

<p align=center><b>Mortgage Rates Update</b></p>

<p>Freddie Mac (NYSE:FRE) released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 3.98 percent with an average 0.7 point for the week ending 1/26/2012, 

up
 from last week when it averaged 3.88 percent.  Four weeks ago at this time, the 30-year fixed rate mortgage averaged 3.95 percent.

<p>The 15-year FRM this week averaged 3.24 percent with an average 0.8 point, 

up
 from last week when it averaged 3.17 percent. Four weeks ago at this time, the 15-year fixed rate mortgage averaged 3.24 percent.

<p>The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.85 percent this week, with an average 0.7 point, 
up
 from last week when it averaged 2.82 percent. Four weeks ago, the 5-year adjustable rate mortgage averaged 2.88 percent. 

<p>The 1-year Treasury-indexed ARM averaged 2.74 percent this week with an average 0.6 point, 
unchanged
 from last week when it averaged 2.74 percent. Four weeks ago, the 1-year adjustable rate mortgage averaged 2.88 percent.  

<p>"Fixed mortgage rates ticked up this week as the housing market ended 2011 on a high note.," said Frank Nothaft, Freddie Mac vice president and chief economist.