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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