Daily Newsletter: Home Prices Rise Most since 2006; Mortgage Rates Steady, Applications Drop for Refis and Purchases

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30 Year Fixed 4.30%   +0.01 15 Year Fixed 3.41%   +0.01 10YR Treasury 2.65%   -0.0238 FNMA 30YR 3.5 101.81   +0.16 FNMA 15YR 2.5 103.72   +0.25 View Today's Rates

Wednesday November 6, 2013 MND NewsWire - 2:58PM Home Prices Rise Most since 2006; Pace to Slow Home Prices continued higher for most of the metropolitan areas examined in the most recent quarterly report by the National Association of Realtors® (NAR). Median prices for the ... Mortgage Rate Watch - 4:03PM Mortgage Rates Hold Steady Ahead of Important Data Mortgage rates were relatively unchanged today, after rising somewhat significantly in the past week. Yesterday's rates were the highest since mid-October. Some lenders are just slightly ... MND NewsWire - 8:56AM Purchase and Refi Applications Backtrack Amid Rising Rates The Mortgage Bankers Association's (MBA) Refinancing Index lost most of the gains it had made the previous week as applications for refinancing fell 8 percent during the week ended ... MBS Commentary - 4:46PM MBS RECAP: Narrowest Trading Range in 6 Months MBS Live : MBS Afternoon Market Summary The title of todays' recap, "narrowest trading range in 6 months," is the only thing interesting about today. Even on the approach, there was ... Ally Says Adios; Should We Care About Mel Watt? Fannie's Current QM Guidance - Worth Knowing The Day Ahead: Absence of Data Leaves Room to Consider FOMC Intentions Third Quarter Home-ownership Lowest in 18 Years, but Higher Than Q2 Foreclosure Bid Rigging Investigations Net 37 Convictions Chinese Investors Flock to California and Probably Elsewhere September Home Prices at Post-Crash Peak; October will Extend Streak Latest Video The health of housing in the US We are buyers of housing: Pro The next great real estate trade More News from 'Around the Web' investors.flagstar.com - 4:47PM Flagstar Reaches Settlement with Fannie Mae over Mortgage Repurchase Obligations Bloomberg - 3:34PM Data Thresholds Prompt Flexible Policy Expectations, Fed Says - Bloomberg Bloomberg - 2:29PM Wells Fargo Pays $335 Million for Mortgage Bond Claims - Bloomberg Bloomberg - 1:42PM Yellen Met With Blankfein, Dimon as Prospects as Fed Chief Rose WSJ - 1:40PM Why Fannie and Freddie Are Paying Back Uncle Sam Market Watch - 1:38PM Fed's Pianalto: Faster growth would allow taper Reuters - 1:38PM Wells Fargo settles federal mortgage claims for $335 million Bloomberg - 11:00AM Blackstone Lures Investors to Home-Rental Bonds: Credit Markets - Bloomberg Google News - 10:19AM NAR: Most Metro Areas Show Strong Annual Home-Price Growth CNN - 10:13AM Rich investors sitting on a pile of cash CNBC - 10:13AM What indicators say about growth Bloomberg - 10:09AM Regions Discloses HUD Subpoena Related to Mortgages www.nytimes.com - 10:08AM The European Central Bank's Inflation Conundrum Market Watch - 9:07AM Treasurys hold gains after refunding announcement Bloomberg - 8:01AM Freddie Mac Said to Sell $630 Million of Risk-Sharing Securities - Bloomberg NAFCU - 8:01AM NAFCU pushes for guaranteed access to secondary mortgage market NAFCU - 8:01AM Now a good time to review mortgage rule resources CNBC - 7:59AM Roller coaster markets as mortgage apps fall Market Watch - 7:59AM Wells Fargo faces U.S. mortgage-bond probe: report Bloomberg - 7:59AM Ally's Mortgage Pipeline Falls to Zero as Firm Ends 30-Year Run - Bloomberg Today's Comments MBS Live Chat - 12:48PM "looks like a day of sideways/holding pattern until GDP tomorrow and NFP on friday..." MBS Live Chat - 12:51PM "Local AM station in Los Angeles / Orange County is predicting a sub 100K number on Friday...." MBS Live Chat - 12:53PM "from Gallup, In a month when government workers at all levels reported less hiring at their workplaces, Gallup's Job Creation Index dipped slightly in October to +19, the first time since April the index has registered below plus 21. From a longer-term perspective, the index in October is similar to..." MBS Live Chat - 12:54PM "sub 100k, historically, would not be a big miss at all. It's entirely possible..." MBS Live Chat - 12:58PM "Understandable, but if we miss at sub 100K, would that at least help us avert a sell off?..." MBS Live Chat - 1:02PM "probably avert, but not sure how far it would move us in the other direction...." MBS Live Chat - 1:04PM "Well, I am a realist. I don't expect too much out of it, given a miss, but would like to avoid a face melter!!..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.30% +0.01 15 Yr FRM 3.41% +0.01 FHA 30 Year Fixed 3.95% +0.02 Jumbo 30 Year Fixed 4.29% +0.00 5/1 Yr ARM 3.19% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.62% 1.06 +0.18 30 Yr. Fixed 4.49% 1.21 +0.22 MBA ** 30 Yr. Fixed 4.32% 0.42 -0.01 15 Yr. Fixed 3.44% 0.30 +0.02 30 Yr. Jumbo 4.37% 0.26 +0.01 30 Yr. FHA 4.07% 0.22 +0.01 5/1 ARM 3.08% 0.31 -0.09 Freddie Mac ** 30 Yr. Fixed 4.10% 0.70 -0.03 15 Yr. Fixed 3.20% 0.70 -0.04 1 Yr. ARM 2.64% 0.40 +0.04 5/1 Yr. ARM 2.96% 0.40 -0.04 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 97.55 +0.09 30YR FNMA 3.5 101.81 +0.16 30YR GNMA 3.0 98.50 +0.11 30YR GNMA 3.5 102.83 +0.13 15YR FNMA 3.0 103.72 +0.25 15YR FNMA 2.5 100.53 +0.14 Treasuries Yield Change 2 YR 0.2935% -0.0119 5 YR 1.3395% -0.0440 10 YR 2.6458% -0.0238 30 YR 3.7750% +0.0054 Prices as of: 11/6/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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