Daily Newsletter: Existing Home Sales Fall From October Peak; Rates Hold Comically Flat; Another Ocwen Settlement

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30 Year Fixed 3.86%   +0.00 15 Year Fixed 3.12%   +0.00 10YR Treasury 2.16%   +0.0000 FNMA 30YR 3.5 104.22   +0.03 FNMA 15YR 2.5 103.81   -0.08 View Today's Rates

Monday December 22, 2014 MND NewsWire - 11:23AM Existing Home Sales Fall From October Peak Existing home sales in November fell far short of sales the previous month according to today's report from the National Association of Realtors® (NAR). Sales in November were at ... Mortgage Rate Watch - 2:59PM Mortgage Rates Comically Flat Mortgage rates are fairly hilarious today, though they're not hilariously higher or lower than they were on Friday. Rather, the entertainment comes from the fact that rate sheets across ... Pipeline Press - 10:47AM North Carolina Looks at Capital Requirements; Another Ocwen Settlement? It's Christmas-time, and we are all seeing plenty of logos out there. Those graphic design people are pretty clever, and plenty of logos have hidden, or not so hidden, symbols that ... MBS Commentary - 7:33AM MBS Week Ahead: Some Potential Market Movement, but Low Risk of Significance The last two weeks of December are not a time where most market participants are thinking about trading opportunistically. Rather, there tends to be a 'housekeeping' vibe, where traders ... MBS RECAP: Quintessential Holiday Week Session for Bond Markets MBS MID-DAY: Holiday Market Apathy in Full Effect Latest Video Fed will move mid-2015: Doll November existing home sales drop 6.1% 2014 housing 'a push': Pro More News from 'Around the Web' blog.redfin.com - 3:34PM UnReal Estate of the Week: The Most Talked About Celebrity Homes of 2014 WSJ - 2:47PM 5 Things to Watch in Tuesday's U.S. GDP Report Calculated Risk Blog - 2:36PM A Few Comments on November Existing Home Sales Bloomberg - 12:43PM Citigroup Mortgage-Bond Settlement Approval Sought by Trustees - Bloomberg WSJ - 12:43PM Are Low Mortgage Rates Keeping People in Their Homes? The Big Picture - 11:41AM Wall Street Economists = Consistently Wrong on 10-year Rate CNBC - 11:41AM Get ready: Foreclosed homeowners are baaaaack Market Watch - 11:40AM The Wall Street Journal: NY regulator announces $150 million settlement with Ocwen Financial Reuters - 10:30AM U.S. existing home sales hit six-month low in November Market Watch - 9:57AM Ocwen Financial's stock tumbles after announcing settlement with NY DFS Calculated Risk Blog - 9:06AM Chicago Fed: Index shows "Economic Growth Accelerated" in November Bloomberg - 8:57AM Treasury 2-Year Notes Set to Be Sold at Highest Yield Since 2011 - Bloomberg freddiemac.mwnewsroom.com - 8:56AM Freddie Mac Issues Monthly Volume Summary for November 2014 Market Watch - 12:03AM Christmas, Thanksgiving bring lowest stock-trading volumes Today's Rates Best Execution Rate Change 30 Yr FRM 3.86% +0.00 15 Yr FRM 3.12% +0.00 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.73% +0.00 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 3.47% 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 3.0 101.19 +0.03 30YR FNMA 3.5 104.22 +0.03 30YR GNMA 3.0 102.28 -0.06 30YR GNMA 3.5 104.83 -0.08 15YR FNMA 3.0 103.81 -0.08 15YR FNMA 2.5 101.70 -0.08 Treasuries Yield Change 2 YR 0.6626% +0.0165 5 YR 1.6588% +0.0134 10 YR 2.1583% +0.0000 30 YR 2.7452% -0.0120 Prices as of: 12/22/2014 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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