Daily Newsletter: Mortgage Rates Modestly Lower; Some States Still Near 50% Cash Sales; USDA Updates

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30 Year Fixed 4.01%   -0.01 15 Year Fixed 3.24%   -0.01 10YR Treasury 2.20%   -0.0036 FNMA 30YR 3.5 103.19   -0.08 FNMA 15YR 2.5 103.17   -0.03 View Today's Rates

Monday December 21, 2015 Mortgage Rate Watch - 6:44PM Mortgage Rates Modestly Lower Mortgage rates continued a trend of small, steady improvements into the new week today. This marks the 4th straight day of a winning streak that began last Wednesday when the Fed announced ... MND NewsWire - 11:09AM Some States Still Near 50 Percent Cash Sales Cash sales rose incrementally in September while continuing to diminish as a share of all sales on a year-over-year basis. CoreLogic, in it's monthly sales report, said that all cash ... Pipeline Press - 11:00AM USDA Rural Program Updates; Chase EPO Note Riles Some of its Clients Congratulations - from here on out we'll see more daylight in the Northern Hemisphere every day. And for readers living in Anchorage, Alaska, where today's sunrise is at 10:14AM and ... MBS Commentary - 6:44PM MBS RECAP: Even Slower Than Imagined Heading into this week, we were well within our right to expect things to be slow for financial markets. Christmas is on Friday. Thursday is a half day. Anyone who is doing much work ... MBS Week Ahead: Early Close But Plenty of Data. What Matters More? Should We Reevaluate The Ideal of Homeownership? Latest Video European markets lower amid Spain's political uncertainty Pro: Fed will realize their mistake Bad news for the banks? More News from 'Around the Web' Bloomberg - 6:33PM Top Forecasters of 2015 Break From Crowd Calculated Risk Blog - 5:00PM Bloomberg: "How One Woman Tried To Warn Everyone About The Housing Crash" freddiemac.mwnewsroom.com - 4:58PM Freddie Mac Announces First NPL Sale to Non-Profit Buyer webfeeds.brookings.edu - 3:33PM America's zip code inequality Market Watch - 3:32PM New rules to protect home buyers starting to add delays and costs Calculated Risk Blog - 3:32PM Existing Home Sales: Take the Under Tomorrow Bloomberg - 12:25PM Making Sense of Year-End Equity and Bond Market Moves Realtor.Org - 12:25PM When Presidential Candidates Talk Real Estate www.realtor.com - 9:12AM Garden Tubs Are In, Spa Tubs Are Out: The Hot (and Not) List of Home Features CNBC - 9:08AM Gas at lowest level in over 6 years Calculated Risk Blog - 9:06AM Chicago Fed: "Index shows Economic Growth Slowed in November" www.freddiemac.com - 9:05AM Six New Year's Resolutions for Prospective Homebuyers Calculated Risk Blog - 12:25AM Existing Home Sales: Expect a Miss NY Fed - 12:25AM New York Fed Report Finds Advances in Auto Loans, Mortgage Originations Bloomberg - 12:24AM Three Words From the Fed Add Fuel to Treasuries Long-Bond Rally Calculated Risk Blog - 12:22AM Goldman Sachs on Fed Funds rate: "Fairly easy path to a second hike in March" Calculated Risk Blog - 12:21AM Lawler: "Yes, Houston will have a problem next year" Today's Rates Best Execution Rate Change 30 Yr FRM 4.01% -0.01 15 Yr FRM 3.24% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.83% -0.01 5/1 Yr ARM 2.96% -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 3.0 100.09 -0.08 30YR FNMA 3.5 103.19 -0.08 30YR GNMA 3.0 101.44 -0.13 30YR GNMA 3.5 104.16 -0.06 15YR FNMA 3.0 103.17 -0.03 15YR FNMA 2.5 100.94 -0.03 Treasuries Yield Change 2 YR 0.9523% +0.0001 5 YR 1.6712% -0.0017 10 YR 2.1969% -0.0036 30 YR 2.9157% -0.0016 Prices as of: 12/21/2015 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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