Daily Newsletter: Silver Lining to Regulatory Cloud; TRID Still Hitting Turn Times; Rates Sideways

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30 Year Fixed 3.84%   +0.00 15 Year Fixed 3.11%   -0.01 10YR Treasury 2.03%   +0.0330 FNMA 30YR 3.5 104.09   -0.09 FNMA 15YR 2.5 103.78   -0.02 View Today's Rates

Thursday January 21, 2016 MND NewsWire - 10:59AM A Silver Lining in the Regulatory Cloud In the midst of the Know Before You Owe or TRID rule implementation which she says " devoured the industry's bandwidth ," Faith Schwartz, Corelogic's Senior Vice President, Government ... MND NewsWire - 10:57AM TRID Impact Evident in Closing Times After it jumped up by three full days in November the average time to close a first mortgage loan stabilized in December at 49 days. The November increase had been attributed to unfamiliarity ... Mortgage Rate Watch - 4:38PM Mortgage Rates Sideways Despite Market Weakness Mortgage rates held mostly flat today, and that's an accomplishment! Lenders set mortgage rates based primarily on the prices of mortgage-backed-securities (MBS), which are part of ... Pipeline Press - 10:27AM PHH & Radian Stock Buybacks; Ocwen Settlement; Redwood Shutters Portion of Conventional Conforming Biz Underwriters will want to know that IBISWorld has identified the top ten sectors with expected rapid growth price in 2016 . Legal services are expected to see an increase next year ... MBA Says New Home Sales Fell in December MBS Day Ahead: What Is a Safe Haven Asset? Latest Video Santelli: Fed shouldn't think like a day trader Santelli: FX eye of the storm Gary Cohn: What the 10-year signals More News from 'Around the Web' Calculated Risk Blog - 5:05PM Private Investment and the Business Cycle CNBC - 2:50PM Does the next Fed next move matter? Bloomberg - 2:49PM Dalio, Cohn Urge Yellen to Tread Carefully CNBC - 12:51PM Why online lender Elevate had no shot at an IPO freddiemac.mwnewsroom.com - 10:38AM New Freddie Mac Online Resource Aims to Help Real Estate Professionals Do More Business freddiemac.mwnewsroom.com - 10:37AM Mortgage Rates Fall for Third Straight Week CNBC - 9:01AM Draghi: Risks rising, need to reconsider policy Reuters - 9:00AM U.S. jobless claims rise to six-month high Market Watch - 9:00AM The Wall Street Journal: Online lender Elevate Credit postpones its IPO Bloomberg - 9:00AM ECB Leaves Rates Unchanged as Oil Threatens Inflation Outlook CNBC - 12:57AM Nervous investors raise cash as markets slide Reuters - 12:57AM U.S. crude oil prices stabilize but market sentiment remains bearish Bloomberg - 12:56AM PBOC Injects Most Cash in Three Years in Open-Market Operations Today's Rates Best Execution Rate Change 30 Yr FRM 3.84% +0.00 15 Yr FRM 3.11% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.68% +0.00 5/1 Yr ARM 3.07% +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 4.12% 0.38 -0.08 15 Yr. Fixed 3.42% 0.39 -0.05 30 Yr. Jumbo 4.02% 0.30 -0.07 30 Yr. FHA 3.90% 0.34 -0.05 5/1 ARM 3.42% 0.39 -0.05 Freddie Mac ** 30 Yr. Fixed 3.81% 0.60 -0.11 15 Yr. Fixed 3.10% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.91% 0.50 -0.10 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 3.0 101.33 -0.13 30YR FNMA 3.5 104.09 -0.09 30YR GNMA 3.0 102.30 -0.14 30YR GNMA 3.5 104.67 +0.02 15YR FNMA 3.0 103.78 -0.02 15YR FNMA 2.5 101.78 +0.02 Treasuries Yield Change 2 YR 0.8331% +0.0038 5 YR 1.4408% +0.0161 10 YR 2.0276% +0.0330 30 YR 2.8087% +0.0423 Prices as of: 1/21/2016 4:30PM 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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