Daily Newsletter: Housing Market Improvements Changing The Approach for Investors; Rates Move Higher After Fed Minutes; Bond Market's Dirty Secret; Refinance Apps Pick Up

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30 Year Fixed 4.18%   +0.02 15 Year Fixed 3.31%   +0.00 10YR Treasury 2.43%   +0.0248 FNMA 30YR 3.5 102.36   -0.13 FNMA 15YR 2.5 103.31   -0.13 View Today's Rates

Wednesday August 20, 2014 MND NewsWire - 2:35PM Housing Market Improvements Changing The Approach for Investors Realtors responding to a recent survey by the California Association of Realtors® (C.A.R.) reported that investors and investor sales are a shrinking part of their business. Investor ... Mortgage Rate Watch - 4:36PM Mortgage Rates Move Higher After Fed Minutes Mortgage rates were higher for a third straight day as financial markets continue a measured correction from last Friday's volatility. At that time, headlines concerning Ukraine destroying ... MBS Commentary - 5:19PM MBS RECAP: Bond Markets Dirty Secret About the Past Three Days Bond markets have a secret. Or rather, we have to pretend like it's a secret in order to turn something very boring into something remotely interesting. But this way, at least if your ... MND NewsWire - 8:51AM Refinancing Rebounds Slightly as Rates Dip; Purchases Slide As interest rates pulled back last week, refinancing drove mortgage application activity slightly higher . The Mortgage Bankers Association said that its Market Composite Index, a measure ... CFPB Issues Servicing Rules, Annual CARD, HOEPA, and QM Adjustments; Upcoming Events Latest Video Bank of America reaches $17 billion settlement: AP When the Fed moves on rates Santelli: Subtle 'staircase feel' in rates More News from 'Around the Web' Bloomberg - 4:27PM Countrywide's Mozilo Said to Face US Suit Over Subprime Loans - Bloomberg Reuters - 2:36PM Fed notes labor market progress, but not convinced yet: minutes CNBC - 2:36PM BofA reaches $17B settlement with US www.aei-ideas.org - 1:51PM Explaining the weakness in wages Market Watch - 1:04PM Bond Report: Treasurys slip for third day ahead of Fed minutes CNBC - 11:38AM Five reasons the Fed should raise rates WSJ - 11:37AM Subprime Auto Lending Rise Not Yet Worrisome: N.Y. Fed Economists CNBC - 10:43AM CNBC Fed Survey: CNBC's Steve Liesman: Wall Street Expects Really Dovish Fed on Rate Hikes transunion.mwnewsroom.com - 8:59AM TransUnion: Mortgage Delinquency Rate Continues to Drop Across All Age Groups CNN - 1:37AM The housing lottery game Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% +0.02 15 Yr FRM 3.31% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.06% +0.01 5/1 Yr ARM 3.25% +0.00 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 4.35% 0.22 +0.00 15 Yr. Fixed 3.48% 0.30 -0.03 30 Yr. Jumbo 4.24% 0.19 -0.02 30 Yr. FHA 4.04% 0.03 -0.02 5/1 ARM 3.24% 0.45 -0.08 Freddie Mac ** 30 Yr. Fixed 4.12% 0.60 -0.02 15 Yr. Fixed 3.24% 0.60 -0.03 1 Yr. ARM 2.36% 0.50 +0.01 5/1 Yr. ARM 2.97% 0.50 -0.01 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 98.69 -0.13 30YR FNMA 3.5 102.36 -0.13 30YR GNMA 3.0 100.78 -0.33 30YR GNMA 3.5 103.59 -0.27 15YR FNMA 3.0 103.31 -0.13 15YR FNMA 2.5 100.94 -0.14 Treasuries Yield Change 2 YR 0.4757% +0.0443 5 YR 1.6332% +0.0544 10 YR 2.4281% +0.0248 30 YR 3.2189% +0.0033 Prices as of: 8/20/2014 4:31PM 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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