Daily Newsletter: Home Prices Rise At Fastest Pace Since 2006, Homeownership Lowest Since 1996

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30 Year Fixed 3.42%   -0.01 15 Year Fixed 2.73%   -0.01 10YR Treasury 1.67%   +0.0016 FNMA 30YR 3.5 106.55   +0.02 FNMA 15YR 2.5 105.56   -0.02 View Today's Rates

Tuesday April 30, 2013 MND NewsWire - 10:52AM Home Prices Increase at Fastest Annual Pace Since May 2006- Case Shiller Every city in the S&P Case-Shiller 20-City Composite Index has now posted annual increases for at least two consecutive months. The February 2013 indices released this morning showed ... MND NewsWire - 2:31PM Homeownership Hits 17-year Low The U.S. vacancy rate and the rate of homeownership both declined in the first quarter of 2013 with the homeownership rate hitting the lowest level in 17 years . According to the Census ... MND NewsWire - 12:16PM Foreclosures Increase Slightly in March, But Maintain Longer Term Downtrend Despite another month-over-month uptick, foreclosures continue to decline on an annual basis and, according to a report from CoreLogic today, are now down 52 percent from the peak in ... MND NewsWire - 4:05PM FHFA: Progress Report on Fannie/Freddie Replacement The Federal Housing Finance Agency (FHFA) has released a progress report on the common securitization infrastructure (CSI) being constructed as a replacement for the existing processes ... MBS RECAP: More Intraday Volatility But Little-Changed at The Close Organization's Roles in LO Comp Developments - Give us Clarity!; Change to FL's Foreclosure Process? Mortgage Rates Continue Tip-Toeing Into 2013 Lows Freddie Announces New Loan Purchase Tool For Pre-Purchase Error Check Latest Video No `Spring Swoon' for U.S. Housing, Thornberg Says Apple Closes Order Book on Record Debt Sale JPMorgan Downgrades Pulte Home More News from 'Around the Web' Reuters - 11:36AM Consumer confidence rebounds in April WSJ - 11:38AM Five Takeaways From the Latest Case-Shiller Report CNBC - 1:00PM Some Murmur Bubble as US Home Prices Rise Fast Reuters - 12:50PM Bonds erase gains amid positioning for Apple debt sale WSJ - 11:38AM Debate Over Labor Force Participation www.ourbroker.com - 11:39AM Wealth Gap Creates More Foreclosures and Short Sales Washington Post - 1:59PM Why the Fed probably won't expand QE on Wednesday FHFA - 2:08PM FHFA Issues Update on Development of a Common Securitization Infrastructure www.aei.org - 3:44PM Privatizing Fannie: Déjà vu all over again The Basis Point - 3:49PM How Technology Is Helping & Hurting Realtors: RealTech 2013 www.npr.org - 4:42PM Sequester Puts Some Needing Housing Aid 'Back To Square One' Bloomberg - 11:33AM Yellen Has the Right of First Refusal at Fed, Meyer Says - Bloomberg Today's Comments MBS Live Chat - 12:21PM "REPRICE : 12:21 PM - Provident Funding Worse..." MBS Live Chat - 12:31PM "hey guys - my u/w is telling me we can't ignore a car lease payment with 12 months proof of paid through biz. Is she right? I always thought we could omit regardless of lease status..." MBS Live Chat - 12:34PM "The guide states liabilities, not installment loans can be omited with 12 month proof of payments..." MBS Live Chat - 12:35PM "Look at the personal and business tax returns, if there is a deduction on the tax returns for it regardless wether its a lease or loan they should exclude otherwise you are double hitting him for a liability and loosing income..." MBS Live Chat - 12:39PM "https://www.fanniemae.com/content/guide/sel040913.pdf..." MBS Live Chat - 12:40PM "page 514..." MBS Live Chat - 12:40PM "three options to exclude use last option if on tax returns..." MBS Live Chat - 12:41PM "thanks Ben..." MBS Live Chat - 12:41PM "very helpful..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.42% -0.01 15 Yr FRM 2.73% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.54% -0.01 5/1 Yr ARM 2.96% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.78% 0.76 +0.08 30 Yr. Fixed 3.53% 1.11 +0.06 MBA ** 30 Yr. Fixed 3.67% 0.50 -0.01 15 Yr. Fixed 2.91% 0.34 -0.01 30 Yr. Jumbo 3.77% 0.27 -0.02 30 Yr. FHA 3.37% 0.55 -0.06 5/1 ARM 2.57% 0.29 -0.01 Freddie Mac ** 30 Yr. Fixed 3.40% 0.80 -0.01 15 Yr. Fixed 2.61% 0.70 -0.03 1 Yr. ARM 2.62% 0.30 -0.01 5/1 Yr. ARM 2.58% 0.50 -0.02 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 3.0 104.63 +0.06 30YR FNMA 3.5 106.55 +0.02 30YR GNMA 3.0 106.42 +0.13 30YR GNMA 3.5 108.92 +0.03 15YR FNMA 3.0 105.56 -0.02 15YR FNMA 2.5 104.53 0.00 Treasuries Yield Change 2 YR 0.2113% -0.0038 5 YR 0.6744% -0.0015 10 YR 1.6683% +0.0016 30 YR 2.8709% -0.0030 Prices as of: 4/30/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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