Daily Newsletter: Mortgage Rates Slightly Lower; Volatility Ahead; Seasonally-Adjusted Home Prices Down in May

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30 Year Fixed 4.18%   -0.02 15 Year Fixed 3.32%   -0.01 10YR Treasury 2.46%   -0.0270 FNMA 30YR 3.5 102.52   +0.16 FNMA 15YR 2.5 103.41   +0.03 View Today's Rates

Tuesday July 29, 2014 Mortgage Rate Watch - 4:05PM Mortgage Rates Slightly Lower; Volatility Ahead Mortgage rates were slightly lower today, holding inside a low and narrow range that's been intact for nearly 2 weeks. The movement was small enough that some lenders are unchanged ... MND NewsWire - 11:47AM Seasonally-Adjusted Home Prices Declined in May Home price gains continued to slow in May, posting smaller annual increases than In April the S&P Dow Jones Indices said today. The Indices' Case-Shiller 10-City Composite Index ... Pipeline Press - 11:19AM New Products; Regions Bank's Cuts; PHH, NationStar in the News; Radian/NAREB Partnership My plan has always been pretty simple with my children: feed and clothe them in a loving home, make sure they get a college education followed by a good job, then at some point, send ... MBS Commentary - 7:42AM MBS Day Ahead: Last Day of Tame Data Before Things Get Serious Yesterday proved to be anything but serious based on the narrow trading range. 10yr yields only used up half of the range they'd carved out on Friday and MBS, even less than that. With ... CFPB Seeks to Modify HMDA Data Collection; Raises Privacy Concerns Zillow to Acquire Trulia; both Companies to Maintain Course Latest Video Why are rates moving so low? Robert Shiller: New anxieties at work Gauging nation's housing market More News from 'Around the Web' freddiemac.mwnewsroom.com - 4:44PM Freddie Mac 2014 Second Quarter Refinance Report CFPB - 4:44PM We've extended the comment period for our complaint narrative policy CNBC - 4:04PM Fed exit will end badly: Economist CNBC - 4:03PM US to sanction additional Russian banks WSJ - 3:04PM Russia Risk Propels Europe Bonds to Record Highs WSJ - 2:35PM Forward Guidance: What to Watch at This Week's Fed Meeting Market Watch - 1:28PM Treasurys extend gains after strong 5-year auction Calculated Risk Blog - 12:05PM House Prices: Real Prices and Price-to-Rent Ratio decline in May CNBC - 10:59AM US confidence soars to highest in nearly 7 years Reuters - 10:56AM U.S. homeownership rate falls to 19-year low in second quarter WSJ - 10:56AM Housing Slowdown? The Case-Shiller Index in Five Charts CNBC - 10:55AM European bond bulls run wild as yields plunge www.bloombergview.com - 9:32AM If You Can't Lose,You're a Loser CNBC - 9:25AM Why Trulia deal won't fix Zillow's stock for long CNBC - 9:25AM Home prices rise at slowest pace since Feb 2013 Bloomberg - 8:49AM Million-Dollar US Housing Loans Surge to Record Level - Bloomberg www.cfpbmonitor.com - 8:49AM Update on certiorari petition in Texas FHA case Today's Comments MBS Live Chat - 3:50PM "RTRS - U.S. SELLS $35 BLN 5-YEAR NOTES AT HIGH YIELD 1.720 PCT, AWARDS 28.92 PCT OF BIDS AT HIGH..." MBS Live Chat - 3:50PM "RTRS- U.S. 5-YEAR NOTES BID-TO-COVER RATIO 2.81, NON-COMP BIDS $50.47 MLN..." MBS Live Chat - 3:50PM "A- at least..." MBS Live Chat - 3:51PM "what would happen if Russia starts dumping treasuries in retaliation? Significant or de minimus..." MBS Live Chat - 3:51PM "someone else would be happy to buy them..." MBS Live Chat - 4:05PM "Russia has already sold some...had 150b in Oct of 2013, now only 111b..." MBS Live Chat - 4:06PM "http://mndne.ws/1nA8Yfl..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% -0.02 15 Yr FRM 3.32% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% -0.02 5/1 Yr ARM 3.22% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.32% 0.16 +0.04 15 Yr. Fixed 3.40% 0.22 -0.02 30 Yr. Jumbo 4.24% 0.16 -0.02 30 Yr. FHA 4.02% -0.03 +0.03 5/1 ARM 3.40% 0.22 -0.02 Freddie Mac ** 30 Yr. Fixed 4.13% 0.60 +0.00 15 Yr. Fixed 3.26% 0.60 +0.03 1 Yr. ARM 2.39% 0.40 +0.00 5/1 Yr. ARM 2.99% 0.50 +0.02 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 98.72 +0.19 30YR FNMA 3.5 102.52 +0.16 30YR GNMA 3.0 100.67 +0.19 30YR GNMA 3.5 103.48 +0.16 15YR FNMA 3.0 103.41 +0.03 15YR FNMA 2.5 101.08 +0.06 Treasuries Yield Change 2 YR 0.5472% +0.0431 5 YR 1.6881% -0.0166 10 YR 2.4601% -0.0270 30 YR 3.2264% -0.0274 Prices as of: 7/29/2014 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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