Daily Newsletter: Mortgage Rates Finally Buck Trend; Rental Vacancies Lowest in 20+ Years; Home Price Gains Likely to Slow

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30 Year Fixed 4.02%   +0.01 15 Year Fixed 3.21%   +0.01 10YR Treasury 2.25%   +0.0324 FNMA 30YR 3.5 103.42   -0.03 FNMA 15YR 2.5 103.59   -0.02 View Today's Rates

Tuesday July 28, 2015 Mortgage Rate Watch - 5:43PM Mortgage Rates Finally Buck Trend Mortgage rates bucked the recent trend of steady, modest improvements to end just slightly higher today. That said, the move was just as small as most recent examples, and barely returns ... MND NewsWire - 2:29PM Homeownership Continues Dismal Decline; Rentals Soar Homeownership declined yet again in the second quarter of 2015. The Census Bureau said that the national rate dropped from 63.7 percent in the first quarter to 63.4 percent in the second ... MND NewsWire - 10:42AM Home Price Gains More Likely to Slow Home price data from S&P Dow Jones Indices was mixed for May. All three of the Case-Shiller measures, the National Index and the 10-City and 20-City Composites increased from May ... Pipeline Press - 10:29AM CFPB Personnel Moves; Why Millennial's Rent is the LO's Best Friend Federal agencies have issued the final standards in regards to Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. We will see more regulators and ... MBS RECAP: As Far as Down Days Go, Not Too Bad MBS Day Ahead: Pull Back is Coming; Size Matters Latest Video Home ownership drops Santelli Exchange: Growth, Fed & yield curve Conviction slipping on September rate hike: Survey More News from 'Around the Web' Bloomberg - 4:24PM Fed Decision Day Guide: September Signals, Lacker Dissent, Jobs WSJ - 4:22PM 5 Things D.R. Horton's Results Tell Us About the New-Home Market CNBC - 3:26PM China not a major factor for Fed: Richard Fisher Fannie Mae - 2:15PM Fannie Selling Guide Update CNBC - 1:28PM Fed hike will 'crush' housing: Analyst CNBC - 10:48AM Home ownership rates drop to lowest since 1967 The Atlantic - 8:50AM The Myth of New Orleans's Affordability WSJ - 8:48AM Are Home Prices Again Breaking Records? Not Really Bloomberg - 11:16PM Treasuries Are Stars of the Markets as Traders See Deflation www.builderonline.com - 3:00PM Student Debt isn't Stopping Millennials from Buying Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% +0.01 15 Yr FRM 3.21% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.79% +0.01 5/1 Yr ARM 3.04% +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% 0.34 +0.00 15 Yr. Fixed 3.43% 0.34 +0.00 30 Yr. Jumbo 4.16% 0.33 -0.04 30 Yr. FHA 4.00% 0.17 -0.02 5/1 ARM 3.08% 0.41 -0.05 Freddie Mac ** 30 Yr. Fixed 4.04% 0.60 -0.05 15 Yr. Fixed 3.21% 0.60 -0.04 1 Yr. ARM 2.54% 0.30 +0.04 5/1 Yr. ARM 2.97% 0.50 +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 3.0 100.19 -0.03 30YR FNMA 3.5 103.42 -0.03 30YR GNMA 3.0 101.25 -0.05 30YR GNMA 3.5 104.03 -0.03 15YR FNMA 3.0 103.59 -0.02 15YR FNMA 2.5 101.25 -0.05 Treasuries Yield Change 2 YR 0.6700% +0.0164 5 YR 1.5918% +0.0265 10 YR 2.2517% +0.0324 30 YR 2.9650% +0.0174 Prices as of: 7/28/2015 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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