Daily Newsletter: Fed Afterglow; Mortgage Rates Near 4-Month Lows; Foreclosure Starts at 10yr Low; TRID Updates

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30 Year Fixed 3.93%   -0.05 15 Year Fixed 3.20%   -0.04 10YR Treasury 2.13%   -0.0638 FNMA 30YR 3.5 104.14   +0.25 FNMA 15YR 2.5 104.05   +0.08 View Today's Rates

Friday September 18, 2015 Mortgage Rate Watch - 2:50PM Mortgage Rates Near 4-Month Lows Mortgage rates continued a strong move lower today as momentum continued following yesterday's Fed Announcement. While the Fed doesn't dictate mortgage rates, this particular announcement ... MND NewsWire - 12:06PM Foreclosure Starts Seek New Floor Foreclosure activity in the U.S. declined on a year-over-year basis for the first time in six months. RealtyTrac said today that there were a total of 109,561 foreclosure filings (default ... Pipeline Press - 10:58AM Lender TRID Updates; Lender's FHA & VA Changes; FOMC Statement "Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." Is that statement ... MBS Commentary - 10:47AM MBS MID-DAY: Rally Extends as Rest of World Gets Its Chance to Digest Fed If we wanted to do as little as possible to overcomplicate yesterday's Fed news, we might focus on the fact that the Fed took their greatest strides yet in adding a new dimension to ... MBS Day Ahead: Empty Day to Think About What Just Happened Freddie Mac Out With Another Round of Guideline Updates Latest Video Home ownership eats up a bigger share of paycheck The problem with what the Fed said Closing Bell Exchange: Held hostage by emerging markets More News from 'Around the Web' Bloomberg - 4:22PM Here's Evidence That Millennials Are Still Living With Their Parents CNBC - 4:22PM The problem with what the Fed said Bloomberg - 2:47PM Is Fed's Zero Rate Stance Safe for Global Economy? Calculated Risk Blog - 2:42PM Mortgage Equity Withdrawal Slightly Negative in Q2 2015 Calculated Risk Blog - 12:49PM Fed's Flow of Funds: Household Net Worth at Record High at end of Q2 www.realtor.com - 12:49PM Years After the Real Estate Crash, Renters Are Still on the Rise Bloomberg - 11:01AM JPMorgan's Dimon Says Violent Moves in Treasuries Are Possible Bloomberg - 9:18AM Wall Street Bond Stake Balloons in Time to Profit From Fed Rally Washington Post - 9:16AM Why the Fed might not raise rates anytime soon CNBC - 9:16AM From jittery to joyful, bond markets cheer Fed Bloomberg - 1:05AM Janet Yellen Sees a 'Very Depressed' Housing Market Bloomberg - 12:59AM It's a New World: How China Growth Concerns Kept the Fed on Hold Calculated Risk Blog - 12:55AM Mortgage Rates Decline after FOMC Annoucement Today's Rates Best Execution Rate Change 30 Yr FRM 3.93% -0.05 15 Yr FRM 3.20% -0.04 FHA 30 Year Fixed 3.65% -0.10 Jumbo 30 Year Fixed 3.74% -0.05 5/1 Yr ARM 2.95% -0.02 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 4.09% 0.42 -0.01 15 Yr. Fixed 3.33% 0.26 -0.01 30 Yr. Jumbo 4.04% 0.26 +0.01 30 Yr. FHA 3.88% 0.35 -0.02 5/1 ARM 3.04% 0.36 +0.01 Freddie Mac ** 30 Yr. Fixed 3.91% 0.60 +0.01 15 Yr. Fixed 3.11% 0.60 +0.01 1 Yr. ARM 2.56% 0.20 -0.07 5/1 Yr. ARM 2.92% 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 3.0 101.02 +0.31 30YR FNMA 3.5 104.14 +0.25 30YR GNMA 3.0 101.83 0.00 30YR GNMA 3.5 104.48 +0.03 15YR FNMA 3.0 104.05 +0.08 15YR FNMA 2.5 101.86 +0.16 Treasuries Yield Change 2 YR 0.6777% -0.0079 5 YR 1.4374% -0.0443 10 YR 2.1336% -0.0638 30 YR 2.9333% -0.0786 Prices as of: 9/18/2015 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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