Daily Newsletter: Housing is Economic Bright Spot; Fed Bringing Rate Volatility; Homebuyer Feedback

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30 Year Fixed 3.75%   +0.00 15 Year Fixed 3.03%   +0.01 10YR Treasury 1.93%   +0.0214 FNMA 30YR 3.5 104.38   -0.05 FNMA 15YR 2.5 104.23   0.00 View Today's Rates

Tuesday April 26, 2016 MND NewsWire - 3:49PM Housing is Economic Bright Spot; Refinance Potential Brighter Housing remains the bright spot in a darkening economic outlook according to Freddie Mac's economists. Though they have revised their forecast for economic growth downward in the latest ... MND NewsWire - 10:12AM Case-Shiller Price Increases Ease Slightly Home prices in the U.S. posted a 5.3 percent increase from February 2015 to February 2016 according to the S&P/Case Shiller index covering all nine U.S. census divisions. This was ... Mortgage Rate Watch - 4:32PM Mortgage Rates Sideways ahead of Fed Mortgage rates remained in line with their highest levels in a month for the third straight day . The average lender is now quoting conventional 30yr fixed rates of 3.75% on top tier ... MND NewsWire - 3:45PM Homebuying Experience Improving, but Stress Factors Remain Could it be that consumers actually seem to enjoy sitting at the closing table? That appears to be one finding from a recent survey of homeowners by TD Bank. It's fourth annual Mortgage ... Consumers Continue to Complain about Servicer Issues Upcoming Events; Changes in 4506-T Requirements and in Credit Trends MBS Day Ahead: Bigger-Ticket Data, but Real Motivation is Fed Prep Latest Video Fed: Will they, won't they? Santelli warns of Fed nexus Who blinks first on rates? More News from 'Around the Web' webfeeds.brookings.edu - 5:00PM The $13 Trillion Question : Managing the U.S. Government's Debt www.realtor.com - 5:00PM What Neighbors Are Complaining About Now: Zombies Calculated Risk Blog - 2:27PM Real Prices and Price-to-Rent Ratio in February CNBC - 2:27PM Fed would be crazy to raise rates now The Atlantic - 2:25PM 'Credit Is a Double-Edged Sword' Reuters - 11:36AM U.S. economy seen growing 0.4 percent in first quarter: Atlanta Fed CNBC - 10:04AM Consumer confidence hits 94.2 in April, versus 96 estimate CNBC - 9:25AM Feb home prices up 5.4%: S&P/Case-Shiller Reuters - 9:25AM U.S. durable goods orders rise less than expected freddiemac.mwnewsroom.com - 9:24AM Freddie Mac April 2016 Insight Bloomberg - 7:56AM Fed to Keep Options Open for June Rate Hike: Decision-Day Guide Bloomberg - 7:55AM Bond Traders Have Got It All Figured Out as Fed Meets on Rates CNBC - 7:55AM Yellen to remain dovish: Strategist Fannie Mae - 7:53AM Fannie Mae Announces Plan to Securitize Reperforming Loans investors.flagstar.com - 7:52AM Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share Today's Rates Best Execution Rate Change 30 Yr FRM 3.75% +0.00 15 Yr FRM 3.03% +0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.66% +0.00 5/1 Yr ARM 2.99% -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 3.82% 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 3.0 101.97 -0.06 30YR FNMA 3.5 104.38 -0.05 30YR GNMA 3.0 102.95 -0.14 30YR GNMA 3.5 105.27 -0.02 15YR FNMA 3.0 104.23 0.00 15YR FNMA 2.5 102.41 +0.02 Treasuries Yield Change 2 YR 0.8648% +0.0308 5 YR 1.3932% +0.0199 10 YR 1.9324% +0.0214 30 YR 2.7531% +0.0207 Prices as of: 4/26/2016 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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