Daily Newsletter: Consumers Still Seeing a Buyer's Market; GSEs Detail new Low Down-Payment Programs; FHA Loan Limits; Mortgage Rates Improve

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30 Year Fixed 3.91%   -0.03 15 Year Fixed 3.15%   -0.03 10YR Treasury 2.26%   -0.0478 FNMA 30YR 3.5 104.06   +0.33 FNMA 15YR 2.5 103.81   +0.16 View Today's Rates

Monday December 8, 2014 MND NewsWire - 1:35PM Consumers Still Seeing a Buyer's Market -Survey After closing to its narrowest margin in survey history in October the gulf between people who think the current market it a good one for buyers and/or good for sellers widened appreciably ... MND NewsWire - 1:27PM GSEs Detail new Low Down Payment Offerings The two government sponsored enterprises (GSEs) announced details today of their respective new low downpayment conventional mortgage loans. Each will permit loans with as high as a ... Pipeline Press - 10:57AM FHA's Loan Limits; Lender uUpdates; MBS and Non-Performing Supply/Demand Folks who have all their retirement money tied up in Ocwen shares hope that they don't go the way of Lehman Brothers, PNC, Countrywide, WAMU, and so on. But the shares did take a big ... Mortgage Rate Watch - 4:33PM Mortgage Rates Make Good on Hints of Resilience Mortgage rates improved to begin the new week--a welcome development considering last week ended with a strong jobs report and a moderate move higher for rates. Despite that move, we ... MBS MID-DAY: Bond Markets get Another Lift from Europe; Oil/Equities Much-Discussed, but Scarcely Relevant MBS Week Ahead: Slower Week for Economic Data as Rates Look for Support Latest Video BlackRock's interest rate forecast Fed's Lockhart stands by mid-2015 hike projection Better total return: Stocks or homes? More News from 'Around the Web' Calculated Risk Blog - 4:14PM FNC: More Long Term Home Owners selling in 2014 CNBC - 3:17PM Where to put your cash? A house or a stock Bloomberg - 3:16PM Banks' U.S. Debt Holdings Top $2 Trillion as Treasuries Rally - Bloomberg www.freddiemac.com - 2:35PM 3% Down: Your Top Questions Answered Fannie Mae - 12:51PM Desktop Originator/Desktop Underwriter Release Notes DU Version 9.2 (UPDATED for 97LTV) Fannie Mae - 12:49PM Expanded LTV, CLTV, and HCLTV Ratios for Purchase and Limited Cash-out Refinances CNBC - 12:28PM Low down payment mortgages are back freddiemac.mwnewsroom.com - 12:15PM Freddie Mac Home Possible Advantage(SM) Mortgage Makes Home Financing With a 3 Percent Downpayment Possible FHFA - 12:11PM Statement of FHFA Director Melvin L. Watt on Release of Guidelines for Purchase of Low Down Payment Mortgages Reuters - 10:45AM U.S. economy to grow, inflation to slow: Chicago Fed survey Fannie Mae - 10:41AM News Release - National Housing Survey Results Mirror ... CNBC - 8:48AM Rate rises spark 'massive volatility' warnings Bloomberg - 8:40AM Italian Government Bonds Drop With Spain's After S&P Downgrade - Bloomberg Bloomberg - 8:37AM San Francisco Debates Eminent Domain for Mortgages: Muni Credit - Bloomberg Reuters - 8:37AM Homeowners, Wells Fargo head to trial over mortgage fees Today's Rates Best Execution Rate Change 30 Yr FRM 3.91% -0.03 15 Yr FRM 3.15% -0.03 FHA 30 Year Fixed 3.40% -0.10 Jumbo 30 Year Fixed 3.75% -0.04 5/1 Yr ARM 3.23% -0.02 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 3.89% 0.50 -0.08 15 Yr. Fixed 3.10% 0.50 -0.07 1 Yr. ARM 2.41% 0.40 -0.03 5/1 Yr. ARM 2.94% 0.50 -0.07 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 3.0 100.75 +0.30 30YR FNMA 3.5 104.06 +0.33 30YR GNMA 3.0 102.14 +0.23 30YR GNMA 3.5 104.69 +0.22 15YR FNMA 3.0 103.81 +0.16 15YR FNMA 2.5 101.53 +0.16 Treasuries Yield Change 2 YR 0.6355% -0.0078 5 YR 1.6675% -0.0132 10 YR 2.2587% -0.0478 30 YR 2.9057% -0.0602 Prices as of: 12/8/2014 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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