Daily Newsletter: New Owners' Top Regrets; Rate Spike Driven by Fed, Not Trump; Inflation Baked In?

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30 Year Fixed 4.23%   +0.07 15 Year Fixed 3.43%   +0.07 10YR Treasury 2.46%   +0.0609 FNMA 30YR 3.5 101.97   -0.28 FNMA 15YR 2.5 102.50   0.00 View Today's Rates

Wednesday March 1, 2017 MND NewsWire - 9:57AM What New Homeowners Regret The Most Some homeowners aren't breaking out the champagne after they've closed on their new home purchase. Nearly half of the homeowners in a recent NerdWallet survey said that they would take ... Mortgage Rate Watch - 3:45PM Mortgage Rates Rise After Trump Speech, But Not Necessarily Because of It Mortgage rates moved sharply higher today, bringing the average top tier 30yr fixed quote back to 4.25% from 4.125% previously. That doesn't exactly mean that rates are .125%, depending ... MND NewsWire - 9:37AM Freddie Mac: Inflation and Rate Hikes Likely Already Baked-In Freddie Mac's Insight forecast for February looks at reports that consumer price inflation is rising, and the ensuing debate over "whether or not we are shifting from a world of low ... MND NewsWire - 11:03AM Residential Construction Spending Remains Flat Construction spending had been expected to recover from the 0.2 percent loss it suffered in December. Analysts polled by Econoday were looking for an increase of 0.2 to 0.8 percent ... Lender Disaster Updates; Investor SRP and LLPA Changes MBS Day Ahead: Weakness Extends Overnight, But Trump Isn't The Issue Latest Video Odds are in the favor of an interest rate hike. Futures Now: Bonds on the rise Mortgage apps up 5.8% from previous week More News from 'Around the Web' The Atlantic - 4:23PM The Best Business Reads of February Reuters - 3:05PM More Wells Fargo customers may be affected by sales scandal: filing eyeonhousing.org - 3:05PM Pace of Residential Construction Spending Continues Positive Trend CNBC - 3:05PM These luxury markets saw the biggest hikes in real estate prices Bloomberg - 12:22PM Bond Manager With $14 Billion Loads Up to Guard Against Frexit Calculated Risk Blog - 11:00AM ISM Manufacturing index increased to 57.7 in February CNBC - 10:59AM US construction falls in January as drop in public outlays offset gains CNBC - 9:43AM A March surprise: Interest rate hike now a near-cinch CNBC - 9:43AM Here's what new homeowners regret the most about the buying process Reuters - 9:42AM U.S. consumer spending slows; inflation pushes higher Today's Rates Best Execution Rate Change 30 Yr FRM 4.23% +0.07 15 Yr FRM 3.43% +0.07 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.36% +0.07 5/1 Yr ARM 3.07% +0.04 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 98.70 -0.36 30YR FNMA 3.5 101.97 -0.28 30YR GNMA 3.0 100.47 -0.33 30YR GNMA 3.5 103.36 -0.31 15YR FNMA 3.0 102.50 0.00 15YR FNMA 2.5 99.88 -0.14 Treasuries Yield Change 2 YR 1.2882% +0.0242 5 YR 1.9922% +0.0546 10 YR 2.4580% +0.0609 30 YR 3.0608% +0.0632 Prices as of: 3/1/2017 4:43PM 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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