Daily Newsletter: Just When You Thought Mortgage Rates Couldn't Get Any Flatter; CMLA Speaks Out; PMIERs Non-Issue

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30 Year Fixed 3.66%   +0.00 15 Year Fixed 3.01%   +0.00 10YR Treasury 1.91%   +0.0279 FNMA 30YR 3.5 105.16   -0.03 FNMA 15YR 2.5 104.83   -0.06 View Today's Rates

Tuesday April 21, 2015 Mortgage Rate Watch - 3:38PM Just When You Thought Mortgage Rates Couldn't Get Any Flatter Mortgage rates are on the warpath , blazing a ferocious trail in a more sharply sideways direction than we've seen in recent memory. This won't last. It never does. But it's, as yet ... MBS Commentary - 12:54PM MBS MID-DAY: Bonds Opt to Hold Ground After Modest Head-Fake 10yr yields and MBS prices both made it to the weakest levels in 3 days--each threatening a break of technical support levels. In terms of 10yr yields, 1.926 is the nearest important ... Pipeline Press - 10:25AM CMLA Speaks Out; Few Tears or Fears Over PMIERs True or false: "Unnecessary regulatory burdens are preventing qualified, credit-worthy borrowers from obtaining the American Dream of homeownership." That's according to testimony from ... MBS Commentary - 7:32AM MBS Day Ahead: More Potential For Overseas Motivation Amid Silent Domestic Calendar One nice thing about the current unwillingness on the part of bond markets to break through resistance levels is that they've been similarly unwilling to sell-off past close-by support ... Buyers Returning to Housing Market Ready, Willing, and Able? GSE Fee Changes Too Small to Notice? Latest Video When will the Fed raise rates? Has Fed already tightened? Santelli: Pay attention to yield curve More News from 'Around the Web' Market Watch - 4:26PM Weak demand, income blamed for limping home sales www.wellsfargo.com - 4:26PM Wells Fargo Expands Senior Housing Focus to Address Growing Demand Bloomberg - 4:25PM Investors Grumble as Freddie Shifts Risk of Helping Homeowners Calculated Risk Blog - 1:31PM Lawler: NVR: Home Orders Jump, Prices "Stable" in Latest Quarter Market Watch - 1:31PM Forget gold and stocks, Manhattan real estate is where the 1% store their riches blog.hud.gov - 11:59AM Fair Housing Month Focus on Disability Discrimination Bloomberg - 11:59AM These Charts Will Tell You Where the Housing Market Is Headed This Year CNBC - 11:00AM Gross: 'The short of a lifetime' Reuters - 11:00AM U.S. regulator wants better deposit data from big banks CNN - 10:18AM 88,000 apply to get in this 'poor door' CNBC - 10:18AM How the Fed could help risk-on traders: Strategist Bloomberg - 10:16AM Greek Bank Bonds Fall to Records as ECB Said to Review Funding Calculated Risk Blog - 10:16AM Goldman on Inflation: Pass-Through Disinflation: Not Over Yet CNBC - 8:59AM Greece facing 'Lehman moment' as debt costs soar webfeeds.brookings.edu - 8:43AM To The Edge : Legality, Legitimacy, and the Responses to the 2008 Financial Crisis Bloomberg - 8:42AM Volcker Proposal, Mortgage Insurers, BlackRock: Compliance - Bloomberg phx.corporate-ir.net - 8:42AM MGIC Investment Corporation Reports First Quarter 2015 Results Today's Rates Best Execution Rate Change 30 Yr FRM 3.66% +0.00 15 Yr FRM 3.01% +0.00 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.61% -0.01 5/1 Yr ARM 3.07% -0.04 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 3.87% 0.38 +0.01 15 Yr. Fixed 3.16% 0.29 +0.01 30 Yr. Jumbo 3.84% 0.35 +0.03 30 Yr. FHA 3.67% 0.23 -0.02 5/1 ARM 2.82% 0.40 +0.06 Freddie Mac ** 30 Yr. Fixed 3.67% 0.70 +0.01 15 Yr. Fixed 2.94% 0.50 +0.01 1 Yr. ARM 2.46% 0.40 +0.00 5/1 Yr. ARM 2.88% 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 3.0 102.41 -0.13 30YR FNMA 3.5 105.16 -0.03 30YR GNMA 3.0 103.22 -0.42 30YR GNMA 3.5 105.63 -0.28 15YR FNMA 3.0 104.83 -0.06 15YR FNMA 2.5 102.81 -0.06 Treasuries Yield Change 2 YR 0.5243% +0.0000 5 YR 1.3323% +0.0180 10 YR 1.9105% +0.0279 30 YR 2.5822% +0.0289 Prices as of: 4/21/2015 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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