Daily Newsletter: Pending Sales Pull Back; Mortgage Rates Barely Budge After Fed; Refi Demand Trickles Along Recent Lows

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30 Year Fixed 4.03%   +0.01 15 Year Fixed 3.22%   +0.01 10YR Treasury 2.28%   +0.0306 FNMA 30YR 3.5 103.28   -0.14 FNMA 15YR 2.5 103.50   -0.09 View Today's Rates

Wednesday July 29, 2015 Mortgage Rate Watch - 5:10PM Mortgage Rates Barely Budge After Fed Announcement Mortgage rates had an exceptionally boring day despite the presence of the Fed Announcement. Major communications from the Fed (which include announcements, meeting minutes, and certain ... MND NewsWire - 10:13AM June sees Pull-Back in Pending Sales Pending home sales dipped slightly in June, ending five straight months of increases. The National Association of Realtors® (NAR) said today that pending sales were down 1.8 percent ... MND NewsWire - 9:09AM Modest Uptick in Refinancing After Modest Drop in Rates Perhaps consumers viewed the recent retreat in rates as their last chance to refinance before the Fed starts ratcheting up rates - maybe today, maybe in September, but mortgage applications ... Pipeline Press - 11:11AM Wells Business Channel Rumor; Conventional Conforming Updates Never Cease I ain't one that puts much creed into book learnin'. But somes, I'm guessin', do. The Mortgage Bankers Association will be offering a Path to Diversity & Inclusion Scholarship to ... MBS Day Ahead: Last FOMC Meeting Before Rate Hike Becomes Real Risk Latest Video Sept. rate hike more likely: Pro Fed on hold longer than expected: Economist Why this BlackRock strategist expects September rate hike... More News from 'Around the Web' WSJ - 5:36PM 'Boomerang' Millennials Get Cozy at Home CNBC - 3:34PM What changed in new Fed statement Bloomberg - 3:33PM Liquidity-Obsessed Bond Buyers Taking Action to Protect Funds Bloomberg - 3:33PM Why Rent-to-Own Homes Are Making a Comeback www.realtor.com - 3:33PM Whether They Rent or Buy, Millennials Don't Want to Drive WSJ - 1:48PM The Shaky Foundation For U.S. Housing-Price Growth Market Watch - 1:48PM Christine Lagarde plays down beef with Janet Yellen over rate-hike timing CNBC - 11:23AM Analyzing every word Yellen has said Market Watch - 11:22AM 72% of struggling borrowers rejected from federal mortgage-assistance program WSJ - 8:47AM A Split Decision Looms from Fed on Job and Inflation Goals CNBC - 8:47AM Play defense ahead of Fed rate hike: Strategist Today's Rates Best Execution Rate Change 30 Yr FRM 4.03% +0.01 15 Yr FRM 3.22% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.80% +0.01 5/1 Yr ARM 3.03% -0.01 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 3.0 100.05 -0.14 30YR FNMA 3.5 103.28 -0.14 30YR GNMA 3.0 101.13 -0.13 30YR GNMA 3.5 103.83 -0.20 15YR FNMA 3.0 103.50 -0.09 15YR FNMA 2.5 101.14 -0.11 Treasuries Yield Change 2 YR 0.7078% +0.0378 5 YR 1.6133% +0.0215 10 YR 2.2823% +0.0306 30 YR 2.9983% +0.0333 Prices as of: 7/29/2015 4:51PM 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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