Daily Newsletter: Rates Moving Back Into Same Old Range; NY Area Bank Accused of Redlining; Markets Confused Again?

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30 Year Fixed 3.97%   +0.02 15 Year Fixed 3.24%   +0.03 10YR Treasury 2.17%   +0.0374 FNMA 30YR 3.5 103.83   -0.13 FNMA 15YR 2.5 103.81   -0.09 View Today's Rates

Friday September 25, 2015 Mortgage Rate Watch - 5:01PM Mortgage Rates Moving Back Into Previous Range Mortgage rates rose moderately today as investors moved back into riskier assets this morning. Stock markets made solid gains in premarket trading and global interest rates moved higher ... MND NewsWire - 10:38AM Redline Charges Levied Against NY Area Bank A large northeast savings bank has been named in a consent order filed by the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) for alleged redlining. ... Pipeline Press - 10:35AM CFPB Fines, Final Rules, Readiness Guide, Defining Rural Lenders, Updated Exam Procedures "Rob, do you think that the CFPB is involved in monitoring price gouging by companies of any sort? For example, I read about a drug company that dramatically raised a drug price recently ... MBS Commentary - 7:33AM MBS Day Ahead: Are Markets Confused Again? What's up with this? Wasn't the Fed meeting last week supposed to bring some clarity to the long-suffering sideways trend that had been mostly intact since early August? Depending on ... MBS MID-DAY: The Range Continues to be The Range New Home Sales Surge to 7-Year High, but Context Remains Important Latest Video Bond yields, dollar rise after Yellen's speech Did government turmoil just give the Fed an out? Q2 GDP (2nd revision) up 3.9% (annual rate) More News from 'Around the Web' Market Watch - 4:47PM Why George Soros is betting on a bond-trading startup Reuters - 3:27PM Shutdown could lead to volatility spike Bloomberg - 3:23PM Bond King Is Gone. Long Live Pimco CNBC - 1:48PM Cashin says: Fed's data going the wrong way www.cfpbmonitor.com - 1:47PM CFPB and DOJ announce redlining settlement Market Watch - 12:27PM The Wall Street Journal: Corporate bond issuance tops $1 trillion in U.S. Calculated Risk Blog - 12:26PM Black Knight's First Look at August: Mortgage "Delinquency Rate Sees Largest 12-Month Decline in Four Years" The Atlantic - 10:24AM Could a Bank Deny Your Loan Based on Your Facebook Friends? CNBC - 10:24AM US consumer sentiment final reading in Sept. rises to 87.2 vs. 86.7 estimate Washington Post - 8:40AM Hudson City Discriminated by Note Having Branches in Minority Neighborhoods? CNBC - 8:37AM US Q2 GDP growth revised up on spending, building CNBC - 8:33AM Cash flows beat stocks for first time since 1990 Today's Rates Best Execution Rate Change 30 Yr FRM 3.97% +0.02 15 Yr FRM 3.24% +0.03 FHA 30 Year Fixed 3.70% +0.05 Jumbo 30 Year Fixed 3.78% +0.02 5/1 Yr ARM 3.03% +0.03 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 3.0 100.67 -0.19 30YR FNMA 3.5 103.83 -0.13 30YR GNMA 3.0 101.42 -0.22 30YR GNMA 3.5 104.17 -0.16 15YR FNMA 3.0 103.81 -0.09 15YR FNMA 2.5 101.52 -0.16 Treasuries Yield Change 2 YR 0.6996% +0.0159 5 YR 1.4775% +0.0245 10 YR 2.1658% +0.0374 30 YR 2.9604% +0.0398 Prices as of: 9/25/2015 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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