Daily Newsletter: Mortgage Rates Defy Strong Jobs Report; No Surprise That Bernanke Couldn't Refi; Watchdog Addresses Problems With Foreclosure Review Payments

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30 Year Fixed 4.15%   +0.02 15 Year Fixed 3.32%   +0.02 10YR Treasury 2.44%   +0.0037 FNMA 30YR 3.5 102.63   -0.08 FNMA 15YR 2.5 103.25   -0.11 View Today's Rates

Friday October 3, 2014 Mortgage Rate Watch - 3:03PM Mortgage Rates Defy Strong Jobs Report Mortgage rates were just slightly higher on average today, but retained a majority of the improvement seen on October 1st. That's impressive considering what they were up against today ... MND NewsWire - 1:29PM No Surprise That Bernanke Couldn't Refi Business media are having a lot of fun today over a throw-away remark Ben Bernanke made yesterday. In a question and answer session with Moody Analytics economist Mark Zandi, the former ... MND NewsWire - 1:33PM Watchdog Addresses Problems With Foreclosure Review Payments The Office of Inspector General (OIG) of the Federal Reserve System released a report on Thursday critical of the way in which the Board (and by extension the Office of Comptroller ... MBS Commentary - 12:11PM MBS MID-DAY: Strong NFP and Bond Markets Not Much Weaker; What Gives?! NFP came out much stronger than expected with solid revisions to the past two reports, and a drop to 5.9% on the unemployment rate. With revisions, this report adds 317k jobs . Historically ... Updates on USDA; Proposed Changes to NMLS; FHA Updates; Bernanke's Refi Problems MBS Day Ahead: Interesting Times on NFP Friday Latest Video Bernanke 'unsuccessful' in refinancing mortgage Breaking down Friday's blockbuster jobs report Goldman's Hatzius: Jobs report mixed message More News from 'Around the Web' Washington Post - 2:47PM Americans think the unemployment rate is way higher than it really is CNBC - 1:04PM Ben Bernanke, I feel your pain! WSJ - 11:52AM How Obama Is Caught Between Economic Growth and Shrinking Incomes WSJ - 10:58AM Hilsenrath Analysis: Jobs Report Keeps Early Rate Hike On Table, Tough Communication Decision For Fed CNBC - 10:17AM US service sector takes a breather, jobs surge WSJ - 10:17AM September's Jobs Report in 12 Charts Bloomberg - 9:26AM You Know It's a Tough Market When Ben Bernanke Can't Refinance rss.nytimes.com - 9:00AM U.S. Added 248,000 Jobs in September; Unemployment at 5.9% CNBC - 8:56AM Bullard: 'Far behind' schedule for hike CNBC - 8:56AM Surging oil exports narrow US trade gap Today's Rates Best Execution Rate Change 30 Yr FRM 4.15% +0.02 15 Yr FRM 3.32% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% +0.02 5/1 Yr ARM 3.25% +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 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.19% 0.40 -0.01 15 Yr. Fixed 3.36% 0.50 +0.00 1 Yr. ARM 2.42% 0.40 -0.01 5/1 Yr. ARM 3.06% 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 99.13 -0.05 30YR FNMA 3.5 102.63 -0.08 30YR GNMA 3.0 101.13 -0.02 30YR GNMA 3.5 103.78 -0.05 15YR FNMA 3.0 103.25 -0.11 15YR FNMA 2.5 100.91 -0.08 Treasuries Yield Change 2 YR 0.5674% +0.0319 5 YR 1.7302% +0.0294 10 YR 2.4412% +0.0037 30 YR 3.1313% -0.0155 Prices as of: 10/3/2014 3:50PM 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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