Daily Newsletter: New Home Sales Abruptly Back to Flat Long-Term Trend; Prices Improve; Rates Higher

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30 Year Fixed 3.84%   +0.01 15 Year Fixed 3.12%   +0.01 10YR Treasury 2.06%   -0.0302 FNMA 30YR 3.5 104.50   +0.13 FNMA 15YR 2.5 104.31   +0.06 View Today's Rates

Monday October 26, 2015 MND NewsWire - 11:01AM New Home Sales Abruptly Back to Flat Long-Term Trend New home sales nose-dived in September , dropping by 11.5 percent from the August level. A joint release from the U.S. Census Bureau and the Department of Housing and Urban Development ... Mortgage Rate Watch - 5:03PM Mortgage Rates Slightly Higher Despite Opposite Cue From Markets Mortgage rates moved slightly higher today on average despite strength in underlying bond markets. Normally, when bond markets improve, rates drop. Recently, however, lenders haven ... MND NewsWire - 1:15PM Nearly Half of Large Metros Reach Historic Stable Range Two Pennsylvania metropolitan areas, Scranton and Harrisburg, won the MiMi seal of approval in August. Freddie Mae said the two moved into what it considers the outer range of stable ... Pipeline Press - 10:40AM Upcoming Events; Continuing Agency Changes That Move the Markets Don't ask me how we arrived at the last week of October already, but here we are barreling toward Halloween and changing the clocks Sunday morning and moving from abbreviations like ... MBS MID-DAY: Bond Markets Holding Modest Overnight Gains New York Leads Nation in Price Increases MBS Week Ahead: Bonds Brace for Fed; History Suggests Not Getting Too Excited Latest Video Rate hike on Wednesday? CNBC Survey Has housing hit a top? Fed rates 'too low for too long' More News from 'Around the Web' CNBC - 5:19PM Housing recovery on track: Analyst Reuters - 3:57PM Crowdfunding of U.S. real estate deals gains momentum CNBC - 3:57PM GOP and White House near budget deal www.cfpbmonitor.com - 3:57PM Video of October 7 CFPB arbitration field hearing now available Market Watch - 12:21PM SEC says credit rating agency didn't monitor mortgage-related securities CNBC - 10:17AM Why Fed wants to keep us guessing CNBC - 10:14AM New home sales drop to near one-year low Calculated Risk Blog - 9:17AM Black Knight: House Price Index up 0.3% in August, Up 5.5% year-over-year www.freddiemac.com - 9:17AM Still a Golden Age for the Multifamily Market Reuters - 7:59AM Yellen, consensus-builder, needs to send strong signal at Fed meet Bloomberg - 7:58AM Treasuries Halt Drop as China Policy Seen Keeping Fed Rates Low CNBC - 7:57AM Reverse mortgage: Useful retiree tool or bad move? freddiemac.mwnewsroom.com - 7:57AM Freddie Mac Continues to Reduce Credit Risk With Largest ACIS(R) Insurance Policy to Date for a Combined $502.6 Million Limit Calculated Risk Blog - 7:57AM Merrill on Q3 GDP and Headwinds CNBC - 7:57AM US Treasurys wobble ahead of Fed, key earnings Today's Rates Best Execution Rate Change 30 Yr FRM 3.84% +0.01 15 Yr FRM 3.12% +0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.64% +0.02 5/1 Yr ARM 2.92% +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 3.79% 0.60 -0.03 15 Yr. Fixed 2.98% 0.50 -0.05 1 Yr. ARM 2.62% 0.20 +0.08 5/1 Yr. ARM 2.89% 0.40 +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 3.0 101.59 +0.16 30YR FNMA 3.5 104.50 +0.13 30YR GNMA 3.0 102.33 +0.11 30YR GNMA 3.5 104.91 +0.09 15YR FNMA 3.0 104.31 +0.06 15YR FNMA 2.5 102.22 +0.03 Treasuries Yield Change 2 YR 0.6413% +0.0000 5 YR 1.3947% -0.0214 10 YR 2.0564% -0.0302 30 YR 2.8678% -0.0354 Prices as of: 10/26/2015 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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