Daily Newsletter: Fannie/Freddie Need Your Money Again; Builders Optimistic; Rates Shun Stocks; How Bad Could it Get?

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30 Year Fixed 4.57%   +0.00 15 Year Fixed 3.92%   +0.00 10YR Treasury 2.91%   -0.0054 FNMA 30YR 3.5 99.50   +0.08 FNMA 15YR 2.5 99.55   +0.02 View Today's Rates

Thursday February 15, 2018 MND NewsWire - 2:04PM Fannie/Freddie Need Your Money Again, But Not Like They Used To While the prospect of Fannie Mae and Freddie Mac needing taxpayer money conjures up images of a failing mortgage market requiring a government bailout, that's very far from the case ... MND NewsWire - 10:37AM Homebuilders More Optimistic Over the Next Six Months New home builders are looking ahead, and the National Association of Home Builders (NAHB) says this optimism was reflected in its Housing Market Index (HMI) for February. While the ... Mortgage Rate Watch - 3:41PM Rates Hold Steady Despite Stock Gains Mortgage rates were roughly unchanged today. Some lenders even offered improved rates in the afternoon as underlying bond markets managed to hold modest gains. All this despite another ... MBS Commentary - 10:10AM MBS Day Ahead: How Bad Could it Get (And Why It Won't Get That Bad) I've mentioned the comparisons between 2013 and the current selling trend several times recently. Most of those have been in response to journalists and analysts claiming some weird ... New HUD Budget Could Defund Rental Assistance, Other Programs ARM and Jumbo Changes; Upcoming Events and Training Latest Video We could see sharp moves higher in rates: Strategist Homebuilder sentiment unchanged in February Bond supply is the 'big open question,' says expert More News from 'Around the Web' www.consumerfinancemonitor.com - 4:14PM House Passes Bill to Amend TRID Rule Disclosures Calculated Risk Blog - 4:13PM Fannie and Freddie: REO inventory declined in Q4, Down 30% Year-over-year Reuters - 1:37PM U.S. market gurus who predicted selloff say current calm an illusion www.consumerfinancemonitor.com - 1:37PM CFPB FY 2018-2022 strategic plan reflects Mulvaney's new approach Bloomberg - 1:24PM Japan Investors Waiting for Powell Before Return to Treasuries CNBC - 1:23PM The rate rise doesn't matter to the markets. Here's what does Bloomberg - 11:29AM For Yield Hunters, Here's a Place Still Offering Rich Dividends webfeeds.brookings.edu - 11:11AM Hutchins Roundup: Employer concentration and wage stagnation, collateral damage, and more freddiemac.mwnewsroom.com - 10:24AM Freddie Mac Reports Full Year and Fourth Quarter 2017 Financial Results freddiemac.mwnewsroom.com - 10:06AM Mortgage Rates Continue to Climb www.redfin.com - 9:45AM Strong January Home Price Growth and Declining Inventory Signal Another Competitive Spring for Homebuyers Reuters - 9:11AM U.S. weekly jobless claims rebound from near 45-year lows CNBC - 9:09AM US 10-year yield rises to fresh 4-year high of 2.94% www.builderonline.com - 8:10AM 5 Rising U.S. Cities Where Homeownership is Affordable Reuters - 8:08AM Futures roll higher, brushing aside inflation worries www.builderonline.com - 8:07AM White House Proposes to Slash HUD Programs Today's Rates Best Execution Rate Change 30 Yr FRM 4.57% +0.00 15 Yr FRM 3.92% +0.00 FHA 30 Year Fixed 4.35% +0.00 Jumbo 30 Year Fixed 4.57% -0.01 5/1 Yr ARM 3.50% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.22 -0.02 30 Yr. Fixed 4.14% 1.32 -0.01 MBA ** 30 Yr. Fixed 4.06% 0.38 -0.05 15 Yr. Fixed 3.34% 0.38 -0.02 30 Yr. Jumbo 3.96% 0.20 -0.04 30 Yr. FHA 3.98% 0.35 -0.04 5/1 ARM 3.14% 0.31 -0.12 Freddie Mac ** 30 Yr. Fixed 4.38% 0.60 +0.06 15 Yr. Fixed 3.84% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.63% 0.40 +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 96.44 +0.06 30YR FNMA 3.5 99.50 +0.08 30YR GNMA 3.0 97.73 -0.08 30YR GNMA 3.5 100.50 +0.13 15YR FNMA 3.0 99.55 +0.02 15YR FNMA 2.5 97.42 +0.05 Treasuries Yield Change 2 YR 2.1844% +0.0126 5 YR 2.6491% -0.0152 10 YR 2.9077% -0.0054 30 YR 3.1653% -0.0050 Prices as of: 2/15/2018 4:19PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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