Daily Newsletter: Mortgage Rates Down to New 8-Month Lows; West Leads National Home Price Increase

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30 Year Fixed 3.77%   -0.03 15 Year Fixed 3.07%   -0.02 10YR Treasury 1.86%   -0.0900 FNMA 30YR 3.5 104.75   +0.28 FNMA 15YR 2.5 104.27   +0.19 View Today's Rates

Tuesday February 2, 2016 Mortgage Rate Watch - 4:35PM Mortgage Rates Down to New 8-Month Lows Mortgage rates only paused for a brief moment of reflection yesterday before continuing with 2016's trend of improvement. Today's gains bring them easily back to new 8-month lows . ... MND NewsWire - 10:55AM West Leads Nation with Double Digit Price Increases Once again a report on home price changes indicates that appreciation has not yet slowed . CoreLogic issued a report on its Home Price Index for December of Tuesday which indicates ... Pipeline Press - 9:14AM MI Company Direction; Disaster Policy Updates; Appraisal Trends Where does the penalty money that the CFPB collects go? And is it correctly disbursed? The Office of the Inspector General (OIG) has some thoughts on whether or not the flow of funds ... MBS Commentary - 7:34AM MBS Day Ahead: Repeating Eerie Historical Patterns. Maybe It's Nothing, But... When things have been unexpectedly as good as they have been for as long as they have been, one of the side-effects can be increased anxiety about the good times going away. As the ... Cash-Out Refi Surge and Affordability Questions as Prices Rise Construction Spending Rises Less Than Expected Latest Video Cashin on market concerns Santelli: Treasury yields sink Q4 GDP tracking lower at 0.5% More News from 'Around the Web' freddiemac.mwnewsroom.com - 4:28PM Freddie Mac Names Top Multifamily Lenders of 2015 Reuters - 2:02PM Fed's George sees more rate hikes coming despite market swings Reuters - 1:59PM Morgan Stanley in $63 million deal with FDIC over mortgage bonds The Atlantic - 1:59PM What's the Best Way to Address Homelessness? Calculated Risk Blog - 1:59PM The Return of Alt-A? freddiemac.mwnewsroom.com - 11:29AM Freddie Mac Statement on New Independent Resolution Process for Representation and Warranties Disputes freddiemac.mwnewsroom.com - 10:53AM Freddie Mac Announces Record Support for Very Affordable Rental Housing in 2015 Calculated Risk Blog - 10:53AM CoreLogic: House Prices up 6.3% Year-over-year in December eyeonhousing.org - 8:42AM Features Most Likely to Show up in Typical Single-family Home in 2016 www.corelogic.com - 8:42AM CoreLogic US Home Price Report Shows Home Prices Up 6.3 Percent Year Over Year in December 2015 CNBC - 8:39AM Treasury yields sink as safe-haven buying continues Reuters - 12:23AM U.S. oil falls on China economic woes, rising OPEC supply Calculated Risk Blog - 12:20AM Fannie Mae: Mortgage Serious Delinquency rate declined in December Today's Rates Best Execution Rate Change 30 Yr FRM 3.77% -0.03 15 Yr FRM 3.07% -0.02 FHA 30 Year Fixed 3.40% -0.05 Jumbo 30 Year Fixed 3.58% -0.04 5/1 Yr ARM 3.02% -0.04 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 4.02% 0.40 -0.04 15 Yr. Fixed 3.28% 0.37 -0.01 30 Yr. Jumbo 3.89% 0.25 -0.04 30 Yr. FHA 3.83% 0.38 -0.03 5/1 ARM 3.09% 0.34 -0.11 Freddie Mac ** 30 Yr. Fixed 3.79% 0.60 -0.02 15 Yr. Fixed 3.07% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.90% 0.50 -0.01 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 3.0 102.20 +0.42 30YR FNMA 3.5 104.75 +0.28 30YR GNMA 3.0 103.03 +0.27 30YR GNMA 3.5 105.31 +0.19 15YR FNMA 3.0 104.27 +0.19 15YR FNMA 2.5 102.34 +0.23 Treasuries Yield Change 2 YR 0.7460% -0.0514 5 YR 1.2794% -0.0875 10 YR 1.8620% -0.0900 30 YR 2.6713% -0.0762 Prices as of: 2/2/2016 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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