Daily Newsletter: Lower Mortgage Insurance on FHA to be Announced Tomorrow; Mortgage Rate Dichotomy; Delinquencies Spiked in Nov

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30 Year Fixed 3.71%   +0.03 15 Year Fixed 3.05%   +0.03 10YR Treasury 1.97%   +0.0258 FNMA 30YR 3.5 105.03   -0.20 FNMA 15YR 2.5 104.41   0.00 View Today's Rates

Wednesday January 7, 2015 Mortgage Rate Watch - 5:03PM Mortgage Rates Higher, but Still Stellar Mortgage rates moved slightly higher today, but remained close to the lowest they've been since May 2013. The only day with any lower rates since then, was yesterday. The pull-back ... MND NewsWire - 10:06AM Researchers Argue for Lower FHA Premiums In mid-November the Federal Housing Administration (FHA) announced that its Mutual Mortgage Insurance Fund (MMI) had returned to solvency . The fund, damaged by the collapse in housing ... MBS Commentary - 5:03PM MBS RECAP: Conforming MBS Hold 2-Day Range; Govies Not so Much It actually turned out to be a rather boring day for the parts of the bond market with which we normally concern ourselves. Treasuries and conforming MBS both held well-inside yesterday ... MND NewsWire - 9:58AM Delinquencies Spiked in November; Annual Trend Continues Lower Black Knight Financial Services, a division of Fidelity National Financial, has released its "first look" at November mortgage performance data. The company provides this monthly preview ... MBS MID-DAY: Bonds Holding Ground in Slightly Weaker Territory Info on Strategic Planning; Millennial Impact; Will Bond Market Rally Actually Help Borrowers? No Surprise: Mortgage Apps Sapped by Holidays MBS Day Ahead: FOMC Minutes Today! How'd That Sneak up on Us? Latest Video Fed: Could hike at current level of core inflation Obama to reduce FHA mortgage premiums Futures Now: 10-year below 2% More News from 'Around the Web' CNBC - 4:47PM Santelli: Debating rates crazy WSJ - 3:39PM Highlights from the December Fed Minutes Federal Reserve - 2:42PM Minutes of the Federal Open Market Committee, December 16-17, 2014 CNBC - 2:42PM Fed hike could come with low inflation: Minutes Calculated Risk Blog - 2:42PM FOMC Minutes: "Participants would want to be reasonably confident that inflation will move back toward 2 percent over time" Bloomberg - 2:37PM Yellen Tells Bond Traders Not to Pay Too Much Attention to Oil - Bloomberg CNBC - 1:59PM FHA to lower cost of mortgage insurance CNBC - 1:59PM Some bond investors don't mind losing Fannie Mae - 1:59PM News Release - Consumers Not Ready to Move on Housing ... WSJ - 12:05PM Why Apartment-Rent Gains Could Begin To Slow Down CNBC - 11:01AM Obama to announce cut in FHA premiums -Bloomberg WSJ - 10:06AM Deflation Threat Level Rises for ECB CNBC - 9:41AM US international trade deficit at $39B Calculated Risk Blog - 8:21AM ADP: Private Employment increased 241,000 in December CNBC - 8:20AM Mortgage applications take unusually big break WSJ - 8:20AM 5 Things to Watch in the Fed's December Minutes Today's Rates Best Execution Rate Change 30 Yr FRM 3.71% +0.03 15 Yr FRM 3.05% +0.03 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.65% +0.02 5/1 Yr ARM 3.25% +0.03 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 3.87% 0.60 +0.04 15 Yr. Fixed 3.15% 0.60 +0.05 1 Yr. ARM 2.40% 0.40 +0.01 5/1 Yr. ARM 3.01% 0.50 +0.00 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 3.0 102.36 -0.20 30YR FNMA 3.5 105.03 -0.20 30YR GNMA 3.0 103.06 -0.52 30YR GNMA 3.5 105.28 -0.53 15YR FNMA 3.0 104.41 0.00 15YR FNMA 2.5 102.50 0.00 Treasuries Yield Change 2 YR 0.6131% -0.0159 5 YR 1.4779% -0.0001 10 YR 1.9677% +0.0258 30 YR 2.5303% +0.0259 Prices as of: 1/7/2015 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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