Daily Newsletter: Mortgage Rates Trickle Down to July Lows; Big Drop in New Home Sales

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30 Year Fixed 4.02%   -0.01 15 Year Fixed 3.21%   -0.01 10YR Treasury 2.26%   -0.0125 FNMA 30YR 3.5 103.28   -0.03 FNMA 15YR 2.5 103.44   -0.02 View Today's Rates

Friday July 24, 2015 Mortgage Rate Watch - 5:32PM Mortgage Rates Trickle Down to July Lows Mortgage rates barely budged for an impressive 7th straight day. Refreshingly, all but one of those days have seen rates budge slightly lower. In fact, today's budging was just enough ... MND NewsWire - 10:56AM No Joy in New Home News The report this morning on June new home sales blunted much of the optimism generated by yesterday's news about existing home sales. The Census Bureau and the Department of Housing ... Pipeline Press - 11:28AM Vendor & MI updates; FDIC's Banamex Civil Penalty; Moody's Admits Error Underwriting is teamwork, and teamwork is the fuel that allows common people to achieve uncommon results, provided they don't mind you calling them "common people". MBA's July 10 th ... MBS Commentary - 7:33AM MBS Day Ahead: What if 2015 Doesn't Turn Out to be The Big Bounce? What if it's all not enough--the multiple iterations of QE at home, ongoing QE abroad, ultra low rates for longer than they've ever been ultra low, and a generally consumer-friendly ... MBS RECAP: Bond Drift Sideways Into Weekend Substantial Increase in Mortgage Origination Forecasts -MBA Latest Video 22 banks face lawsuit New home sales down 6.8% in June New home sales down but housing still healthy: Pro More News from 'Around the Web' CNBC - 5:00PM 'Rising confidence' helping housing: Pimco exec rss.nytimes.com - 3:54PM Salary Gap Widens as Top Workers in Specialized Fields Reap Rewards Calculated Risk Blog - 3:51PM Nomura on Q2 GDP and Annual Revision Market Watch - 1:39PM Boston public retirees sue major banks over price gouging on U.S. bonds Market Watch - 12:07PM Rare glimpse inside Fed shows staff expects funds rate to reach 0.35% in the fourth quarter freddiemac.mwnewsroom.com - 10:48AM Freddie Mac Prices $98 Million Q-Deal Multifamily Securities Offering Reuters - 10:17AM U.S. new home sales fall to seven-month low Reuters - 8:59AM Lawsuit accuses 22 banks of manipulating U.S. Treasury auctions Reuters - 8:45AM Greece loosens capital restrictions on businesses Reuters - 8:45AM ECB's Noyer says Grexit risk has subsided Market Watch - 8:45AM What real estate in the Hamptons says about the economy 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 3.0 100.03 +0.06 30YR FNMA 3.5 103.28 -0.03 30YR GNMA 3.0 101.13 0.00 30YR GNMA 3.5 103.94 -0.03 15YR FNMA 3.0 103.44 -0.02 15YR FNMA 2.5 101.06 -0.02 Treasuries Yield Change 2 YR 0.6822% -0.0161 5 YR 1.6166% -0.0199 10 YR 2.2606% -0.0125 30 YR 2.9594% -0.0064 Prices as of: 7/24/2015 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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