Daily Newsletter: Rates Drop After Inflation Data and Fed; Realtors Raise Alarm on Tax Bill; Fannie/Freddie Evictions Pause

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30 Year Fixed 3.97%   -0.03 15 Year Fixed 3.31%   -0.03 10YR Treasury 2.35%   -0.0554 FNMA 30YR 3.5 102.81   +0.33 FNMA 15YR 2.5 102.11   +0.23 View Today's Rates

Wednesday December 13, 2017 Mortgage Rate Watch - 4:57PM Mortgage Rates Quickly Lower After Inflation Data and Fed Mortgage rates fell fairly quickly this afternoon following the Federal Reserves updated economic projections. While it is indeed true that the Fed "raised rates" this afternoon, there ... MND NewsWire - 1:04PM Realtors Raise Last-Minute Red Flags Over Tax Bill Realtors are expressing concern over three measures that exist in either the House or the Senate versions of the Republican tax cut bill and have sent a letter to Orrin Hatch (R-UT ... MND NewsWire - 9:49AM Fannie and Freddie Will Wait Until Jan 2nd to Evict You Both Freddie Mac and Fannie Mae announced this week that evictions from foreclosed single-family and two-to-four-unit properties owned by the GSEs will be suspended during the holiday ... MBS Commentary - 2:02PM Differences Between Previous and Current FOMC Statements Information received since the Federal Open Market Committee met in September November indicates that the labor market has continued to strengthen and that economic activity has been ... MBS RECAP: Bonds Cheer Weak Inflation Data and Fed Forecasts Lender/Appraiser Product; Investor Disaster Updates; Movement's Penalty For Purchase Applications, This December is Better Than The Last MBS Day Ahead: Bonds Navigate Dual Landmines in CPI and Fed Dots Latest Video Jeffrey Gundlach: The Fed is 'clearly' going to hike rates Yellen: Federal Reserve is not seriously considering a digital currency at this time Santelli Exchange: Which inflation metrics are 'core-rect?' More News from 'Around the Web' CNBC - 5:21PM Yellen says high stock market value does not mean it's overvalued Reuters - 3:51PM Fed raises interest rates, keeps 2018 policy outlook unchanged www.realtor.com - 3:49PM Biggest Housing Stories 2017: The News That Rocked the Real Estate World CNBC - 3:44PM Bill Gross: Fed can only hike so much before it 'really starts to bite' housing CNBC - 2:02PM Fed hikes rates by a quarter point CNBC - 12:01PM House, Senate leaders reach tentative deal on sweeping tax package: AP, citing sources Calculated Risk Blog - 11:25AM Key Measures Show Inflation Mostly Below Fed's Target CNBC - 11:06AM What to expect in Yellen's swan song: 'She's not a showboater' eyeonhousing.org - 9:54AM State Economies Contribute to Nationwide GDP Growth in Q2 of 2017 Reuters - 9:17AM U.S. consumer prices increase, but core CPI moderates eyeonhousing.org - 8:02AM Record-Setting Pace of Price Increases Continues CNBC - 8:01AM ECB set to lift its growth outlook as massive bond-buying slowly winds down Today's Rates Best Execution Rate Change 30 Yr FRM 3.97% -0.03 15 Yr FRM 3.31% -0.03 FHA 30 Year Fixed 3.60% +0.00 Jumbo 30 Year Fixed 4.13% -0.03 5/1 Yr ARM 3.19% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.22 -0.02 30 Yr. Fixed 4.14% 1.32 -0.01 MBA ** 30 Yr. Fixed 4.06% 0.38 -0.05 15 Yr. Fixed 3.34% 0.38 -0.02 30 Yr. Jumbo 3.96% 0.20 -0.04 30 Yr. FHA 3.98% 0.35 -0.04 5/1 ARM 3.14% 0.31 -0.12 Freddie Mac ** 30 Yr. Fixed 3.94% 0.50 +0.04 15 Yr. Fixed 3.36% 0.50 +0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.35% 0.30 +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 3.0 100.11 +0.39 30YR FNMA 3.5 102.81 +0.33 30YR GNMA 3.0 101.11 +0.41 30YR GNMA 3.5 103.70 +0.30 15YR FNMA 3.0 102.11 +0.23 15YR FNMA 2.5 100.09 +0.27 Treasuries Yield Change 2 YR 1.7784% -0.0528 5 YR 2.1083% -0.0635 10 YR 2.3475% -0.0554 30 YR 2.7300% -0.0446 Prices as of: 12/13/2017 5:06PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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