Daily Newsletter: Marketplace Lenders: Fad or Future?; Mortgage Rate Warning

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30 Year Fixed 4.10%   +0.00 15 Year Fixed 3.30%   +0.00 10YR Treasury 2.24%   -0.0195 FNMA 30YR 3.5 102.95   +0.08 FNMA 15YR 2.5 102.89   -0.05 View Today's Rates

Thursday December 24, 2015 MND NewsWire - 11:50AM Marketplace Lenders - the Future or a Flash-in-the-Pan? Freddie Mac's Office of the Chief Economist takes an intensive look at marketplace lending in the December issue of its Insights and Outlook . A marketplace lender (ML) is a non-bank ... Pipeline Press - 11:45AM MI Still Deductible; Inclinations With Home Builders; Trends in Capital Markets As much of the nation reels from storms and their damage, and lenders review their disaster policies, there is one thing we don't have to worry about: changes in the status on MI tax ... Mortgage Rate Watch - 12:43PM Beware Today's Mortgage Rate Articles Almost any article you see today on mortgage rates will say the same thing: "rates are roughly unchanged from last week." Almost every article would be wrong , or at the very least ... MBS Commentary - 7:32AM MBS Day Ahead: Early Close and Big Picture Considerations It's hard to look at the ultra long term correlation between Fed Funds and mortgage rates and NOT be concerned about rates moving higher in 2016. After all, this is the reason that ... U.S. Renting Trends Helping LOs, Realtors, and Builders November New Home Gain Overshadowed by October Revision Latest Video Santelli: Yield curve 'polar express' Santelli Exchange: Buy high yield bonds? Jobless claims down 5K to 267,000 More News from 'Around the Web' Calculated Risk Blog - 1:17PM Black Knight's First Look at November Mortgage Data, "Fewer than 700,000 Active Foreclosures Remain" Bloomberg - 1:17PM Consumer Comfort in U.S. Rises to Highest in Almost Two Months - Bloomberg CNN - 12:07PM Selling a home in 2016? Here's what you need to know CNBC - 10:30AM What Sanders would do to the Fed www.federalregister.gov - 10:30AM 2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z); Correction Reuters - 9:22AM U.S. jobless claims fall again to near 42-year low CNBC - 9:17AM US Treasuries rise in light trade as oil prices bounce Bloomberg - 12:56AM What Little Difference a Year Makes in the U.S. Treasury Market Fannie Mae - 12:54AM Fannie Mae Releases November 2015 Monthly Summary Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.00 15 Yr FRM 3.30% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.93% +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% 0.45 +0.00 15 Yr. Fixed 3.39% 0.35 +0.00 30 Yr. Jumbo 4.01% 0.30 -0.01 30 Yr. FHA 3.90% 0.31 -0.01 5/1 ARM 3.25% 0.36 +0.02 Freddie Mac ** 30 Yr. Fixed 3.97% 0.60 +0.02 15 Yr. Fixed 3.22% 0.50 +0.03 1 Yr. ARM 2.67% 0.20 +0.03 5/1 Yr. ARM 3.03% 0.40 +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 99.83 +0.09 30YR FNMA 3.5 102.95 +0.08 30YR GNMA 3.0 101.19 +0.11 30YR GNMA 3.5 103.89 -0.05 15YR FNMA 3.0 102.89 -0.05 15YR FNMA 2.5 100.70 +0.05 Treasuries Yield Change 2 YR 1.0024% +0.0130 5 YR 1.7163% -0.0081 10 YR 2.2410% -0.0195 30 YR 2.9635% -0.0269 Prices as of: 12/24/2015 1:58PM 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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