Daily Newsletter: Mortgage Rates Higher Still; Intraday Volatility Increasing; Delinquencies Rise; FHA Hardest Hit; Inflation The Enemy?

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30 Year Fixed 4.49%   +0.04 15 Year Fixed 3.85%   +0.06 10YR Treasury 2.83%   -0.0064 FNMA 30YR 3.5 100.08   -0.17 FNMA 15YR 2.5 100.06   -0.06 View Today's Rates

Thursday February 8, 2018 Mortgage Rate Watch - 5:22PM Mortgage Rates Higher Still; Intraday Volatility Increasing Mortgage rates continued higher today, bringing the average 30yr fixed rate to another new multi-year high. That said, rates may vary quite a bit from lender to lender for several reasons ... MND NewsWire - 12:27PM Delinquencies Up for All Loan Types; FHA Loans Hardest Hit The National Delinquency Survey (NDS), a quarterly measure of mortgage performance from the Mortgage Bankers Association (MBA), found delinquencies in the fourth quarter of 2017 had ... MBS Commentary - 9:23AM MBS Day Ahead: Another Look at Inflation as The Enemy It's too easy and too common for experts and casual observers alike to discuss bond markets through the lens of inflation. It's easy and common because inflation is always a consideration ... Pipeline Press - 9:13AM Upcoming Events and Conferences on Origination, Secondary, Cybersecurity, M&A, and More People are usually surprised to learn there are more boating licenses issued in Wyoming then in Hawai’i. Arizona and flooding? CoreLogic research finds 23% of residential and ... Consumers are Stoked About Housing Market Fannie and Freddie Guidelines, ULDD and Process Changes Latest Video I think interest rates will rise slowly over time: Edward Jones Dow drops more than 600 points Bond market sell-off drove intial equity sell-off: Strategist More News from 'Around the Web' Reuters - 5:19PM Wall Street tumbles again as S&P, Dow confirm correction CNBC - 5:19PM Interest rate run-up is moving faster than expected, next stop for 10-year yield is 3% — BlackRock's bond chief news.gallup.com - 5:19PM Most U.S. Workers Unafraid of Losing Their Jobs to Robots CNBC - 2:20PM US Senate panel narrowly backs Marvin Goodfriend for Fed board Reuters - 2:20PM Congress to vote on long-term budget deal, averting shutdown CNBC - 1:56PM Fed's Dudley: Market drop is 'small potatoes,' economy still strong, rates going up www.realtor.com - 1:54PM Gig Economy Grows Up as Lenders Allow Airbnb Income on Mortgage Applications CNBC - 11:55AM Retail sales expected to climb as much as 4.4 percent in 2018 Reuters - 11:34AM Wall Street extends losses as bond yields creep up again webfeeds.brookings.edu - 11:20AM Hutchins Roundup: Medicaid expansion, unemployment insurance and mortgage defaults, and more eyeonhousing.org - 10:12AM Housing Affordability Remains Flat in 2017 freddiemac.mwnewsroom.com - 10:03AM Rates Jump Again Calculated Risk Blog - 9:30AM Weekly Initial Unemployment Claims decrease to 221,000 www.bbc.com - 9:30AM Bank of England hints at earlier and larger rate rises www.consumerfinancemonitor.com - 9:15AM CFPB seeks comment on its enforcement processes Reuters - 8:40AM Fed likely to continue raising rates: Kaplan Bloomberg - 8:27AM Jump in US Yields May Not Lure Foreign Cash, and Here's Why Bloomberg - 8:27AM Fed's Kaplan Says Market Volatility 'May Be a Healthy Thing' Bloomberg - 8:26AM US Threatens to Dump Lenders From Veterans Mortgage Program Reuters - 8:26AM Rising bond yields keep world stocks on shaky ground Today's Rates Best Execution Rate Change 30 Yr FRM 4.49% +0.04 15 Yr FRM 3.85% +0.06 FHA 30 Year Fixed 4.30% +0.05 Jumbo 30 Year Fixed 4.54% +0.04 5/1 Yr ARM 3.42% +0.02 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 4.32% 0.60 +0.10 15 Yr. Fixed 3.77% 0.50 +0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.57% 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 97.08 -0.16 30YR FNMA 3.5 100.08 -0.17 30YR GNMA 3.0 98.19 -0.53 30YR GNMA 3.5 100.97 -0.28 15YR FNMA 3.0 100.06 -0.06 15YR FNMA 2.5 97.94 -0.06 Treasuries Yield Change 2 YR 2.1095% -0.0161 5 YR 2.5448% -0.0117 10 YR 2.8276% -0.0064 30 YR 3.1301% +0.0212 Prices as of: 2/8/2018 5:06PM 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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