Daily Newsletter: Rates Close to 2015 Highs; More First Time Buyers Than we Think?; Supply/Demand Pushing Prices Higher

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30 Year Fixed 3.95%   +0.06 15 Year Fixed 3.22%   +0.04 10YR Treasury 2.18%   +0.0341 FNMA 30YR 3.5 104.19   -0.16 FNMA 15YR 2.5 104.22   -0.14 View Today's Rates

Tuesday May 5, 2015 Mortgage Rate Watch - 3:49PM Mortgage Rates Dangerously Close to 2015 Highs Mortgage rates haven't been able to catch a break recently. Case in point, over the past 3 weeks, there have only been two days where rates managed to improve even a little bit. Four ... MND NewsWire - 6:17PM Are There More First-Time Buyers Than we Think? Given how critical first-time homebuyers are to the housing system the Urban Institute says it is important to accurately measure how present they are in the market. The National Association ... MND NewsWire - 11:52AM Supply/Demand Pushing Home Prices Higher Nationwide home prices are now within 10 percent of their pre-crash peaks and seven states have surpassed those peaks, some have been establishing new high marks for several months ... MBS Commentary - 1:22PM MBS MID-DAY: Sell-Off Continues Thanks to Europe, Data, Corporates, Everything Really... Ever have one of those days where it seems that the odds are hopelessly stacked against you? That's the sort of week and a half that bond markets have been having. If it's not European ... What Compliance Officers Want Builders/Realtors to Know about TRID; CFPB Updates MBS Day Ahead: Important Econ Data, But With Wild Cards In Play Latest Video Rates & home affordability Market's 'hissy fit' over rates Santelli Exchange: Have interest rates bottomed? More News from 'Around the Web' Bloomberg - 4:46PM Raises for Fannie, Freddie CEOs Draw Attacks From White House Market Watch - 4:46PM The Fed: Yellen on tap as growth outlook sours Bloomberg - 3:01PM Home Depot Poised to Gain as Flooring Controversy Hits Rivals Market Watch - 1:42PM Capitol Report: Banks could approve more mortgages: Freddie chief Bloomberg - 12:16PM Fed Research Paper: Everyone Wants Corporate Bonds, and That Could Hurt Fannie Mae - 12:15PM News Release - Fannie Mae Issues $10.4 Billion of Multifamily ... CNBC - 10:43AM Service sector growth rebounds Market Watch - 10:40AM First-quarter GDP was likely negative, economists say CNBC - 10:40AM Bonds scariest thing out there: CIO Bloomberg - 8:48AM German Bonds Advance as Greece Debt Talks Stoke Demand for Haven CNBC - 8:42AM Has the bond party come to an abrupt end? freddiemac.mwnewsroom.com - 8:42AM Freddie Mac Reports First Quarter 2015 Financial Results Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% +0.06 15 Yr FRM 3.22% +0.04 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.83% +0.02 5/1 Yr ARM 3.02% +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 3.68% 0.60 +0.03 15 Yr. Fixed 2.94% 0.60 +0.02 1 Yr. ARM 2.49% 0.40 +0.05 5/1 Yr. ARM 2.85% 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 3.0 100.97 -0.23 30YR FNMA 3.5 104.19 -0.16 30YR GNMA 3.0 102.00 -0.14 30YR GNMA 3.5 104.70 -0.17 15YR FNMA 3.0 104.22 -0.14 15YR FNMA 2.5 102.02 -0.19 Treasuries Yield Change 2 YR 0.6270% +0.0240 5 YR 1.5450% +0.0394 10 YR 2.1781% +0.0341 30 YR 2.9047% +0.0282 Prices as of: 5/5/2015 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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