Daily Newsletter: Fannie Mae Appraiser Blacklist; Higher Rates to Lead to ARM Resurgence; "Good Month" for Home Prices

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30 Year Fixed 4.49%   +0.02 15 Year Fixed 3.50%   +0.01 10YR Treasury 2.75%   -0.0110 FNMA 30YR 3.5 100.89   +0.11 FNMA 15YR 2.5 102.81   +0.13 View Today's Rates

Tuesday January 28, 2014 MND NewsWire - 6:48PM Higher Rates Should Lead to ARM Resurgence Freddie Mac Says Adjustable rate mortgages remain at historic lows Freddie Mac said today as the company released results of its 30 th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loan offerings ... MND NewsWire - 12:02PM Despite Season November was "Good Month" for Home Prices The S&P Case-Shiller Composite Indices each posted month-over-month declines in November after nine straight months of growth. The 10-City and 20-City Indices were both down 0.1 ... Pipeline Press - 9:37AM Fannie Mae Creates Appaiser Blacklist; Do AMCs Make Sense? Bank M&A Rolls On - Are Mortgage Banks Doing the Same? If you don't think the nation is changing, think again. California's Latino population is going to overtake the white population in only two months, according to this year's state budget ... MBS Commentary - 8:31AM MBS Day Ahead: Case Shiller Home Prices, Consumer Confidence Durable goods data for December is due at 8:30 a.m. EST while the S&P/Case-Shiller home price index for November will be released at 9:00 a.m. ET. The Conference Board's consumer ... CFPB Offers Guidance to Consumers on Debit, Credit Card Data Theft Good News for Rental Markets as Prices, Renter Credit Quality Both Rise New-Home Sales Slip 7% in December; Up 16.4% Over 2012 CFPB Exam Procedures; Mortgage Training and Events; Can your Vendors or Investors Force your Hiring Decisions? Official Argues Against Short-Sale/Foreclosure Deficiency Counting as Income in 2014 Latest Video Falling foreclosures & home prices Shiller: Housing wealth effect stronger than stock market Bull vs. bear on D.R. Horton More News from 'Around the Web' National Housing Conference - 6:50PM What the State of the Union should say about housing The Huffington Post - 6:52PM Polar Vortex Heats Up Online House Hunting: TRULIA WSJ - 6:51PM Downtown Manhattan Penthouse Sells for a Record $50.9 Million The Huffington Post - 2:17PM Breaking the Logjam on HECM Reverse Mortgages (Part II) House Financial Services - 12:04PM Chairman Hensarling's Opening Statement at Hearing on CFPB Bloomberg - 9:23AM Jefferies Discloses $25 Million Settlement of Mortgage Probe NAFCU - 8:37AM Cordray testifies on CFPB plans, activities today Google News - 8:37AM Realtors® Optimistic as Senate Moves to Consider Flood Insurance Rate Relief Bill Bloomberg - 7:48AM D.R. Horton Earnings Rise as Builder Increases Prices of Houses Today's Rates Best Execution Rate Change 30 Yr FRM 4.49% +0.02 15 Yr FRM 3.50% +0.01 FHA 30 Year Fixed 4.24% +0.04 Jumbo 30 Year Fixed 4.38% +0.03 5/1 Yr ARM 3.21% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.61% 1.06 -0.10 30 Yr. Fixed 4.48% 1.36 -0.10 MBA ** 30 Yr. Fixed 4.57% 0.18 -0.09 15 Yr. Fixed 3.68% 0.29 -0.04 30 Yr. Jumbo 4.57% 0.18 -0.01 30 Yr. FHA 4.24% 0.23 -0.05 5/1 ARM 3.23% 0.37 -0.05 Freddie Mac ** 30 Yr. Fixed 4.39% 0.70 -0.02 15 Yr. Fixed 3.44% 0.70 -0.01 1 Yr. ARM 2.54% 0.50 -0.02 5/1 Yr. ARM 3.15% 0.50 +0.05 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 96.52 +0.09 30YR FNMA 3.5 100.89 +0.11 30YR GNMA 3.0 98.20 +0.06 30YR GNMA 3.5 102.23 +0.14 15YR FNMA 3.0 102.81 +0.13 15YR FNMA 2.5 99.84 +0.11 Treasuries Yield Change 2 YR 0.3440% -0.0039 5 YR 1.5562% -0.0232 10 YR 2.7497% -0.0110 30 YR 3.6735% -0.0043 Prices as of: 1/28/2014 4:31PM 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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