Daily Newsletter: Friendly Fed Helps Rates; Pending Sales Weaker in West; Refis Cool

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30 Year Fixed 3.73%   -0.02 15 Year Fixed 3.02%   -0.01 10YR Treasury 1.86%   -0.0763 FNMA 30YR 3.5 104.59   +0.22 FNMA 15YR 2.5 104.30   +0.06 View Today's Rates

Wednesday April 27, 2016 Mortgage Rate Watch - 4:48PM Mortgage Rates Helped by Fed Announcement Mortgage rates caught a break today! After having moved sideways or higher for the past 7 days, and spending the last 3 at the highest levels in more than a month, rates finally moved ... MND NewsWire - 11:34AM Pending Sales at 10-Month High, but Weakening in The West Pending home sales rose for the second straight month in March although the increase was less than in February. The National Association of Realtors® said on Wednesday that its ... MND NewsWire - 8:13AM Rate Rise ends Refi Run Mortgage application volume fell across the board during the week ended April 22. Applications were down for both purchase mortgages and refinancing as rates rose slightly from recent ... MBS Commentary - 2:01PM Differences Between Current and Previous FOMC Statements (additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in January suggests March indicates that labor ... New Home Sales Trends; Changes in HUD and Lender FHA Programs MBS Day Ahead: Fed Day! Same Game-Plan as October? Latest Video Less strong dollar is key: Santelli June on the table for Fed? Santelli: Central banks the conductor More News from 'Around the Web' CNBC - 3:14PM Fed leaves rates unchanged CNBC - 1:53PM Fisher to Fed: Suck it up and hike freddiemac.mwnewsroom.com - 12:08PM U.S. Housing Market Shows Positive Trends CNBC - 12:08PM Wall Street sees divided Fed: Survey Calculated Risk Blog - 12:07PM Zillow Forecast: Expect Slower Growth in March for the Case-Shiller Indexes Market Watch - 9:59AM The Fed: A Fed comment on outlook would be like 'shouting in a library' Realtor.Org - 9:58AM Former Move Execs Defend Actions In Switch to Zillow www.gallup.com - 7:59AM U.S. Renters Worry More Than Homeowners About Housing Costs Bloomberg - 7:56AM Why Wells Fargo Finally Joined the Bond World's Most Select Club Bloomberg - 7:56AM What Gives? Traders Bet Fed Shift on Hold Yet Treasuries Retreat Today's Rates Best Execution Rate Change 30 Yr FRM 3.73% -0.02 15 Yr FRM 3.02% -0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.65% -0.01 5/1 Yr ARM 3.02% +0.03 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 3.82% 0.33 -0.04 15 Yr. Fixed 3.10% 0.37 +0.00 30 Yr. Jumbo 3.74% 0.31 -0.02 30 Yr. FHA 3.66% 0.29 -0.07 5/1 ARM 2.94% 0.20 +0.00 Freddie Mac ** 30 Yr. Fixed 3.59% 0.60 +0.01 15 Yr. Fixed 2.85% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.81% 0.50 -0.03 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 3.0 102.25 +0.28 30YR FNMA 3.5 104.59 +0.22 30YR GNMA 3.0 102.97 +0.02 30YR GNMA 3.5 105.27 0.00 15YR FNMA 3.0 104.30 +0.06 15YR FNMA 2.5 102.55 +0.14 Treasuries Yield Change 2 YR 0.8252% -0.0396 5 YR 1.3247% -0.0685 10 YR 1.8561% -0.0763 30 YR 2.7047% -0.0484 Prices as of: 4/27/2016 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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