Daily Newsletter: Freddie's Updated Forecast And Vote Against Rate Hike; Stark Home Price Warning; Rates Lower Ahead of Jobs Data; Jumbo Guidelines Help Credit Access

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30 Year Fixed 3.99%   -0.01 15 Year Fixed 3.25%   -0.01 10YR Treasury 2.16%   -0.0230 FNMA 30YR 3.5 103.89   +0.19 FNMA 15YR 2.5 103.97   +0.17 View Today's Rates

Thursday September 3, 2015 MND NewsWire - 4:00PM Freddie Mac's Updated Forecast And a Vote against FOMC Action Freddie Mac's long-time chief economist Frank Nothaft departed some months ago to take the same role at CoreLogic and that vacancy at the mortgage company has now been filled by Sean ... MND NewsWire - 3:50PM Stark New Warning on Home Prices Two very different recent reports, one factual and one theoretical, recently address the same issue; a re home prices too damn high? And if so, how will we know. The theoretical discussion ... Mortgage Rate Watch - 6:08PM Mortgage Rates Modestly Lower Ahead of Big Jobs Report Mortgage rates continued their recent trend of almost imperceptible movement today. This time, things improved ever-so-slightly with most lenders lowering the upfront costs associated ... MND NewsWire - 11:31AM Easing Credit Access Tilted by Jumbo Products Mortgage credit access continued to improve again in August the Mortgage Bankers Association (MBA) said on Thursday. The trade group's Mortgage Credit Availability Index (MCAI) gained ... MBS MID-DAY: For Bonds, The Zigzag is The Only Play in The Book FHA Webinar, DTC Workshop; Blackstone & Mortgage Insurance; Lots of FHA Developments MBS Day Ahead: 2 Days Left For Potential Pre-Fed Craziness Latest Video Hike rates... just get it over with: Richard Fisher Santelli Exchange: Rate hike priced in? Santelli: Stubborn rates More News from 'Around the Web' webfeeds.brookings.edu - 5:27PM The dangerous separation of the American upper middle class CNBC - 5:19PM Bond market sentiment: Depressed Market Watch - 3:01PM Panel of ex-Fed officials say no rate hike will come at September meeting CNBC - 3:00PM Homemakers unprepared for retirement Reuters - 1:13PM Los Angeles drops mortgage discrimination case against JPMorgan Bloomberg - 10:47AM Almost Half of Homes in New York and D.C. Are Now Losing Value CNBC - 10:37AM Bond market pricing in Sept fed hike freddiemac.mwnewsroom.com - 10:36AM Fixed Mortgage Rates Tick Higher Amid Continued Volatility Reuters - 8:50AM U.S. jobless claims rise; trend shows labor market still strong CNBC - 8:50AM US trade deficit smallest in five months Calculated Risk Blog - 12:36AM Thursday: Trade Deficit, Unemployment Claims, ISM non-mfg webfeeds.brookings.edu - 12:36AM What happens when the Fed raises interest rates? rss.nytimes.com - 12:36AM Low-Income Workers See Biggest Drop In Paychecks Today's Rates Best Execution Rate Change 30 Yr FRM 3.99% -0.01 15 Yr FRM 3.25% -0.01 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.81% -0.01 5/1 Yr ARM 2.98% +0.01 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% 0.37 +0.00 15 Yr. Fixed 3.30% 0.26 -0.03 30 Yr. Jumbo 4.05% 0.28 +0.05 30 Yr. FHA 3.87% 0.32 -0.03 5/1 ARM 3.05% 0.36 +0.09 Freddie Mac ** 30 Yr. Fixed 3.89% 0.60 +0.05 15 Yr. Fixed 3.09% 0.60 +0.03 1 Yr. ARM 2.62% 0.30 +0.00 5/1 Yr. ARM 2.93% 0.40 +0.03 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 3.0 100.73 +0.19 30YR FNMA 3.5 103.89 +0.19 30YR GNMA 3.0 101.56 +0.20 30YR GNMA 3.5 104.28 +0.23 15YR FNMA 3.0 103.97 +0.17 15YR FNMA 2.5 101.72 +0.17 Treasuries Yield Change 2 YR 0.7003% -0.0118 5 YR 1.4859% -0.0277 10 YR 2.1649% -0.0230 30 YR 2.9404% -0.0151 Prices as of: 9/3/2015 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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