Daily Newsletter: Mortgage Rates Pummeled. Worst Might Not Be Over; TRID Enforcement Delay; Mortgage Apps Tumble

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30 Year Fixed 4.10%   +0.06 15 Year Fixed 3.33%   +0.06 10YR Treasury 2.36%   +0.1000 FNMA 30YR 3.5 103.13   -0.63 FNMA 15YR 2.5 103.61   -0.41 View Today's Rates

Wednesday June 3, 2015 Mortgage Rate Watch - 6:18PM Mortgage Rates Pummeled. Worst Might Not Be Over Mortgage rates had an awful day today , and they were among the lucky ones. The true pain emanated from Europe, as has been the case so many times in recent years. In that regard, mortgage ... MND NewsWire - 2:54PM CFPB NOT Delaying Implementation of TRID, Just Enforcement I am here in Denver and had the opportunity this morning to hear MBA President Dave Stevens, under the direction of CFPB Director Richard Cordray, announce an update to the TRID changes ... MBS Commentary - 1:00PM MBS MID-DAY: Why are Bond Markets Getting Destroyed Today?! This morning's commentary said " things get serious ," and that we could well expect to depart the recent range in a big way . Now, we are. 10yr yields are already up to 2.373--a new ... MND NewsWire - 10:02AM Holiday Trumps Rates as Mortgage Applications Tumble The week ended May 29 was another of those holiday shortened weeks when the most relevant comment that can be made about mortgage application numbers is probably 'Never mind!" The Mortgage ... MBS RECAP: The Real Drama is in Europe, but Little to do with Greece Chase Layoffs; Nationstar Lawsuit; Profits Per Loan in 1st Quarter; Big Fannie Seller Changes MBS Day Ahead: Things Get Serious Latest Video Santelli: It doesn't get more volatile than this Fed 'seen enough' for hike later this year: Clarida Why mortgage apps dipped More News from 'Around the Web' www.builderonline.com - 5:05PM Lennar CEO: The Housing Recovery is on "a Pretty Low Slope" Bloomberg - 5:04PM Wall Street Sounds Bond Warning as Holdings Shift Sparks Concern WSJ - 3:10PM New-Home Buyers' Wish List: More Bedrooms, Bathrooms, Patios mba.informz.net - 2:57PM Stevens' Statement on CFPB Delaying Enforcement of TRID CNBC - 2:22PM Bond yields screaming higher Calculated Risk Blog - 2:18PM Fed's Beige Book: Economic Activity Expanded, Respondents "generally optimistic" CNBC - 1:37PM Traders top thoughts on the rising 10-year yield Market Watch - 1:36PM Gundlach: Federal Reserve won't raise interest rates this year CNBC - 1:36PM Fed policy helping rich get richer: BlackRock pro Calculated Risk Blog - 10:20AM ISM Non-Manufacturing Index decreased to 55.7% in May Bloomberg - 10:20AM Pimco Sees Heightened Risk of Flash Crashes, Market Volatility Bloomberg - 10:17AM German Yield at 2015 High as Draghi Says Get Used to Volatility CNBC - 8:57AM Weekly mortgage applications plunge Bloomberg - 8:39AM Trade Gap in U.S. Narrows More Than Forecast as Imports Recede CNBC - 8:23AM Service sector boosted jobs picture in May: ADP WSJ - 1:51AM San Francisco to Vote on Luxury Housing Moratorium Calculated Risk Blog - 1:49AM Wednesday: Trade Deficit, ADP Employment, ISM Non-Mfg Index, Beige Book Bloomberg - 1:49AM Bonds Are Tumbling and It's Not Just Because of the Economy Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.06 15 Yr FRM 3.33% +0.06 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.92% +0.07 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 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 +0.03 15 Yr. Fixed 3.11% 0.50 +0.06 1 Yr. ARM 2.50% 0.30 -0.01 5/1 Yr. ARM 2.90% 0.50 +0.02 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 99.59 -0.80 30YR FNMA 3.5 103.13 -0.63 30YR GNMA 3.0 100.80 -0.66 30YR GNMA 3.5 103.55 -0.58 15YR FNMA 3.0 103.61 -0.41 15YR FNMA 2.5 101.17 -0.50 Treasuries Yield Change 2 YR 0.6725% +0.0159 5 YR 1.6869% +0.0790 10 YR 2.3642% +0.1000 30 YR 3.1013% +0.0862 Prices as of: 6/3/2015 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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