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                                                Monday October 28, 2013
                                             
                                            
                                                
    
            
                MND NewsWire - 10:16AM
             
                        
            
                Contracts for home purchases declined for the fourth consecutive month the National Association of Realtors® (NAR) said today. NAR's Pending Home Sales Index fell 5.6 percent to ...
             
            
                MND NewsWire - 1:35PM
             
                        
            
                Home prices ticked up a modest 0.4 percent in August Lender Processing Services (LPS) said today. The company's Home Price Index (HPI) based on the months residential real estate transactions ...
             
            
                MND NewsWire - 3:19PM
             
                        
            
                The acting director of the Federal Housing Finance Agency (FHFA) discussed the future of the government sponsored enterprises Freddie Mac and Fannie Mae (the GSEs) on Monday, focusing ...
             
            
                MND NewsWire - 12:07PM
             
                        
            
                Access to the credit needed to drive this economy is being stifled by government decisions that are an overreaction to events of five years ago, David H. Stevens said today. In an effort ...
             
     
    
    
    
            
        
        
            
                
                     
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                    "That was a very interesting post. I thought it would have been the other way around LOL!!!..."
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                    "how isn't that program considered discriminatory..."
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                    "same could said for VA loans...right?..."
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                    "maybe, but that is a added benefit to serving the country..."
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                    "don't get me wrong, I get it...but there are several loan programs that are demographic specific. The doctor programs happen to be one, just like VA...."
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                    "discrimination is only a factor for race, color, age, etc. A lender could choose to make loans to astronauts if they want...."
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                                                    Today's Rates
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    30 Yr FRM
                                                                 | 
                                                                
                                                                    4.11%
                                                                 | 
                                                                
                                                                    +0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15 Yr FRM
                                                                 | 
                                                                
                                                                    3.27%
                                                                 | 
                                                                
                                                                    +0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    FHA 30 Year Fixed
                                                                 | 
                                                                
                                                                    3.80%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    Jumbo 30 Year Fixed
                                                                 | 
                                                                
                                                                    4.11%
                                                                 | 
                                                                
                                                                    +0.00
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    5/1 Yr ARM
                                                                 | 
                                                                
                                                                    3.11%
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                    
                                                    
                                                        
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                                                    Average Mortgage Rates
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                            
                                                         
                                                                                                                    
                                                                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    15 Yr. Fixed
                                                                 | 
                                                                
                                                                    3.62%
                                                                 | 
                                                                
                                                                    1.06
                                                                 | 
                                                                
                                                                    +0.18
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 Yr. Fixed
                                                                 | 
                                                                
                                                                    4.49%
                                                                 | 
                                                                
                                                                    1.21
                                                                 | 
                                                                
                                                                    +0.22
                                                                 | 
                                                             
                                                                                            
                                                 
                                                
                                                    
                                                        
                                                                                                                                                                       
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    30 Yr. Fixed
                                                                 | 
                                                                
                                                                    4.39%
                                                                 | 
                                                                
                                                                    0.41
                                                                 | 
                                                                
                                                                    -0.07
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15 Yr. Fixed
                                                                 | 
                                                                
                                                                    3.51%
                                                                 | 
                                                                
                                                                    0.30
                                                                 | 
                                                                
                                                                    -0.02
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 Yr. Jumbo
                                                                 | 
                                                                
                                                                    4.43%
                                                                 | 
                                                                
                                                                    0.26
                                                                 | 
                                                                
                                                                    -0.08
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 Yr. FHA
                                                                 | 
                                                                
                                                                    4.15%
                                                                 | 
                                                                
                                                                    0.27
                                                                 | 
                                                                
                                                                    -0.01
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    5/1 ARM
                                                                 | 
                                                                
                                                                    3.25%
                                                                 | 
                                                                
                                                                    0.26
                                                                 | 
                                                                
                                                                    +0.00
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                                                                | 
                                                                    30 Yr. Fixed
                                                                 | 
                                                                
                                                                    4.13%
                                                                 | 
                                                                
                                                                    0.80
                                                                 | 
                                                                
                                                                    -0.15
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    15 Yr. Fixed
                                                                 | 
                                                                
                                                                    3.24%
                                                                 | 
                                                                
                                                                    0.60
                                                                 | 
                                                                
                                                                    -0.09
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                                                                | 
                                                                    1 Yr. ARM
                                                                 | 
                                                                
                                                                    2.60%
                                                                 | 
                                                                
                                                                    0.50
                                                                 | 
                                                                
                                                                    -0.03
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                                                                | 
                                                                    5/1 Yr. ARM
                                                                 | 
                                                                
                                                                    3.00%
                                                                 | 
                                                                
                                                                    0.40
                                                                 | 
                                                                
                                                                    -0.07
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 * FHFA averages are updated monthly.  ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. 
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                                                    Secondary Markets
                                                 
                                                
                                                    
                                                        
                                                            
                                                            
                                                            
                                                         
                                                    
                                                    
                                                            
                                                                | 
                                                                    30YR FNMA 3.0
                                                                 | 
                                                                
                                                                    98-22
                                                                 | 
                                                                
                                                                    -0-05
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30YR FNMA 3.5
                                                                 | 
                                                                
                                                                    102-20
                                                                 | 
                                                                
                                                                    -0-02
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30YR GNMA 3.0
                                                                 | 
                                                                
                                                                    99-22
                                                                 | 
                                                                
                                                                    -0-05
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30YR GNMA 3.5
                                                                 | 
                                                                
                                                                    103-23
                                                                 | 
                                                                
                                                                    -0-02
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                                                                | 
                                                                    15YR FNMA 3.0
                                                                 | 
                                                                
                                                                    103-27
                                                                 | 
                                                                
                                                                    -0-02
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                                                                | 
                                                                    15YR FNMA 2.5
                                                                 | 
                                                                
                                                                    101-02
                                                                 | 
                                                                
                                                                    -0-04
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                                                                | 
                                                                    2 YR
                                                                 | 
                                                                
                                                                    0.3072%
                                                                 | 
                                                                
                                                                    +0.0042
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                                                                    5 YR
                                                                 | 
                                                                
                                                                    1.2878%
                                                                 | 
                                                                
                                                                    +0.0081
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                                                                | 
                                                                    10 YR
                                                                 | 
                                                                
                                                                    2.5233%
                                                                 | 
                                                                
                                                                    +0.0145
                                                                 | 
                                                             
                                                            
                                                                | 
                                                                    30 YR
                                                                 | 
                                                                
                                                                    3.6170%
                                                                 | 
                                                                
                                                                    +0.0180
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                                                                 Prices as of: 10/28/2013 4:31PM EST 
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