Daily Newsletter: Rates Pushing July Lows; More Metros Cresting Pre-Crash Peaks; Strong Dollar Deterring Foreign Buyers

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30 Year Fixed 4.01%   -0.01 15 Year Fixed 3.20%   -0.01 10YR Treasury 2.22%   -0.0413 FNMA 30YR 3.5 103.45   +0.17 FNMA 15YR 2.5 103.61   +0.17 View Today's Rates

Monday July 27, 2015 Mortgage Rate Watch - 4:48PM Mortgage Rates Continue Pushing July Lows Mortgage rates continued modestly lower for the 5th straight day, further extending Friday's push to the lowest levels of July. Even so, most borrowers will see the same rates on lenders ... MND NewsWire - 1:10PM More States, Metros Exceed Pre-Crash Price Peaks Another report shows home price values in May close to, if not exceeding, those prior to the housing crisis. The latest, from Black Knight Financial Services, shows that home prices ... MND NewsWire - 1:03PM Strong Dollar Deterring Foreign Home Buyers While home sales are sailing, recently closing in on numbers last seen before the Great Recession, CoreLogic Senior Economist Frank Nothaft, points out that one group of buyers is sitting ... MBS Commentary - 7:33AM MBS Week Ahead: Important Week in Determining Longer-Term Outlook The last 2 weeks have been woefully uneventful and moderately positive for bond markets. Each week saw modest losses on Monday and gains on each subsequent day. Not only were these ... Flood Insurance News; VA Changes; Jumbo Trends MBS MID-DAY: Bond Markets Hold Moderate Overnight Gains as Stocks Sell Latest Video Closing Bell Exchange: China selloff What the Fed staff projects Santelli Exchange: Markets are tough to understand More News from 'Around the Web' www.builderonline.com - 3:00PM Student Debt isn't Stopping Millennials from Buying NY Fed - 1:14PM Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays www.cfpbmonitor.com - 11:11AM Challenge to CFPB's constitutionality reemerges Calculated Risk Blog - 11:11AM Dallas Fed: "Texas Manufacturing Slump Moderates" Calculated Risk Blog - 9:26AM Black Knight: House Price Index up 1.1% in May, 5.1% year-over-year CNBC - 8:39AM Business capital spending gauge rebounds www.realtor.com - 8:36AM Median-Priced Homes: What You Can Buy Right Now for $232,000 www.freddiemac.com - 8:34AM We All Benefit from Affordable Rental Housing, but It's Harder to Find CNBC - 8:32AM Treasurys on firm footing, Fed in focus Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% -0.01 15 Yr FRM 3.20% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.78% -0.01 5/1 Yr ARM 3.02% -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 3.0 100.22 +0.19 30YR FNMA 3.5 103.45 +0.17 30YR GNMA 3.0 101.30 +0.17 30YR GNMA 3.5 104.06 +0.13 15YR FNMA 3.0 103.61 +0.17 15YR FNMA 2.5 101.30 +0.23 Treasuries Yield Change 2 YR 0.6536% -0.0286 5 YR 1.5653% -0.0513 10 YR 2.2193% -0.0413 30 YR 2.9351% -0.0212 Prices as of: 7/27/2015 4:30PM 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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