Daily Newsletter: Rates Hold Eerily Steady; Potent Cocktail Fueling Home Price Gains; FHA/VA Changes

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30 Year Fixed 4.16%   -0.01 15 Year Fixed 3.37%   -0.01 10YR Treasury 2.39%   -0.0126 FNMA 30YR 3.5 102.59   +0.05 FNMA 15YR 2.5 102.83   +0.08 View Today's Rates

Tuesday December 6, 2016 Mortgage Rate Watch - 4:44PM Mortgage Rates Hold Eerily Steady Mortgage rates barely budged today, with most lenders offering the exact same quotes as yesterday. While we have seen a few days with similar day-over-day results recently, most of ... MND NewsWire - 10:30AM "Potent Cocktail" Fueling Home Prices -CoreLogic Home price growth accelerated further in October according to CoreLogic. The company's Home Price Index (HPI) increased 6.7 percent from the prior October while the year-over-year gain ... Pipeline Press - 9:27AM Vendor News Including eClosing; Pending Home Sales Primer; FHA/VA Changes Many years ago, it was a joke in Britain to say that, “the War Office was always preparing for the last war.” To their credit, regulators now often try to consider the future ... MBS Commentary - 8:47AM MBS Day Ahead: Bonds "Technically Ready" For Good News Any Day Now I generally don't l ike the terms "oversold" (consistent weakness) and "overbought" (consistent strength). I think they lead to false confidence in some particular outcome. For instance ... Refi Pool Shrinks by 4 Million Carson Officially Named as HUD Secretary Latest Video Bill Gross warns Trump could add to long-term debt crisis SunTrust CEO on banking sector outlook The Fed 'getting back to normal': John Taylor More News from 'Around the Web' Calculated Risk Blog - 5:05PM Phoenix Real Estate in November: Sales up 30%, Inventory down 2% CNBC - 3:55PM Trump seems like he's trying to restore pre-financial crisis inequities: Michael Lewis Reuters - 12:49PM Wells Fargo expects short term profit hit from interest rates rise: CEO www.gallup.com - 10:32AM U.S. Economy: No Recovery Reuters - 10:32AM U.S. factory orders post biggest gain in nearly 1-1/2 years Market Watch - 10:31AM Bond Report: Treasury yields unchanged ahead of central bank meetings Reuters - 9:59AM U.S. productivity in third quarter fastest in two years www.realtor.com - 9:54AM Credit Restrictions Cost Home Buyers 'Deal of a Lifetime' CNBC - 9:54AM Bill Gross: Trump good for stocks now, but bad for 'long-term debt crisis' CNBC - 9:52AM Real estate sector has sunk since its creation, and could spiral further Today's Rates Best Execution Rate Change 30 Yr FRM 4.16% -0.01 15 Yr FRM 3.37% -0.01 FHA 30 Year Fixed 3.85% -0.05 Jumbo 30 Year Fixed 4.21% -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 3.05% 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 4.08% 0.50 +0.14 15 Yr. Fixed 3.34% 0.50 +0.20 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.15% 0.40 +0.08 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 99.50 +0.08 30YR FNMA 3.5 102.59 +0.05 30YR GNMA 3.0 101.23 +0.11 30YR GNMA 3.5 104.20 +0.08 15YR FNMA 3.0 102.83 +0.08 15YR FNMA 2.5 100.31 +0.03 Treasuries Yield Change 2 YR 1.1200% -0.0038 5 YR 1.8357% -0.0181 10 YR 2.3905% -0.0126 30 YR 3.0780% +0.0017 Prices as of: 12/6/2016 4:32PM 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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