Daily Newsletter: Rates Moved Even Lower Today Than You May Have Heard; Mortgage Credit Eases For 4th Straight Month

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30 Year Fixed 4.10%   -0.10 15 Year Fixed 3.31%   -0.08 10YR Treasury 2.35%   -0.0874 FNMA 30YR 3.5 102.84   +0.48 FNMA 15YR 2.5 102.86   +0.34 View Today's Rates

Thursday January 5, 2017 Mortgage Rate Watch - 4:08PM Rates Moved Even Lower Today Than You May Have Heard It's Thursday and thus time, once again, for the weekly mortgage rate survey from Freddie Mac. Over time and in the bigger picture, Freddie's survey is an accurate way to track broad ... MND NewsWire - 9:54AM Mortgage Credit Eases for 4th Straight Month Access to credit continued to inch up last month according to the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI). The index rose 0.6 percent to 175 ... Pipeline Press - 9:51AM Training/Webinars; Bank Mergers Continue - How Many Banks Were There in 1921? This morning we’ve had the Challenger layoff data and the usual Thursday’s weekly Initial Jobless Claims (and its 4-week moving average). Things aren’t great out there ... MBS Commentary - 8:35AM MBS Day Ahead: Waiting to See if ISM Data Can Move Markets Ahead of NFP Tomorrow NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my venue to offer deep thoughts with ... A New Twist on Owner Occupancy Fraud Credit Companies Penalized; FHA and VA Lender Changes Latest Video Fed's Williams: Three rate hikes sound reasonable ADP December payrolls up 153K December job cuts up 25%: Challenger More News from 'Around the Web' www.cfpbmonitor.com - 4:36PM CFPB releases report on student loan debt owed by older consumers Bloomberg - 3:40PM Fed's Williams Sees Three-Hike 2017 Outlook as 'Very Reasonable' - Bloomberg Calculated Risk Blog - 3:39PM Reis: Apartment Vacancy Rate declined in Q4 to 4.1% Calculated Risk Blog - 3:39PM December Employment Preview Market Watch - 1:25PM If Fed had followed Taylor rule, it would have caused substantial job loss, Kashkari says Bloomberg - 12:40PM FOMC Minutes Fill in Fed Statement Blanks: Porcelli - Bloomberg Reuters - 11:31AM U.S. crude stocks fall sharply, products surge freddiemac.mwnewsroom.com - 11:30AM Mortgage Rates Start the Year Lower CNBC - 10:13AM ISM non-manufacturing index hits 57.2 vs estimate of 56.6 CNBC - 9:58AM Op-Ed: The Fed is using the wrong model eyeonhousing.org - 9:57AM Age of Housing Stock by State CNBC - 8:37AM US jobless claims fall to near 43-year low CNBC - 8:37AM Do you think you know your real credit score? Well, think again. CNBC - 8:36AM The real estate agents selling $6 million NYC apartments via Snapchat Reuters - 8:35AM Private sector adds 153,000 jobs in December: ADP Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% -0.10 15 Yr FRM 3.31% -0.08 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.15% -0.06 5/1 Yr ARM 2.99% -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 99.78 +0.58 30YR FNMA 3.5 102.84 +0.48 30YR GNMA 3.0 101.35 +0.44 30YR GNMA 3.5 104.25 +0.31 15YR FNMA 3.0 102.86 +0.34 15YR FNMA 2.5 100.53 +0.42 Treasuries Yield Change 2 YR 1.1700% -0.0520 5 YR 1.8500% -0.0806 10 YR 2.3516% -0.0874 30 YR 2.9436% -0.0953 Prices as of: 1/5/2017 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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