Daily Newsletter: Increased Defaults as Interest-Only Loans Recast; Rates Stay Low; Energy Prices Helping Housing?; Investor Overlays Expected to Diminish

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30 Year Fixed 3.87%   -0.01 15 Year Fixed 3.10%   -0.01 10YR Treasury 2.24%   +0.0631 FNMA 30YR 3.5 104.05   -0.25 FNMA 15YR 2.5 104.08   -0.11 View Today's Rates

Monday December 1, 2014 MND NewsWire - 2:32PM Increased Defaults as Interest-Only Loans Recast -Fitch The ghosts of originations past could still come back to haunt the housing industry according to a new report from Fitch Ratings. The company says that half of those borrowers who have ... Mortgage Rate Watch - 5:04PM Mortgage Rates Hold Lows Despite Market Volatility Mortgage rates were exceptionally low this morning . In many cases, lenders' rate sheets were stronger than those seen early on October 15th, making this morning's rates the best in ... MND NewsWire - 2:21PM CoreLogic: Could Lower Energy Prices Stimulate Housing Demand? Could lower energy costs translate into a more lively real estate market? It seems logical - the less consumers must spend to keep their cars moving and their houses warm the more they ... Pipeline Press - 9:32AM Investor Overlays Expected to be Reduced; Rise of Niche Products I still own a typewriter. But Discover Home Loans conducted a national survey of more than 1,000 recent homebuyers and found that most homebuyers believed they were better buyers due ... MBS MID-DAY: Bond Markets Modestly Weaker; MBS Outperforming MBS Week Ahead: This Week Will Set the Tone for Rest of Year Latest Video Unlocking home equity Santelli Exchange: Economic growth divergence Santelli: Traders in as sellers Monday More News from 'Around the Web' WSJ - 5:53PM Fed's Dudley: Financial Market Reaction Key to Pace of Rate Increases WSJ - 5:52PM Lower Gas Prices: How Big a Boost for the Economy? Bloomberg - 5:40PM U.S. Corporate Bond Sales Pass $1.5 Trillion for Annual Record - Bloomberg WSJ - 3:54PM Fischer: Fed's Current Concern Is How, When Best to Raise Interest Rates Calculated Risk Blog - 3:04PM Housing: Demographics for Renting and Buying Washington Post - 2:37PM Soaring mortgage fees could cost first-time buyers hundreds of dollars more a month CNBC - 2:35PM Fed leak revealed confidential info on bond-buying www.gallup.com - 1:16PM Americans' Consumer Spending Inches Up in November CNBC - 1:15PM Home equity is back and homeowners are loving it Bloomberg - 1:09PM Fed's Dudley Says Oil Decline Will Strengthen Economic Recovery - Bloomberg Market Watch - 11:48AM The Fed: 'Fog of war' gives Fed time to weigh sharp slide in oil prices Reuters - 10:42AM U.S. factory activity growth slows in November: ISM Reuters - 10:14AM Signs point to March meeting for ECB decision on printing money www.freddiemac.com - 8:42AM What's the Big Deal about Small Balance Loans? CNBC - 8:40AM US bonds gain as gold, silver, oil prices fall Bloomberg - 8:40AM German Bonds' Five-Week Gain Makes Borrowing Cheapest on Record - Bloomberg Reuters - 8:39AM Stock futures fall on weak global data, falling commodities Bloomberg - 12:48AM ECB Officials Confront Cheaper Oil Spilling Onto Stimulus Debate - Bloomberg Reuters - 12:47AM China's official PMI slips to 50.3 in November, below forecast Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% -0.01 15 Yr FRM 3.10% -0.01 FHA 30 Year Fixed 3.25% -0.10 Jumbo 30 Year Fixed 3.70% -0.01 5/1 Yr ARM 3.23% -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 3.97% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 +0.00 1 Yr. ARM 2.44% 0.40 +0.00 5/1 Yr. ARM 3.01% 0.50 +0.00 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 3.0 100.88 -0.36 30YR FNMA 3.5 104.05 -0.25 30YR GNMA 3.0 102.36 -0.28 30YR GNMA 3.5 104.77 -0.31 15YR FNMA 3.0 104.08 -0.11 15YR FNMA 2.5 101.94 -0.09 Treasuries Yield Change 2 YR 0.5039% +0.0275 5 YR 1.5359% +0.0424 10 YR 2.2359% +0.0631 30 YR 2.9636% +0.0702 Prices as of: 12/1/2014 4:31PM 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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