Daily Newsletter: Mortgage Rates Lower on Combination of Europe and Treasury Auction; Refinance Applications Continue Slide

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30 Year Fixed 3.87%   -0.04 15 Year Fixed 3.15%   -0.04 10YR Treasury 2.11%   -0.0158 FNMA 30YR 3.5 104.23   -0.19 FNMA 15YR 2.5 104.47   +0.11 View Today's Rates

Wednesday March 11, 2015 Mortgage Rate Watch - 4:30PM Mortgage Rates Lower on Combination of Europe and Treasury Auction Mortgage rates continued lower at a steady pace for most lenders today. The week continues to be slow in terms of domestic events and data, but it has been active in terms of Europe ... MBS Commentary - 1:21PM MBS MID-DAY: Back to Positive Territory After Decent 10yr Auction Today's 10yr auction was pretty good , although it required a bit of weakness leading up to it in order to generate the relatively strong result. The overall level of demand was right ... MND NewsWire - 9:15AM Refinancing Continues Slide; Volume Flat Applications for purchase mortgages picked up a little steam this week even as application volume overall remained flat. The Mortgage Bankers Association said that its Market Composite ... MBS Commentary - 7:34AM MBS Day Ahead: One More Day Without Data; US Bonds Lagging; Technical Struggles The first two days of this week were "nice." They got us back in line with what had been the weakest levels of the year before last Friday. In other words, this week has only been good ... Lots of Vendor Updates; Rates Heading Back to Last Week's Levels Major Changes Coming for Credit Reporting Latest Video Liesman's outlook on interest rates Goldman Sachs COO: Fed in tough spot 'Property Brothers': Hot housing trends More News from 'Around the Web' Reuters - 4:52PM U.S. Fed slashes dividend plans of large Wall Street banks Calculated Risk Blog - 4:52PM Fed Fails Deutsche Bank and Santander Capital Plans, BofA required to Submit New Plan by Q3 Federal Reserve - 4:52PM Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR) freddiemac.mwnewsroom.com - 3:31PM Freddie Mac March 2015 U.S. Economic and Housing Market Outlook Bloomberg - 1:24PM Bond Trading Just Keeps Getting Worse as Treasury Prices Swing CNBC - 12:05PM Could strong dollar force Fed to stall rate hike? Calculated Risk Blog - 11:54AM Real Estate Data Resource for Local Area Sales and Inventory CNBC - 11:54AM Concerned about negative yields: Cohn Market Watch - 10:33AM Fed is already 'little bit too late:' Bullard Reuters - 10:22AM Euro dives under $1.06 for first time since 2003 as Quantitative Easing bites www.cfpbmonitor.com - 10:22AM More CFPB reform bills introduced in House CNBC - 8:49AM Another record low for Bund yields rss.nytimes.com - 8:48AM E.C.B. Bond-Buying Program Is 'Pointing in the Right Direction,' Draghi Says Bloomberg - 8:48AM ECB's Nowotny Says Successful QE to Lift Bond Yields Above Zero CNBC - 12:09AM Fed fear may keep markets turbulent Bloomberg - 12:02AM Euro Racing Toward Record Quarterly Drop on Draghi's Bond Buying Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% -0.04 15 Yr FRM 3.15% -0.04 FHA 30 Year Fixed 3.50% -0.10 Jumbo 30 Year Fixed 3.75% -0.07 5/1 Yr ARM 3.17% -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 3.96% 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 3.0 101.20 -0.13 30YR FNMA 3.5 104.23 -0.19 30YR GNMA 3.0 102.39 0.00 30YR GNMA 3.5 104.66 +0.08 15YR FNMA 3.0 104.47 +0.11 15YR FNMA 2.5 102.05 +0.09 Treasuries Yield Change 2 YR 0.6842% +0.0042 5 YR 1.6016% +0.0001 10 YR 2.1068% -0.0158 30 YR 2.6822% -0.0361 Prices as of: 3/11/2015 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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