Daily Newsletter: Cash Sales Declining, but Remain Elevated For REOs; Rates Highest in April; Principal Reduction Limitations

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30 Year Fixed 3.72%   +0.02 15 Year Fixed 3.04%   +0.01 10YR Treasury 1.96%   +0.0541 FNMA 30YR 3.5 105.05   -0.09 FNMA 15YR 2.5 104.78   -0.06 View Today's Rates

Thursday April 9, 2015 MND NewsWire - 10:53AM Cash Sales Declining, but Remain Elevated For REOs The percentage of all-cash home sale transactions declined for the 25 th consecutive month in January, falling to a 38.9 percent share. CoreLogic said that this was a 2.6 percent decrease ... Mortgage Rate Watch - 3:55PM Mortgage Rates Highest in More Than a Week Mortgage rates moved only moderately higher today, but it was enough to bring them to April's worst levels. The bond market trading that underlies interest rates in the US has been ... MND NewsWire - 10:49AM Viable Principal Reduction Plan Would Likely Have Limitations -CoreLogic Among the most contentious issues at the Federal Housing Finance Agency (FHFA) when Edward J. DeMarco was its acting director was his refusal to allow Fannie Mae and Freddie Mac (the ... MBS Commentary - 12:26PM MBS MID-DAY: Pushing the Limits of Recent Weakness Ahead of 30yr Bond Auction MBS are being dragged down enough for some lenders to be considering negative reprices , but the brunt of this morning's weakness is being born by Treasuries. In terms of day-over-day ... Affordable Housing Lawsuit; Down Payment Assistance Program Primer MBS Day Ahead: With the Fed Out of the Way, Now What? Latest Video The great mortgage dilemma June rate hike unlikely: Pro Renters not becoming buyers More News from 'Around the Web' CNBC - 4:50PM Treasury market still very liquid: Pimco's Kiesel CNBC - 4:48PM El-Erian: Rate hike likely in September freddiemac.mwnewsroom.com - 4:47PM Freddie Mac to Purchase Its Largest Single Property Loan -- $878 Million Loan for Park La Brea in Los Angeles Reuters - 3:08PM GE close to selling part or all of its real estate holdings: source Calculated Risk Blog - 1:55PM Good Start to Spring home-selling Season CNBC - 1:55PM Pricey San Fran housing tightens further freddiemac.mwnewsroom.com - 1:54PM Freddie Mac April 2015 U.S. Economic and Housing Market Outlook CNBC - 12:12PM IMF's Lagarde: 'Dedicated' to Greek reform process Market Watch - 10:58AM IMF's Lagarde: Could be 'bumpy ride' when Fed hikes CNBC - 10:56AM Markets prepped for rate hike: Economists freddiemac.mwnewsroom.com - 10:29AM Mortgage Rates Lower on Weak Jobs Report CNBC - 10:29AM Wholesale inventories up 0.3% Google News - 8:48AM Tight credit has hurt minority borrowers the most CNBC - 8:48AM Why you shouldn't pay off your mortgage before you retire Bloomberg - 12:33AM Dimon Says Once-in-3-Billion-Year Treasury Move a 'Warning Shot' Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% +0.02 15 Yr FRM 3.04% +0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.67% +0.02 5/1 Yr ARM 3.07% +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 3.0 102.23 -0.17 30YR FNMA 3.5 105.05 -0.09 30YR GNMA 3.0 102.98 -0.16 30YR GNMA 3.5 105.55 -0.05 15YR FNMA 3.0 104.78 -0.06 15YR FNMA 2.5 102.77 -0.11 Treasuries Yield Change 2 YR 0.5518% +0.0160 5 YR 1.3995% +0.0506 10 YR 1.9631% +0.0541 30 YR 2.6004% +0.0675 Prices as of: 4/9/2015 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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