Daily Newsletter: Rates Approaching 5-Month Lows; High-Balance Guidelines Ease; MyCommunity is Back; Applications Decline

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30 Year Fixed 3.89%   -0.01 15 Year Fixed 3.18%   -0.01 10YR Treasury 2.04%   -0.0158 FNMA 30YR 3.5 104.41   +0.17 FNMA 15YR 2.5 104.16   +0.09 View Today's Rates

Wednesday September 30, 2015 Mortgage Rate Watch - 3:34PM Mortgage Rates Approaching 5-Month Lows Mortgage rates had another great day , with most lenders maintaining or improving upon yesterday's 4-month lows. Given that we'd have to go back to May 8th, 2015 to see better rates ... MND NewsWire - 8:58AM Major Loosening of High-Balance Conforming Standards; MyCommunity 2.0 Fannie Mae is initiating what it is calling an "enhanced affordable lending product it has named the HomeReady mortgage . The new loan is a reconfiguration of its My Community Mortgage ... MND NewsWire - 8:44AM Mortgage Apps Decline Application volumes fell even as interest rates were in a holding pattern during the week ended September 25. The Mortgage Bankers Association (MBA) said that mortgage applications ... Pipeline Press - 10:25AM Cordray Speaks Out on TRID; Latinos, Household Growth, Culture, and The Housing Market Do you have fewer competitors than you did a few years ago? A recent MBA Chart of the Week highlighted HMDA respondents and found that in 2014, 7,062 institutions reported lending activity ... MBS MID-DAY: Bonds Basking in Month-End Glow MBS Day Ahead: Things Could Get Interesting Latest Video Lagarde: Impressed by Janet Yellen's decision Lagarde: Global recovery slowing Santelli Exchange: Trouble with bubbles More News from 'Around the Web' CNBC - 4:43PM Jack Ma to US: Quit worrying so much about China Bloomberg - 3:11PM Lagarde Says Fed Hike, Slower China to Test Global Economy Bloomberg - 3:10PM Rosengren Paper Finds FOMC Acts Like It has a Third Mandate The Atlantic - 3:09PM The Moral Ambiguity of Foreclosure www.realtor.com - 3:09PM To Lure Buyers to Indianapolis, a Real Estate Agent Disses 'Dirty Detroit' www.gallup.com - 3:09PM Most U.S. Investors Say Area Housing Prices Are Rising Bloomberg - 12:30PM Meet the Hipster Real Estate Developers Building for Millennials CNBC - 11:35AM Choosing to crowdfund the real estate market Bloomberg - 10:54AM Bond Markets Probably Aren't Telling the Fed Much About Inflation Expectations Reuters - 10:54AM Senate passes bill to avert government shutdown, sends to House Reuters - 9:59AM Fed's Dudley downplays market 'liquidity' concerns, eyes HFT Bloomberg - 8:27AM ADP Says Companies in U.S. Added 200000 Workers in September CNBC - 8:26AM Mortgage applications drop 6.7% on rate swings CNBC - 8:26AM Treasurys lose some of their shine for now Bloomberg - 12:48AM Warren Demands HUD Curb Sales of Soured Loans to Private Equity Calculated Risk Blog - 12:47AM Wednesday: Unlikely Government Shutdown, ADP Employment, Chicago PMI CNBC - 12:47AM Global markets to log worst quarter since 2011 Today's Rates Best Execution Rate Change 30 Yr FRM 3.89% -0.01 15 Yr FRM 3.18% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.70% -0.01 5/1 Yr ARM 2.95% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.49% 1.29 +0.13 30 Yr. Fixed 4.20% 1.45 +0.16 MBA ** 30 Yr. Fixed 4.09% 0.45 +0.00 15 Yr. Fixed 3.31% 0.42 -0.02 30 Yr. Jumbo 3.99% 0.36 -0.05 30 Yr. FHA 3.88% 0.33 +0.00 5/1 ARM 2.95% 0.58 -0.09 Freddie Mac ** 30 Yr. Fixed 3.86% 0.70 -0.05 15 Yr. Fixed 3.08% 0.60 -0.03 1 Yr. ARM 2.53% 0.20 -0.03 5/1 Yr. ARM 2.91% 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 3.0 101.45 +0.22 30YR FNMA 3.5 104.41 +0.17 30YR GNMA 3.0 102.13 +0.17 30YR GNMA 3.5 104.69 +0.17 15YR FNMA 3.0 104.16 +0.09 15YR FNMA 2.5 102.00 +0.11 Treasuries Yield Change 2 YR 0.6368% -0.0158 5 YR 1.3653% -0.0211 10 YR 2.0438% -0.0158 30 YR 2.8601% +0.0008 Prices as of: 9/30/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Rates Back to 4-Month Lows; Cash Sales at 31.3 Percent; West Leads Price Gains; TRID Education

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30 Year Fixed 3.90%   -0.04 15 Year Fixed 3.19%   -0.03 10YR Treasury 2.06%   -0.0371 FNMA 30YR 3.5 104.23   +0.23 FNMA 15YR 2.5 104.06   +0.16 View Today's Rates

Tuesday September 29, 2015 Mortgage Rate Watch - 5:58PM Mortgage Rates Back to 4-Month Lows Mortgage rates began the day moderately lower. As equities markets failed to mount any counterattack to recent losses, bond markets surged--including the mortgage-backed-securities ... MND NewsWire - 10:48AM All-Cash Sales Now Down to 31.3 Percent CoreLogic reported yet another decrease in the share of all-cash home sales in June. Those sales accounted for 31.3 percent of the total during the month compared to 33.9 percent in ... MND NewsWire - 10:39AM West Leading Home Price Gains While Sunbelt Lags Price gains accelerated slightly in July, increasing on an annual basis by 4.7 percent compared to a 4.5 percent year-over-year increase in June. The S&P/Case-Shiller U.S. National ... Pipeline Press - 10:29AM TRID - Ready or Not, Here it Comes - How Some Lenders Continue to Try to Educate Let's start off with a little quiz that I gave to my cat Myrtle. There are four business days left until a) Y2K b) New LO comp rules C) QM d) The Rapture e) TRID f) the Mayans saying ... MBS RECAP: Bonds Now Officially Trying to Break Out of The Range MBS MID-DAY: Yields Firmly Into 1-Month Lows as Stocks Struggle MBS Day Ahead: Last Day to Consider Big Picture Before Big Potential Volatility Latest Video The biggest trend to get millennials in homes isn't big at all Santelli Exchange: The Fed training wheels are off Carl Icahn warns of danger ahead More News from 'Around the Web' www.realtor.com - 4:57PM Watch Out for the New Players in the Mortgage Field: Hedge Funds Bloomberg - 4:57PM Traders Flee Emerging Markets at Fastest Pace Since 2008 Fannie Mae - 4:48PM Fannie Selling Guide Announcement SEL-2015-10 Reuters - 3:56PM U.S. consumer agency slams student loan servicers, eyes reforms CNBC - 3:56PM Fed-in-a-box: When will time be right? CNBC - 3:54PM Jeremy Siegel: Markets to Yellen, you made a mistake National Housing Conference - 3:54PM Paycheck to Paycheck 2015 examines housing challenges of millennial workers Market Watch - 1:44PM The Technical Indicator: S&P 500 teeters on major technical support CNBC - 1:38PM Private equity purchasing mortgages Bloomberg - 1:38PM Why the Two Main Measures of Consumer Confidence Are Diverging Calculated Risk Blog - 12:14PM Real Prices and Price-to-Rent Ratio in July CNBC - 12:13PM Wooing millennials to buy tiny condos Reuters - 10:57AM Boehner leaves open chance of advancing debt limit increase www.wellsfargo.com - 10:13AM Wells Fargo Survey: Millennials Most Optimistic About Finances, Future Reuters - 10:12AM U.S. home price growth steady in July: S&P/Case-Shiller CNBC - 10:12AM Consumer confidence up in September IMF - 10:12AM IMF Survey: Rise in Emerging Market Corporate Debt Driven by Global Factors Market Watch - 10:11AM Bond Report: Treasury yields edge lower as flight to safety continues www.wsj.com - 9:19AM New Mortgage Rules May Spark Delays, Frustration Bloomberg - 8:56AM The Real Estate Crisis in North Dakota's Man Camps Today's Rates Best Execution Rate Change 30 Yr FRM 3.90% -0.04 15 Yr FRM 3.19% -0.03 FHA 30 Year Fixed 3.50% -0.15 Jumbo 30 Year Fixed 3.71% -0.05 5/1 Yr ARM 2.96% -0.05 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.49% 1.29 +0.13 30 Yr. Fixed 4.20% 1.45 +0.16 MBA ** 30 Yr. Fixed 4.09% 0.45 +0.00 15 Yr. Fixed 3.31% 0.42 -0.02 30 Yr. Jumbo 3.99% 0.36 -0.05 30 Yr. FHA 3.88% 0.33 +0.00 5/1 ARM 2.95% 0.58 -0.09 Freddie Mac ** 30 Yr. Fixed 3.86% 0.70 -0.05 15 Yr. Fixed 3.08% 0.60 -0.03 1 Yr. ARM 2.53% 0.20 -0.03 5/1 Yr. ARM 2.91% 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 3.0 101.23 +0.27 30YR FNMA 3.5 104.23 +0.23 30YR GNMA 3.0 101.95 +0.30 30YR GNMA 3.5 104.52 +0.20 15YR FNMA 3.0 104.06 +0.16 15YR FNMA 2.5 101.89 +0.23 Treasuries Yield Change 2 YR 0.6526% -0.0236 5 YR 1.3864% -0.0357 10 YR 2.0596% -0.0371 30 YR 2.8593% -0.0180 Prices as of: 9/29/2015 4:32PM 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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