Daily Newsletter: Fannie's Big Student Loan Changes; at 2 Week Highs; New Home Sales Surge; Prices Not Cooling

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30 Year Fixed 4.11%   +0.03 15 Year Fixed 3.36%   +0.05 10YR Treasury 2.34%   +0.0628 FNMA 30YR 3.5 102.45   -0.34 FNMA 15YR 2.5 102.63   -0.25 View Today's Rates

Tuesday April 25, 2017 Mortgage Rate Watch - 4:21PM Mortgage Rates Highest in 2 Weeks Mortgage rates moved moderately higher again higher today, as global financial markets continued reacting to recent geopolitical flashpoints (like the French election, discussed yesterday ... MND NewsWire - 2:16PM Fannie Moves to Accommodate Student Loan Debt At $1.4 trillion, student loan debt represents the U.S.'s second largest debt market behind mortgages and, in several recent surveys, younger respondents have said those loans are a ... MND NewsWire - 10:33AM New Home Sales Nearly Match Post-Crisis High Sales of newly constructed homes appear to have stopped, at least for the moment, their up-one-month, down-the-next pattern. They rose for the third consecutive month in March, and ... MND NewsWire - 9:26AM Home Price Gains Aren't Cooling Off For the fourth consecutive month, the National Home Price Index from S&P CoreLogic Case-Shiller has set a new price peak, rising 5.8 percent in February. It is now a half percentage ... Training in Sales, Reverse, HMDA, Cust. Satisfaction; Appraisal News - Illinois vs. AMCs? MBS Day Ahead: Fight Continues For Bonds; New "Gap" to Watch Latest Video Trader bets on bond breakdown Canadian lumber tariff hits homebuilders New home sales up 5.8% in March More News from 'Around the Web' CNBC - 3:42PM Republicans float a spending deal without border wall funding, NBC reports CNBC - 2:13PM Janet Yellen's successor at the Fed just might be Gary Cohn Bloomberg - 2:10PM There's a Huge Disagreement Between Bonds and Stocks Calculated Risk Blog - 12:28PM A few Comments on March New Home Sales Market Watch - 11:22AM French election relief could pave way for ECB tapering, but not yet Fannie Mae - 11:20AM New Fannie Mae Changes Address Student Loan Issues Market Watch - 10:38AM 10-year Treasury yield back above 2.3% as investors shun havens CNBC - 10:37AM US homebuilder stocks slide on concern Trump's lumber tariff will raise costs Washington Post - 9:35AM White House 'confident' of averting shutdown as Trump shows flexibility on wall www.gallup.com - 9:29AM Americans' Confidence in Economy Stable, Positive Market Watch - 8:50AM Bernanke warns that a ‘politicized' U.S. economy will create bad policies www.redfin.com - 8:49AM Redfin Housing Demand Index Drops Amid Lower-Than-Expected Buyer Activity in March; Remains Above Three-Year Average Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.03 15 Yr FRM 3.36% +0.05 FHA 30 Year Fixed 3.85% +0.10 Jumbo 30 Year Fixed 4.38% +0.04 5/1 Yr ARM 3.07% +0.00 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 3.97% 0.50 -0.11 15 Yr. Fixed 3.23% 0.50 -0.11 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.10% 0.40 -0.08 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 99.45 -0.47 30YR FNMA 3.5 102.45 -0.34 30YR GNMA 3.0 100.92 -0.56 30YR GNMA 3.5 103.52 -0.33 15YR FNMA 3.0 102.63 -0.25 15YR FNMA 2.5 100.28 -0.28 Treasuries Yield Change 2 YR 1.2787% +0.0494 5 YR 1.8582% +0.0565 10 YR 2.3358% +0.0628 30 YR 2.9895% +0.0630 Prices as of: 4/25/2017 4:57PM 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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