The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesday that Sandra L. Thompson' s name will be submitted to the Senate for formal confirmation to the post. Before being named as acting director earlier this year Thompson had served as FHFA's deputy director of Housing Mission and Goals since 2013 , overseeing FHFA's housing and regulatory policy, capital policy, financial analysis, fair lending, and all mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. She also worked for the Federal Deposit Insurance Corporation (FDIC), for more than 23 years in a variety of leadership positions, most recently as Director of the Division of Risk Management Supervision. Thompson is

December 15, 2021 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.28% -0.05%   6.13% 7.26% 15 Yr. Fixed 5.81% -0.04%   5.6% 6.59% 30 Yr. Jumbo 6.30% +0.00%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for Dec 15, 2021 Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.28% -0.05 0.00 15 Yr. Fixed 5.81% -0.04 0.00 30 Yr. FHA 6.01% -0.04 0.00 30 Yr. Jumbo 6.30% 0.00 0.00 7/6 SOFR ARM 5.89% -0.06 0.00 30 Yr. VA 6.03% -0.04 0.00 Updates Daily - Last Update: 10/31 Freddie Mac Rate Change Points 30 Yr. Fixed 6.17% -0.02 0.00 15 Yr. Fixed 5.41% -0.03 0.00 Updates Weekly - Last Update: 10/30 Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% -0.07 0.58 15 Yr. Fixed 5.67% -0.07 0.61 30 Yr. Jumbo 6.38% -0.01 0.34 Updates Weekly - Last Update: 10/29 UMBS 30YR 5.0 99.51 -0.05   95.05 100.11 UMBS 30YR 5.5 101.02 -0.04   97.47 101.40 10 YR Treasury 4.091 +0.016   3.932 4.780 MBS Price Change UMBS 4.5 97.47 -0.10 UMBS 5.0 99.51 -0.06 UMBS 5.5 101.02 -0.04 GNMA 4.5 97.59 -0.06 GNMA 5.0 99.65 -0.08 GNMA 5.5 100.79 -0.03 Pricing as of: 11/3 8:42AM EST US Treasury Yield Change 2 YR Treasury 3.586 +0.012 5 YR Treasury 3.700 +0.017 7 YR Treasury 3.888 +0.014 10 YR Treasury 4.093 +0.018 30 YR Treasury 4.672 +0.019 Pricing as of: 11/3 8:42AM EST Other News Acting Director Thompson Named to Head FHFA Tue, Dec 14, 2021 3:18PM The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesday that Sandra L. Thompson' s name will be submitted to the Senate for formal confirmation to the post. Before being named as acting director earlier this year Thompson had served as FHFA's deputy director of Ho... (read more) Delinquency and Transition Rates Declined Again in September Tue, Dec 14, 2021 12:42PM September marked additional improvement in loan performance nationwide. CoreLogic says the national delinquency rate, loans that were 30 or more days past due, including those in foreclosure, was 3.9 percent. This was down from the 4.0 rate the company reported in August and 2.4 percentage points lower than delinquencies in September 2020. Frank Nothaft, Cor... (read more) Pricing, Subservicer, Appraisal, Jumbo and DPA Products; Primer on the Fed's Discomfort Wed, Dec 15, 2021 10:42AM California has reinstituted its mask mandate. No one is interested in living in isolation again. Remember, “Your quarantine alcoholic name is your first name followed by your last name.”? Simple. Life doesn’t have to be complicated. What are the ingredients of Frito-Lay’s Corn Chips? Corn, corn oil, and salt. But technology, and compl... (read more) Latest Video Fed raises taper amount to $30 billion, leaves rates unchanged The 9am Bond Report - December 15, 2021 Mortgage refinance applications drop as rates climb November producer price index rises 9.6%, sets new record Around the Web Redfin Housing Market Update: Home Prices Approach All-Time High Reuters Fed sees three rate hikes in 2022 as inflation battle begins CNBC The Fed's latest move will send borrowing costs higher CNBC Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year CNBC Homebuilder confidence ends the year on a high even as costs rise and labor is in short supply Calculated Risk Blog Retail Sales Increased 0.3% in November Reuters Fed prepares to stiffen inflation response for a post-transitory world CNBC European Central Bank heads into pivotal policy meeting with inflation and omicron infections rising Brookings Institution Labor market exits and entrances are elevated: Who is coming back? Fannie Mae Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Assistance Options Following Recent Tornadoes in Central and S... CNBC How to take cash out of your home when mortgage rates are rising Calculated Risk Blog Missing Workers by Age Group CNBC Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record

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