Daily Newsletter: Rates Begin Another Week Moving Higher; MBA's Stevens Calls for Change in Washington; Builders, Realtors Differ on Sales Climate

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30 Year Fixed 3.97%   +0.04 15 Year Fixed 3.23%   +0.02 10YR Treasury 2.24%   +0.0896 FNMA 30YR 3.5 104.03   -0.36 FNMA 15YR 2.5 104.23   -0.22 View Today's Rates

Monday May 18, 2015 Mortgage Rate Watch - 4:34PM Mortgage Rates Begin Another Week Moving Higher Mortgage rates moved higher out of the gate for a second straight week, though today's jump was smaller than last Monday's. The most prevalent conventional 30yr fixed quote remains ... MND NewsWire - 5:01PM MBA's Stevens calls for End to Policy by Enforcement "Everyone working in the mortgage business feels like there is a giant target on their backs ," David H. Stevens said in remarks prepared for delivery today at the Mortgage Bankers ... MND NewsWire - 12:10PM Builders, Realtors Differ on Home Sale Climate While they were discussing different vintages, home sellers have a slightly more upbeat outlook on home sales then do the builders of those homes. Lawrence Yun, Chief Economist of the ... Pipeline Press - 9:40AM GSE and Investor Updates Continue; What if Fed Tweaked its Balance Sheet? The last seven days has involved a little travel for me: Oregon, Incline Village in Nevada, and now Manhattan for the MBA's Secondary Marketing Conference. Besides the news that toy ... MBS MID-DAY: This Monday is Actually Better Than Last Monday. Here's Why MBS Week Ahead: Time to Find Out About This Bounce Latest Video Santelli: Rates inch higher Santelli: Stubborn Treasury rates Home builder sentiment down 2 points More News from 'Around the Web' CNBC - 5:03PM Greece default certain: Strategist Reuters - 3:14PM Greece says must strike debt deal in May as money runs low Reuters - 3:14PM U.S. economy isn't as weak as estimates suggest, Fed paper says Washington Post - 3:13PM Wonkblog: People have no idea what inequality actually looks like Bloomberg - 12:55PM Greece Deal Said to Remain Elusive as Tsipras Eyes Summit www.cfpbmonitor.com - 12:14PM CFPB Holds a Field Hearing on Student Loan Servicing Issues Reuters - 10:26AM U.S. home builder sentiment slips in May: NAHB CNBC - 10:26AM Greek yields soar on default concern WSJ - 8:43AM Fed's Evans: Overshooting Fed's 2% Price Target May Be A Good Idea Market Watch - 8:42AM Ocwen negotiates with lenders to avoid cash crisis Bloomberg - 12:11AM Bank Bond Buying Adds to Case for Bounce Bloomberg - 12:07AM Bond-Market Crash Has Wall Street Banks Divided on What's Next Calculated Risk Blog - 12:06AM Distressed Sales and Cash buyers for Selected Cities in April Today's Rates Best Execution Rate Change 30 Yr FRM 3.97% +0.04 15 Yr FRM 3.23% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.79% +0.04 5/1 Yr ARM 3.00% +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 3.85% 0.60 +0.05 15 Yr. Fixed 3.07% 0.50 +0.05 1 Yr. ARM 2.48% 0.40 +0.02 5/1 Yr. ARM 2.89% 0.50 -0.01 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 3.0 100.75 -0.42 30YR FNMA 3.5 104.03 -0.36 30YR GNMA 3.0 101.94 -0.45 30YR GNMA 3.5 104.67 -0.34 15YR FNMA 3.0 104.23 -0.22 15YR FNMA 2.5 101.86 -0.33 Treasuries Yield Change 2 YR 0.5807% +0.0404 5 YR 1.5395% +0.0743 10 YR 2.2408% +0.0896 30 YR 3.0319% +0.0933 Prices as of: 5/18/2015 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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