Daily Newsletter: Rates Shoot Past Recent Lows; 3.5% Getting More Prevalent; Affordable Housing Rules Set; Income Inequality and Housing; Everyone Loves Bonds!

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30 Year Fixed 3.55%   -0.06 15 Year Fixed 2.95%   -0.04 10YR Treasury 1.65%   -0.1139 FNMA 30YR 3.5 105.70   +0.30 FNMA 15YR 2.5 105.14   +0.19 View Today's Rates

Friday January 30, 2015 Mortgage Rate Watch - 3:51PM Mortgage Rates Shoot Past Recent Lows; 3.5% Getting More Prevalent Mortgage rates moved lower today at their fastest pace since January 14th. Rates sheets moved well past recent lows and back to levels not seen since May 10th 2013. That was the day ... MND NewsWire - 3:32PM Rules Set for Disbursement of Affordable Housing Funds When Federal Housing Finance Agency Director Melvin L. Watts testified before the House Financial Services Committee early this week he said that FHFA had notified Fannie Mae and Freddie ... MND NewsWire - 3:26PM CoreLogic: Income Inequality and the Housing Market The topic of income inequality is, as they say, trending, and this has moved CoreLogic to look at the nature of incomes and homeowners. In a recent article in the company's Housing ... MBS Commentary - 1:13PM MBS MID-DAY: Everyone Loves Bonds! Except Greek Bonds! The overnight session was orderly and positive for Treasuries. Yields continued mechanically grinding lower from yesterday's bounce at 1.785 (10yr Treasuries). Early domestic traders ... CFPB Expands Rural & Small Creditor Definitions Subprime Securitization; Refi Biz Booming; M&A on Rire - What Deal Structures Work? MBS Day Ahead: Busy Day of Data for Europe and US Latest Video Santelli: 10-year drops below key level Household formation jumped to 1.7 million Greece says will not cooperate with troika More News from 'Around the Web' Bloomberg - 5:07PM In Bullard Versus Bond Bulls, There's Potential for Lots of Pain - Bloomberg Bloomberg - 4:56PM Fannie Overseer Setting Capital Rules for Nonbank Mortgage Firms - Bloomberg CNBC - 3:16PM Fed's Williams: 3% growth in 2015 Calculated Risk Blog - 3:07PM Freddie Mac: Mortgage Serious Delinquency rate declined in December WSJ - 3:07PM Fed-Watchers Look to Janet Yellen's February Testimony Before Congress Market Watch - 2:02PM The Fed: Asset managers could face new regulation to prevent runs: Fed's Tarullo Reuters - 2:02PM Fed's Fisher: stronger dollar good for U.S. jobs Bloomberg - 2:02PM U.S. Oil Rig Count Declines for Eighth Consecutive Week - Bloomberg Google News - 12:01PM What a new measure of mortgage denials reveals about mortgage credit access Bloomberg - 10:26AM Bullard Says Investors Wrong Not to Expect Rate Rise by Mid-Year - Bloomberg CNBC - 10:26AM Consumer sentiment hits 98.1 in January vs. 98.2 estimate WSJ - 10:26AM Economists React to Fourth-Quarter GDP: 'The trend is improving' WSJ - 10:26AM U.S. Workers Still Waiting for Wage Growth Bloomberg - 10:24AM Private-Student Lenders Draw CFPB Review Over Debt Refinancing - Bloomberg CNBC - 8:52AM US growth cools, but consumer spending robust Market Watch - 8:52AM U.S. employment-cost index pulls back to 0.6% gain in fourth quarter Reuters - 8:51AM Russian central bank makes surprise interest rate cut Reuters - 8:51AM World investors' cash holdings highest since 2012: Reuters poll Today's Rates Best Execution Rate Change 30 Yr FRM 3.55% -0.06 15 Yr FRM 2.95% -0.04 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.58% -0.03 5/1 Yr ARM 3.13% -0.11 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.80% 0.29 -0.09 15 Yr. Fixed 3.10% 0.29 -0.06 30 Yr. Jumbo 3.86% 0.23 -0.02 30 Yr. FHA 3.66% 0.15 -0.05 5/1 ARM 2.87% 0.41 -0.07 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 +0.03 15 Yr. Fixed 2.98% 0.50 +0.05 1 Yr. ARM 2.38% 0.40 +0.01 5/1 Yr. ARM 2.86% 0.40 +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 3.0 103.47 +0.45 30YR FNMA 3.5 105.70 +0.30 30YR GNMA 3.0 103.77 +0.36 30YR GNMA 3.5 105.84 +0.25 15YR FNMA 3.0 105.14 +0.19 15YR FNMA 2.5 103.45 +0.30 Treasuries Yield Change 2 YR 0.4567% -0.0630 5 YR 1.1596% -0.1151 10 YR 1.6458% -0.1139 30 YR 2.2274% -0.0987 Prices as of: 1/30/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Averages in 2014: LTV, FICO, Loan Types, and More; Pending Home Sales Drop; Rates Holding Near Lows

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30 Year Fixed 3.61%   +0.01 15 Year Fixed 2.99%   +0.01 10YR Treasury 1.76%   +0.0390 FNMA 30YR 3.5 105.41   -0.02 FNMA 15YR 2.5 104.95   +0.03 View Today's Rates

Thursday January 29, 2015 MND NewsWire - 3:49PM Averages in 2014: LTV, FICO, Loan Types, and More Fifty-six percent of loans closed in December were for home purchase, somewhat lower than the average for 2014 as a whole according to the Origination Insights Report from Ellie Mae ... MND NewsWire - 10:54AM Pending Home Sales Suffer Largest Drop of Year The rate at which contracts were signed to purchase homes was down slightly in December the National Association of Realtors® (NAR) said today. Even though buyers were looking at ... Mortgage Rate Watch - 3:53PM Mortgage Rates Holding Near Long-Term Lows Mortgage rates were steady to slightly higher today on average. Some lenders were actually slightly lower, but they were the exception. In contrast to yesterday, the bond markets that ... MBS Commentary - 12:46PM MBS MID-DAY: Grinding Sideways to Slightly Weaker With Little Regard for Events While there have been several economic events in the overnight and domestic sessions that seemingly imparted some momentum, bond markets are better described as simply correcting from ... Fannie CU Webinar; Reports on Health of Reverse Mortgages, Homebuilders, and Housing Market MBS Day Ahead: Bond Markets Still Trying to Make up Mind After ECB Latest Video Mixed housing message Fed's inner conflict Santelli: Watch two-day charts More News from 'Around the Web' CNBC - 4:28PM Reagan's OMB head: Wealth inequality is a problem CNBC - 4:28PM Why is the dollar rising? What you need to know WSJ - 4:28PM Coeure Cites Deteriorating Inflation Expectations for ECB Bond-Buying Calculated Risk Blog - 3:32PM Zillow: Case-Shiller House Price Index year-over-year change expected to slow further in December CFPB - 3:31PM CFPB Issues Proposal To Facilitate Access To Credit In Rural And Underserved Areas The Atlantic - 2:29PM The World's Next Mortgage Crisis? www.aei.org - 2:29PM Building toward another mortgage meltdown www.cfpbmonitor.com - 1:10PM ABA seeks removal of mortgage rate calculator from CFPB website CNBC - 12:03PM A housing market where there aren't enough homes CNBC - 10:47AM Pending home sales fell 3.7% in December Calculated Risk Blog - 10:47AM HVS: Q4 2014 Homeownership and Vacancy Rates Washington Post - 10:47AM The majority of consumers have subprime credit scores, report says CNBC - 10:46AM Will millennials begin buying homes? freddiemac.mwnewsroom.com - 10:46AM Mortgage Rates Tick Up WSJ - 9:38AM Waiting for Wage Growth? Everyone Is Watching the Employment Cost Index Bloomberg - 8:43AM Yellen Deflation-Fighting Formula Doubted by Summers, Investors - Bloomberg CNBC - 8:42AM Remodeling boosts housing industry Bloomberg - 8:40AM European Bond Investors Flock to U.S. as Draghi Crushes Yields - Bloomberg CNBC - 8:38AM US jobless claims approach 15-year low Today's Rates Best Execution Rate Change 30 Yr FRM 3.61% +0.01 15 Yr FRM 2.99% +0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.61% +0.01 5/1 Yr ARM 3.24% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 3.80% 0.29 -0.09 15 Yr. Fixed 3.10% 0.29 -0.06 30 Yr. Jumbo 3.86% 0.23 -0.02 30 Yr. FHA 3.66% 0.15 -0.05 5/1 ARM 2.87% 0.41 -0.07 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 +0.03 15 Yr. Fixed 2.98% 0.50 +0.05 1 Yr. ARM 2.38% 0.40 +0.01 5/1 Yr. ARM 2.86% 0.40 +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 3.0 103.02 -0.09 30YR FNMA 3.5 105.41 -0.02 30YR GNMA 3.0 103.41 -0.05 30YR GNMA 3.5 105.59 -0.17 15YR FNMA 3.0 104.95 +0.03 15YR FNMA 2.5 103.16 +0.03 Treasuries Yield Change 2 YR 0.5197% +0.0543 5 YR 1.2747% +0.0372 10 YR 1.7597% +0.0390 30 YR 2.3261% +0.0353 Prices as of: 1/29/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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