Daily Newsletter: Millennial Homeownership Up, Inventory Woes Persist; Rates at 2-Week Lows

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30 Year Fixed 4.52%   -0.02 15 Year Fixed 3.90%   -0.01 10YR Treasury 2.82%   -0.0292 FNMA 30YR 3.5 99.86   +0.11 FNMA 15YR 2.5 99.66   -0.05 View Today's Rates

Wednesday March 14, 2018 MND NewsWire - 11:34AM Millennial Homeownership Up, Inventory Woes Persist Millennials are picking up the pace of moving into homeownership, but the National Association of Realtors® (NAR) says not all are finding a way. Its 2018 Home Buyer and Seller ... Mortgage Rate Watch - 3:42PM Mortgage Rates Match 2-Week Lows Mortgage rates fell again today as several economic updates painted a slightly gloomier picture. In general, weaker economic data coincides with lower rates. First up were Retail Sales ... Pipeline Press - 9:15AM Advice for Those New to the Industry; Economy Continues to Move Forward As this week marks the 10 year anniversary of JPM Chase taking over Bear Stearns, the residential lending industry is rife with rumors about companies going out of business, scaling ... MND NewsWire - 8:39AM Purchase Applications Strengthen; Refis Wallow at Long-Term Lows Purchase mortgage applications held their ground for the third consecutive week, pushing the Mortgage Banker Association's Market Composite Index a bit higher. The Index, a measure ... MBS Day Ahead: Bonds Face Minefield of Resistance From Here New Home Sales Up 3% YoY Latest Video Fed is more confident with policy normalization: BlackRock strategist Challenges for incoming NEC Chair Larry Kudlow Morgan Stanley: No signs inflation is set to spike More News from 'Around the Web' Bloomberg - 3:40PM Rising Yields Won't Blunt the US Economy's Momentumâ€"For Now Reuters - 3:33PM Wall St. slides as trade war worries weigh www.consumerfinancemonitor.com - 3:27PM Bipartisan House bill introduced to change CFPB leadership to 5-member commission Washington Post - 2:00PM Kudlow to be top White House economic adviser as Trump adds longtime loyalist www.builderonline.com - 1:59PM California Man Pleads Guilty to Running $24M Real Estate Ponzi Scheme www.realtor.com - 1:59PM Home Sellers Now Use Spycams to Gather Intel on Prospective Buyers During Open Houses Calculated Risk Blog - 11:25AM Atlanta Fed: GDPNow delines to 1.9% for Q1 freddiemac.mwnewsroom.com - 10:34AM Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-F44 Bloomberg - 10:09AM Yield-Curve Flattening Gets New Life After Inflation Fears Subside CNBC - 9:57AM Gundlach predicts a 3% yield on the 10-year Treasury will spell the end of the bull market Calculated Risk Blog - 9:19AM Retail Sales decreased 0.1% in February CNBC - 8:37AM Rising services costs lift US producer prices in February www.realtor.com - 8:35AM With Home Prices and Interest Rates Rising, How Much Could Mortgage Bills Grow? www.builderonline.com - 8:33AM Home Values Increased by 207% in D.C.'s Most Gentrified ZIP Code CNBC - 8:33AM Lagging Dow stock Home Depot, in a correction, could run into more trouble CNBC - 8:33AM Democrat Conor Lamb is the apparent winner of Pennsylvania special election in Trump country Today's Rates Best Execution Rate Change 30 Yr FRM 4.52% -0.02 15 Yr FRM 3.90% -0.01 FHA 30 Year Fixed 4.30% -0.02 Jumbo 30 Year Fixed 4.55% -0.02 5/1 Yr ARM 3.61% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.64% 0.61 +0.07 15 Yr. Fixed 4.02% 0.66 +0.02 30 Yr. Jumbo 4.62% 0.50 +0.07 30 Yr. FHA 4.58% 0.71 +0.04 5/1 ARM 3.72% 0.39 -0.02 Freddie Mac ** 30 Yr. Fixed 4.46% 0.50 +0.03 15 Yr. Fixed 3.94% 0.50 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.63% 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 97.05 +0.14 30YR FNMA 3.5 99.86 +0.11 30YR GNMA 3.0 98.08 +0.14 30YR GNMA 3.5 100.72 +0.13 15YR FNMA 3.0 99.66 -0.05 15YR FNMA 2.5 97.61 0.00 Treasuries Yield Change 2 YR 2.2620% +0.0041 5 YR 2.6097% -0.0118 10 YR 2.8152% -0.0292 30 YR 3.0543% -0.0446 Prices as of: 3/14/2018 4:11PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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