Daily Newsletter: Mortgage Rates Vary by Lender After Volatile Day; Bond Markets to ECB: "That's it?"; Credit Access Lower, but FHA 203k Improves

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30 Year Fixed 4.14%   +0.00 15 Year Fixed 3.28%   +0.00 10YR Treasury 2.46%   +0.0552 FNMA 30YR 3.5 102.61   -0.22 FNMA 15YR 2.5 103.50   -0.14 View Today's Rates

Thursday September 4, 2014 Mortgage Rate Watch - 3:44PM Mortgage Rates Vary by Lender After Volatile Day Mortgage rates ended the day fairly well mixed between higher and lower compared to yesterday. This is heavily dependent on the lender in question as some were noticeably stronger or ... MBS Commentary - 1:00PM MBS MID-DAY: Bond Markets to European Central Bank: "That's it?" It's been a busy morning for bond markets, with lots of economic data as well as the European Central Bank Announcement and Press Conference. Several geopolitical headlines also vied ... MND NewsWire - 10:44AM Credit Access Dipped in August, but FHA Construction/Rehab Expanded The Mortgage Bankers Association (MBA) said on Thursday that overall access to mortgage credit tightened very slightly in August. The Association's Mortgage Credit Availability Index ... Pipeline Press - 1:51PM Judge Rejects Mortgage Suit; New Penn Buys Shelter; New Liquidity Rules for Big Banks A Synergy survey finds Gen Y find the following to be the most important bank features and services: ease of doing business (88%), continual access to ATM, internet and phone (85%) ... MBS Day Ahead: Markets Focusing on ECB Despite Robust Data Calendar Mortgage Applications Stagnant Through Last Week of Summer Latest Video Mortgage crisis really coming? Santelli's bond update after Draghi Jobs report expectations More News from 'Around the Web' WSJ - 4:54PM 5 Things to Watch in Friday's Jobs Report WSJ - 4:52PM Fed: Don't Blame the 1%, Blame the Top 3% Reuters - 3:14PM Fed survey highlights widening U.S. wealth, income gap Bloomberg - 3:13PM Bond Investors Embrace Risk as ECB Starts Asset Purchases - Bloomberg CNBC - 1:02PM Fed could toughen policy as ECB cuts interest rates Market Watch - 1:01PM Fed's Mester wants to rewrite 'considerable time' pledge WSJ - 1:00PM 5 Takeaways From the ECB's September Meeting www.cfpbmonitor.com - 10:56AM CFPB announces plans to launch financial coaching project CNN - 10:56AM Home Depot tells shoppers they'll be OK if hacked CNBC - 10:29AM US service sector expansion rockets to 9 year peak freddiemac.mwnewsroom.com - 10:25AM Mortgage Rates Hold Steady Reuters - 8:54AM ECB will start buying ABS, covered bonds in October Reuters - 8:41AM U.S. private sector adds 204,000 jobs in August: ADP CNBC - 8:41AM Jobless claims rise as productivity dips CNBC - 8:38AM ECB surprises by cutting rates Bloomberg - 12:29AM U.S. Company Bond Sales Head for $24 Billion in Busiest 2014 Day - Bloomberg WSJ - 12:23AM How Taxpayers Subsidize Freddie Mac Today's Rates Best Execution Rate Change 30 Yr FRM 4.14% +0.00 15 Yr FRM 3.28% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.02% +0.00 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 4.35% 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 -0.28 30YR FNMA 3.5 102.61 -0.22 30YR GNMA 3.0 100.98 -0.23 30YR GNMA 3.5 103.77 -0.19 15YR FNMA 3.0 103.50 -0.14 15YR FNMA 2.5 101.05 -0.22 Treasuries Yield Change 2 YR 0.5356% +0.0158 5 YR 1.7153% +0.0395 10 YR 2.4550% +0.0552 30 YR 3.2148% +0.0721 Prices as of: 9/4/2014 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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