Daily Newsletter: Mortgage Rates Close to a Major Milestone; Senate Extends VA Foreclosure Protection; Robo-Collection Lawsuit; Oil, Oil, and Oil!

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30 Year Fixed 3.87%   +0.00 15 Year Fixed 3.12%   -0.01 10YR Treasury 2.09%   -0.0873 FNMA 30YR 3.5 104.36   +0.28 FNMA 15YR 2.5 104.20   +0.27 View Today's Rates

Friday December 12, 2014 Mortgage Rate Watch - 4:16PM Mortgage Rates Close to a Major Milestone Mortgage rates improved again today rounding out an entire week of gains. They're nothing to shake a stick at, either. Although the most prevalently-quoted 30yr fixed rate for top tier ... MND NewsWire - 5:19PM Senate Extends Foreclosure Protection for Military; House Approval still Required Amid the wrangling over the budget and the CIA report the Senate did manage to extend some extra foreclosure protections for military service members who have recently returned from ... MND NewsWire - 5:24PM Robo-Call Debt Collection Practices under Fire Bank of America was hit this week with another civil penalty , this time for making what are termed excessive and harassing mortgage debt collection calls. A federal court judge has ... MBS Commentary - 12:51PM MBS MID-DAY: More Fuel For the Rally, and Not Just Oil It's impossible to get away from oil headlines today. They're everywhere. Even smart people are succumbing to the temptation of oversimplifying the current state of financial markets ... Wells Fargo Addresses RESPA-TILA; Reverse Mortgage Changes; NMLS Numbers on Lenders MBS Day Ahead: Risk-on, Risk-off: One Trading Rule Every Market Latest Video 10-year Note yield: 2.132% Santelli: 3 numbers to memorize Oil colliding with slowing global growth story More News from 'Around the Web' WSJ - 4:54PM Fed's Stanley Fischer Discusses Big-Bank Political Influence Market Watch - 2:38PM Foreclosure help for troops to be permanent Calculated Risk Blog - 2:38PM Merrill and Nomura: FOMC Preview CNN - 1:47PM What Wall Street won from Congress in budget deal Bloomberg - 1:40PM Bill Gross: The Fed Should Keep Rate Expectations Low - Bloomberg Market Watch - 11:58AM Fed's Kocherlakota will step down in 2016 Reuters - 11:58AM U.S. Senate appears set to pass spending bill, timing uncertain CNBC - 10:32AM Would deflation really be that bad? Calculated Risk Blog - 10:25AM Preliminary December Consumer Sentiment increases to 93.8 CNBC - 8:54AM US Producer Price Index down 0.2% in Nov vs. down 0.1% expected Calculated Risk Blog - 8:51AM Sacramento Housing in November: Total Sales down 6% Year-over-year, Active Inventory increased 37% Today's Comments Mortgage Rate Watch - 12:28PM "It always seems like its a good time to buy when others aren't...." Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% +0.00 15 Yr FRM 3.12% -0.01 FHA 30 Year Fixed 3.35% +0.00 Jumbo 30 Year Fixed 3.70% -0.01 5/1 Yr ARM 3.23% +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 3.93% 0.50 +0.04 15 Yr. Fixed 3.20% 0.50 +0.10 1 Yr. ARM 2.40% 0.40 -0.01 5/1 Yr. ARM 2.98% 0.50 +0.04 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 3.0 101.31 +0.42 30YR FNMA 3.5 104.36 +0.28 30YR GNMA 3.0 102.89 +0.38 30YR GNMA 3.5 105.13 +0.27 15YR FNMA 3.0 104.20 +0.27 15YR FNMA 2.5 102.13 +0.39 Treasuries Yield Change 2 YR 0.5481% -0.0599 5 YR 1.5147% -0.0871 10 YR 2.0852% -0.0873 30 YR 2.7394% -0.0736 Prices as of: 12/12/2014 4:29PM 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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