Daily Newsletter: Rates Head Back Toward Long Term Lows; Housing Starts Fall; Refi Applications Rise

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30 Year Fixed 3.84%   -0.05 15 Year Fixed 3.12%   -0.03 10YR Treasury 1.99%   -0.0628 FNMA 30YR 3.5 104.19   +0.27 FNMA 15YR 2.5 103.80   +0.13 View Today's Rates

Wednesday January 20, 2016 Mortgage Rate Watch - 5:01PM Rates Head Back Toward Long Term Lows Mortgage rates fell today , bringing them back in line with the lowest levels in more than 2 months and very near the best levels since late April 2015. The surprisingly strong performance ... MND NewsWire - 10:31AM Residential Construction Down but Close to Consensus Both housing starts and residential construction permits declined in December compared to November. A joint release from the U.S. Census Bureau and the Department of Housing and Urban ... MND NewsWire - 9:00AM Lower Rates Spur Refi Applications Applications for mortgages rose significantly during the week ended January 15 as fixed rate mortgage interest rates fell to the lowest levels since mid-autumn. The Mortgage Bankers ... Pipeline Press - 10:48AM Subservicer Reviews; QC contest; Big Bank Mortgage Stats; Guide for Online Business Activities If you think regulatory trends aren't influencing businesses, big and small, think again. In the latest "big" example, insurance company MetLife said it will sell or spin off most of ... MBS Day Ahead: Bond Fires Can Burn As Long As There's Fuel Despite Price Gains Affordability Depends on Geography Latest Video Santelli Exchange: Back to ZIRP and QE? Housing starts down 2.5% in December Santelli: Rates defrost as stocks melt More News from 'Around the Web' rss.nytimes.com - 3:55PM Economic Trends: How to Make Sense of Plummeting Global Markets Calculated Risk Blog - 3:55PM AIA: "Architecture Billings Index Ends Year on Positive Note" Market Watch - 3:55PM Yellen to testify about outlook to Congress on Feb. 10 Realtor.Org - 3:55PM How Are Closings Going? CNBC - 1:17PM Gundlach: Declines not stopping soon CNBC - 10:53AM Corporate Bond Market Concerns Bloomberg - 10:51AM How Do You Define Bond Liquidity? US Treasury Wants to Know newsroom.bankofamerica.com - 8:41AM Survey Finds Investors Significantly Less Confident in Global Economic Outlook CNBC - 8:38AM US housing starts, permits fall 2.5% freddiemac.mwnewsroom.com - 12:52AM Freddie Mac Prices First Guaranteed Multifamily Small Balance Loan Securitization of 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.84% -0.05 15 Yr FRM 3.12% -0.03 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.68% -0.04 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 4.12% 0.38 -0.08 15 Yr. Fixed 3.42% 0.39 -0.05 30 Yr. Jumbo 4.02% 0.30 -0.07 30 Yr. FHA 3.90% 0.34 -0.05 5/1 ARM 3.42% 0.39 -0.05 Freddie Mac ** 30 Yr. Fixed 3.92% 0.60 -0.05 15 Yr. Fixed 3.19% 0.50 -0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.01% 0.40 -0.08 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 3.0 101.45 +0.33 30YR FNMA 3.5 104.19 +0.27 30YR GNMA 3.0 102.44 +0.11 30YR GNMA 3.5 104.66 -0.06 15YR FNMA 3.0 103.80 +0.13 15YR FNMA 2.5 101.77 +0.17 Treasuries Yield Change 2 YR 0.8293% -0.0407 5 YR 1.4247% -0.0605 10 YR 1.9946% -0.0628 30 YR 2.7664% -0.0613 Prices as of: 1/20/2016 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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