Daily Newsletter: Mortgage Rates Higher Even Before Fed Minutes; Building Permits Boom in the West; Holiday Adjustments Skew Mortgage App Data

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30 Year Fixed 4.00%   +0.02 15 Year Fixed 3.20%   +0.02 10YR Treasury 2.36%   +0.0373 FNMA 30YR 3.5 103.36   -0.16 FNMA 15YR 2.5 103.73   -0.13 View Today's Rates

Wednesday November 19, 2014 Mortgage Rate Watch - 4:29PM Mortgage Rates Were Higher Even Before the Fed Mortgage rates moved moderately higher today, bringing them back in line with some of last week's offerings but certainly not outside the recent range. Today's biggest risk in terms ... MND NewsWire - 11:53AM Western States Drive Surge in Building Permits October was a mixed month for new residential construction data. More permits were issued than in September but housing starts and completions were both down . September numbers for ... MND NewsWire - 9:37AM Holiday Adjustments Skew Mortgage Applications The week ended November 14 was a lackluster one for mortgage activity. Mortgage applications during the week, as measured by the Mortgage Bankers Association's (MBA's) Market Composite ... Pipeline Press - 10:56AM MBA Offers Health Care to Members; Freddie & Fannie Updates; New Jumbo Security Seattle's Zillow has published good news for the real estate industry . Its report regarding hidden households and future housing activity indicates that the number of adults per household ... MBS MID-DAY: European Bond Markets Putting Serious Pressure on Treasuries/MBS MBS Day Ahead: Did The Fed Back Itself Into a Corner on Inflation? Let's Find Out Latest Video Hot housing trends: CEO October housing starts down 2.8% Strategy after Fed minutes More News from 'Around the Web' Calculated Risk Blog - 5:03PM Comments on October Housing Starts Bloomberg - 4:02PM Fannie-Freddie Overseer Urged to Seek Conservatorships Exit - Bloomberg Bloomberg - 2:37PM Fed Officials Saw Need to Watch for Drop in Inflation Expectations - Bloomberg Reuters - 2:37PM U.S. housing regulator to unveil mortgage fees framework in 2015 Federal Reserve - 2:36PM Minutes of the Federal Open Market Committee, October 28-29, 2014 CNBC - 1:35PM No bubble with NY luxury condo boom WSJ - 1:34PM Could Decline in Median New-Home Size Herald Return of Entry-Level Buyers? Market Watch - 12:09PM America voted: This is the bank we dislike most Calculated Risk Blog - 12:08PM AIA: Architecture Billings Index shows slower expansion in October content.govdelivery.com - 11:26AM FDIC Releases Technical Assistance Video on CFPB Mortgage Rules CNBC - 11:00AM Millennials want to save, many can't blog.redfin.com - 9:18AM How Does an HOA Affect Your Home Purchase? Reuters - 9:17AM U.S. housing starts slip, but permits near six-and-a-half-year high CNBC - 9:05AM Weekly mortgage applications jump unexpectedly Today's Comments Pipeline Press - 6:17PM "Regarding a better financial footing for FHA loans, that is excellent for where would you go for borrowers who are rapidly improving their situation since the heart of the recession but would have no other recourse for buying a home? We need the first time buyers for building the strong base in the market..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.00% +0.02 15 Yr FRM 3.20% +0.02 FHA 30 Year Fixed 3.55% +0.05 Jumbo 30 Year Fixed 3.86% +0.03 5/1 Yr ARM 3.25% +0.01 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 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 4.01% 0.50 -0.01 15 Yr. Fixed 3.20% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 -0.02 5/1 Yr. ARM 3.02% 0.50 +0.05 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 99.94 -0.22 30YR FNMA 3.5 103.36 -0.16 30YR GNMA 3.0 101.69 -0.52 30YR GNMA 3.5 104.17 -0.41 15YR FNMA 3.0 103.73 -0.13 15YR FNMA 2.5 101.44 -0.14 Treasuries Yield Change 2 YR 0.5205% +0.0123 5 YR 1.6403% +0.0299 10 YR 2.3577% +0.0373 30 YR 3.0769% +0.0322 Prices as of: 11/19/2014 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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