Daily Newsletter: Rates Remain at 1-Month Highs; Burnout Driving Credit Score Trends; TRID Prequal Considerations

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30 Year Fixed 3.91%   +0.01 15 Year Fixed 3.19%   +0.00 10YR Treasury 2.18%   +0.0342 FNMA 30YR 3.5 104.08   0.00 FNMA 15YR 2.5 104.02   +0.02 View Today's Rates

Monday November 2, 2015 Mortgage Rate Watch - 5:03PM Mortgage Rates Slightly Higher to Start Volatile Week Mortgage rates continued slightly higher today, after hitting 1-month highs late last week. In general, the mortgage rate environment has been under pressure since last week's Fed Announcement ... MND NewsWire - 2:40PM Refi Credit Scores Falling Due to Burnout, Not Credit Availability Purchase lending in June was at its highest level since the beginning of the housing crisis and early reports from the third quarter indicate that this trend is continuing . Black Knight ... Pipeline Press - 9:14AM TRID-Related Prequal and Preapproval Considerations November already? Thanksgiving is approaching, and in honor of that I shot my first turkey yesterday. Scared everyone in the frozen food's section - it was awesome! Typically I would ... MND NewsWire - 10:09AM Condo/Co-op Originations up Strongly in 2nd Quarter There was a sizable increase in mortgage originations for condominiums and cooperatives in the second quarter of 2015. Purchase applications rose significantly but several other factors ... Private Residential Construction Spending up 17 Percent From Last Year MBS MID-DAY: Bond Markets Holding Ground in Weaker Territory MBS Week Ahead: Bond Markets Brace for Rate Hike Confirmation. It Won't Take Much Latest Video Santelli: Rates hover near unchanged YTD Mortgages for the 'haves' Low rates causing 'distortions': Pro More News from 'Around the Web' Market Watch - 4:24PM Treasury raises quarterly borrowing estimate to $344 billion Reuters - 4:24PM U.S. on track to grow 1.9 percent in fourth quarter: Atlanta Fed CNBC - 4:19PM Data be damned, Wall Street says all is well Market Watch - 2:04PM Banks made it easier to get conventional mortgages, Fed survey shows www.cfpbmonitor.com - 2:04PM CFPB sues company and owner for alleged student financial aid scam CNBC - 11:56AM Homebuyers are hitting record credit scores Reuters - 10:45AM U.S. manufacturing sector growth slows in October: ISM www.gallup.com - 10:11AM U.S. Consumer Spending Up in October, at $92 CNBC - 10:09AM ISM mfg index hits 50.1 in Oct.; construction spending up 0.6% in Sept. CNBC - 10:09AM High court won't hear appeal on mortgage ratings CNBC - 9:15AM Why El-Erian sees 30% US recession risk by 2017 CNBC - 8:30AM This is the next big property investment www.realtor.com - 8:28AM The 20 Hottest U.S. Housing Markets in October 2015 Reuters - 8:28AM U.S. small-business borrowing rose in September: PayNet The Atlantic - 8:27AM For Some Americans, the Housing Crisis Isn't Over Fannie Mae - 8:27AM News Release - Fannie Mae Releases September 2015 ... CNBC - 8:27AM US Treasury yields climb ahead of data packed week Bloomberg - 8:27AM Fed Rate Odds Rising to 50% Spell Losses for Treasury Investors Today's Rates Best Execution Rate Change 30 Yr FRM 3.91% +0.01 15 Yr FRM 3.19% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.72% +0.01 5/1 Yr ARM 2.92% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.46% 1.21 +0.00 30 Yr. Fixed 4.17% 1.42 -0.03 MBA ** 30 Yr. Fixed 3.98% 0.44 +0.03 15 Yr. Fixed 3.22% 0.44 +0.02 30 Yr. Jumbo 3.88% 0.33 +0.01 30 Yr. FHA 3.80% 0.30 +0.02 5/1 ARM 3.03% 0.34 +0.09 Freddie Mac ** 30 Yr. Fixed 3.76% 0.60 -0.03 15 Yr. Fixed 2.98% 0.60 +0.00 1 Yr. ARM 2.54% 0.20 -0.08 5/1 Yr. ARM 2.89% 0.40 +0.00 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 3.0 101.03 -0.05 30YR FNMA 3.5 104.08 0.00 30YR GNMA 3.0 101.95 +0.14 30YR GNMA 3.5 104.67 +0.06 15YR FNMA 3.0 104.02 +0.02 15YR FNMA 2.5 101.77 -0.02 Treasuries Yield Change 2 YR 0.7572% +0.0291 5 YR 1.5595% +0.0410 10 YR 2.1781% +0.0342 30 YR 2.9477% +0.0231 Prices as of: 11/2/2015 4:29PM 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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