Daily Newsletter: FHA Premium Cut not about the GSEs; Rates Slightly Higher Amid Lack of Motivation; How are Lenders Handling HUD/FHA Changes?

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30 Year Fixed 3.64%   -0.01 15 Year Fixed 3.02%   -0.01 10YR Treasury 1.83%   +0.0376 FNMA 30YR 3.5 105.08   -0.13 FNMA 15YR 2.5 104.64   -0.05 View Today's Rates

Monday January 26, 2015 MND NewsWire - 11:55AM FHA Premium Cut not about the GSEs Normal 0 false false false EN-US X-NONE X-NONE Julian Castro, Secretary of Housing and Urban said today that the reduction of FHA annual premiums has nothing to do with competition ... Mortgage Rate Watch - 2:56PM Mortgage Rates Slightly Higher Amid Lack of Motivation Mortgage rates were unchanged in most cases today, though some lenders were microscopically higher or lower compared to last Friday. Any attempts at more meaningful market movement ... Pipeline Press - 10:42AM Nitty-Gritty on the HUD & FHA Changes and How Lenders are Handling Them One never knows what will cause mass hysteria . Maybe the storm hitting the Northeast? I doubt Ocwen's troubles will cause it, but the industry has watched its stock plummet and chairman ... MBS Commentary - 1:07PM MBS MID-DAY: Choppy, Sideways Range, Little-Changed From Friday The week is off to a fairly anticlimactic start, belying the initial volatility seen after the Greek elections early in the overnight session. 10yr yields have traded a respectably ... MBS Day Ahead: 2015 Volatility Continues with Greek Election Reaction and Fed Announcement Strengthening Economy Expected to "Drag" Housing Along Latest Video Santelli: Not going anywhere quickly FHA lowering annual premiums HUD's Castro: Helping middle class home buyers More News from 'Around the Web' Reuters - 4:33PM U.S. deficit to dip in 2015, era of dramatic declines ends: CBO WSJ - 4:32PM Why Home-Builder D.R. Horton's Shrinking Margins Might Be Good For the Rest of Us WSJ - 2:50PM Yes, a Northeast Blizzard Can Slow U.S. Economic Growth Bloomberg - 2:27PM Fed to Raise Rates Midyear Even With Low Inflation, Survey Shows - Bloomberg WSJ - 11:43AM Renters are Pushing for Larger Apartments NAHB - 11:43AM Millennials Seek Smaller Houses, But Won?t Sacrifice Details, Panelists Say CNBC - 9:41AM US can help homeowners, manage risk: HUD secretary Calculated Risk Blog - 9:41AM Black Knight: House Price Index up slightly in November, Up 4.5% year-over-year Bloomberg - 8:36AM D.R. Horton Earnings Beat Estimates as Sales and Orders Jumped - Bloomberg Bloomberg - 8:35AM ECB Bond Purchases Will Fail to Boost Bank Lending, Fitch Says - Bloomberg CNBC - 8:35AM Why Syriza will pay back creditors: Expert Reuters - 12:25AM Eyes on Fed after ECB, other bank stimulus moves CNBC - 12:17AM ECB now faces another battle: Dealing with Greece Reuters - 12:14AM Euro, stocks slip as anti-austerity party wins Greek election Bloomberg - 12:12AM Treasuries Advance as Greek Election Spurs Demand for Safety - Bloomberg Reuters - 12:11AM Exclusive: Big mortgage investors take first step toward suing Ocwen Today's Rates Best Execution Rate Change 30 Yr FRM 3.64% -0.01 15 Yr FRM 3.02% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.63% +0.00 5/1 Yr ARM 3.22% +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 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.63% 0.70 -0.03 15 Yr. Fixed 2.93% 0.60 -0.05 1 Yr. ARM 2.37% 0.40 +0.00 5/1 Yr. ARM 2.83% 0.40 -0.07 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 3.0 102.61 -0.14 30YR FNMA 3.5 105.08 -0.13 30YR GNMA 3.0 103.13 -0.14 30YR GNMA 3.5 105.44 -0.13 15YR FNMA 3.0 104.64 -0.05 15YR FNMA 2.5 102.77 -0.03 Treasuries Yield Change 2 YR 0.5148% +0.0243 5 YR 1.3421% +0.0341 10 YR 1.8284% +0.0376 30 YR 2.3986% +0.0326 Prices as of: 1/26/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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