Daily Newsletter: Mortgage Rates at 2 Week Lows; Housing Struggling for Traction; Home Price Gains Decelerating

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30 Year Fixed 4.21%   -0.01 15 Year Fixed 3.36%   -0.01 10YR Treasury 2.53%   -0.0362 FNMA 30YR 3.5 102.13   +0.17 FNMA 15YR 2.5 103.03   +0.09 View Today's Rates

Tuesday September 23, 2014 Mortgage Rate Watch - 3:45PM Mortgage Rates at 2 Week Lows Mortgage rates were lower for a 3rd straight day, effectively confirming that markets hadn't merely paused for reflection on a determined move to new 2014 highs. For a few days, that ... MND NewsWire - 12:58PM Housing Struggling for Traction Fannie Mae says Fannie Mae's economists are painting a much improved picture for the economy in the coming months with encouraging news in the area of business investment, manufacturing, and business ... MND NewsWire - 12:43PM Home Price Deceleration Evident in Some Census Regions Home prices as measured by the Federal Housing Finance Agency (FHFA) eked out another small increase in July, but monthly figures show a definite slowing in the rate of price increases ... Pipeline Press - 10:58AM FHA Changes on Their Way; Servicing on the Move; Upcoming Events It would be nice to think that fraud in any industry doesn't exist - but it does. And a story in the Los Angeles Times reminds readers that fraud is still a problem in residential lending ... MBS MID-DAY: Just When You Thought it Couldn't Get Any More Sideways MBS Day Ahead: Limited Economic Data; More Fed Speakers; Auctions Begin Latest Video Millennials holding back housing recovery? Santelli: Treasury market back to sleep Fed rate hike talk divides Wall Street More News from 'Around the Web' CNBC - 4:49PM Don't worry about the first rate hike Bloomberg - 3:24PM Fed's Kocherlakota Sees Inflation Below 2% for Next Four Years - Bloomberg WSJ - 2:34PM Low-Income Home Buyers Left Behind CNN - 1:07PM Billionaires are hoarding more cash CNBC - 1:01PM Pricing luxury real estate is an art and science Reuters - 12:03PM U.S. manufacturing activity holds near four and a half year high WSJ - 12:01PM Fed's Bullard Still Looks to 1st Quarter 2015 Fed Rate Increase WSJ - 10:51AM U.S. Home Prices Are Now Just 6.4% Below All-Time High CNBC - 10:48AM Here are the best places to buy and sell houses www.nytimes.com - 8:58AM Charles Plosser and Richard Fisher, Both Dissenters, to Retire From Fed Bloomberg - 8:49AM Housing to Outrun Capital Spending in Next Leg of U.S. Growth - Bloomberg Bloomberg - 8:47AM ECB Bond-Buying Challenge to Be Heard by EU Top Court on Oct. 14 - Bloomberg CNBC - 8:45AM Fed rate tug-of-war divides bond & stock investors Today's Rates Best Execution Rate Change 30 Yr FRM 4.21% -0.01 15 Yr FRM 3.36% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.06% -0.01 5/1 Yr ARM 3.23% +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 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.23% 0.50 +0.11 15 Yr. Fixed 3.37% 0.50 +0.11 1 Yr. ARM 2.43% 0.40 -0.02 5/1 Yr. ARM 3.06% 0.50 +0.07 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 98.45 +0.20 30YR FNMA 3.5 102.13 +0.17 30YR GNMA 3.0 100.56 +0.14 30YR GNMA 3.5 103.20 +0.14 15YR FNMA 3.0 103.03 +0.09 15YR FNMA 2.5 100.64 +0.06 Treasuries Yield Change 2 YR 0.5406% -0.0122 5 YR 1.7610% -0.0216 10 YR 2.5293% -0.0362 30 YR 3.2455% -0.0427 Prices as of: 9/23/2014 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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