Daily Newsletter: Rates Jump After Fed Announcement; Mortgage Apps Back to Reality; Disaster Policy Updates

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30 Year Fixed 3.87%   +0.04 15 Year Fixed 3.15%   +0.04 10YR Treasury 2.10%   +0.0622 FNMA 30YR 3.5 104.22   -0.39 FNMA 15YR 2.5 104.14   -0.25 View Today's Rates

Wednesday October 28, 2015 Mortgage Rate Watch - 5:11PM Mortgage Rates Jump After Fed Announcement Mortgage rates moved quickly higher after today's Fed Announcement. While the Fed was, by no means, expected to hike rates in October, there was a risk that the statement would introduce ... MBS Commentary - 2:05PM Differences Between Current and Previous FOMC Statements (additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in July September suggests that economic activity ... MND NewsWire - 9:18AM Application Volume Up....and Down. Mortgage applications during the week ended October 23 decreased 3.5 percent on a seasonally adjusted basis from the previous week the Mortgage Bankers Association said today. Its Market ... Pipeline Press - 11:02AM Disaster Policy Updates; Upcoming Events; Changes in The MI Sector I head to Ann Arbor today, but 500 miles away is the Gateway Arch in St. Louis - quite a sight on the Mississippi! The Gateway Arch was designed in 1947 but construction didn't begin ... MBS MID-DAY: Weaker After Oil Price Geyser and 5yr Auction; Fed on Deck MBS Day Ahead: What is The Fed Even Thinking? Latest Video Fed to review target range next meeting Decision day at the Fed: Liesman Rate hike? Fed needs to 'put up or shut up': Pro More News from 'Around the Web' Bloomberg - 4:10PM Bond Traders Boost Bets on December Fed Rate Increase Market Watch - 2:37PM The Fed: Fed circles December for possible rate hike Reuters - 12:16PM U.S. third-quarter GDP forecasts raised after trade data Calculated Risk Blog - 12:14PM Bankruptcy Filings declined 11% in Fiscal 2015, Lowest Filings since 2007 Market Watch - 10:55AM Bond Report: Treasury yields inch higher ahead of the Fed's statement Market Watch - 10:53AM Fewer homebuyers are tapping their parents for money CNBC - 9:00AM Another central bank eases after Draghi comments CNBC - 8:59AM Mortgage applications down 3.5% on fewer rate swings CNBC - 12:11AM Softening data set to stay Yellen's hand Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% +0.04 15 Yr FRM 3.15% +0.04 FHA 30 Year Fixed 3.60% +0.10 Jumbo 30 Year Fixed 3.67% +0.04 5/1 Yr ARM 2.93% +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 3.79% 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 3.0 101.30 -0.44 30YR FNMA 3.5 104.22 -0.39 30YR GNMA 3.0 102.06 -0.45 30YR GNMA 3.5 104.61 -0.41 15YR FNMA 3.0 104.14 -0.25 15YR FNMA 2.5 102.02 -0.31 Treasuries Yield Change 2 YR 0.7070% +0.0861 5 YR 1.4591% +0.0957 10 YR 2.0974% +0.0622 30 YR 2.8764% +0.0195 Prices as of: 10/28/2015 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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