Daily Newsletter: Home Prices Rise Overall, but Some Areas Seeing Sharp Declines; Pending Home Sales Fall Again, but California up 1st Time in 3 Months

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30 Year Fixed 4.42%   -0.01 15 Year Fixed 3.49%   -0.01 10YR Treasury 2.74%   -0.0090 FNMA 30YR 3.5 101.14   -0.05 FNMA 15YR 2.5 103.28   -0.05 View Today's Rates

Monday November 25, 2013 MND NewsWire - 11:59AM Home Prices Rise Overall, but Some Areas Seeing Sharp Declines Home prices rose again nationally in September Lender Processing Services (LPS) said today, but in many areas, notably a lot of the older mill towns in the Northeast, prices are still ... MND NewsWire - 10:44AM Inventories Pulling Home Sales and Prices in Opposite Directions Pending home sales fell in October to the lowest level in nearly a year. The Pending Home Sales Index (PHSI) released this morning by the National Association of Realtors® (NAR ... MND NewsWire - 3:18PM California Purchase Contracts up for First Time in 3 Months Contracts for home purchases in the Golden State increased in October, the first such increase in three months the California Association of Realtors® (C.A.R.) said today. The state ... Mortgage Rate Watch - 4:27PM Mortgage Rates Relatively Unchanged; Some Mid-Day Changes Mortgage rates were steady to slightly lower today despite some volatility and weakness in the Secondary Mortgage Market. This means that MBS prices (the mortgage-backed-securities ... MBS RECAP: Mortgages Underperform Amid Holiday Trading Conditions OIG Recaps 6 Months of Success For Fannie and Freddie CFPB & Credit Card Programs; CRA update; Moody's & Brokers; Blackstone Owns how many Houses? The Week Ahead: Pending Home Sales on Shaky Ground Latest Video Santelli Exchange: The market is tightening up Chinese buy US homes with eye to future Markets record run at risk More News from 'Around the Web' WSJ - 4:54PM Heritage Foundation Opposes Yellen, Says It Will 'Score' Votes www.justice.gov - 4:53PM Justice Department Charges Minn. Condominium Association, Management Company and Property Manager with Discrimination Against Families with Children Reuters - 4:22PM Analysis: What taper? Low rates for longer is key Fed theme for 2014 CNBC - 2:50PM Is US economy in 'permanent slump' www.cfpbmonitor.com - 2:44PM Fed webinar on small creditor qualified mortgages to feature CFPB speakers SIFMA - 2:43PM SIFMA Market Close Recommendations for the US Thanksgiving Day Holiday in the US, the UK and Japan FHFA - 2:42PM FHFA Progress Report Details Advancement on Securitization Infrastructure and Credit Risk Sharing WSJ - 1:25PM Whenever Fed Talks, Markets Move Market Watch - 1:23PM Treasurys hold mostly higher after 2-year auction www.lpsvcs.com - 11:52AM U.S. Home Prices Up 0.2 Percent for the Month; Up 9.0 Percent Year-Over-Year CNBC - 10:15AM Pending home sales fall again Reuters - 10:15AM U.S. private sector rebounds in November: Markit www.philadelphiafed.org - 10:14AM Forecasters Predict Healthier Labor Market www.census.gov - 9:14AM Census Bureau to Postpone Release of Some New Residential Construction Information freddiemac.mwnewsroom.com - 9:12AM Freddie Mac Multifamily Prices 19th Securities Offering This Year, K-035 NAFCU - 9:11AM Johnson: GSE wind-down must not disrupt market Reuters - 8:39AM Stock futures point to continued rally, but oil dips Reuters - 8:38AM Exclusive: Nonprofit that flipped homes to investors faces scrutiny www.npr.org - 8:37AM What Have Mortgage Settlements Done For Homeowners Lately? Bloomberg - 8:36AM Faucets at $1000 Abound as Home Equity Spigot Opens: Mortgages Today's Comments Pipeline Press - 11:44AM "You mentioned in your article that FNMA now allows gifts and does not require a minimum investment in the transaction for a 1 unit purchase. AND that you found a PMI company that would allow that. I just had one and was unable to find a PMI company that would take it without a minimum investment. Can..." Pipeline Press - 4:23PM "Alice I know CMG (MI for credit unions) will accept, as well as MGIC with acceptable FICO scores of course. As little as 3% down payment (gift) required...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.42% -0.01 15 Yr FRM 3.49% -0.01 FHA 30 Year Fixed 4.12% +0.00 Jumbo 30 Year Fixed 4.39% -0.01 5/1 Yr ARM 3.25% +0.02 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 4.46% 0.38 +0.02 15 Yr. Fixed 3.52% 0.33 +0.00 30 Yr. Jumbo 4.47% 0.22 -0.01 30 Yr. FHA 4.14% 0.25 -0.02 5/1 ARM 3.12% 0.27 +0.01 Freddie Mac ** 30 Yr. Fixed 4.22% 0.70 -0.13 15 Yr. Fixed 3.27% 0.70 -0.08 1 Yr. ARM 2.61% 0.40 +0.00 5/1 Yr. ARM 2.95% 0.50 -0.06 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 96.80 -0.08 30YR FNMA 3.5 101.14 -0.05 30YR GNMA 3.0 97.92 -0.09 30YR GNMA 3.5 102.20 -0.06 15YR FNMA 3.0 103.28 -0.05 15YR FNMA 2.5 100.06 -0.06 Treasuries Yield Change 2 YR 0.2866% +0.0041 5 YR 1.3387% -0.0098 10 YR 2.7355% -0.0090 30 YR 3.8239% -0.0080 Prices as of: 11/25/2013 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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