Daily Newsletter: Mortgage Rates Slightly Higher; Existing Home Sales Slump 3.4 Percent; Credit Scoring Trends

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30 Year Fixed 4.01%   +0.01 15 Year Fixed 3.25%   +0.01 10YR Treasury 2.24%   -0.0193 FNMA 30YR 3.5 103.31   +0.02 FNMA 15YR 2.5 103.38   0.00 View Today's Rates

Monday November 23, 2015 Mortgage Rate Watch - 4:32PM Mortgage Rates Slightly Higher Mortgage rates rose today for most lenders, albeit modestly. In fact, several lenders were unchanged from Friday's latest levels with the rest seeing varying degrees of weakness. In ... MND NewsWire - 10:51AM Existing Home Sales Fall 3.4 Percent; Still Up Year-Over-Year Pending sales, which had declined in both September and October did indeed prove to be a leading indicator for existing home sales in October. The National Association of Realtors® ... Pipeline Press - 9:58AM Trends in Credit and Credit Scores in Residential Lending; Reporting Ransomware What is a huge concern of Fannie Mae and Freddie Mac? It isn't rates, or credit risk. It is having their business flow, and that of their client's, interrupted due to some type of cyberattack ... MBS Commentary - 9:37AM MBS Day Ahead: Jam-Packed With Data Destined to be Trumped by Holiday Dynamics Last Friday, I talked about some of the general bond market dynamics we tend to see around this time of year. It wouldn't be a bad idea to check that out if you missed it. Today's notes ... MBS MID-DAY: Sideways and Slightly Positive After Weak Overnight Session Growing Divide Between Renters and Owners Latest Video Santelli Exchange: Worries ahead of a December hike? What's behind October's disappointing home sales report? THIS hasn't happened since 2003: Santelli More News from 'Around the Web' www.cfpbmonitor.com - 4:50PM House passes bill to curb QM requirements Reuters - 4:50PM Fed's Yellen argues for interest rate caution in exchange with Nader CNBC - 3:37PM New mortgage rules: Like 'Y2K' panic Calculated Risk Blog - 3:37PM Comments on October Existing Home Sales Bloomberg - 12:05PM The Best Bond Trader Says It's Time to Buy Bank Debt freddiemac.mwnewsroom.com - 10:53AM Freddie Mac November 2015 Insight & Outlook Market Watch - 10:53AM Bond Report: Short-term Treasury yields hit new 5-year highs as market braces for rate hike Reuters - 9:41AM Fed's Tarullo says worried about too-low inflation Bloomberg - 9:38AM Is It Time for Yellen to Establish Some Independence? Calculated Risk Blog - 9:38AM Chicago Fed: "Index shows economic growth improved in October" Calculated Risk Blog - 8:20AM Goldman Sachs: Expect FOMC to Raise Fed Funds Rate 100bp in 2016 CNBC - 8:17AM Will the Fed 'shock' housing with rate hike? www.freddiemac.com - 8:15AM Build Your Credit in Six Easy Steps www.realtor.com - 8:15AM When Is Housing's Black Friday? Some Surprising Holiday Home-Buying Trends Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% +0.01 15 Yr FRM 3.25% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.84% +0.01 5/1 Yr ARM 2.99% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.46% 1.21 +0.00 30 Yr. Fixed 4.17% 1.42 -0.03 MBA ** 30 Yr. Fixed 4.12% 0.45 +0.11 15 Yr. Fixed 3.35% 0.35 +0.11 30 Yr. Jumbo 4.04% 0.38 +0.14 30 Yr. FHA 3.87% 0.25 +0.06 5/1 ARM 3.22% 0.28 +0.10 Freddie Mac ** 30 Yr. Fixed 3.97% 0.60 -0.01 15 Yr. Fixed 3.18% 0.50 -0.02 1 Yr. ARM 2.64% 0.30 -0.01 5/1 Yr. ARM 2.98% 0.50 -0.05 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 3.0 100.17 +0.03 30YR FNMA 3.5 103.31 +0.02 30YR GNMA 3.0 101.22 -0.14 30YR GNMA 3.5 103.94 +0.03 15YR FNMA 3.0 103.38 0.00 15YR FNMA 2.5 101.13 -0.02 Treasuries Yield Change 2 YR 0.9256% +0.0084 5 YR 1.6764% -0.0132 10 YR 2.2447% -0.0193 30 YR 3.0000% -0.0215 Prices as of: 11/23/2015 4:32PM 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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