Daily Newsletter: Mortgage Rates Back to Pre-Taper-Tantrum Levels; Early Winter put Damper on Housing; What's up With This Market Volatility?

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30 Year Fixed 3.80%   -0.05 15 Year Fixed 3.10%   -0.02 10YR Treasury 2.06%   -0.0574 FNMA 30YR 3.5 104.41   +0.30 FNMA 15YR 2.5 104.13   +0.28 View Today's Rates

Tuesday December 16, 2014 Mortgage Rate Watch - 3:14PM Mortgage Rates Back to Pre-Taper-Tantrum Levels Mortgage rates fell decisively today, bringing some lenders back in line with rate sheets seen on May 22nd, 2013. That's significant because it was arguably the first day of the 'Taper ... MND NewsWire - 12:32PM Winter Arrived Early, Construction Slowed as Well All three of the U.S. Census Bureau/Department of Housing and Urban Development construction indicators dropped in November from their October levels and both residential building permits ... MBS Commentary - 12:32PM MBS MID-DAY: Volatile Day for Markets; Who's Responsible for This? To be clear, bond markets are still in strongly positive territory this morning, though they're off their best levels seen just after 7am. Volatility in global financial markets is ... Pipeline Press - 10:44AM State Fraud Rankings; New Products from Stonegate, First Cal, and SoFi Looking at things in a different way works very well in marketing as well. Carol Kimball sent along something for Realtors out there: selling a house by installing a miniature roller ... MBS Day Ahead: Gearing up for Fed or Running With the Pack? Builder Confidence Finishes Year Close to Highs Latest Video Fed keeps 'considerable time': Pro Housing starts down 1.6% Ruble in ruins as rate hike fails to stem fall More News from 'Around the Web' WSJ - 3:58PM When Will the Fed Raise Rates? WSJ's Hilsenrath and Reddy Discuss CNBC - 2:27PM Fed, oil and Russia: A volatile mix Bloomberg - 2:26PM JPMorgan Mortgage Deal Criticized for Not Involving Trustees - Bloomberg blog.redfin.com - 1:28PM Hottest Homes of 2014 DataQuick - 1:28PM November Bay Area Home Sales Press Release www.npr.org - 12:48PM Has Vladimir Putin Just Overplayed His Hand? Bloomberg - 12:40PM Speed Trader Study Shows Treasuries Hurt When Breaking News Hits - Bloomberg Calculated Risk Blog - 10:51AM Comments on November Housing Starts Reuters - 10:31AM U.S. factory activity growth at 11-month low in December: Markit Bloomberg - 10:30AM Fed to Remove 'Considerable Time': FOMC Survey - Bloomberg Reuters - 9:21AM U.S. housing starts, permits fall; trend points to recovery Bloomberg - 9:15AM Weidmann Rejects Sovereign-Bond Buying Even If Deflation Emerges - Bloomberg Google News - 9:13AM New measure shows mortgage denial rate is triple traditional estimates. www.freddiemac.com - 9:13AM A Look Back at Five Predictions for 2014 freddiemac.mwnewsroom.com - 9:13AM Freddie Mac December U.S. Economic and Housing Market Outlook Reuters - 9:13AM Ocwen faulted by watchdog for compliance with servicing settlement Today's Rates Best Execution Rate Change 30 Yr FRM 3.80% -0.05 15 Yr FRM 3.10% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.66% -0.04 5/1 Yr ARM 3.23% -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 3.93% 0.50 +0.04 15 Yr. Fixed 3.20% 0.50 +0.10 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.98% 0.50 +0.04 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 3.0 101.50 +0.42 30YR FNMA 3.5 104.41 +0.30 30YR GNMA 3.0 102.84 +0.33 30YR GNMA 3.5 105.20 +0.33 15YR FNMA 3.0 104.13 +0.28 15YR FNMA 2.5 102.08 +0.38 Treasuries Yield Change 2 YR 0.5564% -0.0281 5 YR 1.5180% -0.0543 10 YR 2.0608% -0.0574 30 YR 2.6891% -0.0592 Prices as of: 12/16/2014 4:16PM 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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