Daily Newsletter: Pending Home Sales Rise at Fastest Pace Since 2010; Rates Steady to Start Busy Week; Short Sales Down Big in Q1

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30 Year Fixed 4.10%   +0.00 15 Year Fixed 3.25%   +0.00 10YR Treasury 2.52%   -0.0144 FNMA 30YR 3.5 102.83   +0.06 FNMA 15YR 2.5 103.81   +0.03 View Today's Rates

Monday June 30, 2014 MND NewsWire - 10:32AM Pending Home Sales Rise at Fastest Pace Since 2010 There was encouraging home market news from the National Association of Realtors® (NAR) this morning. The association's Pending Home Sales Index surged in May , increasing 6.11 ... Mortgage Rate Watch - 2:49PM Mortgage Rates Unchanged to Begin Short Week Mortgage rates were unchanged today. More often than not, when the average rate is unchanged, it's due to a balance between some lenders offering higher rates and others offering lower ... MND NewsWire - 3:40PM Short Sales Fall Sharply in First Quarter The Federal Housing Finance Agency said on Friday that Freddie Mac and Fannie Mae continue to complete thousands of foreclosure prevention actions in each reporting period. The two ... MBS Commentary - 7:27AM MBS Week Ahead: Action-Packed 3.5 Day Week Ends with NFP Pound for pound, this is one of the busiest weeks of the year . There are relevant economic reports every day as well as Fed speakers and the last trading day of Q2. Wrapping it all ... Defense of VA Fees; Force-Placed Insurance Update; Overcoming Non-QM Loan Liabilities MBS MID-DAY: Bond Markets Slightly Stronger After Volatile Start Housing Improving but Rental Crisis Looms Latest Video Santelli: Dollar no longer the king Pending home sales jump Q1 GDP reading 'meaningless': Economist More News from 'Around the Web' HUD - 3:42PM HUD Awards Nearly $120 Million to Four Communities to Revitalize Housing, Surrounding Neighborhoods CNBC - 2:45PM Yellen moves in, neighbors freak out Market Watch - 1:41PM Fed policy on road back to normal, Williams says www.cfpbmonitor.com - 1:41PM Hensarling and CFPB disagree on impact of Supreme Court's Canning decision Google News - 1:40PM Small investors spurred spike in cash sales. So what happens next? www.treasury.gov - 12:23PM Last Week's Toothless Treasury Propaganda (Now With Pictures of Smiling People!) www.justice.gov - 12:21PM U.S. Bank to Pay $200 Million to Resolve Alleged Fha Mortgage Lending Violations Market Watch - 10:45AM Bond Report: 10-year Treasurys eyes best six months since 2012 CNBC - 10:04AM May's pending home sales surge CNBC - 10:02AM Automated Fed? A possibility in 2039 CNBC - 8:45AM US bond markets await update on housing, NFP www.freddiemac.com - 8:44AM Mid-Year Economic Update Today's Comments MBS Live Chat - 10:00AM "RTRS- U.S. MAY PENDING HOME SALES INDEX +6.1 PCT, LARGEST GAIN SINCE APRIL 2010, (CONSENSUS +1.5 PCT) TO 103.9 - NAR..." MBS Live Chat - 10:00AM "RTRS- U.S. MAY PENDING HOME SALES -5.2 PCT FROM MAY 2013..." MBS Live Chat - 11:01AM "MG, if your announcement regarding the new version is the one I have, it's incredible. The mobile app is crazy, I played golf with the owner of our hedge fund and my app was better than his!..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.00 15 Yr FRM 3.25% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.95% +0.01 5/1 Yr ARM 3.25% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.66% 1.16 -0.01 30 Yr. Fixed 4.53% 1.31 +0.02 MBA ** 30 Yr. Fixed 4.33% 0.18 -0.03 15 Yr. Fixed 3.47% 0.19 -0.03 30 Yr. Jumbo 4.28% 0.12 -0.04 30 Yr. FHA 4.03% -0.38 -0.04 5/1 ARM 3.23% 0.27 +0.03 Freddie Mac ** 30 Yr. Fixed 4.14% 0.50 -0.03 15 Yr. Fixed 3.22% 0.50 -0.08 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.98% 0.30 -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 98.69 +0.08 30YR FNMA 3.5 102.83 +0.06 30YR GNMA 3.0 100.73 +0.14 30YR GNMA 3.5 103.89 +0.13 15YR FNMA 3.0 103.81 +0.03 15YR FNMA 2.5 101.53 +0.09 Treasuries Yield Change 2 YR 0.4607% -0.0039 5 YR 1.6283% -0.0081 10 YR 2.5214% -0.0144 30 YR 3.3507% -0.0175 Prices as of: 6/30/2014 4:04PM 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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Daily Newsletter: Housing Improving but Rental Crisis Looms; Rates Hit 1-Month Lows; Being Bank-Owned Makes a Home More Expensive

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30 Year Fixed 4.10%   -0.02 15 Year Fixed 3.25%   -0.02 10YR Treasury 2.54%   +0.0036 FNMA 30YR 3.5 102.77   -0.02 FNMA 15YR 2.5 103.78   +0.02 View Today's Rates

Friday June 27, 2014 MND NewsWire - 2:39PM Housing Improving but Rental Crisis Looms The U.S. housing recovery should regain its footing, but also faces a number of challenges . Tight credit, still elevated unemployment, and mounting student loan debt among young Americans ... Mortgage Rate Watch - 5:09PM Mortgage Rates at 1-Month Lows; Volatility Ahead Mortgage rates moved lower again , with the best options available in the morning hours. After that, bond markets including MBS (the mortgage-backed-securities that most directly affect ... MND NewsWire - 2:16PM Surprise! Bank-Owned Properties Actually Sell For More! RealtyTrac recently analyzed residential sales over the year that ended in March to determine what drives discounts in the market value or premiums in the sales price for distressed ... MND NewsWire - 1:52PM OCC: Home Retentions Nearly Triple Home Forfeiture Actions The percentage of current and performing mortgages serviced by large national and federal savings banks improved by more than a percentage point during the first quarter of 2014 the ... MBS MID-DAY: Strong Start Fades into Noon Hour Marketing HARP; Stearns' Name Change; LEAP News & Lender Updates Latest Video Closing Bell Exchange: Bond bubble? Row houses popping up Second half housing forecast More News from 'Around the Web' CNBC - 5:38PM Why the markets could see fireworks before July 4 CNBC - 4:45PM Food, gas spikes drive consumer stress Market Watch - 4:45PM Red flags for economy appear Bloomberg - 4:45PM LendingClub Said to Plan $500 Million IPO in Second Half - Bloomberg Bloomberg - 2:21PM Banks Buying Record Treasuries Driving 1-Month Bills to Zero - Bloomberg CNBC - 12:37PM When real estate flips you the finger WSJ - 12:34PM Baby Boomers Aren't (Yet) Downsizing in Droves Bloomberg - 10:23AM KB Home Reports Profit as U.S. New-Home Sales Surge - Bloomberg CNBC - 10:12AM US consumer sentiment rises in final June reading Bloomberg - 9:02AM Yellen Spending Recipe Lacking Key Ingredient: Bigger Wage Gains - Bloomberg CNBC - 9:00AM Why Pimco runs risks in turning up the 'vol' CNBC - 9:00AM Treasurys hold gains as markets digest US data Market Watch - 8:59AM Real estate boom bill comes due Today's Comments MBS Live Chat - 8:59AM "digging it for sure. excellent job by the MBS Live team..." MBS Live Chat - 12:17PM "The new site is amazing MG. I'm a huge fan of the new mobile app too. You weren't lying when you said night and day vs. the old mobile app...." MBS Live Chat - 1:16PM "Must be Friday...." MBS Live Chat - 1:22PM "friday fade..." MBS Live Chat - 1:25PM "but just locked two ahead of it, what would we do without mbs live..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% -0.02 15 Yr FRM 3.25% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.94% -0.02 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 3.66% 1.16 -0.01 30 Yr. Fixed 4.53% 1.31 +0.02 MBA ** 30 Yr. Fixed 4.33% 0.18 -0.03 15 Yr. Fixed 3.47% 0.19 -0.03 30 Yr. Jumbo 4.28% 0.12 -0.04 30 Yr. FHA 4.03% -0.38 -0.04 5/1 ARM 3.23% 0.27 +0.03 Freddie Mac ** 30 Yr. Fixed 4.14% 0.50 -0.03 15 Yr. Fixed 3.22% 0.50 -0.08 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.98% 0.30 -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 98.61 -0.03 30YR FNMA 3.5 102.77 -0.02 30YR GNMA 3.0 100.59 +0.03 30YR GNMA 3.5 103.77 0.00 15YR FNMA 3.0 103.78 +0.02 15YR FNMA 2.5 101.44 -0.05 Treasuries Yield Change 2 YR 0.4646% -0.0040 5 YR 1.6364% -0.0147 10 YR 2.5358% +0.0036 30 YR 3.3682% +0.0108 Prices as of: 6/27/2014 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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