Daily Newsletter: Rates Continue Gradual Recovery; FHA Way Ahead of Goals; Housing Destiny in Demographics

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30 Year Fixed 4.01%   -0.02 15 Year Fixed 3.23%   -0.01 10YR Treasury 2.27%   -0.0018 FNMA 30YR 3.5 103.25   +0.08 FNMA 15YR 2.5 103.39   -0.09 View Today's Rates

Monday November 16, 2015 Mortgage Rate Watch - 4:53PM Mortgage Rates Continue Gradual Recovery Mortgage rates moved slightly lower for the third straight day and have now spent 4 days without moving higher. Like the previous two business days, the improvements were modest. That ... MND NewsWire - 3:48PM FHA Financials Doing Much Better Than Expected FHA's Mutual Mortgage Insurance Fund (MMIF) is back in the money . Housing and Urban Development Secretary Julian Castro told Congress today that the fund, which had declined into insolvency ... MND NewsWire - 3:42PM Housing Market Destiny Foretold by Demographics While we have all been sitting around waiting for millennials to take the homeowner plunge we have apparently overlooked that both they and their parents are poised (relative to prevailing ... MBS Commentary - 7:33AM MBS Week Ahead: How Will Paris Tragedy Affect Bond Markets This Week? There are several past examples of global tragedies affecting domestic interest rates. It's not uncommon to see far less grotesque events than those that transpired last Friday have ... MBS MID-DAY: Slowly Bouncing Back From Friday Lender Changes; LO Comp Survey Results; Upcoming Events; Condo Policy Changes Latest Video THIS could prevent the Fed from raising rates: Pro Oil moves higher on geopolitical risk Santelli: Key level in euro/dollar More News from 'Around the Web' CNBC - 3:33PM Manufacturing is clearly in recession CNBC - 3:33PM Fed seen raising rates in December www.cfpbmonitor.com - 3:26PM Lawmaker seeks information on CFPB's role in regulating online lending to small businesses Calculated Risk Blog - 3:26PM Fed Economic Letter: "What's Different about the Latest Housing Boom?" Calculated Risk Blog - 3:26PM Phoenix Real Estate in October: Sales up 2%, Inventory down 11% CNBC - 12:38PM How Paris attacks will play out in the market CNBC - 12:36PM Japan's economy shrinks back into recession Calculated Risk Blog - 11:01AM HUD: FHA'S 2015 Annual Report Shows Capital Reserves Now Exceed 2%, First Time Since 2008 CNBC - 9:14AM NY manufacturing shrinks Realtor.Org - 2:49AM Real Estate to Benefit as Crowdfunding Gets Boost www.builderonline.com - 2:46AM Millennial Surge, Boomer Bulge Set to Give Market a Boost Bloomberg - 2:41AM As Terror Episodes Increase, So Has Resilience in World Markets Bloomberg - 2:41AM Bond Bulls Cheer as Dimmed Inflation Outlook Backs Gradual Fed Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% -0.02 15 Yr FRM 3.23% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.83% -0.01 5/1 Yr ARM 2.99% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.46% 1.21 +0.00 30 Yr. Fixed 4.17% 1.42 -0.03 MBA ** 30 Yr. Fixed 4.12% 0.45 +0.11 15 Yr. Fixed 3.35% 0.35 +0.11 30 Yr. Jumbo 4.04% 0.38 +0.14 30 Yr. FHA 3.87% 0.25 +0.06 5/1 ARM 3.22% 0.28 +0.10 Freddie Mac ** 30 Yr. Fixed 3.98% 0.60 +0.11 15 Yr. Fixed 3.20% 0.60 +0.11 1 Yr. ARM 2.65% 0.20 +0.03 5/1 Yr. ARM 3.03% 0.40 +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 3.0 100.02 +0.09 30YR FNMA 3.5 103.25 +0.08 30YR GNMA 3.0 101.38 +0.05 30YR GNMA 3.5 104.19 +0.02 15YR FNMA 3.0 103.39 -0.09 15YR FNMA 2.5 101.13 -0.14 Treasuries Yield Change 2 YR 0.8550% +0.0001 5 YR 1.6553% +0.0217 10 YR 2.2728% -0.0018 30 YR 3.0664% +0.0105 Prices as of: 11/16/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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