Daily Newsletter: Housing Fundamentals Move In Right Direction, Price Gains Continue; Rates Hold Steady Amid Conflicting Data

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30 Year Fixed 4.16%   +0.01 15 Year Fixed 3.30%   +0.00 10YR Treasury 2.46%   -0.0055 FNMA 30YR 3.5 102.55   +0.08 FNMA 15YR 2.5 103.41   +0.08 View Today's Rates

Tuesday July 22, 2014 MND NewsWire - 11:27AM Housing Fundamentals Move In Right Direction, Price Gains Continue US Department of Treasury 15.00 Normal 0 false false false EN-US X-NONE X-NONE The pace of existing home sales reached a nine month high in June, topping 5 million units for the first ... Mortgage Rate Watch - 4:56PM Mortgage Rates Hold Steady Amid Conflicting Data Mortgage rates were unchanged in most cases today, though some lenders were slightly worse. Even then, the difference from yesterday is generally insignificant. MBS (the mortgage-backed ... Pipeline Press - 9:50AM Current State of Risk in Mortgage Market; Lots of Upcoming Events What, if anything, is putting a crimp in expected loan production? Perhaps the CFPB's QM rules are indeed restricting residential lending. In one example, here is what the public sees ... MND NewsWire - 2:24PM Home Prices to Level Off and Reverse Course Within 2 Years - Analysts Two Bank of America Merrill Lynch (BAML) analysts are defending what they call their big high conviction views for what should happen in the housing world over the next two years. Chris ... MBS Day Ahead: More on The Calendar Today, but Will it Matter? New Housing Normal; Pent-up Supply and Demand Latest Video June existing home sales up 2.6% Rising rents impact homeownership Pros & cons of credit boom More News from 'Around the Web' Market Watch - 3:55PM Hackers bypass online security at 34 banks Washington Post - 2:07PM Wonkblog: Why you may be paying for someone else's mortgage relief CNBC - 2:07PM Un-advertised listings distort housing The Big Picture - 12:49PM Global House Price Index CNBC - 12:36PM How to get millennials to buy a house WSJ - 11:40AM The Foreclosure Fade, and What it Means for the Housing Market CNBC - 10:15AM Existing home sales jump for third straight month WSJ - 9:31AM When It Comes to Housing, Maybe Millennials Aren't so Different After All www.gallup.com - 9:30AM U.S. Economic Confidence Recovers From Recent Losses Market Watch - 9:26AM And America's most-hated social media company is… Reuters - 9:26AM JPMorgan begins to provide consumer help under $13 billion settlement Reuters - 8:53AM High gasoline prices push up U.S. consumer prices Bloomberg - 8:24AM Housing Buoyed by 20-Year High for Vet's Loans: Mortgages - Bloomberg Bloomberg - 8:24AM Bund Rally Halts Near Record-Low Yield as BES Fallout Contained - Bloomberg CNBC - 8:24AM US bonds pare some losses on downed plane progress Bloomberg - 8:24AM Blackstone to Buy Max Property's Assets for $707 Million - Bloomberg Today's Comments MBS Live Chat - 8:31AM "was the market looking for more inflation?..." MBS Live Chat - 8:32AM "I think some may be a bit defensive about that possibility, thus the small amount of 'relief' at the as-expected headline...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.16% +0.01 15 Yr FRM 3.30% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.00% +0.01 5/1 Yr ARM 3.22% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.32% 0.16 +0.04 15 Yr. Fixed 3.40% 0.22 -0.02 30 Yr. Jumbo 4.24% 0.16 -0.02 30 Yr. FHA 4.02% -0.03 +0.03 5/1 ARM 3.40% 0.22 -0.02 Freddie Mac ** 30 Yr. Fixed 4.13% 0.60 -0.02 15 Yr. Fixed 3.23% 0.50 -0.01 1 Yr. ARM 2.39% 0.40 -0.01 5/1 Yr. ARM 2.97% 0.40 -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 98.72 +0.08 30YR FNMA 3.5 102.55 +0.08 30YR GNMA 3.0 100.64 +0.09 30YR GNMA 3.5 103.53 +0.02 15YR FNMA 3.0 103.41 +0.08 15YR FNMA 2.5 101.16 +0.13 Treasuries Yield Change 2 YR 0.4756% -0.0163 5 YR 1.6547% -0.0248 10 YR 2.4637% -0.0055 30 YR 3.2515% -0.0073 Prices as of: 7/22/2014 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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