Daily Newsletter: Mortgage Rates Hold Ground at Recent Highs; Home Sales Stumble; Cash-Out Affecting Negative Equity Trends; Home Prices Hitting Pre-Crash Peak

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30 Year Fixed 3.72%   +0.01 15 Year Fixed 3.05%   +0.01 10YR Treasury 1.94%   -0.0457 FNMA 30YR 3.5 105.05   +0.11 FNMA 15YR 2.5 104.78   +0.08 View Today's Rates

Thursday April 23, 2015 Mortgage Rate Watch - 5:16PM Mortgage Rates Hold Ground at Recent Highs Mortgage rates didn't move much today. While a few lenders were modestly improved, most were unchanged or offering slightly higher rates. This stands in stark contrast to most of today ... MND NewsWire - 2:25PM New Home Sales didn't Match February Pace New home sales settled down a bit in March after a dramatic surge in the Northeast in February that drove national sales figures up nearly 8 percent. The Census Bureau and U.S. Department ... MND NewsWire - 2:32PM Cash-outs Affecting Negative Equity Trends A second company has now reported a recent increase in the number of underwater residential properties in the U.S. Last month Corelogic said that approximately 172,000 homes slipped ... MND NewsWire - 10:17AM Home Prices Overtaking Pre-Crash Peak Home prices nationally are now within 3 percent of the peak they reached in March 2007. The Federal Housing Finance Agency (FHFA) released its purchase only Home Price Index (HPI) for ... MBS RECAP: Eye of the Corporate Debt Storm Helps Bonds Recover; Treasuries Trump MBS MBS MID-DAY: Huge Corporate Bond Numbers Help Explain Our Predicament Freddie's Multi Market Indicator Recovers from January Stumble Wells Fargo Extends Senior Housing Finance Reach TRID Training and Average Cost Per Loan; Credit Unions on the Move MBS Day Ahead: History Repeating or a Brave New World? Latest Video Santelli: Stocks up, rates down March new home sales down Financing fueling homeownership again: Robert Johnson More News from 'Around the Web' Calculated Risk Blog - 4:20PM More Builder Results Market Watch - 4:20PM Quicken sued over FHA-insured loans Bloomberg - 2:38PM Lynch to Keep Pressure on Banks Facing Mortgage Probes Bloomberg - 2:38PM AT&T Said to Plan $17.5 Billion Bond Deal for DirecTV Takeover CNBC - 2:03PM 'Stale' homes are tightening up the housing market www.cfpbmonitor.com - 1:51PM House passes bill to cut CFPB funding; White House threatens veto Bloomberg - 1:48PM Radian Adds Unemployment Insurance to Coax Would-Be Homebuyers NAHB - 11:47AM Housing Recovery Slow and Steady in 2015, Will Pick Up Pace Next Year Bloomberg - 11:47AM PulteGroup Falls After Builder's Earnings Miss Estimates freddiemac.mwnewsroom.com - 10:23AM Freddie Mac Primary Mortgage Market Survey Reuters - 10:23AM U.S. new home sales tumble after months of strong gains www.cfpbmonitor.com - 9:49AM CFPB praises FICO announcement on credit score sharing www.gallup.com - 8:50AM Americans Again Say Real Estate Is Best Long-Term Investment WSJ - 8:46AM Fed Should Make Bond Buys a Regular Policy Tool, A Boston Fed Paper Finds CNBC - 8:37AM Applications for US unemployment benefits stayed low last week at 295K, signaling few layoffs Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% +0.01 15 Yr FRM 3.05% +0.01 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.65% +0.00 5/1 Yr ARM 3.01% -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 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 3.65% 0.60 -0.02 15 Yr. Fixed 2.92% 0.60 -0.02 1 Yr. ARM 2.44% 0.40 -0.02 5/1 Yr. ARM 2.84% 0.40 -0.04 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 +0.14 30YR FNMA 3.5 105.05 +0.11 30YR GNMA 3.0 103.11 +0.13 30YR GNMA 3.5 105.56 +0.08 15YR FNMA 3.0 104.78 +0.08 15YR FNMA 2.5 102.73 +0.09 Treasuries Yield Change 2 YR 0.5284% -0.0244 5 YR 1.3536% -0.0427 10 YR 1.9401% -0.0457 30 YR 2.6298% -0.0396 Prices as of: 4/23/2015 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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