boost Refinanceable Population by 1.5 Million in First Six Weeks of 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.77% +0.01 15 Yr FRM 3.05% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.61% +0.01 5/1 Yr ARM 3.01% -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% 0.39 -0.02 15 Yr. Fixed 3.13% 0.31 +0.01 30 Yr. Jumbo 3.75% 0.31 -0.05 30 Yr. FHA 3.67% 0.40 -0.05 5/1 ARM 3.02% 0.31 -0.05 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 3.0 101.86 -0.20 30YR FNMA 3.5 104.39 -0.14 30YR GNMA 3.0 102.84 -0.16 30YR GNMA 3.5 105.14 -0.03 15YR FNMA 3.0 104.02 -0.13 15YR FNMA 2.5 102.17 -0.14 Treasuries Yield Change 2 YR 0.9097% +0.0401 5 YR 1.4153% +0.0363 10 YR 1.9057% +0.0281 30 YR 2.7065% +0.0079 Prices as of: 3/7/2016 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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