Daily Newsletter: Rates Hold Steady After Fed; New Home Sales Near 8-Year High; Refis Outpacing Purchases

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30 Year Fixed 3.84%   +0.00 15 Year Fixed 3.12%   +0.00 10YR Treasury 2.00%   -0.0087 FNMA 30YR 3.5 104.34   +0.08 FNMA 15YR 2.5 103.95   +0.06 View Today's Rates

Wednesday January 27, 2016 Mortgage Rate Watch - 5:30PM Mortgage Rates Hold Steady After Fed Announcement Mortgage rates pulled off a come-from-behind victory following today's Fed Announcement. This time around, the Fed wasn't at all likely to make any changes to the Fed Funds rate, but ... MND NewsWire - 10:41AM New Home Sales Very Close to 8-Year High New home sales more or less blew away the experts in December, coming in at a seasonally adjusted annual rate of 544,000 units. The Census Bureau and the Department of Housing and Urban ... MND NewsWire - 9:09AM Refinancing Still Driving Mortgage Applications Refinancing continued to buoy up mortgage application volume during the week ended January 22 as interest rates fell back to levels last seen in the mid-fall of 2015. Purchase mortgage ... Pipeline Press - 9:31AM Subservicer Review; New Mortgage Products; More on Risk Sharing There are traveler trailers and motor homes but have you heard of a Home RV? EscapeHomes owner Dan Dobrowoski has created a tiny home, the Traveler XL that is also movable, and it's ... Differences Between Current and Previous FOMC Statements MBS Day Ahead: Fed's Not Hiking, but Still Might Offer Clues Latest Video Bill Gross: US economy headed for recession New home sales: 'A nice big beat' What did the Fed cover in its statement? More News from 'Around the Web' Calculated Risk Blog - 4:22PM FOMC Statement: No Change to Policy, Uncertain about rise in inflation Market Watch - 4:21PM Treasury yields plummet after dovish Fed statement Bloomberg - 12:30PM Treasury Traders Becoming `24 Hour Party People,' JPMorgan Says CNBC - 10:11AM Caterpillar: Retail sales still falling sharply CNBC - 10:09AM New home sales hit 544K units in Dec, versus 500K-unit rate estimate CNBC - 8:55AM How Fed should respond to market diss: BlackRock Bloomberg - 8:44AM Bond Bulls Bank on Fed Mention of Market Chaos as Drag on Growth Reuters - 1:54AM Fed seen keeping interest rates steady amid market volatility NAFCU - 1:50AM CBO: Wages will outpace home prices in 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 3.84% +0.00 15 Yr FRM 3.12% +0.00 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.68% +0.01 5/1 Yr ARM 3.06% +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 3.81% 0.60 -0.11 15 Yr. Fixed 3.10% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.91% 0.50 -0.10 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 3.0 101.63 +0.11 30YR FNMA 3.5 104.34 +0.08 30YR GNMA 3.0 102.59 +0.09 30YR GNMA 3.5 104.95 +0.06 15YR FNMA 3.0 103.95 +0.06 15YR FNMA 2.5 101.92 +0.05 Treasuries Yield Change 2 YR 0.8370% -0.0072 5 YR 1.4104% -0.0263 10 YR 1.9959% -0.0087 30 YR 2.7950% +0.0030 Prices as of: 1/27/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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