Daily Newsletter: Worst Day for Rates in More Than a Year; What's up with Today's Weakness?; Builder Confidence only Mildly Chilled

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30 Year Fixed 3.87%   +0.11 15 Year Fixed 3.14%   +0.09 10YR Treasury 2.15%   +0.1068 FNMA 30YR 3.5 104.05   -0.52 FNMA 15YR 2.5 104.19   -0.58 View Today's Rates

Tuesday February 17, 2015 Mortgage Rate Watch - 4:02PM Worst Day for Rates in More Than a Year Mortgage rates got hit hard today , rising at the fastest day-over-day pace since November 8th 2013. As of today, this also makes February the worst month for rates since May 2013, ... MBS Commentary - 1:45PM MBS MID-DAY: February Now Worst Bounce for Bonds Since 2009; What's up with Today? On days like today, a majority of my time is devoted to staying on top of alerts and analysis for MBS Live . As such, this will be one of the few mid-day articles where I'll leave the ... MND NewsWire - 10:59AM Builder Confidence Still Fairly Solid Despite Catching Cold Bad weather appears to be taking a toll on otherwise solid builder confidence. The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), a measure of builder ... Pipeline Press - 10:16AM State-Level Lending Changes; Video on Mortgage Servicing; Ugly Zombie House Legislation; Compensation Survey Here's the riddle of the day. What is "165"? Answer: it is the number of business days until August 1, when the RESPA-TILA rules go into place . If a lender is relying on vendors to ... MBS Week Ahead: The Annoying Sideways Grind in Bond Markets Will Continue Until... Current Regulations Failing to Address Biggest Foreclosure Driver CFPB Fines 3 Lenders for Implying Government Affiliation Latest Video Santelli: Yields on the move Mortgage rates moving higher Greece is the word: Pro More News from 'Around the Web' WSJ - 5:22PM Strength in January New-Home Sales Bodes Well for Spring Reuters - 5:21PM U.S. identifying people to target for role in mortgage crisis www.cfpbmonitor.com - 5:21PM CFPB takes action on misleading advertisements info.trulia.com - 5:21PM Zillow Completes Acquisition of Trulia for $2.5 Billion in Stock; Forms "Zillow Group" Family of Brands www.realtor.com - 3:22PM Home Automation Comes of Age DataQuick - 3:22PM January Southland Home Sales Press Release WSJ - 3:17PM Snow Weighs on Home-Builder Confidence, But It's No Polar Vortex CNBC - 3:16PM Mortgage crisis investigation deadline CNBC - 1:19PM Greece seeks bailout extension: Report Realtor.Org - 11:48AM Understand the Aug. 1 Changes to HUD-1, Closing Process CNBC - 11:48AM Millennials join house hunt NY Fed - 11:47AM Household Debt Continues Upward Climb While Student Loan Delinquencies Worsen Bloomberg - 10:18AM Greece Is Using Its Emergency Liquidity Allowance Fast CNBC - 10:05AM Builder sentiment chills in Feb.: Down 2 points CNBC - 8:45AM El-Erian: Grexit would not be a major catastrophe www.gallup.com - 8:45AM U.S. Economic Confidence at +3 for Third Straight Week newsroom.bankofamerica.com - 8:43AM BofA Merrill Lynch Fund Manager Survey Finds Investors Exuberantly Bullish on Europe After Promise of ECB Action CNBC - 8:43AM Bond strategist to CNBC: 'Get out of bonds' WSJ - 6:51PM Cleveland Fed President Mester: June Rate Increase Is 'Viable Option' Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% +0.11 15 Yr FRM 3.14% +0.09 FHA 30 Year Fixed 3.50% +0.15 Jumbo 30 Year Fixed 3.85% +0.05 5/1 Yr ARM 3.16% +0.03 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 3.80% 0.29 -0.09 15 Yr. Fixed 3.10% 0.29 -0.06 30 Yr. Jumbo 3.86% 0.23 -0.02 30 Yr. FHA 3.66% 0.15 -0.05 5/1 ARM 2.87% 0.41 -0.07 Freddie Mac ** 30 Yr. Fixed 3.69% 0.60 +0.10 15 Yr. Fixed 2.99% 0.60 +0.07 1 Yr. ARM 2.42% 0.40 +0.03 5/1 Yr. ARM 2.97% 0.50 +0.15 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 3.0 100.92 -0.64 30YR FNMA 3.5 104.05 -0.52 30YR GNMA 3.0 102.08 -0.36 30YR GNMA 3.5 104.48 -0.39 15YR FNMA 3.0 104.19 -0.58 15YR FNMA 2.5 101.83 -0.69 Treasuries Yield Change 2 YR 0.6656% +0.0205 5 YR 1.6126% +0.0815 10 YR 2.1502% +0.1068 30 YR 2.7370% +0.0915 Prices as of: 2/17/2015 4:30PM 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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