Daily Newsletter: Refinances Seen Falling to 38 Percent Market Share in 2014; Home Prices Boomed in 2013; Green Builders Fared Better; Markets Calm Before Storm

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30 Year Fixed 4.31%   +0.03 15 Year Fixed 3.35%   +0.03 10YR Treasury 2.63%   +0.0524 FNMA 30YR 3.5 101.69   -0.36 FNMA 15YR 2.5 103.28   -0.17 View Today's Rates

Tuesday February 4, 2014 MND NewsWire - 1:26PM Refinances Seen Falling to 38 Percent Market Share in 2014 Homeowners who refinanced through Freddie Mac in 2013 continued to display fiscal restraint, choosing fixed rate mortgages, keeping essentially the same mortgage balance, and in many ... MND NewsWire - 10:59AM Home Prices at Boom Levels in 2013 One would have to go back to the heart of the housing boom to find a period when home prices increased at a more rapid pace than they did in 2013 CoreLogic said today. While prices ... MND NewsWire - 4:29PM Builders with 'Green Experience' Fared Better During Recession The recession apparently hit those builders experienced in green construction with less severity than other home builders according to a new study on energy-efficient and green home ... Mortgage Rate Watch - 4:33PM Mortgage Rates Just Slightly Higher as Markets Pause Mortgage rates were slightly higher today as financial markets took a break from recent volatility. With the exception of yesterday, today's rates remain the lowest seen since early ... Arch Buys CMG MI; New Program From New Penn; Do the Agencies Assess Early Pay Off Penalties? Commercial/Multifamily Lending Came on Strong in Q4; MBA Expects Healthy 2014 Sellers Worry about Buyer Credit Availability in Redfin Survey MBS RECAP: Recent Trends Pause Ahead of Important Data MBS Day Ahead: Calm Before The Storm Latest Video Fed may extend guidance: Liesman Time out on taper? Pisani: Market waiting for another card More News from 'Around the Web' WSJ - 4:31PM Homes Listed for Sale Jumped in These Six Markets Bloomberg - 4:30PM Winter Chill to Shift From U.S. Jobs to Retail Sales, BofA Says - Bloomberg CNBC - 4:00PM Farm bill on the verge of passage CNBC - 3:30PM Fed's Evans: Fed won't raise rates soon www.aei.org - 3:14PM A new safer subprime? Market Watch - 1:29PM The Technical Indicator: Volatility Index raises caution flag for market bears WSJ - 12:05PM Vital Signs: That Wasn't Supposed to Happen freddiemac.mwnewsroom.com - 12:02PM Borrowers Who Refinanced in 2013 Saving Over $21 Billion in Interest Payments Over the Coming Year National Housing Conference - 12:02PM Moving Housing Forward www.gallup.com - 10:42AM U.S. Economic Confidence Continued to Improve in January blog.redfin.com - 10:42AM Home Sellers Get Confidence Boost in First Quarter CNN - 10:37AM Deficit continues to drop sharply - CBO www.ourbroker.com - 10:37AM Why Subprime Mortgages Are Back Reuters - 10:36AM Factory orders fall due to drop in transportation freddiemac.mwnewsroom.com - 10:35AM Freddie Mac Announces Second Multifamily Securities Offering This Year, K-036 CNBC - 10:34AM Taper effect: Here comes a bigger correction National Housing Conference - 10:33AM Navigating Between Extremes in Housing Finance Reform WSJ - 9:21AM Grand Central: Falling U.S. Rates Signal Worsening Sentiment The Huffington Post - 9:20AM Your Home In 2030 Will Be Smarter Than You (PHOTOS) Reuters - 9:18AM Fed's Lacker sees muted U.S. growth, less policy stimulus Today's Comments MBS Live Chat - 2:07PM "Greentree announced today that they are exiting wholesale...for those interested..." MBS Live Chat - 2:54PM "methinks ADP is confused about what to do tomorrow... do we revise lower based on BLS, only to get burned by BLS revising higher......" MBS Live Chat - 2:54PM "they will definitely revise after getting nfp numbers..." MBS Live Chat - 2:54PM "with so many months aligned until last month......" MBS Live Chat - 2:55PM "but adp hasnt been tracking NFP well have they?..." MBS Live Chat - 2:55PM "BLS revises more than ADP..." MBS Live Chat - 2:55PM "http://mndne.ws/1am5qM1 there's a table in that lower chart..." MBS Live Chat - 3:05PM "is it me or does it seem like there locking before NFP is a given...." Today's Rates Best Execution Rate Change 30 Yr FRM 4.31% +0.03 15 Yr FRM 3.35% +0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.22% +0.03 5/1 Yr ARM 3.19% +0.02 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 4.52% 0.40 -0.05 15 Yr. Fixed 3.59% 0.26 -0.09 30 Yr. Jumbo 4.47% 0.27 -0.10 30 Yr. FHA 4.18% 0.33 -0.06 5/1 ARM 3.25% 0.33 +0.02 Freddie Mac ** 30 Yr. Fixed 4.32% 0.70 -0.07 15 Yr. Fixed 3.40% 0.60 -0.04 1 Yr. ARM 2.55% 0.40 +0.01 5/1 Yr. ARM 3.12% 0.50 -0.03 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 97.58 -0.39 30YR FNMA 3.5 101.69 -0.36 30YR GNMA 3.0 99.27 -0.44 30YR GNMA 3.5 102.97 -0.39 15YR FNMA 3.0 103.28 -0.17 15YR FNMA 2.5 100.47 -0.22 Treasuries Yield Change 2 YR 0.3118% +0.0157 5 YR 1.4625% +0.0293 10 YR 2.6258% +0.0524 30 YR 3.5960% +0.0661 Prices as of: 2/4/2014 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

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