Daily Newsletter: Pending Sales Signal Strong Spring for Housing; Mortgage Rates Slightly Improved Over Weekend; Long Term Rate Rally Intact, but Volatility Ahead

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30 Year Fixed 3.75%   -0.04 15 Year Fixed 3.05%   -0.03 10YR Treasury 1.95%   +0.0000 FNMA 30YR 3.5 104.89   +0.08 FNMA 15YR 2.5 104.69   +0.09 View Today's Rates

Monday March 30, 2015 Mortgage Rate Watch - 3:59PM Mortgage Rates Slightly Improved Over Weekend Mortgage rates fell moderately to begin the week, but haven't yet returned to recent lows. Even so, the improvement is a relief considering rates had only just begun fighting back against ... MND NewsWire - 10:59AM Pending Home Sales Signal Strong Spring Market Contract signings in the Midwest and South in February drove pending home sales to their highest level in nearly two years. The National Association of Realtors® (NAR) said today ... MBS Commentary - 7:34AM MBS Day Ahead: Long Term Rally Intact as NFP Approaches As is often the case, this week has the dual distinction of hosting 'month-end' as well as nonfarm payrolls. Until recently, the ECB was almost always holding policy meetings on the ... 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 MID-DAY: Holding Gains and Outperforming Treasuries Primer on Servicing's CPR Calculation; MBA Speaks Out Latest Video Santelli: Rates down, dollar up Interest rates, jobs center stage this week Bernanke: Low rates part of long-term trend More News from 'Around the Web' www.cfpbmonitor.com - 4:55PM CFPB 2014 complaints report shows large increase in debt collection and credit reporting complaints Bloomberg - 3:55PM Bond Traders Fear Oct. 15-Style Volatility Could Repeat Google News - 3:22PM To understand mortgage default rates, ask these three questions CNBC - 1:16PM Bernanke says rates could rise Reuters - 12:00PM With blog, Bernanke has new platform to make old argument CNBC - 10:12AM Pending home sales rose 3.1% in February CNBC - 10:12AM Banks push back on foreclosure limits www.brookings.edu - 8:52AM Bernanke's New Blog: Why are interest rates so low? Bloomberg - 8:48AM German Inflation Rate Turns Positive as Recovery Picks Up CNBC - 8:46AM Bernanke: Low rates part of long-term trend CNBC - 8:46AM US consumer spending rises; savings at 2-year high CNBC - 1:05AM Rent or buy? Depends on your 'horizon': Zillow Calculated Risk Blog - 1:04AM Possible Upside Surprise for Pending Home Sales Index Calculated Risk Blog - 1:04AM Merrill and Nomura Forecasts for March Employment Report Bloomberg - 1:03AM How DIY Bond Traders Displaced Wall Street's Masters of Universe Calculated Risk Blog - 1:03AM Monday: Personal Income and Outlays, Pending Home Sales, Dallas Fed Mfg CNBC - 1:03AM Dollar subdued as Fed drives home patience message www.wsj.com - 12:59AM White House Stays Course on Homeownership Push Bloomberg - 12:59AM Bond Market Inflation Outlook Picks Up Even as Price Data Lag The Big Picture - 12:58AM The Future of the U.S. Housing Finance System: Bringing the U.S. Residential Mortgage Finance System into the 21st Century Today's Rates Best Execution Rate Change 30 Yr FRM 3.75% -0.04 15 Yr FRM 3.05% -0.03 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.62% -0.05 5/1 Yr ARM 3.13% -0.03 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 3.0 102.08 +0.13 30YR FNMA 3.5 104.89 +0.08 30YR GNMA 3.0 102.73 +0.05 30YR GNMA 3.5 105.16 +0.09 15YR FNMA 3.0 104.69 +0.09 15YR FNMA 2.5 102.52 +0.11 Treasuries Yield Change 2 YR 0.5866% -0.0078 5 YR 1.4140% -0.0146 10 YR 1.9545% +0.0000 30 YR 2.5540% +0.0226 Prices as of: 3/30/2015 4:30PM 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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