Daily Newsletter: Institutional Investors' Effect on Home Price Appreciation; Rates Hold Steady; Last Week's Rate Rally Boosted Mortgage Apps

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30 Year Fixed 4.42%   +0.00 15 Year Fixed 3.43%   +0.00 10YR Treasury 2.70%   -0.0036 FNMA 30YR 3.5 101.03   +0.05 FNMA 15YR 2.5 103.36   +0.03 View Today's Rates

Wednesday March 5, 2014 MND NewsWire - 12:12PM Institutional Investors' Effect on Home Price Appreciation Even though they stated in a news release two weeks ago that institutional investment was waning, RealtyTrac has released a report on its impact on the housing market. Institutional ... Mortgage Rate Watch - 4:07PM Mortgage Rates Hold Stead After Weaker Economic Data Mortgage rates held steady today, on average, though some lenders are still in slightly worse shape. Weakness in the markets that affect mortgage rates carried over from yesterday and ... MND NewsWire - 8:45AM Full Work Week and Rate Rally Boost Mortgage Apps The volume of mortgage applications increased during the week ended February 28 for the first time since late January. This good news was muted slightly by the fact that the previous ... Pipeline Press - 5:04PM Stonegate Expansion; Trends in the LO Job Description; Studies Point to Mixed Picture for Building & Lending When I was on a pipeline hedging trading desk, we were often expected to have a crystal ball about where the market was going . None of us had one, although we did have coins to flip ... MBS RECAP: Calm Afternoon for Bond Markets, Holding Post-Data Gains FHA Fund Doesn't Need Treasury Draw After All; Groups Call For Fee Reduction Troubling Trends in Housing Market -Black Knight Home Prices Avoid Polar Vortex; Strongest Gains Since 2006 Latest Video ADP job number tepid ... again Google moves into housing Yellen: Never forget individual lives behind statistics More News from 'Around the Web' www.aei-ideas.org - 4:56PM Great stagnation? Why Goldman Sachs thinks the next four decades will 'show significantly faster household income growth' www.mersinc.org - 4:48PM MERS Wins Complete Dismissal of Texas Lawsuit Filed by Counties OCC - 4:48PM Agencies Issue Final Dodd-Frank Act Stress Test Guidance for Medium-Sized Firms Bloomberg - 3:28PM Yellen Says Economy Falling Short of Congress-Mandated Goals - Bloomberg CNBC - 2:32PM Fed: Severe weather impact seen throughout economy Washington Post - 2:32PM Why a boost in pickup truck sales means the housing market is in for good news National Housing Conference - 1:51PM President's budget shows sequestration's constraints mean housing advocates must unite www.cfpbmonitor.com - 12:33PM Study Finds Small Banks "Deeply Affected" by Dodd-Frank CNBC - 12:24PM The priciest real estate? Hint: It's not New York Realtor.Org - 12:24PM Success in Real Estate and the 'Latte factor' info.trulia.com - 11:20AM Nation's Sixth Largest MLS Signs Direct Data License with TRULIA DataQuick - 11:18AM January Seattle Region Home Sales Press Release Bloomberg - 11:17AM Lew Calls for Steps to Help Spread Benefits of Economic Growth CNBC - 11:14AM Google invests in real estate site Auction.com CNBC - 8:54AM US created 139,000 private-sector jobs in Feb. vs. 160,000 estimate: ADP CNBC - 8:53AM Flood insurance bill wins House passage Bloomberg - 8:03AM Americans Shut Out of Housing Market Threaten Recovery CNBC - 8:00AM Slide in rates boosts weekly mortgage applications CNBC - 7:57AM Treasurys extend losses as Ukraine fears wane Reuters - 8:35PM Bernanke enjoys 'fruits of free market' with first post-Fed speech Today's Comments MBS Live Chat - 1:42PM "How bad would we be getting crushed if the numbers even just came it at projections today? #greenishardwork..." MBS Live Chat - 2:02PM "According to the beige book, weather has impacted the economy...." MBS Live Chat - 2:18PM "From the "Summary" : Reports from most of the twelve Federal Reserve Districts indicated that economic conditions continued to expand from January to early February. Eight Districts reported improved levels of activity, but in most cases the increases were characterized as modest to moderate. New York..." MND NewsWire - 12:14PM "This is interesting as I am working with a private equity firm who's unwinding a $200M portfolio this year. The first basket is in Seattle & the Bay area, roughly $32M in Sales, all single family REO...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.42% +0.00 15 Yr FRM 3.43% +0.00 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.27% -0.01 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 3.61% 1.06 -0.10 30 Yr. Fixed 4.48% 1.36 -0.10 MBA ** 30 Yr. Fixed 4.53% 0.31 +0.03 15 Yr. Fixed 3.56% 0.28 +0.01 30 Yr. Jumbo 4.47% 0.13 +0.02 30 Yr. FHA 4.17% 0.20 +0.01 5/1 ARM 3.17% 0.31 -0.03 Freddie Mac ** 30 Yr. Fixed 4.37% 0.70 +0.04 15 Yr. Fixed 3.39% 0.70 +0.04 1 Yr. ARM 2.52% 0.40 -0.05 5/1 Yr. ARM 3.05% 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 96.75 +0.06 30YR FNMA 3.5 101.03 +0.05 30YR GNMA 3.0 98.64 +0.08 30YR GNMA 3.5 102.50 +0.06 15YR FNMA 3.0 103.36 +0.03 15YR FNMA 2.5 100.36 +0.03 Treasuries Yield Change 2 YR 0.3331% -0.0038 5 YR 1.5376% -0.0032 10 YR 2.6995% -0.0036 30 YR 3.6421% -0.0087 Prices as of: 3/5/2014 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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