Daily Newsletter: Mortgage Rates Fall After Jobs Report; FHFA's Message to Realtors; Mortgage Monitor; Premature Bubble Talk

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30 Year Fixed 4.02%   -0.04 15 Year Fixed 3.21%   -0.04 10YR Treasury 2.30%   -0.0862 FNMA 30YR 3.5 103.59   +0.44 FNMA 15YR 2.5 103.92   +0.30 View Today's Rates

Friday November 7, 2014 Mortgage Rate Watch - 5:14PM Mortgage Rates Regain Lost Ground After Jobs Report Mortgage rates made a strong move lower today, erasing the entire week's losses and regaining levels last seen on October 30th and 31st. In fact, for both Treasuries and mortgages, ... MND NewsWire - 1:25PM Watt to Realtors: FHFA Working to Ease Restrictions and Increase Demand Federal Housing Finance Agency (FHFA) Director Melvin H. Watt told an audience of Realtors® today that after some difficult years in housing a much needed conversation about homeownership ... MND NewsWire - 2:54PM Equity, Refinancibility, and HELOC Concerns -Mortgage Monitor Equity got some close scrutiny in the current edition of Mortgage Monitor, a monthly publication of Black Knight Financial Services. The company used its first and second lien mortgage ... MBS Commentary - 7:32AM MBS Day Ahead: Bond Markets Ready for Something New After Today's Jobs Report From the moment yields began drifting higher following the mid-October rally, absolutely nothing new has happened for bond markets. Trading levels have gotten progressively more negative ... MBS RECAP: Strong Gains Following NFP, or in Spite of it? Bubble Talk is Premature -CoreLogic The Road to Confidence is Built on Trust Dodd-Frank Update; USDA RD and FHA & HUD (QM) Updates; Chinese Company Buys US Lender Latest Video Fed's reluctance to hike rates Santelli: Numbers don't lie Yields down after jobs More News from 'Around the Web' WSJ - 4:28PM Atlanta Fed Jobs Calculator Suggests Full Employment By Spring Possible Washington Post - 4:27PM Rich people are splurging on million-dollar homes again. Here's why. WSJ - 3:59PM Realtors More Bullish On New Home Sales Than Builders WSJ - 3:00PM 5 Takeaways From the October Jobs Report WSJ - 2:58PM Fed's Kocherlakota: Expects Low Interest Rates Potentially For 'Many' Years CNBC - 1:14PM Behind the unusual activity in Beazer Homes CNBC - 1:11PM The bond market is still feeling liquidity fears Fannie Mae - 11:49AM News Release - Americans' Personal Finance Sentiment ... Washington Post - 11:47AM Buyers of houses priced at the high end are seeing attractive mortgage rates Bloomberg - 11:01AM JPMorgan Sees 3000 More Job Cuts in Card, Mortgage Units - Bloomberg Bloomberg - 11:00AM Yellen Supports Bond Buying to European Central Bankers - Bloomberg Reuters - 11:00AM Fed's Yellen says weak fiscal support has slowed global recovery WSJ - 10:59AM Regulator Seeks to Allay Fears of Risky Mortgage Lending CNBC - 8:55AM Fed's Mester sees rate rise, confident on inflation rss.nytimes.com - 8:54AM U.S. Economy Added 214,000 Jobs in October; Unemployment Rate Drops to 5.8% WSJ - 8:53AM Fed's Dudley: If Economy Meets Forecast, 2015 Rate Increase Remains Likely WSJ - 8:53AM ECB Prep Work Could Move Faster This Time WSJ - 8:53AM More ECB Action a Hope, Not a Promise Bloomberg - 8:52AM Nationstar Leads Servicer Plunge as Probes Widen: Mortgages - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% -0.04 15 Yr FRM 3.21% -0.04 FHA 30 Year Fixed 3.50% -0.10 Jumbo 30 Year Fixed 3.91% -0.05 5/1 Yr ARM 3.24% -0.01 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 4.02% 0.50 +0.04 15 Yr. Fixed 3.21% 0.50 +0.08 1 Yr. ARM 2.45% 0.40 +0.02 5/1 Yr. ARM 2.97% 0.50 +0.03 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 3.0 100.19 +0.52 30YR FNMA 3.5 103.59 +0.44 30YR GNMA 3.0 101.98 +0.44 30YR GNMA 3.5 104.45 +0.28 15YR FNMA 3.0 103.92 +0.30 15YR FNMA 2.5 101.56 +0.33 Treasuries Yield Change 2 YR 0.5025% -0.0472 5 YR 1.5885% -0.0871 10 YR 2.3030% -0.0862 30 YR 3.0343% -0.0687 Prices as of: 11/7/2014 4:32PM 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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