Daily Newsletter: Annual Home Price Increase Largest Since 2006; 2013 Housing Outlook

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30 Year Fixed 3.42%   -0.01 15 Year Fixed 2.77%   -0.01 10YR Treasury 1.84%   -0.0158 FNMA 30YR 3.5 106.19   +0.02 FNMA 15YR 2.5 105.36   -0.05 View Today's Rates

Tuesday January 15, 2013 MND NewsWire - 10:29AM Annual Home Price Increase is Largest Since 2006 Home prices increased on a year-over-year basis for the ninth consecutive month according to the CoreLogic Home Price Index (HPI) released today. The November HPI was up 7.4 percent ... MND NewsWire - 4:47PM Despite Economic Uncertainties, "Housing Market is Healing" Freddie Mac's monthly economic outlook commentary for January looks principally at consumer attitudes which it says have remained "fairly resilient despite the 'fiscal cliff' drama ... Community Commentary - 3:09PM To Be Frank: The Mortgage Industry, Mission or Maintenance? I was handed a book on the way home from Christmas Mass at my church this year titled "The 4 Signs of a Dynamic Catholic". About halfway through the book, there was some discussion ... MND NewsWire - 2:32PM Mortgage Default Rates Continue to Rise Increased mortgage defaults pushed the overall consumer default rate up in December for the third consecutive month. The national S&P Experian Consumer Credit Default Index hit ... MBS RECAP: Stronger Open, Steady Decline Despite Head-Fake Mortgage Rates Steady Or Lower For Seventh Straight Day Read Carefully Before Signing Attestation Form; Interesting Buyback Ruling Information Regulators Indict Bank President, Six Officers on Massive Fraud Charges Another City Looks at Eminent Domain as Solution to Foreclosures HARP Petition; HARP and HAMP's Impact on the Market; Has Fannie Been Pushing Lender Approvals? December Housing Scorecard Points to Improving Home Equity and Prices Latest Video Home Prices Rise Against Headwinds Why Buffett's Real Estate CEO is High on Housing Blinder: Debt Cliff = GDP Down 6% More News from 'Around the Web' Bloomberg - 3:58PM Plosser Says Fed Is Weighing Costs, Benefits of Easing freddiemac.mwnewsroom.com - 1:55PM Freddie Mac: January 2013 U.S. Economic and Housing Market Outlook CNBC - 2:25PM Why The Debt Ceiling Is Far Scarier Than the Fiscal Cliff FHFA - 2:23PM FHFA Announces New Deputy Director's www.mersinc.org - 3:53PM MERS Wins Dismissal of Missouri Recording Fee Suit DataQuick - 4:56PM DataQuick: December SoCal Home Sales Report Business Week - 4:31PM Lennar Plans $1 Billion of Apartments in Rental Foray Washington Post - 12:49PM Secrets of the crisis revealed: What to expect from transcripts of 2007 Fed meetings CNBC - 7:51AM Fitch Warns of Downgrade for US Over Debt Fight Today's Comments MBS Live Chat - 2:04PM "REPRICE : 2:04 PM - Provident Funding Better..." MBS Live Chat - 2:04PM "Took away the .125... gave back the .125......" MBS Live Chat - 3:55PM "REPRICE : 3:55 PM - NYCB Worse..." MBS Live Chat - 3:59PM "REPRICE : 3:59 PM - Sierra Pacific Worse..." MBS Live Chat - 4:01PM "REPRICE : 4:01 PM - Franklin American Worse..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.42% -0.01 15 Yr FRM 2.77% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.62% -0.01 5/1 Yr ARM 2.98% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.81% 1.00 -0.10 30 Yr. Fixed 3.54% 1.24 -0.08 MBA ** 30 Yr. Fixed 3.61% 0.41 +0.09 15 Yr. Fixed 2.88% 0.39 +0.02 30 Yr. Jumbo 3.78% 0.38 +0.03 30 Yr. FHA 3.35% 0.69 +0.01 5/1 ARM 2.64% 0.37 -0.01 Freddie Mac ** 30 Yr. Fixed 3.40% 0.70 +0.06 15 Yr. Fixed 2.66% 0.70 +0.02 1 Yr. ARM 2.60% 0.50 +0.03 5/1 Yr. ARM 2.67% 0.60 -0.04 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 3.0 104.34 -0.03 30YR FNMA 3.5 106.19 +0.02 30YR GNMA 3.0 105.48 -0.11 30YR GNMA 3.5 108.23 +0.05 15YR FNMA 3.0 105.36 -0.05 15YR FNMA 2.5 104.22 -0.02 Treasuries Yield Change 2 YR 0.2492% -0.0038 5 YR 0.7500% -0.0161 10 YR 1.8360% -0.0158 30 YR 3.0255% -0.0141 Prices as of: 1/15/2013 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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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