Daily Newsletter: Mortgage Rates Surge Lower; Home Prices Expected to Continue Annual Winning Streak

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30 Year Fixed 3.68%   -0.08 15 Year Fixed 3.02%   -0.04 10YR Treasury 1.94%   -0.0935 FNMA 30YR 3.5 105.23   +0.33 FNMA 15YR 2.5 104.41   +0.14 View Today's Rates

Tuesday January 6, 2015 Mortgage Rate Watch - 3:33PM Opportunity Knocks as Mortgage Rates Surge Lower Mortgage rates are on an absolute tear. In the past 2 days, they've rocketed a full eighth of a point lower. They're a full quarter point lower than the average rates available in 2nd ... MND NewsWire - 10:51AM Home Prices will Continue Annual Winning Streak Home prices are projected to finish out the year with a downtick although prices will still be significantly higher than at the same point in 2013. CoreLogic said today that home prices ... Pipeline Press - 10:44AM SFR Rental Survey; BofA's Closing Disclosure Plans, NMLS News; Primer on Employment Report I'm hooked on watching Buying Alaska, but heck it could be Buying Bismarck, ND for all I care; there's just something interesting about looking at different homes . If you couple that ... MBS Commentary - 7:33AM MBS Day Ahead: Important Economic Data and Ticking Clock From an old-school, conventional market-watching point of view, there is significant data on tap today in the form of ISM Non-Manufacturing at 10am. Both the ISM indices are consistently ... MBS MID-DAY: Snowball Rally Now Pulling Back; Important Levels to Watch Latest Video Treasury yields plunge ECB's 3 options for public QE NYC's real estate skyrockets More News from 'Around the Web' Market Watch - 5:12PM Capitol Report: Apartment glut may tame rising rents CNBC - 5:12PM The market has spoken on bond yields Reuters - 4:27PM Germany, France take calculated risk with Grexit talk Bloomberg - 4:27PM Bill Gross Calls it: 2015 Is Going to Be Terrible - Bloomberg WSJ - 4:23PM Smaller Cities Led Way in Rent Increases in 2014 CNN - 2:37PM Stock market sell-off: Investors run to bonds Calculated Risk Blog - 2:36PM Office Vacancy Rate and Office Investment Bloomberg - 1:38PM A Few Trades Moving $12 Trillion in Bonds Points to Volatile '15 - Bloomberg Google News - 1:35PM FHA: Time to stop overcharging today's borrowers for yesterday's mistakes CNBC - 12:33PM Will there be too many apartments? CNBC - 12:33PM WTI falls below $49 to new 5-1/2-year low freddiemac.mwnewsroom.com - 12:32PM Another Strong Year for Freddie Mac Multifamily Securities www.aei.org - 11:31AM Congress should help small communities by amending the Dodd-Frank Act CNBC - 10:10AM ISM service index falls more than expected CNBC - 8:46AM Bond yields tighten as investors flee to safety CNBC - 8:45AM Here's why European QE may not work Today's Rates Best Execution Rate Change 30 Yr FRM 3.68% -0.08 15 Yr FRM 3.02% -0.04 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.63% -0.05 5/1 Yr ARM 3.22% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.87% 0.60 +0.04 15 Yr. Fixed 3.15% 0.60 +0.05 1 Yr. ARM 2.40% 0.40 +0.01 5/1 Yr. ARM 3.01% 0.50 +0.00 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 3.0 102.56 +0.47 30YR FNMA 3.5 105.23 +0.33 30YR GNMA 3.0 103.58 +0.45 30YR GNMA 3.5 105.81 +0.25 15YR FNMA 3.0 104.41 +0.14 15YR FNMA 2.5 102.50 +0.19 Treasuries Yield Change 2 YR 0.6290% -0.0357 5 YR 1.4780% -0.0914 10 YR 1.9419% -0.0935 30 YR 2.5044% -0.1008 Prices as of: 1/6/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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