Daily Newsletter: How New Home Sales (Almost) Got Their Groove Back; Prices Should Continue

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30 Year Fixed 4.53%   -0.03 15 Year Fixed 4.10%   -0.03 10YR Treasury 2.72%   -0.0054 FNMA 30YR 3.5 100.05   +0.13 FNMA 15YR 2.5 99.78   +0.06 View Today's Rates

Tuesday March 5, 2019 MND NewsWire - 10:45AM How New Home Sales (Almost) Got Their Groove Back Analysts were not expecting new home sales in December to outpace the strong and surprising gains they made in November, when they jumped 16.9 percent. They managed to be both right ... MND NewsWire - 11:51AM CoreLogic Price Gains Moderating, But Expected to Increase This Year It is our first glance at home prices in the new year and CoreLogic estimates the rate of appreciation has fallen by more than 2 percentage points since January 2018. However, the company ... Mortgage Rate Watch - 4:55PM Mortgage Rates Improved Today After a pretty rough conclusion last week, yesterday's stability was a welcome change for mortgage rates at the start of the new week. Today made things slightly better as the average ... MBS Commentary - 9:10AM MBS Day Ahead: Week's First Significant Economic Data as Bonds Build Ceiling It may seem a bit counter-intuitive to be talking up economic data in light of last week's bond sell-off. Friday saw weaker-than-expected consumer spending and sentiment as well as ... Recruiting, Broker, Lead-Gen Products; Women's Advice for Those New to the Industry; Capital Markets December's Construction Spending Up From Last Year Latest Video Larry Summers: Modern Monetary Theory is a recipe for a disaster December new home sales rise to 7-month high How a global growth slowdown could affect the market More News from 'Around the Web' Bloomberg - 4:05PM Recessions Are Getting Tougher to Predict Reuters - 4:04PM For Fed, few reasons to end 'patient' stance on rates Bloomberg - 2:56PM Fed's Rosengren Suggests Rate Pause May Last 'Several Meetings' - Bloomberg Calculated Risk Blog - 11:14AM ISM Non-Manufacturing Index increased to 59.7% in February Bloomberg - 10:47AM Cheaper Housing Options Boost Homeownership in Some U.S. Metros CNBC - 10:19AM New home sales rise to 7-month high in December Calculated Risk Blog - 9:26AM CoreLogic: House Prices up 4.4% Year-over-year in January Reuters - 8:06AM China can 'absolutely' reach agreement with U.S. on financial opening, banking regulatory chief says CNBC - 8:03AM Fed may need time to have clarity on US economy: Rosengren Today's Rates Best Execution Rate Change 30 Yr FRM 4.53% -0.03 15 Yr FRM 4.10% -0.03 FHA 30 Year Fixed 4.18% -0.04 Jumbo 30 Year Fixed 4.35% -0.02 5/1 Yr ARM 4.39% -0.06 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 4.65% 0.42 -0.01 15 Yr. Fixed 4.00% 0.38 -0.04 30 Yr. Jumbo 4.40% 0.29 -0.16 30 Yr. FHA 4.64% 0.48 -0.04 5/1 ARM 3.95% 0.40 -0.05 Freddie Mac ** 30 Yr. Fixed 4.35% 0.50 +0.00 15 Yr. Fixed 3.77% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.84% 0.30 +0.00 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 97.69 +0.11 30YR FNMA 3.5 100.05 +0.13 30YR GNMA 3.0 98.73 +0.08 30YR GNMA 3.5 100.88 +0.08 15YR FNMA 3.0 99.78 +0.06 15YR FNMA 2.5 98.02 +0.03 Treasuries Yield Change 2 YR 2.5466% +0.0041 5 YR 2.5293% +0.0000 10 YR 2.7187% -0.0054 30 YR 3.0826% -0.0114 Prices as of: 3/5/2019 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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Daily Newsletter: December's Construction Spending Up From Last Year Despite Monthly Slide; Rates Score Victory by Holding Flat

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30 Year Fixed 4.56%   -0.01 15 Year Fixed 4.13%   -0.01 10YR Treasury 2.73%   -0.0326 FNMA 30YR 3.5 99.91   +0.09 FNMA 15YR 2.5 99.70   +0.03 View Today's Rates

Monday March 4, 2019 MND NewsWire - 11:43AM December's Construction Spending Up From Last Year The Census Bureau, still playing catch-up from the partial government shutdown , has released its monthly construction spending report for December 2018. Expenditures for all types ... Mortgage Rate Watch - 3:40PM Mortgage Rates Remain Steady, But That's a Victory Today Mortgage rates finally caught their breath today after rising quickly in the second half of last week. Specifically, the average lender managed to avoid getting any worse. Considering ... Pipeline Press - 9:38AM LO Jobs; Combo, Underwriting Products; Vendor Developments As the nation watches the terrible tornado-related events and casualties in Alabama, and sympathizes with those impacted, the rebuilding has already commenced. Constructing or repairing ... MBS Commentary - 9:22AM MBS Week Ahead: Best Case Scenario: The Range Just Got Wider 2019 had been (and perhaps continues to be) dominated by an increasingly narrow range. To appreciate just how narrow things have been, consider the month of February had the tightest ... MBS RECAP: Pain Trade Continues Despite Weaker Econ Data CFO and LO Jobs; Correspondent News Around the Industry; Vendor Name Change Latest Video Possible US-China trade deal already fully priced into market: Pro Pisani: Fed patience, China trade optimism moving markets President Trump lashes out at Fed Chair Powell in CPAC speech Today's Rates Best Execution Rate Change 30 Yr FRM 4.56% -0.01 15 Yr FRM 4.13% -0.01 FHA 30 Year Fixed 4.22% +0.00 Jumbo 30 Year Fixed 4.37% +0.00 5/1 Yr ARM 4.45% +0.01 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 4.65% 0.42 -0.01 15 Yr. Fixed 4.00% 0.38 -0.04 30 Yr. Jumbo 4.40% 0.29 -0.16 30 Yr. FHA 4.64% 0.48 -0.04 5/1 ARM 3.95% 0.40 -0.05 Freddie Mac ** 30 Yr. Fixed 4.35% 0.50 +0.00 15 Yr. Fixed 3.77% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.84% 0.30 +0.00 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 97.56 +0.13 30YR FNMA 3.5 99.91 +0.09 30YR GNMA 3.0 98.66 +0.08 30YR GNMA 3.5 100.80 +0.11 15YR FNMA 3.0 99.70 +0.03 15YR FNMA 2.5 97.97 +0.06 Treasuries Yield Change 2 YR 2.5425% -0.0142 5 YR 2.5293% -0.0319 10 YR 2.7259% -0.0326 30 YR 3.0940% -0.0335 Prices as of: 3/4/2019 4:18PM 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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Daily Newsletter: Bond Breakout Gets Serious; Rates Highest in a Month, But Still Lower in Big Picture

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30 Year Fixed 4.57%   +0.04 15 Year Fixed 4.14%   +0.04 10YR Treasury 2.76%   +0.0417 FNMA 30YR 3.5 99.81   -0.19 FNMA 15YR 2.5 99.67   -0.13 View Today's Rates

Friday March 1, 2019 MBS Commentary - 9:26AM MBS Day Ahead: Range Breakout Quickly Getting Serious The long-standing consolidation range in 10yr Treasury yields finally came under serious attack yesterday, with a big breakout to the upside. Any time these sorts of trendlines are ... Mortgage Rate Watch - 4:15PM Mortgage Rates Highest in More Than a Month Mortgage rates surged again today as the underlying bond market continued to capitulate to selling pressure. Let's talk about what that means in plain English! Capitulation in financial ... MND NewsWire - 10:06AM Low Rates, Slower Price Gains Point to Home Sales Bounce Freddie Mac's economists see low interest rates continuing, at least through the end of next year . The company's Economic and Strategic Research Group's February Forecast, released ... MBS Commentary - 5:04PM MBS RECAP: Pain Trade Continues Despite Weaker Econ Data Heading into today, if you were hoping to see rates move lower, it would have made sense to hope for economic data to come in weaker than expected. There is one scenario , however, ... CFO and LO Jobs; Correspondent News Around the Industry; Vendor Name Change Homeownership is Highest Since 2014 Latest Video Home sales are down due to low inventory, says Douglas Elliman CEO Consumer spending tumbled 0.5% in December. Watch three experts break it down A lot of indicators that global growth is slowing, says senior economist More News from 'Around the Web' www.redfin.com - 4:07PM How to Sell Your House in 2019 CNBC - 4:07PM Atlanta Fed's closely watched GDP tracker shows next to no growth for first quarter webfeeds.brookings.edu - 4:06PM Oregon's new rent control law is only a band-aid on the state's housing woes CNBC - 3:19PM The week ahead: Jobs report needs to silence rising worries about the economy www.realtor.com - 2:39PM The No. 1 Thing Millennials Hate About Their Home Is Not What You'd Expect www.realtor.com - 1:16PM States With the Highest/Lowest Mortgage Rates CNBC - 12:50PM TREASURIES-Trade deal hopes lift yields; market shrugs off delayed U.S. data Calculated Risk Blog - 12:24PM Q1 GDP Forecasts: Starting Low Calculated Risk Blog - 10:27AM ISM Manufacturing index Decreased to 54.2 in February Bloomberg - 9:42AM Republicans Are Shopping for a New Monetary Policy eyeonhousing.org - 9:11AM Home Price Growth Slows in December Calculated Risk Blog - 8:49AM Personal Income decreased 0.1% in January, increased 1.0% in December Bloomberg - 8:06AM How Theresa May Still Might Pull It Off: This Is the New Brexit Math Reuters - 8:06AM Euro zone's triple-A bond drought persists after ECB steps away Bloomberg - 8:03AM Fed's Powell Sticks With Message of `Patient' Approach on Rates Today's Rates Best Execution Rate Change 30 Yr FRM 4.57% +0.04 15 Yr FRM 4.14% +0.04 FHA 30 Year Fixed 4.22% +0.04 Jumbo 30 Year Fixed 4.37% +0.02 5/1 Yr ARM 4.44% +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 4.65% 0.42 -0.01 15 Yr. Fixed 4.00% 0.38 -0.04 30 Yr. Jumbo 4.40% 0.29 -0.16 30 Yr. FHA 4.64% 0.48 -0.04 5/1 ARM 3.95% 0.40 -0.05 Freddie Mac ** 30 Yr. Fixed 4.35% 0.50 +0.00 15 Yr. Fixed 3.77% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.84% 0.30 +0.00 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 97.44 -0.23 30YR FNMA 3.5 99.81 -0.19 30YR GNMA 3.0 98.58 -0.17 30YR GNMA 3.5 100.69 -0.19 15YR FNMA 3.0 99.67 -0.13 15YR FNMA 2.5 97.91 -0.14 Treasuries Yield Change 2 YR 2.5567% +0.0385 5 YR 2.5612% +0.0456 10 YR 2.7585% +0.0417 30 YR 3.1275% +0.0457 Prices as of: 3/1/2019 5:06PM 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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