Daily Newsletter: Mortgage Rates Stumble as Political Uncertainty Weighs; New Home Sales Build on January's Strength; Arguments to Restructure CFPB

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30 Year Fixed 4.20%   +0.01 15 Year Fixed 3.41%   +0.01 10YR Treasury 2.42%   +0.0144 FNMA 30YR 3.5 102.03   -0.03 FNMA 15YR 2.5 102.41   -0.06 View Today's Rates

Thursday March 23, 2017 Mortgage Rate Watch - 4:06PM Mortgage Rates Stumble as Political Uncertainty Weighs Mortgage rates were slightly higher for the first time in 8 days as markets braced for the impact of political developments. The big issue of the day was (and still is) the healthcare ... MND NewsWire - 11:14AM New Home Sales Build on January Strength New home sales posted a much better February than did existing home sales and, in fact, better than most analysts had expected. The U.S. Census Bureau and the Department of Housing ... MND NewsWire - 10:15AM Financial Services Committee Hears Arguments to "Restructure CFPB" The House Financial Services Committee (FSC) held a hearing on Tuesday into the constitutionality of the structure of the Consumer Financial Protection Bureau (CFPB). The hearing arose ... Pipeline Press - 9:10AM From Apps to Secondary, a Multitude of Vendor Changes and Announcements Have you been asked to join the Trump Administration’ new group focusing on mortgage finance policy? No? My cat Myrtle hasn't gotten the nod (yet) either, but if you want on, ... Loan Pay-Offs Hit Three-Year Low MBS Day Ahead: Bonds Fight For The Old Ways Latest Video New home sales up 6.1% in February No health care vote today -NBC citing source Expert: How raising short-term rates affects long-term rates More News from 'Around the Web' CNBC - 3:56PM This is what's behind the severe housing drought www.cfpbmonitor.com - 3:39PM CFPB previews 5-year review of mortgage rules Calculated Risk Blog - 3:39PM A few Comments on February New Home Sales freddiemac.mwnewsroom.com - 12:34PM Freddie Mac Statement on Single Security and Common Securitization Platform www.wellsfargo.com - 12:34PM Wells Fargo/Gallup Survey: U.S. Investor Optimism Rises to Highest Level in 16 Years CNBC - 12:34PM Expert: Here's what happens if House fails to pass health-care bill CNBC - 11:41AM House Ways and Means chair: There's 95% agreement on GOP health-care bill, but ... CNBC - 11:40AM Here's how the markets will react to the health-care vote, according to Art Cashin freddiemac.mwnewsroom.com - 10:59AM Mortgage Rates Drop Signals Continued Uncertainty CNBC - 9:51AM Banks and tech firms battle over something akin to gold: Your data Calculated Risk Blog - 9:20AM Weekly Initial Unemployment Claims increase to 258,000 Reuters - 9:17AM Fed's Yellen does not comment on monetary policy CNBC - 9:17AM 8 GOP House members whose votes on health care will be crucial CNBC - 8:04AM Trump and GOP leaders face big test as Wall Street waits Bloomberg - 8:04AM Renters Now Rule Half of US Cities - Bloomberg Calculated Risk Blog - 8:04AM Black Knight: Mortgage Delinquencies Declined in February www.npr.org - 8:04AM In Final Hours, GOP Leaders Scramble For Votes On Bill To Gut 'Obamacare' Today's Rates Best Execution Rate Change 30 Yr FRM 4.20% +0.01 15 Yr FRM 3.41% +0.01 FHA 30 Year Fixed 3.80% +0.00 Jumbo 30 Year Fixed 4.39% +0.01 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 4.23% 0.50 -0.07 15 Yr. Fixed 3.44% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.24% 0.40 -0.04 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 98.92 -0.17 30YR FNMA 3.5 102.03 -0.03 30YR GNMA 3.0 100.53 -0.16 30YR GNMA 3.5 103.25 -0.11 15YR FNMA 3.0 102.41 -0.06 15YR FNMA 2.5 99.94 -0.08 Treasuries Yield Change 2 YR 1.2561% +0.0043 5 YR 1.9516% +0.0134 10 YR 2.4176% +0.0144 30 YR 3.0302% +0.0128 Prices as of: 3/23/2017 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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