Daily Newsletter: Rates Near 2-Month Lows; Trended Credit in New DU; Price Gains Unsustainable -Case-Shiller

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30 Year Fixed 3.37%   -0.02 15 Year Fixed 2.72%   -0.03 10YR Treasury 1.56%   -0.0223 FNMA 30YR 3.5 105.66   +0.03 FNMA 15YR 2.5 105.00   +0.03 View Today's Rates

Tuesday September 27, 2016 Mortgage Rate Watch - 3:52PM Mortgage Rates Near 2-Month Lows Mortgage Rates maintained their recent winning streak today, falling for the 5th straight day. The average lender is now offering the best rates in nearly 2 months. You'd have to go ... MND NewsWire - 10:38AM New DU Version Enhances use of Trended Credit Fannie Mae has announced the implementation of a new version of its automated underwriting system . The company said Version 10.0 of Desktop Underwriter (DU) "provides more simplicity ... MND NewsWire - 10:35AM Versus Inflation, Home Price Increases Are Unsustainable -Case-Shiller While the annual gains in its nationwide index accelerated slightly in July the S&P CoreLogic Case-Shiller 10- and 20-City Composite Indices showed a slight slowing on an annual ... MBS Commentary - 9:35AM MBS Day Ahead: Bonds Follow Europe; Debate of Little Consequence Heading into last night's presidential debate, there had been a small amount of buzz among market participants about the potential ifs and thens. The baseline assumption was that if ... Events From Coast to Coast; New LO comp Plan; All-Cash Deal Stats One Price Index Shows Long-Expected Price Slowdown Latest Video Average demand at $34B sales of 5-Year notes Santelli: Bund yields take charge Lots of pent up demand: Tom Lee More News from 'Around the Web' Google News - 4:16PM NAR President Tom Salomone Calls HUD Condo Rule a "Start," but Says More Changes Needed CNBC - 4:16PM Trump's attack on Yellen, Fed could backfire CNBC - 1:57PM If Trump wins, 'Yellen would resign fairly quickly': Economist CNBC - 12:39PM Why US bond yields could fall way, way lower Google News - 10:21AM Outdoor Remodeling Projects See High Happiness and Financial Returns, Say Realtors® Bloomberg - 8:59AM BlackRock Issues Warning on Treasuries as Fed Moves Toward Hike www.redfin.com - 8:59AM Demand Strenthened Again in August, Putting Some Wind in the Market's Sail Heading into Fall Reuters - 8:58AM Worries over German banks sink bond issue, hit shares Today's Rates Best Execution Rate Change 30 Yr FRM 3.37% -0.02 15 Yr FRM 2.72% -0.03 FHA 30 Year Fixed 3.20% -0.05 Jumbo 30 Year Fixed 3.51% -0.04 5/1 Yr ARM 2.80% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.48% 0.60 -0.02 15 Yr. Fixed 2.76% 0.50 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 0.50 -0.02 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 3.0 104.09 0.00 30YR FNMA 3.5 105.66 +0.03 30YR GNMA 3.0 104.89 +0.05 30YR GNMA 3.5 106.41 +0.02 15YR FNMA 3.0 105.00 +0.03 15YR FNMA 2.5 103.67 +0.05 Treasuries Yield Change 2 YR 0.7500% +0.0123 5 YR 1.1151% -0.0017 10 YR 1.5599% -0.0223 30 YR 2.2804% -0.0387 Prices as of: 9/27/2016 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. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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