Daily Newsletter: Mortgage Rates End Week at Recent Highs; 4 More Years! (Of Elevated Distressed Sales); Caliber Under Investigation

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30 Year Fixed 3.90%   +0.01 15 Year Fixed 3.16%   +0.00 10YR Treasury 2.09%   -0.0105 FNMA 30YR 3.5 104.33   -0.02 FNMA 15YR 2.5 104.19   -0.08 View Today's Rates

Friday October 9, 2015 Mortgage Rate Watch - 5:48PM Mortgage Rates End Week at Recent Highs Mortgage rates were generally quiet today as bond markets wound down ahead of the 3-day weekend. While stock markets and many businesses will be open as usual on Monday, banks and bond ... MND NewsWire - 11:18AM Four More Years Before Distressed Sales Get Back to Normal Distressed property sales continue to shrink as a percentage of all sales, but CoreLogic says it may be another four years before those shares reach what it considers a normal level ... Pipeline Press - 11:14AM Webinar About MSA News; Fifth Third settles; Caliber Under Investigation; LoanDepot IPO Fifth Third admitted it improperly certified more than 1,400 mortgage loans it knew were defective as eligible for FHA, costing taxpayers millions. It'll cost 53 $85 million big 'uns ... MBS Commentary - 7:33AM MBS Day Ahead: Eyes On Stocks And The Exit Sign You would think that after years of working in the same office that market participants would know how to find their way to the door. Yet strangely enough they still need to look for ... MBS MID-DAY: Pre-Weekend Drift in Full Effect CFPB Addresses Marketing Services Agreements Latest Video Will mortgages spike? Santelli Exchange: Where will rates go? Evans: Inflation headwinds won't ease until mid-2016 More News from 'Around the Web' Reuters - 5:41PM Fed still plans rate hike this year, but not committed Calculated Risk Blog - 5:30PM "Is 2015 Peak Renter?" www.cfpbmonitor.com - 4:14PM House Passes Bill to Delay TRID freddiemac.mwnewsroom.com - 4:13PM Freddie Mac Sells $305 Million of Seriously Delinquent Loans Market Watch - 1:43PM The Fed: Fed's Dudley sounds skeptical about October interest-rate hike CNBC - 1:43PM Fed's Evans: Funds rate below 1% appropriate in 2016 CNBC - 1:42PM Why mortgage rates matter this weekend Bloomberg - 10:27AM Fast Traders Create Liquidity Illusion in Bonds, Fed Blog Says Market Watch - 10:27AM Fed's Lockhart says rate hike could be appropriate in October CNBC - 9:20AM The 1-year lease a thing of the past: CEO CNBC - 9:18AM Bond investors digest Fed minutes Market Watch - 9:17AM Wells Fargo upgraded at J.P. Morgan, because it's a 'steadier port' than its peers Bloomberg - 1:17AM Foreign Homebuying Drops in California as China Slowdown Seen Today's Rates Best Execution Rate Change 30 Yr FRM 3.90% +0.01 15 Yr FRM 3.16% +0.00 FHA 30 Year Fixed 3.55% +0.05 Jumbo 30 Year Fixed 3.68% +0.00 5/1 Yr ARM 2.94% -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 4.08% 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 3.0 101.31 -0.03 30YR FNMA 3.5 104.33 -0.02 30YR GNMA 3.0 102.03 -0.06 30YR GNMA 3.5 104.69 -0.06 15YR FNMA 3.0 104.19 -0.08 15YR FNMA 2.5 102.05 -0.06 Treasuries Yield Change 2 YR 0.6410% +0.0041 5 YR 1.3979% +0.0050 10 YR 2.0899% -0.0105 30 YR 2.9230% -0.0151 Prices as of: 10/9/2015 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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