Daily Newsletter: FHFA Raises Conforming Loan Limit; Home Price Gains "Appear Unstoppable"

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30 Year Fixed 3.95%   -0.01 15 Year Fixed 3.29%   -0.01 10YR Treasury 2.33%   -0.0053 FNMA 30YR 3.5 102.86   +0.02 FNMA 15YR 2.5 102.11   -0.03 View Today's Rates

Tuesday November 28, 2017 MND NewsWire - 2:35PM FHFA Raises Conforming Loan Limit to $453k Loan limits were frozen in place at $417,000 for 10 long years after the housing bust, but were finally raised on January 1 of this year. Rapidly increasing home prices have now allowed ... MND NewsWire - 10:35AM Home Price Gains "Appear Unstoppable" In October, David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said home price increases "appear unstoppable." The latest reports on ... Mortgage Rate Watch - 4:47PM Mortgage Rates Improve Slightly Despite Market Volatility Mortgage rates improved modestly today as markets digested tax bill headlines and the confirmation hearing for new Fed Chair Jerome Powell. As the head of the institution that has the ... MBS Commentary - 5:04PM MBS RECAP: Bonds Hold Steady as Stocks Soar Stocks broke out in a big way today--a fact that may make the relatively 'unchanged' bond market performance more palatable. In bonds' defense, they did nothing wrong. The CME open ... MBS Day Ahead: The Waiting Continues Flood Insurance Status; Banks in the News; LO Products Latest Video Trader bets on a December rate rally Fed Chair Nominee Powell gives dovish testimony on Capitol Hill Senate Budget Committee advances tax bill More News from 'Around the Web' CNBC - 4:45PM Home Depot shares hit all-time high as housing momentum swells, company advances mobile initiatives Calculated Risk Blog - 4:45PM Zillow Case-Shiller Forecast: More Solid House Price Gains in October www.redfin.com - 4:03PM A Third of Homebuyers Will Consider Moving to Another State if SALT Deductions Are Eliminated Reuters - 4:03PM Senate tax drama intensifies; Democrats pull out of Trump meeting Reuters - 2:36PM U.S. budget chief Mulvaney says CFPB staff should 'disregard' deputy director: memo CNBC - 1:40PM Tax reform rush and shutdown threat make for a messy December in Washington www.nytimes.com - 12:41PM Federal Reserve Nominee Sees Continuity if Confirmed www.realtor.com - 12:19PM You Will Never Guess Where Home Prices Are Shooting Up the Most Reuters - 11:16AM Fed chair nominee Powell says case for rate hike 'coming together' FHFA - 11:07AM FHFA Announces Maximum Conforming Loan Limits for 2018 Calculated Risk Blog - 10:57AM Richmond Fed: "Fifth District Manufacturing Activity Saw Robust Growth in November" CNBC - 10:38AM Fed nominee Powell backs 'tailoring' regulations to ease up on small banks CNBC - 10:10AM Consumer confidence hits 129.5 in November vs expectation of 124 Calculated Risk Blog - 9:56AM Case-Shiller: National House Price Index increased 6.2% year-over-year in September webfeeds.brookings.edu - 9:25AM Why the CFPB showdown threatens the independence of financial regulators CNBC - 8:54AM US Treasurys lower as investors gear up for data deluge; Fed speeches in focus Reuters - 8:29AM Trump administration warns of disruptions in court filing on consumer protection panel Today's Rates Best Execution Rate Change 30 Yr FRM 3.95% -0.01 15 Yr FRM 3.29% -0.01 FHA 30 Year Fixed 3.55% -0.05 Jumbo 30 Year Fixed 4.14% -0.01 5/1 Yr ARM 3.18% +0.02 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 3.95% 0.50 +0.05 15 Yr. Fixed 3.31% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 0.40 -0.01 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 3.0 100.20 +0.03 30YR FNMA 3.5 102.86 +0.02 30YR GNMA 3.0 101.17 +0.08 30YR GNMA 3.5 103.69 +0.03 15YR FNMA 3.0 102.11 -0.03 15YR FNMA 2.5 100.09 -0.06 Treasuries Yield Change 2 YR 1.7500% +0.0054 5 YR 2.0594% +0.0092 10 YR 2.3259% -0.0053 30 YR 2.7561% -0.0131 Prices as of: 11/28/2017 5:06PM 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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Daily Newsletter: Price Gains Cooling Off; Home Sales Steamroll Expectations; CFPB Director Debacle

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30 Year Fixed 3.96%   +0.00 15 Year Fixed 3.30%   +0.00 10YR Treasury 2.33%   -0.0089 FNMA 30YR 3.5 102.84   +0.06 FNMA 15YR 2.5 102.14   +0.05 View Today's Rates

Monday November 27, 2017 MND NewsWire - 5:17PM Home Price Gains Continue Cooling Off Black Knight Financial Services reported on Monday that home prices as measured by its national Home Price Index (HPI) continued to slow on a monthly basis, although the year-over-year ... MND NewsWire - 10:49AM New Home Sales Steamroll Over Expectations It wasn't supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jumping 6.2 percent to a seasonally ... MND NewsWire - 9:16AM Stage Set for Dueling Dual Directors It should be an interesting day at the Consumer Financial Protection Bureau (CFPB). In fact, the Federal Reserve, which is charged with funding the agency out of its budget, might consider ... Mortgage Rate Watch - 4:58PM Mortgage Rates Flat as Markets Get Back to Business Mortgage rates were almost perfectly unchanged today as markets returned to full force following the extended Thanksgiving break. Bond markets (which dictate mortgage rate momentum ... MBS RECAP: Back From Break, But Still Waiting For Breakout MBS Week Ahead: Countdown to Bond Breakout Begins Advice From Industry Leaders; CFPB Leadership Void - Really? Latest Video Promise of tax reform is better than the delivery of it: Morgan Stanley chief economist October new home sales blow past expectations US consumer finance agency deputy files lawsuit against Trump appointment More News from 'Around the Web' www.npr.org - 5:06PM How The Dodd-Frank Act Plays Into The CFPB Succession Debate CNBC - 3:59PM Here's where GOP Senate holdouts stand on sweeping tax bill CNBC - 2:01PM Fed's Kaplan says rate hike appropriate in 'near future' Bloomberg - 1:14PM A 'Completely Flat' Yield Curve and Record-Low Yields Lies Ahead in 2018 CNN - 1:04PM This is how long it takes to sell a house www.realtor.com - 12:18PM Looking for a Newly Constructed Home? You Have Good Timing Bloomberg - 12:18PM Millennials Want to Own Homes Too, If US Economy Would Consent Bloomberg - 11:53AM Treasury Market's Overlords Tackle Key Question of Transparency www.consumerfinancemonitor.com - 11:39AM Federal court asked to decide who is CFPB Acting Director Bloomberg - 9:06AM Trump Vows to Bring CFPB Disaster Back to Life With Mulvaney CNBC - 9:04AM Wall Street week ahead: A new Fed chief, the pulse on the housing market and bitcoin mania CNBC - 9:02AM Here's how long takes for millennials to buy a home in every US state eyeonhousing.org - 9:02AM Single-Family Built-for-Rent Starts: Third Quarter 2017 www.realtor.com - 9:01AM Rent No More! 10 U.S. Cities With Huge Increases in Homeownership Bloomberg - 9:00AM Bond Traders Start to See Crack in Fed's Resolve About Inflation Today's Rates Best Execution Rate Change 30 Yr FRM 3.96% +0.00 15 Yr FRM 3.30% +0.00 FHA 30 Year Fixed 3.60% +0.00 Jumbo 30 Year Fixed 4.15% +0.00 5/1 Yr ARM 3.16% -0.01 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 3.95% 0.50 +0.05 15 Yr. Fixed 3.31% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 0.40 -0.01 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 3.0 100.17 +0.06 30YR FNMA 3.5 102.84 +0.06 30YR GNMA 3.0 101.09 +0.02 30YR GNMA 3.5 103.66 +0.02 15YR FNMA 3.0 102.14 +0.05 15YR FNMA 2.5 100.16 +0.02 Treasuries Yield Change 2 YR 1.7446% -0.0038 5 YR 2.0502% -0.0134 10 YR 2.3312% -0.0089 30 YR 2.7692% +0.0077 Prices as of: 11/27/2017 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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