Daily Newsletter: More Buyers, But Builders Remain Cautious; Highest Rates in Nearly a Month

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30 Year Fixed 4.34%   +0.04 15 Year Fixed 4.04%   +0.06 10YR Treasury 2.59%   +0.0361 FNMA 30YR 3.5 100.61   -0.16 FNMA 15YR 2.5 100.28   -0.06 View Today's Rates

Tuesday April 16, 2019 Mortgage Rate Watch - 4:22PM Mortgage Rates Highest in Nearly a Month Mortgage rates rose again today, albeit at a slightly slower clip compared to yesterday. Still, that's little consolidation considering this is the 4th straight day spent moving in ... MND NewsWire - 10:41AM Buyer Traffic Improves, Builders Still Leery of New Home Market Builder confidence levels as reported by the National Association of Home Builders (NAHB) remained in the low 60s in April, a space it has now occupied for three months. The NAHB/Wells ... MBS Commentary - 10:32AM MBS Day Ahead: Be Careful What You Read and Whom You Trust Reading the news this morning, I came across multiple articles with such bogus claims that I feel compelled to rant about it here. All of the offenders (I stopped looking after 3 out ... Pipeline Press - 8:22AM Coaching, Underwriting, and Franchise Products; Tech Study; Fed Speeches This Week Things aren’t always what they seem. Does the mainstream press, or politicians, think about how about how much money it takes to attract top talent to senior roles at top mortgage ... Non-Bank Lender CEO on Why Companies Like His Could Cause Next Crisis Homeowners Expecting Higher Appraisals than They Get Latest Video Investors are becoming more defensive, says JP Morgan's Parker 'Scare' of global growth slowdown is behind us, says trader Trade easing will support recovery in global economy, says Morgan Stanley chief economist More News from 'Around the Web' CNBC - 4:46PM Earnings are coming in, and higher costs are weighing on profit margins www.realtor.com - 3:30PM Mortgage Mistake That Could Cost One Woman Her Longtime Home Reuters - 3:13PM Wall Street edges higher on generally upbeat earnings CNBC - 3:13PM Economy could be weaker than expected, and the reason is manufacturing Calculated Risk Blog - 1:04PM CAR: "California home sales moderate in March" Reuters - 1:03PM U.S. manufacturing mired in soft patch in first quarter Bloomberg - 11:52AM ECB Officials Lack Enthusiasm for Sub-Zero Tiering Reuters - 11:03AM China's policy stimulus may worsen economic distortions: OECD Reuters - 9:34AM U.S. manufacturing output unchanged in March Reuters - 8:05AM Will upbeat economic data make China tap the brakes on monetary easing? Bloomberg - 8:01AM China's Holdings of U.S. Treasuries Increase For a Third Month Today's Rates Best Execution Rate Change 30 Yr FRM 4.34% +0.04 15 Yr FRM 4.04% +0.06 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.24% +0.03 5/1 Yr ARM 4.10% +0.02 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 4.12% 0.50 +0.06 15 Yr. Fixed 3.60% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.80% 0.40 +0.05 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 98.42 -0.28 30YR FNMA 3.5 100.61 -0.16 30YR GNMA 3.0 99.59 -0.28 30YR GNMA 3.5 101.48 -0.22 15YR FNMA 3.0 100.28 -0.06 15YR FNMA 2.5 98.63 -0.11 Treasuries Yield Change 2 YR 2.4144% +0.0208 5 YR 2.4059% +0.0340 10 YR 2.5922% +0.0361 30 YR 2.9951% +0.0262 Prices as of: 4/16/2019 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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