Daily Newsletter: Investor-Driven Real Estate Boom Breakdown; Mortgage Rates, Bond Markets Bounce Ahead of Fed Minutes

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30 Year Fixed 3.68%   -0.02 15 Year Fixed 2.84%   -0.02 10YR Treasury 1.93%   -0.0349 FNMA 30YR 3.5 105.31   +0.28 FNMA 15YR 2.5 105.02   +0.14 View Today's Rates

Tuesday May 21, 2013 MND NewsWire - 12:51PM Most Real Estate Investors in CA Plan on Selling Inside 6 Years Recognizing that real estate investors have played a key role in the state's housing market recovery, the California Association of Realtors® (C.A.R.) recently surveyed its members ... Mortgage Rate Watch - 3:32PM Mortgage Rates Slightly Lower Ahead of Fed Minutes, Bernanke Mortgage rates finally caught a break, moving just slightly lower for only the second time this month. For some, the drop in rates may be too little too late as it still doesn't put ... MBS Commentary - 4:28PM MBS RECAP: Big Bounce Higher Ahead of Fed MBS Live : MBS Afternoon Market Summary In sort of an inverted reading of the recent script, bond markets weakened right out of the gate and began improving at 10am (several notable ... Pipeline Press - 11:13AM Freddie's Non-Usage Fees; LO Comp, Land Sales, and Reg. E Tidbits - It's a Compliance World If you're like me and rest your weary eyes each night by reading the Fair Housing Act of 1968, then you don't need to be told that the act " prohibits discrimination in the sale, rental ... The Day Ahead: Recent Volatility Might be Logical Fannie Forecast Serves up Feast for Housing Recovery Bulls MBA Highlights Opportunity For Private Capital Risk-Sharing With GSEs Latest Video Dudley: Uncertainty About QE Makes Fed Cautious Forecasting Bernanke: Hilsenrath The Fed & Jobs More News from 'Around the Web' Reuters - 4:14PM Fed officials dampen speculation of imminent bond tapering CNBC - 3:14PM Fed's Dudley and Bullard: One-Two Dovish Punch Fuels Rally House Financial Services - 3:11PM Hearing Shows CFPB's QM Rule Limits Access to Credit Bloomberg - 1:44PM Dudley Says He Can't Be Sure If Next QE Move Is 'Up or Down' - Bloomberg Fannie Mae - 1:43PM News Release | Fannie Mae Reminds Servicers of Options for ... freddiemac.mwnewsroom.com - 1:43PM UPDATE: Freddie Mac Immediately Extends Mortgage Relief to Borrowers Affected by Oklahoma Tornados www.cfpbmonitor.com - 12:45PM CFPB finalizes mortgage escrow rule amendments and list of "rural" or "underserved counties" and issues videos on mortgage rules CNBC - 12:31PM Fannie Mae: Zombie Stock Turns Cash Cow www.cfpbmonitor.com - 11:18AM CFPB settles RESPA enforcement action involving affiliated business arrangements CNBC - 11:15AM All Eyes on Fed as Traders Look for Easing Clues CNBC - 9:50AM Dimon Keeps Dual Role as Chairman and CEO NY Fed - 9:44AM Home Price Conditions interactive maps and charts updated as of March 2013 www.mersinc.org - 9:43AM Washington Federal Court Ruling Favors MERS CNBC - 9:42AM Stocks Open Higher, Home Depot Surges 3% CNBC - 7:06AM Home Depot Beats, Helped by Housing Today's Comments MBS Live Chat - 1:51PM "REPRICE : 1:51 PM - AMC Better..." MBS Live Chat - 1:53PM "REPRICE : 1:53 PM - Rushmore Home Loans Better..." MBS Live Chat - 1:55PM "REPRICE : 1:55 PM - Fifth Third Mortgage Better..." MBS Live Chat - 1:55PM "REPRICE : 1:55 PM - Pinnacle Better..." MBS Live Chat - 1:55PM "REPRICE : 1:55 PM - Sun West Mortgage Better..." MBS Live Chat - 2:05PM "REPRICE : 2:05 PM - Wells Fargo Better..." MBS Live Chat - 2:06PM "REPRICE : 2:06 PM - Interbank Better..." MBS Live Chat - 2:07PM "REPRICE : 2:07 PM - First Century Bank Better..." MBS Live Chat - 2:10PM "REPRICE : 2:10 PM - Platinum Mortgage Better..." MBS Live Chat - 2:10PM "That was the 2nd one from Platinum today..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.68% -0.02 15 Yr FRM 2.84% -0.02 FHA 30 Year Fixed 3.25% -0.02 Jumbo 30 Year Fixed 3.78% -0.01 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 2.78% 0.76 +0.08 30 Yr. Fixed 3.53% 1.11 +0.06 MBA ** 30 Yr. Fixed 3.67% 0.41 +0.08 15 Yr. Fixed 2.88% 0.31 +0.07 30 Yr. Jumbo 3.87% 0.25 +0.08 30 Yr. FHA 3.43% 0.16 +0.08 5/1 ARM 2.55% 0.23 +0.02 Freddie Mac ** 30 Yr. Fixed 3.51% 0.70 +0.09 15 Yr. Fixed 2.69% 0.70 +0.08 1 Yr. ARM 2.55% 0.40 +0.02 5/1 Yr. ARM 2.62% 0.50 +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 3.0 102.72 +0.39 30YR FNMA 3.5 105.31 +0.28 30YR GNMA 3.0 104.13 +0.45 30YR GNMA 3.5 107.19 +0.22 15YR FNMA 3.0 105.02 +0.14 15YR FNMA 2.5 103.53 +0.23 Treasuries Yield Change 2 YR 0.2380% -0.0040 5 YR 0.8174% -0.0194 10 YR 1.9298% -0.0349 30 YR 3.1317% -0.0436 Prices as of: 5/21/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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