Daily Newsletter: How Long Will Low Rates Last?; Mortgage Bank Profits Back in Black; Big Title Company in Trouble; Broad-Based Slowdown in Home Price Growth

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30 Year Fixed 4.13%   -0.01 15 Year Fixed 3.27%   +0.00 10YR Treasury 2.40%   +0.0124 FNMA 30YR 3.5 102.66   0.00 FNMA 15YR 2.5 103.39   +0.05 View Today's Rates

Tuesday August 26, 2014 Mortgage Rate Watch - 3:16PM How Long Will Low, Flat Mortgage Rates Last? So many questions have been raised by the surprising state of affairs in the world of mortgage rates this year. Why did rates move in the opposite direction from broad-based expectations ... MND NewsWire - 11:45AM Mortgage Bank Profits Back in Black Mortgage banks substantially improved their bottom line numbers in the second quarter after posting a loss on every loan written during the first quarter of the year. The Mortgage Bankers ... Pipeline Press - 10:04AM Large Title Firm in the News for the Wrong Reason; Corporate Debt Issuance to Set Record? It is more fun to talk about Millennials, and they look better in ads, but old people have needs too! At the other end of the demographic, don't forget that seniors aren't interested ... MND NewsWire - 11:39AM First Broad-Based Decline in Home Price Growth Since Feb 2008 The S&P Dow Jones Case-Shiller Home Price Indices for June confirm what reports from earlier months have indicated, that there is a sustained slowdown in home price increases. June ... MBS Day Ahead: One of the Biggest Potential Durable Goods Reports Ever (And it Won't Matter) CFPB Cautions Servicers about MSR Transfer Risks Latest Video August consumer confidence 92.4 Santelli takes the long view 'Perfect storm' for housing? More News from 'Around the Web' www.philadelphiafed.org - 4:14PM Survey: Financial Conditions for Low- and Moderate-Income Households Are Stabilizing CNBC - 3:03PM Late credit card payments hit 7-year low Market Watch - 3:02PM Don't read too much into this week's action www.cfpbmonitor.com - 3:02PM CFPB settles enforcement action against another debt settlement payment processor The Big Picture - 3:01PM Student Loans Are Going to Crush the Economy! (No, they are not) WSJ - 1:31PM More Laid-Off Workers Are Bouncing Back, And Fewer are Taking Pay Cuts Bloomberg - 1:29PM Something's Out of Whack With Bonds, Stocks: Bianco Sees Losses - Bloomberg rss.nytimes.com - 1:29PM Real Estate and the Recovery: Why a Slowdown in Housing Prices Is Great News The Big Picture - 12:01PM How America's Consumers Spend Across States CNBC - 11:57AM Euro zone yields turn negative on Draghi hopes CNBC - 11:07AM Israel, Palestinians reach new Gaza deal PR Newswire - 10:08AM The Conference Board Consumer Confidence Index® Improves Again CNBC - 10:07AM Home price gains tepid: S&P/Case-Shiller WSJ - 10:07AM Some See Price Gap Narrowing Between New, Existing Homes www.wellsfargo.com - 10:06AM Wells Fargo Reinforces Commitments to Servicemembers www.lpsvcs.com - 10:06AM Black Knight Financial Services' "First Look" at July 2014 Mortgage Data www.npr.org - 8:45AM Many Homeowners Still Qualify For Mortgage Relief CNBC - 8:43AM US durables rocket to record high in July CNBC - 1:04AM Europe set for mixed open; Ukraine meeting in focus rss.nytimes.com - 1:04AM The Trouble With Surveys: A New Reason to Question the Official Unemployment Rate Today's Rates Best Execution Rate Change 30 Yr FRM 4.13% -0.01 15 Yr FRM 3.27% +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 4.35% 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 99.11 +0.05 30YR FNMA 3.5 102.66 0.00 30YR GNMA 3.0 101.03 +0.02 30YR GNMA 3.5 103.72 -0.02 15YR FNMA 3.0 103.39 +0.05 15YR FNMA 2.5 101.03 +0.06 Treasuries Yield Change 2 YR 0.4959% -0.0081 5 YR 1.6614% -0.0083 10 YR 2.3980% +0.0124 30 YR 3.1590% +0.0260 Prices as of: 8/26/2014 4:29PM 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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