Daily Newsletter: Mortgage Rates Jump to new 2015 Highs; Home Prices Ignoring Predictions; Provident Charged by CFPB

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30 Year Fixed 4.04%   +0.07 15 Year Fixed 3.27%   +0.05 10YR Treasury 2.26%   +0.0831 FNMA 30YR 3.5 103.75   -0.42 FNMA 15YR 2.5 104.02   -0.23 View Today's Rates

Tuesday June 2, 2015 Mortgage Rate Watch - 5:25PM Mortgage Rates Jump to new 2015 Highs Mortgage rates jumped significantly higher today, bringing most lenders to their highest levels of 2015. The most prevalently-quoted conventional 30yr fixed rate for top tier scenarios ... MND NewsWire - 4:51PM Home Prices Ignoring Predictions For some time conventional wisdom has held that home price increases are slowin g and would continue to do so, but the CoreLogic Home Price Index (HPI) has joined the S&P Dow Jones ... MBS Commentary - 5:20PM MBS RECAP: Bonds Follow Bunds, Then Nothing at All Bond markets were in bad shape right from the outset today. By the end of it, 10yr yields had fully traversed THE range laid out in this morning's commentary (2.13-2.28). So that means ... MND NewsWire - 4:40PM Provident Charged with Discrimination on Loans from 2006 to 2011 Provident Funding Associates has been charged by two federal agencies with charging higher broker fees to minority borrowers . The Consumer Financial Protection Bureau (CFPB) and the ... MBS MID-DAY: Series of Unfortunate Events for Bond Markets TRID training; Supreme Court Decides 2nd Mortgage Case; Title and MI Updates MBS Day Ahead: One Day of Calm Before the Storm Latest Video Fed's Brainard: Downbeat on US economy Expect low rates for next 10 years: Jeremy Siegel Santelli Exchange: Tracking Treasury trends More News from 'Around the Web' WSJ - 4:59PM Fed Officials Should Pay the Bond Market Less Mind, Jeremy Stein Says Market Watch - 4:00PM The Fed: Fed likely to hike in September but there are good reasons to delay: Goldman Sachs WSJ - 2:09PM Janet Who? Ben Bernanke Says Stocks Aren't Expensive Market Watch - 2:08PM What are bonds saying about Friday's jobs report? WSJ - 12:52PM Fed's Brainard Wants More Economic Progress Before Rate Rises CNBC - 12:50PM Bad economic data may be turning Calculated Risk Blog - 10:18AM House Prices up 6.8% Year-over-year in April CNBC - 10:18AM Biggest millennial homebuyer mistakes freddiemac.mwnewsroom.com - 10:17AM Freddie Mac Prices $425.6 Million STACR Offering Bloomberg - 10:17AM Greece's Bonds Rise as Officials, Creditors Draft Dueling Plans CNBC - 9:04AM QE: More harm than good? Bloomberg - 8:58AM The Stat About Bathrooms That Explains Why You Can't Find a Starter Home Bloomberg - 8:55AM Treasuries Decline for Second Day Before Factory-Orders Data - Bloomberg Bloomberg - 8:55AM German Bonds Decline as Talks Intensify Over Greece's Salvation - Bloomberg WSJ - 8:52AM Smaller Firms Start to Feel the Impact of ECB Stimulus Today's Rates Best Execution Rate Change 30 Yr FRM 4.04% +0.07 15 Yr FRM 3.27% +0.05 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.85% +0.06 5/1 Yr ARM 3.00% +0.02 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 4.04% 0.32 +0.04 15 Yr. Fixed 3.26% 0.30 +0.03 30 Yr. Jumbo 4.04% 0.25 +0.05 30 Yr. FHA 3.80% 0.06 +0.04 5/1 ARM 2.99% 0.45 -0.01 Freddie Mac ** 30 Yr. Fixed 3.87% 0.60 +0.03 15 Yr. Fixed 3.11% 0.50 +0.06 1 Yr. ARM 2.50% 0.30 -0.01 5/1 Yr. ARM 2.90% 0.50 +0.02 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 3.0 100.39 -0.55 30YR FNMA 3.5 103.75 -0.42 30YR GNMA 3.0 101.45 -0.55 30YR GNMA 3.5 104.13 -0.41 15YR FNMA 3.0 104.02 -0.23 15YR FNMA 2.5 101.67 -0.27 Treasuries Yield Change 2 YR 0.6566% +0.0079 5 YR 1.6079% +0.0590 10 YR 2.2642% +0.0831 30 YR 3.0151% +0.0821 Prices as of: 6/2/2015 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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