Daily Newsletter: Best Day for Mortgage Rates in Well Over a Month. Why?; Home Price Gains Accelerated in October

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30 Year Fixed 3.95%   -0.05 15 Year Fixed 3.21%   -0.04 10YR Treasury 2.15%   -0.0612 FNMA 30YR 3.5 103.88   +0.28 FNMA 15YR 2.5 103.69   +0.14 View Today's Rates

Tuesday December 1, 2015 Mortgage Rate Watch - 4:24PM Best Day for Mortgage Rates in Well Over a Month Mortgage rates had their best day in over a month today. It was also the first day with any legitimate movement in nearly three weeks. Over that time, rates have been sideways to slightly ... MND NewsWire - 2:50PM Construction Spending up Big Year-Over-Year Both overall construction spending and spending for residential purposes in October was little changed from September according to data released by the Census Bureau on Tuesday. Spending ... MND NewsWire - 10:25AM Home Price Gains Accelerated in October Home price appreciation, which had decelerated somewhat in September, regained momentum in October. CoreLogic's Home Price Index (HPI) dropped back to a 6.3 percent annual increase ... MBS Commentary - 1:56PM MBS MID-DAY: Biggest Rally in 2 Months. Why? Bond markets are in the midst of their best day of trading since October 2nd. For perspective, that says less about how strong things are today and more about how weak the past 2 months ... Millennials in The Workplace; Fed Student Debt Study; China to Issue MBS MBS Day Ahead: New Month, New Trend? Reasons to be Cautious Latest Video The Fed's 'sweet spot' jobs number Fed's Evans favors later liftoff date Santelli Exchange: How raising rates is like melting ice cream More News from 'Around the Web' www.builderonline.com - 2:48PM How Long Does a First-Time Buyer Have to Save for the Down Payment on Their Dream Home? Bloomberg - 12:51PM Yellen to Peer Past December Rate Hike and Stress Gradual Pace CNBC - 12:50PM Evans favors later Fed hike CNBC - 10:41AM Wells Fargo CEO John Stumpf: US economy doing well CNBC - 10:41AM The era of higher returns on bonds may be over Reuters - 10:41AM U.S. construction spending rises solidly to near eight-year high Bloomberg - 10:29AM Dimon Says JPMorgan Is Planning Service With Peer-To-Peer Lender Reuters - 10:29AM For third consecutive quarter, U.S. CEOs cautious on economy: poll CNBC - 10:04AM US ISM manufacturing at 48.6 in Nov vs 50.5 expected Realtor.Org - 9:59AM How FHA is Helping Buyers Obtain Condo Financing Market Watch - 9:27AM Fed officials clammed up once transcripts were released, study finds CNBC - 7:44AM Fed to hike once per quarter: Goldman CNBC - 7:43AM Soft manufacturing data won't sway the Fed www.realtor.com - 7:40AM The Hottest U.S. Markets in November 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% -0.05 15 Yr FRM 3.21% -0.04 FHA 30 Year Fixed 3.70% -0.05 Jumbo 30 Year Fixed 3.80% -0.05 5/1 Yr ARM 2.97% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.14% 0.49 -0.04 15 Yr. Fixed 3.39% 0.43 -0.01 30 Yr. Jumbo 3.99% 0.30 -0.06 30 Yr. FHA 3.87% 0.49 -0.03 5/1 ARM 3.19% 0.38 +0.01 Freddie Mac ** 30 Yr. Fixed 3.95% 0.70 -0.02 15 Yr. Fixed 3.18% 0.60 +0.00 1 Yr. ARM 2.59% 0.30 -0.05 5/1 Yr. ARM 3.01% 0.50 +0.03 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 3.0 100.80 +0.31 30YR FNMA 3.5 103.88 +0.28 30YR GNMA 3.0 101.91 +0.30 30YR GNMA 3.5 104.56 +0.23 15YR FNMA 3.0 103.69 +0.14 15YR FNMA 2.5 101.56 +0.23 Treasuries Yield Change 2 YR 0.9106% -0.0238 5 YR 1.5923% -0.0540 10 YR 2.1466% -0.0612 30 YR 2.9050% -0.0696 Prices as of: 12/1/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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