Daily Newsletter: Rates Break Thanksgiving Tradition; New Loan Limits; Prices Defying Expectations; Apps Decline

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30 Year Fixed 4.00%   -0.01 15 Year Fixed 3.25%   +0.00 10YR Treasury 2.23%   -0.0053 FNMA 30YR 3.5 103.38   0.00 FNMA 15YR 2.5 103.39   -0.02 View Today's Rates

Wednesday November 25, 2015 Mortgage Rate Watch - 5:12PM Mortgage Rates Break Thanksgiving Tradition Mortgage rates broke from tradition today by maintaining an almost perfectly flat trajectory leading up to Thanksgiving. This time of year is typically marked by lighter participation ... MND NewsWire - 1:15PM FHFA Announces 2016 Loan Limit Changes In short, the general loan limits remain unchanged from 2015's levels, but several high-cost county limits have been increased . As a reminder, Fannie Mae has a useful Loan Limit Look ... MND NewsWire - 10:51AM Home Prices Continue Defying Gravity and Expectations Price increases did not slow in the third quarter as expected the Federal Housing Finance Agency (FHFA) said today. The agencies purchase-only seasonally adjusted House Price Index ... MND NewsWire - 8:51AM Mortgage Apps Decline as Rates Remain Elevated Mortgage applications were a bit of a mixed bag during the week ended November 20, a week in a hammock strung between two holidays. The Mortgage Bankers Association said its Market ... MBS MID-DAY: Bond Markets Super Sideways, Unfazed by Data and Events New Home Sales Buoyed by 135 Percent Gain in New England IT Risk Management; Quicken's Rocket; How Much is a Tiny House in Pittsburgh? MBS Day Ahead: In Some Ways, The Last Day of The Month Latest Video New home sales numbers lighter than expected December rate hike still on the table: Economist Santelli: Negative rates in Europe More News from 'Around the Web' Calculated Risk Blog - 3:54PM Comments on October New Home Sales Reuters - 3:44PM Pimco, others sue Citigroup over billions in mortgage debt losses Market Watch - 1:04PM In One Chart: Junk-bond yields are soaring — and the Fed hasn't raised rates yet CNBC - 1:04PM Banking's future all about the apps www.realtor.com - 1:04PM October New-Home Sales Look to Rebound, but Don't Celebrate Yet Federal Reserve - 1:01PM Agencies announce threshold for smaller loan exemption from appraisal requirements for higher-priced mortgage loans CNBC - 10:54AM New home sales rise less than expected for October freddiemac.mwnewsroom.com - 10:53AM Mortgage Rates Ease freddiemac.mwnewsroom.com - 10:53AM U.S. Housing Market Recovery Inches Forward Reuters - 9:53AM U.S. business spending gauge surges, durable goods orders soar Market Watch - 9:52AM Euro falls on report ECB considers broadening out QE bond buys Reuters - 9:52AM U.S. consumer spending slowing, but business investment poised to rise www.realtor.com - 8:10AM More Young Adults Live With Their Parents Now Than During the Recession CNBC - 8:05AM Why markets are still not ready for the Fed to hike Bloomberg - 8:05AM Fidelity's Brown: ECB to Cut in Early December Bloomberg - 8:05AM U.S. Curve Narrows as BlackRock Adds to View Bonds Ready for Fed CNBC - 7:59AM Treasurys climb as geopolitics spark safe-haven buying Today's Rates Best Execution Rate Change 30 Yr FRM 4.00% -0.01 15 Yr FRM 3.25% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.84% +0.00 5/1 Yr ARM 3.00% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.14% 0.49 -0.04 15 Yr. Fixed 3.39% 0.43 -0.01 30 Yr. Jumbo 3.99% 0.30 -0.06 30 Yr. FHA 3.87% 0.49 -0.03 5/1 ARM 3.19% 0.38 +0.01 Freddie Mac ** 30 Yr. Fixed 3.95% 0.70 -0.02 15 Yr. Fixed 3.18% 0.60 +0.00 1 Yr. ARM 2.59% 0.30 -0.05 5/1 Yr. ARM 3.01% 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 3.0 100.25 0.00 30YR FNMA 3.5 103.38 0.00 30YR GNMA 3.0 101.27 +0.05 30YR GNMA 3.5 104.00 0.00 15YR FNMA 3.0 103.39 -0.02 15YR FNMA 2.5 101.17 +0.02 Treasuries Yield Change 2 YR 0.9343% +0.0040 5 YR 1.6691% +0.0042 10 YR 2.2324% -0.0053 30 YR 2.9944% -0.0087 Prices as of: 11/25/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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