Daily Newsletter: Upbeat Housing Forecast from Fannie; Rates Grind Lower; Freddie Vets Low-Downpayment Loan; MBA Origination Forecast

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30 Year Fixed 4.03%   -0.01 15 Year Fixed 3.22%   -0.01 10YR Treasury 2.27%   -0.0558 FNMA 30YR 3.5 103.31   +0.19 FNMA 15YR 2.5 103.45   +0.03 View Today's Rates

Thursday July 23, 2015 MND NewsWire - 9:38AM Substantial Increase in Mortgage Origination Forecasts -MBA Mortgage Bankers Association (MBA) economists joined in the recent surge of housing optimism Wednesday, increasing their projections for mortgage originations both this year and next ... MND NewsWire - 3:20PM Fannie Mae Upbeat on Housing, Economy in 2nd Half Despite improved consumer spending and stronger residential and non-residential investments Fannie Mae's Economic and Strategic Research team are holding to their earlier forecasts ... MND NewsWire - 9:36AM Freddie Mac Housing Outlook Focuses on Vetting Low Down-Payment Loan It is different this time. At least that's the contention of the writers of this month's Economic and Housing Outlook regarding new low downpayment mortgages. Freddie Mac's Office of ... Mortgage Rate Watch - 6:15PM Mortgage Rates Grind Out Another Small Victory Mortgage rates are looking like they've exhausted the playbook in terms of making big moves down the field, yet they continue to pick up a few yards every play. Today was one of the ... MBS RECAP: Strong Data No Match for Global Growth Concerns Good News but Old Story, Foreclosures Down Again Housing Market on Fire; Zions & Wells layoffs; Yield Curve Changing Slope - Why? MBS Day Ahead: Age Old Fallacy That Sometimes Holds True Latest Video Homes sell at a blistering pace Changes on the home front? Santelli: U-turn session for Treasurys More News from 'Around the Web' freddiemac.mwnewsroom.com - 5:01PM Freddie Mac Issues Monthly Volume Summary for June 2015 CNBC - 4:11PM Home prices as high as the temperature in Dallas Bloomberg - 4:10PM Yellen Fed's Independence Under Attack Despite Economic Rebound CNBC - 12:40PM Strong housing to reverse: Redfin Market Watch - 12:40PM Is this what will push millennials into the housing market? Market Watch - 11:20AM Fannie Mae ups its outlook for home sales CNBC - 11:20AM Hamptons real estate sales slowing down freddiemac.mwnewsroom.com - 10:29AM Mortgage Rates Dip www.realtor.com - 10:29AM Jumbo-Loan Market Remains Strong in First Half of 2015 CNBC - 9:04AM Weekly jobless claims drop to lowest level since '73 www.realtor.com - 9:03AM Don't Lose Faith, Would-Be Home Buyers: It Will Get Better Market Watch - 9:02AM PulteGroup profit beats, but revenue falls short Bloomberg - 9:02AM U.S. Housing Data Really Strong: Caron CNBC - 12:09AM CNBC Exclusive Interview with Blackstone's Jonathan Gray 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% +0.00 5/1 Yr ARM 3.02% -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 99.97 +0.22 30YR FNMA 3.5 103.31 +0.19 30YR GNMA 3.0 101.13 +0.09 30YR GNMA 3.5 103.97 +0.13 15YR FNMA 3.0 103.45 +0.03 15YR FNMA 2.5 101.08 +0.06 Treasuries Yield Change 2 YR 0.6983% -0.0121 5 YR 1.6365% -0.0364 10 YR 2.2731% -0.0558 30 YR 2.9729% -0.0702 Prices as of: 7/23/2015 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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