Daily Newsletter: Mortgage Rates Approaching 1 Month Highs; First Time Home-Buying Lowest Since 1987; Private Residential Construction Held Firm in September

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30 Year Fixed 4.06%   +0.03 15 Year Fixed 3.25%   +0.04 10YR Treasury 2.34%   +0.0126 FNMA 30YR 3.5 103.27   -0.11 FNMA 15YR 2.5 103.61   -0.09 View Today's Rates

Monday November 3, 2014 Mortgage Rate Watch - 4:15PM Mortgage Rates Approaching 1 Month Highs Mortgage rates continued higher today, edging up to their worst levels in nearly a month. The most prevalently-quoted conforming 30yr fixed rate for top tier borrowers is currently ... MND NewsWire - 12:20PM First-Time Home-Buying Lowest Since 1987 The downward-drifting participation of first-time homebuyers over the last few years has brought their share of the home buying market to its lowest point in nearly three decades the ... MND NewsWire - 1:50PM Private Residential Construction Spending Held Firm in September U.S. construction spending eased back slightly in September, to a seasonally adjusted annual rate of $950.92 billion. The U.S. Census Bureau reported that this was down 0.4 percent ... MBS Commentary - 12:12PM MBS MID-DAY: Bond Markets Start November on Sour Note The overnight session got off to a slow start for US bond markets as Japan was out on holiday. This is important not only because overnight Treasury trading relies on Tokyo being open ... MBS Week Ahead: Big Week for Markets: Fed-Speak, ECB, NFP Disaster Forbearance Primer; More on MSAs, Referrals, and RESPA Latest Video 1st time home buyers dilemma Home market prices out young buyers: Pro Obama and Yellen meet one-on-one More News from 'Around the Web' CNBC - 5:00PM Bears surround oil as it falls below $80 freddiemac.mwnewsroom.com - 4:59PM Freddie Mac Sets Release Date for Third Quarter 2014 Financial Results WSJ - 3:21PM Currency Peace: Fed Probably Welcomes Surprise BOJ Easing WSJ - 3:21PM Fed's Fisher: FOMC 'Neutered' Pledge To Keep Rates Low For 'Considerable Time' CNBC - 1:41PM Fisher likes 'balanced' Yellen; sees quicker hikes Reuters - 1:41PM Obama, Fed's Yellen to discuss long-term U.S. economic outlook: White House www.cfpbmonitor.com - 1:38PM Leading industry trade groups comment on HMDA/Reg. C proposal www.frbsf.org - 1:38PM Housing Market Headwinds CNBC - 12:29PM The hourly guide to Tuesday's election WSJ - 11:42AM Share of First-Time Home Buyers Hits 27-Year Low Reuters - 11:41AM Deflation a growing possibility: Bill Gross CNBC - 10:28AM ISM manufacturing index hits 59.0 in Oct.; Construction spending slips 0.4% in Sept. CNBC - 8:37AM Bond markets await US PMI and Fed speeches Calculated Risk Blog - 8:36AM Black Knight releases Mortgage Monitor for September www.cfpbmonitor.com - 8:36AM Mortgage Loan Originator "Target Pricing" in the Fair Lending Bullseye Today's Comments MND NewsWire - 10:34AM "Great article! Not quite what I was expecting to hear, but boomers are a special breed (me being one). Good to know I will be able to sell my ranch on an acre to a fellow boomer, when I put my plan into effect!..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.06% +0.03 15 Yr FRM 3.25% +0.04 FHA 30 Year Fixed 3.60% +0.10 Jumbo 30 Year Fixed 3.96% +0.04 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 3.98% 0.50 +0.06 15 Yr. Fixed 3.13% 0.50 +0.05 1 Yr. ARM 2.43% 0.40 +0.02 5/1 Yr. ARM 2.94% 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 99.86 -0.14 30YR FNMA 3.5 103.27 -0.11 30YR GNMA 3.0 101.73 -0.22 30YR GNMA 3.5 104.34 -0.06 15YR FNMA 3.0 103.61 -0.09 15YR FNMA 2.5 101.36 -0.11 Treasuries Yield Change 2 YR 0.5133% +0.0159 5 YR 1.6293% +0.0214 10 YR 2.3443% +0.0126 30 YR 3.0646% +0.0016 Prices as of: 11/3/2014 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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