Daily Newsletter: A Look at Housing’s One-Percenters; Mortgage Rates Higher; Increasing Focus on HELOCS

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30 Year Fixed 4.49%   +0.03 15 Year Fixed 3.51%   +0.02 10YR Treasury 2.72%   +0.0343 FNMA 30YR 3.5 100.59   -0.20 FNMA 15YR 2.5 102.69   -0.16 View Today's Rates

Friday March 28, 2014 MND NewsWire - 2:34PM A Look at Housing's One-Percenters CoreLogic Chief Economist Mark Fleming suggests that an examination of housing's one-percenters might be as valuable an analysis as a glance at that segment's income and/or wealth distribution ... Pipeline Press - 9:13AM The CFPB on payday lending & FCRA; increasing focus on 2nds and HELOCs - are we talking not enough or too much? My cats Myrtle and Gusto are keenly aware that I use a credit card to buy their salmon-infused kibble when it runs low. And so they were very interested to learn that JPMorgan reported ... Mortgage Rate Watch - 5:19PM Mortgage Rates Higher Today, but Lower on the Week Mortgage rates finally experienced a correction to the 5-day winning streak that had carried them lower after last week's spike. On a slightly unsatisfying note, the winning streak ... MBS Commentary - 4:53PM MBS RECAP: Bond Markets Correct Bullish Run, More Neutral for NFP Week If you'd like to reduce this week's activity to a very basic concept and seek to explain just about everything we've seen in the past week as a function of that concept, that's probably ... MBS MID-DAY: Bond Markets Give up Morning Gains as Stocks Rally Fannie Mae REO Purchase Incentives Extended Pending Home Sales Weaker Again, but May be Stabilizing Latest Video RE/MAX CEO: There's a lot of buyers out there Santelli: The chart that matters The Week Ahead: March jobs report More News from 'Around the Web' www.aei-ideas.org - 4:27PM How is the real US economy doing? Reuters - 4:26PM Fed's George wants end to zero rates, does not say when Market Watch - 2:19PM Jennifer Openshaw: A Craigslist for lenders and borrowers CNBC - 12:39PM Housing in recovery, but not its stocks Market Watch - 11:22AM The Technical Indicator: S&P 500 survives another retest of major support blog.redfin.com - 11:22AM 10 Home Projects that Can Increase Value blog.redfin.com - 11:22AM Spring Maintenance Checklist for Homeowners WSJ - 10:18AM Americans Must Adjust to a World Dominated by China — Fed's Bullard WSJ - 10:18AM Fed in No Hurry to Decide Mechanics of Rate Increases WSJ - 10:18AM Inflation Slows Again, Bouncing Around Four-Year Low CNBC - 10:08AM Consumer sentiment hits 80 in March vs. 80.5 estimate House Financial Services - 9:38AM Oversight and Investigations Subcommittee Chairman McHenry Responds to CFPB Refusal to Attend Hearing CNBC - 9:24AM Fed official: No rate rise until 2015 CNBC - 9:22AM Home improvements with the most bang for the buck Market Watch - 8:41AM Institutional investors cool on housing market CNBC - 8:40AM US bond yields boosted by China stimulus hopes Bloomberg - 12:22AM Freddie-Fannie, Money Markets, Bank Conflicts: Compliance - Bloomberg Bloomberg - 12:22AM Treasuries Head for First Monthly Loss This Year on Fed Outlook - Bloomberg Reuters - 9:19PM Judge rules Goldman must face lawsuit over mortgage securities Today's Comments MBS Live Chat - 3:38PM "who is locking in?..." MBS Live Chat - 3:39PM "play defense next week..." MBS Live Chat - 3:41PM "I believe we'll see selling into NFP on Friday, I personally think pricing is the best it will be until at least Friday...." MBS Live Chat - 3:42PM "We've been in a downward price channel for about a month now and we're bumping up on the upper bound of that channel. I would think seriously about protecting what we have right now...." MBS Live Chat - 3:43PM "brent nailed it. i'd be very cautious with advice to clients leading up to 4/4..." MBS Live Chat - 3:52PM "my only hesitation of locking today is that Monday is the last day of the month...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.49% +0.03 15 Yr FRM 3.51% +0.02 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.27% +0.02 5/1 Yr ARM 3.23% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.80% 1.10 +0.13 30 Yr. Fixed 4.67% 1.44 +0.13 MBA ** 30 Yr. Fixed 4.56% 0.29 +0.06 15 Yr. Fixed 3.62% 0.24 +0.10 30 Yr. Jumbo 4.45% 0.27 +0.06 30 Yr. FHA 4.16% 0.23 +0.03 5/1 ARM 3.22% 0.32 +0.13 Freddie Mac ** 30 Yr. Fixed 4.40% 0.60 +0.08 15 Yr. Fixed 3.42% 0.60 +0.10 1 Yr. ARM 2.44% 0.40 -0.05 5/1 Yr. ARM 3.10% 0.50 +0.08 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 96.48 -0.20 30YR FNMA 3.5 100.59 -0.20 30YR GNMA 3.0 98.31 -0.16 30YR GNMA 3.5 102.03 -0.16 15YR FNMA 3.0 102.69 -0.16 15YR FNMA 2.5 99.92 -0.05 Treasuries Yield Change 2 YR 0.4535% +0.0039 5 YR 1.7479% +0.0279 10 YR 2.7226% +0.0343 30 YR 3.5481% +0.0193 Prices as of: 3/28/2014 4:30PM 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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