Daily Newsletter: Rates Steady to Begin Week; Triple Threat Posed by Pacific Coast Quakes; Multifamily Thrives; Affordability Suffers

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30 Year Fixed 4.21%   +0.01 15 Year Fixed 3.41%   +0.01 10YR Treasury 2.48%   +0.0092 FNMA 30YR 3.5 102.14   -0.14 FNMA 15YR 2.5 102.80   +0.05 View Today's Rates

Monday December 12, 2016 Mortgage Rate Watch - 4:17PM Mortgage Rates Hold Fairly Steady to Begin Week Mortgage rates were mixed today, depending on the lender, as well as the time of day. Earlier this morning, most lenders were quoting slightly higher rates compared to last Friday. ... MND NewsWire - 12:10PM Triple Threat Posed by Pacific Coast Earthquakes Another in a series of articles from Corelogic Senior Product Manager, MaiClaire Bolton, about assessing earthquake risk from a mortgage and insurance perspective focuses on the Pacific ... MND NewsWire - 2:23PM Multi-Family Sector Thriving; Affordability a Major Concern Multi-family housing, in the words of a Freddie Mac executive vice president, is on a roll . David Brickman says his company is on track to purchase approximately $55 billion in multifamily ... MBS Commentary - 9:04AM MBS Week Ahead: Bonds' Bumpy Start is Not About The Fed Fed policy is one of the biggest, most consistent market movers for bonds. With such a high likelihood of a hike, bond markets surely must be focused on this Wednesday's Fed Announcement ... Credit Trends; Training/Events; Capital Markets News (Plenty of New Acronyms) One View on Election's Housing and Mortgage Market Impact Latest Video Oil soars on output deal El-Erian: We're seeing a 'romance of reflation' Fed outlook in question More News from 'Around the Web' Market Watch - 4:38PM Yellen to tell the markets to ‘cool your jets' Fannie Mae - 1:30PM Fannie Mae's 'Day 1 Certainty' Initiative Gives Lenders Greater ... Market Watch - 11:58AM What the Fed can learn from Greenspan as it prepares for Trump freddiemac.mwnewsroom.com - 11:57AM Freddie Mac Announces Holiday Eviction Moratorium Dec. 19, 2016 to Jan. 3, 2017 Bloomberg - 10:59AM Yellen Outlook Blurred by Trump Fiscal Plans: Decision-Day Guide eyeonhousing.org - 10:58AM Growth in Homeowners' Equity Continues Washington Post - 10:58AM More homes sold in the D.C. area last month than any November in the past seven years www.redfin.com - 9:49AM Millions of Renters Face Eviction—Why Today's Housing Market is Partially to Blame www.freddiemac.com - 9:46AM Multifamily Is On a Roll Bloomberg - 8:25AM Analysts Call End to Era of Negative-Yielding German Bunds - Bloomberg Bloomberg - 8:25AM Treasury 10-Year Yield Tops 2.5% Amid Biggest Short Since 2014 - Bloomberg Bloomberg - 8:24AM JPMorgan Traders Back Risky Property Deals as Bank Shows Caution - Bloomberg Reuters - 8:24AM After explosive growth, bond ETFs brace for the next big test Today's Rates Best Execution Rate Change 30 Yr FRM 4.21% +0.01 15 Yr FRM 3.41% +0.01 FHA 30 Year Fixed 3.90% +0.00 Jumbo 30 Year Fixed 4.26% +0.01 5/1 Yr ARM 3.07% +0.01 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 4.13% 0.50 +0.05 15 Yr. Fixed 3.36% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.17% 0.50 +0.02 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 98.89 -0.20 30YR FNMA 3.5 102.14 -0.14 30YR GNMA 3.0 101.05 +0.11 30YR GNMA 3.5 104.22 +0.23 15YR FNMA 3.0 102.80 +0.05 15YR FNMA 2.5 100.16 0.00 Treasuries Yield Change 2 YR 1.1451% +0.0082 5 YR 1.8907% +0.0017 10 YR 2.4785% +0.0092 30 YR 3.1580% +0.0017 Prices as of: 12/12/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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