Daily Newsletter: Mortgage Rates Little-Changed With Fed Looming; Builder Confidence Surges; Buyers "Serious and Committed"

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30 Year Fixed 4.12%   +0.00 15 Year Fixed 3.31%   +0.00 10YR Treasury 2.36%   -0.0323 FNMA 30YR 3.5 102.78   +0.06 FNMA 15YR 2.5 103.25   -0.28 View Today's Rates

Monday June 15, 2015 Mortgage Rate Watch - 6:24PM Mortgage Rates Little-Changed With Fed Looming The Fed doesn't set mortgage rates , but changes in Fed policy are more than capable of sending shockwaves through the markets that affect mortgage rates. In all but rare cases, easy ... MND NewsWire - 10:55AM Builder Confidence Surges; Buyers "Serious and Committed" Builder's demonstrated the highest confidence in the market for newly built homes in nearly a year this month as the Housing Market Index (HMI) published by the National Association ... MBS Commentary - 7:33AM MBS Week Ahead: Big Fed Week And Street Hockey With Bunds This is one of the biggest weeks of the year. The main reason for that is Wednesday's series of FOMC events. At every other meeting, the Fed adds two important ingredients to their ... Pipeline Press - 10:21AM TRID for the Public; Primer on Hedging: Changes Facing Residential Lending; Builders to Merge A recent MBA "Chart of the Week" bears repeating since it reminds us just how much a borrower pays for a home loan when it closes. (Think about how much it costs for a car loan or furniture ... MBS RECAP: Headlines Full of Sound and Fury, Signifying Nothing to Bond Markets MBS MID-DAY: Bond Markets Slipping a Bit After Strong Morning FHA Revises Reverse Mortgage Rules for Surviving Spouses Latest Video Santelli Exchange: Next recession? Santelli: Rates slip Homebuilder confidence highest of year More News from 'Around the Web' IMF - 5:15PM IMF Survey: How Best to Manage a Housing Boom The Big Picture - 3:37PM 2015 Two-Bedroom Rental Unit Housing Wage Calculated Risk Blog - 3:37PM Update: Real Estate Agent Boom and Bust www.cfpbmonitor.com - 3:24PM Company that entered into CFPB consent order loses motion to dismiss class action CNBC - 1:00PM Forget Greece, global bounce coming: Pro Reuters - 1:00PM Fed on track for September rate hike as economy picks up: Reuters poll Bloomberg - 12:59PM C'mon Greece, You're Making It Tougher for the Fed to Hike Rates Bloomberg - 10:57AM IMF Study Finds Reducing Income Inequality Gives Boost to Growth CNBC - 10:57AM 'The ball lies firmly with Greece': ECB's Draghi Calculated Risk Blog - 10:23AM NAHB: Builder Confidence increased to 59 in June Calculated Risk Blog - 10:01AM Fed: Industrial Production decreased 0.2% in May CNBC - 10:01AM Manufacturing, mining drag US industrial production WSJ - 9:54AM For Clues on Number of 2015 Rate Hikes, Watch the Fed's Dots WSJ - 9:54AM Fedspeak Cheatsheet: Fed Officials a Bit More Upbeat Ahead of Policy Meeting This Week WSJ - 9:15AM The Question for Home Builders: to Merge or to Wait? Bloomberg - 9:15AM Tale of Two Job Markets Makes Fed's Liftoff Timing a Tough Call Bloomberg - 8:45AM Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters CNBC - 8:44AM Huge, historical bond move is upon us: Technician Today's Rates Best Execution Rate Change 30 Yr FRM 4.12% +0.00 15 Yr FRM 3.31% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.93% -0.01 5/1 Yr ARM 3.04% -0.01 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 4.07% 0.35 +0.03 15 Yr. Fixed 3.29% 0.24 +0.03 30 Yr. Jumbo 4.06% 0.29 +0.02 30 Yr. FHA 3.83% 0.16 +0.03 5/1 ARM 3.04% 0.48 +0.05 Freddie Mac ** 30 Yr. Fixed 4.04% 0.60 +0.17 15 Yr. Fixed 3.25% 0.60 +0.17 1 Yr. ARM 2.53% 0.20 -0.06 5/1 Yr. ARM 3.01% 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 99.30 +0.08 30YR FNMA 3.5 102.78 +0.06 30YR GNMA 3.0 100.77 +0.02 30YR GNMA 3.5 103.59 0.00 15YR FNMA 3.0 103.25 -0.28 15YR FNMA 2.5 100.84 -0.19 Treasuries Yield Change 2 YR 0.7055% -0.0201 5 YR 1.7046% -0.0381 10 YR 2.3595% -0.0323 30 YR 3.0892% -0.0138 Prices as of: 6/15/2015 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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