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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Daily Newsletter: Mortgage Rates Finally Buck Trend; Rental Vacancies Lowest in 20+ Years; Home Price Gains Likely to Slow

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30 Year Fixed 4.02%   +0.01 15 Year Fixed 3.21%   +0.01 10YR Treasury 2.25%   +0.0324 FNMA 30YR 3.5 103.42   -0.03 FNMA 15YR 2.5 103.59   -0.02 View Today's Rates

Tuesday July 28, 2015 Mortgage Rate Watch - 5:43PM Mortgage Rates Finally Buck Trend Mortgage rates bucked the recent trend of steady, modest improvements to end just slightly higher today. That said, the move was just as small as most recent examples, and barely returns ... MND NewsWire - 2:29PM Homeownership Continues Dismal Decline; Rentals Soar Homeownership declined yet again in the second quarter of 2015. The Census Bureau said that the national rate dropped from 63.7 percent in the first quarter to 63.4 percent in the second ... MND NewsWire - 10:42AM Home Price Gains More Likely to Slow Home price data from S&P Dow Jones Indices was mixed for May. All three of the Case-Shiller measures, the National Index and the 10-City and 20-City Composites increased from May ... Pipeline Press - 10:29AM CFPB Personnel Moves; Why Millennial's Rent is the LO's Best Friend Federal agencies have issued the final standards in regards to Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. We will see more regulators and ... MBS RECAP: As Far as Down Days Go, Not Too Bad MBS Day Ahead: Pull Back is Coming; Size Matters Latest Video Home ownership drops Santelli Exchange: Growth, Fed & yield curve Conviction slipping on September rate hike: Survey More News from 'Around the Web' Bloomberg - 4:24PM Fed Decision Day Guide: September Signals, Lacker Dissent, Jobs WSJ - 4:22PM 5 Things D.R. Horton's Results Tell Us About the New-Home Market CNBC - 3:26PM China not a major factor for Fed: Richard Fisher Fannie Mae - 2:15PM Fannie Selling Guide Update CNBC - 1:28PM Fed hike will 'crush' housing: Analyst CNBC - 10:48AM Home ownership rates drop to lowest since 1967 The Atlantic - 8:50AM The Myth of New Orleans's Affordability WSJ - 8:48AM Are Home Prices Again Breaking Records? Not Really Bloomberg - 11:16PM Treasuries Are Stars of the Markets as Traders See Deflation www.builderonline.com - 3:00PM Student Debt isn't Stopping Millennials from Buying 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 3.0 100.19 -0.03 30YR FNMA 3.5 103.42 -0.03 30YR GNMA 3.0 101.25 -0.05 30YR GNMA 3.5 104.03 -0.03 15YR FNMA 3.0 103.59 -0.02 15YR FNMA 2.5 101.25 -0.05 Treasuries Yield Change 2 YR 0.6700% +0.0164 5 YR 1.5918% +0.0265 10 YR 2.2517% +0.0324 30 YR 2.9650% +0.0174 Prices as of: 7/28/2015 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 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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