Daily Newsletter: Rates Inch Down to 2-Week Lows; Recent Housing Weakness More Than Seasonal; Judicial States Dominate Foreclosures; Affordability and Good Schools

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30 Year Fixed 4.00%   -0.02 15 Year Fixed 3.24%   +0.00 10YR Treasury 2.24%   -0.0281 FNMA 30YR 3.5 103.45   +0.14 FNMA 15YR 2.5 103.45   +0.06 View Today's Rates

Thursday November 19, 2015 Mortgage Rate Watch - 4:42PM Mortgage Rates Inch Down to 2-Week Lows Mortgage rates moved nicely lower today, relative to the recent, plodding improvements. This brings most lenders back to their lowest levels since November 5th--the day before the jobs ... MND NewsWire - 2:49PM Seasonality Can't Quite Explain October Housing Slowdown Home sales appeared to slam on the brakes in October, at least according to Redfin. The company said sales increased by only 0.3 percent compared to October 2014 representing "an abrupt ... MND NewsWire - 11:28AM Judicial Process States Continue to Tilt Foreclosure Scales Measures of mortgage distress continued to reach new eight to ten year lows during the third quarter of 2015. The Mortgage Bankers Association's (MBA's) National Delinquency Survey ... MND NewsWire - 11:24AM Only 1 in 3 Can Afford to Buy in Zip Codes With Good Schools Is the dream of a decent education gone for the children of middle-class Americans? A new study by RealtyTrac indicates that if you consider standardized test scores a realistic measure ... MBS MID-DAY: Strong Morning Potentially Beginning to Fade Post-European-Session Cash Sales Share Rose Slightly and Seasonally in August Credit Eased in October; No Initial TRID Impact on Timelines Appraisal News Across The Board; How Big is Blackstone? MBS Day Ahead: Fed Hints at Brave New World... Maybe Latest Video Household debt at highest level since 2010: NY Fed Home sales stall Most puzzling Fed factor: Baha More News from 'Around the Web' Federal Reserve - 3:13PM Federal Reserve Board announces plan to redistribute unclaimed funds under Independent Foreclosure Review Payment Agreement www.cfpbmonitor.com - 3:13PM CFPB continues to sharpen focus on small business lending Fannie Mae - 1:51PM Fannie Mae Continues Credit Risk Sharing Innovations, Leadership with Two Reinsurance Industry Transactions Calculated Risk Blog - 1:51PM Preliminary Table of Distressed Sales and All Cash Sales for Selected Cities in October www.cfpbmonitor.com - 1:51PM CFPB brings administrative action against online lender CNBC - 1:51PM Los Angeles housing takes a U-turn CNBC - 12:41PM Fed's Lockhart: 'Comfortable' with hiking 'soon' www.cfpbmonitor.com - 11:41AM Houses passes bill to nullify CFPB indirect auto finance guidance CNBC - 11:40AM New York Fed: Household debt at highest level since 2010 The Atlantic - 11:40AM Is Gentrification the Result of Rich People's Quest for Shorter Commutes? www.menendez.senate.gov - 11:31AM Menendez Wants Answers on Why Freddie Mac Failed to Meet Goals for Supporting Lending to Low-Income Homebuyers CNBC - 11:31AM Home sales stall in October Bloomberg - 10:45AM Money Managers Now Have a Record Proportion of Their Portfolio Dedicated to Corporate Bonds freddiemac.mwnewsroom.com - 10:43AM Mortgage Rates Largely Unchanged as Markets Digest Fed Minutes Market Watch - 9:45AM Fed's Mester says criteria for interest rate hike have been met CNBC - 9:44AM Dollar halts run higher after the Fed CNBC - 8:51AM US jobless claims, continuing claims decline CNBC - 8:51AM Fed's Mester: Policymakers not boxed in on rates Market Watch - 8:36AM Philly Fed survey shows activity improved in November after two negative readings CNBC - 8:36AM More ECB bond-buying just became a safer bet Today's Rates Best Execution Rate Change 30 Yr FRM 4.00% -0.02 15 Yr FRM 3.24% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.83% -0.02 5/1 Yr ARM 2.98% -0.02 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 3.97% 0.60 -0.01 15 Yr. Fixed 3.18% 0.50 -0.02 1 Yr. ARM 2.64% 0.30 -0.01 5/1 Yr. ARM 2.98% 0.50 -0.05 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 3.0 100.31 +0.20 30YR FNMA 3.5 103.45 +0.14 30YR GNMA 3.0 101.34 +0.11 30YR GNMA 3.5 104.09 +0.05 15YR FNMA 3.0 103.45 +0.06 15YR FNMA 2.5 101.23 +0.08 Treasuries Yield Change 2 YR 0.8921% +0.0124 5 YR 1.6691% -0.0148 10 YR 2.2447% -0.0281 30 YR 3.0055% -0.0384 Prices as of: 11/19/2015 4:30PM 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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