Daily Newsletter: Freddie Mac's Economic L.I.F.T.; Best Week of the Year for Refis; Rates at a Standstill, but not for Long

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30 Year Fixed 3.95%   +0.00 15 Year Fixed 3.13%   +0.00 10YR Treasury 2.22%   -0.0018 FNMA 30YR 3.5 103.70   -0.03 FNMA 15YR 2.5 104.08   -0.06 View Today's Rates

Wednesday October 22, 2014 MND NewsWire - 3:26PM Freddie Mac Economists Prescribe L.I.F.T. for Economy Frank E. Nothaft and Leonard Kiefer, Freddie Mac's chief and deputy chief economists have come up with a formula for lifting the economy from its continuing low-growth status to a trajectory ... MND NewsWire - 8:52AM Best Week of Year for Refis; MBA sees Purchase Loan gains Next Year Falling interest rate precipitated a major refinancing rally during the week ended October 17 even though Columbus Day shortened the business weeks in some locations. The Mortgage Bankers ... Mortgage Rate Watch - 4:15PM Mortgage Rates at a Standstill, but not for Long Mortgage rates had their single flattest day since October 2nd today. This is the polar opposite of last week's exceptional volatility. The most interesting thing about it is that this ... MBS Commentary - 7:36AM MBS Day Ahead: One Reason Bonds Might be Close to Rallying Again It's been a pretty boring and consolidative week for bond markets so far, so let's have some fun. What follows is essentially a bullish case for bond markets, and you should be aware ... Elizabeth Warren Goes After Lenders; Ocwen vs NY Continues No Surprise: Final QRM Rule Closely Follows QM Latest Video Track your home's true worth Santelli: Yield curve steepening Santelli dissects Treasury action More News from 'Around the Web' CNBC - 4:32PM The procrastination penalty for retirement savers www.cfpbmonitor.com - 2:52PM CFPB issues final rule allowing alternative online delivery method for annual privacy notices WSJ - 2:51PM Why Rising Rents Haven't Pumped Up Inflation www.csbs.org - 1:43PM State Regulators Form Mortgage Servicing Rights Task Force Reuters - 1:41PM Divided U.S. SEC adopts mortgage rule, decries lax lending Bloomberg - 12:39PM Risk-Retention Rule Ignores Costs to Market, SEC Dissenters Say - Bloomberg Bloomberg - 12:39PM Verizon Said to Plan Four-Part Bond Sale to Refinance - Bloomberg CNBC - 10:57AM States ease laws helping poor borrowers WSJ - 10:14AM PwC Forecasts Higher Interest Rates, Strong Industrial Market in 2015 freddiemac.mwnewsroom.com - 9:49AM Freddie Mac October U.S. Economic and Housing Market Outlook Reuters - 8:45AM Consumer prices barely rise as energy costs fall The Atlantic - 8:43AM What Will It Take for Millennials to Become Homeowners? WSJ - 8:43AM The Top 10 U.S. States Where Chinese Are Investing in Real Estate Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% +0.00 15 Yr FRM 3.13% +0.00 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.90% +0.00 5/1 Yr ARM 3.22% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.20% 0.17 -0.10 15 Yr. Fixed 3.41% 0.28 -0.07 30 Yr. Jumbo 4.14% 0.10 -0.07 30 Yr. FHA 3.90% 0.08 -0.10 5/1 ARM 3.05% 0.38 -0.15 Freddie Mac ** 30 Yr. Fixed 3.97% 0.50 -0.15 15 Yr. Fixed 3.18% 0.50 -0.12 1 Yr. ARM 2.38% 0.40 -0.04 5/1 Yr. ARM 2.92% 0.50 -0.13 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 3.0 100.63 -0.02 30YR FNMA 3.5 103.70 -0.03 30YR GNMA 3.0 102.34 -0.22 30YR GNMA 3.5 104.70 -0.13 15YR FNMA 3.0 104.08 -0.06 15YR FNMA 2.5 102.05 0.00 Treasuries Yield Change 2 YR 0.3663% -0.0002 5 YR 1.4309% +0.0015 10 YR 2.2234% -0.0018 30 YR 2.9943% -0.0063 Prices as of: 10/22/2014 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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