Daily Newsletter: Mixed Bag Rates; Trulia Notes Higher Sale Fails; MBA Expects Decline in Purchases

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30 Year Fixed 4.11%   +0.02 15 Year Fixed 3.32%   +0.02 10YR Treasury 2.36%   -0.0108 FNMA 30YR 3.5 102.84   -0.02 FNMA 15YR 2.5 102.95   +0.03 View Today's Rates

Thursday January 12, 2017 Mortgage Rate Watch - 5:33PM Mixed Bag For Mortgage Rates Amid Market Volatility Mortgage rates were mixed today , depending on the lender. Discrepancies between lenders have been higher than normal over the last 24 hours for several reasons. This began yesterday ... MND NewsWire - 9:40AM Trulia Notes Increasing Incidence of Failed Sales It ain't over 'til it's over, and that seems to be increasingly true of contacted home sales. Trulia reported on Wednesday that, "Deals to sell homes are falling through at a faster ... MND NewsWire - 9:32AM MBA Expects December Decline in New Home Sales New home sales are projected to fall in December relative to November, not an unexpected pattern as the year-end holidays approach. The Mortgage Bankers Association (MBA) says its Builder ... Pipeline Press - 9:29AM Reverse Mortgage Trends: NY Proposal, HECM Purchase Program, and Upcoming Conference Ever wondered how much Ben Carson is worth, where he puts his money, and how much money he earns? Here you go . His hearing is today for the HUD spot. "...it's difficult for a child ... MBS Day Ahead: Downtrend Taking Shape; Focusing on Stocks and Technicals Applications Continue Stabilizing as Rates Recover Latest Video Warren: Carson can't assure HUD money won't go to Trump Fed's Bullard: No reason to move rates now Fed's Bullard on reforming the Fed More News from 'Around the Web' CNBC - 5:06PM Santoli: Stocks on edge as air leaks out of the Trump reflation trade CNBC - 3:01PM St. Louis Fed's Bullard says Trump effects only apparent over time www.redfin.com - 2:59PM 9 Creative Ways to Make Your Home Look More Expensive Calculated Risk Blog - 2:59PM Question #2 for 2017: How much will the economy grow in 2017? The Atlantic - 2:59PM Donald Trump Says '96 Million' Are Looking for Work Reuters - 2:59PM Fed officials see quick economic boost from Trump, risks to follow Market Watch - 1:47PM What to expect from Wells Fargo earnings: Impact of sales-tactics scandal Reuters - 1:41PM Yellen had 'super risky' proposal for Fed's 2011 low-rate vow: transcripts CNBC - 12:16PM HUD nominee Dr. Ben Carson refuses to assure HUD money will not go to Trump empire Calculated Risk Blog - 12:16PM Lawler: New "Household" Numbers, Same Old Conundrum freddiemac.mwnewsroom.com - 10:17AM Mortgage Rates Lower Again www.builderonline.com - 9:42AM How Inflation Will Affect Home Builders in 2017 Market Watch - 8:54AM The Fed: Fed's Harker backs three interest-rate hikes this year CNBC - 8:54AM US import prices rise on petroleum Market Watch - 8:54AM Fed's Bullard says Trump economic policies will have little impact this year Reuters - 8:51AM U.S. property foreclosures at 10-year low in 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 4.11% +0.02 15 Yr FRM 3.32% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.17% +0.02 5/1 Yr ARM 3.00% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.12% 0.50 -0.08 15 Yr. Fixed 3.37% 0.50 -0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.23% 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 99.70 -0.02 30YR FNMA 3.5 102.84 -0.02 30YR GNMA 3.0 101.27 +0.11 30YR GNMA 3.5 104.03 +0.09 15YR FNMA 3.0 102.95 +0.03 15YR FNMA 2.5 100.50 +0.02 Treasuries Yield Change 2 YR 1.1773% -0.0082 5 YR 1.8626% -0.0165 10 YR 2.3595% -0.0108 30 YR 2.9604% +0.0072 Prices as of: 1/12/2017 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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