Daily Newsletter: Mortgage Rates Higher After Fed; Mortgage Delinquency Rate

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30 Year Fixed 3.39%   +0.01 15 Year Fixed 2.75%   +0.00 10YR Treasury 1.70%   +0.0499 FNMA 30YR 3.5 106.53   -0.05 FNMA 15YR 2.5 105.41   -0.03 View Today's Rates

Wednesday December 12, 2012 Mortgage Rate Watch - 4:09PM Mortgage Rates Move Higher Following Fed Announcement Mortgage rates are higher on average after today's monetary policy announcement from the Federal Reserve. Some lenders adjusted rates higher in the afternoon while others remain on ... MBS Commentary - 4:54PM MBS RECAP: Farewell To Calendar Verbiage In Fed Policy MBS Live : MBS Afternoon Market Summary Today's FOMC Announcement brought some interesting changes to way the Fed will be communicating monetary policy going forward. The most notable ... MND NewsWire - 5:37PM TransUnion sees Further Declines in Mortgage Delinquency Rate TransUnion , one of the nation's major credit reporting bureaus forecasted today that one of the primary consumer credit variables -- mortgage delinquency rates - will continue to decline ... MND NewsWire - 1:32PM FHFA's Cross Announces Retirement Stephen Cross , Deputy Director of the Division of Federal Home Loan Bank (FHLBank) Regulation of the Federal Housing Finance Agency (FHFA) will retire from his post In March. . Cross ... MND NewsWire - 9:18AM Mortgage Applications Increase in Wake of Record Low Rates Record lows in interest rates were accompanied by an increase in mortgage refinancing activity during the week ended December 7. The Mortgage Bankers Association reports that its Market ... Differences Between Current And Previous FOMC Announcements CFPB, California Courts Shut Down Two Foreclosure Scams IndyMac Back in the News; First Time Homebuyer Comments; Ocwen's Servicing Audit Not Stellar GSE Reform Could Have Dire Unintended Consequences for Renters House Democrats Push for Principal Reduction in Fiscal Cliff Negotiations FHFA's DeMarco to be Replaced Early Next Year: WSJ Latest Video Bernanke Answer Questions on the Economy Fed Pegs Decision to Unemployment Dimon Speaks Out on 'Fiscal Cliff' More News from 'Around the Web' www.freddiemac.com - 2:26PM Freddie Mac: Uniform Mortgage Servicing Dataset Overview www.corelogic.com - 2:09PM CoreLogic: Economic Impact of Residential Investment in the Post-Recession Housing Market Federal Reserve - 2:03PM Federal Reserve Board and Federal Open Market Committee release economic projections from the December 11-12 FOMC meeting Washington Post - 1:45PM Huge news out of the Federal Reserve WSJ - 2:02PM Home Builders Seen Tapping Public Market Boston Fed - 5:34PM Bank Deregulation and Racial Inequality in America CNBC - 1:28PM Best US Housing Markets for Buyers and Sellers CRL - 10:19AM Lending in America: Predatory Practices Persist Today's Comments MBS Live Chat - 4:36PM "well, atleast we had a few hours b4 the rp's hit...thanks to the live streams and update provided through MBS Live!..." MND NewsWire - 3:23PM "Let's see, we're at the cusp of a fiscal meltdown, with uncertainty on future tax hikes and government austerity measures, not to mention the debt ceiling debate (which hasn't even entered the discussion yet), and now we want to throw principal reductions into it as well? First and foremost, principal..." MBS Live Chat - 3:29PM ""Reduction in MBS Yields is not being passed through" - Bernanke..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.39% +0.01 15 Yr FRM 2.75% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.59% +0.01 5/1 Yr ARM 3.00% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.91% 0.89 -0.12 30 Yr. Fixed 3.62% 1.22 -0.14 MBA ** 30 Yr. Fixed 3.47% 0.36 -0.05 15 Yr. Fixed 2.85% 0.26 -0.01 30 Yr. Jumbo 3.77% 0.35 -0.02 30 Yr. FHA 3.32% 0.51 -0.02 5/1 ARM 2.63% 0.34 +0.01 Freddie Mac ** 30 Yr. Fixed 3.34% 0.70 +0.02 15 Yr. Fixed 2.67% 0.60 +0.03 1 Yr. ARM 2.55% 0.40 -0.01 5/1 Yr. ARM 2.69% 0.60 -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 3.0 104.73 -0.19 30YR FNMA 3.5 106.53 -0.05 30YR GNMA 3.0 106.19 -0.16 30YR GNMA 3.5 108.52 -0.05 15YR FNMA 3.0 105.41 -0.03 15YR FNMA 2.5 104.38 -0.06 Treasuries Yield Change 2 YR 0.2460% +0.0040 5 YR 0.6538% +0.0176 10 YR 1.7040% +0.0499 30 YR 2.8982% +0.0579 Prices as of: 12/12/2012 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

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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. © 2012 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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