Daily Newsletter: Market Shifts May Promote Mortgage Fraud; Rates and Volatility Higher This Week; Caliber Deal

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30 Year Fixed 4.24%   +0.01 15 Year Fixed 3.44%   +0.01 10YR Treasury 2.48%   +0.0235 FNMA 30YR 3.5 101.81   -0.17 FNMA 15YR 2.5 102.34   -0.16 View Today's Rates

Thursday March 2, 2017 MND NewsWire - 5:29PM Market Shifts May Lead to More Mortgage Fraud The shifting of the mortgage market toward more purchases as well as declining origination volumes are expected to boost the incidence of mortgage fraud in 2017 according to CoreLogic ... Mortgage Rate Watch - 4:14PM Rates and Potential Volatility Are Much Higher Than Last Week Mortgage rates were only modestly higher today, extending the recent losing streak to its 4th straight day. This keeps the average conventional 30yr fixed at 4.25% for top tier scenarios ... Pipeline Press - 9:31AM Another Caliber Deal; In M&A What Makes a Good Lender Makes a Good Seller Here’s a public service announcement for folks in Detroit: check to see if you should boil your water before you drink it . Apparently drinking water problems are not confined ... MBS Commentary - 5:25PM MBS RECAP: Everyone Sells Everything to Buy Snapchat (Not Really) You couldn't swing a dead cat without hitting a news story about the Snapchat IPO or a friend/colleague asking if you were going to buy some. While it's tempting to explain lower stock ... MBS Day Ahead: Calm Calendar Ahead of Friday's Fed Speeches What New Homeowners Regret The Most Latest Video Fed governor Powell: March rate hike is on the table Cordray insists he can reach common ground with Pres. Trump Cordray on businesses: 'I assume good motives' More News from 'Around the Web' CNBC - 3:51PM CNBC Exclusive: CNBC Excerpts: Federal Reserve Governor Jerome Powell Speaks with CNBC's Steve Liesman on "Squawk on the Street" www.nasdaq.com - 2:36PM Fed - Brainard comments more important, forget Yellen/Fischer www.realtor.com - 2:08PM Ben Carson Is the New Head of HUD—and Why You Should Care Bloomberg - 11:22AM BlackRock's Hegarty Says March Fed Hike Is 'Warranted' - Bloomberg Video CNBC - 11:22AM US Senate approves Ben Carson for housing secretary post Calculated Risk Blog - 11:22AM Merrill on Possible March Fed Hike freddiemac.mwnewsroom.com - 11:21AM Mortgage Rates Break Holding Pattern, Move Lower CNBC - 9:05AM US jobless claims fall to 44-year-low as labor market tightens www.builderonline.com - 8:27AM 3 Homeowner Tax Breaks That Ended in 2016 www.corelogic.com - 8:24AM CoreLogic Integrate Property Tax Estimator With the Ellie Mae Encompass All-In-One Mortgage Management Solution CNBC - 8:24AM US 2-year bond yield hits multi-year high on hawkish Fed Calculated Risk Blog - 8:24AM Duy: On the Fed, Possible March Rate Hike, and Dudley Today's Rates Best Execution Rate Change 30 Yr FRM 4.24% +0.01 15 Yr FRM 3.44% +0.01 FHA 30 Year Fixed 3.85% +0.10 Jumbo 30 Year Fixed 4.38% +0.02 5/1 Yr ARM 3.09% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.10% 0.50 -0.06 15 Yr. Fixed 3.32% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.14% 0.40 -0.02 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 98.56 -0.16 30YR FNMA 3.5 101.81 -0.17 30YR GNMA 3.0 100.44 -0.03 30YR GNMA 3.5 103.23 -0.14 15YR FNMA 3.0 102.34 -0.16 15YR FNMA 2.5 99.75 -0.13 Treasuries Yield Change 2 YR 1.3124% +0.0242 5 YR 2.0188% +0.0266 10 YR 2.4815% +0.0235 30 YR 3.0753% +0.0129 Prices as of: 3/2/2017 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: New Owners' Top Regrets; Rate Spike Driven by Fed, Not Trump; Inflation Baked In?

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30 Year Fixed 4.23%   +0.07 15 Year Fixed 3.43%   +0.07 10YR Treasury 2.46%   +0.0609 FNMA 30YR 3.5 101.97   -0.28 FNMA 15YR 2.5 102.50   0.00 View Today's Rates

Wednesday March 1, 2017 MND NewsWire - 9:57AM What New Homeowners Regret The Most Some homeowners aren't breaking out the champagne after they've closed on their new home purchase. Nearly half of the homeowners in a recent NerdWallet survey said that they would take ... Mortgage Rate Watch - 3:45PM Mortgage Rates Rise After Trump Speech, But Not Necessarily Because of It Mortgage rates moved sharply higher today, bringing the average top tier 30yr fixed quote back to 4.25% from 4.125% previously. That doesn't exactly mean that rates are .125%, depending ... MND NewsWire - 9:37AM Freddie Mac: Inflation and Rate Hikes Likely Already Baked-In Freddie Mac's Insight forecast for February looks at reports that consumer price inflation is rising, and the ensuing debate over "whether or not we are shifting from a world of low ... MND NewsWire - 11:03AM Residential Construction Spending Remains Flat Construction spending had been expected to recover from the 0.2 percent loss it suffered in December. Analysts polled by Econoday were looking for an increase of 0.2 to 0.8 percent ... Lender Disaster Updates; Investor SRP and LLPA Changes MBS Day Ahead: Weakness Extends Overnight, But Trump Isn't The Issue Latest Video Odds are in the favor of an interest rate hike. Futures Now: Bonds on the rise Mortgage apps up 5.8% from previous week More News from 'Around the Web' The Atlantic - 4:23PM The Best Business Reads of February Reuters - 3:05PM More Wells Fargo customers may be affected by sales scandal: filing eyeonhousing.org - 3:05PM Pace of Residential Construction Spending Continues Positive Trend CNBC - 3:05PM These luxury markets saw the biggest hikes in real estate prices Bloomberg - 12:22PM Bond Manager With $14 Billion Loads Up to Guard Against Frexit Calculated Risk Blog - 11:00AM ISM Manufacturing index increased to 57.7 in February CNBC - 10:59AM US construction falls in January as drop in public outlays offset gains CNBC - 9:43AM A March surprise: Interest rate hike now a near-cinch CNBC - 9:43AM Here's what new homeowners regret the most about the buying process Reuters - 9:42AM U.S. consumer spending slows; inflation pushes higher Today's Rates Best Execution Rate Change 30 Yr FRM 4.23% +0.07 15 Yr FRM 3.43% +0.07 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.36% +0.07 5/1 Yr ARM 3.07% +0.04 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.16% 0.50 +0.01 15 Yr. Fixed 3.37% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.16% 0.40 -0.02 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 98.70 -0.36 30YR FNMA 3.5 101.97 -0.28 30YR GNMA 3.0 100.47 -0.33 30YR GNMA 3.5 103.36 -0.31 15YR FNMA 3.0 102.50 0.00 15YR FNMA 2.5 99.88 -0.14 Treasuries Yield Change 2 YR 1.2882% +0.0242 5 YR 1.9922% +0.0546 10 YR 2.4580% +0.0609 30 YR 3.0608% +0.0632 Prices as of: 3/1/2017 4:43PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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