Daily Newsletter: Mortgage Rates Reluctantly Lower; Swiss Surprise Prompts Market Snowball; New Home Purchase Apps Stagnate

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30 Year Fixed 3.60%   -0.02 15 Year Fixed 2.98%   -0.01 10YR Treasury 1.73%   -0.1227 FNMA 30YR 3.5 105.53   +0.31 FNMA 15YR 2.5 105.17   +0.38 View Today's Rates

Thursday January 15, 2015 Mortgage Rate Watch - 5:20PM Mortgage Rates Reluctantly Benefit From Overseas Drama Mortgage rates continued relentlessly lower today, but they did so under protest. In fact, the amount of improvement on some lenders' rate sheets relative to the amount of improvement ... MBS Commentary - 12:39PM MBS MID-DAY: Swiss Surprise Leads to Snowball Rally For Bonds The following is an excerpt from of an update that appeared this morning on MBS Live. Members will have already seen it. All About the Franc, 'Bout the Franc, Not Data If there's one ... MND NewsWire - 10:42AM New Home Purchase Apps Stagnant in December Applications for mortgages to purchase newly constructed homes dipped slightly in December, down 0.4 percent from the volume reported in November. This estimate from the Mortgage Bankers ... Pipeline Press - 10:36AM Supreme Court Mortgage Ruling; MBA TILA-RESPA Training; Will Ocwen Impact Rate Sheets? Have some spare doubloons sitting in your bank account, and want to put them to work? You could buy a Japanese 10-yr note and earn about .25% per year, a German 10-year and earn .5 ... MBS RECAP: US Bond Markets Run the Table and Make it Look Easy All-Cash Sales Should Normalize by 2017 MBS Day Ahead: Nostalgia not Without Painful Memories for Bond Markets Latest Video ECB stimulus? Pro says writing on wall ECB QE imminent: Strategist Dangerous phase for euro zone crises: Economist More News from 'Around the Web' WSJ - 4:31PM 5 Things Lennar's Results Tell Us About the New-Home Market WSJ - 4:31PM Fed's Rosengren Wants to Avoid Rate Increase Until Inflation Firms WSJ - 3:46PM Why a Jump In Mortgage-Refinancing Could Be Fleeting Calculated Risk Blog - 3:46PM Lawler: Early Read on Existing Home Sales in December CNBC - 2:11PM Housing is about 75% back to normal: Report DataQuick - 2:09PM December Bay Area Home Sales Press Release WSJ - 2:07PM WSJ Survey: 2015's Biggest Risk? Economists Look Across the Pond CNBC - 12:55PM Swiss move shows euro is like a bad, bad marriage WSJ - 12:55PM Falling 10-Year Yield Raises Doubts About Fed 2% Goal Bloomberg - 12:54PM Lennar Falls as Homebuilder Reports Higher Incentives - Bloomberg CNN - 11:55AM Most Americans feel they are falling behind CNN - 11:52AM Mortgages are cheap. Time to refinance freddiemac.mwnewsroom.com - 10:43AM Mortgage Rates Decline for Third Consecutive Week WSJ - 10:43AM Ex-Fed Stein Says Market Tumult Could Affect Fed Rate Hike Outlook CNBC - 9:36AM The big bet against the bond rally Bloomberg - 8:39AM Jobless Claims in U.S. Unexpectedly Climb to Four-Month High - Bloomberg Reuters - 8:36AM Swiss National Bank scraps euro cap Market Watch - 8:36AM Bank of America shares fall as profit, revenue decline Bloomberg - 8:36AM Home Loans Seen Rebounding After 2014 Collapse in U.S. - Bloomberg Today's Rates Best Execution Rate Change 30 Yr FRM 3.60% -0.02 15 Yr FRM 2.98% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.58% -0.01 5/1 Yr ARM 3.20% -0.01 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 3.66% 0.60 -0.07 15 Yr. Fixed 2.98% 0.50 -0.07 1 Yr. ARM 2.37% 0.40 -0.02 5/1 Yr. ARM 2.90% 0.40 -0.08 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 3.0 103.23 +0.48 30YR FNMA 3.5 105.53 +0.31 30YR GNMA 3.0 104.02 +0.16 30YR GNMA 3.5 105.66 +0.08 15YR FNMA 3.0 105.17 +0.38 15YR FNMA 2.5 103.50 +0.44 Treasuries Yield Change 2 YR 0.4242% -0.0764 5 YR 1.1870% -0.1342 10 YR 1.7309% -0.1227 30 YR 2.3684% -0.0946 Prices as of: 1/15/2015 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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