Daily Newsletter: Rates May be Calming Down; Credit Standards Loosen; Fannie/Freddie Will Get to Keep Some Profits

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30 Year Fixed 4.10%   +0.01 15 Year Fixed 3.42%   +0.02 10YR Treasury 2.48%   -0.0126 FNMA 30YR 3.5 102.25   +0.08 FNMA 15YR 2.5 101.58   +0.03 View Today's Rates

Thursday December 21, 2017 Mortgage Rate Watch - 3:16PM Worst Week Since June May be Calming Down For Mortgage Rates Mortgage rates edged just slightly higher again today, capping the sharpest 3-day increase since late June and leaving the average lender more than an eighth of a percentage point higher ... MND NewsWire - 12:13PM Credit Standards Loosen, Refi Boom to Blame Ellie Mae has picked up indications of what it says it will be watching as a possible trend in the data from its November Origination Insight Report. The company notes that the share ... MND NewsWire - 10:21AM Fannie/Freddie Home Prices Pick Up Speed The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for September slowed to its lowest level since January , 6.3 percent and the month-over-month increase of 0.3 percent ... MND NewsWire - 9:40AM Fannie and Freddie Now Allowed to Keep Some Profits Agreement has been reached between the Federal Housing Finance Agency (FHFA) and the Department of the Treasury to reinstate a $3 billion capital reserve amount under the Senior Preferred ... MBS Day Ahead: Striking Similarities in Trading Patterns Show Year-End Exodus Tax Update, PACE Changes, 4506-T News; Tax Bill Hitting Rates Latest Video Tax bill's impact on 2018 economy Initial jobless claims up 20K to 245,000, Q3 GDP 3.2% vs. 3.3% est. House readies vote on government funding as shutdown looms More News from 'Around the Web' eyeonhousing.org - 5:02PM Housing Share of GDP: Third Quarter 2017 Bloomberg - 4:59PM DoubleLine to Make Its Own Brand of Mortgage-Backed Securities CNBC - 4:59PM House passes spending bill to avert a government shutdown freddiemac.mwnewsroom.com - 4:58PM Freddie Mac Issues Monthly Volume Summary for November 2017 CNBC - 2:41PM History shows bond yields could reverse next week after sudden spike Bloomberg - 2:41PM Tax Plan Has Majority of Americans 'Concerned' About Homebuying Calculated Risk Blog - 12:54PM Black Knight: National Mortgage Delinquency Rate increased in November due to Hurricanes Calculated Risk Blog - 11:33AM Earlier: Philly Fed Manufacturing Survey showed "Solid Growth" in December webfeeds.brookings.edu - 11:17AM Hutchins Roundup: Earned Income Tax Credit, retirement and death, and more CNBC - 10:38AM Leading economic indicators rise 0.4 percent, meet expectations Reuters - 9:54AM U.S. House unveils new stop-gap funding bill to avert shutdown Calculated Risk Blog - 9:17AM Q3 GDP Revised down to 3.2% Annual Rate www.realtor.com - 8:18AM The Hottest Real Estate Markets of 2017: Who Gained Big, Who Fell Hard Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.01 15 Yr FRM 3.42% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.25% +0.02 5/1 Yr ARM 3.25% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.22 -0.02 30 Yr. Fixed 4.14% 1.32 -0.01 MBA ** 30 Yr. Fixed 4.06% 0.38 -0.05 15 Yr. Fixed 3.34% 0.38 -0.02 30 Yr. Jumbo 3.96% 0.20 -0.04 30 Yr. FHA 3.98% 0.35 -0.04 5/1 ARM 3.14% 0.31 -0.12 Freddie Mac ** 30 Yr. Fixed 3.94% 0.50 +0.01 15 Yr. Fixed 3.38% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.30 +0.03 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 99.38 +0.02 30YR FNMA 3.5 102.25 +0.08 30YR GNMA 3.0 100.42 +0.02 30YR GNMA 3.5 103.06 -0.16 15YR FNMA 3.0 101.58 +0.03 15YR FNMA 2.5 99.55 +0.08 Treasuries Yield Change 2 YR 1.8775% +0.0208 5 YR 2.2434% +0.0068 10 YR 2.4844% -0.0126 30 YR 2.8395% -0.0372 Prices as of: 12/21/2017 5:05PM 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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