Daily Newsletter: Worst Day For Mortgage Rates/Bonds in Over 3 Years; Applications Reflect Headwinds

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30 Year Fixed 3.75%   +0.13 15 Year Fixed 3.05%   +0.13 10YR Treasury 2.07%   +0.3166 FNMA 30YR 3.5 104.28   -0.63 FNMA 15YR 2.5 104.27   -0.42 View Today's Rates

Wednesday November 9, 2016 Mortgage Rate Watch - 4:38PM Worst Day For Mortgage Rates in Over 3 Years Mortgage Rates skyrocketed today, relative to their average range of movement. It was the single biggest move higher since the days of the taper tantrum in mid-2013. Virtually all lenders ... Pipeline Press - 10:56AM PHH to Exit Private Label; Disaster News; Marijuana and Mortgages; Oh, And The Election Friday is a day to honor veterans. Different people do that in different ways, and one way is for a restaurant chain to offer a free meal to those who served their country. Pass this ... MND NewsWire - 10:22AM Mortgage Apps Increasingly Reflect Headwinds The Mortgage Bankers Association (MBA) says that its seasonally adjusted Market Composite Index, a measure of mortgage application volume, decreased 1.2 percent during the week ending ... MBS Commentary - 5:37PM MBS RECAP: Has Anyone Not Already Heard That Bonds Got Killed Today? These are the sorts of things I think about sometimes when I'm coming up with a title for the recap. If you have enough of a stake in bond market movement that you find yourself reading ... MBS Day Ahead: Decoding Market Reaction to Election Night and Beyond Five States Still Account For One Third of All Foreclosures Latest Video Treasury yields spike Bonds die, dollar rallies under Trump: Boris Schlossberg El-Erian: Here's why markets bounced back More News from 'Around the Web' www.realtor.com - 5:24PM How President-Elect Trump Will Change the U.S. Housing Market Market Watch - 5:24PM Trump won't seek Yellen's resignation: adviser corporate.phh.com - 5:24PM PHH Corporation Comments on Settlement with New York State Department of Financial Services Market Watch - 2:15PM Market Extra: Treasury ETFs tumble: longer-dated fund has worst day since 2013 Reuters - 12:33PM Fed to proceed with December U.S. rate rise despite Trump upset: Reuters poll Reuters - 12:30PM Nowhere to run? Trump shock raises doubts over investor havens CNBC - 10:08AM Mohamed El-Erian: Here's why the markets came back up CNBC - 10:04AM Paulsen: Reality is we have an independent in the White House with Republican Congress Reuters - 9:59AM Trump advisors vow economic growth under Trump administration Market Watch - 9:57AM Financial stocks bounce into positive territory to buck broad market selloff CNBC - 9:57AM It's all about the election for US bond investors as Trump wins race Today's Rates Best Execution Rate Change 30 Yr FRM 3.75% +0.13 15 Yr FRM 3.05% +0.13 FHA 30 Year Fixed 3.55% +0.15 Jumbo 30 Year Fixed 3.92% +0.14 5/1 Yr ARM 2.90% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.05% 1.21 -0.03 30 Yr. Fixed 3.74% 1.37 -0.06 MBA ** 30 Yr. Fixed 3.66% 0.33 -0.04 15 Yr. Fixed 2.95% 0.38 -0.04 30 Yr. Jumbo 3.64% 0.28 -0.05 30 Yr. FHA 3.52% 0.21 -0.04 5/1 ARM 2.92% 0.40 -0.07 Freddie Mac ** 30 Yr. Fixed 3.54% 0.50 +0.07 15 Yr. Fixed 2.84% 0.50 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.40 +0.03 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 3.0 101.80 -1.00 30YR FNMA 3.5 104.28 -0.63 30YR GNMA 3.0 102.97 -1.00 30YR GNMA 3.5 105.56 -0.42 15YR FNMA 3.0 104.27 -0.42 15YR FNMA 2.5 102.25 -0.61 Treasuries Yield Change 2 YR 0.9062% +0.0523 5 YR 1.4839% +0.1558 10 YR 2.0717% +0.3166 30 YR 2.8635% +0.2447 Prices as of: 11/9/2016 4:32PM 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: Election Pushes Rates to New 5-Month Highs; 5 States Have a Third of All Foreclosures

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30 Year Fixed 3.62%   +0.03 15 Year Fixed 2.92%   +0.02 10YR Treasury 1.86%   +0.0322 FNMA 30YR 3.5 104.91   -0.13 FNMA 15YR 2.5 104.69   -0.06 View Today's Rates

Tuesday November 8, 2016 Mortgage Rate Watch - 3:46PM Election Pushes Rates to New 5-Month Highs Mortgage Rates rose today as early presidential polls showed Clinton leading in several battleground states. At least when it comes to the most immediate future, rates have done better ... MND NewsWire - 10:02AM Five States Still Account For One Third of All Foreclosures The foreclosure inventory was down nearly one-third in September when compared to a year earlier although the pace of completed foreclosures remained relatively steady. According to ... Pipeline Press - 9:53AM Changes in Credit and its Impact on First-Time Home Buyers; Vendor News “It ain’t rocket surgery.” Trulia has a good piece out on the advantages of buying versus renting . Buying a home is 37% cheaper than renting nationally. Naturally ... MBS Commentary - 9:22AM MBS Day Ahead: Bonds Ready to Recommit Depending on Election This week's absence of relevant economic data seems to be by design. Markets may have chosen to focus on the election even if there had been important data, but this way, we don't have ... Income Concerns Hurting Housing Sentiment -Fannie Mae Time to Talk About Raising Conforming Loan Limit Latest Video Futures Now, November 8, 2016 Cashin: Looks like it's going to be a pretty hefty turnout Markets cautious on Election Day More News from 'Around the Web' CNBC - 3:12PM The biggest Election Day for day traders — it's tomorrow Calculated Risk Blog - 3:10PM Las Vegas Real Estate in October: Sales up 5.5% YoY, Inventory down Sharply CNBC - 12:54PM 'This saga may not end tomorrow': How a contested election may spell more pain for markets eyeonhousing.org - 11:36AM Construction Job Openings Continue to Rise CNBC - 10:36AM Number of job openings littled changed in September at 5.5 million Reuters - 10:11AM Fed's Evans says not yet confident U.S. inflation headed higher Bloomberg - 10:10AM What Happens When Wall Street Pulls Back From Bond Markets www.npr.org - 8:12AM Supreme Court Revisits 2008's Housing Collapse With Banking Test Cases www.corelogic.com - 8:12AM CoreLogic Reports 36,000 Completed Foreclosures in September 2016 CNBC - 8:12AM US Treasurys edge higher as Election Day arrives Today's Rates Best Execution Rate Change 30 Yr FRM 3.62% +0.03 15 Yr FRM 2.92% +0.02 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.78% +0.03 5/1 Yr ARM 2.92% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.05% 1.21 -0.03 30 Yr. Fixed 3.74% 1.37 -0.06 MBA ** 30 Yr. Fixed 3.66% 0.33 -0.04 15 Yr. Fixed 2.95% 0.38 -0.04 30 Yr. Jumbo 3.64% 0.28 -0.05 30 Yr. FHA 3.52% 0.21 -0.04 5/1 ARM 2.92% 0.40 -0.07 Freddie Mac ** 30 Yr. Fixed 3.54% 0.50 +0.07 15 Yr. Fixed 2.84% 0.50 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.40 +0.03 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 3.0 102.80 -0.16 30YR FNMA 3.5 104.91 -0.13 30YR GNMA 3.0 103.97 -0.13 30YR GNMA 3.5 105.98 -0.08 15YR FNMA 3.0 104.69 -0.06 15YR FNMA 2.5 102.86 -0.11 Treasuries Yield Change 2 YR 0.8539% +0.0361 5 YR 1.3281% +0.0407 10 YR 1.8583% +0.0322 30 YR 2.6188% +0.0183 Prices as of: 11/8/2016 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: Time to Talk Loan Limits; Homeowners Throwing Away Retirement; Income Fears Hurt Housing; Rates Wait on Election

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30 Year Fixed 3.59%   +0.00 15 Year Fixed 2.90%   +0.00 10YR Treasury 1.83%   +0.0481 FNMA 30YR 3.5 105.03   -0.05 FNMA 15YR 2.5 104.75   -0.02 View Today's Rates

Monday November 7, 2016 MND NewsWire - 11:55AM Time to Talk About Raising Conforming Loan Limit A change in conforming loan limits could have a big impact on mortgage originations and on homebuying in general according to Black Knight Financial Services. The company did an analysis ... MND NewsWire - 11:45AM Are Homeowners Throwing Away the Key to Retirement Security? How much does the roof over your head, today help ensure you will still have one in retirement? That is the question the Urban Institute (UI) is trying to answer in a new study of Home ... MND NewsWire - 1:23PM Income Concerns Hurting Housing Sentiment -Fannie Mae Fannie Mae's Home Purchase Sentiment Index® (HPSI) suffered its third decline in as many months in October. The Index, based on responses to six key questions in the company's monthly ... Mortgage Rate Watch - 4:55PM Mortgage Rates Avoiding Commitment As Uncertainty Runs High Mortgage Rates were unchanged today despite a fair amount of weakness in the bond market. Rates typically rise when bonds weaken. The absence of volatility is partly due to the fact ... LO Tools; Training on MSAs, Tax Returns, CRA; Earnings Announcements Continue MBS Day Ahead: Empty Calendar and Holiday Leave Focus on Election Latest Video CNBC Fed Survey: 82% say Trump would not reappoint Yellen Santelli Exchange: Automation vs. humans FBI clears Clinton in email review More News from 'Around the Web' Calculated Risk Blog - 4:33PM Fed Letter: "Has the Fed Fallen behind the Curve This Year?" CNBC - 4:33PM What voters are saying in this Florida city crushed by foreclosures Bloomberg - 1:08PM Greenspan Sees Bond Yields Climbing as High as 5 Percent Again Fannie Mae - 10:57AM Consumer Pessimism On Display as Home Purchase Sentiment Index Drops Again www.bkfs.com - 10:57AM Black Knight's September Mortgage Monitor: 'Balancing Act' of Low Rates, Rising Home Prices is Keeping Affordability Stable for Now CNBC - 8:27AM James Comey: FBI has 'not changed its conclusions' Clinton's email server since July decision CNBC - 8:26AM World markets soar on FBI's end of Clinton email review Calculated Risk Blog - 8:26AM NAHB: Builder Confidence increases for the 55+ Housing Market in Q3 Today's Rates Best Execution Rate Change 30 Yr FRM 3.59% +0.00 15 Yr FRM 2.90% +0.00 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.75% +0.00 5/1 Yr ARM 2.90% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.05% 1.21 -0.03 30 Yr. Fixed 3.74% 1.37 -0.06 MBA ** 30 Yr. Fixed 3.66% 0.33 -0.04 15 Yr. Fixed 2.95% 0.38 -0.04 30 Yr. Jumbo 3.64% 0.28 -0.05 30 Yr. FHA 3.52% 0.21 -0.04 5/1 ARM 2.92% 0.40 -0.07 Freddie Mac ** 30 Yr. Fixed 3.54% 0.50 +0.07 15 Yr. Fixed 2.84% 0.50 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.40 +0.03 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 3.0 102.95 -0.13 30YR FNMA 3.5 105.03 -0.05 30YR GNMA 3.0 104.09 -0.02 30YR GNMA 3.5 106.06 -0.03 15YR FNMA 3.0 104.75 -0.02 15YR FNMA 2.5 102.97 -0.05 Treasuries Yield Change 2 YR 0.8178% +0.0280 5 YR 1.2874% +0.0504 10 YR 1.8261% +0.0481 30 YR 2.6005% +0.0379 Prices as of: 11/7/2016 4:32PM 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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