Daily Newsletter: Mortgage Rates Sideways; Free DU; Delinquencies/Foreclosures Higher; Mortgage Apps Increase

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30 Year Fixed 4.14%   +0.00 15 Year Fixed 3.33%   +0.00 10YR Treasury 2.38%   -0.0325 FNMA 30YR 3.5 102.83   +0.19 FNMA 15YR 2.5 103.41   +0.06 View Today's Rates

Wednesday June 24, 2015 Mortgage Rate Watch - 5:17PM Mortgage Rates Sideways Despite Market Improvements Mortgage rates barely budged in most cases today. Some lenders were just slightly better. Others were worse. The average rate quote is unchanged vs yesterday with most lenders still ... Pipeline Press - 3:42PM Millennials - Rent, Jobs, & Diversity; Yes, Free DU, But There Are Compliance Tangles Free DU? You bet - Fannie couldn't let Freddie offer LP at no charge and not respond. "Beginning June 1, Fannie Mae will align DU and Desktop Originator (DO) to the no-fee approach ... MND NewsWire - 1:38PM Delinquencies, Foreclosures Rose in May There was a general increase in foreclosure activity in May according to Black Knight Financial Services. Its "First Look" at data that will be further explored when it publishes its ... MND NewsWire - 8:57AM Mortgage Apps Rise on Temporary Rate Retreat Mortgage applications, which posted eight declines in the last nine weeks, recovered a bit during the week ended June 19. The Mortgage Bankers Association (MBA) said mortgage applications ... More States Achieving Stable Status on Freddie's Housing Indicator MBS MID-DAY: Bond Markets Indecisively Holding a Narrow Range MBS Day Ahead: Big Picture Trumps Bond Market Brush Strokes Latest Video Waiting for a Greek deal Rental demand will soar to historic highs Lennar CEO: Housing comeback slow and steady More News from 'Around the Web' freddiemac.mwnewsroom.com - 5:10PM Freddie Mac Issues Monthly Volume Summary for May 2015 WSJ - 5:09PM Lennar Chief's 5 Themes For Housing www.philadelphiafed.org - 2:47PM GDPplus Updated www.builderonline.com - 1:23PM Harvard Study: Homeownership Hits Historic Lows WSJ - 1:23PM KB Home Spies More First-Timers www.builderonline.com - 1:12PM Fannie Mae Economist: Demographics Driving Housing Market CNBC - 11:17AM Wealthier boomers shun homeownership Washington Post - 10:18AM How renting became the new homeownership Calculated Risk Blog - 10:17AM AIA: Architecture Billings Index increased in May freddiemac.mwnewsroom.com - 10:17AM U.S. Housing Markets Strengthen www.builderonline.com - 10:17AM Lennar Beats 'The Street' on 2Q Results, on Strong Orders, Profit CNBC - 8:42AM US 1Q quarter GDP revised Bloomberg - 8:41AM German Bunds Climb as Tsipras Says Creditors Didn't Accept Plans CNBC - 8:40AM Mortgage applications make slow climb Market Watch - 8:39AM Borrowers with cheaper FHA mortgages buy pricier homes Today's Rates Best Execution Rate Change 30 Yr FRM 4.14% +0.00 15 Yr FRM 3.33% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.93% +0.00 5/1 Yr ARM 3.12% +0.00 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 4.00% 0.70 -0.04 15 Yr. Fixed 3.23% 0.50 -0.02 1 Yr. ARM 2.53% 0.20 +0.00 5/1 Yr. ARM 3.00% 0.40 -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 99.30 +0.17 30YR FNMA 3.5 102.83 +0.19 30YR GNMA 3.0 100.70 +0.19 30YR GNMA 3.5 103.42 +0.16 15YR FNMA 3.0 103.41 +0.06 15YR FNMA 2.5 101.00 +0.13 Treasuries Yield Change 2 YR 0.6841% +0.0062 5 YR 1.6706% -0.0232 10 YR 2.3780% -0.0325 30 YR 3.1565% -0.0433 Prices as of: 6/24/2015 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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