Daily Newsletter: Mortgage Rates Inch to Month's Lows; All-Cash Still a Third of the Market; Affordability Stable as Low Rates Offset Higher Prices

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30 Year Fixed 4.02%   -0.03 15 Year Fixed 3.21%   -0.02 10YR Treasury 2.32%   -0.0283 FNMA 30YR 3.5 103.39   +0.16 FNMA 15YR 2.5 104.03   +0.14 View Today's Rates

Friday November 14, 2014 Mortgage Rate Watch - 4:43PM Mortgage Rates Inch to Month's Lows Mortgage rates fell today , reaching levels not seen since late October. That may sound fairly positive--and of course, it's better than being at recent highs--but the overall trend ... MND NewsWire - 12:44PM All-Cash Sales Still a Third of the Market Although cash sales ticked up slightly in August, a pattern that has been maintained for 14 of the last 15 years, that share of all home sales continued to retreat on a long term basis ... MND NewsWire - 12:39PM Affordability Remained High in Q3 as Rates Offset Prices Even through housing prices gained ground in the third quarter of 2014 the National Association of Home Builders (NAHB) said today that affordability remained high. An estimated 61 ... Pipeline Press - 10:34AM Thoughts on Recent CFPB Consent Order; Changes in Credit Trends; RBS Exits U.S MBS Market Regardless of if you're a bank or not a bank, the decision to service loans is not one to be taken lightly. Regulators are drafting rules to address non-bank servicers like Ocwen and ... MBS MID-DAY: Bond Markets Turn Green After Bumpy Morning MBS Day Ahead: Retail Sales Casts a Vote on Bond Market Rally Latest Video Santelli: The 2014 trade Santelli Exchange: Manic deflation attitude Fed's big challenge? Interest rates: Professor More News from 'Around the Web' Calculated Risk Blog - 5:07PM Lawler: Early Read on Existing Home Sales in October WSJ - 4:14PM Foreclosure Backlog Slows Recovery in Some States WSJ - 3:32PM Janet Yellen Meets With Community Leaders on Fed Policy, Jobs Calculated Risk Blog - 2:39PM MBA National Delinquency Survey: Judicial vs. Non-Judicial Foreclosure States in Q3 2014 Market Watch - 12:45PM 10 things: 10 things real estate appraisers won't tell you Bloomberg - 12:27PM Barclays Said to Suspend Two Mortgage Traders Amid Review - Bloomberg WSJ - 11:30AM U.S. Economy's Job Creators Aren't Growth Engines CNBC - 10:58AM Preowned vehicle sales fuel economy CNBC - 10:57AM Buy a penthouse, get a Lamborghini Bloomberg - 10:08AM Bullard Says Low Inflation Doesn't Justify Zero Rates - Bloomberg blog.redfin.com - 10:07AM 5 Tips for Homebuyers Who Work from Home CNBC - 10:07AM US consumer sentiment at more than 7-year high CNBC - 10:07AM September business inventories up 0.3 percent vs. 0.2 percent estimate CNBC - 9:09AM Retail sales point to more consumer spending zeal CNBC - 9:09AM Import prices fall in September blog.redfin.com - 9:05AM Falling Mortgage Rates Not Enough to Entice New Homebuyers in October Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% -0.03 15 Yr FRM 3.21% -0.02 FHA 30 Year Fixed 3.50% -0.05 Jumbo 30 Year Fixed 3.89% -0.04 5/1 Yr ARM 3.21% -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 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 3.0 100.00 +0.19 30YR FNMA 3.5 103.39 +0.16 30YR GNMA 3.0 102.03 +0.14 30YR GNMA 3.5 104.48 +0.17 15YR FNMA 3.0 104.03 +0.14 15YR FNMA 2.5 101.67 +0.13 Treasuries Yield Change 2 YR 0.5159% -0.0074 5 YR 1.6070% -0.0213 10 YR 2.3204% -0.0283 30 YR 3.0439% -0.0318 Prices as of: 11/14/2014 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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