Daily Newsletter: Wildest Day in Years for Mortgage Rates and Bond Markets; CFPB Proposes RESPA/TILA Changes; Mortgage Apps Rebound

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30 Year Fixed 3.90%   -0.06 15 Year Fixed 3.10%   -0.05 10YR Treasury 2.13%   -0.0667 FNMA 30YR 3.5 103.86   +0.23 FNMA 15YR 2.5 104.28   +0.23 View Today's Rates

Wednesday October 15, 2014 Mortgage Rate Watch - 5:03PM Wildest Day in Years for Mortgage Rates Mortgage rates went on a truly epic ride today. From the opening bell to the closing bell, the mortgage-backed-securities (MBS) that underlie mortgage rates covered more ground than ... MBS Commentary - 2:24PM MBS MID-DAY: One of the Craziest Days for Bond Markets, Ever If you're just tuning in, bond markets are having a career day with 10yr yields currently operating near 2.06 after trading in the 2.2's yesterday and 2.4's last week. Fannie 3.0s ... MND NewsWire - 1:08PM CPFB Proposes Additional Changes to TILA-RESPA Rule The Consumer Financial Protection Bureau (CFPB) has proposed further changes to the new consolidated Loan Estimate and Closing Disclosure Mortgage forms that are scheduled to go into ... MND NewsWire - 10:22AM Mortgage Application Rebound Continues as Rates Drop A significant drop in mortgage rates triggered a surge in refinancing activity during the week ended October 10. The Mortgage Bankers Association (MBA) said its Market Composite Index ... MBS Day Ahead: Another Test for Economic Data as Rate Rally Sets up Defenses Latest Video Mortgage rates plunging Santelli Exchange: Capitulation levels Santelli: Bit of capitulation in Treasurys More News from 'Around the Web' Washington Post - 4:20PM How small changes to federal housing policy could make a big difference for poor kids Market Watch - 3:15PM Yellen said to voice confidence in U.S. outlook: report SIFMA - 3:05PM SIFMA Submits Key Recommendations to FHFA on Proposed Single GSE Security Structure Washington Post - 12:35PM Markets are panicking again. What's going on? Bloomberg - 12:35PM Debt Crisis Reawakens in European Bonds as Greece Roils Market - Bloomberg CNBC - 12:34PM Should you refinance TODAY? CNN - 12:34PM Bond limbo: How low can rates go? CNBC - 10:45AM Fed 'behind the curve': BlackRock's Fink Washington Post - 10:44AM Stocks plunge in early trading amid global worry, retail slump CNBC - 10:43AM Live blog: Markets in turmoil Market Watch - 9:02AM 10-year Treasury yield falls to fresh 16-month low Bloomberg - 8:50AM German Yields Drop to Records With Peers on Bets Slump Worsening - Bloomberg Reuters - 8:48AM U.S. retail sales give cautionary sign on consumer demand Reuters - 8:48AM U.S. producer prices fall for first time in over a year WSJ - 8:42AM Why Mortgage Demand Was Better Than Initially Reported Last Year Today's Rates Best Execution Rate Change 30 Yr FRM 3.90% -0.06 15 Yr FRM 3.10% -0.05 FHA 30 Year Fixed 3.45% -0.05 Jumbo 30 Year Fixed 3.85% -0.02 5/1 Yr ARM 3.18% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.20% 0.17 -0.10 15 Yr. Fixed 3.41% 0.28 -0.07 30 Yr. Jumbo 4.14% 0.10 -0.07 30 Yr. FHA 3.90% 0.08 -0.10 5/1 ARM 3.05% 0.38 -0.15 Freddie Mac ** 30 Yr. Fixed 4.12% 0.50 -0.07 15 Yr. Fixed 3.30% 0.50 -0.06 1 Yr. ARM 2.42% 0.40 +0.00 5/1 Yr. ARM 3.05% 0.50 -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 3.0 100.95 +0.39 30YR FNMA 3.5 103.86 +0.23 30YR GNMA 3.0 102.81 +0.38 30YR GNMA 3.5 104.78 +0.14 15YR FNMA 3.0 104.28 +0.23 15YR FNMA 2.5 102.27 +0.34 Treasuries Yield Change 2 YR 0.3195% -0.0563 5 YR 1.3381% -0.1088 10 YR 2.1341% -0.0667 30 YR 2.9184% -0.0378 Prices as of: 10/15/2014 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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