Daily Newsletter: Mortgage Rates Edge Up to 5-Month Highs; Home Prices Continue Defying Odds

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30 Year Fixed 4.11%   +0.02 15 Year Fixed 3.30%   +0.01 10YR Treasury 2.31%   +0.0782 FNMA 30YR 3.5 102.78   -0.28 FNMA 15YR 2.5 102.77   -0.19 View Today's Rates

Tuesday December 29, 2015 Mortgage Rate Watch - 4:27PM Mortgage Rates Edge Up to 5-Month Highs Mortgage rates moved slightly highe r today. While it wasn't a big move in the grand scheme of things, rates were already fairly close to their highest levels since early July . For ... MND NewsWire - 12:25PM Runaway Mortgage Rates Shouldn't Concern Homebuyers Home prices continue to confound predictions of decelerating gains. The S&P/Case-Shiller National Home Price Index gained 5.2 percent over the 12 months period ended in October ... Pipeline Press - 11:45AM Another MBS Lawsuit; Bank M&A Continues; Trends in Multi-Family Market Are you reading this while figuring out what you're going to do New Year's Eve? The latest research studies find it is nearly impossible for our brains, given the way they are designed ... MBS Commentary - 9:14AM MBS Day Ahead: Light Data Calendar and Limited Inspiration There continues to be little to observe or conclude in this 'holiday-light' trading environment. While today's data will provide at least something to observe, conclusions will remain ... TRID Causing Noticeable Delays -Ellie Mae Conforming Conventional Lending Trends and Expectations for 2016 Latest Video Home prices show gains but supply shrinks Low oil hurt housing? Santelli: Yields higher across the curve More News from 'Around the Web' Bloomberg - 4:58PM Treasuries Fall as 5-Year Note Auction Demand Lowest Since 2009 Market Watch - 2:52PM Economic Report: American median incomes are finally back to prerecession levels Calculated Risk Blog - 2:10PM Question #9 for 2016: What will happen with house prices in 2016? Calculated Risk Blog - 1:20PM Real Prices and Price-to-Rent Ratio in October Bloomberg - 10:46AM Consumer Confidence in U.S. Rose More Than Forecast in December Reuters - 10:10AM U.S. home prices rise slightly in October, top forecast CNBC - 10:07AM Consumers ARE spending gas savings Bloomberg - 8:45AM Marc Faber Takes on Yellen With Recession Call, Likes Treasuries www.realtor.com - 8:42AM Hot Homes in December's 10 Hottest Housing Markets Bloomberg - 8:42AM The Return of the Affordable Starter Home Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.02 15 Yr FRM 3.30% +0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.93% +0.01 5/1 Yr ARM 3.02% +0.03 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 3.96% 0.60 -0.01 15 Yr. Fixed 3.22% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.06% 0.40 +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 99.59 -0.38 30YR FNMA 3.5 102.78 -0.28 30YR GNMA 3.0 100.92 -0.39 30YR GNMA 3.5 103.66 -0.33 15YR FNMA 3.0 102.77 -0.19 15YR FNMA 2.5 100.53 -0.23 Treasuries Yield Change 2 YR 1.0950% +0.0842 5 YR 1.7932% +0.0752 10 YR 2.3121% +0.0782 30 YR 3.0399% +0.0945 Prices as of: 12/29/2015 4:30PM 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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