Daily Newsletter: Mortgage Rates End Week at Recent Highs; Program for Disabled/Seniors' Families; Distressed Sales to Remain Elevated

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30 Year Fixed 4.14%   +0.06 15 Year Fixed 3.31%   +0.05 10YR Treasury 2.40%   +0.0978 FNMA 30YR 3.5 102.72   -0.38 FNMA 15YR 2.5 103.38   -0.27 View Today's Rates

Friday July 10, 2015 Mortgage Rate Watch - 5:42PM Mortgage Rates End Week at Recent Highs Mortgage rates move sharply higher for a 2nd straight day, now fully erasing all of the improvement seen since July 1st. The same risky, volatile overseas events that helped rates fall ... Community Commentary - 1:01PM Fannie Program Helps Disabled/Seniors' Families Purchase Homes One of the biggest challenges (and greatest opportunities) loan officers face today is the maze of constantly changing guidelines, programs, and policies. The rewards of these opportunities ... MND NewsWire - 11:18AM Distressed Sales to Remain Elevated until 2017 While the share of home sales accounted for by distressed properties continues to drift lower, only two states are approaching what could be considered normal levels. CoreLogic said ... MND NewsWire - 11:12AM HUD Offers New Tools for Fair Housing Compliance The Department of Housing and Urban Development (HUD) has announced a final rule to help communities that receive HUD funds meet their fair housing obligations in their use. While the ... MBS MID-DAY: As Greek Process Stays on Target, Markets Brace for Impact Google's Mortgage Investment; Bank M&A; Hedging Servicing? MBS Day Ahead: Last Day to Get Off Train Before it Gets Crazy Latest Video Greek parliament to vote today on bailout proposal Fed Chair: Greece source of uncertainty for US Santelli: Market roller coaster ride More News from 'Around the Web' WSJ - 4:30PM Are Americans Working Less Than the Rest of the World? Calculated Risk Blog - 4:27PM Sacramento Housing in June: Sales up 22%, Inventory down 10% YoY CNBC - 4:27PM Trader bets on more pain for bonds CNN - 2:23PM Germans pressure Merkel to say 'no' to Greece WSJ - 2:21PM Fed's Rosengren Worries About Overseas Events, But Still Eyes 2015 Rate Rise U.S. Economic Outlook Reuters - 1:01PM Fed's Yellen says expects rate hike this year, but cites labor weakness Calculated Risk Blog - 1:01PM FNC: Residential Property Values increased 5.4% year-over-year in May WSJ - 1:00PM 5 Quotes from Janet Yellen's Speech on the U.S. Economy Washington Post - 10:47AM Home sales in D.C. region reach housing boom heights CNBC - 10:47AM Markets cheer Greece, China: So is the drama over? webfeeds.brookings.edu - 8:53AM Global saving glut, monetary policy, and housing bubble: Further Evidence Market Watch - 8:49AM Decision on Greece 'probably today', says Dijsselbloem Market Watch - 8:47AM Investors flock to southern European debt on Greek deal optimism CNBC - 8:46AM Fed doesn't have 'smoking gun' it needs: Rosenberg CNBC - 12:12AM Traders fear Greece, watching Yellen Today's Rates Best Execution Rate Change 30 Yr FRM 4.14% +0.06 15 Yr FRM 3.31% +0.05 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.92% +0.05 5/1 Yr ARM 3.09% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.26% 1.25 -0.06 30 Yr. Fixed 3.90% 1.28 -0.03 MBA ** 30 Yr. Fixed 4.23% 0.37 -0.03 15 Yr. Fixed 3.41% 0.31 -0.03 30 Yr. Jumbo 4.18% 0.30 -0.03 30 Yr. FHA 4.01% 0.18 -0.03 5/1 ARM 3.03% 0.37 -0.06 Freddie Mac ** 30 Yr. Fixed 4.04% 0.60 -0.04 15 Yr. Fixed 3.20% 0.50 -0.04 1 Yr. ARM 2.50% 0.30 -0.02 5/1 Yr. ARM 2.93% 0.40 -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 99.33 -0.44 30YR FNMA 3.5 102.72 -0.38 30YR GNMA 3.0 100.55 -0.38 30YR GNMA 3.5 103.38 -0.31 15YR FNMA 3.0 103.38 -0.27 15YR FNMA 2.5 100.94 -0.33 Treasuries Yield Change 2 YR 0.6450% +0.0599 5 YR 1.6595% +0.0870 10 YR 2.4009% +0.0978 30 YR 3.1933% +0.0934 Prices as of: 7/10/2015 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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