Daily Newsletter: Mortgage Rates Stabilize; New Tool Offers Wealth of Housing Data; Realtor Confidence

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30 Year Fixed 3.53%   +0.04 15 Year Fixed 2.87%   +0.03 10YR Treasury 1.90%   -0.0121 FNMA 30YR 3.5 106.16   +0.02 FNMA 15YR 2.5 105.50   +0.09 View Today's Rates

Friday January 4, 2013 Mortgage Rate Watch - 5:07PM Mortgage Rates Stabilize After Opening At Highest Levels Since September Mortgage rates continued higher today , reaching their worst levels since before the Fed announced the specific buying program of Mortgage-Backed-Securities (MBS) referred to as QE3 ... MND NewsWire - 9:57AM New HUD Research Tool Offers a Wealth of Housing Data Writers, researchers, and those interested in housing market data have a great new tool to work (or play) with, courtesy of the U.S. Census Bureau and the Department of Housing and ... Pipeline Press - 10:28AM Where Would Rates go without the Fed?; CFPB's Reach is Far; MBA Addresses Volker Rule and Margins Here's something to ruminate on: how a traditional bank makes money . Sure they earn some fee income, but banks "sell" money in the form of loans, certificates of deposit (CDs) and ... MND NewsWire - 5:41PM Realtors Report Multiple Offers, Quick Sales but Continuing Appraisal and Credit Issues The National Association of Realtors ® (NAR) conducts a monthly survey of its members and uses their responses to construct a REALTORS Confidence Index (RCI) . Similar in some respects ... MBS RECAP: Battling Back To Positive Territory After Rocky Start GAO Study Finds Small Bank Failures have Minimal Impact on Community House Committee Chairs Blast CFPB's "Virtually Limitless Power" MBS RECAP: FOMC Minutes Drop Afternoon Tape Bomb On Rates 2012 GSE Home Retention Actions Near Half-Million Mark Completed Foreclosures Down 23% as Short Sales Gain Momentum Bank of America is Back in Lending; Thoughts on Basel III and MSR's; Investors Like Residential Mortgages Latest Video El-Erian: Look for Bottom-Up Housing Opportunities PNC Targeted By Cyber Terrorists? Santelli's Midday Bond Report More News from 'Around the Web' Market Watch - 3:44PM Fed's Yellen doubts one-size-fits-all bank rules Bloomberg - 3:42PM Fed's Plosser Says U.S. Growth May Be Permanently Reduced CNBC - 3:40PM Fed's Bullard Tells CNBC: Ending Quantitative Easing Will Depend on Economy, Not Calendar Bloomberg - 11:37AM Reverse-Mortgage Lawsuit Against HUD Revived by Appeals Court CNBC - 11:30AM Fed Bond Buying Will Run for a 'Long Time': Goldman's Hatzius CNN - 8:03AM Hedge funds win big with subprime mortgages Google News - 7:58AM Why the Housing Market Can't Move On Without More First-Time Homebuyers Business Week - 9:28PM Moody's, S&P, Fitch Must Face Fraud Claims in Subprime Suit CNBC - 9:26PM 'Country Is Going to Hell': Ex-Wells Fargo CEO Reuters - 9:25PM Analysis: Geithner's planned departure puts Obama in tough spot Reuters - 9:23PM Flood program to run dry without congressional action: FEMA Today's Comments MND NewsWire - 5:53PM "Just as a tax is never temporary, and any spending appropriation is never reduced, a bureaucracy just grows and grows over time just as the "cfpb" will do. Like Dracula, the ONLY way to address these issues is with a stake through their heart...." MND NewsWire - 6:27PM "Are you seriously suggesting that we put Congress back to supervizing ANYTHING additional until they learn to handle the responsibilitis they have now? Besides if banks were behaving like banks instead of poorly managed greedy gangsters, there would be no need for the CFPB. As long as we have earmarks..." MBS Live Chat - 3:57PM "REPRICE : 3:57 PM - Provident Funding Better..." MBS Live Chat - 3:58PM "#2, .25 on all fixed, cumulative for the day..." MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Everett Financial Better..." MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Stearns Lending Better..." MBS Live Chat - 4:00PM "REPRICE : 4:00 PM - Suntrust Better..." Recent Q & A "is it illegal to charge your clients a transaciton fee?" "Can LO commissions be returned? " "I haven't paid my second mortg in over 3yrs. Will it be off credit in 7 yrs?" Today's Rates Best Execution Rate Change 30 Yr FRM 3.53% +0.04 15 Yr FRM 2.87% +0.03 FHA 30 Year Fixed 3.26% +0.01 Jumbo 30 Year Fixed 3.73% +0.04 5/1 Yr ARM 2.97% -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 3.50% 0.44 +0.03 15 Yr. Fixed 2.83% 0.26 -0.02 30 Yr. Jumbo 3.73% 0.29 -0.04 30 Yr. FHA 3.34% 0.54 +0.02 5/1 ARM 2.61% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 3.34% 0.70 -0.01 15 Yr. Fixed 2.64% 0.60 -0.01 1 Yr. ARM 2.57% 0.40 +0.01 5/1 Yr. ARM 2.71% 0.60 +0.01 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 3.0 104.17 +0.11 30YR FNMA 3.5 106.16 +0.02 30YR GNMA 3.0 105.52 +0.05 30YR GNMA 3.5 108.09 0.00 15YR FNMA 3.0 105.50 +0.09 15YR FNMA 2.5 104.31 +0.09 Treasuries Yield Change 2 YR 0.2675% -0.0033 5 YR 0.8077% -0.0144 10 YR 1.8991% -0.0121 30 YR 3.0947% -0.0295 Prices as of: 1/4/2013 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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