Daily Newsletter: Rates Hold 18-Month Lows; New Measure of Mortgage Credit; Foreclosure Filings Up; FHA/VA Flipping Update; Oil Fueling Bond Rally?

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30 Year Fixed 3.87%   +0.00 15 Year Fixed 3.12%   -0.01 10YR Treasury 2.17%   +0.0034 FNMA 30YR 3.5 104.08   +0.03 FNMA 15YR 2.5 103.94   0.00 View Today's Rates

Thursday December 11, 2014 Mortgage Rate Watch - 4:06PM Mortgage Rates Hold Ground at 18-Month Lows Mortgage rates didn't move much today, depending on the lender. Lenders that reissued improved rate sheets yesterday afternoon are generally in the same territory or slightly worse ... MND NewsWire - 3:34PM New Credit Accessibility Measure Weighs Lender Risk The Housing Finance Policy Center, part of the Urban Institute, has released a new measure of credit availability . In an article in the Urban Institute's blog, Metro Blog, Wei Li and ... MND NewsWire - 1:31PM Early Stage Foreclosure Filings up Nationwide and in Most States While overall foreclosure activity overall continued its now years-long decline from housing crisis peaks there was a significant year-over-year increase in foreclosure starts. RealtyTrac ... Pipeline Press - 10:58AM FHA Flipping & VA Update; M&A Sweeps Through MI, Banks, and Large Lenders "Karma means that I can rest easy at night knowing that all the people I treated badly had it coming." But there is also good karma, and the MBA is creating plenty of it through its ... MBS MID-DAY: Rally Finds its Limits For Now; Losses Could be Worse Though MBS Day Ahead: First Significant Data of the Week; Last Treasury Auction; Hungry Rally Latest Video Washington turns to Fed for heavy lifting Housing check-up Stronger spending linked to gas & jobs More News from 'Around the Web' CNBC - 5:03PM Latest on House spending bill rss.nytimes.com - 5:03PM Learning the Wrong Lessons From Multiple Financial Crises rss.nytimes.com - 5:03PM Cheap Loans From E.C.B. Get Tepid Response Among Eurozone Banks Calculated Risk Blog - 5:02PM Mortgage Equity Withdrawal Still Negative in Q3 2014 CNBC - 3:42PM Oil is new housing bubble: Trader www.cfpbmonitor.com - 3:42PM CFPB requires credit bureaus to identify furnishers and industries with highest dispute rates and issues study of collections tradelines CNBC - 2:38PM 'Yellen index' says Fed could hike WSJ - 1:48PM WSJ Survey: Housing Dinged 2014 Economic Growth Calculated Risk Blog - 1:47PM Fed's Flow of Funds: Household Net Worth "dipped slightly" in Q3 CNBC - 11:26AM Sales of newly built home struggle in November www.csbs.org - 10:24AM 57 Percent of Mortgage Licenses Submitted for Renewal freddiemac.mwnewsroom.com - 10:21AM Mortgage Rates Inch Up Slightly Bloomberg - 10:21AM Fannie, Freddie to Start Paying Into Fund for Low-Income Housing - Bloomberg WSJ - 9:16AM Rising Dollar and Falling Oil Could Be Recipe for a U.S. Asset Boom Reuters - 9:15AM U.S. jobless claims fall; continuing claims up Reuters - 9:15AM Solid U.S. retail sales point to brisk consumer spending CNBC - 9:15AM Import prices in largest drop in 2-1/2 yrs WSJ - 9:14AM Home-Builder Results Provide Muddled, Sober Outlook For 2015 Bloomberg - 9:13AM U.S. 30-Year Bonds Head for Best Year Since 2011 Before Auction - Bloomberg Bloomberg - 9:08AM Fed Bubble Bursts in $550 Billion of Energy Debt: Credit Markets - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% +0.00 15 Yr FRM 3.12% -0.01 FHA 30 Year Fixed 3.35% +0.00 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 3.93% 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 3.0 100.89 +0.02 30YR FNMA 3.5 104.08 +0.03 30YR GNMA 3.0 102.52 +0.08 30YR GNMA 3.5 104.86 +0.06 15YR FNMA 3.0 103.94 0.00 15YR FNMA 2.5 101.73 +0.02 Treasuries Yield Change 2 YR 0.6080% +0.0361 5 YR 1.6018% +0.0379 10 YR 2.1725% +0.0034 30 YR 2.8130% -0.0228 Prices as of: 12/11/2014 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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