Daily Newsletter: Pace of Annual Home Price Increases is Quickening; Mortgage Rates Rise

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30 Year Fixed 3.58%   -0.03 15 Year Fixed 2.91%   -0.02 10YR Treasury 2.00%   +0.0306 FNMA 30YR 3.5 105.33   -0.17 FNMA 15YR 2.5 104.88   -0.06 View Today's Rates

Tuesday January 29, 2013 MND NewsWire - 10:43AM Pace of Annual Home Price Increases is Quickening The S&P/Case Shiller Home Price Indices posted another set of strong and broad-based annual increases in November 2012. Data released today shows that the 10-City Composite Index ... Mortgage Rate Watch - 4:37PM Mortgage Rates Start Stronger, Fade By End Of Day Mortgage rates began the day much improved compared to Monday's latest offerings, but the gains mostly evaporated by the end of the session. The mortgage-backed-securities (MBS) that ... MBS Commentary - 1:19PM MBS MID-DAY: Disconcerting Resistance After Morning Gains MBS Live : MBS Morning Market Summary Treasuries were slightly weaker during the first part of the overnight session, but stayed under Monday's higher yields. European hours brought ... Pipeline Press - 10:59AM Bank Deposits Withdrawn at Fastest Pace Since 2001; Las Vegas ASF Chatter; Texas Ratio Primer Huh? "Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties , helping Americans escape underwater ... SEC Charges Former Jefferies Director with MBS-Related Fraud Social Media Guidance from Federal Regulators; DAP Changes; Regional Events and Mortgage Jobs Tight Supply Blamed for Weaker Pending Home Sales Court Ruling Jeopardizes Cordray's Recess Appointment New Home Sales Fell in December, but Up Sharply in 2012 Eminent Domain Plans Dropped; NAR Report on Internet Home shopping; Flagstar Earnings - Stock Tumbles Latest Video `More Order' Back in U.S. Housing, Karl Case Says Fed Survey: When Will QE End? Santelli's Midday Bond Report More News from 'Around the Web' Business Week - 4:25PM Wells Fargo's Mortgage Revenue to Drop 18 Percent, Staite Says NAR - 3:12PM NAR: Falling Home Ownership Rate Market Watch - 3:12PM Senators question Justice Dept. on big bank probes Bloomberg - 2:46PM Treasury's Stegman Says U.S. Will Expand Underwater Mortgage Aid Bloomberg - 2:46PM Fix Home Lending Before the Next Bubble WSJ - 1:12PM Pimco Doesn't See Fed Changing Course Business Week - 12:58PM ResCap Delays Closing Its Sale to Ocwen Until Feb. 15 Bloomberg - 12:58PM Democrats Try Again to Spur Refinancing to Bolster U.S. Housing CNBC - 12:56PM Guess Who's Driving the Demand for Rental Apartments? CNBC - 12:56PM QE Program a 'Disaster', Say Saving and Pension Groups CNBC - 10:09AM Consumer Confidence Fell Much Further Than Expected in January Bloomberg - 9:28AM D.R. Horton Profit More Than Doubles as Market Rebounds Bloomberg - 7:31AM Bernanke Seen Buying $1.1 Trillion in Bonds by Early 2014 CNBC - 9:21AM Real Estate Is in a 'Goldilocks Period': Sternlicht www.federalregister.gov - 7:21AM Information Sharing Among Federal Home Loan Banks Today's Comments MBS Live Chat - 2:31PM "REPRICE : 2:31 PM - Pinnacle Worse..." MBS Live Chat - 2:27PM "REPRICE : 2:27 PM - Wells Fargo Worse..." MBS Live Chat - 2:21PM "REPRICE : 2:21 PM - Kinecta Worse..." MBS Live Chat - 2:19PM "REPRICE : 2:19 PM - Stonegate Mortgage Worse..." MBS Commentary - 12:04AM "It's funny--4 years ago before I really understood "GUTFLOP" and thought I was a fledgling bond analyst (before MBS was an acronym I even knew) a day like today would have had me cursing and depressed and angrily looking for the black cloud to kill the silver lining of better than expected global or..." MBS Commentary - 10:48PM "Much appreciated Frank...." Community Commentary - 11:48PM "Sometimes kids can say it in a way grown ups just can't match. http://www.youtube.com/watch?v=l-gQLqv9f4o..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.58% -0.03 15 Yr FRM 2.91% -0.02 FHA 30 Year Fixed 3.30% -0.03 Jumbo 30 Year Fixed 3.79% -0.01 5/1 Yr ARM 3.02% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.70% 1.16 -0.11 30 Yr. Fixed 3.47% 1.29 -0.07 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 3.42% 0.70 +0.04 15 Yr. Fixed 2.71% 0.70 +0.05 1 Yr. ARM 2.57% 0.50 +0.00 5/1 Yr. ARM 2.67% 0.50 +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 3.0 103.16 -0.25 30YR FNMA 3.5 105.33 -0.17 30YR GNMA 3.0 104.17 -0.20 30YR GNMA 3.5 107.33 -0.14 15YR FNMA 3.0 104.88 -0.06 15YR FNMA 2.5 103.45 -0.13 Treasuries Yield Change 2 YR 0.2814% +0.0012 5 YR 0.8785% +0.0082 10 YR 2.0009% +0.0306 30 YR 3.1830% +0.0335 Prices as of: 1/29/2013 4:32PM 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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