Daily Newsletter: Rates in Line With 2017 Lows; New Home Sales Rise Less Than Expected

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30 Year Fixed 4.12%   -0.06 15 Year Fixed 3.33%   -0.05 10YR Treasury 2.32%   -0.0603 FNMA 30YR 3.5 102.78   +0.31 FNMA 15YR 2.5 102.97   +0.22 View Today's Rates

Friday February 24, 2017 Mortgage Rate Watch - 4:26PM Mortgage Rates in Line With 2017 Lows Mortgage rates moved lower for 3rd straight day (and the 5th time in the past 6 days). That makes this the best winning streak of the year and it brings rates to the lowest levels of ... MND NewsWire - 10:53AM New Home Sales Up Less Than Expected; Prices up 7.5% Annually Sales of newly constructed homes, had a strong start in 2016 but flattened out toward the end of the year and ended with a dismal December. Now 2017 has also started on a positive note ... Pipeline Press - 10:21AM Banks and Lenders Adjusting Business Models; Radian President to Retire; Upcoming Events Boss: "Working hard here, Jimmy?" Jimmy: "Yep, ever since I heard you coming down the stairs!" Mortgage banks are working hard, but banks and other financial institutions have the inside ... MBS Commentary - 8:50AM MBS Day Ahead: Bonds Look to Challenge Consolidation Range with 6th Win in a Row Bond markets are looking for their 6th straight victory today. Each of the past 5 days have seen yields end the day lower than they opened. While that's not quite as strong a showing ... Inventories Driving Price Gains Despite Rates Fannie Mae's Blackstone Deal Provokes Blowback Latest Video President Trump signs executive order on regulatory reform Fannie & Freddie's future likely in hands of court or legislature: CEO New home sales miss More News from 'Around the Web' Bloomberg - 4:49PM US Treasuries Might Finally Be Ready to Stage a Breakaway Reuters - 3:47PM Fannie Mae secures commitments for credit transfer deal Calculated Risk Blog - 3:41PM A few Comments on January New Home Sales Market Watch - 1:13PM Yellen will be last Fed official to speak before central bank makes rate decision CNBC - 10:35AM US consumer sentiment remains slightly below the decade peak record in February CNBC - 10:14AM Americans believe robots will take everyone else's jobs, but theirs will be safe Reuters - 10:14AM U.S. new home sales increase less than expected in January CNBC - 10:03AM Citi sees a 20% chance of Le Pen winning which could 're-ignite a fully-fledged sovereign debt crisis' Washington Post - 8:20AM For millennials ready to buy a home, the pickings are slim Today's Rates Best Execution Rate Change 30 Yr FRM 4.12% -0.06 15 Yr FRM 3.33% -0.05 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.25% -0.05 5/1 Yr ARM 3.01% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.16% 0.50 +0.01 15 Yr. Fixed 3.37% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.16% 0.40 -0.02 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 99.67 +0.39 30YR FNMA 3.5 102.78 +0.31 30YR GNMA 3.0 101.48 +0.56 30YR GNMA 3.5 104.22 +0.30 15YR FNMA 3.0 102.97 +0.22 15YR FNMA 2.5 100.44 +0.30 Treasuries Yield Change 2 YR 1.1488% -0.0357 5 YR 1.8061% -0.0558 10 YR 2.3152% -0.0603 30 YR 2.9526% -0.0625 Prices as of: 2/24/2017 5:05PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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