Daily Newsletter: Mortgage Rates Having Trouble Moving Lower; Builder Confidence Up; Mortgage Applications Down

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30 Year Fixed 3.65%   +0.01 15 Year Fixed 3.00%   +0.01 10YR Treasury 1.89%   -0.0052 FNMA 30YR 3.5 105.16   0.00 FNMA 15YR 2.5 105.08   +0.02 View Today's Rates

Wednesday April 15, 2015 Mortgage Rate Watch - 4:13PM Mortgage Rates Having Trouble Moving Lower Mortgage rates were unchanged to slightly higher today, though that depends largely on the individual strategies of the lender in question. Some lenders recalled rate sheets yesterday ... MND NewsWire - 12:43PM Builder Confidence up; First Time in 2015 The index measuring building confidence in the market for new single family homes stopped its three month slide in April, jumping four points from its March level. National Association ... MND NewsWire - 9:23AM Mortgage Applications End 3-Week Winning Streak Applications for purchase mortgages have ended three straight weeks in which their volume increased an average of 6 percent. The Mortgage Bankers Association (MBA) said today that those ... Pipeline Press - 10:32AM Rural Area Comment Period Ends; What the CFPB's Supervisory Highlights Tell Lenders Yesterday we had plenty of CFPB updates , and let's continue with those. Remember that even though although your bank or mortgage operation is thought to be too small to be examined ... MBS MID-DAY: More Gains After More Negative Data MBS Day Ahead: Bonds Acting Like They Want More Data, And They'll Get It Latest Video Santelli Exchange: Battlefield of traders Mortgage applications down 2% April NAHB: Builder confidence up More News from 'Around the Web' Bloomberg - 4:44PM Bernanke Makes Case for Keeping Fed's Balance Sheet Large CNBC - 4:43PM World sees sharp drop in unbanked population: Report CNBC - 4:43PM Lew: Here's the remedy for strong dollar pain www.gallup.com - 4:43PM More Americans Say Low-Income Earners Pay Too Much in Taxes CNBC - 2:52PM The problem with small business taxes Market Watch - 2:52PM Warren calls for big bank breakup, CFPB oversight of auto loans Calculated Risk Blog - 2:47PM Sacramento Housing in March: Total Sales up 11% Year-over-year CNN - 2:47PM Bonds are much riskier than you think Market Watch - 2:47PM Beige Book finds layoffs stemming from low oil prices in many districts Bloomberg - 1:01PM Hudson City Minority Loans Said to Be Probed as M&T Deal Idles Reuters - 12:36PM Home builder sentiment rises to 2015 peak: NAHB www.cfpbmonitor.com - 12:35PM House passes regulatory reform bills Bloomberg - 12:34PM Treasuries Gain a Fourth Day as Industrial Production Declines Bloomberg - 12:34PM Here's Proof Homebuilders are Betting on a Pickup in the Housing Market WSJ - 9:55AM Threats to Global Financial Stability Are Rising, the IMF Says Calculated Risk Blog - 9:54AM Fed: Industrial Production decreased 0.6% in March CNBC - 9:54AM Germany's Schauble: New Greek govt has damaged improving economy Reuters - 9:54AM Fed's Bullard repeats view of hiking 'now', cites asset bubble risk NY Fed - 8:53AM The Rescue of Fannie Mae and Freddie Mac Bloomberg - 8:50AM U.S. Bancorp Matches Estimates on Gains in Mortgage Revenue Today's Rates Best Execution Rate Change 30 Yr FRM 3.65% +0.01 15 Yr FRM 3.00% +0.01 FHA 30 Year Fixed 3.30% +0.05 Jumbo 30 Year Fixed 3.61% +0.01 5/1 Yr ARM 3.06% +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 3.87% 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 3.66% 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 3.0 102.50 +0.03 30YR FNMA 3.5 105.16 0.00 30YR GNMA 3.0 103.53 0.00 30YR GNMA 3.5 105.88 -0.03 15YR FNMA 3.0 105.08 +0.02 15YR FNMA 2.5 103.08 +0.02 Treasuries Yield Change 2 YR 0.5040% -0.0120 5 YR 1.3211% -0.0179 10 YR 1.8932% -0.0052 30 YR 2.5450% +0.0008 Prices as of: 4/15/2015 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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