Daily Newsletter: Congress Hears Appeals to Fix Dysfunctional Appraisal System; Rates Remain at 17-Month Highs; Thankfulness Strategies For Bond Markets

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30 Year Fixed 4.12%   +0.00 15 Year Fixed 3.35%   +0.00 10YR Treasury 2.32%   -0.0197 FNMA 30YR 3.5 102.78   +0.02 FNMA 15YR 2.5 103.08   -0.02 View Today's Rates

Monday November 21, 2016 MND NewsWire - 12:26PM Congress Hears Appeals to Fix Dysfunctional Appraisal System The House Financial Services Subcommittee on Housing and Insurance recently held a hearing on " Modernizing Appraisals : A Regulatory Review and the Future of the Industry." According ... Mortgage Rate Watch - 5:27PM Mortgage Rates Hold Steady at 17-Month Highs Mortgage rates called in sick today, effectively doing nothing to move higher or lower from last Friday, on average. For the record, that means some lenders will have improved just ... Pipeline Press - 11:56AM Supreme Court Hears Mortgage Case; Other Legal Updates; CFPB's Financial Status Review “Made up my mind to make a new start…Going to California with an aching in my heart. Someone told me there's a girl out there, with love in her eyes and flowers in her ... MBS Commentary - 10:08AM MBS Week Ahead: A Few Strategies for Thankfulness When Times Are Tough You've probably met people with the inspiring (or nauseating) ability to maintain a positive (or idealistic) attitude in the face of adversity. Perhaps you ARE one of those people ... CFPB Inquiry Could Mean Big Changes For Data Aggregators No Surprise: Pull-Through Rates hit 2016 High Latest Video Record high for S&P 500 Executive Edge: Rising mortgage rates Following the great rotation More News from 'Around the Web' www.cfpbmonitor.com - 6:13PM CFPB posts 2017 final lists of rural and rural or underserved counties Market Watch - 6:13PM Ally Financial settles mortgage securities probe for $52 million Reuters - 3:55PM ECB's Draghi says consequences of Trump's win hard to assess CNBC - 3:54PM Why it won't be easy for Trump to repeal Dodd-Frank Bloomberg - 1:35PM Why Investors Shouldn't Get Overly Excited About a Trump Fiscal Boom CNBC - 1:34PM Higher mortgage rates scuttle some sales eyeonhousing.org - 10:10AM NAHB Survey: AD&C Financing Standards Continue to Ease Bloomberg - 8:51AM Bond Traders Sound Inflation Alarm Amid Worst Rout Since 2001 eyeonhousing.org - 8:51AM Post-Recession High Set for Custom Home Building www.freddiemac.com - 8:45AM Homeownership: Where We Are Now, Where We Are Headed Reuters - 8:45AM AIG eyes 'direct investments' in mortgages: FT.com Today's Rates Best Execution Rate Change 30 Yr FRM 4.12% +0.00 15 Yr FRM 3.35% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.25% +0.03 5/1 Yr ARM 3.08% +0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.05% 1.21 -0.03 30 Yr. Fixed 3.74% 1.37 -0.06 MBA ** 30 Yr. Fixed 3.66% 0.33 -0.04 15 Yr. Fixed 2.95% 0.38 -0.04 30 Yr. Jumbo 3.64% 0.28 -0.05 30 Yr. FHA 3.52% 0.21 -0.04 5/1 ARM 2.92% 0.40 -0.07 Freddie Mac ** 30 Yr. Fixed 3.94% 0.50 +0.37 15 Yr. Fixed 3.14% 0.50 +0.26 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.07% 0.40 +0.19 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 99.75 +0.09 30YR FNMA 3.5 102.78 +0.02 30YR GNMA 3.0 101.42 +0.09 30YR GNMA 3.5 104.13 -0.02 15YR FNMA 3.0 103.08 -0.02 15YR FNMA 2.5 100.67 -0.02 Treasuries Yield Change 2 YR 1.0765% +0.0127 5 YR 1.7725% -0.0132 10 YR 2.3208% -0.0197 30 YR 2.9988% -0.0202 Prices as of: 11/21/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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