Daily Newsletter: For Rates, Once Again, It Depends; MLS and Public Records Aligned on Comps; ARMs on The Upswing

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30 Year Fixed 4.21%   +0.00 15 Year Fixed 3.42%   +0.00 10YR Treasury 2.42%   +0.0414 FNMA 30YR 3.5 102.11   -0.16 FNMA 15YR 2.5 102.41   -0.13 View Today's Rates

Thursday March 30, 2017 Mortgage Rate Watch - 5:20PM For Mortgage Rates, Once Again, It Depends For the third day in a row, day-over-day mortgage rate movement depends heavily on the lender. That means some lenders will be in noticeably better shape vs their latest offerings from ... MND NewsWire - 10:01AM MLS and Public Records Largely Agree on Comparable Prices Appraised values are key in underwriting a mortgage loan and CoreLogic says one of the challenges is to make sure the information an appraisal provides is valid. Appraisers are supposed ... Pipeline Press - 9:48AM ARM Primer; Investor Fee and SRP Changes - Cost of Lending Changing On this date in 1867, 150 years ago, a few years before I started trading MBS, Seward’s Folly was created. Put another way, on this date a treaty was signed where the United States ... MBS Commentary - 9:32AM MBS Day Ahead: Burden of Proof on Bonds to Justify Rally With 10yr yields having made it close to 2017's lower range in the most recent rally, the burden of proof is on bond bulls to come up with j ustification for any additional gains . ... Second Best Month in 11 Years for Pending Home Sales Time for FHA to Ease Credit - and Lender Angst Latest Video Fed's Dudley: After last hike, rates 'still unusually low' Debt and deficits set to spiral Market is waiting for next act to happen: Pro More News from 'Around the Web' Market Watch - 4:42PM Fed is not taking away the punch bowl, just adding ‘a bit more fruit juice,' Dudley says CNBC - 4:41PM Fed's Dudley says rate hikes are appropriate to reduce the risk of overheating Market Watch - 3:29PM Fed's Kaplan sees risk Washington could derail the expansion Market Watch - 1:54PM Here's why it's getting harder to ignore rising subprime auto defaults Market Watch - 11:56AM Factor in these fees if you're considering a reverse mortgage Market Watch - 11:54AM Fed's Mester not worried about expected slowdown in first-quarter GDP freddiemac.mwnewsroom.com - 11:52AM Mortgage Rates See Another Significant Decline www.cfpbmonitor.com - 11:52AM CFPB proposes alignment of Regulation B and Regulation C requirements regarding collection of consumer ethnicity and race information CNBC - 9:37AM Consumers powered fourth-quarter economic growth at faster pace than estimated CNBC - 9:37AM Applications for US unemployment aid fell to 258K last week CNBC - 9:35AM US stocks open flat after key economic data; oil, Fed speakers in focus Bloomberg - 8:34AM Senators Warn Against Suspending Fannie, Freddie Dividends www.realtor.com - 8:34AM America's 20 Hottest Real Estate Markets in March 2017 Today's Rates Best Execution Rate Change 30 Yr FRM 4.21% +0.00 15 Yr FRM 3.42% +0.00 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.44% +0.01 5/1 Yr ARM 3.11% -0.01 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 4.14% 0.50 -0.09 15 Yr. Fixed 3.39% 0.40 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.18% 0.40 -0.06 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 98.94 -0.23 30YR FNMA 3.5 102.11 -0.16 30YR GNMA 3.0 100.67 -0.14 30YR GNMA 3.5 103.38 -0.13 15YR FNMA 3.0 102.41 -0.13 15YR FNMA 2.5 99.89 -0.16 Treasuries Yield Change 2 YR 1.2857% +0.0119 5 YR 1.9657% +0.0380 10 YR 2.4215% +0.0414 30 YR 3.0343% +0.0471 Prices as of: 3/30/2017 5:06PM 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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