Daily Newsletter: Mortgage Rates Keep Pushing 2015 Highs; Foreclosure Shift Increasingly Evident; How Much Pain in Store for Bonds?; Mortgage Credit Eases Slightly

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30 Year Fixed 4.02%   +0.04 15 Year Fixed 3.26%   +0.02 10YR Treasury 2.25%   -0.0326 FNMA 30YR 3.5 103.86   -0.09 FNMA 15YR 2.5 104.23   +0.14 View Today's Rates

Tuesday May 12, 2015 Mortgage Rate Watch - 3:55PM Mortgage Rates Keep Pushing 2015 Highs Mortgage rates moved disconcertingly higher again today, despite the fact that underlying market levels actually improved during the day. Guaranteeing rates in such a volatile environment ... MND NewsWire - 10:56AM Foreclosure Shift Increasingly Evident While the decline in foreclosure activity is still ragged on a month-to-month basis significant changes are increasingly evident year-over-year. CoreLogic said today that the number ... MBS Commentary - 7:34AM MBS Day Ahead: How Much Pain Ahead for Bonds? Let's Ask 2013 In some ways and in some instances , past precedent can have some sort of predictive value. 9 times out of 10 though, it's only the sort of thing that comes up with the benefit of hindsight ... MND NewsWire - 10:50AM 203K, VA, and Jumbos Help Credit Availability in April Incremental increases in credit access continued in April according to the Mortgage Bankers Association's Credit Availability Index (MCAI). The Index increased 0.5 percent month-over ... MBS MID-DAY: One Fringe Benefit of Opening Horribly Weaker: Reprices Come Easy Notable Changes to State Lending Laws - And What is a Spite Fence? Latest Video Next move for bonds Mortgage rates rising Bond market rout More News from 'Around the Web' CNBC - 4:47PM Why Treasury yields could be topping Market Watch - 4:45PM Capitol Report: Shelby bill douses hopes for Fannie, Freddie investors Market Watch - 2:37PM Fed's Williams wants rate hike a 'bit earlier' Calculated Risk Blog - 2:27PM NY Fed: Household Debt increased slightly in Q1 2015 Bloomberg - 2:27PM Blackstone Joins U.S. Bond Surge With its First Ever Euro Sale CNBC - 12:16PM Time for the Fed to test the waters? WSJ - 12:09PM Bond Market Plunge Shows How Stability Can Breed Instability CNBC - 10:30AM Rising bond yields are giving traders a headache WSJ - 10:28AM U.S. Job Openings Slide As Hires, Separations Rise WSJ - 9:01AM Fed's Dudley: Markets Shouldn't Be Surprised When Fed Hikes Rates CNBC - 8:53AM How the Treasury selloff could turn 'chaotic' Bloomberg - 8:53AM German Bonds Still Green This Year Suggest Rout Not Yet Over www.gallup.com - 8:51AM U.S. Economic Confidence Index Rebounds to -5 www.cfpbmonitor.com - 8:51AM CFPB issues compliance bulletin on unlawful discrimination based on receipt of mortgage assistance www.cfpbmonitor.com - 8:51AM CFPB files complaint against companies offering mortgage payment program Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% +0.04 15 Yr FRM 3.26% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.83% +0.02 5/1 Yr ARM 2.97% -0.03 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 3.93% 0.35 +0.08 15 Yr. Fixed 3.19% 0.30 +0.05 30 Yr. Jumbo 3.91% 0.24 +0.09 30 Yr. FHA 3.70% 0.21 +0.04 5/1 ARM 2.87% 0.33 -0.01 Freddie Mac ** 30 Yr. Fixed 3.80% 0.60 +0.12 15 Yr. Fixed 3.02% 0.60 +0.08 1 Yr. ARM 2.46% 0.40 -0.03 5/1 Yr. ARM 2.90% 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 3.0 100.50 -0.06 30YR FNMA 3.5 103.86 -0.09 30YR GNMA 3.0 101.84 +0.08 30YR GNMA 3.5 104.67 +0.13 15YR FNMA 3.0 104.23 +0.14 15YR FNMA 2.5 101.89 +0.05 Treasuries Yield Change 2 YR 0.6001% -0.0199 5 YR 1.5671% -0.0345 10 YR 2.2544% -0.0326 30 YR 3.0170% -0.0343 Prices as of: 5/12/2015 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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