Daily Newsletter: Mortgage Rates Hit a Snag; New Home Sales Soar; Mortgage Applications Retreat; 2013 HMDA Data

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30 Year Fixed 4.22%   +0.01 15 Year Fixed 3.37%   +0.01 10YR Treasury 2.57%   +0.0362 FNMA 30YR 3.5 102.00   -0.13 FNMA 15YR 2.5 102.92   -0.11 View Today's Rates

Wednesday September 24, 2014 Mortgage Rate Watch - 3:55PM Mortgage Rates Hit Snag in Recent Winning Streak Mortgage rates moved higher today , ending a winning streak that began last Friday. That positivity provided a much-needed push back against the pervasive weakness during the entire ... MND NewsWire - 10:40AM New Home Sales Cross Half-Million Mark; 1st Time in 6 Years There was a significant jump in new home sales in August as the seasonally adjusted rate broke through the half million mark for the first time since May 2008 . The Census Bureau and ... MND NewsWire - 9:19AM Mortgage Applications Retreat after One Week Rally Last week's rally in mortgage application activity was just that, last week's. The Mortgage Bankers Association (MBS) said today that the number of applications for both refinancing ... Pipeline Press - 10:49AM 2013 HMDA Data Out; MBS Holdings in Flux; Student Debt Impact Quantified I like to put my money to work. I could earn some decent dividend returns (3-4%) if I buy some Exxon, or AT&T. Or maybe I should start loaning my money out like this lender , and ... MBS MID-DAY: Under Moderate Pressure Ahead of 5yr Auction; Stock Lever in Play MBS Day Ahead: Stock/Bond Connection Getting More Interesting Since FOMC Latest Video First time home buyer reappearing? Housing: Why West is the best New homes sales soar, mortgage apps decline More News from 'Around the Web' Bloomberg - 5:02PM Fannie Mae Says Operating Chief Edwards to Step Down Next Year - Bloomberg WSJ - 5:01PM Why Fears of a Subprime Auto Bubble Are Overblown—For Now Bloomberg - 3:11PM KB Home Declines After Earnings Miss Analyst Estimates - Bloomberg WSJ - 3:11PM Not So August: Builders, Economists Still See Mediocre New-Home Sales in 2014 WSJ - 1:37PM Fed Should Be 'Exceptionally Patient' on Rate Hikes, Evans Says WSJ - 1:37PM Fed's Mester Upbeat on Economy, Wants Fed Policy Clearly Data Driven www.coloradoattorneygeneral.gov - 1:36PM COLORADO ATTORNEY GENERAL ANNOUNCES SIX FAMILY MEMBERS INDICTED FOR MORTGAGE-FRAUD SCHEME CNBC - 12:13PM Student debt at all-time high of $1.2 trillion CNBC - 12:13PM Amazon steps up 'smart' home gadgets www.cfpbmonitor.com - 12:13PM CFPB releases report on fair credit exams and white paper on proxy methodology Google News - 12:04PM The single-family rental securitization market won't exceed $20 billion Reuters - 10:33AM U.S. new home sales race to six-year high in August CNBC - 10:32AM US home sales surge 18 percent in August blog.redfin.com - 8:51AM Newly Listed Homes Fall an Unexpected 9.3% in August over Last Year Reuters - 8:50AM Futures move higher after third-day skid, housing data due CNBC - 8:49AM US bonds hold gains ahead of five-year auction CNBC - 8:48AM Mortgage-dependent home buyers aren't moving Bloomberg - 12:34AM Norway Jumps to No. 2 Foreign Buyer of U.S. Real Estate - Bloomberg CNBC - 12:23AM About those forecasts for bonds to drop... WSJ - 12:23AM More Americans Forgo Marriage as Economic Difficulties Hit Home Today's Rates Best Execution Rate Change 30 Yr FRM 4.22% +0.01 15 Yr FRM 3.37% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.07% +0.01 5/1 Yr ARM 3.24% +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 98.27 -0.19 30YR FNMA 3.5 102.00 -0.13 30YR GNMA 3.0 100.56 0.00 30YR GNMA 3.5 103.06 -0.14 15YR FNMA 3.0 102.92 -0.11 15YR FNMA 2.5 100.53 -0.11 Treasuries Yield Change 2 YR 0.5866% +0.0460 5 YR 1.7962% +0.0352 10 YR 2.5655% +0.0362 30 YR 3.2765% +0.0310 Prices as of: 9/24/2014 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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