Daily Newsletter: Mortgage Rates Shoot to 1-Month Highs Ahead of Fed; Distressed Sales Near Normal; Widespread Home Price Gains; Selling Pressure in Bond Markets

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30 Year Fixed 3.79%   +0.08 15 Year Fixed 3.10%   +0.06 10YR Treasury 2.00%   +0.0738 FNMA 30YR 3.5 104.83   -0.28 FNMA 15YR 2.5 104.69   -0.17 View Today's Rates

Tuesday April 28, 2015 Mortgage Rate Watch - 4:08PM Mortgage Rates Shoot to 1-Month Highs Ahead of Fed Mortgage rates made it right to the doorstep of tomorrow's big-ticket events with very little movement over the past 5-6 weeks. Once at the doorstep, however, they began losing their ... MND NewsWire - 10:30AM Distressed Sales Closing in on "Normal" Levels While CoreLogic says February is typically a month in which distressed sales post a seasonal decline, real-estate owned (REO) and short sales this past February were the lowest for ... MND NewsWire - 10:27AM February Home Price Gains were Widespread S&P Dow Jones called February increases as measured by its Case-Shiller Home Price Indices "widespread." The National Home Price Index which covers all nine U.S. Census division ... MBS Commentary - 1:35PM MBS MID-DAY: Selling Pressure Picks Up Despite Econ data and Auction Consumer Confidence numbers were much weaker than expected this morning at 95.2 vs 102.5 forecast. Normally, this would be a big benefit for bonds. While it did provide a temporary ... MBS Day Ahead: Slightly More Data; Last Day Before Fed/GDP February Home Prices, Tale of Two Coasts Latest Video Heady home prices George Goncalves previews the Fed Cashin says: Stan Fischer wants to spook markets More News from 'Around the Web' Bloomberg - 4:35PM Gundlach Considers 100-Times Levered Wager Against German Bonds WSJ - 3:31PM Is The Government Suing Banks Out Of The Mortgage Market? Bloomberg - 3:31PM Oracle Joins Amgen in Planning $13.5 Billion of Bond Deals Washington Post - 2:25PM Commercial real estate boosts United Bankshares Bloomberg - 2:25PM Money Market Rates Suggest Investors Are Complacent as Fed Meets Bloomberg - 1:39PM ECB Dominates Greece Saga as Dijsselbloem Rejects Tsipras Charge WSJ - 11:01AM Why New Homes Have Become More Expensive: They're Much Bigger Bloomberg - 11:01AM Homeownership Rate U.S. Falls to 63.7%, Lowest Since 1993 CNBC - 11:00AM US Navy denies confrontation with Iranian military amid reports cargo vessel seized Reuters - 10:31AM U.S. consumer confidence sinks in April Market Watch - 9:48AM Ally Financial profit more than doubles Calculated Risk Blog - 9:43AM Case-Shiller: National House Price Index increased 4.2% year-over-year in February www.gallup.com - 1:36AM In U.S., Fewer Non-Homeowners Expect to Buy Home Calculated Risk Blog - 1:35AM Freddie Mac: Mortgage Serious Delinquency rate declined in March www.builderonline.com - 1:35AM Back on Top: FHA Sees Biggest Mortgage Market Share in Two Years freddiemac.mwnewsroom.com - 1:35AM Freddie Mac Issues Monthly Volume Summary for March 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% +0.08 15 Yr FRM 3.10% +0.06 FHA 30 Year Fixed 3.50% +0.15 Jumbo 30 Year Fixed 3.69% +0.06 5/1 Yr ARM 2.99% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.87% 0.38 +0.01 15 Yr. Fixed 3.16% 0.29 +0.01 30 Yr. Jumbo 3.84% 0.35 +0.03 30 Yr. FHA 3.67% 0.23 -0.02 5/1 ARM 2.82% 0.40 +0.06 Freddie Mac ** 30 Yr. Fixed 3.65% 0.60 -0.02 15 Yr. Fixed 2.92% 0.60 -0.02 1 Yr. ARM 2.44% 0.40 -0.02 5/1 Yr. ARM 2.84% 0.40 -0.04 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 3.0 101.88 -0.42 30YR FNMA 3.5 104.83 -0.28 30YR GNMA 3.0 102.69 -0.48 30YR GNMA 3.5 105.36 -0.34 15YR FNMA 3.0 104.69 -0.17 15YR FNMA 2.5 102.59 -0.20 Treasuries Yield Change 2 YR 0.5629% +0.0425 5 YR 1.4013% +0.0576 10 YR 2.0016% +0.0738 30 YR 2.7039% +0.0888 Prices as of: 4/28/2015 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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Daily Newsletter: Rates Still Sideways Ahead of Fed; Tale of Two Coasts for Home Prices; Attitudes Cool on Real Estate

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30 Year Fixed 3.71%   +0.00 15 Year Fixed 3.04%   +0.00 10YR Treasury 1.93%   +0.0157 FNMA 30YR 3.5 105.11   -0.08 FNMA 15YR 2.5 104.86   -0.06 View Today's Rates

Monday April 27, 2015 Mortgage Rate Watch - 3:55PM Mortgage Rates Continue Sideways Ahead of Fed Mortgage rates haven't been moving much lately, and today was no exception . Some lenders were a hair better than Friday while others were just a bit worse. On average, the most prevalently ... MND NewsWire - 3:15PM February Home Prices, Tale of Two Coasts U.S. home prices were up 0.7 percent from January to February according to the Home Price Index (HPI) report released by Black Knight Financial Services on Monday. The HPI was at $242 ... MND NewsWire - 10:59AM Real Estate Great Investment, but Maybe not Right Now - Gallup Although a press release last week about a Gallup survey showed Americans view real estate as a better long term investment than stocks, gold, savings accounts, or bonds, another report ... Pipeline Press - 9:07AM Higher Rents - Lender's Friend or Foe?; Upcoming Events; State-Level News "If the US had never landed on the moon in the 60s, there would be conspiracy theories claiming that we actually did." And while we're not talking about mortgage banking, this is National ... MBS MID-DAY: Bond Markets on Cruise Control, Holding Range and Little-Changed MBS Week Ahead: Consistently Busy Week With Big-Ticket Wednesday Latest Video Housing still a good investment: Blackstone CEO Building Houzz brick by digital brick 10-yr yield more likely to go down 1%: Guggenheim Partners CEO More News from 'Around the Web' CNBC - 4:09PM Financial sector 'rooting' for rate hike: Diamond CNBC - 2:04PM Home remodeling goes digital CNBC - 2:04PM Blackstone CEO: Housing a smart play Market Watch - 2:04PM Capitol Report: FHA's share of new-home sales on the rise CNBC - 12:27PM Real estate in these 'energy cities' is about to get hit Market Watch - 10:24AM The market in a minute: 500 earnings reports ahead Bloomberg - 10:24AM D.R. Horton to Buy Pacific Ridge Homes for $72 Million www.realtor.com - 10:24AM Green Homes Are So 2010: The Future Is Wellness Communities freddiemac.mwnewsroom.com - 10:08AM Freddie Mac Reaches the $100 Billion Milestone in Multifamily K-Deal Securitizations Calculated Risk Blog - 9:21AM Black Knight: House Price Index up 0.7% in February, 4.6% year-over-year www.gallup.com - 8:59AM Views of Home Buying Climate Slightly Less Positive in U.S. Reuters - 8:58AM Greek government reshuffles EU/IMF negotiating team WSJ - 8:57AM ECB Paper Takes Stab at Measuring 2012 Euro Break-up Fears WSJ - 1:13AM Senator Grassley Questions Appointment Of New FHA Head Washington Post - 1:12AM If the industry makes its connections, your next home may run off a battery Reuters - 1:12AM Greece, lenders must reach deal by early May, Deputy PM tells paper Bloomberg - 1:09AM Can't Decide How to Bet on U.S. Treasuries? Try Flipping a Coin Today's Rates Best Execution Rate Change 30 Yr FRM 3.71% +0.00 15 Yr FRM 3.04% +0.00 FHA 30 Year Fixed 3.35% -0.02 Jumbo 30 Year Fixed 3.63% -0.01 5/1 Yr ARM 2.97% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.87% 0.38 +0.01 15 Yr. Fixed 3.16% 0.29 +0.01 30 Yr. Jumbo 3.84% 0.35 +0.03 30 Yr. FHA 3.67% 0.23 -0.02 5/1 ARM 2.82% 0.40 +0.06 Freddie Mac ** 30 Yr. Fixed 3.65% 0.60 -0.02 15 Yr. Fixed 2.92% 0.60 -0.02 1 Yr. ARM 2.44% 0.40 -0.02 5/1 Yr. ARM 2.84% 0.40 -0.04 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 3.0 102.30 -0.11 30YR FNMA 3.5 105.11 -0.08 30YR GNMA 3.0 103.17 -0.11 30YR GNMA 3.5 105.70 0.00 15YR FNMA 3.0 104.86 -0.06 15YR FNMA 2.5 102.80 -0.06 Treasuries Yield Change 2 YR 0.5204% +0.0123 5 YR 1.3437% +0.0246 10 YR 1.9278% +0.0157 30 YR 2.6151% +0.0015 Prices as of: 4/27/2015 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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