Daily Newsletter: Highest Rates in a Week; CFPB on MSA Warpath; Sellers' Market Boosts Housing Sentiment

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30 Year Fixed 3.89%   +0.02 15 Year Fixed 3.16%   +0.01 10YR Treasury 2.10%   +0.0354 FNMA 30YR 3.5 104.34   -0.16 FNMA 15YR 2.5 104.27   -0.09 View Today's Rates

Thursday October 8, 2015 Mortgage Rate Watch - 5:01PM Mortgage Rates Highest in More Than a Week Mortgage rates moved modestly higher today , depending on the lender. Once again, pricing strategies remained widely variable due to market volatility. When the trading prices of mortgage ... MND NewsWire - 1:57PM CFPB Addresses Marketing Services Agreements Saying it was "deeply concerned" about how marketing services agreements are undermining consumer safeguards against kickbacks, the Consumer Financial Protection Bureau (CFPB) has issued ... MND NewsWire - 10:43AM Housing Sentiment Boosted by Perceived Sellers' Market In case you missed it, last month Fannie Mae began to transition the multi-graph and narrative report detailing results of its National Housing Survey (NHS) into a different format ... Pipeline Press - 10:14AM New Reps & Warrants From Fannie and Freddie; Millennial Trends Who says that financial reporters don't have a sense of humor? I caught this recent headline about a story on Alcoa Aluminum splitting into mining and metal groups: "Alcoa: thinking ... MBS MID-DAY: Weaker Ahead of Fed Minutes MBS Day Ahead: Important Fed Minutes and Last of the Auctions Latest Video As if rents aren't high enough Fed Minutes: Time for tightening near IMF warns of risk of global financial crisis More News from 'Around the Web' Reuters - 5:26PM Los Angeles drops discrimination lawsuit against Citigroup www.cfpbmonitor.com - 4:00PM Be Careful What You Ask For, You May Get It—The CFPB Addresses Marketing Services Agreements Under RESPA www.realtor.com - 4:00PM Open House Crashing: Are You For or Against It? CNBC - 2:14PM Sin City sees high rolling home prices again CNBC - 2:14PM Fed minutes: Members worried about global growth Federal Reserve - 2:14PM Minutes of the Federal Open Market Committee, September 16-17, 2015 www.realtor.com - 1:13PM Why New York Is Out and Nashville Is in for Real Estate Investors Reuters - 1:12PM McCarthy drops out of race for House speaker, election postponed Calculated Risk Blog - 11:33AM Las Vegas Real Estate in September: Sales Increased 10% YoY, Inventory Down YoY CNBC - 11:33AM Gross sues Pimco for at least $200M Market Watch - 11:33AM Bond Report: Treasury yields edge higher ahead of Fed minutes Bloomberg - 10:21AM Bernanke, Mack on Financial Crisis: 'Leverage was Wild' Bloomberg - 10:17AM Ben Bernanke: Fed Policy and the US Housing Bubble freddiemac.mwnewsroom.com - 10:17AM Mortgage Rates Tumble on Weak Jobs Report CNBC - 8:43AM Bond investors look to Fed minutes, auction ahead Bloomberg - 8:41AM HSBC Cuts Treasury Yield Forecasts on Shallow Fed Rate Path Bets CNBC - 8:40AM US jobless claims fall to near 42-year low CNBC - 8:39AM Zombie foreclosures lurk locally but largely vanish Today's Rates Best Execution Rate Change 30 Yr FRM 3.89% +0.02 15 Yr FRM 3.16% +0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.68% +0.03 5/1 Yr ARM 2.95% +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 4.08% 0.45 -0.01 15 Yr. Fixed 3.29% 0.41 -0.02 30 Yr. Jumbo 3.96% 0.35 -0.03 30 Yr. FHA 3.87% 0.34 -0.01 5/1 ARM 2.95% 0.41 +0.00 Freddie Mac ** 30 Yr. Fixed 3.76% 0.60 -0.09 15 Yr. Fixed 2.99% 0.60 -0.08 1 Yr. ARM 2.55% 0.20 +0.02 5/1 Yr. ARM 2.88% 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 3.0 101.34 -0.23 30YR FNMA 3.5 104.34 -0.16 30YR GNMA 3.0 102.09 -0.17 30YR GNMA 3.5 104.75 -0.16 15YR FNMA 3.0 104.27 -0.09 15YR FNMA 2.5 102.11 -0.11 Treasuries Yield Change 2 YR 0.6369% +0.0119 5 YR 1.3929% +0.0244 10 YR 2.1004% +0.0354 30 YR 2.9381% +0.0444 Prices as of: 10/8/2015 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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