Daily Newsletter: Jumbo Credit Access Benefits From Recent Drop in Rates; Big Risks With Tomorrow's Jobs Report

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30 Year Fixed 4.30%   -0.01 15 Year Fixed 3.98%   -0.01 10YR Treasury 2.51%   -0.0144 FNMA 30YR 3.5 101.00   +0.06 FNMA 15YR 2.5 100.50   +0.03 View Today's Rates

Thursday April 4, 2019 MND NewsWire - 10:34AM Jumbo Credit Access Benefits From Recent Drop in Rates Borrowers had a bit of an easier time getting a loan in March, especially those looking for Jumbo products. The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index ... Mortgage Rate Watch - 4:21PM Rates Look Like They're Planning a Bigger Move Mortgage rates barely budged today after hitting the highest levels in more than a week yesterday. In general, the bond market (which dictates rate movements) looks to be leveling off ... MBS Commentary - 10:04AM MBS Day Ahead: Hopes And Fears as Rates Approach Key Ceiling We've talked a lot about 2.55% in 10yr yields as an important floor for most of Q1 2019. It was broken after the Fed's March 20th announcement. For more than a week after that, bonds ... Pipeline Press - 8:56AM Capital Markets; Disclosure, FHA Products; Primer on Servicing Values NASA has taken another step to make interplanetary living a reality, naming the top three finalists for its ongoing 3D-Printed Habitat Challenge . I am sure building something on the ... Super Low Rates Had a Big Impact, But Now They're Moving Back Up Refinancing Soars Up 39% as Rates Decline Latest Video Trump to name Herman Cain to the Fed, reports Axios The economy is stronger than people think, economist says US weekly jobless claims total 202,000, vs 216,000 expected More News from 'Around the Web' Reuters - 4:16PM Merkel hopes May can find a way out Brexit maze by EU summit Reuters - 2:00PM Fed's Mester sees scope for U.S. rates to move 'a bit higher' Bloomberg - 1:59PM Jamie Dimon Backtracks on Yields and Plays Down the Curve Reuters - 1:59PM Fed's Harker sees 'at most' one rate hike in 2019 Reuters - 1:05PM Trump picks Herman Cain for Fed, news reports say CNBC - 1:04PM Home prices hit a new record, as higher-end listings dominate this spring's market Reuters - 12:46PM S&P wavers with U.S.-China trade talks in focus Reuters - 12:46PM Powell gets the heat, but all Trump Fed appointees backed rate hikes eyeonhousing.org - 11:52AM Top Green Features Reuters - 11:22AM No indicative Brexit votes planned for Monday: UK PM May's spokesman Bloomberg - 10:22AM Trump Says Economy Doing Well Despite Fed's 'Destructive' Moves CNBC - 9:53AM New chart shows market rebound off December low is reminiscent of the 1998 tech boom www.realtor.com - 9:10AM Home Prices Have Reached Record Highs—Despite the Housing Slowdown CNBC - 8:37AM US weekly jobless claims drop to the lowest level since 1969 www.builderonline.com - 8:24AM Ft. Worth Leads the Pack in Texas City Home Price Growth CNBC - 8:05AM US Treasury yields tick lower as investors await auctions, Fed speeches CNBC - 8:02AM UK narrowly votes to delay Brexit again — but the EU could refuse Today's Rates Best Execution Rate Change 30 Yr FRM 4.30% -0.01 15 Yr FRM 3.98% -0.01 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.17% -0.01 5/1 Yr ARM 4.08% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.22% 1.43 -0.12 30 Yr. Fixed 4.78% 1.18 -0.20 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 4.06% 0.50 -0.22 15 Yr. Fixed 3.57% 0.40 -0.14 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.75% 0.30 -0.09 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 99.11 +0.08 30YR FNMA 3.5 101.00 +0.06 30YR GNMA 3.0 99.95 0.00 30YR GNMA 3.5 101.77 +0.03 15YR FNMA 3.0 100.50 +0.03 15YR FNMA 2.5 98.88 +0.05 Treasuries Yield Change 2 YR 2.3390% -0.0019 5 YR 2.3185% -0.0116 10 YR 2.5133% -0.0144 30 YR 2.9211% -0.0141 Prices as of: 4/4/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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