Daily Newsletter: Mortgage Rates Hit 3 Month lows; Pending Sales Barely Budge

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30 Year Fixed 3.82%   -0.02 15 Year Fixed 3.12%   +0.00 10YR Treasury 1.98%   -0.0123 FNMA 30YR 3.5 104.45   +0.11 FNMA 15YR 2.5 104.03   +0.08 View Today's Rates

Thursday January 28, 2016 Mortgage Rate Watch - 4:42PM Mortgage Rates Hit 3 Month lows Mortgage rates moved down modestly today, but it was enough to bring them to the lowest levels seen in exactly 3 months. There were only a few days in October where rates were any lower ... MND NewsWire - 2:00PM Distressed Sales have usual November Blip There was a slight uptick in the market share of distressed home sales in November. Sales of lender-owned houses (REO) and short sales accounted for 11.9 percent of total home sales ... MND NewsWire - 10:39AM Pending Home Sales Much Lower Than Expected And we have a trifecta! All three of the home sales indicators for December have now come in positive, although the latest, pending sales, did so leaving claw marks on the scales. The ... Pipeline Press - 10:27AM Multifamily Trends, MBS, and Servicing Primer; Originator Survey Zillow is predicting that the rental market will cool down this year. Median U.S. rents grew at a 3.3 percent annual pace in December, to $1,381 per month. This pace is expected to ... MBS Day Ahead: Bonds Continue to Struggle With Technicals New Home Sales Very Close to 8-Year High Latest Video Time to pile into bonds Santelli: Trader objectivity next to impossible Pending home sales flat More News from 'Around the Web' www.corelogic.com - 5:33PM CoreLogic Confirms 2015 Financial Guidance and Provides 2016 Outlook Calculated Risk Blog - 5:32PM Freddie Mac: Mortgage Serious Delinquency rate declined in December, Lowest since September 2008 Calculated Risk Blog - 5:32PM HVS: Q4 2015 Homeownership and Vacancy Rates www.realtor.com - 3:23PM The Hot New Neighborhood Trend: Snow-Shaming Bloomberg - 3:23PM Breaking Down Commercial Real Estate Realtor.Org - 12:54PM Is Anyone Getting Tech Fatigue? Bloomberg - 12:53PM U.S. Homeownership Rises as Jobs Bring Back First-Time Buyers freddiemac.mwnewsroom.com - 10:20AM Mortgage Rates Fall for Fourth Straight Week CNBC - 10:20AM Pending home sales rise just 0.1% in December CNBC - 9:37AM US durable goods orders plunge in December Bloomberg - 9:36AM El-Erian: Fed Is Hostage to the Rest of the World Bloomberg - 8:30AM Some $29 Trillion Later, the Corporate Debt Boom Looks Exhausted The Atlantic - 8:29AM Do Americans Believe Hard Work Still Matters? www.realtor.com - 8:29AM It's Official: 2015 Was a Banner Year in Housing, But What's Next? Bloomberg - 8:29AM Hamptons Home Prices Set Record as Buyers Grab $5 Million Homes Reuters - 8:28AM HSBC curbs mortgage offering to Chinese citizens in U.S. Fannie Mae - 8:28AM News Release - Fannie Mae Prices $945.7 Million Multifamily ... CNBC - 8:28AM Bond investors look to post-Fed auction Bloomberg - 8:28AM Draghi's Shield Under Attack as Politics Exposes European Risks Today's Rates Best Execution Rate Change 30 Yr FRM 3.82% -0.02 15 Yr FRM 3.12% +0.00 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.66% -0.02 5/1 Yr ARM 3.04% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.45% 1.20 -0.01 30 Yr. Fixed 4.12% 1.43 -0.05 MBA ** 30 Yr. Fixed 4.02% 0.40 -0.04 15 Yr. Fixed 3.28% 0.37 -0.01 30 Yr. Jumbo 3.89% 0.25 -0.04 30 Yr. FHA 3.83% 0.38 -0.03 5/1 ARM 3.09% 0.34 -0.11 Freddie Mac ** 30 Yr. Fixed 3.79% 0.60 -0.02 15 Yr. Fixed 3.07% 0.50 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.90% 0.50 -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 3.0 101.73 +0.11 30YR FNMA 3.5 104.45 +0.11 30YR GNMA 3.0 102.70 +0.11 30YR GNMA 3.5 105.06 +0.11 15YR FNMA 3.0 104.03 +0.08 15YR FNMA 2.5 102.06 +0.14 Treasuries Yield Change 2 YR 0.8251% -0.0119 5 YR 1.4026% -0.0078 10 YR 1.9836% -0.0123 30 YR 2.7889% -0.0061 Prices as of: 1/28/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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