Daily Newsletter: Big Accusations Levied at 'Big Banks'; Consumers Bearish on Selling; Rates Improve

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30 Year Fixed 3.98%   -0.05 15 Year Fixed 3.23%   -0.02 10YR Treasury 2.24%   -0.0371 FNMA 30YR 3.5 103.50   +0.17 FNMA 15YR 2.5 103.50   +0.09 View Today's Rates

Monday December 7, 2015 MND NewsWire - 7:36PM Objective Recap of Accusations Levied at 'Big Banks' and MBA The New York Times has fired the first salvo in what already looks like a battle of words between it and the mortgage finance industry with the Mortgage Bankers Association (MBA) leading ... MND NewsWire - 6:57PM Consumers go Bearish again on Home Selling The latest Home Purchase Sentiment Index (HPSI) remained at an elevated level Fannie Mae said today, but internal data within the index does not bode well for housing inventories. The ... Mortgage Rate Watch - 5:01PM Mortgage Rates Erase More of Last Week's Spike Mortgage rates continued lower at a decent pace today, further eroding the big move higher seen last Thursday. While the average lender isn't quite back to where they were before the ... MND NewsWire - 10:53AM High LTV Conforming Loans not Threatening FHA The government sponsored enterprises'' (GSE's) introduction of 97 percent loan-to-value (LTV) mortgages, implemented by Fannie Mae' in late 2014 and by Freddie Mac in the spring of ... MBS RECAP: Solid Gains as Oil and Stocks Slide MBS MID-DAY: Bonds Continue Distancing Themselves From Thursday Servicing Transfer Trends; Investor's View of CD & LE Potential Defect MBS Day Ahead: Limited Data as bonds Wait for FOMC Latest Video Cashin: 'One of the weirdest days in 50 years of trading' Is the bond market signaling trouble ahead? 10-year slowly moves higher: Economist More News from 'Around the Web' Calculated Risk Blog - 5:10PM Phoenix Real Estate in November: Sales up 6%, Inventory down 9% Bloomberg - 5:08PM Pimco Names Bernanke, Brown, Trichet to Global Advisory Board Market Watch - 1:32PM Capitol Report: Big banks may have Fannie, Freddie in their sights, report says CNBC - 1:32PM Is bond market signaling doom? CNBC - 1:32PM This trend is rocking real estate www.wellsfargo.com - 10:56AM Wells Fargo survey: 2015 gains in small business optimism erased freddiemac.mwnewsroom.com - 9:59AM Freddie Mac Makes Publicly Available Single-Family Loan-Level Data on All Fixed-Rate Mortgages www.nytimes.com - 9:12AM A Revolving Door Helps Big Banks' Quiet Campaign to Muscle Out Fannie and Freddie www.freddiemac.com - 8:54AM It's About the Buildings and the Tenants Calculated Risk Blog - 8:53AM Black Knight October Mortgage Monitor Reuters - 2:38AM Fed's Yellen faces battle in 2016 after getting all clear for December hike Bloomberg - 2:35AM This Investor Scoops Up Treasuries in Bet Fed Move Is Priced In Today's Rates Best Execution Rate Change 30 Yr FRM 3.98% -0.05 15 Yr FRM 3.23% -0.02 FHA 30 Year Fixed 3.68% -0.04 Jumbo 30 Year Fixed 3.81% -0.04 5/1 Yr ARM 2.97% -0.01 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 3.93% 0.60 -0.02 15 Yr. Fixed 3.16% 0.50 -0.02 1 Yr. ARM 2.61% 0.30 +0.02 5/1 Yr. ARM 2.99% 0.50 -0.02 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 3.0 100.33 +0.20 30YR FNMA 3.5 103.50 +0.17 30YR GNMA 3.0 101.59 +0.14 30YR GNMA 3.5 104.36 +0.16 15YR FNMA 3.0 103.50 +0.09 15YR FNMA 2.5 101.28 +0.16 Treasuries Yield Change 2 YR 0.9349% -0.0119 5 YR 1.6792% -0.0279 10 YR 2.2358% -0.0371 30 YR 2.9651% -0.0468 Prices as of: 12/7/2015 4:27PM 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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