Daily Newsletter: Mortgage Rates End 2-Day Winning Streak; Existing Home Sales/Prices Slip Despite More First-Timers

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30 Year Fixed 3.96%   +0.03 15 Year Fixed 3.22%   +0.02 10YR Treasury 2.20%   +0.0676 FNMA 30YR 3.5 103.78   -0.36 FNMA 15YR 2.5 103.80   -0.25 View Today's Rates

Monday September 21, 2015 Mortgage Rate Watch - 5:07PM Mortgage Rates Move Higher, Ending 2-Day Winning Streak Mortgage rates couldn't maintain last week's impressive move lower following the Fed Announcement. At the time, rates were moving lower for ECONOMIC reasons. At the risk of oversimplifying ... MBS Commentary - 2:21PM MBS MID-DAY: Negative Reprices as Bond Markets Reverse Course It was a rough morning for bond markets as Treasuries have really only moved in one direction since opening in Europe . Losses were quite livable during those overnight hours, but they ... MND NewsWire - 11:20AM Existing Home Sales/Prices Slip Despite More First Time Buyers Even as the market share of first-time buyers continued to inch up, overall sales of existing homes declined in August. The National Association of Realtors® (NAR) said today that ... Pipeline Press - 10:01AM Update on Ocwen; Wells Fargo, FHA, and The False Claims Act We've only just begun... Excellus BlueCross BlueShield reports cyber attackers have hacked its systems and that 10 million people have been affected. The company confirmed attackers ... MBS Week Ahead: After Last Week's Fed, How Will We Pass The Time? Foreclosure Starts Seek New Floor Latest Video Bigger than usual home sales dip Santelli: Rates & dollar rise post Fed August existing home sales down More News from 'Around the Web' Reuters - 5:34PM After delay, Yellen faces questions over Fed message on rate hike Market Watch - 4:25PM Subprime mortgage lending rises sharply, but remains well below crisis levels Calculated Risk Blog - 4:25PM Lawler on Existing Home Sales www.realtor.com - 3:25PM Fed Can't Solve Housing Puzzle Alone The Atlantic - 3:25PM A Bleak Future for Renters CNBC - 3:24PM Chase Mortgage CEO red flags FHA loans Bloomberg - 1:35PM Confused Bond Market Looks to October for the Fed Calculated Risk Blog - 1:34PM A Few Random Comments on August Existing Home Sales Reuters - 10:46AM U.S. existing home sales fall more than expected www.npr.org - 10:46AM Destroying 162 More Homes, Northern Calif. Fire Ranks As Fourth Worst CNBC - 9:00AM The Fed HAS to consider the global economy Bloomberg - 8:57AM The Rent Crisis Is About to Get a Lot Worse Reuters - 8:57AM Lennar profit rises 26 percent on higher home sales CNBC - 8:55AM US bonds lose their shine Washington Post - 8:55AM The most popular type of home in every major American city, charted Bloomberg - 1:20AM Fed Officials Make Case for 2015 Liftoff After September Hold CNBC - 12:57AM Less than zero: Are negative rates next for Fed? Reuters - 12:54AM A divided Fed pits world's woes against domestic growth Calculated Risk Blog - 12:22AM Commercial Real Estate prices "indices post moderate gains" in July, up 12% year-over-year Bloomberg - 12:18AM Here's Proof That Housing May Be Turning a Corner Today's Rates Best Execution Rate Change 30 Yr FRM 3.96% +0.03 15 Yr FRM 3.22% +0.02 FHA 30 Year Fixed 3.70% +0.05 Jumbo 30 Year Fixed 3.77% +0.03 5/1 Yr ARM 2.97% +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 3.0 100.58 -0.44 30YR FNMA 3.5 103.78 -0.36 30YR GNMA 3.0 101.41 -0.42 30YR GNMA 3.5 104.16 -0.33 15YR FNMA 3.0 103.80 -0.25 15YR FNMA 2.5 101.55 -0.31 Treasuries Yield Change 2 YR 0.7103% +0.0326 5 YR 1.4918% +0.0544 10 YR 2.2012% +0.0676 30 YR 3.0233% +0.0900 Prices as of: 9/21/2015 4:59PM 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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