Daily Newsletter: Rates hit 2014 Lows; Easiest Mortgage Credit in 2.5 Years; Projections for Housing-Related Sectors; Small Markets Leading the Way

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30 Year Fixed 4.59%   -0.03 15 Year Fixed 3.61%   -0.03 10YR Treasury 2.94%   -0.0222 FNMA 30YR 3.5 99.91   +0.27 FNMA 15YR 2.5 102.34   +0.14 View Today's Rates

Tuesday January 7, 2014 Mortgage Rate Watch - 4:48PM Best Day of the Year for Mortgage Rates Mortgage rates fell at their fastest pace in 2014 and to their best levels. Such a feat was only manageable due to what has been an exceptionally flat market up to this point. Even ... MND NewsWire - 12:52PM Mortgage Credit Easiest in 3.5 Years, Consumer Attitudes Improve -Fannie Housing Survey Fannie Mae said today that results of its December National Housing Survey show that the housing recovery is on firm footing and consumer housing sentiment has bounced back from an ... MND NewsWire - 11:01AM S&P's 2014 Projections for Housing-Related Sectors Standard and Poor's Ratings Direct Service has made some projections for the coming year. In addition to numerical forecasts for the economy as a whole, house prices as reflected by ... MND NewsWire - 1:55PM Small Markets are Leading Recovery NAHB Says Smaller markets and those with a strong energy sector are recovering faster than the nation as a whole the National Association of Home Builders (NAHB) said today. NAHB's January Leading ... MBS RECAP: Best Levels in More Than Two Weeks Nine States Set New Price Peaks in 2013 Guidelines Staying Steady as Lenders Prepared for QM in Advance Investor & Lender Changes Continue; Freddie & Fannie: Golden Gooses? Latest Video Wells Fargo's Adams: Why I'm still a bear Inflation Ahead? Economy adds 203,000 jobs in December predicts pro More News from 'Around the Web' The Huffington Post - 5:08PM realtor.com: 5 Resolutions for First-Time Home Buyers The Huffington Post - 3:23PM realtor.com: Experts Predict 2014 Housing Market Market Watch - 3:19PM Fed's Williams: QE likely to end this year CNBC - 1:45PM Big money bidders still hot on housing Market Watch - 1:45PM Treasurys hold gains after 3-year note auction Bloomberg - 12:57PM Rosengren Signals Support for Taper Strategy After FOMC Dissent - Bloomberg Fannie Mae - 12:04PM News Release - Housing Recovery Remains on Firm Footing ... CNBC - 10:54AM And the best place to invest in real estate is ... CNBC - 10:49AM US stocks advance at the start, with earnings and jobs data in view NAHB - 10:49AM Housing Markets Continue to Show Gradual Improvement CNBC - 10:46AM Rising rates play mind games with banks, stocks Market Watch - 9:45AM Bond Report: Treasury prices edge up ahead of auctions www.gallup.com - 9:23AM U.S. Economic Confidence Improved Again in December CNBC - 9:20AM US trade gap hits 4 year low on exports, weak oil Boston Fed - 9:19AM Boston Fed President: Outlook Improving, but Economy Still Far from Where We Need to Be www.cfpbmonitor.com - 9:19AM CFPB to hold mortgage servicing rule training event CNBC - 8:18AM US apartment vacancy rate drop, rents rise Today's Comments MBS Live Chat - 10:41AM "Does anyone know a bank that will do 90% financing on a single family Jumbo loan amount $800?..." MBS Live Chat - 10:45AM "Alliant will...." MBS Live Chat - 10:47AM "I prefer to do a 80/10 alliant 1st without the LPMI hits and a TCF 2nd. Payment is really attractive...." MBS Live Chat - 12:34PM "on another note, i am reading through Encompass' QM/ATR release and some of these slides require a PhD to decipher..." MBS Live Chat - 12:35PM "sung - i re-read the entire report and am watching Calyx's hour long seminar....tedious..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.59% -0.03 15 Yr FRM 3.61% -0.03 FHA 30 Year Fixed 4.25% +0.00 Jumbo 30 Year Fixed 4.52% -0.03 5/1 Yr ARM 3.25% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.62% 1.06 +0.18 30 Yr. Fixed 4.49% 1.21 +0.22 MBA ** 30 Yr. Fixed 4.64% 0.41 +0.02 15 Yr. Fixed 3.74% 0.29 +0.08 30 Yr. Jumbo 4.63% 0.24 +0.02 30 Yr. FHA 4.29% 0.24 +0.04 5/1 ARM 3.26% 0.39 +0.06 Freddie Mac ** 30 Yr. Fixed 4.53% 0.80 +0.05 15 Yr. Fixed 3.55% 0.70 +0.03 1 Yr. ARM 2.56% 0.50 +0.00 5/1 Yr. ARM 3.05% 0.40 +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 95.45 +0.25 30YR FNMA 3.5 99.91 +0.27 30YR GNMA 3.0 97.09 +0.28 30YR GNMA 3.5 101.33 +0.27 15YR FNMA 3.0 102.34 +0.14 15YR FNMA 2.5 99.22 +0.14 Treasuries Yield Change 2 YR 0.3969% +0.0002 5 YR 1.6790% -0.0148 10 YR 2.9391% -0.0222 30 YR 3.8840% -0.0172 Prices as of: 1/7/2014 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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