Daily Newsletter: Major Changes Coming for Credit Reports; Rates Continue Recovering; Housing Survey's Major Milestone; Annual Foreclosure Stats Shrink Again

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30 Year Fixed 3.91%   -0.04 15 Year Fixed 3.19%   -0.02 10YR Treasury 2.12%   -0.0655 FNMA 30YR 3.5 104.42   +0.25 FNMA 15YR 2.5 104.36   +0.16 View Today's Rates

Tuesday March 10, 2015 MND NewsWire - 10:24AM Major Changes Coming for Credit Reporting It was hailed by NBC news on Monday as the most radical change to credit reporting in decades and New York Attorney General Eric T. Schneiderman said his agreement with the three major ... Mortgage Rate Watch - 4:04PM Mortgage Rates Continue Recovering From Friday's Rout Mortgage rates moved lower for second day today, with the combined improvements erasing roughly half of the losses seen on Friday. Several lenders managed to reprice to slightly lower ... MND NewsWire - 2:03PM Fannie Housing Survey Logs Major Milestone The percentage of consumers believing the economy is on the right track finally crossed paths with those who say the economy is on the wrong track in the February edition of Fannie ... MND NewsWire - 1:49PM Foreclosures, Delinquencies, Backlogs all Shrink Year-Over-Year Completed foreclosures declined by nearly a quarter over the course of 2014 CoreLogic said today, and the foreclosure inventory has improved even further, down nearly one-third over ... MBS MID-DAY: Bonds Reinvigorated by European Rally Court Ruling on LO Overtime; Mortgage Insurance Comparison; FHA/VA Lender Changes MBS Day Ahead: Searching For Signs of Life in Paralyzed Bond Markets Latest Video Mortgages rate moves impact Is the economy ready for higher interest rates? New US growth forecasts More News from 'Around the Web' Calculated Risk Blog - 4:52PM Phoenix Real Estate in February: Sales Up 9%, Inventory DOWN 8% Year-over-year WSJ - 3:42PM ECB's Cœuré: Bank Will Be Able to Find Bonds to Buy WSJ - 3:39PM Fed's Yellen to Meet With GOP Senator Shelby Tuesday Calculated Risk Blog - 3:34PM FNC: Residential Property Values increased 4.3% year-over-year in January www.cfpbmonitor.com - 1:22PM CFPB releases final arbitration study results WSJ - 1:22PM The Average Student Debt Load in D.C. is a Whopping $40,885 CNN - 1:22PM The dollar is crushing other currencies WSJ - 1:18PM European Markets Watchdog Warns Government Bonds Not a Risk-Free Investment CNBC - 1:15PM Mortgage rate moves buy you a lot Calculated Risk Blog - 12:14PM Las Vegas Real Estate in February: Sales Decline 2.6%, Non-contingent Inventory up 16% YoY Washington Post - 10:58AM D.C. region's housing market is off to an encouraging start CNBC - 10:58AM Wholesale inventories unexpectedly up Calculated Risk Blog - 10:58AM BLS: Jobs Openings at 5.0 million in January, Up 28% Year-over-year Reuters - 10:00AM U.S. small business confidence ticks up in February WSJ - 9:54AM Currency Movements Take On a Bigger Share of Economic News www.telegraph.co.uk - 9:28AM Greece's defence minister threatens to send migrants including jihadists to Western Europe Reuters - 9:27AM Varoufakis unsettles Germans with admission Greece won't repay debts Bloomberg - 8:54AM Fed Favored Inflation Gauge Approaching Target a Boon to Yellen Washington Post - 8:54AM A legacy of the housing bubble that won't go away: home bidding wars Bloomberg - 8:48AM Central Banks Said to Buy Bund Notes With Negative Yield Today's Rates Best Execution Rate Change 30 Yr FRM 3.91% -0.04 15 Yr FRM 3.19% -0.02 FHA 30 Year Fixed 3.60% -0.15 Jumbo 30 Year Fixed 3.82% -0.03 5/1 Yr ARM 3.19% +0.00 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 3.96% 0.30 -0.03 15 Yr. Fixed 3.27% 0.30 -0.01 30 Yr. Jumbo 3.95% 0.27 -0.14 30 Yr. FHA 3.76% 0.21 -0.06 5/1 ARM 3.05% 0.50 -0.23 Freddie Mac ** 30 Yr. Fixed 3.75% 0.60 -0.05 15 Yr. Fixed 3.03% 0.60 -0.04 1 Yr. ARM 2.44% 0.40 +0.00 5/1 Yr. ARM 2.96% 0.50 -0.03 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 3.0 101.33 +0.44 30YR FNMA 3.5 104.42 +0.25 30YR GNMA 3.0 102.39 +0.34 30YR GNMA 3.5 104.58 +0.16 15YR FNMA 3.0 104.36 +0.16 15YR FNMA 2.5 101.95 +0.16 Treasuries Yield Change 2 YR 0.6800% -0.0157 5 YR 1.6015% -0.0462 10 YR 2.1226% -0.0655 30 YR 2.7183% -0.0741 Prices as of: 3/10/2015 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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