Daily Newsletter: Rates Hold Ground After Tax Plan; Refinance Volume Improves; Another GSE Plan; Flood Insurance Developments

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30 Year Fixed 4.11%   +0.00 15 Year Fixed 3.36%   +0.00 10YR Treasury 2.30%   -0.0305 FNMA 30YR 3.5 102.64   +0.17 FNMA 15YR 2.5 102.73   +0.08 View Today's Rates

Wednesday April 26, 2017 Mortgage Rate Watch - 3:59PM Mortgage Rates Hold Ground After Tax Plan Release Mortgage rates were relatively unchanged today, but only after averaging the disparate changes from various lenders. That means some lenders are in much better shape versus yesterday ... MND NewsWire - 10:04AM Falling Rates Stoke Refinancing Mortgage application volume rose during the week ended April 21, solely from a significant increase in refinancing. The Mortgage Bankers Association (MBA) said its Market Composite ... MND NewsWire - 5:15PM Another Plan Emerges for Fannie/Freddie Reform Last week, with considerable fanfare , the Mortgage Bankers Association released its plan for reforming the housing finance system, including a resolution of the nine-year old federal ... MND NewsWire - 5:14PM CoreLogic Expects Reauthorization, Maybe Even Reform, of Flood Insurance Program Although it features a rather shameless pitch to play a major role in a reorganized National Flood Insurance Program (NFIP), CoreLogic has published, in its Insights blog, some reassurance ... MBS Day Ahead: After Exiting Friendly Trend, Bonds Wait on Tax Plan for Next Cue Vendor News; AOT Mini-Bulk Execution; Fannie's Student Loan Endeavor Latest Video Homebuyer demand suddenly falling off as inventory keeps shrinking Mnunchin: This will be biggest tax cut in US history Mnunchin: Our objective is to simplify taxes More News from 'Around the Web' Google News - 4:52PM Homeownership in the Crosshairs of Latest Tax Plan freddiemac.mwnewsroom.com - 4:51PM Freddie Mac Issues Monthly Volume Summary for March 2017 www.npr.org - 3:30PM Trump Administration Proposes 'Significant' Tax Overhaul And Tax Cut Plan CNBC - 3:30PM Op-Ed: Here's the biggest problem with Trump's tax plan www.realtor.com - 3:13PM More Homeowners Pay for Repairs With Credit Cards Reuters - 3:13PM U.S. House may consider bill to fund government for a week: source CNBC - 1:44PM The White House just outlined its tax plan. Here's what's in it CNBC - 12:10PM Homebuyer demand suddenly falling off as inventory keeps shrinking Calculated Risk Blog - 12:10PM New Home Prices CNBC - 10:48AM Two huge markets are sizing up Trump and making radically different bets CNBC - 8:46AM Treasury's Mnuchin confirms Trump will seek 15 percent corporate tax rate CNBC - 8:46AM Treasury's Mnuchin: This is going to be the biggest tax cut and largest tax reform in our country's history CNBC - 8:14AM Lowest mortgage rates since election push refinances up 7% CNBC - 8:13AM US Treasurys mixed as investors eye Trump's tax plan, auctions Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.00 15 Yr FRM 3.36% +0.00 FHA 30 Year Fixed 3.85% +0.00 Jumbo 30 Year Fixed 4.38% +0.00 5/1 Yr ARM 3.05% -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 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 99.69 +0.25 30YR FNMA 3.5 102.64 +0.17 30YR GNMA 3.0 100.94 0.00 30YR GNMA 3.5 103.70 +0.19 15YR FNMA 3.0 102.73 +0.08 15YR FNMA 2.5 100.44 +0.17 Treasuries Yield Change 2 YR 1.2737% -0.0009 5 YR 1.8282% -0.0267 10 YR 2.3035% -0.0305 30 YR 2.9610% -0.0261 Prices as of: 4/26/2017 5:07PM 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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