Daily Newsletter: Rate Hike No Concern; CoreLogic Sees Prices Rising Faster; Lender Exits Correspondent

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30 Year Fixed 4.03%   +0.01 15 Year Fixed 3.25%   +0.00 10YR Treasury 2.24%   -0.0018 FNMA 30YR 3.5 103.31   +0.05 FNMA 15YR 2.5 103.16   +0.08 View Today's Rates

Tuesday January 5, 2016 Mortgage Rate Watch - 5:12PM Mortgage Rates Sideways to Slightly Higher Mortgage rates were essentially unchanged for many lenders today and just barely higher for others. There were no major sources of inspiration as underlying financial markets are still ... MND NewsWire - 11:43AM Rate Hike no Concern for Freddie's Chief Economist Freddie Mac is dismissing concerns of some analysts that the change in the Federal Reserve's monetary policy may bode ill for the housing industry. The company's vice president and ... MND NewsWire - 11:22AM CoreLogic Sees Prices Rising Faster Than Peers Lots of flex in the estimates of home price increases as we reach the end of the year. Last week Case-Shiller put the number (as of October) at 5.2 percent for its national index and ... Pipeline Press - 11:03AM Finance of America Cuts Correspondent; Quicken Loans Legal Setback; FHA & VA Updates For anyone who likes numbers, the U.S. Census Bureau projected the United States population was 322,762,018 on Jan. 1. This is an increase of 2,472,745, or 0.77 percent, from New Year ... MBS Day Ahead: Without Another Win, Clouds Increase Over Bond Market California Home Prices Pulling Back Latest Video Richard Fisher: Real issue in China Santelli: Treasurys in tight range Manhattan real estate prices smash records More News from 'Around the Web' www.gallup.com - 4:34PM Half of Americans Unprepared for Sudden Financial Need Reuters - 4:34PM Deutsche Bank cuts U.S. GDP forecasts freddiemac.mwnewsroom.com - 4:33PM Freddie Mac Starts 2016 by Announcing Intent to Sell Almost $1 Billion in Notes in Upcoming STACR Offering Bloomberg - 2:00PM Bond Traders Skeptical on Fed Rate Path Before December Minutes Reuters - 1:55PM JPMorgan fined $48 million for failures in U.S. robo-signing settlement OCC - 1:55PM OCC Terminates Mortgage Servicing-Related Consent Orders Against JPMorgan Chase and EverBank, Issues Civil Money Penalties Fannie Mae - 12:09PM Fannie Mae Reminds Homeowners and Servicers of Options for Areas Affected by the Midwest Flooding Calculated Risk Blog - 12:09PM Office Vacancy Rate declined in Q4 to 16.3% www.builderonline.com - 12:09PM Major U.S. Cities Could See Boost of Chinese Flight Capital Bloomberg - 9:27AM FOMC Minutes Guide: From 2016 Rate Path to Inflation Projections www.corelogic.com - 9:13AM CoreLogic US Home Price Report Shows Home Prices Up 6.3 Percent Year Over Year in November 2015 Bloomberg - 1:29AM BlackRock Warns on Bonds as Fed Officials Shrug Off Stock Rout Bloomberg - 1:29AM Manhattan Apartment Prices Top Pre-Crisis Record on Luxury Deals Today's Rates Best Execution Rate Change 30 Yr FRM 4.03% +0.01 15 Yr FRM 3.25% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.86% +0.01 5/1 Yr ARM 3.05% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.14% 0.45 +0.00 15 Yr. Fixed 3.39% 0.35 +0.00 30 Yr. Jumbo 4.01% 0.30 -0.01 30 Yr. FHA 3.90% 0.31 -0.01 5/1 ARM 3.25% 0.36 +0.02 Freddie Mac ** 30 Yr. Fixed 3.96% 0.60 -0.01 15 Yr. Fixed 3.22% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.06% 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 3.0 100.19 +0.09 30YR FNMA 3.5 103.31 +0.05 30YR GNMA 3.0 101.44 +0.08 30YR GNMA 3.5 104.17 +0.03 15YR FNMA 3.0 103.16 +0.08 15YR FNMA 2.5 100.98 +0.09 Treasuries Yield Change 2 YR 1.0199% -0.0120 5 YR 1.7138% -0.0165 10 YR 2.2374% -0.0018 30 YR 2.9967% +0.0127 Prices as of: 1/5/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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