Daily Newsletter: Millennials may be Homebuying Generation After all; Rates Higher Today, but Lower This Week; The Big Picture for Mortgage Markets; Yes, PIMCO Mattered

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30 Year Fixed 4.21%   +0.01 15 Year Fixed 3.36%   +0.01 10YR Treasury 2.53%   +0.0236 FNMA 30YR 3.5 102.17   -0.09 FNMA 15YR 2.5 102.98   -0.11 View Today's Rates

Friday September 26, 2014 MND NewsWire - 3:41PM Millennials may be Homebuying Generation After all Study after study has shown that Millennials - that generation of Americans currently between the ages of 18 and 34 - are becoming homeowners at rates way below that of earlier generations ... Mortgage Rate Watch - 4:17PM Mortgage Rates Just Barely Higher Today; Lower This Week Mortgage rates rose just slightly today, but the move was so small that some lenders are unchanged or even a bit better than yesterday. On top of that, the week has been a calm one ... MND NewsWire - 3:34PM Path of Economy Critical to Big Picture for Mortgages Bank of America/Merrill Lynch says its official outlook for the economy is neither that of a Bull forecasting a cyclical surge or a Bear's view of secular stagnation. Rather, the company ... MBS Commentary - 1:33PM MBS MID-DAY: Yes, The PIMCO/Gross News is Really Moving Markets GDP came in this morning at a whopping +4.6%, so bond markets are losing ground due to the strong economic data, right? Wrong... Bond markets moved this morning because the Founder ... CAN-SPAM Primer; Nevada's HOA Ruling has Major Implications; USDA Map Update; Vendor Updates MBS Day Ahead: Will GDP Buck Trend of Inconsequential Econ Data? Latest Video Santelli: No doubt a reaction after Bill Gross report Bill Gross stunner ripple effect Santelli Exchange: Stocks-bonds breaking up? More News from 'Around the Web' Bloomberg - 3:50PM Pimco Could See Withdrawals Up to 30% as Managers Stunned - Bloomberg Realtor.Org - 3:49PM NAR Chimes in on Millennials CNBC - 1:51PM So who's the next 'bond king'? Washington Post - 1:50PM The new mantra of Fed doves: Patience rss.nytimes.com - 1:49PM By the Numbers: G.D.P. Report Emphasizes the Problem of Conflicting Economic Signals Market Watch - 1:34PM Outside the Box: Private real estate funding gains traction with average investors Market Watch - 12:23PM Pimco outflows could reach 30% after Gross exit: Bernstein Reuters - 10:47AM U.S. consumer sentiment ends at 14-month high in September Market Watch - 10:46AM Gross was about to be fired from Pimco: reports CNBC - 9:16AM US 2Q GDP expanded 4.6%, matching estimates Reuters - 9:14AM Bill Gross leaves Pimco for Janus WSJ - 9:12AM Little Lenders With Big Home Loans Reuters - 12:09AM S&P wins right to Geithner documents in $5 billion U.S. fraud lawsuit CNBC - 12:08AM Why markets could be put to the test Friday Today's Rates Best Execution Rate Change 30 Yr FRM 4.21% +0.01 15 Yr FRM 3.36% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.06% +0.01 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 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.20% 0.50 -0.03 15 Yr. Fixed 3.36% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 +0.00 5/1 Yr. ARM 3.08% 0.40 +0.02 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 98.50 -0.13 30YR FNMA 3.5 102.17 -0.09 30YR GNMA 3.0 100.59 -0.14 30YR GNMA 3.5 103.25 -0.09 15YR FNMA 3.0 102.98 -0.11 15YR FNMA 2.5 100.59 -0.09 Treasuries Yield Change 2 YR 0.5787% +0.0197 5 YR 1.7976% +0.0394 10 YR 2.5294% +0.0236 30 YR 3.2173% +0.0033 Prices as of: 9/26/2014 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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Daily Newsletter: One Million Homeowners Gained Equity in Q2; Mortgage Rates Back to Recent Lows; Delinquency Increased in July; Ginnie Mae MBS Goals

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30 Year Fixed 4.20%   -0.02 15 Year Fixed 3.35%   -0.02 10YR Treasury 2.51%   -0.0597 FNMA 30YR 3.5 102.27   +0.27 FNMA 15YR 2.5 103.09   +0.17 View Today's Rates

Thursday September 25, 2014 MND NewsWire - 3:14PM One Million Homeowners Gained Equity in Q2 U.S. homeowners gained or regained more than $1 trillion in equity over the year that ended on June 30, 2014. According to Core-Logic's 2nd quarter 2014 analysis, 44 million homes in ... Mortgage Rate Watch - 3:55PM Mortgage Rates Back to Recent Lows Mortgage rates fell back in line with recent lows after a disconcerting move higher yesterday. In general, rates are still in the process of battling back from their worst few weeks ... MND NewsWire - 2:56PM Major Delinquency Metrics Turned Higher in July Mortgage delinquencies jumped in August , a 5 percent increase which sent the rate to its highest level since February. At the same time, foreclosure starts declined for the first time ... MND NewsWire - 2:54PM Ginnie Mae Contemplates MBS Evolution At its second annual summit for stakeholders on Monday the Government National Mortgage Association (Ginnie Mae) issued a policy paper detailing how it intends to meet the challenges ... Sales Skewed Toward Higher Priced Homes MBS MID-DAY: Bonds Back in Happy Place After Europe/Stocks Tag Team Bank M&A; Vendor Updates; Are you Ready for Autumn/Winter Lending? Latest Video Larry McDonald: 10-year yield going to 2.3% Fed more dovish in 2015: Economist Housing data signals growth: Strategist More News from 'Around the Web' WSJ - 4:38PM Three Charts to Prepare for Tomorrow's GDP Report WSJ - 4:37PM U.S. Dollar Strength Not Likely to Dampen Inflation Much WSJ - 3:18PM Fed's Lockhart: Fed Most Likely to Raise Rates in Mid-2015 or Later Google News - 1:28PM A surprising disparity in the newest mortgage data Reuters - 11:39AM U.S. Attorney General Holder to resign, official says Washington Post - 11:31AM Depressing chart shows that the rich aren't just grabbing a bigger slice of the income pie â€" they're taking all of it www.cfpbmonitor.com - 10:39AM Industry trade groups provide recommendations to CFPB on TILA-RESPA implementation www.lpsvcs.com - 10:39AM Black Knight Financial Services' "First Look" at August 2014 Mortgage Data freddiemac.mwnewsroom.com - 10:39AM Fixed Mortgage Rates Ease Slightly CNBC - 9:00AM Jobless claims stay under 300K as durables tumble WSJ - 8:53AM Tensions Ease in Nashville Between Zillow and Home Listing Service Reuters - 8:52AM Weak euro zone lending data underscores need for ECB stimulus Market Watch - 8:52AM Capitol Report: Over 900,000 homes regain equity in second quarter Today's Rates Best Execution Rate Change 30 Yr FRM 4.20% -0.02 15 Yr FRM 3.35% -0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.05% -0.02 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 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.20% 0.50 -0.03 15 Yr. Fixed 3.36% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 +0.00 5/1 Yr. ARM 3.08% 0.40 +0.02 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 98.63 +0.36 30YR FNMA 3.5 102.27 +0.27 30YR GNMA 3.0 100.73 +0.17 30YR GNMA 3.5 103.34 +0.28 15YR FNMA 3.0 103.09 +0.17 15YR FNMA 2.5 100.69 +0.16 Treasuries Yield Change 2 YR 0.5590% -0.0276 5 YR 1.7582% -0.0380 10 YR 2.5058% -0.0597 30 YR 3.2140% -0.0625 Prices as of: 9/25/2014 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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