Daily Newsletter: Current Path Leads To All-Time Low Rates; Foreclosure Metrics Down Big in 2015

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30 Year Fixed 3.62%   -0.07 15 Year Fixed 2.95%   -0.04 10YR Treasury 1.73%   -0.0257 FNMA 30YR 3.5 105.02   +0.08 FNMA 15YR 2.5 104.50   +0.02 View Today's Rates

Tuesday February 9, 2016 Mortgage Rate Watch - 4:13PM Mortgage Rates Well Into Mid 3's Mortgage rates kept moving lower today as global financial markets remain in distress. This time around, the improvement wasn't as much about the bond market gains as it was about lenders ... MND NewsWire - 10:52AM Foreclosure Metrics Declined nearly a Quarter in 2015 The number of properties in the process of foreclosure nationwide dropped by nearly a quarter from the end of 2014 to the end of this past year. CoreLogic said today that homes in that ... MBS Commentary - 7:34AM MBS Day Ahead: This Road Leads to New All-Time Low Rates "It's the middle of the night on February 8-9th 2016, and 10yr yields are trading in the mid 1's." That's not a phrase many people thought they'd be able to say if you'd asked them ... Pipeline Press - 10:44AM Training and Seminars; Ops VP Weighs In on TRID "Have you heard the latest statistics joke? Probably." CNN reports the latest data from the IRS finds the top 10% of Americans make $128,000 in minimum adjusted gross income versus ... Housing Attitudes Take Turn For The Worse Lots of Attention on New Lehman Brothers Lawsuit; Lender's Super Bowl Ad Results Latest Video How low will yields go? Hope for a more transparent Fed What to expect from the Fed More News from 'Around the Web' Reuters - 4:33PM More Americans quitting jobs as labor market strengthens Market Watch - 4:30PM Mortgages are more likely to be approved when it's sunny, research finds CNBC - 3:08PM Trading the fall in yields to zero Reuters - 3:08PM Yellen faces tough sell on Fed rate hikes in Congress CNBC - 3:08PM US investors ponder negative rates Market Watch - 3:08PM The Wall Street Journal: CFPB presses banks to offer 'small-dollar loans' OCC - 3:07PM OCC Terminates Mortgage Servicing-Related Consent Orders Against U.S. Bank and Santander, Issues Civil Money Penalties Market Watch - 3:07PM Deutsche Bank may buy back billions of euros of debt: FT webfeeds.brookings.edu - 12:46PM Should we worry about China's economy? www.realtor.com - 12:45PM Renters Pay $112 More a Year for Car Insurance Bloomberg - 10:59AM German Finance Minister Schaeuble Has 'No Concerns' Over Deutsche Bank CNBC - 9:34AM Subprime auto loans, delinquencies keep rising Bloomberg - 8:56AM World's Negative-Yielding Bond Pile Tops $7 Trillion: Chart www.corelogic.com - 8:55AM CoreLogic Reports 32,000 Completed Foreclosures in December 2015 Today's Rates Best Execution Rate Change 30 Yr FRM 3.62% -0.07 15 Yr FRM 2.95% -0.04 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.45% -0.04 5/1 Yr ARM 2.89% -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 3.97% 0.41 -0.05 15 Yr. Fixed 3.22% 0.37 -0.06 30 Yr. Jumbo 3.84% 0.26 -0.05 30 Yr. FHA 3.80% 0.35 -0.03 5/1 ARM 3.00% 0.34 -0.09 Freddie Mac ** 30 Yr. Fixed 3.72% 0.60 -0.07 15 Yr. Fixed 3.01% 0.50 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.85% 0.40 -0.05 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 3.0 102.73 +0.17 30YR FNMA 3.5 105.02 +0.08 30YR GNMA 3.0 103.50 +0.28 30YR GNMA 3.5 105.42 +0.16 15YR FNMA 3.0 104.50 +0.02 15YR FNMA 2.5 102.63 0.00 Treasuries Yield Change 2 YR 0.6901% +0.0159 5 YR 1.1513% -0.0146 10 YR 1.7260% -0.0257 30 YR 2.5500% -0.0278 Prices as of: 2/9/2016 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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