Daily Newsletter: Christmas Do's and Don'ts; Rates Match December Highs; Housing Index Remains Weak; Modest Rise in Applications

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30 Year Fixed 3.94%   +0.03 15 Year Fixed 3.19%   +0.03 10YR Treasury 2.27%   +0.0018 FNMA 30YR 3.5 103.78   +0.06 FNMA 15YR 2.5 103.64   +0.02 View Today's Rates

Wednesday December 24, 2014 Community Commentary - 12:41PM Do's and Don'ts for Prospective Home Buyers: Christmas Edition Here's a special Christmas edition of Do's and Don'ts for prospective buyers or refinancing homeowners embarking on, or already engaged in the mortgage process. In case it needs to ... Mortgage Rate Watch - 1:11PM Mortgage Rates Match December Highs Mortgage rates continued higher today as lenders opted for typically conservative holiday pricing strategies. The bond markets that most directly influence mortgage rates improved slightly ... MND NewsWire - 10:52AM Freddie Mac's Housing Market Remains Weak Just under one third of the states plus the District of Columbia are now in what is considered a "stable" range on Freddie Mc's Multi-Indicator Market Index® or MiMi. The index ... MND NewsWire - 8:53AM Mortgage Apps Rise Modestly on Lower Rates There was a slight increase in mortgage application volume during the week ended December 19 as interest rates for the most commonly originated mortgages continued to inch down. It ... FHA MIP Under Fire; Ellie Insight Report; Lender 1st New England Bankrupt; MBS Day Ahead: Some Solace from the Season; Wheel Keeps on Spinning Latest Video Housing's harsh realities 7-Year Note Auction results: D+ Santelli Exchange: Good & bad of 2014 More News from 'Around the Web' Bloomberg - 12:34PM Wells Fargo, HSBC, BNY Sued Over Mortgage-Backed Securities - Bloomberg CNBC - 10:56AM Hey, millennials: Time to buy a house! freddiemac.mwnewsroom.com - 10:30AM Mortgage Rates Remain Near 2014 Lows CNBC - 8:43AM US jobless claims fall for fourth straight week Bloomberg - 8:42AM Orix to Start Rental of Home-Use Solar Panels, Storage Batteries - Bloomberg www.federalregister.gov - 8:40AM Credit Risk Retention CNBC - 8:40AM US Treasurys flat in light trade WSJ - 8:40AM Prices are Rising For Senior Living Properties Today's Rates Best Execution Rate Change 30 Yr FRM 3.94% +0.03 15 Yr FRM 3.19% +0.03 FHA 30 Year Fixed 3.45% +0.00 Jumbo 30 Year Fixed 3.83% +0.03 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 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.80% 0.60 -0.13 15 Yr. Fixed 3.09% 0.60 -0.11 1 Yr. ARM 2.38% 0.40 -0.02 5/1 Yr. ARM 2.95% 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 3.0 100.59 +0.08 30YR FNMA 3.5 103.78 +0.06 30YR GNMA 3.0 101.75 +0.08 30YR GNMA 3.5 104.44 0.00 15YR FNMA 3.0 103.64 +0.02 15YR FNMA 2.5 101.44 +0.02 Treasuries Yield Change 2 YR 0.7433% +0.0000 5 YR 1.7693% +0.0338 10 YR 2.2676% +0.0018 30 YR 2.8379% -0.0184 Prices as of: 12/24/2014 1:55PM 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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