Daily Newsletter: Lenders Profitable in 2015 Despite Weaker 2nd Half; Rates Threaten to Move Higher; Neighborhoods vs Mobility

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30 Year Fixed 3.63%   +0.00 15 Year Fixed 2.93%   +0.00 10YR Treasury 1.77%   +0.0524 FNMA 30YR 3.5 104.80   -0.31 FNMA 15YR 2.5 104.48   -0.05 View Today's Rates

Tuesday April 12, 2016 MND NewsWire - 2:36PM Mortgage Lending Profitable in 2015 Despite Weaker 2nd Half Year-end figures released on Tuesday by the Mortgage Bankers Association (MBA) shows that profits in at least one sector of mortgage lending increased substantially in 2015 compared ... MND NewsWire - 2:32PM How Neighborhoods Affect Social Mobility Ever wonder how your life or that of your children might be different had you or they had grown up in a different community? Harvard economists Raj Chetty and Nathaniel Hendren have ... Mortgage Rate Watch - 4:18PM Mortgage Rates Hold Ground, but Threaten to Move Higher Mortgage rates managed to hold steady today despite weakness in underlying bond markets. That means the rates being offered by lenders are substantially similar to yesterday's, but ... Pipeline Press - 10:33AM PHH, Merrill Part Ways; mREIT Acquisition; Goldman Settlement; NewProducts Every CPA out there knows that in the District of Columbia, this Friday, April 15th, is Emancipation Day . Therefore, taxes aren't due until Monday the 18 th . Who said you never learn ... MBS Day Ahead: Bunds Threaten Bounce; MBS Rolled Inaccurate Tax Data a Source of Homeowner Frustration Latest Video Housing's big story? Inventory is down: Trulia economist Dallas Fed's Kaplan to be patient policymaker Buyer beware of housing red flags More News from 'Around the Web' Reuters - 5:01PM N.Y. Fed joins U.S. GDP forecasting game Market Watch - 5:00PM The Fed: Fed's Lacker backs four rate hikes in 2016 Market Watch - 5:00PM Fannie, Freddie stock rally on report Treasury knew profitable at time of sweep www.builderonline.com - 5:00PM Why First-Time Home Buyers Aren't Buying CNBC - 2:00PM Web lending gets shunned by investors CNBC - 12:30PM Exclusive: Kaplan says Fed to wait Washington Post - 12:23PM How secretive shell companies shape the U.S. real estate market Calculated Risk Blog - 12:23PM CoreLogic: Foreclosure Inventory Declines 23.9% Year-over-year Federal Reserve - 12:23PM Government-Backed Mortgage Insurance, Financial Crisis, and the Recovery from the Great Recession rss.nytimes.com - 10:35AM Unsealed Documents in Fannie Mae Suit Shed Light on Bailout Market Watch - 9:28AM Fed is not going to stand still for long, Kaplan says www.gallup.com - 9:28AM U.S. Economic Confidence Index Dips to -14 eyeonhousing.org - 9:28AM Housing Preferences across Generations (Part III) Reuters - 9:27AM Rise in U.S. import prices below expectations; petroleum costs jump CNBC - 9:27AM Homesellers should act now: Trulia IMF - 9:26AM Global Economy Faltering from Too Slow Growth for Too Long Reuters - 8:06AM U.S. small business confidence hits new two-year low Bloomberg - 8:05AM Bond Traders Show Skepticism of Goldman's Forecast for Fed Hikes www.realtor.com - 7:55AM Here's Why Investors Continue to Beat Out First-Time Home Buyers Bloomberg - 7:50AM Want to Climb the Economic Ladder? Pay Up Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.00 15 Yr FRM 2.93% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.56% +0.01 5/1 Yr ARM 2.96% +0.00 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 3.0 102.55 -0.44 30YR FNMA 3.5 104.80 -0.31 30YR GNMA 3.0 103.55 -0.17 30YR GNMA 3.5 105.64 -0.13 15YR FNMA 3.0 104.48 -0.05 15YR FNMA 2.5 102.77 -0.09 Treasuries Yield Change 2 YR 0.7385% +0.0398 5 YR 1.2077% +0.0518 10 YR 1.7743% +0.0524 30 YR 2.5951% +0.0396 Prices as of: 4/12/2016 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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