Daily Newsletter: Rates Head Back to Toward 3-Year Lows; Distressed Sales Plateau; Mortgage Credit Availability Mixed by Sector

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30 Year Fixed 3.64%   -0.01 15 Year Fixed 2.94%   -0.01 10YR Treasury 1.69%   -0.0643 FNMA 30YR 3.5 104.97   +0.11 FNMA 15YR 2.5 104.52   +0.09 View Today's Rates

Thursday April 7, 2016 Mortgage Rate Watch - 4:46PM Mortgage Rates Head Back to Toward 3-Year Lows Mortgage rates moved lower today , but not by much. Bond market levels typically dictate mortgage rate changes in fairly short order. Oftentimes, a strong showing in bond markets means ... MND NewsWire - 12:49PM Distressed Sales Plateau Distressed residential sales inched up a bit month-over-month in January but have been relatively stable over the last year. CoreLogic said on Thursday that sales of lender-owned real ... MND NewsWire - 12:14PM Mortgage Access Rose only for Government Loans in March Despite an easing of government loan access, the overall availability of mortgage credit dipped slightly in March the Mortgage Bankers Association (MBA) said on Thursday. Credit access ... Pipeline Press - 10:19AM Consumer Direct Workshop and Other Events; Disaster Updates; Why Some Mergers Fail It is wrong to say that all Millennials are living with their parents watching reruns of “The Wild Thornberrys.” Many are out there accumulating wealth, and according to ... MBS Day Ahead: Is It Oil? Real Estate Market in the West is on Fire, and Spreading - Town for Sale in Nevada Latest Video Santelli: Global sovereigns resume rate drop Top city for million dollar homes Bond yields tumble More News from 'Around the Web' CNBC - 4:13PM Jobs easier to find; good paychecks a lot harder eyeonhousing.org - 12:48PM Eye on the Economy: Number of Unfilled Construction Jobs Increasing Calculated Risk Blog - 12:48PM Phoenix Real Estate in March: Sales up 9%, Inventory up YoY freddiemac.mwnewsroom.com - 12:47PM Mortgage Rates at New 2016 Lows CNBC - 9:35AM US stocks open lower as global growth concerns weigh; dollar/yen in focus CNBC - 9:35AM Is the Fed losing sight of inflation? Bloomberg - 9:35AM ECB Discussed Negative-Rate Exemption, Bigger Cut in March CNBC - 8:01AM Savvy home sellers turn to smart technology Bloomberg - 8:00AM Fed Chairs Since 1979 Offer Peek Into Central-Bank Philosophy Bloomberg - 7:58AM Apollo's Push Into a Lending Business That Others Call Predatory Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% -0.01 15 Yr FRM 2.94% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.52% -0.01 5/1 Yr ARM 2.96% -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 3.0 102.88 +0.22 30YR FNMA 3.5 104.97 +0.11 30YR GNMA 3.0 103.52 +0.03 30YR GNMA 3.5 105.55 0.00 15YR FNMA 3.0 104.52 +0.09 15YR FNMA 2.5 102.84 +0.14 Treasuries Yield Change 2 YR 0.6957% -0.0400 5 YR 1.1383% -0.0631 10 YR 1.6923% -0.0643 30 YR 2.5179% -0.0642 Prices as of: 4/7/2016 4:29PM 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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