Daily Newsletter: Rates Lowest in Nearly 2 Months; Mortgage Application Healing Continues; Program Updates

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30 Year Fixed 4.09%   -0.05 15 Year Fixed 3.30%   -0.03 10YR Treasury 2.37%   -0.0163 FNMA 30YR 3.5 102.86   +0.16 FNMA 15YR 2.5 102.92   +0.08 View Today's Rates

Wednesday January 11, 2017 Mortgage Rate Watch - 3:57PM Mortgage Rates Lowest in Nearly 2 Months Mortgage rates fell today , in many cases to levels not seen in well over a month . The average lender was just a hair better than last Thursday, meaning you'd have to go back to November ... Pipeline Press - 9:24AM The Ceaseless Lender and Investor FHA, VA, Fannie, Freddie Program Changes While rumors swirl about the topic for the phone call with Stearns Lending’s correspondent-wide staff today (let’s hope its good news), Richard Cordray’s job future ... MBS Commentary - 8:45AM MBS Day Ahead: Waiting For a Range Break, and 10yr Treasury Auction To a significantly greater degree than yesterday's 3yr Treasury auction, today's 10yr auction will have the power to confirm a trend we were beginning to see at the end of last year ... MND NewsWire - 8:22AM Applications Continue Stabilizing as Rates Recover Mortgage applications continue to decompress from the two-week holiday moratorium as well as from the usual holiday business interruptions, so it is hard to know where volumes really ... Everything You Ever Wanted to Know About Housing in 2014-15 Foreclosures Approach Normal Level Latest Video Trump's plans for rebooting the economy Trump exciting 'animal spirits' in housing: Robert Shiller The market's reaction to Trump's news conference More News from 'Around the Web' Calculated Risk Blog - 2:43PM Phoenix Real Estate in December: Sales up 6%, Inventory down 3% NMHC - 2:06PM Industry Supports Expanded Private Flood Insurance Rule CNBC - 12:34PM Markets wait for stimulus talk from Trump, but don't get it Bloomberg - 11:42AM The Gundlach vs. Gross 10-Year Bond Yield Debate - Bloomberg Video freddiemac.mwnewsroom.com - 11:41AM Freddie Mac Leads Nation as Top Multifamily Lender for Second Year in a Row CNBC - 10:10AM Three things to watch as the big US banks turn in their quarterly results CNBC - 10:06AM Trump will soon be begging the Fed for QE4: Marc Faber Bloomberg - 10:06AM Fed on Edge as Trump Growth Bump Boosts Risks of Rate-Hike Error Bloomberg - 9:53AM Suddenly, Home Sale Agreements Are Falling Apart Across the U.S. eyeonhousing.org - 9:53AM Builders Satisfy Demand for Open Floor Plans Calculated Risk Blog - 9:43AM Thoma: "Here's what really caused the housing crisis" Today's Rates Best Execution Rate Change 30 Yr FRM 4.09% -0.05 15 Yr FRM 3.30% -0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.15% -0.04 5/1 Yr ARM 2.98% -0.03 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 4.20% 0.50 -0.12 15 Yr. Fixed 3.44% 0.50 -0.11 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.33% 0.40 +0.03 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 99.72 +0.14 30YR FNMA 3.5 102.86 +0.16 30YR GNMA 3.0 101.16 +0.14 30YR GNMA 3.5 103.94 +0.11 15YR FNMA 3.0 102.92 +0.08 15YR FNMA 2.5 100.48 +0.02 Treasuries Yield Change 2 YR 1.1855% -0.0081 5 YR 1.8791% -0.0001 10 YR 2.3703% -0.0163 30 YR 2.9532% -0.0144 Prices as of: 1/11/2017 4:32PM 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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