Daily Newsletter: Rates Move Deeper Into 2017 Lows After Trump Comments; Delinquencies at 10-Year Low; Purchase Loans Set New Price Record

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30 Year Fixed 4.05%   -0.03 15 Year Fixed 3.28%   -0.02 10YR Treasury 2.24%   -0.0535 FNMA 30YR 3.5 102.92   +0.27 FNMA 15YR 2.5 103.00   +0.11 View Today's Rates

Wednesday April 12, 2017 Mortgage Rate Watch - 5:20PM Rates Move Deeper Into 2017 Lows After Trump Comments Mortgage rates continued lower today, bringing them even deeper into new lows for 2017. Bond markets (which underlie rate movement) were already doing just fine this morning, but got ... MND NewsWire - 11:53AM Important Mortgage Performance Metric Best in 10 Years Early state mortgage delinquencies are an important measure of mortgage market health, and CoreLogic reports they are continuing to decline . In January, the company found 5.3 percent ... Pipeline Press - 9:24AM Lender Product News; Trends in Closing and eClosing Processes “Marriage is a legal and religious alliance entered into by a man who can’t sleep with the window shut and a woman who can’t sleep with the window open.” So ... MND NewsWire - 8:26AM Purchase Loan Applications Set New Price Record The volume of mortgage applications reversed a three-week losing streak to rise 1.5 percent on a seasonally adjusted basis last week. The Mortgage Bankers Association said its Market ... MBS Day Ahead: Bonds Continue Following Risk Trade, Even if it Means Breaking The Range Vacation Home Sales Plunged in 2016, Mortgage Use Up Latest Video Trump: Dollar is getting too-strong -WSJ Mortgage apps rose 1.5% last week Santelli Exchange: Fmr. FDIC Chairman on regulatory & housing finance reform More News from 'Around the Web' Market Watch - 5:07PM Why did Trump flip flop on Yellen? She may be the dove he needs, analysts say CNBC - 4:18PM Trump tanks the dollar after saying it's 'getting too strong' CNBC - 4:15PM Trump says he is undecided about renominating Yellen Reuters - 4:15PM Trump says dollar 'getting too strong': Wall Street Journal Calculated Risk Blog - 4:13PM Mortgage Rates below 4% Again? CNBC - 2:25PM The market fear index is surging to a post-Trump high, and here's why Bloomberg - 2:21PM Some Big Bond Managers Are Buying Volatility Again Calculated Risk Blog - 1:09PM Q1 Review: Ten Economic Questions for 2017 Market Watch - 1:09PM Bernanke's conundrum: Why do investors trust the Fed? eyeonhousing.org - 11:20AM The Distribution of Residential Construction Loans Among Banks CNBC - 10:13AM Real estate mogul: Buying a house is your fastest path to wealth CNN - 8:31AM House GOP vows to offer Dodd-Frank overhaul bill by end of April CNBC - 8:30AM Bond prices mixed as uncertainty rises ahead of US talks with Russia Today's Rates Best Execution Rate Change 30 Yr FRM 4.05% -0.03 15 Yr FRM 3.28% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.33% -0.02 5/1 Yr ARM 3.09% +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 4.10% 0.50 -0.04 15 Yr. Fixed 3.36% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.19% 0.40 +0.01 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 3.0 100.03 +0.38 30YR FNMA 3.5 102.92 +0.27 30YR GNMA 3.0 101.33 +0.33 30YR GNMA 3.5 104.13 +0.25 15YR FNMA 3.0 103.00 +0.11 15YR FNMA 2.5 100.61 +0.16 Treasuries Yield Change 2 YR 1.2015% -0.0364 5 YR 1.7742% -0.0561 10 YR 2.2445% -0.0535 30 YR 2.8900% -0.0397 Prices as of: 4/12/2017 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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