Daily Newsletter: Mortgage Rates Just off Highs; Putting Fed's Balance Sheet and QE3 in Perspective

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30 Year Fixed 4.65%   -0.01 15 Year Fixed 3.66%   -0.02 10YR Treasury 3.00%   +0.0095 FNMA 30YR 3.5 99.27   -0.03 FNMA 15YR 2.5 101.81   0.00 View Today's Rates

Friday December 27, 2013 Mortgage Rate Watch - 3:50PM Mortgage Rates End Week Just off Highs Mortgage rates recovered modestly in most cases, falling just below the highest levels in more than 3 months. As has been the case for the entire week, the bond markets that underlie ... Pipeline Press - 10:46AM Recent State Mortgage Changes; Fed's Balance Sheet - Putting QE3 in Perspective; CFPB's Latest Penalty Water water everywhere, but not a drop to drink. A growing number of Realtors are keenly aware of the increasing concern about water and its scarcity . And sure enough, along comes ... MBS Commentary - 11:43AM MBS MID-DAY: Bond Markets Bounce Back After AM Weakness First off, any examination of price movement today requires the caveat that none of it has any implication beyond the next few hours. While volume is higher than yesterday, it's still ... Pipeline Press - 10:27AM The FHA Program: Recent News, Changes, Financial Condition, and General Processing Notes Echoing what lock desks are seeing, and once again causing some lenders and Realtors to take a fresh look at overhead, the MBA Mortgage Application Index was down -6.3% vs. -5.5% from ... Do's and Don'ts of the Mortgage Process: Christmas Edition 3 Options for Mortgage Interest Deduction Reform Latest Video New mortgage rules coming Bair: Banks need a better strategy 2014 Fed Predictions: Exiting QE More News from 'Around the Web' Reuters - 4:21PM U.S. bank watchdogs to consider Volcker rule tweak WSJ - 4:21PM 5 Things to Watch on the Economic Calendar–December 27 WSJ - 2:29PM Economic Policy: What Has Changed in 25 Years? CNBC - 1:24PM New mortgage rules may favor the wealthy CNN - 1:20PM Unemployment benefits for 1.3 million expire Saturday CNBC - 9:54AM US stocks open little moved; poised for weekly gains www.philadelphiafed.org - 9:29AM State-Level Housing Permits Analysis (PA, NJ, DE only) CNBC - 9:27AM That house is, like, crazy! CNBC - 8:26AM US bonds await direction after hitting 3% CNBC - 8:05AM Cutoff in federal jobless aid looms WSJ - 12:14AM Builders Get Into Jumbos Bloomberg - 12:13AM U.S. 10-Year Yield Is Near 3-Month High on Fed, Recovery Signs - Bloomberg Today's Comments MBS Live Chat - 8:37AM "Even next week may have low volume..." MBS Live Chat - 8:37AM "due to the new years being mid-week...." MBS Live Chat - 10:55AM "wf repricing, hopefully more to follow..." MBS Live Chat - 12:28PM "will it be any busier next week?..." MBS Live Chat - 12:31PM "Yes but not much AP..." MBS Live Chat - 1:25PM "Hudson City just pulled SIVA. One of the last ones that were still doing it..." MBS Live Chat - 2:09PM "MW headlining 10yr over 3.0% for first time since 2011…looking at the adv. charts fnma 4.0 was down below 101 back then, we are in pretty good shape considering....." Today's Rates Best Execution Rate Change 30 Yr FRM 4.65% -0.01 15 Yr FRM 3.66% -0.02 FHA 30 Year Fixed 4.25% +0.00 Jumbo 30 Year Fixed 4.58% -0.02 5/1 Yr ARM 3.25% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.62% 1.06 +0.18 30 Yr. Fixed 4.49% 1.21 +0.22 MBA ** 30 Yr. Fixed 4.64% 0.41 +0.02 15 Yr. Fixed 3.74% 0.29 +0.08 30 Yr. Jumbo 4.63% 0.24 +0.02 30 Yr. FHA 4.29% 0.24 +0.04 5/1 ARM 3.26% 0.39 +0.06 Freddie Mac ** 30 Yr. Fixed 4.48% 0.70 +0.01 15 Yr. Fixed 3.52% 0.70 +0.01 1 Yr. ARM 2.56% 0.50 -0.01 5/1 Yr. ARM 3.00% 0.40 +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 94.92 -0.02 30YR FNMA 3.5 99.27 -0.03 30YR GNMA 3.0 96.44 -0.03 30YR GNMA 3.5 100.66 -0.02 15YR FNMA 3.0 101.81 0.00 15YR FNMA 2.5 98.78 -0.03 Treasuries Yield Change 2 YR 0.3953% -0.0157 5 YR 1.7408% -0.0033 10 YR 3.0037% +0.0095 30 YR 3.9394% +0.0155 Prices as of: 12/27/2013 4:25PM 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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