Daily Newsletter: Rates Should See More Volatility; Pending Sales Recover, but Annual Gain Shrinks

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30 Year Fixed 3.79%   +0.00 15 Year Fixed 3.05%   +0.00 10YR Treasury 1.88%   -0.0175 FNMA 30YR 3.5 104.33   +0.08 FNMA 15YR 2.5 104.02   +0.05 View Today's Rates

Monday March 28, 2016 Mortgage Rate Watch - 5:22PM Mortgage Rates Should See More Volatility This Week Mortgage rates were decidedly mixed today, depending on the lender. Some were in better shape compared to last Thursday (markets were closed on Friday) while others were decidedly worse ... Pipeline Press - 12:18PM HELOCs; Immigration, Labor, Lot Availability; Trends Impacting Builders Banks and non-bank mortgage companies aren’t enemies, but plenty of non-bank lenders are envious of the ability of banks to offer HELOCs and other portfolio products, especially ... MND NewsWire - 10:42AM Pending Sales Recover but Annual Gain Shrinks Countering an earlier disappointing report on existing home sales in February, pending home sales reached their highest levels in seven months Countering an earlier disappointing report ... MBS Commentary - 8:49AM MBS Week Ahead: Action-Packed, With Month-End and NFP As bond markets continued to grind sideways, seemingly unable to (or "not yet willing?") to break below some key technical levels (see chart), this week will provide enough data to ... Home Prices "Floating out of Reach" 2015 Cash Sale Share Lowest in 8 Years Latest Video Santelli Exchange: Happy feet Fed's view amid shifting data Pending home sales show 7-month high More News from 'Around the Web' Market Watch - 5:53PM Yellen to remain cautious on rate hikes, economy in speech, as hawks circle CNBC - 4:58PM The strong jobs market myth Reuters - 4:58PM Gundlach says April rate hike 'inconceivable' after lower GDP forecasts www.builderonline.com - 4:57PM Retirees Grappling with Rent-or-Own Puzzle Bloomberg - 4:57PM What Will Janet Yellen Say Tomorrow? CNBC - 4:57PM Is high-end housing headed for a crash? www.realtor.com - 1:41PM Why One U.S. Region Is Heading for a Big Uptick in Home Sales CNBC - 12:11PM This real estate market is headed for a crash CNBC - 10:27AM Pending home sales hit 7-month high in February Bloomberg - 9:12AM Hedge Fund Invasion of U.S. Treasuries Puts Bond Traders at Risk CNBC - 9:12AM US consumer spending edges up CNBC - 9:10AM US futures look ahead to Yellen speech, consumer data www.cfpbmonitor.com - 9:09AM CFPB Posts Latest TRID Webinar www.bkfs.com - 9:08AM Black Knight Home Price Index Report: January 2016 Transactions Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% +0.00 15 Yr FRM 3.05% +0.00 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.64% +0.01 5/1 Yr ARM 2.97% +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 3.93% 0.35 -0.01 15 Yr. Fixed 3.18% 0.34 -0.04 30 Yr. Jumbo 3.85% 0.27 -0.01 30 Yr. FHA 3.74% 0.32 -0.03 5/1 ARM 3.13% 0.36 -0.10 Freddie Mac ** 30 Yr. Fixed 3.71% 0.50 -0.02 15 Yr. Fixed 2.96% 0.40 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.89% 0.50 -0.04 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 3.0 101.81 +0.09 30YR FNMA 3.5 104.33 +0.08 30YR GNMA 3.0 102.58 +0.05 30YR GNMA 3.5 105.00 +0.09 15YR FNMA 3.0 104.02 +0.05 15YR FNMA 2.5 102.11 -0.02 Treasuries Yield Change 2 YR 0.8732% +0.0001 5 YR 1.3637% -0.0148 10 YR 1.8825% -0.0175 30 YR 2.6505% -0.0217 Prices as of: 3/28/2016 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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