Daily Newsletter: Mortgage Rates Stay Calm Ahead of Important Jobs Report; Cash Sales now 'Only' 1 in 3; Slow Motion Repeat of Housing Crash In Progress?!

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30 Year Fixed 4.06%   +0.00 15 Year Fixed 3.25%   +0.00 10YR Treasury 2.39%   +0.0450 FNMA 30YR 3.5 103.16   -0.09 FNMA 15YR 2.5 103.63   -0.05 View Today's Rates

Thursday November 6, 2014 Mortgage Rate Watch - 3:45PM Mortgage Rates Stay Calm Ahead of Important Jobs Report Mortgage rates didn't budge today . Most lenders didn't adjust rate sheets enough to affect yesterday's loan quotes. This is a fairly rare occurrence. There's almost always at least ... MND NewsWire - 2:07PM Cash Sales Decline: Now 'only' 1 in 3 Homes; Metro Price Increases Moderate Institutional investor participation in the single family residential market fell another notch in the third quarter of 2014. RealtyTrac said today that only 4.3 percent of residential ... MND NewsWire - 2:02PM Slow Motion Repeat of Housing Collapse Right Before Our Eyes? Is the foreclosure storm almost over or as RealtyTrac suggests in its most recent Housing News Report, merely gathering strength to come roaring back? Octavio Nuiry, Managing Editor ... MND NewsWire - 1:43PM "Another Solid Quarter" -Fannie/Freddie CEOs say in Separate Statements Both Freddie Mac and Fannie Mae released third quarter financial results on Thursday. The government sponsored enterprises (GSEs) each reported that their recently completed quarters ... MBS MID-DAY: Near Unchanged Levels After ECB; Afternoon Not Without Risks Energy Boom Areas Continue as Leading Markets Deluge of Mortgage and Bank Consolidation; Flood Insurance Changes? MBS Day Ahead: The Truth Behind Interest Rates' Love Triangle Latest Video What Zillow really is Job cuts surge 68% in October: Survey SBA approves record loans More News from 'Around the Web' rss.nytimes.com - 4:52PM DealBook: Fannie Mae Official Details Plans on Low Down Payment Mortgages Bloomberg - 4:52PM Pershing's Ackman Says Fannie, Freddie Stocks Are Worth $40-$50 - Bloomberg www.cfpbmonitor.com - 3:19PM CFPB issues snapshot of debt collection complaints filed by older consumers www.cfpbmonitor.com - 3:19PM CBO provides cost estimate for bill to reform CFPB's inspector general Bloomberg - 3:19PM Student-Loan Market Recalls Subprime Crisis for U.S. Treasury - Bloomberg Calculated Risk Blog - 3:19PM NAHB: Builder Confidence improves for the 55+ Housing Market in Q3 Washington Post - 2:25PM Will offering 3 percent down payment loans help or hurt the housing market? Probably neither. Bloomberg - 1:03PM Draghi Reinforces ECB Stimulus Momentum to Assuage Investors - Bloomberg CNBC - 1:03PM Ben Bernanke is a really funny guy. Seriously Bloomberg - 11:53AM Billionaire Thiel Says He's Shunning 'Crazy' Bond Market - Bloomberg Market Watch - 10:44AM Fannie CEO: Low-down-payment mortgages 'can be safely made' Bloomberg - 10:44AM Home Prices Rise in 73% of U.S. Metro Areas, Realtors Say - Bloomberg www.wellsfargo.com - 10:44AM Wells Fargo LIFT programs help 8,000 families achieve homeownership CNBC - 9:35AM US jobless claims drop; productivity ramps up CNBC - 9:34AM Stocks rise, lifted by Draghi assurances, US data CNN - 9:34AM Housing for retirees: Unaffordable Calculated Risk Blog - 9:34AM Trulia: Asking House Prices up 6.4% year-over-year in October Bloomberg - 9:33AM Freddie Mac Will Pay U.S. $2.8 Billion on Quarterly Profit - Bloomberg Bloomberg - 9:33AM Fannie Mae Will Pay U.S. $4 Billion After Third-Quarter Profit - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 4.06% +0.00 15 Yr FRM 3.25% +0.00 FHA 30 Year Fixed 3.60% +0.00 Jumbo 30 Year Fixed 3.96% +0.00 5/1 Yr ARM 3.25% +0.00 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 4.02% 0.50 +0.04 15 Yr. Fixed 3.21% 0.50 +0.08 1 Yr. ARM 2.45% 0.40 +0.02 5/1 Yr. ARM 2.97% 0.50 +0.03 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 99.67 -0.17 30YR FNMA 3.5 103.16 -0.09 30YR GNMA 3.0 101.55 -0.14 30YR GNMA 3.5 104.17 -0.16 15YR FNMA 3.0 103.63 -0.05 15YR FNMA 2.5 101.23 -0.13 Treasuries Yield Change 2 YR 0.5497% +0.0240 5 YR 1.6756% +0.0429 10 YR 2.3892% +0.0450 30 YR 3.1030% +0.0424 Prices as of: 11/6/2014 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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