Daily Newsletter: Mortgage Rates Bounce Higher; Seasonal Stumble in Housing Market; Mortgage Apps Rise at Fastest Pace in 2 Months

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30 Year Fixed 3.70%   +0.02 15 Year Fixed 3.02%   +0.02 10YR Treasury 1.93%   +0.0606 FNMA 30YR 3.5 104.92   -0.25 FNMA 15YR 2.5 104.64   -0.16 View Today's Rates

Wednesday March 25, 2015 Mortgage Rate Watch - 3:23PM Mortgage Rates Bounce Higher From Recent Lows Mortgage rates finally moved noticeably higher today, something they haven't done on 11 out of the last 12 days. Yesterday, I pointed out that such a winning streak is not the sort ... MND NewsWire - 2:45PM Seasonal Stumble in Housing Market -Freddie Mac Freddie Mac said today that housing market stability "stumbled a bit" due to the cold winter weather and softening economic growth. The company's Multi-Indicator Market Index (MiMi ... Pipeline Press - 10:02AM Ocwen's Slide Update; Investor and Agency Updates Including Freddie's 97% Program Don't think the gap between the haves and have-nots is widening? USA Today reports the world's richest 1% of people control over 50% of total global wealth. At the other end of the ... MND NewsWire - 9:09AM Mortgage Apps Rise at Fastest Pace in 2 Months Stoked by the lowest interest rates in several weeks the volume of applications for mortgages to both purchase and refinance homes increased by the largest percentages during the week ... MBS MID-DAY: Holding Slightly Weaker Levels Ahead of 5yr Auction MBS Day Ahead: Positive Technical Developments Now Need Confirmation Latest Video Why the market sold off Santelli Exchange: Why all the negativity? Fed to delay hiking rates More News from 'Around the Web' CNN - 3:41PM Warning signs in the housing market WSJ - 2:29PM GDP Growth Estimates Tumble, Again CNBC - 2:26PM The 'unique' reason your home's still on the market Reuters - 12:41PM Weak U.S. business spending data points to tepid first quarter growth Calculated Risk Blog - 12:38PM New Home Prices: More homes priced in the $200K to $300K range Bloomberg - 11:15AM Senate's Shelby Signals Fannie-Freddie Fix Unlikely This Year www.nytimes.com - 10:33AM Q. and A. With Fed's Dennis Lockhart: The Year to Raise Rates WSJ - 10:21AM In Texas Oil Towns, Price-Crash Shows Up in Slowing Rent Growth CNN - 10:18AM 4 reasons to sell your home now Bloomberg - 10:17AM US New-Home Sales `Picking Up Steam,' Hovnanian Says Calculated Risk Blog - 10:14AM Freddie Mac: Mortgage Serious Delinquency rate declined in February Bloomberg - 9:03AM Millennials Start Shift to Homeownership as Rents Soar WSJ - 9:03AM Fed's Evans: Central Bank Shouldn't Raise Rates This Year CNBC - 9:03AM US business spending gauge tumbles in February CNBC - 9:01AM House for sale rigged to explode Bloomberg - 9:00AM ECB's Bond-Buying Is Already Helping Economy, Liikanen Says Today's Rates Best Execution Rate Change 30 Yr FRM 3.70% +0.02 15 Yr FRM 3.02% +0.02 FHA 30 Year Fixed 3.35% +0.10 Jumbo 30 Year Fixed 3.62% +0.02 5/1 Yr ARM 3.12% +0.02 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 4.01% 0.39 +0.05 15 Yr. Fixed 3.29% 0.30 +0.02 30 Yr. Jumbo 4.02% 0.27 +0.07 30 Yr. FHA 3.80% 0.20 +0.04 5/1 ARM 3.18% 0.40 +0.13 Freddie Mac ** 30 Yr. Fixed 3.78% 0.60 -0.08 15 Yr. Fixed 3.06% 0.60 -0.04 1 Yr. ARM 2.46% 0.40 +0.00 5/1 Yr. ARM 2.97% 0.50 -0.04 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 3.0 102.14 -0.34 30YR FNMA 3.5 104.92 -0.25 30YR GNMA 3.0 102.83 -0.33 30YR GNMA 3.5 105.17 -0.22 15YR FNMA 3.0 104.64 -0.16 15YR FNMA 2.5 102.52 -0.22 Treasuries Yield Change 2 YR 0.6063% +0.0452 5 YR 1.4161% +0.0592 10 YR 1.9302% +0.0606 30 YR 2.5096% +0.0489 Prices as of: 3/25/2015 4:32PM 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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