Daily Newsletter: Super Low Rates Had a Big Impact, But Now They're Moving Back Up

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30 Year Fixed 4.31%   +0.10 15 Year Fixed 3.99%   +0.07 10YR Treasury 2.53%   +0.0535 FNMA 30YR 3.5 100.94   -0.14 FNMA 15YR 2.5 100.47   -0.16 View Today's Rates

Wednesday April 3, 2019 Mortgage Rate Watch - 3:56PM Super Low Rates Had a Big Impact, But Now They're Moving Back Up Mortgage rates resumed a week-long move higher today, bringing them to the highest levels since March 19th or 20th, depending on the lender. Between now and then, they'd fallen abruptly ... MBS Commentary - 10:01AM MBS Day Ahead: Bonds Filling The Post-Fed Breakout Gap With 10yr yields beginning the day well over 2.50% and with 2.55% being the line in the sand marking the breakout from the sideways range at the beginning of 2019, it's fair to say ... MND NewsWire - 8:10AM Refinancing Soars Up 39% as Rates Decline Borrowers have apparently been paying attention. The 22-basis point drop in mortgage rates per Freddie Mac, the largest one-week decline in more than 10 years, triggered a surge in ... Pipeline Press - 8:45AM Outsourcing, Marketing, and Broker Products; Non-conforming and Jumbo Trends Anyone traveling near San Francisco may have seen “The Flintstones House” perched on a hill next to the freeway. Neighbors don’t like it. But I guess my mind is officially ... Affordability Gripes Slowing--But Not Derailing--Price Growth UI Says GSE "Patch" has Race, Income Implications Latest Video Trump reportedly told Fed's Powell that he's 'stuck' with him Why this strategist says bond investors are 'living in hell' Trump's pressure on Fed won't impact markets, says portfolio manager More News from 'Around the Web' Reuters - 4:18PM White House's Kudlow says U.S.-China talks making progress, could extend Reuters - 2:24PM British lawmakers vote to go ahead with debate on Brexit delay law Calculated Risk Blog - 2:23PM Merrill: March Employment Report Forecast Reuters - 1:02PM UK faces 'alarmingly high' risk of no-deal Brexit: BoE's Carney Bloomberg - 1:02PM After Cutting 802,000 Jobs, Some Big Banks Are Adding Staff - Bloomberg Reuters - 1:02PM U.S. services, private payrolls data highlight slowing economy Bloomberg - 12:01PM Negative Yields Engulf Europe Inc. Reuters - 10:48AM White House's Kudlow says U.S.-China talks are progressing CNBC - 10:01AM ISM non-manufacturing index hits 56.1 in March vs. 58 estimate Bloomberg - 9:38AM Fed Bubble Risk, Trade Talks, U.K. Services Slump: Eco Day CNBC - 8:20AM Private payrolls add 129K in March vs. 173K est.: ADP/Moody's Analytics CNBC - 8:07AM Trump reportedly told Fed's Powell that he's 'stuck' with him Reuters - 8:05AM World stocks at six-month highs on optimism over U.S.-China trade, soft Brexit hopes Today's Rates Best Execution Rate Change 30 Yr FRM 4.31% +0.10 15 Yr FRM 3.99% +0.07 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.18% +0.06 5/1 Yr ARM 4.09% +0.04 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 99.00 -0.19 30YR FNMA 3.5 100.94 -0.14 30YR GNMA 3.0 99.92 -0.11 30YR GNMA 3.5 101.72 -0.14 15YR FNMA 3.0 100.47 -0.16 15YR FNMA 2.5 98.84 -0.19 Treasuries Yield Change 2 YR 2.3429% +0.0405 5 YR 2.3301% +0.0470 10 YR 2.5259% +0.0535 30 YR 2.9344% +0.0582 Prices as of: 4/3/2019 4:35PM 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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