Daily Newsletter: Home Price Appreciation Decelerating on Average; Lots of Regional Variation; Rates Continue Healing; Incredible Bond Market Changes

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30 Year Fixed 4.51%   -0.02 15 Year Fixed 3.51%   -0.01 10YR Treasury 2.73%   -0.0127 FNMA 30YR 3.5 100.44   -0.03 FNMA 15YR 2.5 102.61   -0.09 View Today's Rates

Monday March 24, 2014 MND NewsWire - 1:03PM Home Price Appreciation Decelerating on Average; Lots of Regional Variation Black Knight Financial Services (formerly Lender Processing Services) reports that home values in the U.S. as of December remained within 14 percent of the peak reached in 2006. Measured ... Mortgage Rate Watch - 4:46PM Mortgage Rates Continue Healing After Last Week's Rout Mortgage rates moved sideways to slightly lower today, but only after a slew of mid-day reprices from lenders. Before that, the morning rate sheets were in slightly weaker territory ... Pipeline Press - 10:41AM Bank Consolidation Continues; the Basics of What all These Servicing Sales Mean for Lenders "The reason the golf pro tells you to keep your head down is so you can't see him laughing." Someone, somewhere, is laughing at the press' focus on "the return" of the subprime lending ... MND NewsWire - 10:26AM 'Pretty incredible' changes in bond market coming Parse Janet Yellen's comments any way you want, but know one thing: This is likely to be an interesting year for bond investors. Financial markets last week took a jolt over comments ... MBS MID-DAY: Bond Markets Bounce Back After Opening Weaker MBS Week Ahead: Busy Week Including Econ Data, Fed Speakers, and Treasury Auctions CFPB on YouTube; Securitizing Rental Properties; LO Occupation at Risk? Existing Home Sales Lowest Since July 2012 Latest Video European markets close: Selloff erupts Home building in 25 years Real estate a great long term bet More News from 'Around the Web' blog.hud.gov - 5:03PM Making Progress for our Nation's Families www.cfpbmonitor.com - 5:03PM More on the CFPB's closed-door meeting policy Market Watch - 4:21PM G-7 cancels G-8 summit in Sochi Federal Reserve - 4:18PM Federal Reserve issues full corrected results for the 2014 Dodd-Frank Act stress test CNBC - 4:14PM Big 'for sale' for the biggest houses on the market CNBC - 2:15PM Fed stress-tests itself-and it passed! CNBC - 12:32PM Will the data prove Janet Yellen right? www.lpsvcs.com - 11:40AM Black Knight Home Price Index Report: January 2014 Transactions FHFA - 11:39AM Federal Housing Finance Agency Announces Departure of Edward J. DeMarco CNBC - 11:39AM 2 builders describe retirement living in 2039 Market Watch - 11:39AM Fed's Williams sees no hint at earlier move Market Watch - 10:46AM Bond Report: Treasury curve now flattest since 2009 FHFA - 10:45AM Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies CNBC - 10:45AM The best real estate plays in 25 years www.cfpbmonitor.com - 9:48AM Newspaper publisher sues CFPB for documents on headquarters renovation Washington Post - 9:48AM Economists: Rising interest rates are the biggest threat to recovery CNBC - 8:50AM Economists see Fed ending bond buys CNBC - 8:47AM 'Pretty incredible' changes in bond market coming CNBC - 8:47AM The hottest real estate investment of the future Today's Comments MND NewsWire - 5:20PM "Perhaps July 2013 will long be the good ole days. While some markets will recover reflecting local conditions, on the whole, we are lacking the wages, and thus the real credit-worthiness to be moving the housing market forward. So, like the IMF said last week, the economy cannot move forward without..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.51% -0.02 15 Yr FRM 3.51% -0.01 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.31% -0.02 5/1 Yr ARM 3.25% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.61% 1.06 -0.10 30 Yr. Fixed 4.48% 1.36 -0.10 MBA ** 30 Yr. Fixed 4.52% 0.29 +0.05 15 Yr. Fixed 3.53% 0.28 +0.01 30 Yr. Jumbo 4.41% 0.20 +0.04 30 Yr. FHA 4.18% 0.21 +0.05 5/1 ARM 3.18% 0.36 +0.09 Freddie Mac ** 30 Yr. Fixed 4.32% 0.60 -0.05 15 Yr. Fixed 3.32% 0.60 -0.06 1 Yr. ARM 2.49% 0.40 +0.01 5/1 Yr. ARM 3.02% 0.40 -0.07 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 96.28 -0.08 30YR FNMA 3.5 100.44 -0.03 30YR GNMA 3.0 98.14 -0.08 30YR GNMA 3.5 101.84 -0.06 15YR FNMA 3.0 102.61 -0.09 15YR FNMA 2.5 99.88 -0.03 Treasuries Yield Change 2 YR 0.4370% +0.0084 5 YR 1.7306% +0.0218 10 YR 2.7317% -0.0127 30 YR 3.5668% -0.0409 Prices as of: 3/24/2014 4:32PM 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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