Daily Newsletter: Housing Recovery Should Accelerate into 2013, if Washington Behaves

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30 Year Fixed 3.46%   -0.03 15 Year Fixed 2.80%   -0.01 10YR Treasury 1.83%   -0.0088 FNMA 30YR 3.5 106.09   +0.08 FNMA 15YR 2.5 105.30   +0.06 View Today's Rates

Wednesday January 23, 2013 MND NewsWire - 10:02AM Housing Recovery Should Accelerate into 2013, if Washington Behaves Three economists told attendees at the International Builders Show that the housing market should continue to improve on an accelerating basis in 2013 . But each cautioned that there ... Mortgage Rate Watch - 4:00PM Mortgage Rates Improve At Slightly Faster Pace Mortgage rates were more unified in their improvements today after beginning the week rather equivocally on Tuesday. Most lenders offered improved interest rates or reduced costs (or ... Mortgage Rate Watch - 3:30PM Wake Up Call: Free Refi Boom Almost Over Earlier this month, I did an interview with the San Francisco Chronicle about repeat no-cost refinancing in a declining rate environment. The piece came out January 4, the day after ... MND NewsWire - 9:20AM Mortgage Applications Post Another Strong Week, Up 7% The Mortgage Composite Index, a measure of mortgage loan application volume , was up significantly during the week ended January 18, its second strong increase in as many weeks. The ... MBS RECAP: Quiet Day Leaves MBS With Moderate Improvements LPS Preview Shows Slight Uptick in Delinquency Rate Senator asks Regulators for Consistency between QM and QRM Harvard Study Offers New Angle On Bank vs Non-Bank Blame Game Existing Home Sales Drop in December while Prices Continue Upward Loan Officer Compensation Rules Finalized Latest Video Look For More Mortgage Clarity in 2013? The Renovation Boom IMF Chief Economist Blanchard on World Economy More News from 'Around the Web' CNBC - 2:10PM FHFA says settlement reached with GE in mortgage lawsuit Bloomberg - 2:09PM KB Home Climbs After Reporting a 54% Increase in Orders Business Week - 2:10PM California foreclosure activity hits 6-year low CNBC - 11:00AM Sen. Twoomey: 'Senate Doesn't Function' CNBC - 10:30AM Foreclosure Fixer-Uppers Help Boost Remodeling CNBC - 1:50PM U.S. House passes Republican plan to extend debt limit to May 19 SIFMA - 2:10PM SIFMA Statement on Suspension of Debt Limit FHFA - 9:05AM FHFA House Price Index Up 0.6 Percent in November CNBC - 7:58AM Economy Fueled by 'Energy Revolution,' Housing Today's Comments MBS Live Chat - 4:03PM "REPRICE : 4:03 PM - Flagstar Worse..." MBS Live Chat - 3:50PM "REPRICE : 3:50 PM - Provident Funding Worse..." MBS Live Chat - 1:42PM "RTRS - WHITE HOUSE SAYS WOULD PREFER U.S. DEBT CEILING TO BE RAISED FOR A LONG PERIOD OF TIME, BUT WELCOMES PASSAGE OF SHORT TERM EXTENSION BY HOUSE OF REPRESENTATIVES..." MND NewsWire - 11:59PM "Wow--we're back to blame and hopelessness after this news? HARP 2.0 is allowing so many upside down borrowers to refinance and reducing the likelihood they will become rational defaulters. Appraisals--purchase and refinance are starting to show signs of stabilization and even appreciation in some cases..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.46% -0.03 15 Yr FRM 2.80% -0.01 FHA 30 Year Fixed 3.25% +0.01 Jumbo 30 Year Fixed 3.66% -0.03 5/1 Yr ARM 2.98% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.81% 1.00 -0.10 30 Yr. Fixed 3.54% 1.24 -0.08 MBA ** 30 Yr. Fixed 3.62% 0.43 +0.01 15 Yr. Fixed 2.87% 0.39 -0.01 30 Yr. Jumbo 3.85% 0.34 -0.03 30 Yr. FHA 3.40% 0.53 +0.01 5/1 ARM 2.61% 0.32 -0.05 Freddie Mac ** 30 Yr. Fixed 3.38% 0.70 -0.02 15 Yr. Fixed 2.66% 0.70 +0.00 1 Yr. ARM 2.57% 0.40 -0.03 5/1 Yr. ARM 2.67% 0.60 +0.00 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 3.0 104.30 +0.13 30YR FNMA 3.5 106.09 +0.08 30YR GNMA 3.0 105.31 +0.11 30YR GNMA 3.5 108.06 +0.06 15YR FNMA 3.0 105.30 +0.06 15YR FNMA 2.5 104.11 +0.05 Treasuries Yield Change 2 YR 0.2384% -0.0080 5 YR 0.7500% -0.0048 10 YR 1.8311% -0.0088 30 YR 3.0248% +0.0008 Prices as of: 1/23/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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