Daily Newsletter: Prices Up Most in 2 Years; Construction Spending Improved Into Year-End; Rates Lowest in Weeks

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30 Year Fixed 4.18%   -0.03 15 Year Fixed 3.37%   -0.03 10YR Treasury 2.45%   +0.0000 FNMA 30YR 3.5 102.34   0.00 FNMA 15YR 2.5 102.52   0.00 View Today's Rates

Tuesday January 3, 2017 Mortgage Rate Watch - 4:52PM Mortgage Rates Lowest in Weeks Mortgage rates improved slightly to begin 2017, bringing them to the lowest levels in nearly a month, on average. December 8th was the last time rates were lower. During December, conventional ... MND NewsWire - 10:58AM Construction Picked up Pace as Year-End Neared Perhaps construction spending is finally emerging from the doldrums where it has lingered for months. For the second month in a row the Census Bureau reports an uptick in total spending ... MND NewsWire - 9:40AM Prices Jump Most in 2 Years -CoreLogic For the sixth consecutive month , the CoreLogic Home Price Index (HPI) increased on an annual basis by a greater degree than it had in the previous month. The HPI for November 2016 ... Pipeline Press - 9:34AM CFPB Thoughts; Credit Suisse Settles; F&F Changes; Company Fined For a Boat Cruise? (Yes, a paragraph of pure fluff to start the year.) Does anyone handwrite checks anymore? Always a struggle to remember “2017” instead of “2016.” And here’s ... MBS Week Ahead: New Year Begins With Gains Fading; NFP Friday Updates on 2nds; Pricing/Fee Changes; United Shore Settles with DOJ on FHA violations Latest Video Real estate most under-owned sector: BofAML Luxe real estate bubble set to burst? This 36-year bull market is over: Yamada More News from 'Around the Web' NAFCU - 5:15PM CFPB fines Transunion, Equifax $23.1M www.gallup.com - 3:31PM U.S. Economic Confidence Reaches Record High in December freddiemac.mwnewsroom.com - 3:31PM Freddie Mac Announces Final ACIS Transaction of 2016 CNBC - 12:12PM Day 1 of a new Congress, and it's already messy Bloomberg - 10:35AM What'd You Miss in Markets Over the Holidays? CNBC - 10:34AM US construction spending hits more than 10 year high in November Calculated Risk Blog - 10:34AM ISM Manufacturing index increased to 54.7 in December Bloomberg - 8:21AM Wall Street, America's New Landlord, Kicks Tenants to the Curb www.corelogic.com - 8:18AM CoreLogic US Home Price Report Shows Prices Up 7.1 Percent in November 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% -0.03 15 Yr FRM 3.37% -0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.19% -0.04 5/1 Yr ARM 3.01% -0.04 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 4.32% 0.50 +0.02 15 Yr. Fixed 3.55% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.30% 0.50 -0.02 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 99.23 0.00 30YR FNMA 3.5 102.34 0.00 30YR GNMA 3.0 100.95 0.00 30YR GNMA 3.5 103.92 0.00 15YR FNMA 3.0 102.52 0.00 15YR FNMA 2.5 100.14 0.00 Treasuries Yield Change 2 YR 1.2181% +0.0000 5 YR 1.9405% +0.0000 10 YR 2.4463% +0.0000 30 YR 3.0462% +0.0000 Prices as of: 1/3/2017 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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