Daily Newsletter: Mortgage Rates at 3-Week Highs After Fed Ends QE; Foreclosures Hold Downward Trend; Mortgage Apps Remain Elevated, but Down vs Last Week

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30 Year Fixed 4.04%   +0.05 15 Year Fixed 3.21%   +0.05 10YR Treasury 2.32%   +0.0267 FNMA 30YR 3.5 103.31   -0.09 FNMA 15YR 2.5 103.67   -0.17 View Today's Rates

Wednesday October 29, 2014 Mortgage Rate Watch - 4:36PM Mortgage Rates at 3-Week Highs After Fed Ends QE Mortgage rates rose to the highest level in 3 weeks after today's Fed Announcement. The move was a two-part process with initial rate sheets being weaker in the morning and mid-day ... MND NewsWire - 1:59PM Foreclosures Ticked up in September, Downward Trend Holds Completed foreclosures rose slightly in September CoreLogic said today, but the long-term trend continues to be a relatively precipitous drop from the record high numbers of the last ... MND NewsWire - 9:54AM Mortgage Apps: Still Much More Refi Demand Than 2 Weeks Ago Mortgage application numbers during the week ended October 24 backed off a bit from the numbers posted during the week ended October 17 but were still elevated compared to other recent ... MBS Commentary - 12:11PM MBS MID-DAY: Bond Markets on the Ropes Ahead of FOMC Announcement MBS and Treasuries are at their weakest levels in 3 weeks ahead of this afternoon's FOMC Announcement. That's really all there is to it. We haven't had any meaningful market movers ... LOS Survey; RESPA-TILA Toolkit; LO Comp Violations Still Out There MBS Day Ahead: FOMC Day: Could be a Market Mover Latest Video The real mortgage rate impact Fed's housing rescue Rates will slowly drift higher: Pro More News from 'Around the Web' WSJ - 3:53PM End of QE3 Means Fed Statement Finally Shrinks WSJ - 3:53PM Economists React to the Fed Statement: 'Surprisingly Hawkish' Bloomberg - 3:52PM SEC Said to Open Review of American Realty's Accounting - Bloomberg Market Watch - 3:50PM Transferring mortgage servicers can harm homeowners, inspector finds rss.nytimes.com - 3:06PM Fed Announces End to Bond-Buying, Citing Job Gains Market Watch - 1:21PM Market Extra: Why it's so hard to trade a Treasury bond right now CNBC - 11:45AM As Fed leaves bond market, here's who will step in CNBC - 10:41AM S&P in mortgage settlement talks WSJ - 10:41AM The Fed Favors Guidance Over Bond Buys WSJ - 8:57AM Fed Critics Have Been Wrong About QE's Most Ill Effects Bloomberg - 8:55AM Mortgage Bonds Stare Down End of QE as Gains Persist - Bloomberg CNBC - 8:52AM As housing market struggles, the rich are refinancing Today's Rates Best Execution Rate Change 30 Yr FRM 4.04% +0.05 15 Yr FRM 3.21% +0.05 FHA 30 Year Fixed 3.60% +0.10 Jumbo 30 Year Fixed 3.93% +0.03 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 3.92% 0.50 -0.05 15 Yr. Fixed 3.08% 0.50 -0.10 1 Yr. ARM 2.41% 0.40 +0.03 5/1 Yr. ARM 2.91% 0.50 -0.01 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 3.0 100.03 -0.11 30YR FNMA 3.5 103.31 -0.09 30YR GNMA 3.0 101.84 -0.13 30YR GNMA 3.5 104.36 -0.14 15YR FNMA 3.0 103.67 -0.17 15YR FNMA 2.5 101.50 -0.23 Treasuries Yield Change 2 YR 0.4890% +0.0953 5 YR 1.5874% +0.0756 10 YR 2.3210% +0.0267 30 YR 3.0534% -0.0144 Prices as of: 10/29/2014 4:29PM 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: Home Prices Slide for 4th Straight Month; Mortgage Rates Staying Sideways and Bond Markets Lacking Inspiration Ahead of Fed Announcement

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30 Year Fixed 3.99%   +0.00 15 Year Fixed 3.16%   +0.00 10YR Treasury 2.29%   +0.0356 FNMA 30YR 3.5 103.41   -0.22 FNMA 15YR 2.5 103.84   -0.11 View Today's Rates

Tuesday October 28, 2014 MND NewsWire - 10:59AM Home Price Gains Narrow across all Case-Shiller Indices August data released this morning by S&P Dow Jones Indices reveals that, while home prices throughout the U.S. continue to increase, the rapid pace in those gains seen earlier continues ... Mortgage Rate Watch - 4:08PM Mortgage Rates Stay Sideways Ahead of Important Fed Announcement Mortgage rates were almost universally sideways today with very few lenders changing rate sheets noticeably from yesterday. As such, the most prevalent conforming 30yr fixed rate quote ... MBS Commentary - 12:13PM MBS MID-DAY: Bond Markets Slightly Weaker; Still Lacking Inspiration Ahead of Fed Treasuries and MBS have seen modest volatility within a modest range this morning. The stage was set with overnight weakness resulting in weaker opening levels. At 8am, 10yr yields ... Pipeline Press - 10:53AM Trends in Housing and Rents; NAR Weighs in With Mini-Corr Update This is the season that CEOs are asking underlings for 2015 projections, and of course no one wants to tell the boss that volume is going to go down. The MBA is here to help! It is ... MBS Day Ahead: Economic Calendar Picks Up but Markets Mostly Waiting for Fed Pending Home Sales Highest in 13 Months Latest Video Home ownership hits new lows Robert Shiller: Housing's new urbanization Santelli Exchange: Housing stimulus hangover More News from 'Around the Web' Bloomberg - 5:03PM Fed Decision Day Guide: FOMC Seen Focusing on Too-Low Inflation - Bloomberg CNBC - 4:57PM Watchdog finds illegal acts in loans Fannie Mae - 4:57PM News Release - Fannie Mae Multifamily MBS Issuance Nearly ... The Atlantic - 2:48PM Homeownership in America Has Collapsed—Don't Blame Millennials blog.hud.gov - 2:43PM A Day in the Life: Monitoring and Asset Management Division, Ginnie Mae WSJ - 1:07PM NY Fed Chief Dudley Spoke Frequently To Yellen On Exit Plans in 2Q Calculated Risk Blog - 12:15PM House Prices: Real Prices and Price-to-Rent Ratio in August WSJ - 11:31AM The Fed's October Meeting – At A Glance WSJ - 11:30AM How Effective Were Fed Bond Buys? A QE Research Bibliography CNBC - 11:29AM Sales slowing at New York's top condo tower Bloomberg - 10:39AM U.S. Homeownership Rate Falls to Lowest Since Early 1995 - Bloomberg Reuters - 10:39AM U.S. consumer confidence jumps in October CNBC - 8:53AM CNBC Fed Survey: CNBC's Steve Liesman: Market Pushes Back Fed Rate Hike Expectations CNBC - 8:52AM Ouch! Factory orders see largest drop in 8 months CNBC - 8:49AM Fed meeting in focus for bond markets; QE to end? Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% +0.00 15 Yr FRM 3.16% +0.00 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.90% +0.00 5/1 Yr ARM 3.23% +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 3.92% 0.50 -0.05 15 Yr. Fixed 3.08% 0.50 -0.10 1 Yr. ARM 2.41% 0.40 +0.03 5/1 Yr. ARM 2.91% 0.50 -0.01 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 3.0 100.14 -0.25 30YR FNMA 3.5 103.41 -0.22 30YR GNMA 3.0 101.97 -0.22 30YR GNMA 3.5 104.50 -0.17 15YR FNMA 3.0 103.84 -0.11 15YR FNMA 2.5 101.73 -0.16 Treasuries Yield Change 2 YR 0.3937% +0.0121 5 YR 1.5118% +0.0261 10 YR 2.2943% +0.0356 30 YR 3.0678% +0.0318 Prices as of: 10/28/2014 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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