Daily Newsletter: Mortgage Rates Set Another 2015 High; More Than Half Sales are All-Cash in Some MSAs; Purchase Apps Faring Better as Rates Rise; NAR's Warning

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30 Year Fixed 4.04%   +0.02 15 Year Fixed 3.27%   +0.01 10YR Treasury 2.29%   +0.0310 FNMA 30YR 3.5 103.70   -0.16 FNMA 15YR 2.5 104.20   -0.03 View Today's Rates

Wednesday May 13, 2015 Mortgage Rate Watch - 3:31PM Mortgage Rates Set Another 2015 High Mortgage rates can't catch a break . They're not much higher than yesterday, but yesterday was already the worst of 2015 . Actually, it's the broader bond market that can't catch a ... MND NewsWire - 10:57AM More Than Half of Sales Remain All-Cash in Some Markets The influence of cash sales on the residential real estate market continued to decline in February with those sales accounting for 37.9 percent of total home sales. This is still a ... MND NewsWire - 10:50AM Purchase Applications Fare Better Amid Rising Rates Rising interest rates took a toll on mortgage applications again during the week ended May 8. The Mortgage Bankers Association said that its Market Composite Index a measure of overall ... Pipeline Press - 10:47AM NAR Warns Realtors About TRID; Unabated Agency Changes - Who Can Keep Track? In 1963 President John F. Kennedy designated May as Senior Citizens Month and then in 1980 President Jimmy Carter changed the name to Older Americans Month . The U.S. Census Bureau ... MBS MID-DAY: Europe Turns Our Green to Red Ahead of Auction MBS Day Ahead: After Another 2015 High, Rates Consider Another Correction Latest Video Move takes on Zillow Pay attention to bonds Grasso: Yellen 'terrific' Fed leader More News from 'Around the Web' Reuters - 3:22PM U.S. appeals court appears receptive to bond trader's fraud appeal Washington Post - 3:14PM Where it's cheaper to buy than rent Market Watch - 1:40PM Student debt won't keep millennials from buying cars and homes, study says Bloomberg - 1:40PM There's a Tourist Problem in $7.8 Trillion of U.S. Company Bonds Bloomberg - 1:40PM German Bonds Decline for Third Day as Supply Saturates Market CNBC - 10:58AM US crude inventories fall by 2.2 million barrels CNBC - 10:58AM April retail sales spell bad news for Q2 GDP Reuters - 10:23AM Greece taps IMF reserves to pay IMF debt: sources Reuters - 10:20AM Business inventories barely rise, suggest first quarter GDP contraction CNBC - 10:19AM Use your home to fund retirement plans WSJ - 8:54AM Survey: More Millennials Renting, But Just As Many Want To Own Bloomberg - 8:51AM Euro-Area Bond Selloff Abates as Sales Show Life in Market Yet Reuters - 8:51AM Retail sales unchanged in April on weak autos, furniture Today's Rates Best Execution Rate Change 30 Yr FRM 4.04% +0.02 15 Yr FRM 3.27% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.85% +0.02 5/1 Yr ARM 2.96% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.38% 1.18 +0.05 30 Yr. Fixed 3.95% 1.30 +0.04 MBA ** 30 Yr. Fixed 4.00% 0.36 +0.07 15 Yr. Fixed 3.23% 0.40 +0.04 30 Yr. Jumbo 3.99% 0.33 +0.08 30 Yr. FHA 3.76% 0.14 +0.06 5/1 ARM 3.00% 0.46 +0.13 Freddie Mac ** 30 Yr. Fixed 3.80% 0.60 +0.12 15 Yr. Fixed 3.02% 0.60 +0.08 1 Yr. ARM 2.46% 0.40 -0.03 5/1 Yr. ARM 2.90% 0.40 +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 3.0 100.27 -0.23 30YR FNMA 3.5 103.70 -0.16 30YR GNMA 3.0 101.58 -0.27 30YR GNMA 3.5 104.39 -0.28 15YR FNMA 3.0 104.20 -0.03 15YR FNMA 2.5 101.88 -0.02 Treasuries Yield Change 2 YR 0.5802% -0.0199 5 YR 1.5638% -0.0033 10 YR 2.2854% +0.0310 30 YR 3.0722% +0.0458 Prices as of: 5/13/2015 4:01PM 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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