Daily Newsletter: Mortgage Rates Spike, Erasing 4 Days of Gains; First Time Buyers Drive Existing Sales to 6yr High

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30 Year Fixed 4.10%   +0.05 15 Year Fixed 3.30%   +0.05 10YR Treasury 2.37%   +0.1131 FNMA 30YR 3.5 102.81   -0.63 FNMA 15YR 2.5 103.41   -0.41 View Today's Rates

Monday June 22, 2015 Mortgage Rate Watch - 4:39PM Mortgage Rates Spike, Erasing 4 Days of Gains Mortgage rates had been walking a slow, steady path of improvement since hitting 8 month highs on June 10th. From then on, there were only 2 days where rates did NOT improve. As of ... MBS Commentary - 4:37PM MBS RECAP: Ugly Monday for Bond Markets; Widespread Lender Reprices Right from the start of the overnight session, global bond markets were on the back foot. During Asian hours, this was contained to a 3bp spike in 10yr yields that merely drifted higher ... MND NewsWire - 11:07AM They're back! First-time Buyers Help Drive Existing Sales to Six Year High Maybe this time it is for real - the recovery of the housing market that is. Coming on top of excellent residential construction news last week the National Association of Realtors® ... Pipeline Press - 9:46AM Plenty of Conventional Conforming Updates; A September Hike? Hopefully all the dads out there had fun Sunday. The U.S. Census Bureau tells us in 2008 there were 70.1 million fathers in the U.S. and in 2014 24.7 million fathers were part of married ... MBS MID-DAY: Bond Markets Reeling, but Not Just Because of Greece MBS Week Ahead: No Clear Favorite in This Week's Fight Latest Video Existing home sales & median home prices up Foreign buyers snap up $104 billion in US homes Home buyer demand is high: Redfin More News from 'Around the Web' Bloomberg - 4:24PM Barclays: Investors Aren't Really Worried About Greece CNBC - 3:45PM Is there a bubble in subprime auto loans? Bloomberg - 1:28PM Will Greece's New Plan Pass Muster at Home? CNBC - 12:26PM Soaring home prices not a 'bubble': Realtors Calculated Risk Blog - 12:24PM A Few Random Comments on May Existing Home Sales CNBC - 12:24PM Wealthy foreigners bought $100B in US real estate content.govdelivery.com - 11:33AM Joint Release: Agencies Issue Flood Insurance Rule CNBC - 10:33AM Existing home sales surge to 5-1/2-year high Bloomberg - 9:31AM Dijsselbloem Says They Are Working Towards a Greek Deal This Week Calculated Risk Blog - 9:28AM Chicago Fed: "Index shows economic growth slightly below average in May" CNBC - 8:37AM US Treasurys set back by Greek hopes Bloomberg - 8:37AM ECB Said to Raise Greek Bank Aid Third Time in Less Than a Week Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.05 15 Yr FRM 3.30% +0.05 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.90% +0.05 5/1 Yr ARM 3.10% -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 4.07% 0.35 +0.03 15 Yr. Fixed 3.29% 0.24 +0.03 30 Yr. Jumbo 4.06% 0.29 +0.02 30 Yr. FHA 3.83% 0.16 +0.03 5/1 ARM 3.04% 0.48 +0.05 Freddie Mac ** 30 Yr. Fixed 4.00% 0.70 -0.04 15 Yr. Fixed 3.23% 0.50 -0.02 1 Yr. ARM 2.53% 0.20 +0.00 5/1 Yr. ARM 3.00% 0.40 -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 99.31 -0.77 30YR FNMA 3.5 102.81 -0.63 30YR GNMA 3.0 100.72 -0.67 30YR GNMA 3.5 103.47 -0.58 15YR FNMA 3.0 103.41 -0.41 15YR FNMA 2.5 100.94 -0.47 Treasuries Yield Change 2 YR 0.6616% +0.0407 5 YR 1.6671% +0.0929 10 YR 2.3743% +0.1131 30 YR 3.1664% +0.1145 Prices as of: 6/22/2015 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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