Daily Newsletter: Mortgage Rates Snap 7-Day Streak; Private Construction Near 6-Year Highs; 9 States at Record Home Price Levels

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30 Year Fixed 3.91%   +0.04 15 Year Fixed 3.12%   +0.02 10YR Treasury 2.29%   +0.0582 FNMA 30YR 3.5 103.84   -0.20 FNMA 15YR 2.5 103.89   -0.19 View Today's Rates

Tuesday December 2, 2014 Mortgage Rate Watch - 4:07PM Mortgage Rates Snap 7-Day Streak; More Volatility Ahead Mortgage rates finally ended a 7-day winning streak today, moving higher for the first time since November 19th. The losses were not insignificant either, erasing the past 4 days of ... MND NewsWire - 12:28PM Private Construction Little-Changed Near 6-Year Highs Total construction expenditures nationwide in October are estimated to have been at a seasonally adjusted annual rate of $971.0 billion. The Census Bureau said that this represented ... MND NewsWire - 10:37AM Nine States now at Record Home Price Levels Half of the nation's states and the District of Columbia are now at or within 10 percent of the peak reached before the housing crisis brought home prices crashing down. In addition ... MBS Commentary - 12:53PM MBS MID-DAY: Another Day, Another Smackdown From Corporate Debt Issuance The easiest way to facilitate a mid-day update today will be to simply copy and paste a morning update from MBS Live . Before I do that, and because I know the following content isn ... MBS Day Ahead: Light Calendar Means Markets Might Tell Clearer Story CoreLogic: Could Lower Energy Prices Stimulate Housing Demand? Latest Video Pro: Housing buying opportunities Futures Now: Yields move higher October construction spending up 1.1% More News from 'Around the Web' WSJ - 5:13PM Another Look at the Drop in Discretionary Spending Bloomberg - 5:13PM Fed Officials Stress Data Over Dates as Rate Rise Case Builds - Bloomberg Fannie Mae - 5:12PM News Release - Fannie Mae's Multifamily Mortgage Business ... CNN - 3:56PM Your tax breaks in limbo as Washington quarrels CNN - 3:53PM Hiring should pick up in 2015 CNBC - 2:46PM HFT paper stirs up Wall Street Reuters - 12:40PM Investors most bullish on Treasuries since April: J.P. Morgan WSJ - 12:33PM Fed's Brainard Sees Need to Tailor Regulations to Size of Institution Bloomberg - 12:06PM Fischer Says Fed Nearing End of 'Considerable Time' Rate Pledge - Bloomberg Reuters - 10:19AM U.S. construction spending posts biggest gain in five months Market Watch - 8:48AM 27 states on track to hit or pass bubble-era home-price peaks soon Bloomberg - 8:47AM German Bonds Drop With France's as Investors Await ECB Meeting - Bloomberg www.gallup.com - 8:45AM U.S. Economic Confidence Index at 17-Month High Today's Rates Best Execution Rate Change 30 Yr FRM 3.91% +0.04 15 Yr FRM 3.12% +0.02 FHA 30 Year Fixed 3.35% +0.10 Jumbo 30 Year Fixed 3.75% +0.05 5/1 Yr ARM 3.22% -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 3.0 100.56 -0.31 30YR FNMA 3.5 103.84 -0.20 30YR GNMA 3.0 102.05 -0.31 30YR GNMA 3.5 104.61 -0.16 15YR FNMA 3.0 103.89 -0.19 15YR FNMA 2.5 101.69 -0.25 Treasuries Yield Change 2 YR 0.5395% +0.0356 5 YR 1.5948% +0.0589 10 YR 2.2941% +0.0582 30 YR 3.0127% +0.0491 Prices as of: 12/2/2014 4:30PM 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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