Daily Newsletter: Mortgage Rates Lowest in 2 Weeks Ahead of Fed; Weather Wreaked Havoc on Housing in Feb; RealtyTrac's Millennial-Friendly Markets

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30 Year Fixed 3.85%   -0.02 15 Year Fixed 3.12%   -0.01 10YR Treasury 2.05%   -0.0228 FNMA 30YR 3.5 104.38   +0.05 FNMA 15YR 2.5 104.23   -0.31 View Today's Rates

Tuesday March 17, 2015 Mortgage Rate Watch - 4:59PM Mortgage Rates Lowest in 2 Weeks Ahead of Fed Mortgage rates continue gently lower again today, extending a recent winning streak that's seen improvements on 6 out of the past 7 days. While any winning streak is a welcome sight ... MND NewsWire - 11:21AM Weather Wreaked Havoc on February Starts, Completions Housing starts and completions plummeted nationwide in February, but especially in the Northeast and Midwest where record cold and nearly constant snowstorms took a substantial toll ... MND NewsWire - 10:14AM RealtyTrac Analysis points to Millennial-Friendly Markets It seems counterintuitive, but RealtyTrac said today that persons purchasing homes in the highest priced communities in the US last year made significantly higher down payments on a ... MBS Commentary - 4:56PM MBS RECAP: Pre-FOMC Consolidation and Nothing More What a boring 3 days! The only thing that's happened for bond markets is an utterly mechanical trend back toward Thursday morning's low yields and/or the epic long term inflection point ... MBS MID-DAY: Another Light Day ahead of FOMC; Paradoxical Data Reaction New Products, Lender and Investor Updates MBS Day Ahead: Today is Important Because it's the Last Day Before Tomorrow Latest Video Closing Bell Exchange: Will rates go up? Housing starts debate: Why the numbers plunged Housing starts down 17.0% More News from 'Around the Web' WSJ - 4:26PM 5 Things to Watch in the Feds March Meeting WSJ - 4:22PM Let Building Permits Tell the Tale of February Home Construction Bloomberg - 4:16PM JPMorgan Said to Buy $45 Billion of Servicing Rights From Ocwen - Bloomberg CNBC - 2:57PM Expect a hawkish Yellen: Analysts Calculated Risk Blog - 2:56PM Comments on February Housing Starts DataQuick - 2:50PM February Southland Home Sales Press Release CNBC - 12:17PM Millions of 'underwater' homeowners are trapped Bloomberg - 12:16PM ECB QE Working More Than Expected CNBC - 10:28AM If Fed loses 'patience'-June rate hike? Calculated Risk Blog - 10:00AM CoreLogic: "1.2 Million US Borrowers Regained Equity in 2014, 5.4 Million Properties Remain in Negative Equity" The Big Picture - 10:00AM The Great Global Sovereign Bond Shortage Bloomberg - 9:08AM When Yellen Gets Less Predictable She's Getting Back to Normal Market Watch - 9:07AM The Fed: What's your question for Janet Yellen? CNBC - 8:44AM Housing starts drop in Feb., weather likely factor Fannie Mae - 12:20AM News Release - Fannie Mae Prices $1.06 Billion Multifamily ... Calculated Risk Blog - 12:20AM Sacramento Housing in February: Total Sales up 12% Year-over-year Today's Rates Best Execution Rate Change 30 Yr FRM 3.85% -0.02 15 Yr FRM 3.12% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.73% -0.02 5/1 Yr ARM 3.15% -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 4.01% 0.39 +0.05 15 Yr. Fixed 3.29% 0.30 +0.02 30 Yr. Jumbo 4.02% 0.27 +0.07 30 Yr. FHA 3.80% 0.20 +0.04 5/1 ARM 3.18% 0.40 +0.13 Freddie Mac ** 30 Yr. Fixed 3.86% 0.60 +0.11 15 Yr. Fixed 3.10% 0.60 +0.07 1 Yr. ARM 2.46% 0.40 +0.02 5/1 Yr. ARM 3.01% 0.50 +0.05 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 3.0 101.41 +0.11 30YR FNMA 3.5 104.38 +0.05 30YR GNMA 3.0 102.45 +0.08 30YR GNMA 3.5 104.73 -0.03 15YR FNMA 3.0 104.23 -0.31 15YR FNMA 2.5 101.86 -0.25 Treasuries Yield Change 2 YR 0.6736% +0.0245 5 YR 1.5527% -0.0032 10 YR 2.0524% -0.0228 30 YR 2.6072% -0.0432 Prices as of: 3/17/2015 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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