Daily Newsletter: Mortgage Rates Significantly Higher; New Home Sales Languish; Price Gains Near Pre-Recession Peak

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30 Year Fixed 3.91%   +0.05 15 Year Fixed 3.16%   +0.04 10YR Treasury 2.27%   +0.1075 FNMA 30YR 3.5 103.72   -0.50 FNMA 15YR 2.5 103.63   -0.19 View Today's Rates

Tuesday December 23, 2014 Mortgage Rate Watch - 5:09PM Mortgage Rates Significantly Higher Mortgage rates moved decisively higher today, fueled primarily by the lack of market participation common to this holiday week. Light staffing levels don't always mean rates will rise ... MND NewsWire - 11:46AM New Home Sales Still Capped by Post-Meltdown Ceiling Sales of new homes fell in November, coming in 1.6 percent below sales the previous month. The U.S. Census Bureau and the Department of Housing and Urban Development said today that ... MND NewsWire - 11:37AM Home Prices Near Pre-Recession Peak, as Gains Slow Home prices nationally, which essentially flat-lined in September, appear to have resume a moderate rate of increase. The Federal Housing Finance Agency (FHFA) said on Tuesday that ... Pipeline Press - 10:34AM Rent Increase Estimates; Fannie, Freddie, and Ginnie Updates Let's talk about the $26 billion in equity gain in Colorado in 2014 - Rocky Mountain High! What are not gaining are the stock prices of non-bank servicers . At one point yesterday Ocwen ... MBS RECAP: The Kind of Holiday Session we Hope to Avoid; Bond Markets Pounded MBS MID-DAY: Bond Markets Pushed Weaker by Slippery Slope of Illiquidity Latest Video November new home sales drop 1.6% Santelli: Creating bubbles for future worry Q3 GDP (Rev) up 5.0% More News from 'Around the Web' WSJ - 4:13PM Construction Costs Rising as Economy Improves Bloomberg - 2:51PM Wells Fargo Sued by Credit Union Regulator Over Trustee Role - Bloomberg Market Watch - 1:50PM The Fed: No game-changers in data for Fed Bloomberg - 1:49PM Treasuries Fall as U.S. Auctions $35 Billion in Five-Year Notes - Bloomberg Calculated Risk Blog - 1:49PM Comments on New Home Sales WSJ - 11:49AM Inflation Reading Misses Fed's Target for 31st Straight Month Reuters - 11:48AM U.S. consumer sentiment rises to best since 2007 CNBC - 10:13AM New home sales fall in November Bloomberg - 10:13AM Consumer Spending Beats Forecast as U.S. Gasoline Prices Drop - Bloomberg freddiemac.mwnewsroom.com - 10:13AM Better Housing Fundamentals Helping More Markets Stabilize Federal Reserve - 10:12AM Federal Reserve Board announces appraisals for Higher-Priced Mortgage Loans exemption threshold adjustment Bloomberg - 8:39AM Durable Goods Orders in U.S. Unexpectedly Fell 0.7% in November - Bloomberg Bloomberg - 8:39AM Economy Grows by Most in a Decade on U.S. Consumer-Spending Gain - Bloomberg Bloomberg - 8:38AM German Bond Yields Approach Record Low Before Key Greek Ballot - Bloomberg Market Watch - 8:37AM Radian Group's stock rallies after asset assurance sale agreement Today's Rates Best Execution Rate Change 30 Yr FRM 3.91% +0.05 15 Yr FRM 3.16% +0.04 FHA 30 Year Fixed 3.45% +0.10 Jumbo 30 Year Fixed 3.80% +0.07 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 3.80% 0.60 -0.13 15 Yr. Fixed 3.09% 0.60 -0.11 1 Yr. ARM 2.38% 0.40 -0.02 5/1 Yr. ARM 2.95% 0.50 -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 3.0 100.52 -0.67 30YR FNMA 3.5 103.72 -0.50 30YR GNMA 3.0 101.67 -0.61 30YR GNMA 3.5 104.44 -0.39 15YR FNMA 3.0 103.63 -0.19 15YR FNMA 2.5 101.42 -0.28 Treasuries Yield Change 2 YR 0.7433% +0.0807 5 YR 1.7355% +0.0767 10 YR 2.2658% +0.1075 30 YR 2.8563% +0.1111 Prices as of: 12/23/2014 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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