Daily Newsletter: Pending Home Sales Highest in 13 Months; Home Price Increases Slow; Rates Hold Near 4 Percent

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30 Year Fixed 3.99%   +0.00 15 Year Fixed 3.16%   +0.00 10YR Treasury 2.26%   -0.0053 FNMA 30YR 3.5 103.63   +0.08 FNMA 15YR 2.5 103.95   +0.05 View Today's Rates

Monday October 27, 2014 MND NewsWire - 10:40AM Pending Home Sales Highest in 13 Months Pending home sales, while increasing only slightly in September, exceeded those of a year earlier, the first time in 11 months this has occurred. The National Association of Realtors® ... MND NewsWire - 2:15PM Home Price Increases Slow; Prices 11 percent below Peak Home price increases wound down further in August. The Home Price Index released by Black Knight Financial Services today rose a negligibl e 0.1 percent from July to August and was ... Mortgage Rate Watch - 3:47PM Mortgage Rates Holding Near 4 Percent Mortgage rates were almost perfectly unchanged over the weekend. Most lenders are still right in line with Friday's most prevalently-quoted conforming 30yr fixed rate of 4.0% for top ... MBS Commentary - 7:32AM MBS Week Ahead: Important Week For Bond Markets, Mostly Focused on the Fed This week's headliner will be Wednesday afternoon's FOMC Announcement. While this isn't one of the Fed Announcements that includes the economic projections and the Yellen press conference ... MBS MID-DAY: European Weakness Helps US Bond Markets Hold Gains CFPB Update; MBA President Addresses FHFA News' Impact on Housing Latest Video Pending home sales miss Markets focus on Fed's taper timeline Bond guy talks QE More News from 'Around the Web' CNBC - 4:06PM Market wants 'considerable time' Google News - 2:48PM Is the CFPB Committing Regulatory Overreach? WSJ - 2:44PM Fed Touchy About Touching Rate Guidance CNBC - 2:42PM Cheap loans may fuel bubble: Ex-Bear CEO Bloomberg - 2:41PM Bond Dealers Clamor to Sell as Fed Prepares to Shut QE Window - Bloomberg Market Watch - 1:11PM For the bond market, QE was so last year CNBC - 12:35PM Welcome to the low rates era, pro says Bloomberg - 11:35AM The Great Recession Put Us in a Hole. Are We Out Yet? - Bloomberg WSJ - 11:34AM Is It About to Get a Lot Easier to Obtain a Mortgage? (Hint: No) CNBC - 10:29AM US services sector growth slows in Oct Market Watch - 10:20AM The Fed: Fed will hold market's hand as it ends QE3 CNBC - 10:13AM Buyers put a stall on home sales in September blog.redfin.com - 9:34AM Fall Home Maintenance Checklist www.lpsvcs.com - 9:34AM Black Knight Home Price Index Report: August 2014 Transactions blog.redfin.com - 8:46AM Seller Confidence Wanes in the Third Quarter Bloomberg - 8:42AM BofA Mortgage Settlement Stalls Over SEC Political Fight - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% +0.00 15 Yr FRM 3.16% +0.00 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.90% -0.01 5/1 Yr ARM 3.23% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.20% 0.17 -0.10 15 Yr. Fixed 3.41% 0.28 -0.07 30 Yr. Jumbo 4.14% 0.10 -0.07 30 Yr. FHA 3.90% 0.08 -0.10 5/1 ARM 3.05% 0.38 -0.15 Freddie Mac ** 30 Yr. Fixed 3.92% 0.50 -0.05 15 Yr. Fixed 3.08% 0.50 -0.10 1 Yr. ARM 2.41% 0.40 +0.03 5/1 Yr. ARM 2.91% 0.50 -0.01 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 3.0 100.39 +0.06 30YR FNMA 3.5 103.63 +0.08 30YR GNMA 3.0 102.19 +0.03 30YR GNMA 3.5 104.67 +0.08 15YR FNMA 3.0 103.95 +0.05 15YR FNMA 2.5 101.89 +0.06 Treasuries Yield Change 2 YR 0.3816% -0.0042 5 YR 1.4857% -0.0050 10 YR 2.2587% -0.0053 30 YR 3.0360% +0.0000 Prices as of: 10/27/2014 4:32PM 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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