Daily Newsletter: More Volatility Ahead for Mortgage Rates; Applications Stagnant Last Week; Markets React to Ukraine Ceasefire Headlines

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30 Year Fixed 4.14%   +0.01 15 Year Fixed 3.28%   +0.00 10YR Treasury 2.40%   -0.0213 FNMA 30YR 3.5 102.83   +0.17 FNMA 15YR 2.5 103.64   +0.11 View Today's Rates

Wednesday September 3, 2014 Mortgage Rate Watch - 3:56PM Mortgage Rates Just Slightly Higher; Volatility Ahead Mortgage rates started the day heading higher after overnight news of a potential ceasefire in Ukraine caused investors to quickly sell safe-haven assets. The mortgage-backed-securities ... MND NewsWire - 9:16AM Mortgage Applications Stagnant Through Last Week of Summer Mortgage applications were virtually unchanged during the week ended August 29. The Mortgage Bankers Association said that its Market Composite Index, a measure of application volume ... Pipeline Press - 9:33AM FHFA & FHLB System Square Off; Moody's to Change Rating Methodology? September... ugh. Most latitudes in the U.S. are losing 2-3 minutes a day of daylight; in Anchorage they lose 5-6 minutes a day, Key West only about 1 minute. I mention this because ... MBS Commentary - 12:40PM MBS MID-DAY: Bond Markets Bounce Back After Ukraine Ceasefire Headlines Today's entire trading session centers on one key event: an overnight announcement that a Ukraine Ceasefire had been agreed to by both 'sides.' Bond markets tanked immediately with ... HELOC Resets Still a Concern Eleven States Set New Home Price Peaks Latest Video Santelli: Markets telling investors something loudly Chinese building US housing Bove's mortgage crisis call a 'dramatic overreaction' More News from 'Around the Web' www.aei-ideas.org - 4:46PM Tightening too soon: 4 central bank errors in 4 charts WSJ - 4:46PM The Fed's Beige Book: We Read It So You Don't Have To Washington Post - 4:44PM The housing bust turned more renters and homeowners into neighbors WSJ - 3:20PM Toll Brothers Sees Lofty Prices Turning Off Buyers CNBC - 3:20PM Ukraine war boosts US real estate deals Market Watch - 3:19PM Fed Beige Book sees no shift in moderate growth pace www.justice.gov - 3:13PM Michigan Man Sentenced for Mortgage Fraud Conspiracy Using Straw Home Buyers CNBC - 3:12PM Correction coming? Pro says market run isn't over The Big Picture - 1:51PM Case-Shiller Housing Data: % Off Highs & Lows WSJ - 1:50PM Is It Finally Time to Refinance? Bloomberg - 12:00PM Toll Falls After Luxury-Home Builder's Orders Decrease - Bloomberg CNBC - 10:28AM July factory orders get big kick from transports CNN - 10:26AM Why you should worry about Europe www.cfpbmonitor.com - 10:23AM CBO issues cost estimates for three House bills to promote greater CFPB transparency and accountability Bloomberg - 9:26AM Treasuries Drop a Third Day on Ukraine Cease-Fire Talks Reports - Bloomberg Bloomberg - 9:24AM JPMorgan Sees ECB Buying Up to $53 Billion of Asset-Backed Bonds - Bloomberg CNBC - 9:23AM Just what are the ECB's bond-buying options? WSJ - 12:51AM How to Own 1/12 of a Home CNN - 12:51AM Baby Boomers face big housing crunch Today's Rates Best Execution Rate Change 30 Yr FRM 4.14% +0.01 15 Yr FRM 3.28% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% +0.01 5/1 Yr ARM 3.23% +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 +0.00 15 Yr. Fixed 3.25% 0.60 +0.02 1 Yr. ARM 2.39% 0.50 +0.01 5/1 Yr. ARM 2.97% 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 99.28 +0.19 30YR FNMA 3.5 102.83 +0.17 30YR GNMA 3.0 101.22 +0.20 30YR GNMA 3.5 103.95 +0.20 15YR FNMA 3.0 103.64 +0.11 15YR FNMA 2.5 101.27 +0.16 Treasuries Yield Change 2 YR 0.5198% -0.0078 5 YR 1.6758% -0.0098 10 YR 2.3998% -0.0213 30 YR 3.1427% -0.0334 Prices as of: 9/3/2014 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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