Daily Newsletter: Mortgage Rates Snap 7 Day Winning Streak; Tax Time Advice for Mortgage Seekers; FHA HAWK Program; Lending Survey

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30 Year Fixed 4.37%   +0.03 15 Year Fixed 3.40%   +0.04 10YR Treasury 2.64%   +0.0144 FNMA 30YR 3.5 101.23   -0.16 FNMA 15YR 2.5 103.33   -0.14 View Today's Rates

Monday April 14, 2014 Mortgage Rate Watch - 3:23PM Mortgage Rates Snap 7 Day Winning Streak Mortgage rates finally ended a move lower than began 7 business days earlier on April 3rd. The biggest movement during that time was the Employment Situation data on April 4th. While ... Community Commentary - 1:36PM Tax Time Do's and Don'ts For a Smoother Mortgage Process Here's a special Tax Time edition of Do's and Don'ts for prospective buyers or refinancing homeowners embarking on, or already engaged in the mortgage process. In case it needs to be ... MBS Commentary - 7:45AM MBS Week Ahead: Economic Data in Focus on Holiday-Shortened Week Certainly the past 6 trading days (NFP Friday and every day thereafter) have been strong for bond markets and weak for stocks. The connection between the two has been fairly strong ... Pipeline Press - 9:03AM Owning Stock in the Agencies; FHA's HAWK Program; ABA Lending Survey Results Certainly many statistics are showing us that things continue to pick up. But is the economy doing as well as the Fed thinks it is? If it is, the improvement is certainly not evident ... Chase Earnings Miss, but 12 Record Quarters in a Row for Wells Health Care Costs Aren't Rising Fast Enough. Wait, What? 'Hope Now' Nears 7 Million Modifications CFPB on Loan Closings; Chase and Wells Mortgage Earnings Reflect the Industry; Lenders Selling Their Only Asset Latest Video Cashin says: Retail sales good, but watch 10-year Spring housing: A wash? To selloff ... or not More News from 'Around the Web' CFPB - 3:53PM Explainer: Federal student loan interest rates to jump CNBC - 3:49PM Kudlow: Yellen's low-flation nonsense Calculated Risk Blog - 3:49PM Housing Tracker Existing Home Inventory up 7.8% year-over-year on April 14th WSJ - 2:09PM Hedge Funds Helped Fan Financial Crisis: SF Fed Paper CNBC - 1:07PM These 3 surprise factors turned tide for stocks Reuters - 1:06PM Lawsuit claims CME gave high-frequency traders special access CNBC - 1:05PM US deficit forecast shrinks WSJ - 12:31PM Home Sellers' Asking Prices Hit Five-Year High NY Fed - 12:28PM New York Fed Survey Shows Consumer Expectations for Labor Market and Household Financial Conditions Improve Slightly Washington Post - 11:28AM Americans report a big jump in personal data theft Reuters - 11:27AM Consumers' view of U.S. job market brightened in March: NY Fed CNBC - 10:43AM Connecticut estate sells for a record $120 million www.ourbroker.com - 10:41AM 5 Financial Missteps That Can Torpedo A Loan Application CNBC - 10:38AM US business inventories point to slower Q1 growth CNBC - 10:38AM Don't panic over last week's selloff: floor trader CNBC - 10:38AM Housing industry asks $5 triln question CNBC - 10:06AM Currency manipulation: The ECB finally said it CNBC - 8:43AM Retail sales torrid in March The Big Picture - 8:23AM The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities Reuters - 8:23AM Housing industry asks $5 trillion question: what does Watt want? Today's Comments MND NewsWire - 12:36AM "I'm sure health care providers, Medicare oriented doctors, and alert personal injury lawyers will now consider it their patriotic duty to singlehandedly raise health care spending whenever possible. Next up, oil company executives will strive to raise energy costs to help the Fed raise inflation to its..." MND NewsWire - 9:48AM "Food, energy, and health care---three things that are essential to life as we know it. And food and energy are excluded from their calculations? Why bother to do the calculations at all if this is the case...." Community Commentary - 1:49PM "Great article Ted!..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.37% +0.03 15 Yr FRM 3.40% +0.04 FHA 30 Year Fixed 4.00% +0.25 Jumbo 30 Year Fixed 4.15% +0.04 5/1 Yr ARM 3.25% +0.01 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% 0.33 +0.00 15 Yr. Fixed 3.62% 0.31 +0.00 30 Yr. Jumbo 4.49% 0.14 +0.03 30 Yr. FHA 4.19% 0.16 -0.02 5/1 ARM 3.26% 0.31 +0.01 Freddie Mac ** 30 Yr. Fixed 4.34% 0.70 -0.07 15 Yr. Fixed 3.38% 0.60 -0.09 1 Yr. ARM 2.41% 0.50 -0.04 5/1 Yr. ARM 3.09% 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 97.19 -0.14 30YR FNMA 3.5 101.23 -0.16 30YR GNMA 3.0 99.17 -0.16 30YR GNMA 3.5 102.70 -0.20 15YR FNMA 3.0 103.33 -0.14 15YR FNMA 2.5 100.61 -0.14 Treasuries Yield Change 2 YR 0.3710% +0.0120 5 YR 1.6101% +0.0328 10 YR 2.6427% +0.0144 30 YR 3.4893% +0.0017 Prices as of: 4/14/2014 4:03PM 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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