Daily Newsletter: Fannie's Big Student Loan Changes; at 2 Week Highs; New Home Sales Surge; Prices Not Cooling

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30 Year Fixed 4.11%   +0.03 15 Year Fixed 3.36%   +0.05 10YR Treasury 2.34%   +0.0628 FNMA 30YR 3.5 102.45   -0.34 FNMA 15YR 2.5 102.63   -0.25 View Today's Rates

Tuesday April 25, 2017 Mortgage Rate Watch - 4:21PM Mortgage Rates Highest in 2 Weeks Mortgage rates moved moderately higher again higher today, as global financial markets continued reacting to recent geopolitical flashpoints (like the French election, discussed yesterday ... MND NewsWire - 2:16PM Fannie Moves to Accommodate Student Loan Debt At $1.4 trillion, student loan debt represents the U.S.'s second largest debt market behind mortgages and, in several recent surveys, younger respondents have said those loans are a ... MND NewsWire - 10:33AM New Home Sales Nearly Match Post-Crisis High Sales of newly constructed homes appear to have stopped, at least for the moment, their up-one-month, down-the-next pattern. They rose for the third consecutive month in March, and ... MND NewsWire - 9:26AM Home Price Gains Aren't Cooling Off For the fourth consecutive month, the National Home Price Index from S&P CoreLogic Case-Shiller has set a new price peak, rising 5.8 percent in February. It is now a half percentage ... Training in Sales, Reverse, HMDA, Cust. Satisfaction; Appraisal News - Illinois vs. AMCs? MBS Day Ahead: Fight Continues For Bonds; New "Gap" to Watch Latest Video Trader bets on bond breakdown Canadian lumber tariff hits homebuilders New home sales up 5.8% in March More News from 'Around the Web' CNBC - 3:42PM Republicans float a spending deal without border wall funding, NBC reports CNBC - 2:13PM Janet Yellen's successor at the Fed just might be Gary Cohn Bloomberg - 2:10PM There's a Huge Disagreement Between Bonds and Stocks Calculated Risk Blog - 12:28PM A few Comments on March New Home Sales Market Watch - 11:22AM French election relief could pave way for ECB tapering, but not yet Fannie Mae - 11:20AM New Fannie Mae Changes Address Student Loan Issues Market Watch - 10:38AM 10-year Treasury yield back above 2.3% as investors shun havens CNBC - 10:37AM US homebuilder stocks slide on concern Trump's lumber tariff will raise costs Washington Post - 9:35AM White House 'confident' of averting shutdown as Trump shows flexibility on wall www.gallup.com - 9:29AM Americans' Confidence in Economy Stable, Positive Market Watch - 8:50AM Bernanke warns that a ‘politicized' U.S. economy will create bad policies www.redfin.com - 8:49AM Redfin Housing Demand Index Drops Amid Lower-Than-Expected Buyer Activity in March; Remains Above Three-Year Average Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.03 15 Yr FRM 3.36% +0.05 FHA 30 Year Fixed 3.85% +0.10 Jumbo 30 Year Fixed 4.38% +0.04 5/1 Yr ARM 3.07% +0.00 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 3.97% 0.50 -0.11 15 Yr. Fixed 3.23% 0.50 -0.11 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.10% 0.40 -0.08 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 99.45 -0.47 30YR FNMA 3.5 102.45 -0.34 30YR GNMA 3.0 100.92 -0.56 30YR GNMA 3.5 103.52 -0.33 15YR FNMA 3.0 102.63 -0.25 15YR FNMA 2.5 100.28 -0.28 Treasuries Yield Change 2 YR 1.2787% +0.0494 5 YR 1.8582% +0.0565 10 YR 2.3358% +0.0628 30 YR 2.9895% +0.0630 Prices as of: 4/25/2017 4:57PM 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: Home Prices Hit Post Crisis Peak; Unexpected Impact of Tax Season; French Election Pushes Rates Higher

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30 Year Fixed 4.08%   +0.03 15 Year Fixed 3.31%   +0.02 10YR Treasury 2.27%   +0.0267 FNMA 30YR 3.5 102.80   -0.08 FNMA 15YR 2.5 102.88   -0.05 View Today's Rates

Monday April 24, 2017 MND NewsWire - 10:51AM Home Prices Hit Post Crisis Peak -Black Knight Home prices in February rose at their fastest pace since last June, up 0.8 percent on a month-over-month basis. Black Knight Financial Services said its national-level Home Price Index ... MND NewsWire - 10:04AM The Unexpected Link Between Tax Season and Refinancing Americans could be approaching new levels when it comes to mortgage loan performance. Black Knight Financial Services says, in its "first look" at March data, that mortgage delinquencies ... Mortgage Rate Watch - 5:07PM Mortgage Rates Slightly Higher After French Election Mortgage rates moved moderately higher today, and most of the blame goes to the presidential election in France. If you're wondering what European politics have to do with mortgage ... MBS Commentary - 9:09AM MBS Week Ahead: At Risk of Reentering Old Range, But Not Without a Fight For bond markets, most of 2017 has been dominated by the "post-election range" (or "the 2017 range," if you prefer) consisting of 10yr yields between roughly 2.3 and 2.6%. Fiscal policy ... CFPB and CHOICE Act; Non-Prime Security Update; French Elections Move U.S. Rates Lenders Speed Up Loan Processing -Ellie Mae Latest Video El-Erian: Not all uncertainty in France has been lifted Fmr. ECB president: This is an earthquake in French politics Not in favor of getting rid of Dodd-Frank: Washington Federal CEO More News from 'Around the Web' CNBC - 4:51PM Trump reportedly still wants a 15% corporate tax rate, even if it falls short on revenue Bloomberg - 3:17PM Suddenly Everything's Looking Good in the Euro Area CNBC - 12:29PM Spring housing season is the 'strongest seller's market ever' Calculated Risk Blog - 10:07AM Chicago Fed "Slower Economic Growth in March" CNBC - 9:38AM Trump suddenly finds himself needing the Fed Calculated Risk Blog - 8:16AM Black Knight: House Price Index up 0.8% in February, Up 5.7% year-over-year Bloomberg - 8:16AM Treasuries Slide Across Curve as French Vote Damps Safety Demand www.redfin.com - 8:16AM Movement Out of California Was the Most Influential Driver of U.S. Migration Patterns in Early 2017 Today's Rates Best Execution Rate Change 30 Yr FRM 4.08% +0.03 15 Yr FRM 3.31% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.34% +0.02 5/1 Yr ARM 3.07% +0.03 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 3.97% 0.50 -0.11 15 Yr. Fixed 3.23% 0.50 -0.11 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.10% 0.40 -0.08 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 99.92 -0.11 30YR FNMA 3.5 102.80 -0.08 30YR GNMA 3.0 101.48 0.00 30YR GNMA 3.5 103.84 -0.05 15YR FNMA 3.0 102.88 -0.05 15YR FNMA 2.5 100.56 -0.22 Treasuries Yield Change 2 YR 1.2293% +0.0409 5 YR 1.8017% +0.0314 10 YR 2.2730% +0.0267 30 YR 2.9265% +0.0226 Prices as of: 4/24/2017 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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