Daily Newsletter: Mortgage Rates Lowest in 2 Weeks; California Home Prices Turning a Corner?

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30 Year Fixed 4.02%   -0.07 15 Year Fixed 3.25%   -0.03 10YR Treasury 2.24%   +0.0000 FNMA 30YR 3.5 103.27   0.00 FNMA 15YR 2.5 103.08   0.00 View Today's Rates

Monday January 4, 2016 Mortgage Rate Watch - 4:59PM Mortgage Rates Lowest in 2 Weeks Mortgage rates moved lower today as financial markets roared back to life after the winter break. In this age of ever-increasing automation and digital connectivity, it would be easy ... MND NewsWire - 3:34PM California Home Prices Pulling Back California appears to have topped out in terms of price increases, at least for the present. While Black Knight Financial Services reports a 0.2 percent increase in its Home Price Index ... MND NewsWire - 3:29PM November Construction Spending Disappoints; Remains Strong for Year Both public and private spending on construction eased back slightly in November. The Census Bureau said on Monday that total construction spending in the U.S. during the month was ... Pipeline Press - 10:23AM Upcoming Events/Training; Investor Disaster News; MBS Trends "Rob, I can't help but notice the enormous TRID frustration among so many of your readers. While we/MBA were successful in getting the letter from the Bureau this past week allowing ... MBS Week Ahead: First Week Back From Holidays is Action-Packed October sees Seasonal Uptick in Distressed Home Sales Share Latest Video Santelli: All about China Closing Bell Exchange: Markets stumble Fed's John Williams: Another 2% year is good More News from 'Around the Web' Market Watch - 3:38PM The Fed: Fed Vice Chairman Fischer's hawkish tone may have added to market angst CNN - 3:36PM Oregon is the most popular state to move to www.realtor.com - 3:35PM Why First-Time Home Buyers Are Staying on the Sidelines CNBC - 12:33PM China is biggest concern in 2016: Citi Reuters - 12:32PM Fed's Williams, unfazed by China, sees 3-5 rate hikes this year Reuters - 10:26AM U.S. construction spending posts first decline in nearly 1-1/2 years Bloomberg - 10:25AM Yellen's Job Puzzle: Why Are 20-Somethings Retiring? CNBC - 10:25AM Kovacevich warns market bubbles may burst in 2016 Calculated Risk Blog - 10:25AM ISM Manufacturing index decreased to 48.2 in December Bloomberg - 8:36AM U.S. Real Estate to Draw More Foreigners in 2016, Survey Says CNBC - 8:35AM Expect Fed rate backtrack: Jim Grant CNBC - 8:35AM US Treasurys rise amid equity sell-off Calculated Risk Blog - 8:34AM Black Knight: House Price Index up 0.2% in October, Up 5.5% year-over-year CNBC - 2:14AM How the Fed may—or may not—hit your wallet in 2016 CNN - 2:14AM China halts trading after stocks plunge 7% Bloomberg - 2:10AM Bonds Stagnant in 2015 Don't Look So Bad Given Forecast for 2016 Today's Rates Best Execution Rate Change 30 Yr FRM 4.02% -0.07 15 Yr FRM 3.25% -0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.85% -0.07 5/1 Yr ARM 3.04% +0.01 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 4.14% 0.45 +0.00 15 Yr. Fixed 3.39% 0.35 +0.00 30 Yr. Jumbo 4.01% 0.30 -0.01 30 Yr. FHA 3.90% 0.31 -0.01 5/1 ARM 3.25% 0.36 +0.02 Freddie Mac ** 30 Yr. Fixed 3.96% 0.60 -0.01 15 Yr. Fixed 3.22% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.06% 0.40 +0.03 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 3.0 100.09 0.00 30YR FNMA 3.5 103.27 0.00 30YR GNMA 3.0 101.36 0.00 30YR GNMA 3.5 104.14 0.00 15YR FNMA 3.0 103.08 0.00 15YR FNMA 2.5 100.89 0.00 Treasuries Yield Change 2 YR 1.0319% +0.0000 5 YR 1.7303% +0.0000 10 YR 2.2392% +0.0000 30 YR 2.9840% +0.0000 Prices as of: 1/4/2016 4:28PM 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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