Daily Newsletter: Mortgage Rates Hold Ground As Markets Take a Breather; Affordability Falling as Permits Lag Growth; Fannie/Freddie Updates

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30 Year Fixed 3.79%   -0.01 15 Year Fixed 3.08%   -0.01 10YR Treasury 1.95%   -0.0419 FNMA 30YR 3.5 104.81   +0.20 FNMA 15YR 2.5 104.59   +0.09 View Today's Rates

Friday March 27, 2015 Mortgage Rate Watch - 4:21PM Mortgage Rates Hold Ground As Markets Take a Breather Mortgage rates had one of their least exciting days of the week today, moving just modestly lower from yesterday's latest levels. The trading range in underlying markets was exceptionally ... MND NewsWire - 2:48PM Affordability Falling as Permits Lag Growth The old maxim that a household rents only until it can afford to buy a home is apparently being stood on its head in a lot of housing markets. A study published on Friday by Zillow ... MBS Commentary - 1:05PM MBS MID-DAY: Bonds Taking a Break from Volatility, Especially MBS With the exception of only a few trades during a few minutes, Fannie 3.0 MBS prices have remained in a range of 101-28 to 101-29 this morning. That's super narrow! It's already resulting ... Pipeline Press - 10:35AM More Agency Updates; Why Bank M&A is Expected to Continue in 2015 I love it when I receive an e-mail warning me, "You've had unusual and suspicious activity on your American Express Card." I don't have an American Express Card. Think your IT's security ... MBS Day Ahead: Is Today's GDP Reading Important? Monumental Shift Toward Non-Bank Servicing. Does it Matter? Latest Video Yellen: 'Rate increase may be warranted later this year' Crowdfunding for house flippers June is in play for rate hikes: Pro More News from 'Around the Web' WSJ - 4:38PM 5 Quotes From Janet Yellen's Speech to the San Francisco Fed freddiemac.mwnewsroom.com - 4:17PM Freddie Mac Executes Largest Ever Sale of Seriously Delinquent Loans From Its Investment Portfolio OCC - 4:17PM Mortgage Performance Improved During the Fourth Quarter of 2014 Reuters - 4:17PM Fed rate hike may be warranted later this year: Yellen CNBC - 12:52PM Greece says sending reform list on Friday CNBC - 11:10AM US consumer sentiment at 93.0 in March vs. 92.0 estimate www.cfpbmonitor.com - 11:10AM CFPB shows its hand on payday (and title and longer-term high-rate) lending WSJ - 11:10AM Fourth-Quarter GDP – At A Glance WSJ - 11:09AM Schäuble: Wrong to Support QE While Criticizing German Surplus www.bloombergview.com - 10:24AM Interest Rates Aren't Going Anywhere . . . Reuters - 10:19AM U.S. consumer sentiment falls in March but above forecasts Bloomberg - 10:17AM It's Almost Impossible to Buy a House in Dallas - Bloomberg CNBC - 8:50AM US GDP at 2.2% in Q4; corporate profits fall Bloomberg - 8:49AM Draghi a World-Beater in Moving Markets as ECB Confounds Critics Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% -0.01 15 Yr FRM 3.08% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.67% -0.01 5/1 Yr ARM 3.16% +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 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 3.69% 0.60 -0.09 15 Yr. Fixed 2.97% 0.60 -0.09 1 Yr. ARM 2.46% 0.40 +0.00 5/1 Yr. ARM 2.92% 0.40 -0.05 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 3.0 101.95 +0.23 30YR FNMA 3.5 104.81 +0.20 30YR GNMA 3.0 102.69 +0.14 30YR GNMA 3.5 105.06 +0.13 15YR FNMA 3.0 104.59 +0.09 15YR FNMA 2.5 102.41 +0.09 Treasuries Yield Change 2 YR 0.5944% -0.0198 5 YR 1.4286% -0.0358 10 YR 1.9545% -0.0419 30 YR 2.5314% -0.0529 Prices as of: 3/27/2015 4:29PM 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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