Daily Newsletter: Mortgage Rates Higher After Jobs Report; Lenders Downbeat About Profits

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30 Year Fixed 3.76%   +0.03 15 Year Fixed 3.04%   +0.02 10YR Treasury 1.88%   +0.0456 FNMA 30YR 3.5 104.53   -0.11 FNMA 15YR 2.5 104.14   -0.05 View Today's Rates

Friday March 4, 2016 Mortgage Rate Watch - 5:10PM Mortgage Rates Higher After Jobs Report Mortgage rates moved only moderately higher today after the Employment Situation report came out much stronger than expected. The all-important jobs data showed payroll growth of 242k ... MND NewsWire - 12:13PM Mortgage Lenders Downbeat about Future Profits Lenders, especially mortgage banks and larger lending institutions, are increasingly pessimistic about their profits. Fannie Mae says that responses to its fourth quarter 2015 Mortgage ... Pipeline Press - 9:23AM Lowering Whistleblower Odds; Cost of Regulation; Ocwen News; What is Section 342? This is the only day of the year that sounds like a military command: "March Forth"! That is certainly not as interesting as the SAT eliminating "trick" questions, or as interesting ... MBS Commentary - 8:23AM MBS Day Ahead: Why Big Events are Scary at Current Levels "Stop me if you've heard this one before. There's this epic long-term inflection point defined by 10yr yield levels 1.84-1.86. It stretches back to 2011, when it acted as uncanny resistance ... Does Homeownership Counseling Make a Difference? Offsetting Gains and Losses in Underwriting Guidelines in Feb Latest Video Feb. jobless rate 4.9% A read on the latest jobs report Spring selling season More News from 'Around the Web' CNBC - 4:06PM What will traders worry about next? Reuters - 4:04PM Wall Street leans toward only two Fed rate hikes before year-end: Reuters poll Calculated Risk Blog - 4:02PM Comments: A Strong Employment Report Reuters - 2:34PM Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds - document Reuters - 2:33PM Exclusive: Congressional watchdog to probe lax Fed bank oversight CNBC - 12:39PM Housing the loser in February jobs report Federal Reserve - 12:33PM Agencies clarify expectations for the use of property evaluations webfeeds.brookings.edu - 12:31PM Does the United States have a productivity slowdown or a measurement problem? www.cfpbmonitor.com - 12:28PM Survey Says: TRID Extends Processing Times and Limits Products Offered Washington Post - 10:46AM U.S. small businesses are borrowing less Reuters - 9:04AM U.S. trade deficit widens as exports hit five-and-a-half-year low www.npr.org - 9:04AM Economy Gained 242,000 Jobs In February; Unemployment Rate Holds Steady CNBC - 9:03AM BlackRock: Jobs report takes pressure off Fed Today's Rates Best Execution Rate Change 30 Yr FRM 3.76% +0.03 15 Yr FRM 3.04% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% +0.03 5/1 Yr ARM 3.02% +0.00 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% 0.39 -0.02 15 Yr. Fixed 3.13% 0.31 +0.01 30 Yr. Jumbo 3.75% 0.31 -0.05 30 Yr. FHA 3.67% 0.40 -0.05 5/1 ARM 3.02% 0.31 -0.05 Freddie Mac ** 30 Yr. Fixed 3.64% 0.50 +0.02 15 Yr. Fixed 2.94% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.84% 0.50 +0.05 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 3.0 102.06 -0.17 30YR FNMA 3.5 104.53 -0.11 30YR GNMA 3.0 103.00 -0.22 30YR GNMA 3.5 105.17 -0.16 15YR FNMA 3.0 104.14 -0.05 15YR FNMA 2.5 102.31 -0.06 Treasuries Yield Change 2 YR 0.8696% +0.0204 5 YR 1.3790% +0.0396 10 YR 1.8776% +0.0456 30 YR 2.6986% +0.0437 Prices as of: 3/4/2016 4:32PM 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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