Daily Newsletter: Rates Are on a Tear; Mortgage Apps Are Loving it; Loan Size Sets Another Record

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30 Year Fixed 4.03%   -0.05 15 Year Fixed 3.75%   -0.05 10YR Treasury 2.38%   -0.0442 FNMA 30YR 3.5 101.48   +0.05 FNMA 15YR 2.5 100.97   +0.06 View Today's Rates

Wednesday March 27, 2019 Mortgage Rate Watch - 4:29PM Mortgage Rates Are on a Tear Mortgage rates moved lower for the 6th straight day , bringing them very close to the best levels since late 2017. Perhaps more impressive (or telling) is the fact that rates haven ... MND NewsWire - 8:06AM Mortgage Apps are Loving Lower Rates, Loan Sizes Set Another Record The Mortgage Bankers Association (MBA) credited a strong start to the spring buying season for a big gain in mortgage applications during the week ended March 22. However, it appears ... MND NewsWire - 12:08PM Low Volume and Competition Hurt Q4 Mortgage Profits The balance sheet turned red again for mortgage lenders who reported financial data for the fourth quarter to the Mortgage Bankers Association (MBS). On average the independent mortgage ... Pipeline Press - 9:42AM LO Jobs Nationwide; Digital Products; Lenders Changing What Borrowers Access and See Despite finding programs to fit their borrowers being the emphasis for lenders, pricing and margins are a constant discussion topic. For lenders the decline in rates is good news, but ... Freddie Mac Mortgage Portfolio Increased by $200M in February MBS Day Ahead: Looking at The Rally With Science vs Psychology Latest Video Futures Now: 10-year Treasury yields fall Mortgage rates continue to drop Nobel Prize winner Robert Shiller: Housing market 'looking a little bit weaker' More News from 'Around the Web' CNBC - 5:14PM The bond market has been spooked and so the big interest rate slide is likely not over Calculated Risk Blog - 4:19PM Zillow Case-Shiller Forecast: Smaller YoY House Price Gains in February Reuters - 4:18PM S&P 500 slides, bond yields fall on slowdown worries Reuters - 2:14PM Britain's May says she will quit if her Brexit deal passes www.realtor.com - 2:13PM The Eviction Crisis Is Starting to Look a Lot Like the Subprime Mortgage Crisis CNBC - 12:58PM Homebuyers face far fewer bidding wars as the housing market cools off Reuters - 10:59AM UK parliament taking control of Brexit is worrying precedent: minister Reuters - 10:42AM Trump expected to sign memorandum on federal housing finance reform CNBC - 10:16AM Draghi says the ECB stands ready to act and could delay a rate hike again Reuters - 9:31AM World shares slip and bond yields fall, all eyes on central banks Reuters - 8:56AM UK PM May: I can deliver Brexit if lawmakers back my deal this week CNBC - 8:39AM Likely Fed nominee Stephen Moore thinks rates should be cut by half a percentage point Bloomberg - 8:11AM Moore's Call for Fed-Rate Cut Jars With Board's Defense of Pause Bloomberg - 8:08AM Here's Why U.S. Bond Yields Plunged So Much Over the Past Week Today's Rates Best Execution Rate Change 30 Yr FRM 4.03% -0.05 15 Yr FRM 3.75% -0.05 FHA 30 Year Fixed 3.80% -0.08 Jumbo 30 Year Fixed 3.90% -0.08 5/1 Yr ARM 3.95% -0.05 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 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 4.28% 0.40 -0.03 15 Yr. Fixed 3.71% 0.40 -0.05 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 99.80 +0.06 30YR FNMA 3.5 101.48 +0.05 30YR GNMA 3.0 100.77 +0.19 30YR GNMA 3.5 102.28 +0.09 15YR FNMA 3.0 100.97 +0.06 15YR FNMA 2.5 99.50 +0.14 Treasuries Yield Change 2 YR 2.2100% -0.0603 5 YR 2.1697% -0.0386 10 YR 2.3806% -0.0442 30 YR 2.8211% -0.0544 Prices as of: 3/27/2019 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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Daily Newsletter: Prices Fading or Surging? Mortgage Rates: High 3's In Sight

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30 Year Fixed 4.08%   -0.03 15 Year Fixed 3.80%   -0.02 10YR Treasury 2.42%   +0.0194 FNMA 30YR 3.5 101.44   0.00 FNMA 15YR 2.5 100.91   0.00 View Today's Rates

Tuesday March 26, 2019 Mortgage Rate Watch - 4:26PM For Mortgage Rates, "High 3's" In Sight Once Again Mortgage rates took the day to do just a little bit more of what they've been doing in fairly grand fashion for the past week: MOVE LOWER! When the good times started in earnest (after ... MND NewsWire - 11:12AM Home prices Surging or Fading? Depends Whom You Ask The S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA's) Housing Price Index paints two different pictures of the housing market in January . The ... MBS Commentary - 10:09AM MBS Day Ahead: Separating Healthy Bounces From Scary Corrections Quite a few talking heads and analysts referred to last Wednesday's post-Fed rally as 'overdone.' They pointed to Thursday's moderate weakness as evidence that bonds would have a hard ... MND NewsWire - 2:43PM FHA Reinstates Manual Underwriting for Some Riskier Loans FHA is reversing an earlier decision to remove the rule requiring manual underwriting for mortgages with credit scores below 620 and a ratio of debt to income above 43 percent. The ... Housing Starts Retreat from Outstanding January Numbers eMortgage, Loan Trading Products; Comp Survey Findings; Lender Disaster News Latest Video High-end housing market is slower, says chief economist Economist Jeremy Siegel: Fed should think about lowering rates Santelli Exchange: The 10-year's short rate path dependency More News from 'Around the Web' CNBC - 4:55PM 'There's no way' we're headed for recession—five experts on the bond market's warning sign CNBC - 2:15PM Want to sell your home? Hurry up and list it next week CNBC - 12:53PM Goldman says investors are looking at the wrong bond market indicator and recession is less likely Bloomberg - 10:21AM Fed's Rosengren Hangs On to Hiking Bias Despite Rising Risks CNBC - 10:21AM Mohamed El-Erian: Absent a 'policy mistake,' there's no way US will have a recession this year or in 2020 Reuters - 10:18AM Fears of recession keep risk rebound in check CNBC - 9:20AM For millennials, this is the greatest hurdle to homeownership CNBC - 8:37AM US housing starts fall in February on weak single-family homebuilding Reuters - 8:17AM Britons backing away from Brexit, but no safe bets: pollster Bloomberg - 8:04AM Many Rich Fretting About SALT Didn't Get That Tax Break Anyway CNBC - 8:03AM Fed's Rosengren says weak foreign bond yields are hurting US long-term yields Today's Rates Best Execution Rate Change 30 Yr FRM 4.08% -0.03 15 Yr FRM 3.80% -0.02 FHA 30 Year Fixed 3.88% -0.05 Jumbo 30 Year Fixed 3.98% -0.02 5/1 Yr ARM 4.00% +0.00 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 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 4.28% 0.40 -0.03 15 Yr. Fixed 3.71% 0.40 -0.05 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 99.73 -0.05 30YR FNMA 3.5 101.44 0.00 30YR GNMA 3.0 100.58 -0.14 30YR GNMA 3.5 102.19 +0.03 15YR FNMA 3.0 100.91 0.00 15YR FNMA 2.5 99.36 0.00 Treasuries Yield Change 2 YR 2.2703% +0.0204 5 YR 2.2083% +0.0217 10 YR 2.4248% +0.0194 30 YR 2.8755% +0.0093 Prices as of: 3/26/2019 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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