Daily Newsletter: Mortgage Rates Slightly Higher; Bigger Moves Ahead; Refinancing Surge Cools as Rates Rise

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30 Year Fixed 4.06%   +0.02 15 Year Fixed 3.25%   +0.03 10YR Treasury 2.34%   +0.0089 FNMA 30YR 3.5 103.25   -0.02 FNMA 15YR 2.5 103.67   +0.03 View Today's Rates

Wednesday November 5, 2014 Mortgage Rate Watch - 4:48PM Mortgage Rates Slightly Higher; Bigger Moves Ahead Mortgage rates continued their now incessant trend of exceptionally small day-to-day movement, rising only marginally today and remaining in the recent range. That said, they're near ... MND NewsWire - 9:30AM Refinancing Surge Cools as Rates Rise The resurgence enjoyed by refinancing over the last few weeks subsided a bit in the face of rising interest rates during the week ended October 31. The Mortgage Bankers Association ... Pipeline Press - 10:40AM Supreme Court & TILA; First-Time Homebuyer Numbers If you don't think that the gap between the haves and have-nots is widening, Forbes reports about 50% of global wealth is controlled by 1% of the population. While you ruminate on that ... MBS Commentary - 4:43PM MBS RECAP: Bond Markets Grind to a Halt Ahead of ECB Tomorrow morning brings the European Central Bank (ECB) announcement and press conference with ECB Pres. Mario Draghi. While nothing new is expected on the policy front, markets are ... Home Price Increases Narrowing but Remain Broad-Based Mortgage Credit Tightens as Bankers Adjust to Declining REO Supply Latest Video ADP payrolls up 230,000 in October Real-time look at real estate recovery Santelli: Enlightening day for Treasurys More News from 'Around the Web' CNBC - 4:13PM How to fuel first-time homebuyers: Pro www.cfpbmonitor.com - 4:06PM CFPB QM cure and other mortgage rule amendments now effective; HUD nixes CFPB cure for FHA QM rule Bloomberg - 2:32PM Regions Financial Says FHFA Watchdog Probing Loans Sold to GSEs - Bloomberg Bloomberg - 1:44PM Wells Fargo Cuts Upper End of Range of Possible Legal Losses - Bloomberg CNBC - 1:44PM 3 lessons learned from mortgage rate drop Google News - 1:44PM Uncertainty ahead for housing finance reform with Republican surge Calculated Risk Blog - 1:43PM Bankruptcy Filings declined 13% in Fiscal 2014, Lowest Filings in Seven Years Reuters - 12:11PM Fed issues rule to prevent U.S. financial firms from becoming too big WSJ - 12:09PM Bay Area Land Deal Shows Dirt Prices Still High Washington Post - 12:09PM Small business hiring roars back in October Reuters - 12:08PM Fed's Fisher says hopes new Congress will not interfere with Fed's independence WSJ - 12:05PM Among Rich Countries, America's Youth Took the Recession Especially Hard WSJ - 12:04PM Draghi Set To Open at Least One New Chapter in ECB History WSJ - 12:04PM Fed's Bullard Upbeat on Economy, Sees No Need for New Stimulus Bloomberg - 11:58AM Traders Seek Answers After Draghi Fueled October Swings - Bloomberg Reuters - 11:55AM Fed's Kocherlakota repeats 2015 rate hike would be inappropriate CNBC - 11:54AM Now's the time to refinance a mortgage CNBC - 11:52AM Pay off mortgage before retirement? Reuters - 9:16AM U.S. private sector creates 230,000 jobs in October: ADP CNBC - 9:16AM Treasury to trim auction sizes of 2 & 3-yrs Today's Rates Best Execution Rate Change 30 Yr FRM 4.06% +0.02 15 Yr FRM 3.25% +0.03 FHA 30 Year Fixed 3.60% +0.00 Jumbo 30 Year Fixed 3.96% +0.02 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 99.84 -0.02 30YR FNMA 3.5 103.25 -0.02 30YR GNMA 3.0 101.69 0.00 30YR GNMA 3.5 104.33 +0.02 15YR FNMA 3.0 103.67 +0.03 15YR FNMA 2.5 101.36 +0.03 Treasuries Yield Change 2 YR 0.5257% +0.0082 5 YR 1.6327% +0.0050 10 YR 2.3442% +0.0089 30 YR 3.0606% +0.0120 Prices as of: 11/5/2014 4:31PM 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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