Daily Newsletter: Fannie and Freddie Another Step Closer to Sharing Single Mortgage-Backed Security; Home Price Increases Reaching Beneficial Balance; Condos are Back!

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30 Year Fixed 4.18%   +0.01 15 Year Fixed 3.31%   +0.01 10YR Treasury 2.45%   +0.0252 FNMA 30YR 3.5 102.22   -0.06 FNMA 15YR 2.5 103.45   -0.03 View Today's Rates

Tuesday August 12, 2014 MND NewsWire - 4:44PM Fannie and Freddie Another Step Closer to Sharing Single Mortgage-Backed Security The Federal Housing Finance Agency (FHFA) moved another step closer on Tuesday to its strategic goal of issuing a single mortgage-backed security (MBS) under the aegis of both of the ... MND NewsWire - 12:48PM Price Increases Balancing to Benefit Buyer and Seller -NAR Home price growth continued to decelerate during the second quarter and the National Association of Realtors (NAR) said the quarter ended with year-over-year price appreciation at the ... MND NewsWire - 2:28PM Normalized Pricing Resurrecting Condo Market... Relatively Speaking It's baaaack. The condo market that is. At least according to CoreLogic which says condo construction completions are up 90 percent to 2,100 buildings in the fourth quarter of 2013 ... Mortgage Rate Watch - 3:14PM Mortgage Rates Steady to Slightly Higher Mortgage rates were unchanged for the most part today. Of the lenders who had measurable changes from yesterday's latest offerings, slightly more of them moved higher in rate, but the ... MBS Day Ahead: Another Day of Limited Data and the 'Summertime Tuesday' Phenomenon Change in FHA Leadership; Servicing Continues to Trade - Changes in CT? Vendor Updates Latest Video What's driving low yield in US JOLTS reveals astonishing facts about jobs Home sales slow More News from 'Around the Web' freddiemac.mwnewsroom.com - 4:38PM Freddie Mac Statement on FHFA Request for Input on Development of Single Security Bloomberg - 4:38PM Fannie Mae Overseer Proposes MBS Looking Same as Freddie Mac's - Bloomberg rss.nytimes.com - 3:47PM Ukraine Crisis Takes Toll on Germany's Economy, Powerhouse of the Eurozone Reuters - 3:46PM Yellen resolved to avoid raising rates too soon, fearing downturn CNBC - 2:35PM Financial sector resumes most lie-filled: Survey CNN - 2:34PM Banks are lending at a feverish pace CNBC - 2:30PM US budget deficit falls to $95 billion CNBC - 12:55PM The theory that scares the Fed Bloomberg - 12:51PM Treasuries Look Dirt Cheap to Germans Buying Bunds - Bloomberg Bloomberg - 10:55AM Home Price Gains Slow in Most U.S. Cities - Bloomberg Market Watch - 10:54AM Ocwen Financial to restate some results CNBC - 9:21AM For now, Yellen, keep your day job Market Watch - 9:21AM Bank failures fading, but not completely, from view CNBC - 9:07AM US bond markets eye three-year auction, Ukraine Bloomberg - 12:23AM Banks Loosening U.S. Mortgage Standards: Chart of the Day - Bloomberg CNBC - 12:21AM Why bonds' rise may not be a flight to safety Bloomberg - 12:21AM Gross Reduces U.S. Government-Related Debt in July - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% +0.01 15 Yr FRM 3.31% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% +0.01 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 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.35% 0.22 +0.02 15 Yr. Fixed 3.51% 0.28 +0.04 30 Yr. Jumbo 4.26% 0.35 +0.04 30 Yr. FHA 4.06% 0.02 +0.03 5/1 ARM 3.32% 0.35 +0.01 Freddie Mac ** 30 Yr. Fixed 4.14% 0.70 +0.02 15 Yr. Fixed 3.27% 0.60 +0.04 1 Yr. ARM 2.35% 0.50 -0.03 5/1 Yr. ARM 2.98% 0.50 -0.03 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 98.44 -0.14 30YR FNMA 3.5 102.22 -0.06 30YR GNMA 3.0 100.67 -0.16 30YR GNMA 3.5 103.66 -0.06 15YR FNMA 3.0 103.45 -0.03 15YR FNMA 2.5 101.06 -0.05 Treasuries Yield Change 2 YR 0.4400% -0.0041 5 YR 1.6167% +0.0049 10 YR 2.4473% +0.0252 30 YR 3.2724% +0.0381 Prices as of: 8/12/2014 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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