Daily Newsletter: Some Foreclosed Owners can now Repurchase Homes at Market Value; Rates Match 1.5-Year Lows; Mortgage Applications Slide; Record High Median New Home Prices

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30 Year Fixed 3.89%   -0.03 15 Year Fixed 3.11%   -0.01 10YR Treasury 2.25%   -0.0141 FNMA 30YR 3.5 103.97   +0.03 FNMA 15YR 2.5 104.03   +0.02 View Today's Rates

Wednesday November 26, 2014 MND NewsWire - 12:22PM FHFA Will Allow Some Foreclosed Owners to Repurchase Homes at Market Value In what could be a controversial move the Federal Housing Finance Agency (FHFA) has directed the government sponsored enterprises (GSEs) to allow foreclosed homeowners to repurchase ... Mortgage Rate Watch - 2:47PM Mortgage Rates Right in Line with 1.5-Year Lows Mortgage rates moved lower again today , solidifying yesterday's tentative break back into the "high 3's" for top tier 30yr fixed rates. In fact, in terms of end-of-day rate sheet data ... MND NewsWire - 8:54AM Mortgage Applications Slide Despite Falling Rates Mortgage application volume was mixed during the week ended November 21. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of the volume of ... MND NewsWire - 12:18PM Record High Median Prices amid Tepid New Home Sales Sales of newly constructed single family homes rose slightly in October compared to September and were also improved from sales a year earlier. The U.S. Census Bureau and the Department ... Pending Home Sales Fall in October, but Maintain Annual Gain MBS MID-DAY: Modest Gains and an Unofficial Early Close Fed TILA-RESPA Webinar Site; FHA 4bp Fee Fight Heats up; Total Mortgage Volume Figures MBS Day Ahead: Technical Breakout Meets Data Deluge; Hoping For The Best Latest Video Pending home sales slightly down from September Key October housing data Santelli: Wild sessions give valuable information More News from 'Around the Web' Reuters - 3:43PM Yellen's 'optimal' model calls for rate hike this year, in theory CNBC - 2:06PM Mass exodus from bond funds isn't likely WSJ - 12:44PM New York Fed Declares Household Deleveraging Over Market Watch - 12:10PM Seven-year yields rise after auction sees average demand Bloomberg - 12:10PM High-Grade Bond Issuance Surges to Record $1.15 Trillion - Bloomberg Bloomberg - 10:35AM BofA Mortgage Ruling Helps Seal $16.7 Billion Accord - Bloomberg freddiemac.mwnewsroom.com - 10:35AM Nearly Half of All States and Half of the Top 50 Metro Housing Markets Now Showing Positive Momentum Reuters - 10:35AM U.S. new home sales rise in October, but September revised down CNBC - 10:35AM Pending home sales fell 1.1% in October CNBC - 8:46AM Personal income up less than expected Bloomberg - 8:37AM Jobless Claims in U.S. Increase to Almost Three-Month High - Bloomberg Bloomberg - 8:37AM Orders for U.S. Business Equipment Unexpectedly Fell in October - Bloomberg CNBC - 12:18AM Will China's property market unravel in 2015? Calculated Risk Blog - 12:18AM Wednesday: New Home Sales, Personal Income, Durable Goods, Unemployment Claims, Pending Home sales Today's Rates Best Execution Rate Change 30 Yr FRM 3.89% -0.03 15 Yr FRM 3.11% -0.01 FHA 30 Year Fixed 3.38% -0.02 Jumbo 30 Year Fixed 3.73% -0.03 5/1 Yr ARM 3.24% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.97% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 +0.00 1 Yr. ARM 2.44% 0.40 +0.00 5/1 Yr. ARM 3.01% 0.50 +0.00 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 3.0 100.78 +0.08 30YR FNMA 3.5 103.97 +0.03 30YR GNMA 3.0 102.16 -0.02 30YR GNMA 3.5 104.72 -0.05 15YR FNMA 3.0 104.03 +0.02 15YR FNMA 2.5 101.84 +0.02 Treasuries Yield Change 2 YR 0.5197% +0.0000 5 YR 1.5587% -0.0123 10 YR 2.2464% -0.0141 30 YR 2.9550% -0.0118 Prices as of: 11/26/2014 4:00PM 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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