Daily Newsletter: Price Growth Continues, Too Fast in Some Areas; Rates Moving up From 2014 Lows; New Home Sales Recover Slightly

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30 Year Fixed 4.25%   +0.04 15 Year Fixed 3.35%   +0.03 10YR Treasury 2.66%   +0.0324 FNMA 30YR 3.5 101.66   -0.14 FNMA 15YR 2.5 103.58   -0.11 View Today's Rates

Monday May 12, 2014 MND NewsWire - 12:54PM Price Growth Continues, But Too Quickly in Some Areas Home prices continued to increase as broadly if not as rapidly as in previous periods the National Association of Realtors® (NAR) reported today. Median prices increased in the ... Mortgage Rate Watch - 2:13PM Mortgage Rates Continue Moving Away from 2014 Lows Mortgage rates continued higher today, adding to the corrective rebound from last week's 6-month lows. There were no significant events or news stories behind the move. The financial ... MND NewsWire - 12:01PM New Home Sales Recover Slightly from Dismal March Numbers The Mortgage Bankers Association's (MBA) estimate of new home sales rose in April . MBA bases its estimate on applications for mortgages to purchase new homes as reported through its ... MBS Commentary - 7:51AM MBS Week Ahead: Economic Calendar Picks up; Fed Speakers Continue; Geopolitical Risk Remains Over the weekend, events that have been labelled by some as 'referendums' took place in several of the most embattled regions in Ukraine. Not surprisingly, most of those willing to ... Agency and Investor Updates; Primer on Debt Service Ratio; One Suggestion to Cure FHA's Woes "Undecided" Democrats Decide "No" on Johnson-Crapo Latest Video What's weighing on home buyers Blindsided by fixed income Santelli: Bonds, Draghi & the dollar More News from 'Around the Web' www.easyir.com - 4:09PM TransUnion Reveals Almost Half of Landlords Consider Renters' Credit Health as a Key Factor in Leasing Decision CNBC - 4:08PM Tech bubble watch: A real estate story CNBC - 2:41PM US on track to slash annual deficit CNBC - 1:49PM Not much spring in housing: Economist Bloomberg - 1:48PM Hamptons Home Up for Foreclosure That May Set Rercord - Bloomberg CNBC - 1:47PM Stock market rally holds up; traders wonder why WSJ - 1:47PM Why the Nation's Hot Housing Market Is Cooling, Slightly WSJ - 12:31PM Why A Quirky April Could Make Annual Inflation Pop rss.nytimes.com - 12:30PM Reliving the Crisis: What We Learned From Tim Geithner's Book NY Fed - 11:46AM New York Fed Survey Shows Consumer Expectations Mainly Stable CNBC - 11:46AM How housing weakness may change the Fed's game www.ourbroker.com - 9:38AM Is There Really A Real Estate Bust Ahead? freddiemac.mwnewsroom.com - 9:34AM Freddie Mac to Purchase Certain Adjustable Rate Initial Interest Mortgage Loans From Associated Participation Certificates Market Watch - 9:34AM Treasurys fall, awaiting fresh economic signals CNBC - 8:39AM Pimco fund cuts mortgage holdings Washington Post - 8:38AM Now on auction in Detroit: Homes starting at $1,000 Washington Post - 8:38AM Bill to dismantle Fannie Mae and Freddie Mac appears stalled in Senate committee Reuters - 8:35AM Stock futures rise, S&P 500 near record Today's Comments MBS Live Chat - 12:20PM "cash out refi after home is taken off the market..." MBS Live Chat - 12:23PM "I just lost a cash out because it had been listed, we have to wait until 180 days after the listing was pulled . It was a VA though...." MBS Live Chat - 1:37PM "if someone purchases a home for cash at an auction and then wants to finance it is that a purchase or refinance?..." MBS Live Chat - 1:37PM "they had cash? refi..." MBS Live Chat - 1:38PM "going by purchase price on value though right, not what it appraises for;..." MBS Live Chat - 1:40PM "correct. It would be under delayed financing..." MBS Live Chat - 1:40PM "Dustin, Purchase price within 6 months of HUD close date subject to R/T refi guides and pricing..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.25% +0.04 15 Yr FRM 3.35% +0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% +0.03 5/1 Yr ARM 3.24% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.80% 1.10 +0.13 30 Yr. Fixed 4.67% 1.44 +0.13 MBA ** 30 Yr. Fixed 4.49% 0.38 +0.00 15 Yr. Fixed 3.53% 0.31 -0.02 30 Yr. Jumbo 4.37% 0.14 -0.04 30 Yr. FHA 4.17% 0.10 -0.03 5/1 ARM 3.26% 0.35 +0.10 Freddie Mac ** 30 Yr. Fixed 4.21% 0.60 -0.08 15 Yr. Fixed 3.32% 0.60 -0.06 1 Yr. ARM 2.43% 0.40 -0.02 5/1 Yr. ARM 3.05% 0.50 +0.00 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 97.47 -0.22 30YR FNMA 3.5 101.66 -0.14 30YR GNMA 3.0 99.61 -0.23 30YR GNMA 3.5 103.02 -0.20 15YR FNMA 3.0 103.58 -0.11 15YR FNMA 2.5 100.83 -0.11 Treasuries Yield Change 2 YR 0.3990% +0.0121 5 YR 1.6595% +0.0329 10 YR 2.6575% +0.0324 30 YR 3.4915% +0.0247 Prices as of: 5/12/2014 4:28PM 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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