Daily Newsletter: Rates Resume Uptrend; Price Gains Staying Above 6% Annually; Strong Purchase Apps

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30 Year Fixed 4.28%   +0.05 15 Year Fixed 3.47%   +0.04 10YR Treasury 2.52%   +0.0538 FNMA 30YR 3.5 101.83   -0.23 FNMA 15YR 2.5 102.33   -0.14 View Today's Rates

Wednesday January 25, 2017 Mortgage Rate Watch - 4:59PM Mortgage Rates Resume Big-Picture Uptrend Mortgage rates moved higher for the 5th time in the past 6 business days. The past 2 days have combined to bring rates a full .125% higher. That's the increment by which rates are most ... MND NewsWire - 10:29AM Home Price Gains Still Above 6% Year-Over-Year Home prices continued their nearly unabated upward trend in November according to data released on Wednesday by the Federal Housing Finance Agency (FHFA). FHFA's Housing Price Index ... Pipeline Press - 9:02AM Bank M&A Continues; Primer on LIBOR; What if the Fed Stops Buying MBS? "If you want to be successful on the highest level, be willing to serve on the lowest." That is a great statement for companies who take charity work to heart. Taking liberties with ... MND NewsWire - 8:46AM Purchase Applications at 7-Month High Applications for purchase mortgages increased during the week ended January 20, pushing the Mortgage Bankers Association's (MBA's) Market Composite Index higher despite increasing interest ... MBS Day Ahead: Bonds Approaching Next Important Ceiling as Weakness Continues Existing Home Inventory Hits Record Low Latest Video Here's what happens when GDP, inflation, and the 10 yr are all around 2% Home Depot up over 400% since Dow 10K in 2009 Inflation is the big risk in the Trump trade: Pro More News from 'Around the Web' CNBC - 3:06PM Government's Fannie Mae will back PE giant Blackstone's rental homes debt www.realtor.com - 3:06PM California Housing Crunch Prompts Push to Allow Building www.builderonline.com - 3:06PM U.S. Housing Shortage is Worst on the West Coast, New Study Finds Reuters - 1:30PM Dow's climb from 10,000 to 20,000 was unusually slow CNBC - 1:30PM Watch live: White House spokesman Spicer gives briefing amid flurry of executive orders CNBC - 10:13AM Measured Dow 20,000 reaction feels different than bubble-fueled Dow 10,000 party, investors say www.redfin.com - 8:52AM Luxury Home Prices Were Nearly Flat Last Quarter; Rest of the Market Showed Substantial Gains Market Watch - 8:50AM Why there may not be a bloodbath in the bond market after all Bloomberg - 8:48AM Treasuries Fall Amid Gains for Risk Assets, EGB Selloff Today's Rates Best Execution Rate Change 30 Yr FRM 4.28% +0.05 15 Yr FRM 3.47% +0.04 FHA 30 Year Fixed 3.85% +0.10 Jumbo 30 Year Fixed 4.35% +0.06 5/1 Yr ARM 3.09% +0.06 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 4.09% 0.50 -0.03 15 Yr. Fixed 3.34% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.21% 0.40 -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 98.54 -0.29 30YR FNMA 3.5 101.83 -0.23 30YR GNMA 3.0 100.39 -0.23 30YR GNMA 3.5 103.33 -0.05 15YR FNMA 3.0 102.33 -0.14 15YR FNMA 2.5 99.73 -0.20 Treasuries Yield Change 2 YR 1.2401% +0.0436 5 YR 1.9781% +0.0450 10 YR 2.5172% +0.0538 30 YR 3.1000% +0.0520 Prices as of: 1/25/2017 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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