Daily Newsletter: Mortgage Rates Lowest in More Than a Week; Existing Home Sales Fall on Dwindling Investor Participation; Ginnie Mae Changes

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30 Year Fixed 4.22%   -0.02 15 Year Fixed 3.37%   -0.02 10YR Treasury 2.57%   -0.0126 FNMA 30YR 3.5 101.95   +0.13 FNMA 15YR 2.5 102.94   +0.08 View Today's Rates

Monday September 22, 2014 Mortgage Rate Watch - 4:16PM Mortgage Rates Lowest in More Than a Week Mortgage rates continued lower at a moderate pace for a second straight day, raising hopes that markets might be pushing back against the existing September trend. That trend has seen ... MND NewsWire - 11:35AM Existing Home Sales Reflect Dwindling Investor Participation The investors who kept the real estate market living and breathing through the worst days of the housing crash continue to drift out of the market the National Association of Realtors® ... MND NewsWire - 1:23PM Summit Unveils Ginnie Mae Changes, Policy Deliberations The second annual Ginnie Mae Summit opened today in Washington with a keynote speech from the new Secretary of Housing and Urban Development Julian Castro and proceeded with several ... MBS Commentary - 7:32AM MBS Week Ahead: Housing Data, Treasury Auctions, Fed Speakers, and GDP This will be a relatively busy week for economic data and scheduled events. No single item stands out as an epic potential market mover, but the team effort looks solid. At stake is ... MBS MID-DAY: Positive Trend Intact so Far; Minimal Impact From Home Sales Data Current State M&A and Why Mortgage Companies, Big and Small, are Moving Latest Video August existing home sales down 1.8% Santelli tracks the dollar Investors slow home buying More News from 'Around the Web' Market Watch - 5:19PM Wells Fargo Advisors to pay $5 million fine over controls failure WSJ - 5:19PM Why Wall Street Cares About Inequality CNBC - 5:17PM Americans: Gov't favors corporations Bloomberg - 2:47PM Declining FHA Mortgage Volume Mirrors Market, HUD's Castro Says - Bloomberg CNBC - 2:38PM What dollar's rise reveals about rates WSJ - 2:37PM Five Takeaways: Mortgage Lending Hit Six-Year High in 2013, But CFPB - 1:17PM Updated mortgage data available WSJ - 12:12PM How Income Compares to Spending: 1993 vs. 2013 CNBC - 12:01PM Recovery eludes long-term unemployed The Big Picture - 12:01PM FOMC dissents from 1936 until 2013 WSJ - 12:01PM NY Fed Dudley Says Would Be 'Very Happy' To Raise Rates Some Time In 2015 Reuters - 10:50AM U.S. existing home sales fall as investors leave WSJ - 10:50AM Rate of Americans Starting Own Households 'Disturbingly Slow' WSJ - 10:00AM Cash Home Sales, While High, Are Falling Google News - 10:00AM Is housing assistance a safety net or a springboard? Market Watch - 10:00AM Bond Report: Treasurys rise as investors fret over China's growth blogs.wsj.com - 8:48AM The Fed's Exit Plan is Still a Work in Progress CNBC - 8:46AM Treasury bonds gain ahead of home sales data Market Watch - 8:45AM The case for paying off your mortgage before retirement Today's Rates Best Execution Rate Change 30 Yr FRM 4.22% -0.02 15 Yr FRM 3.37% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.07% -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 4.27% 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 98.25 +0.11 30YR FNMA 3.5 101.95 +0.13 30YR GNMA 3.0 100.42 +0.05 30YR GNMA 3.5 103.06 +0.06 15YR FNMA 3.0 102.94 +0.08 15YR FNMA 2.5 100.58 +0.16 Treasuries Yield Change 2 YR 0.5528% -0.0161 5 YR 1.7826% -0.0333 10 YR 2.5655% -0.0126 30 YR 3.2882% +0.0000 Prices as of: 9/22/2014 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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