Daily Newsletter: Mortgage Rates Hold Steady Ahead of Jobs Data; Mortgage Credit Declining; Big Picture for Bonds

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30 Year Fixed 3.63%   +0.00 15 Year Fixed 2.92%   +0.00 10YR Treasury 1.74%   -0.0351 FNMA 30YR 3.5 104.97   +0.13 FNMA 15YR 2.5 104.58   +0.08 View Today's Rates

Thursday May 5, 2016 Mortgage Rate Watch - 4:24PM Mortgage Rates Hold Steady Ahead of Jobs Data Mortgage rates held steady today, marking the 9th straight day without a move higher. 6 of those 9 days have seen mild to moderate improvements, ultimately bringing rates back within ... MND NewsWire - 9:49AM Mortgage Credit Availability Continues to Decline New programs offering low downpayment options for GSE loans weren't enough to compensate for more stringent jumbo loan standards in April. This resulted, the Mortgage Bankers Association ... Pipeline Press - 9:45AM Flood Insurance Update; What's New with Fannie & Freddie? May is Older Americans Month. Underwriters probably know that about 21% of the labor force is comprised of men 65 and older and only 13.5% of women in the same age range. 79% of older ... MBS Commentary - 9:07AM MBS Day Ahead: Let's Step Back and Examine the BIG Picture Bonds haven't been moving directionally in the big picture Unless that direction is "sideways" Let's take a step back and observe "the triangle" We've been following the same, normal ... Trended Credit Data: Hope or Hype? Why was Jerry's Rate so Much Lower? Latest Video Santelli Exchange: It's all about going negative Fed's Williams: We shouldn't overreact to Q1 GDP data VR the future of real estate? More News from 'Around the Web' CNBC - 3:22PM Fed's Williams: All the data pointing to the right direction in the labor market eyeonhousing.org - 1:19PM Regulation: 24.3 Percent of the Average New Home Price eyeonhousing.org - 1:19PM Overall Builder Confidence in the 55+ Housing Market Remains Positive in the First Quarter of 2016 Market Watch - 1:17PM Fannie Mae CEO says it's not sustainable to operate without capital Calculated Risk Blog - 1:17PM Las Vegas Real Estate in April: Sales Increased 4% YoY, Inventory Declines Slightly Market Watch - 10:35AM CFPB wants to let consumers sue banks, credit-card companies Market Watch - 10:35AM Fed's Bullard says weak growth led him to ‘dial back' support of April rate hike freddiemac.mwnewsroom.com - 10:33AM Mortgage Rates Back Near 2016 Lows Bloomberg - 9:10AM Will Fed's Rate Hike Path Be Influenced by Politics? CNBC - 9:09AM Claims post largest rise in over a year www.gallup.com - 9:09AM U.S. Gallup Good Jobs Rate 44.9% in April 2016 CNBC - 8:24AM US job cuts rise to 65,141: Challenger CNBC - 8:20AM Bond investors eye Fed speakers Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.00 15 Yr FRM 2.92% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% +0.00 5/1 Yr ARM 2.99% -0.01 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 3.82% 0.33 -0.04 15 Yr. Fixed 3.10% 0.37 +0.00 30 Yr. Jumbo 3.74% 0.31 -0.02 30 Yr. FHA 3.66% 0.29 -0.07 5/1 ARM 2.94% 0.20 +0.00 Freddie Mac ** 30 Yr. Fixed 3.61% 0.60 -0.05 15 Yr. Fixed 2.86% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 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 3.0 102.81 +0.20 30YR FNMA 3.5 104.97 +0.13 30YR GNMA 3.0 103.47 -0.02 30YR GNMA 3.5 105.58 -0.03 15YR FNMA 3.0 104.58 +0.08 15YR FNMA 2.5 103.02 +0.16 Treasuries Yield Change 2 YR 0.7182% -0.0239 5 YR 1.1968% -0.0372 10 YR 1.7401% -0.0351 30 YR 2.5968% -0.0361 Prices as of: 5/5/2016 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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