Daily Newsletter: What's Really Going on with Rates Today?; NAHB Hopes Jobs Buoy Housing; Ugly Day for Bond Markets; Zombies Rise!

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30 Year Fixed 3.72%   +0.09 15 Year Fixed 3.02%   +0.02 10YR Treasury 1.96%   +0.1483 FNMA 30YR 3.5 104.89   -0.52 FNMA 15YR 2.5 104.80   -0.30 View Today's Rates

Friday February 6, 2015 Mortgage Rate Watch - 4:56PM Everything You Read About Mortgage Rates This Week is Wrong! (Except This) Mortgage rates shot higher at their fastest pace in nearly a year today following this morning's employment data. This also leaves rates at their highest levels since early January ... MND NewsWire - 2:16PM NAHB Counting on Employment Strength to Eventually Help Housing The National Association of Home Builders ( NAHB ) said today that nationwide metropolitan area markets are improving at a constant pace and are nearing normal economic and housing ... MBS Commentary - 2:07PM MBS MID-DAY: Ugly Morning For Bond Markets; Strong Jobs Numbers Add to Pain This morning's MUCH -stronger than expected NFP hit bond markets while they were already on the back foot in terms of the February trend. It followed another "higher low" in German ... MND NewsWire - 2:02PM Zombies Rise as Foreclosure Pipelines Clear As might be expected, as the number of foreclosures has dwindled , so has the number of so-called zombies . However RealtyTrac said on Friday their share of all foreclosures has continued ... Lots of Agency Updates; Volume Estimates for 2015 - Helped by New Mod Plan? MBS Day Ahead: Here's Why NFP Means Absolutely Nothing Past the Next Few Hours Latest Video Fed's Plosser, 'cusp' of raising rates Jobs report 'tipping point' The week ahead: Greece on EU's docket More News from 'Around the Web' Bloomberg - 4:47PM Home Building: The Jobs Revival That Will Surprise in 2015 - Bloomberg Bloomberg - 4:41PM The Week Ahead: Greece's Balancing Act - Bloomberg CNBC - 3:45PM Experts: Yes, US jobs report is good, but ... WSJ - 3:45PM U.S. Consumers Swipe Way to Largest Increase in Revolving Credit Since March Federal Reserve - 3:44PM 2015-006: The Determinants of Subprime Mortgage Performance Following a Loan Modification www.realtor.com - 3:43PM Buying a Home? Try It Out WSJ - 1:41PM Job Losses Start To Hit the Surprisingly Resilient U.S. Oil Industry WSJ - 1:41PM Lockhart Says Fed Still on Path for Rate Rise Around Midyear or Later Bloomberg - 1:37PM 'Sell Treasuries!' Cry Heard Across Wall Street Stunned by Jobs - Bloomberg CNBC - 1:37PM S&P downgrades Greece, says time is running out WSJ - 1:37PM Janet Yellen to Testify to Senate Committee Feb. 24 CNN - 1:36PM Where zombie foreclosures are making a comeback Market Watch - 12:12PM The Fed: Investors price in another rate hike after jobs data Market Watch - 12:12PM The Tell: Greeks swiftly move capital to Germany as crisis looms Reuters - 12:10PM Isolated Greece rejects bailout extension CNBC - 11:59AM Red hot real estate in San Francisco Calculated Risk Blog - 9:04AM January Employment Report: 257,000 Jobs, 5.7% Unemployment Rate Bloomberg - 9:03AM Oil Plunge Pause Improves Outlook for MBS Relative Value WSJ - 9:03AM Benefits of Aggressive Fed Policy Still to Peak, Fed Paper Says Today's Rates Best Execution Rate Change 30 Yr FRM 3.72% +0.09 15 Yr FRM 3.02% +0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.75% +0.12 5/1 Yr ARM 3.12% +0.04 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 3.59% 0.70 -0.07 15 Yr. Fixed 2.92% 0.60 -0.06 1 Yr. ARM 2.39% 0.40 +0.01 5/1 Yr. ARM 2.82% 0.40 -0.04 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 3.0 102.14 -0.77 30YR FNMA 3.5 104.89 -0.52 30YR GNMA 3.0 102.72 -0.61 30YR GNMA 3.5 105.13 -0.42 15YR FNMA 3.0 104.80 -0.30 15YR FNMA 2.5 102.69 -0.52 Treasuries Yield Change 2 YR 0.6515% +0.1277 5 YR 1.4887% +0.1851 10 YR 1.9636% +0.1483 30 YR 2.5316% +0.1046 Prices as of: 2/6/2015 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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