Daily Newsletter: Rates Rise For 5th Straight Day; More Homeowners Cashing in on New Housing Wealthy; Record Bank Earnings

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30 Year Fixed 4.25%   +0.01 15 Year Fixed 3.45%   +0.01 10YR Treasury 2.48%   +0.0001 FNMA 30YR 3.5 101.88   +0.06 FNMA 15YR 2.5 102.34   0.00 View Today's Rates

Friday March 3, 2017 Mortgage Rate Watch - 4:08PM Mortgage Rates Rise For 5th Straight Day Mortgage rates rose by the smallest amount of the week today, but they rose nonetheless. That caps a streak of 5 straight days spent moving in an unfriendly direction. The caveat is ... MND NewsWire - 11:56AM More Homeowners Cashing in on Their New Housing Wealth Homeowners are opening their favorite piggy bank again — their homes. As home values rise faster than expected, that increased homeowner wealth suddenly seems more enticing. It ... Pipeline Press - 9:12AM Record Bank Earnings, Basel Update; Appraisal and Collateral Trends For me the last few weeks included travel to events in Florida, Texas, Southern California, and now The Mortgage Collaborative’s event in Arizona. And although I wouldn’t ... MBS Commentary - 8:43AM MBS Day Ahead: Post-Election Range Threatened by Fed As you're likely aware, rates have been in a very well-behaved consolidation range since mid-November. The trendlines connecting the "lower highs" and "higher lows became especially ... Market Shifts May Lead to More Mortgage Fraud Another Caliber Deal; In M&A What Makes a Good Lender Makes a Good Seller Latest Video Home prices rising, down payments dropping Market valuations justified as money flows into quality stocks: Pro Yellen speaks at Executives' Club of Chicago More News from 'Around the Web' www.cfpbmonitor.com - 3:56PM Competing House and Senate bills aim to eliminate or reform the CFPB www.freddiemac.com - 1:52PM Multifamily Notes from San Diego Reuters - 1:52PM Fed's Yellen: March rate hike 'appropriate' if data holds up Market Watch - 1:52PM Fed's Fischer signals he is content with market expectations of a rate hike in March CNBC - 12:53PM Fed's Fischer avoids rate debate, makes case for free hand in policy CNBC - 10:29AM ISM non-manufacturing index hit 57.6 in February vs estimate of 56.5 Bloomberg - 10:29AM JPM's Kelly Says Markets Due for Significant Correction - Bloomberg Video www.cfpbmonitor.com - 10:26AM Cordray's CNBC interview answers few questions CNBC - 10:26AM Fed's Lacker, citing mistakes of '60s, plugs pre-emptive rate hikes CNBC - 9:44AM Property investors are getting interest rate jitters: CBRE Bloomberg - 9:15AM Pimco's New Bond Chief Is Nailing It Reuters - 9:15AM Futures dip ahead of Yellen's speech www.builderonline.com - 9:15AM Will Technology Replace Appraisers? www.builderonline.com - 9:15AM Should Doctors Be Able to Prescribe Housing as a Cure for Homelessness? www.corelogic.com - 9:13AM CoreLogic to integrate Centralized Showing Service with Matrix Today's Rates Best Execution Rate Change 30 Yr FRM 4.25% +0.01 15 Yr FRM 3.45% +0.01 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.39% +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 4.10% 0.50 -0.06 15 Yr. Fixed 3.32% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.14% 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 98.58 +0.02 30YR FNMA 3.5 101.88 +0.06 30YR GNMA 3.0 100.41 -0.03 30YR GNMA 3.5 103.17 -0.06 15YR FNMA 3.0 102.34 0.00 15YR FNMA 2.5 99.78 +0.03 Treasuries Yield Change 2 YR 1.3091% -0.0033 5 YR 2.0124% -0.0064 10 YR 2.4816% +0.0001 30 YR 3.0745% -0.0008 Prices as of: 3/3/2017 4:34PM 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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