Daily Newsletter: Consumers Increasingly Pessimistic on Housing; Best Friday in a Year for Rates

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30 Year Fixed 3.64%   +0.00 15 Year Fixed 2.94%   +0.00 10YR Treasury 1.72%   +0.0261 FNMA 30YR 3.5 105.03   +0.06 FNMA 15YR 2.5 104.55   +0.03 View Today's Rates

Friday April 8, 2016 MND NewsWire - 12:20PM Consumers Increasingly Pessimistic on Housing - Fannie Survey Consumer pessimism appears to be eroding Fannie Mae's Home Purchase Sentiment Index (HPSI) which this month posted its lowest reading in 18 months. The HPSI, which distils consumer ... Mortgage Rate Watch - 2:38PM Best Friday in More Than a Year for Mortgage Rates Mortgage rates didn't necessarily improve today --some lenders were worse-off actually--but merely holding steady on average, rates are ending the week at their best levels since at ... Pipeline Press - 10:58AM Proposed and Actual Conventional Conforming Changes are Everywhere The post office lowering postage rates this weekend is good. Student loan performance is not: more than 40% of student loan borrowers are either not making payments or are delinquent ... MBS Commentary - 9:10AM MBS Day Ahead: Bonds May Lose Ground, And That's OK Light data day in the springtime: trading may be more about housekeeping than making any new bets on big-picture momentum Trend has been positive for bonds, suggesting "long positions ... Distressed Sales Plateau Mortgage Access Rose only for Government Loans in March Latest Video Millennial mortgages a game changer? Q1 GDP forecasts down again Fed's Dudley: Cautious, gradual approach to rate hike More News from 'Around the Web' CNN - 3:04PM Janet Yellen disagrees strongly with Bernie Sanders Calculated Risk Blog - 2:30PM Q1 Review: Ten Economic Questions for 2016 CNBC - 2:30PM After the Fed speak, still confusion www.realtor.com - 2:28PM The No. 1 Thing Most Likely to Damage Your Home Reuters - 10:31AM U.S. wholesale inventories fall sharply, point to weaker growth CNBC - 9:18AM Fed's Dudley: Gradual rate hike path appropriate Bloomberg - 8:17AM Bernanke: Mistake to Put All the Burden on Central Banks - Bloomberg Calculated Risk Blog - 8:17AM Merrill: "Fading the first quarter GDP fade" Reuters - 8:16AM Fed's Yellen says U.S. still on track for more rate hikes Bloomberg - 8:11AM How to Solve the Housing Crisis: More Lawyers www.cfpbmonitor.com - 8:11AM Director Cordray defends CFPB positions in appearance before Senate Banking Committee CNBC - 8:11AM Boutique fitness muscles in on prime real estate Reuters - 8:10AM Surging oil, Yellen's comments drive futures higher Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% +0.00 15 Yr FRM 2.94% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.55% +0.03 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 3.86% 0.32 -0.08 15 Yr. Fixed 3.10% 0.37 -0.09 30 Yr. Jumbo 3.76% 0.27 -0.06 30 Yr. FHA 3.73% 0.36 -0.03 5/1 ARM 2.94% 0.26 -0.13 Freddie Mac ** 30 Yr. Fixed 3.59% 0.50 -0.12 15 Yr. Fixed 2.88% 0.40 -0.10 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.50 -0.08 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 3.0 102.92 +0.05 30YR FNMA 3.5 105.03 +0.06 30YR GNMA 3.0 103.50 -0.02 30YR GNMA 3.5 105.67 +0.13 15YR FNMA 3.0 104.55 +0.03 15YR FNMA 2.5 102.86 +0.02 Treasuries Yield Change 2 YR 0.7030% +0.0073 5 YR 1.1543% +0.0160 10 YR 1.7184% +0.0261 30 YR 2.5540% +0.0361 Prices as of: 4/8/2016 3:22PM 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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