Daily Newsletter: Trended Credit Data: Hope or Hype?; Rates Fall Again; Understanding LLPA Impact on Pricing

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30 Year Fixed 3.63%   -0.01 15 Year Fixed 2.92%   -0.01 10YR Treasury 1.78%   -0.0211 FNMA 30YR 3.5 104.84   0.00 FNMA 15YR 2.5 104.50   -0.05 View Today's Rates

Wednesday May 4, 2016 Community Commentary - 1:36PM Trended Credit Data: Hope or Hype? Fannie Mae’s Desktop Underwriter (DU) Version 10.1 kicks in June 25th, and has several changes that will significantly impact borrowers’ loan approvals. One of the biggest ... Mortgage Rate Watch - 5:03PM Mortgage Rates Fall for 6th Straight Day Mortgage rates moved lower for the 6th day in a row today, bringing them in line with the best levels in more than a month. It should be noted, however, that the first half of April ... Community Commentary - 1:26PM Why was Jerry's Rate so Much Lower? A primer to the misunderstood factors that determine Jerry’s (and Shawn’s, and your) interest rates... The excitement in Shawn’s voice was palpable. He called me based ... MND NewsWire - 9:11AM Freddie Posts First Loss since 2012 Freddie Mac said today that the company had a net loss in the first quarter of 2016, the first time in four years that it has failed to show a profit. The company posted a $354 million ... MBS Day Ahead: Waiting on ISM For Indication on Sensitivity to Data Bank Numbers Falling; M&A Role in Jumbo Biz; Another Credit Union Acquisition Mortgage Apps Fall as Rates Edge Higher Latest Video First look at Q2 GDP Santelli: Rates drift lower on weaker data ADP April payrolls up 156K More News from 'Around the Web' Calculated Risk Blog - 5:27PM Freddie Mac: Mortgage Serious Delinquency rate decreased in March, Lowest since Aug 2008 corporate.phh.com - 5:26PM PHH Corporation Announces First Quarter 2016 Results www.cfpbmonitor.com - 5:26PM Treasury Dept. marketplace lending findings expected to be released next week www.npr.org - 1:04PM Kasich Dropping Out Of Presidential Race; Donald Trump Assured GOP Nomination CNBC - 1:03PM Online lenders are taking a beating CNBC - 10:46AM Bill Gross: 'Helicopter money' is coming Reuters - 10:06AM U.S. trade deficit shrinks as goods imports hit five-year low Bloomberg - 10:06AM Rents Rise 10%. And 12%. Also 8% CNBC - 10:05AM ISM non-manufacturing index hits 55.7 in April, vs. 54.7 estimate CNBC - 10:05AM Factory orders rise 1.1% in March, versus up 0.6% estimate Calculated Risk Blog - 8:51AM ADP: Private Employment increased 156,000 in April Washington Post - 8:50AM How your parents affect your chances of buying a home CNBC - 8:47AM Mortgage applications down 3.4% Calculated Risk Blog - 8:47AM Trade Deficit decreased in March to $40.4 Billion CNBC - 8:47AM US productivity falls in Q1, pay rises Bloomberg - 8:47AM U.S. Bondholders Ignore Brexit Risks Worrying European Investors CNBC - 8:46AM Back to pre-crisis days? Barclays offers 100% mortgages for homebuyers Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% -0.01 15 Yr FRM 2.92% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% +0.00 5/1 Yr ARM 3.00% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 3.82% 0.33 -0.04 15 Yr. Fixed 3.10% 0.37 +0.00 30 Yr. Jumbo 3.74% 0.31 -0.02 30 Yr. FHA 3.66% 0.29 -0.07 5/1 ARM 2.94% 0.20 +0.00 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 +0.07 15 Yr. Fixed 2.89% 0.60 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.86% 0.50 +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 3.0 102.61 0.00 30YR FNMA 3.5 104.84 0.00 30YR GNMA 3.0 103.48 +0.08 30YR GNMA 3.5 105.61 +0.09 15YR FNMA 3.0 104.50 -0.05 15YR FNMA 2.5 102.86 0.00 Treasuries Yield Change 2 YR 0.7421% -0.0119 5 YR 1.2340% -0.0195 10 YR 1.7752% -0.0211 30 YR 2.6329% -0.0233 Prices as of: 5/4/2016 4:31PM 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Prices Surge 6.7 Percent Annually, Rates Fall to 2-Week Lows

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30 Year Fixed 3.64%   -0.02 15 Year Fixed 2.93%   -0.01 10YR Treasury 1.80%   -0.0707 FNMA 30YR 3.5 104.84   +0.17 FNMA 15YR 2.5 104.55   +0.17 View Today's Rates

Tuesday May 3, 2016 Mortgage Rate Watch - 5:01PM Mortgage Rates Fall to 2-Week Lows Mortgage rates moved lower again today as stock markets tumbled. The weakness in stocks was led by the European banking sector with several big names falling roughly 8 percent! Although ... MND NewsWire - 10:43AM March Home Prices Surge 6.7 Percent Year-Over-Year CoreLogic released the first of the major home price estimates for March on Tuesday. The company's Home Price Index (HPI) estimates for both January and February were substantially ... MND NewsWire - 10:38AM SoFi's Capital Raise; A Glance at Millennials; UK Parents Lend More Than Most Banks! Change is all around us. The Wall Street Journal reports that the CFPB plans to bring the largest online lending platforms under its supervision by 2017. In the primary markets LendingClub ... MBS Commentary - 10:02AM MBS Day Ahead: Markets Contemplate Fate Amid Dearth of Domestic Data Bond markets threatened to bounce weaker yesterday concern was that new month tradeflows were just the start of more selling hope was that it was just profit-taking on month-end bets ... Price Increases Muting Interest Rate Affordability Construction Spending Dips but Multi-Family Stays Strong Latest Video Santelli Exchange: 'US weakens, rest of world picks up' Santelli: "It's the roller coaster effect" Bank earnings pressure European markets More News from 'Around the Web' www.realtor.com - 4:23PM Whether They're Selling or Staying, Homeowners Rush to Remodel Bloomberg - 4:23PM Goldman: Don't Count on Janet Yellen to Let the Economy Run Hot The Atlantic - 1:03PM The Economy Is Great. The Economy Is Terrible. Market Watch - 1:02PM Earnings Results: Freddie Mac reports small enough loss to avoid bailout Google News - 10:45AM NAR Survey: Active Military Homebuyers Purchase at Younger Ages, Buy Larger and More Expensive Homes Reuters - 10:07AM Fed's Lockhart: Two rate hikes this year 'certainly possible', flags Brexit risk www.gallup.com - 10:07AM U.S. Economic Confidence Down in April webfeeds.brookings.edu - 8:32AM The dividing line between haves and have-nots in home ownership: Education, not student debt www.corelogic.com - 8:31AM CoreLogic US Home Price Report Shows Home Prices Up 6.7 Percent Year Over Year in March 2016 freddiemac.mwnewsroom.com - 8:29AM Freddie Mac Reports First Quarter 2016 Financial Results Reuters - 8:29AM Bank of America settles mortgage disputes with Federal Home Loan Bank of Seattle Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% -0.02 15 Yr FRM 2.93% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.60% -0.01 5/1 Yr ARM 3.01% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 3.82% 0.33 -0.04 15 Yr. Fixed 3.10% 0.37 +0.00 30 Yr. Jumbo 3.74% 0.31 -0.02 30 Yr. FHA 3.66% 0.29 -0.07 5/1 ARM 2.94% 0.20 +0.00 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 +0.07 15 Yr. Fixed 2.89% 0.60 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.86% 0.50 +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 3.0 102.61 +0.28 30YR FNMA 3.5 104.84 +0.17 30YR GNMA 3.0 103.41 +0.23 30YR GNMA 3.5 105.52 +0.13 15YR FNMA 3.0 104.55 +0.17 15YR FNMA 2.5 102.86 +0.20 Treasuries Yield Change 2 YR 0.7540% -0.0395 5 YR 1.2535% -0.0631 10 YR 1.7963% -0.0707 30 YR 2.6562% -0.0644 Prices as of: 5/3/2016 4:31PM 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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