Daily Newsletter: Growing Elderly Population brings Growing Housing Concerns; Rates Push Back on Jobs Report; FHA Change Reminder

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30 Year Fixed 4.15%   +0.01 15 Year Fixed 3.31%   +0.03 10YR Treasury 2.46%   +0.0019 FNMA 30YR 3.5 102.66   +0.05 FNMA 15YR 2.5 103.58   +0.08 View Today's Rates

Friday September 5, 2014 MND NewsWire - 3:08PM Growing Elderly Population brings Growing Housing Concerns Housing America's Older Adults, a new study conducted by Harvard's Joint Center for Housing Studies for the AARP Foundation points to the problems for housing as America's population ... Mortgage Rate Watch - 4:11PM Mortgage Rates Push Back Against Jobs Report Mortgage rates were lower out of the gate this morning after the weaker-than-expected jobs report fueled bond market gains. As bond prices rise, rates fall. But bonds--specifically ... Pipeline Press - 10:35AM Housing and Economic Trends; Bank vs. Mortgage Bank LO Comp; Reminder of FHA's Change There's a lot of data swirling around the demographic black-hole of lending known as "the Millennials." I've come to the conclusion that this is because the majority of analysts fall ... MBS Commentary - 5:05PM MBS RECAP: Negative Momentum Trumps Post-NFP Rally Some movies are interesting and dramatic in a way that real life tends not to be. This even applies to many TV series where the protagonist "solves" the case, explaining the seemingly ... Credit Access Dipped in August, but FHA Construction/Rehab Expanded Judge Rejects Mortgage Suit; New Penn Buys Shelter; New Liquidity Rules for Big Banks Latest Video Tepper to CNBC: Beginning of end for bond rally I don't believe jobs data: Zandy Santelli Exchange: Getting Fed's attention More News from 'Around the Web' WSJ - 4:34PM Fed's Rosengren: 'Significant' Slack Calls for 'Patient' Monetary Policy Google News - 3:10PM The $400 million case for a single GSE security WSJ - 1:21PM WSJ's Hilsenrath: Jobs Report Leaves Fed in No Hurry To Alter Views on Slack or Rates WSJ - 12:03PM Charting Historical Jobs Recoveries: This Time Is Different WSJ - 12:03PM Economists React: August's Slower Job Gains an 'Isolated Blip' CNBC - 11:00AM ECB's stimulus surprise: Reactions around Europe rss.nytimes.com - 11:00AM Employment Picture: Jobs Report: Not Good, but Not Terrible Either www.americanprogress.org - 11:00AM Is the FHA Distressed Asset Stabilization Program Meeting Its Goals? CNBC - 8:53AM US created 142,000 jobs in August vs 225,000 est; jobless rate at 6.1% vs 6.1% est CNBC - 8:52AM Kocherlakota: Rates are not low enough Bloomberg - 8:51AM Banks Left Guessing If Mortgage Bonds Liquid Under Rules - Bloomberg WSJ - 1:23AM U.S. Needs Lower Rates, More Inflation: Fed's Kocherlakota CNBC - 1:22AM 'Bold action' needed on Europe unemployment: Report Today's Rates Best Execution Rate Change 30 Yr FRM 4.15% +0.01 15 Yr FRM 3.31% +0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.03% +0.01 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 3.56% 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 4.10% 0.50 +0.00 15 Yr. Fixed 3.24% 0.50 -0.01 1 Yr. ARM 2.40% 0.40 +0.01 5/1 Yr. ARM 2.97% 0.50 +0.00 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 99.00 0.00 30YR FNMA 3.5 102.66 +0.05 30YR GNMA 3.0 100.95 -0.03 30YR GNMA 3.5 103.80 +0.03 15YR FNMA 3.0 103.58 +0.08 15YR FNMA 2.5 101.11 +0.06 Treasuries Yield Change 2 YR 0.5119% -0.0237 5 YR 1.6907% -0.0246 10 YR 2.4569% +0.0019 30 YR 3.2239% +0.0091 Prices as of: 9/5/2014 4:27PM 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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