Daily Newsletter: Freddie and Fannie Will Pay Up; Rates and Bonds Little-Changed in Q1

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30 Year Fixed 4.19%   -0.02 15 Year Fixed 3.40%   -0.02 10YR Treasury 2.39%   -0.0323 FNMA 30YR 3.5 102.33   +0.22 FNMA 15YR 2.5 102.53   +0.13 View Today's Rates

Friday March 31, 2017 MND NewsWire - 11:39AM Freddie and Fannie Will Pay Up After gathering little attention for nearly a decade, the two GSEs, Fannie Mae and Freddie Mac are making news on several fronts. Two developments in the last few days are worth noting ... Mortgage Rate Watch - 4:59PM Mortgage Rates End Week Little-Changed Mortgage rate were unchanged to slightly lower today. Once again, the actual change you see will depend heavily on the lender in question. Most are fairly close to yesterday's latest ... MBS Commentary - 4:56PM MBS RECAP: Bonds Almost Perfectly Unchanged in Q1 Month/Quarter-end bond buying was nowhere to be seen until today. It can provide a mild but determined positive trend in bond markets that transcends economic data. Case in point, Core ... Pipeline Press - 9:47AM PHH to Lose CEO; Fannie/Freddie Changes--Their Future Remains Uncertain Let’s end the week with a non-mortgage question, but one that you mathaletes will enjoy. What would happen if you were hit by a penny falling from a skyscraper ? Fannie Mae and ... MBS Day Ahead: Technical Levels Under Attack Regardless of Data MLS and Public Records Largely Agree on Comparable Prices Latest Video Real Estate moguls share a common mistake to avoid when flipping a home Personal income up 0.4% in February Fed's Dudley: After last hike, rates 'still unusually low' More News from 'Around the Web' CNBC - 4:26PM Homebuilder stocks tracking for best quarter in more than 2 years Reuters - 3:26PM Fannie, Freddie may write down $21 billion due to tax cut: BMO Calculated Risk Blog - 3:26PM Fannie Mae: Mortgage Serious Delinquency rate declined in February, Lowest since March 2008 The Atlantic - 3:26PM Americans Feel More Confident About the Economy Reuters - 1:02PM Fed signals it could promptly start shedding bonds from portfolio this year Calculated Risk Blog - 1:02PM Reis: Apartment Vacancy Rate increased in Q1 to 4.3% CNBC - 10:43AM Dudley thinks the Fed could answer its $4.5 trillion question later this year CNBC - 10:43AM US consumer sentiment disappoints in final March reading CNBC - 10:42AM Here's how much the average young family has saved for retirement Reuters - 10:42AM Oil retreats, set to become worst-performing asset in first quarter Reuters - 10:02AM Consumer spending posts smallest gain in six months www.redfin.com - 8:30AM Lack of Homes for Sale is a Problem for Sellers, Too Reuters - 8:29AM Wells Fargo must face litigation on defective mortgages: U.S. judge Fannie Mae - 8:29AM Fannie Mae Releases February 2017 Monthly Summary ... Today's Rates Best Execution Rate Change 30 Yr FRM 4.19% -0.02 15 Yr FRM 3.40% -0.02 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.43% -0.01 5/1 Yr ARM 3.10% -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 99.20 +0.27 30YR FNMA 3.5 102.33 +0.22 30YR GNMA 3.0 100.91 +0.23 30YR GNMA 3.5 103.58 +0.20 15YR FNMA 3.0 102.53 +0.13 15YR FNMA 2.5 100.05 +0.16 Treasuries Yield Change 2 YR 1.2619% -0.0238 5 YR 1.9245% -0.0412 10 YR 2.3892% -0.0323 30 YR 3.0118% -0.0225 Prices as of: 3/31/2017 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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