Daily Newsletter: Mortgage Rates Higher, But Still in Good Shape After Jobs Report; Rent Trends Helping Lenders

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30 Year Fixed 4.15%   +0.05 15 Year Fixed 3.35%   +0.04 10YR Treasury 2.42%   +0.0677 FNMA 30YR 3.5 102.52   -0.33 FNMA 15YR 2.5 102.69   -0.17 View Today's Rates

Friday January 6, 2017 Mortgage Rate Watch - 4:15PM Mortgage Rates Higher, But Still in Good Shape After Jobs Report Mortgage rates moved moderately higher today after the Employment Situation Report (aka "the jobs report" or simply "NFP," after its trademark component "non-farm payrolls"). This was ... Pipeline Press - 9:43AM Rent Trends Helping Lenders; Surprising New Fraud Issue; Pent-Up Demand This month for me includes Texas (a few times), Maryland, Northern California, and Colorado (a few times). It can be cold out there! So far the mood seems to be good, with some purchase ... MBS Commentary - 8:18AM MBS Day Ahead: Bonds Near Important Technical Levels Ahead of NFP NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my venue to offer deep thoughts with ... Mortgage Credit Eases for 4th Straight Month A New Twist on Owner Occupancy Fraud Latest Video Penciling in only 2 rate hikes in 2017: Evans Paulsen: 2017 reminds me of 1987 in the markets Jobs number as 'boring' as you can get: Economist More News from 'Around the Web' HUD - 4:50PM HUD and Census Bureau Release American Housing Survey Results for 25 Metro Areas Calculated Risk Blog - 3:12PM Reis: Regional Mall Vacancy Rate decreased in Q3 2016, Strip Mall Vacancy Rate increased Reuters - 3:11PM In sign of more hawkish Fed, Evans nods to three rate hikes CNBC - 1:21PM With wage gains, Fed moves closer to declaring 'mission accomplished' Reuters - 12:19PM N.Y. Fed raises U.S. GDP growth view toward 2 percent Bloomberg - 12:19PM Gross Eyes 2.6% Yield for Bear Market as Treasuries Fall on Jobs - Bloomberg CNBC - 10:12AM US factory orders fall 2.4 percent in November vs estimate of 2.2 percent decrease Calculated Risk Blog - 10:12AM Comments: Solid December Employment Report, Pickup in Wage Growth Market Watch - 9:48AM The Fed: Wage growth may spur Fed into quicker action Market Watch - 9:47AM Fed's Mester says she favors more than three interest-rate hikes this year Reuters - 9:06AM Trade deficit rises for second straight month Reuters - 8:43AM Job growth slows, but wages rebound strongly Today's Rates Best Execution Rate Change 30 Yr FRM 4.15% +0.05 15 Yr FRM 3.35% +0.04 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.20% +0.05 5/1 Yr ARM 3.02% +0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.06% 1.30 +0.03 30 Yr. Fixed 3.76% 1.38 +0.03 MBA ** 30 Yr. Fixed 4.41% 0.38 +0.13 15 Yr. Fixed 3.64% 0.34 +0.12 30 Yr. Jumbo 4.36% 0.26 +0.07 30 Yr. FHA 4.15% 0.29 +0.13 5/1 ARM 3.45% 0.26 +0.17 Freddie Mac ** 30 Yr. Fixed 4.20% 0.50 -0.12 15 Yr. Fixed 3.44% 0.50 -0.11 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.33% 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 99.37 -0.41 30YR FNMA 3.5 102.52 -0.33 30YR GNMA 3.0 100.89 -0.46 30YR GNMA 3.5 103.84 -0.41 15YR FNMA 3.0 102.69 -0.17 15YR FNMA 2.5 100.25 -0.28 Treasuries Yield Change 2 YR 1.2138% +0.0438 5 YR 1.9239% +0.0739 10 YR 2.4193% +0.0677 30 YR 3.0063% +0.0627 Prices as of: 1/6/2017 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. © 2017 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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