Daily Newsletter: Survey Respondents see Home Prices, Interest Rates, and Rents Leveling; City Sues Santander over Discrimination; Rates move Slightly Higher

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30 Year Fixed 4.23%   +0.04 15 Year Fixed 3.34%   +0.02 10YR Treasury 2.61%   +0.0145 FNMA 30YR 3.5 102.28   -0.09 FNMA 15YR 2.5 103.66   -0.06 View Today's Rates

Monday June 9, 2014 MND NewsWire - 12:28PM Survey Respondents see Home Prices, Interest Rates, and Rents Leveling No matter how the results of Fannie Mae's National Housing Survey for May are interpreted, it is hard to see them as good short terms news for the housing market. The company says that ... MND NewsWire - 10:48AM City Sues Major Bank for Redlining (What's Redlining?) In November 2012 then Federal Reserve Board Chairman Ben Bernanke told an audience attending a HOPE Now event in Atlanta that there were two types of discrimination that continue to ... Mortgage Rate Watch - 3:11PM Mortgage Rates Back up to Last Wednesday's Levels Mortgage rates rose moderately today. Market conditions were exceptionally quiet and after trading opened in the secondary mortgage market, there was almost no movement for the rest ... Pipeline Press - 10:26AM Credit Availability Increasing; CFPB's Supervisory Highlights; Student Debt I don't know where this topic falls, somewhere between "That's mildly interesting", and, "So what?" Although I bike a lot, I might fall into the, "I can't believe someone got paid to ... MBS Week Ahead: For Bonds, Quiet Week Leaves Time to Reflect FHFA is Ready For Your Comments on Postponed G-Fee Increases Latest Video Will be years before 10-year reaches 3%: Mark Grant Fed's Rosengren: Rate hike not appropriate Santelli Exchange: Unemployment rate 'wink' More News from 'Around the Web' Calculated Risk Blog - 3:43PM Home Sales Soft without "Big Deals" CNBC - 2:36PM Hold bank directors responsible: Fed boss WSJ - 2:34PM Fed's Rosengren: May Extend Taper Process To Reinvestment Buying OCC - 1:01PM Deputy Comptroller Addresses Veterans Association of Real Estate Professionals Bloomberg - 1:00PM Wall Street's Bond Contrarians Lose Out as Market Rallies - Bloomberg CNBC - 11:49AM Why the jobs report points to the beach Market Watch - 11:49AM Wells Fargo shares hit all-time high CNBC - 11:49AM Macroeconomy normalizing: Fed's Bullard NY Fed - 11:42AM New York Fed Survey Shows Consumer Expectations Remain Steady CNBC - 10:44AM Robots are about to steal your job Market Watch - 10:44AM The Wall Street Journal: Stock investors unnerved by paltry wage growth The Huffington Post - 9:29AM Lawyers Are Now The Driving Force Behind Mortgage Scams blog.redfin.com - 9:25AM Going From Renting to Buying a Home: 5 Things to Know CNBC - 8:48AM Are Treasury yields headed for JGB levels? Market Watch - 8:45AM Treasurys fall ahead of $62 billion in debt sales Bloomberg - 8:45AM Italy, Spain Bonds Extend Rally to Third Day on ECB Rates View - Bloomberg Today's Comments MBS Live Chat - 12:24PM "MG - I don't know if you stated this already but when is the roll for MBS's this month?..." MBS Live Chat - 12:24PM "tomorrow night..." MBS Live Chat - 1:34PM "RTRS - ROSENGREN: HOLDING MBS COULD HELP FED CONTAIN ANY FUTURE HOUSING MARKET BUBBLES..." MBS Live Chat - 1:38PM "Okay now I feel stupid. So, how exactly does the Fed "holding MBS" help contain future housing market bubbles? Someone please explain......." MBS Live Chat - 1:39PM "they can sell to puch rates UP..." MBS Live Chat - 1:41PM "higher rates would cool housing so bubble would be contained if they did that..." MBS Live Chat - 1:43PM "So holding MBS would keep supply lower theoretically keeping prices firmer and rates lower all thing being equal) which could possible help fuel a bubble. What am I missing?..." MBS Live Chat - 1:43PM "maybe meant, hold mbs now and if a bubble starts then sell..." MBS Live Chat - 1:44PM "HP - yes thats a good point but if they sold and help zero then the gun is empty..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.23% +0.04 15 Yr FRM 3.34% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.05% +0.04 5/1 Yr ARM 3.21% -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 4.31% 0.15 -0.02 15 Yr. Fixed 3.42% 0.06 -0.01 30 Yr. Jumbo 4.23% 0.16 -0.01 30 Yr. FHA 4.04% -0.45 -0.02 5/1 ARM 3.13% 0.19 -0.01 Freddie Mac ** 30 Yr. Fixed 4.14% 0.50 +0.02 15 Yr. Fixed 3.23% 0.50 +0.02 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.93% 0.40 -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 97.92 -0.13 30YR FNMA 3.5 102.28 -0.09 30YR GNMA 3.0 99.91 -0.17 30YR GNMA 3.5 103.31 -0.09 15YR FNMA 3.0 103.66 -0.06 15YR FNMA 2.5 101.06 -0.14 Treasuries Yield Change 2 YR 0.4268% +0.0200 5 YR 1.6825% +0.0331 10 YR 2.6113% +0.0145 30 YR 3.4472% +0.0059 Prices as of: 6/9/2014 4:08PM 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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