Daily Newsletter: Mortgage Rates Continue Lower; Fannie Survey Says Credit is Easing; FHFA Proposes Rule for Underserved Markets

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30 Year Fixed 4.02%   -0.04 15 Year Fixed 3.26%   -0.03 10YR Treasury 2.23%   -0.0708 FNMA 30YR 3.5 103.08   +0.25 FNMA 15YR 2.5 103.03   +0.16 View Today's Rates

Thursday December 17, 2015 Mortgage Rate Watch - 4:59PM Mortgage Rates Continue Lower Following Fed Hike Mortgage rates continued modestly lower today as financial markets continue sorting out their reaction to yesterday's Fed rate hike. As a reminder, the Fed Funds Target Rate (the thing ... MND NewsWire - 12:04PM Fannie Mae Survey Points to Credit Easing Fannie Mae said Thursday there are indications that easing lending standards may help mitigate some of the loss of housing affordability moving into the New Year. The company questioned ... MND NewsWire - 11:46AM FHFA Proposes Rule to Increase Lending to Underserved Markets The Federal Housing Finance Agency (FHFA) has posted a proposed new rule for comment that seeks to provide greater access to affordable housing for three underserved markets. The rule ... Pipeline Press - 11:39AM TRID Bedeviling Primary and Secondary Markets, Impacting Consumers What are lenders talking about? Besides the CEO of Wells Fargo saying in a recent speech that he sees, "the wealth and investment management business as the biggest growth opportunity ... MBS Day Ahead: What Now? MBS MID-DAY: Differences Between This FOMC Announcement and the Last One Latest Video Toll Brothers CEO on Fannie & Freddie reform Santelli: Yield effect Will Fed hike push mortgages rates higher? More News from 'Around the Web' CNBC - 4:54PM The best month to buy a house (Hint: It's soon) Fannie Mae - 4:50PM News Release - Fannie Mae Completes Final Credit Risk ... freddiemac.mwnewsroom.com - 4:50PM Freddie Mac Prices Final Multifamily K Certificate Offering for 2015 CNN - 2:20PM Why mortgage rates are NOT going up now, but... CNN - 2:20PM Yellen: Fed won't kill the U.S. economy's comeback CNBC - 2:09PM Chart: Fed less wordy, but confusing blog.hud.gov - 12:14PM HUD launches consumer videos explaining fair housing complaint process www.cfpbmonitor.com - 9:08AM New CFPB General Counsel named Reuters - 9:08AM U.S. jobless claims fall from five-month high CNBC - 9:08AM Philly Fed biz index worse than expected Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% -0.04 15 Yr FRM 3.26% -0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.86% -0.04 5/1 Yr ARM 2.98% +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% 0.45 +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 99.92 +0.33 30YR FNMA 3.5 103.08 +0.25 30YR GNMA 3.0 101.30 +0.30 30YR GNMA 3.5 103.98 +0.25 15YR FNMA 3.0 103.03 +0.16 15YR FNMA 2.5 100.77 +0.20 Treasuries Yield Change 2 YR 0.9925% -0.0161 5 YR 1.7042% -0.0464 10 YR 2.2287% -0.0708 30 YR 2.9329% -0.0758 Prices as of: 12/17/2015 4:31PM 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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