Daily Newsletter: Mortgage Rates Back to 2014 Lows; Falling REOs Reducing All-Cash Buying Opportunities; CFPB Exams; Mortgage Application Volatility

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30 Year Fixed 3.87%   -0.01 15 Year Fixed 3.13%   -0.01 10YR Treasury 2.17%   -0.0421 FNMA 30YR 3.5 104.05   -0.16 FNMA 15YR 2.5 103.94   +0.03 View Today's Rates

Wednesday December 10, 2014 Mortgage Rate Watch - 3:59PM Mortgage Rates Back to 2014 Lows Mortgage rates moved only slightly lower today, but it was enough to bring the end-of-day average to the lowest in more than a year an a half. For the record, there were lower rates ... MND NewsWire - 2:47PM Dwindling REO Sales Blunt Importance of All-Cash Transactions Cash sales continued to decline in importance in September. These sales, which represented close to half of all home sales when foreclosures and lender owned real estate (REO) were ... Pipeline Press - 10:32AM TILA-RESPA Video; Update on CFPB's Exams, Financial Condition and Civil Penalty Fund Winston Churchill said, "There are a terrible lot of lies going around the world, and the worst of it is half of them are true." Figures don't lie, right? For folks who like lists, ... MND NewsWire - 9:49AM More Holiday-Adjusted Volatility for Mortgage Applications The week ended December 5 was another of those post-holiday periods when mortgage application data skews all over the place just as it did during the holiday week itself. At the end ... MBS MID-DAY: Leaky Oil, Stocks, and Leaked EU Summit Details Stop the Leak in Bond Prices MBS Day Ahead: Bond Markets On the Lookout for Early Year-End Trend Latest Video Mortgage rates to go lower: Pro Strong demand at 10-year Note auction Mortgage apps up ... sort of More News from 'Around the Web' CNN - 3:51PM Elizabeth Warren is really angry about Dodd-Frank change Washington Post - 3:50PM Millennials can afford to become homeowners â€" just not where most of them live Bloomberg - 3:00PM Fannie Mae Taps Reinsurers in Mortgage Risk-Sharing Deal - Bloomberg WSJ - 3:00PM Where Will Aging Baby Boomers Buy Homes? Bloomberg - 1:22PM Congress Deal to Avoid Shutdown Includes Victory for Banks - Bloomberg Fannie Mae - 11:59AM News Release - Fannie Mae Taps Reinsurance Industry in ... CNBC - 10:53AM Crowdfunding real estate Calculated Risk Blog - 10:53AM FNC: Residential Property Values increased 5.7% year-over-year in October www.cfpbmonitor.com - 10:53AM CFPB posts video of Nov. 18th webinar on new closing disclosure Washington Post - 10:52AM D.C. region's housing market remains stalled CNBC - 9:00AM Areas with good jobs have pricey homes CNBC - 8:52AM For home buyers, mortgage demand is locked at lows transunion.mwnewsroom.com - 8:52AM TransUnion Forecasts Mortgage Delinquency Rate to Reach Pre-Recession Levels in 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% -0.01 15 Yr FRM 3.13% -0.01 FHA 30 Year Fixed 3.35% -0.05 Jumbo 30 Year Fixed 3.71% -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 3.47% 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 3.89% 0.50 -0.08 15 Yr. Fixed 3.10% 0.50 -0.07 1 Yr. ARM 2.41% 0.40 -0.03 5/1 Yr. ARM 2.94% 0.50 -0.07 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 -0.09 30YR FNMA 3.5 104.05 -0.16 30YR GNMA 3.0 102.44 +0.16 30YR GNMA 3.5 104.80 +0.03 15YR FNMA 3.0 103.94 +0.03 15YR FNMA 2.5 101.72 +0.09 Treasuries Yield Change 2 YR 0.5719% -0.0398 5 YR 1.5639% -0.0526 10 YR 2.1691% -0.0421 30 YR 2.8358% -0.0321 Prices as of: 12/10/2014 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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