Daily Newsletter: Mortgage Rates Still Pushing 2015 Highs; CFPB Fines 3rd Lender for LOC; Post Holiday Bounce for Mortgage Apps

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30 Year Fixed 4.18%   +0.05 15 Year Fixed 3.38%   +0.04 10YR Treasury 2.49%   +0.0491 FNMA 30YR 3.5 102.22   -0.52 FNMA 15YR 2.5 103.17   -0.09 View Today's Rates

Wednesday June 10, 2015 Mortgage Rate Watch - 5:25PM Mortgage Rates Still Pushing 2015 Highs Mortgage rates continued pressing into new highs for 2015. Most lenders are now quoting conventional 30yr fixed rates 4.25% on top tier scenarios. While this was already the case for ... MND NewsWire - 2:55PM Third California Lender Fined for LOC Violations For the third time this month a mortgage company, this one in the process of dissolution , has been charged with violating the Loan Originator Compensation (LOC) Rule. The Consumer ... MND NewsWire - 9:50AM Mortgage Apps Enjoy Post Holiday Bounce Americans got back to work during the week ended June 5 and mortgage applications rebounded significantly . Volume made up the ground lost during the previous holiday shortened week ... MBS Commentary - 5:26PM MBS RECAP: Another Push to Worst Levels of 2015 for Bonds Another day, another chance for bond markets to continue their selling spree. It began in a bad way, no matter when you woke up . Asian markets only traded Treasuries modestly higher ... MBS MID-DAY: Another Chance to Almost Completely Disregard Hyperfocus on Greece Thoughts on What Kind of Lender Will Survive & Thrive in a No-Growth Industry MBS Day Ahead: Long Term MBS Trend Now Convincingly Broken Latest Video Different rate hike cycle than past: Pro Santelli: Rates up, dollar down Treasury auctions 10-year notes More News from 'Around the Web' www.realtor.com - 4:55PM Aspiring Homeowners Need Prozac, Report Finds—or Maybe Just More Affordable Housing Reuters - 2:26PM U.S. services data suggest upward revision to first-quarter GDP Reuters - 2:25PM U.S. posts budget deficit of $82.4 billion in May CNN - 12:26PM America's bond king wants to borrow 'a quintillion dollars' Bloomberg - 12:24PM Europe's Bondholders Get No Solace From United ECB Policy Makers Bloomberg - 12:24PM Negative Rates on $1.5 Trillion of Debt Become Thing of the Past WSJ - 12:16PM U.S. Manufacturers Temper Expectations for Hiring and Investment CNBC - 11:00AM 79% say the middle class is shrinking Calculated Risk Blog - 10:59AM FNC: Residential Property Values increased 5.3% year-over-year in April Reuters - 9:18AM Pressing for Greek concessions, Merkel and Hollande keep Tsipras waiting CNBC - 9:17AM US Treasurys stumble as Bund yield hits 1% CNBC - 9:13AM Borrowers rush to buy homes as rates spike Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% +0.05 15 Yr FRM 3.38% +0.04 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.99% +0.05 5/1 Yr ARM 3.05% +0.05 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 3.87% 0.60 +0.00 15 Yr. Fixed 3.08% 0.50 -0.03 1 Yr. ARM 2.59% 0.20 +0.09 5/1 Yr. ARM 2.96% 0.50 +0.06 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 98.53 -0.56 30YR FNMA 3.5 102.22 -0.52 30YR GNMA 3.0 100.09 -0.23 30YR GNMA 3.5 103.09 -0.17 15YR FNMA 3.0 103.17 -0.09 15YR FNMA 2.5 100.55 -0.16 Treasuries Yield Change 2 YR 0.7290% +0.0081 5 YR 1.7870% +0.0333 10 YR 2.4857% +0.0491 30 YR 3.2156% +0.0468 Prices as of: 6/10/2015 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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