Daily Newsletter: Mortgage Rates Remain Near Recent Highs; CFPB on Affiliate Fees; FHFA on Strategic Goals; Short Sales Losing Favor

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30 Year Fixed 4.45%   -0.02 15 Year Fixed 3.51%   -0.02 10YR Treasury 2.75%   +0.0126 FNMA 30YR 3.5 100.81   -0.05 FNMA 15YR 2.5 103.03   -0.08 View Today's Rates

Friday November 29, 2013 Mortgage Rate Watch - 1:05PM Mortgage Rates Modestly Lower but Remain Near Recent Highs Mortgage rates edged just barely lower today , but remain close to the recent highs seen on Wednesday. Along with November 12th, these 3 days contain the highest rates since the September ... MND NewsWire - 10:01AM CFPB's Take on Affiliate Fees, Loans Under $100k, and Several Other Recent Announcements We have 28 business days until QM is the law of the land, and even after this commentary discussed the CFPB’s policy there still seems to be a small amount of confusion out there ... MND NewsWire - 12:15PM FHFA Says Significant Progress Made toward Strategic GSE Goals The Federal Housing Finance Agency (FHFA) recently released its 2013 Conservatorship Scorecard detailing the progress made by the government sponsored agencies (GSEs) Freddie Mac and ... MND NewsWire - 12:10PM Short Sales Becoming Less Favorable For Lenders RealtyTrac reports that the nature of distressed property sales is evolving. In its most recent report on market and distressed sales, the company noted that changing economics are ... The Day Ahead: Abbreviated Data-Free Session Mortgage Applications Unchanged After Seasonal Adjustments Conforming Loan Limits Stay Put for 2014, Including High Cost Areas Latest Video Closing Bell Exchange Santelli Exchange: Headwinds, the economy, and uncertainty Santelli: It really is a spread game More News from 'Around the Web' Washington Post - 1:03PM An interview with Mortimer Zuckerman: How he succeeds in real estate www.nytimes.com - 12:22PM Off the Charts: For Long-Term Jobless, a Stubborn Trend Washington Post - 10:48AM Wonkblog: Black Friday is a bunch of meaningless hype, in one chart Market Watch - 10:12AM Market Snapshot: U.S. stocks rise, on pace for monthly gains CNBC - 10:08AM Gold suffers worst November since 1978 Market Watch - 10:08AM Bond Report: Treasurys eye monthly loss before data deluge Reuters - 8:54AM Stock futures edge higher, on track for strong month CNBC - 8:53AM US bonds trade in low volumes ahead of Black Friday Today's Comments MBS Live Chat - 10:39AM "Dustin, we have done DU Refi Plus with previous being LPMI. You still need to get Cert transferred from current MI company...." MBS Live Chat - 11:45AM "Lender-Purchased Mortgage Insurance New lender-purchased mortgage insurance coverage may be obtained on new DU Refi Plus and Refi Plus mortgage loans, and continuation of existing lender-purchased mortgage insurance coverage on the new loan is also permitted...." MBS Live Chat - 12:25PM "I just did one where the LPMI was paid monthly by the lender. The MI certificate was modified to borrower paid monthly mi. Because originally it was lender paid I was unable to disclose the new MI payment. Once the lender determined that it was paid monthly by the previous lender they told me the monthly..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.45% -0.02 15 Yr FRM 3.51% -0.02 FHA 30 Year Fixed 4.15% -0.02 Jumbo 30 Year Fixed 4.42% -0.01 5/1 Yr ARM 3.22% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.62% 1.06 +0.18 30 Yr. Fixed 4.49% 1.21 +0.22 MBA ** 30 Yr. Fixed 4.46% 0.38 +0.02 15 Yr. Fixed 3.52% 0.33 +0.00 30 Yr. Jumbo 4.47% 0.22 -0.01 30 Yr. FHA 4.14% 0.25 -0.02 5/1 ARM 3.12% 0.27 +0.01 Freddie Mac ** 30 Yr. Fixed 4.29% 0.70 +0.07 15 Yr. Fixed 3.30% 0.70 +0.03 1 Yr. ARM 2.60% 0.40 -0.01 5/1 Yr. ARM 2.94% 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 96.44 -0.02 30YR FNMA 3.5 100.81 -0.05 30YR GNMA 3.0 97.56 -0.08 30YR GNMA 3.5 101.94 -0.02 15YR FNMA 3.0 103.03 -0.08 15YR FNMA 2.5 99.81 0.00 Treasuries Yield Change 2 YR 0.2854% -0.0039 5 YR 1.3734% +0.0114 10 YR 2.7481% +0.0126 30 YR 3.8186% +0.0054 Prices as of: 11/29/2013 1:38PM 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Mortgage Rates Back up to Recent Highs; Applications Flat After Seasonal Adjustment; Good News For Housing Market

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30 Year Fixed 4.47%   +0.05 15 Year Fixed 3.53%   +0.04 10YR Treasury 2.74%   +0.0270 FNMA 30YR 3.5 100.86   -0.36 FNMA 15YR 2.5 103.11   -0.17 View Today's Rates

Wednesday November 27, 2013 Mortgage Rate Watch - 3:35PM Mortgage Rates Back up to Recent Highs Mortgage rates moved decidedly higher today, bringing most lenders back in line with their highest recent rate sheet offerings from November 12th. In many cases, this may result in ... MND NewsWire - 9:26AM Mortgage Applications Unchanged After Seasonal Adjustments Applications for mortgages moved in two directions during the week ending November 22, depending on whether the figures were presented "as is" or on a seasonally adjusted basis. The ... Pipeline Press - 10:23AM Generally Good News in the Housing Market; No Change to Conforming Loan Limits A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most recent recession, while values in large ... MBS Commentary - 4:27PM MBS RECAP: Weaker After Data; How Much Should you Blame the Holiday? MBS Live : MBS Afternoon Market Summary Today offers a very interesting set of circumstances to consider for MBS and mortgage rates. First, we can safely assume that rate sheets have ... The Day Ahead: Unofficial Month-End; Busiest Econ Calendar of the Week Conforming Loan Limits Stay Put for 2014, Including High Cost Areas Home Price Growth Slowing but Still Bubbly in West MBS MID-DAY: Bond Markets Hold Gains After Weaker Consumer Confidence Latest Video December's most important number Cashin: Taper not priced into market Santelli's Midday Bond Report More News from 'Around the Web' CFPB - 4:10PM Updated exam procedures for revised mortgage rules -CFPB PR Newswire - 4:10PM Fannie Mae Releases October 2013 Monthly Summary freddiemac.mwnewsroom.com - 1:28PM Freddie Mac Immediately Extends Mortgage Relief to Illinois Homeowners Impacted by Tornadoes CNBC - 1:05PM Goldman trades are good-just not great: Report Bloomberg - 12:28PM Treasuries Decline as 7-Year Sale Demand Is Lowest Since 2009 - Bloomberg Market Watch - 12:28PM Looking for a vacation home? Might need to pay cash Bloomberg - 11:28AM Long Bonds Spurned as Buyers Seek Taper Shelter: Credit Markets - Bloomberg Washington Post - 11:28AM Wonkblog: Markets used to freak out over tapering QE. The Fed has persuaded them not to. freddiemac.mwnewsroom.com - 10:08AM Fixed Mortgage Increase Slightly freddiemac.mwnewsroom.com - 9:55AM Freddie Mac Issues Monthly Volume Summary for October 2013 The Huffington Post - 9:55AM Fed Pressured JPMorgan To Distance Itself From Controversial Business For More Than A Year www.philadelphiafed.org - 9:55AM Analysis: Third Quarter 2013 House Prices The Big Picture - 9:55AM A Way With Words: The Economics of the Fed's Press Conference CNBC - 8:24AM Mortgage apps slide for 4th week running CNBC - 8:15AM Is the Fed trying to 'fool' the bond market? CNBC - 8:14AM US bond markets poised for next Treasury auction CNBC - 8:14AM Wall Street awaits data deluge ahead of holiday CNBC - 8:14AM US banks could face legal charges of over $100 billion: S&P Today's Comments MBS Live Chat - 1:38PM "The day a person decides that his career is originating loans is the day they start getting more business. That day happened for me 12 or 13 years ago. Rolling into the office at 10am, leaving at 4pm, not answering the phone after hours or on the weekend is simply not the way to approach this industry..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.47% +0.05 15 Yr FRM 3.53% +0.04 FHA 30 Year Fixed 4.17% +0.06 Jumbo 30 Year Fixed 4.43% +0.04 5/1 Yr ARM 3.24% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.62% 1.06 +0.18 30 Yr. Fixed 4.49% 1.21 +0.22 MBA ** 30 Yr. Fixed 4.46% 0.38 +0.02 15 Yr. Fixed 3.52% 0.33 +0.00 30 Yr. Jumbo 4.47% 0.22 -0.01 30 Yr. FHA 4.14% 0.25 -0.02 5/1 ARM 3.12% 0.27 +0.01 Freddie Mac ** 30 Yr. Fixed 4.29% 0.70 +0.07 15 Yr. Fixed 3.30% 0.70 +0.03 1 Yr. ARM 2.60% 0.40 -0.01 5/1 Yr. ARM 2.94% 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 96.45 -0.45 30YR FNMA 3.5 100.86 -0.36 30YR GNMA 3.0 97.64 -0.36 30YR GNMA 3.5 101.95 -0.33 15YR FNMA 3.0 103.11 -0.17 15YR FNMA 2.5 99.81 -0.27 Treasuries Yield Change 2 YR 0.2893% -0.0039 5 YR 1.3620% +0.0513 10 YR 2.7355% +0.0270 30 YR 3.8132% +0.0159 Prices as of: 11/27/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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