Daily Newsletter: Repeat Foreclosures More Than Half of Total; Over 1 in 3 Sales Still All-Cash; Rates Recover Only Slightly

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30 Year Fixed 3.95%   -0.02 15 Year Fixed 3.21%   -0.04 10YR Treasury 2.19%   -0.0586 FNMA 30YR 3.5 104.17   +0.25 FNMA 15YR 2.5 104.20   +0.05 View Today's Rates

Monday March 9, 2015 MND NewsWire - 1:23PM Repeat Foreclosures Now Account for More Than Half of Total Black Knight Financial Service's current Mortgage Monitor Report takes an in-depth look at home affordability and foreclosure metrics, both based on January 2015 data. The company says ... MND NewsWire - 1:09PM More than 1 in 3 Home Sales All-Cash; Declining Slowly The share of all cash sales continue to fall in December along with the volume of distressed property sales. CoreLogic said on Monday that 35.5 percent of total home sales in December ... Mortgage Rate Watch - 4:32PM Mortgage Rates Recover Tiny Portion of Friday's Losses Mortgage rates managed to recover only some of Friday's heavy losses. The most prevalent conventional 30yr rate for top tier scenarios remains at its new perch of 4.0%, though a few ... MBS Commentary - 12:59PM MBS MID-DAY: Super Quiet Day in US Bond Markets; Europe, Not so Much It's hard to know where to start discussing today's market activity, largely because today's market activity never really started . Ever since topping our on Friday afternoon, yields ... Deferred Debt Payment Calculation; Collateral Underwriter; Oil Impacting Commercial Real Estate MBS Week Ahead: Not Much Data For Traders to Hide Behind Latest Video When will Fed raise rates? June: Pro Credit error changes LendingTree up 50% in past year More News from 'Around the Web' WSJ - 4:59PM Mester: Fed Open To Raising Rates In First Half Of Year CNBC - 2:48PM Big changes are coming to your credit reports WSJ - 2:45PM Former GAO Officials Disagree with 'Audit the Fed' Opponents National Housing Conference - 2:44PM CFPB Director Richard Cordray testifies before the House Financial Services Committee www.frbsf.org - 2:44PM The View from Here: Outlook and Monetary Policy WSJ - 12:15PM N.Y. Fed: Consumers' View of Inflation Weakened in February CNBC - 12:14PM Housing's new worry: Repeat foreclosures return Market Watch - 12:14PM Bond Report: U.S. Treasury yields fall as ECB initiates QE www.cfpbmonitor.com - 12:14PM Director Cordray appears before House Financial Services Bloomberg - 10:59AM Greece Told Not to Waste Time as Euro Finance Ministers Meet Fannie Mae - 10:59AM News Release - Consumer Optimism Toward the Economy ... www.americanprogress.org - 10:37AM The Future of Housing in America www.ourbroker.com - 10:33AM Does Wall Street Home Buying Hurt You? Bloomberg - 8:35AM ECB Buying German, Italian Bonds as QE Begins Calculated Risk Blog - 8:33AM Black Knight Mortgage Monitor: Foreclosure Starts increase in January www.freddiemac.com - 8:33AM Advantage: Homebuyers Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% -0.02 15 Yr FRM 3.21% -0.04 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.85% -0.02 5/1 Yr ARM 3.19% -0.01 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 3.0 100.89 +0.28 30YR FNMA 3.5 104.17 +0.25 30YR GNMA 3.0 102.05 +0.22 30YR GNMA 3.5 104.42 +0.16 15YR FNMA 3.0 104.20 +0.05 15YR FNMA 2.5 101.80 +0.14 Treasuries Yield Change 2 YR 0.6957% -0.0317 5 YR 1.6477% -0.0495 10 YR 2.1881% -0.0586 30 YR 2.7924% -0.0526 Prices as of: 3/9/2015 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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