Daily Newsletter: FHA's Role is Shrinking; Rates Slightly Higher Ahead of GDP; Home Prices Outpacing Inflation

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30 Year Fixed 3.79%   +0.02 15 Year Fixed 3.09%   +0.02 10YR Treasury 2.03%   +0.0678 FNMA 30YR 3.5 104.55   -0.23 FNMA 15YR 2.5 104.50   -0.14 View Today's Rates

Thursday February 26, 2015 MND NewsWire - 12:43PM By Any Measure FHA's Role is Shrinking The Federal Housing Administration (FHA) saw its share of the mortgage market soar to 72 percent of all mortgages issued in 2008 as other lenders pulled back and FHA moved into one ... Mortgage Rate Watch - 6:04PM Mortgage Rates Move Slightly Higher Ahead of GDP Mortgage rates were slightly higher today, undoing the modest gains seen yesterday, but leaving the more significant drop from Tuesday intact. 3.75% remains the most prevalently-quoted ... MND NewsWire - 12:13PM Q4 Home Price Gains Outpace Inflation -FHFA The Federal Housing Finance Agency (FHFA) said today that home prices in the fourth quarter of 2014 were up 1.4 percent compared to the previous quarter and 4.9 percent from the fourth ... Pipeline Press - 12:10PM Mergers, Acquisitions, and Production Shifts; Upcoming Events and Training Here in North Dakota, at -9 degrees this morning, appraising properties is a walk in the park, right? What about for appraisers in the Lake Erie area where there's a land-yacht? And ... MBS MID-DAY: Reprice Risk Mostly Dry as Bonds Cope with Post-Data Weakness MBS Day Ahead: After Standing 8-Count, Will Bonds Come Out Swinging? Latest Video Closing Bell Exchange: Low rates, how long? Santelli: Treasury rates rise Jobless claims up 31,000 to 313,000 More News from 'Around the Web' Bloomberg - 6:36PM Ocwen Seen Losing Mortgage-Servicing Contracts Following Default freddiemac.mwnewsroom.com - 4:47PM Freddie Mac Issues Monthly Volume Summary for January 2015 WSJ - 3:54PM Why Isn't the Fed More Worried About Inflation Expectations? Bloomberg - 3:52PM What to Look for in Friday's GDP Report WSJ - 3:09PM Cleveland Fed's Mester: Fed's Focus is the Economy, Not Politics www.wsj.com - 2:19PM When to Refinance blog.hud.gov - 2:12PM FHA's Middle Class Promise Bloomberg - 2:12PM Major Firms Are Saying the Stage Is Set For Another Crisis In The Bond Market Bloomberg - 11:30AM Most Millennials Can't Do a Single Nice Thing for Someone Else Google News - 10:04AM Three charts that explain the renters next door freddiemac.mwnewsroom.com - 10:03AM Mortgage Rates Rise for Third Consecutive Week NAHB - 10:03AM Developers? Sentiment About Multifamily Market Holds Steady in the Fourth Quarter CNBC - 8:43AM Consumer price index falls 0.7% in January Bloomberg - 8:43AM Orders for U.S. Durable Goods Increased 2.8% in January Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% +0.02 15 Yr FRM 3.09% +0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.78% +0.02 5/1 Yr ARM 3.13% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.93% 0.35 +0.09 15 Yr. Fixed 3.24% 0.35 +0.09 30 Yr. Jumbo 3.92% 0.28 +0.02 30 Yr. FHA 3.73% 0.12 +0.01 5/1 ARM 3.09% 0.47 +0.02 Freddie Mac ** 30 Yr. Fixed 3.80% 0.60 +0.00 15 Yr. Fixed 3.07% 0.60 +0.00 1 Yr. ARM 2.44% 0.40 +0.00 5/1 Yr. ARM 2.99% 0.50 +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 3.0 101.59 -0.34 30YR FNMA 3.5 104.55 -0.23 30YR GNMA 3.0 102.41 -0.28 30YR GNMA 3.5 104.67 -0.16 15YR FNMA 3.0 104.50 -0.14 15YR FNMA 2.5 102.22 -0.23 Treasuries Yield Change 2 YR 0.6540% +0.0475 5 YR 1.5414% +0.0871 10 YR 2.0348% +0.0678 30 YR 2.6302% +0.0627 Prices as of: 2/26/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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