Daily Newsletter: $250k CFPB Penalty For Blatantly False Advertising; Rates Near Weekly Lows; Freddie Upbeat on Housing; Sometimes Trading is Boring

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30 Year Fixed 3.70%   -0.02 15 Year Fixed 3.03%   -0.01 10YR Treasury 1.95%   -0.0123 FNMA 30YR 3.5 105.13   +0.08 FNMA 15YR 2.5 104.86   +0.08 View Today's Rates

Friday April 10, 2015 MND NewsWire - 4:59PM $250k CFPB Penalty For Blatantly False Advertising This story can be adequately summed up with the internet meme: ' facepalm .' Yet another ethically challenged lender is going to pay for implying a government agency sponsors or endorses ... Mortgage Rate Watch - 3:14PM Mortgage Rates Back Near This Week's Lows Mortgage rates were at their highest levels in more than a week yesterday, but have fallen back to the best levels in 4 days today, on average. Some lenders are slightly higher than ... MND NewsWire - 10:36AM Freddie Remains Upbeat on Housing Market Despite Q1 Challenges In its Economic and Housing Outlook for April Freddie Mac's economists point out that the spring homebuying season has become familiar territory. And not in a good way. For the third ... MBS Commentary - 7:32AM MBS Day Ahead: Sometimes Bond Trading is Just Bond Trading There's a problem in the world of financial market commentary and journalism. It has to do with man's constant search to find meaning in all things and to understand the universe in ... MBS RECAP: Drifting Into the Weekend Near Unchanged Levels 20 Percent Surge in Q1 New Home Purchase Apps Latest Video Blackstone to buy $23 billion of GE's real estate GE to sell real estate holdings, issue $50B buyback Import prices down 0.3%, export prices up 0.1% More News from 'Around the Web' WSJ - 5:00PM More Cities Post March Homes-Sales Gains Calculated Risk Blog - 2:19PM FNC: Residential Property Values increased 4.3% year-over-year in February WSJ - 12:39PM Minneapolis Fed's Kocherlakota: Fed Shouldn't Raise Rates in 2015 Bloomberg - 12:38PM Take Off Friday and Monday Because Most Bond Traders Already Do Bloomberg - 9:46AM Blackstone, Wells Fargo to Buy $23 Billion of Properties From GE WSJ - 9:46AM Brisk Spring Season in Jacksonville Tests Home Buyers Bloomberg - 9:46AM Investors Size Up Yellen Collar as Dudley Outlines Fed Thinking Reuters - 9:46AM Mortgages may be a bright spot for U.S. bank results in first quarter CNBC - 9:46AM US import prices fell 0.3% in March Washington Post - 9:44AM Even Spainâ€"Spain!â€"is getting paid to borrow money now www.realtor.com - 12:13AM After Foreclosures, Home Buyers Are Back www.cfpbmonitor.com - 12:13AM CFPB targets another mortgage lender for deceptive advertising Today's Rates Best Execution Rate Change 30 Yr FRM 3.70% -0.02 15 Yr FRM 3.03% -0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.65% -0.02 5/1 Yr ARM 3.09% +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 3.66% 0.60 -0.04 15 Yr. Fixed 2.93% 0.60 -0.05 1 Yr. ARM 2.46% 0.40 +0.00 5/1 Yr. ARM 2.83% 0.50 -0.09 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 3.0 102.38 +0.14 30YR FNMA 3.5 105.13 +0.08 30YR GNMA 3.0 102.91 -0.08 30YR GNMA 3.5 105.53 -0.02 15YR FNMA 3.0 104.86 +0.08 15YR FNMA 2.5 102.81 +0.05 Treasuries Yield Change 2 YR 0.5601% +0.0083 5 YR 1.3995% +0.0000 10 YR 1.9508% -0.0123 30 YR 2.5852% -0.0152 Prices as of: 4/10/2015 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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