Daily Newsletter: Mortgage Rates Fall in Line with 2014 Lows; CFPB Doing a Good Job?; 9 More States Hit Price Peaks; Housing Sentiment Bounces Back

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30 Year Fixed 4.09%   -0.04 15 Year Fixed 3.28%   -0.02 10YR Treasury 2.34%   -0.0787 FNMA 30YR 3.5 103.22   +0.41 FNMA 15YR 2.5 103.56   +0.22 View Today's Rates

Tuesday October 7, 2014 Mortgage Rate Watch - 4:44PM Mortgage Rates Fall in Line with 2014 Lows Mortgage rates continued lower today at an exceptionally strong pace . The most prevalently-quoted conforming 30yr fixed rate for the very best scenarios has moved quickly from being ... MND NewsWire - 2:47PM Audit Says CFPB Mostly Doing a Good Job A recent audit of the Consumer Financial Protection Bureau (CFPB) found that it was doing a good job in general in its role of regulatory rule-maker. The Office of Inspector General ... MND NewsWire - 10:34AM 9 More States hit New Price Peaks -CoreLogic Nine states established new price peaks in August CoreLogic said today. The company's August Home Price Index which includes distressed sales was up 0.3 percent nationally during the ... MND NewsWire - 2:20PM Consumer Housing Sentiment Bounces Back -Fannie Survey Fannie Mae said its September National Housing Survey noted a rebound in consumer housing optimism after a dip was recorded in August. Most indicators have returned to the modestly ... MBS RECAP: Bond Markets Rally Impressively; MBS Underperform Treasuries Fun with Millennials; MountainView's Non-Prime News; Deutsche Bank Financing Non-QM Lenders MBS Day Ahead: Still Slow From a Calendar Standpoint; Still Waiting on Techs and Stocks Latest Video Home prices to triple dip? Santelli Exchange: Monetary policy & markets IMF cuts growth outlook, cites 'weak and uneven' recovery More News from 'Around the Web' WSJ - 4:01PM Consumer-Borrowing Growth Slows WSJ - 4:01PM Fed's Dudley: Economy Appears to Be on Track for Mid-2015 Rate Hike Calculated Risk Blog - 3:02PM Goldman: The Housing Recovery Resumes WSJ - 3:02PM Fed's Kocherlakota: Any Move To Raise Rates Next Year Would Be A Mistake Bloomberg - 3:01PM Buffett Says 'No-Brainer' to Get Mortgage to Short Rates - Bloomberg WSJ - 1:07PM Global Housing Prices: It's a Tale of Two Worlds Bloomberg - 12:16PM Deutsche Bank Said to Explore Selling U.S. Real Estate - Bloomberg www.cfpbmonitor.com - 11:39AM CFPB's Rulemaking Process Gets Good Report Card from OIG Report with Only Minor Criticisms WSJ - 11:38AM Q&A With German Bundesbank President Jens Weidmann WSJ - 11:38AM Job Openings Hit 13-Year High In August Market Watch - 11:36AM Bond Report: 10-year Treasury yield falls to lowest since August Fannie Mae - 10:18AM News Release - Americans' Attitudes on Housing Return to ... CNBC - 10:17AM These are the top cities for property investment Bloomberg - 10:17AM BOE Must Be Ready to Raise Rates If Needed on Housing, IMF Says - Bloomberg Google News - 8:47AM Housing - and visualizing - DC's booming population Market Watch - 8:47AM Capitol Report: Home-price growth hits slowest pace in nearly two years CNBC - 8:42AM Would you bypass a bank for your next mortgage? Bloomberg - 8:42AM Homebuilders Offer Freebies as Booming US Markets Cool - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 4.09% -0.04 15 Yr FRM 3.28% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.97% -0.03 5/1 Yr ARM 3.22% -0.02 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 4.19% 0.40 -0.01 15 Yr. Fixed 3.36% 0.50 +0.00 1 Yr. ARM 2.42% 0.40 -0.01 5/1 Yr. ARM 3.06% 0.50 -0.02 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 99.83 +0.52 30YR FNMA 3.5 103.22 +0.41 30YR GNMA 3.0 101.63 +0.33 30YR GNMA 3.5 104.22 +0.28 15YR FNMA 3.0 103.56 +0.22 15YR FNMA 2.5 101.27 +0.25 Treasuries Yield Change 2 YR 0.5079% -0.0278 5 YR 1.6220% -0.0688 10 YR 2.3391% -0.0787 30 YR 3.0472% -0.0744 Prices as of: 10/7/2014 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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