Daily Newsletter: Home Price Gains Decelerating; South Driving New Home Sales; Rates Edge Lower; Perfect Storm for Housing?

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30 Year Fixed 4.14%   -0.01 15 Year Fixed 3.27%   -0.01 10YR Treasury 2.39%   -0.0159 FNMA 30YR 3.5 102.66   +0.06 FNMA 15YR 2.5 103.34   -0.05 View Today's Rates

Monday August 25, 2014 MND NewsWire - 2:20PM Home Price Gains Decelerating Home prices continued to increase in June but the Home Price Index (HPI) released by Black Knight Financial Services showed continued slowing in the rate of price growth. The national ... MND NewsWire - 10:46AM Sales in South Driving New Home Figures New home sales were down again in July, declining by 2.4 percent from June to a seasonally adjusted annual rate of 412,000 units. But the June rate of 406,000 units reported last month ... Mortgage Rate Watch - 3:25PM Mortgage Rates Steady to Slightly Lower Mortgage rates were steady for some lenders today, and slightly lower for others. The movement wasn't nearly enough to affect rates themselves, meaning the improvement was limited to ... MBS Commentary - 7:40AM MBS Day Ahead: Last Week of August; Second Look at GDP Few pieces of domestic economic data have caught the attention of bond markets recently. That's not to say there haven't been short term reactions to various data surprises, but the ... Subservicer Audit Program; What CFPB Consent Order Might Tell Us; Decent Housing Numbers Continue Latest Video New home sales fall in July 'Perfect storm' for housing? Santelli Exchange: Global anxiety More News from 'Around the Web' WSJ - 4:21PM A Few Fed Policy Answers From the Jackson Hole Sidelines Washington Post - 3:18PM Existing home sales are up, but new home sales are down. What's going on? www.cfpbmonitor.com - 3:17PM CFPB announces eClosing pilot program participants CNBC - 3:17PM S&P 2,000 milestone signaling further gains (amid warnings) blog.hud.gov - 1:04PM Creating Cities of Opportunity CNBC - 12:06PM Ukraine & Russia talks: Don't get your hopes up Reuters - 10:19AM U.S. new home sales fall again in July, supply increases sharply www.lpsvcs.com - 10:19AM Black Knight Home Price Index Report: June 2014 Transactions CNBC - 8:50AM Wall Street to watch for new home sales data Bloomberg - 8:49AM Europe Government Bonds Surge as Draghi Pushes ECB Closer to QE - Bloomberg CNBC - 8:47AM US bonds boosted by Jackson Hole, Yellen speech Reuters - 8:47AM Euro falls, stocks rise on ECB stimulus bet www.freddiemac.com - 8:42AM 4 Signs the Economy Is Gradually Returning to Normal Bloomberg - 12:03AM Why Wall Street Can't Get Any Respect From Bond Market - Bloomberg www.cfpbmonitor.com - 12:00AM CFPB issues new mortgage servicing guidance Today's Comments Pipeline Press - 11:51PM "Yeah, nothing like another potential government debt limit crisis combined with a contentious mid term election to keep boredom out of the mortgage industry! Ought to be an interesting next several months!..." MND NewsWire - 5:21PM "I can relate to the stuck in the mud borrower. CFPB is going to make life even more difficult in the future...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.14% -0.01 15 Yr FRM 3.27% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.01% -0.01 5/1 Yr ARM 3.21% +0.00 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 +0.00 15 Yr. Fixed 3.48% 0.30 -0.03 30 Yr. Jumbo 4.24% 0.19 -0.02 30 Yr. FHA 4.04% 0.03 -0.02 5/1 ARM 3.24% 0.45 -0.08 Freddie Mac ** 30 Yr. Fixed 4.10% 0.50 -0.02 15 Yr. Fixed 3.23% 0.60 -0.01 1 Yr. ARM 2.38% 0.50 +0.02 5/1 Yr. ARM 2.95% 0.50 -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 99.06 +0.14 30YR FNMA 3.5 102.66 +0.06 30YR GNMA 3.0 101.02 +0.14 30YR GNMA 3.5 103.73 +0.08 15YR FNMA 3.0 103.34 -0.05 15YR FNMA 2.5 100.97 -0.02 Treasuries Yield Change 2 YR 0.5040% +0.0121 5 YR 1.6697% +0.0100 10 YR 2.3856% -0.0159 30 YR 3.1330% -0.0236 Prices as of: 8/25/2014 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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