Daily Newsletter: Mortgage Rate Confusion; The New HELOC; Prices End 2015 Strong

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30 Year Fixed 3.65%   +0.02 15 Year Fixed 2.95%   +0.01 10YR Treasury 1.70%   -0.0498 FNMA 30YR 3.5 104.81   +0.11 FNMA 15YR 2.5 104.30   +0.08 View Today's Rates

Thursday February 25, 2016 Mortgage Rate Watch - 4:39PM Mortgage Rates Definitely Not at Long-Term Lows Mortgage rates were slightly higher today, and that leaves them much higher than the long-term lows seen 2 weeks ago. Of course "much" is a relative term, and in this case, it pertains ... MND NewsWire - 1:14PM Behavior Modification and the New HELOC In a new white paper titled Home Equity Lending Landscape , CoreLogic says that in the recent past homeowners who wanted to tap the equity in their homes might have looked to a cash ... MND NewsWire - 11:17AM Home Prices Ended 2015 Strong Despite Market Volatility The Federal Housing Finance Agency's House Price Index (HPI) for December came in slightly higher than the Case-Shiller National Home Price Index did earlier in the week. Case-Shiller ... Pipeline Press - 11:11AM Multi-Family News; Rent Trends Good For Lenders; Commercial Lending Crack-Down? How much do small firms spend on examiners and auditors camping out in their shops? And w hat about legal bills? I am sure it is a tiny fraction of what companies like Bank of America ... MBS Day Ahead: What's Up With The Intraday Volatility? Fannie Mae Eliminates Continuity of Obligation Policy Latest Video Santelli Exchange: Negative rates & banks Recession in view? Has oil found a bottom? More News from 'Around the Web' The Atlantic - 3:36PM Why Blacks and Hispanics Have Such Expensive Mortgages Bloomberg - 3:33PM Do US Consumers Have More Money to Spend? eyeonhousing.org - 12:58PM Multifamily Outlook Still Positive despite Index Dip in Fourth Quarter Calculated Risk Blog - 12:58PM A comment on the Labor Force Participation Rate Market Watch - 12:56PM The Fed: Fed can't follow single policy rule, Williams says eyeonhousing.org - 10:45AM Leading Marks Index Points to Slow and Steady Recovery for the US freddiemac.mwnewsroom.com - 10:43AM Fixed Mortgage Rates Resume Decline CNBC - 8:46AM US durable goods orders rebound CNBC - 8:46AM Weekly jobless claims rise www.realtor.com - 8:44AM The 20 Hottest U.S. Real Estate Markets in February 2016 Bloomberg - 8:40AM Treasury Bull Case Bolstered by Japanese Funds Devouring Bonds Market Watch - 8:40AM LendingTree shares rally 16% after earnings beat and upbeat outlook Market Watch - 8:39AM Fed deserves some blame for market selloff: Bullard Today's Rates Best Execution Rate Change 30 Yr FRM 3.65% +0.02 15 Yr FRM 2.95% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.50% +0.01 5/1 Yr ARM 2.96% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 3.83% 0.36 -0.08 15 Yr. Fixed 3.11% 0.31 -0.07 30 Yr. Jumbo 3.74% 0.26 -0.02 30 Yr. FHA 3.67% 0.34 -0.05 5/1 ARM 2.92% 0.32 -0.04 Freddie Mac ** 30 Yr. Fixed 3.62% 0.60 -0.03 15 Yr. Fixed 2.93% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.50 -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 3.0 102.63 +0.17 30YR FNMA 3.5 104.81 +0.11 30YR GNMA 3.0 103.47 +0.17 30YR GNMA 3.5 105.36 +0.13 15YR FNMA 3.0 104.30 +0.08 15YR FNMA 2.5 102.58 +0.14 Treasuries Yield Change 2 YR 0.7225% -0.0392 5 YR 1.1540% -0.0687 10 YR 1.7020% -0.0498 30 YR 2.5812% -0.0305 Prices as of: 2/25/2016 4:30PM 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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