Daily Newsletter: Mortgage Rates Slightly Lower; New Homes Sales Recover; Two Reports on Home Prices

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30 Year Fixed 3.97%   -0.01 15 Year Fixed 3.22%   -0.01 10YR Treasury 2.14%   -0.0738 FNMA 30YR 3.5 104.23   +0.23 FNMA 15YR 2.5 104.27   +0.17 View Today's Rates

Tuesday May 26, 2015 Mortgage Rate Watch - 5:20PM Mortgage Rates Slightly Lower Mortgage rates were just slightly lower in most cases today. Last Friday, rates did a bit better than the underlying market weakness would have suggested, and now today, they've done ... MND NewsWire - 11:00AM New Homes Sales Recover Some of March Losses New home sales beat most analyst expectations in April, rising 6.8 percent to a seasonally adjusted annual rate of 517,000 units and posting a 26.1 percent gain over the annual pace ... MND NewsWire - 10:28AM 35 Consecutive Months of Higher Home Prices, but No Bubble Fears The pace of price increases continued virtually unchanged in March with greater year-over-year appreciation in ten of the 20 cities tracked by S&P Dow Jones Indices than in February ... MND NewsWire - 12:28PM FHFA Notes Less Aggressive Home Price Gains The numbers on home price trends for March from the Federal Housing Finance Agency (FHFA) were somewhat less aggressive that those also released on Tuesday from S&P Dow-Jones Case ... MBS MID-DAY: Bonds Benefiting on Multiple Fronts TRID News; eClosing Update; First Time Home Buyer Numbers MBS Week Ahead: Fewer Days, but Potentially Greater Significance Latest Video Santelli Exchange: Housing headwinds Home sales on the rise again Santelli: Rates acting stubborn More News from 'Around the Web' freddiemac.mwnewsroom.com - 5:56PM Freddie Mac Executes Its Third Sale in 2015 of Seriously Delinquent Loans From Its Investment Portfolio WSJ - 5:56PM Fed's Yellen Plans to Skip This Year's Jackson Hole Conference WSJ - 5:56PM Housing Bubble? Despite Rising Prices, Most Economists Still Say No Bloomberg - 3:29PM New US Home Sales May Rise 10% This Year, Brown Says CNBC - 3:28PM Higher rates soon: Portfolio manager Calculated Risk Blog - 3:28PM Real Prices and Price-to-Rent Ratio in March Reuters - 1:33PM Fed must consider global impact when raising rates: Fischer CNBC - 1:32PM Fed's Fischer: Markets should be ready for hikes rss.nytimes.com - 11:35AM Jury Is Still Out on European Central Bank's Stimulus Program Reuters - 10:44AM U.S. consumer confidence rises in May Reuters - 10:30AM U.S. new home sales, prices rise strongly in April CNBC - 8:49AM US business spending plans rise solidly in April CNBC - 8:47AM The Fed is not 'walking the talk' Bloomberg - 8:47AM Bond Traders Uncover Secret to Rates That Fed Just Doesn't Get www.freddiemac.com - 8:44AM Rep and Warranty Relief Begins with the Right Technology Bloomberg - 8:44AM The Simple Reason Why Everyone Wants New Corporate Bonds Today's Rates Best Execution Rate Change 30 Yr FRM 3.97% -0.01 15 Yr FRM 3.22% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.79% -0.01 5/1 Yr ARM 2.98% +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 4.04% 0.32 +0.04 15 Yr. Fixed 3.26% 0.30 +0.03 30 Yr. Jumbo 4.04% 0.25 +0.05 30 Yr. FHA 3.80% 0.06 +0.04 5/1 ARM 2.99% 0.45 -0.01 Freddie Mac ** 30 Yr. Fixed 3.84% 0.70 -0.01 15 Yr. Fixed 3.05% 0.60 -0.02 1 Yr. ARM 2.51% 0.40 +0.03 5/1 Yr. ARM 2.88% 0.50 -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 3.0 101.08 +0.33 30YR FNMA 3.5 104.23 +0.23 30YR GNMA 3.0 102.02 +0.27 30YR GNMA 3.5 104.55 +0.23 15YR FNMA 3.0 104.27 +0.17 15YR FNMA 2.5 101.95 +0.17 Treasuries Yield Change 2 YR 0.6143% -0.0040 5 YR 1.5236% -0.0381 10 YR 2.1407% -0.0738 30 YR 2.8996% -0.0861 Prices as of: 5/26/2015 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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