Daily Newsletter: Mortgage Rates Abruptly Higher as Fed Anxiety Builds; More Than 90 Percent Have Equity; Investor/Retirement Survey

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30 Year Fixed 4.04%   +0.06 15 Year Fixed 3.27%   +0.03 10YR Treasury 2.28%   +0.1019 FNMA 30YR 3.5 103.23   -0.48 FNMA 15YR 2.5 103.72   -0.22 View Today's Rates

Tuesday September 15, 2015 Mortgage Rate Watch - 5:14PM Mortgage Rates Abruptly Higher as Fed Anxiety Builds Mortgage rates had been holding their breath and waiting calmly for Thursday's big announcement from the Fed. Today saw the breath-holding come to an end as the true anxiety set in ... MND NewsWire - 4:52PM Investors: Low Rates Useful, Debt Acceptable, SSI Benefits are Unlikely Low interest rates are typically thought of as advantageous to borrowers but not so good, perhaps even harmful to investors. The Wells Fargo/Gallup third quarter Investor and Retirement ... MND NewsWire - 10:35AM Negative Equity Rate Now in Single Digits Owners of more than three-quarters of a million U.S. homes regained equity in those homes during the second quarter of 2015. CoreLogic said on Tuesday that there are now approximately ... Pipeline Press - 9:48AM The Intersections of Regulation, Politics, and Lending - Never a Dull Moment A recent MBA Chart of the Week focused on the Independent Mortgage Banks net production income and purchase share. The independent mortgage banks and subsidiaries of charted banks reported ... MBS DAY AHEAD: Bored By Opening Acts, Waiting on Fed to Raise the Roof Unsustainable Home Prices in 14 Metro Areas -CoreLogic Latest Video It's time for a rate hike: Ex-Fed's Fisher What a Fed rate hike means for housing and mortgages Closing Bell Exchange: A confused market More News from 'Around the Web' Calculated Risk Blog - 5:00PM Early Read on Existing Home Sales in August www.realtor.com - 4:53PM Watch the Evolution of NYC Housing in This Animated Map Calculated Risk Blog - 3:56PM WSJ: "For the Fed, Markets May Be Flashing a Wait Sign" CNBC - 3:06PM 2-year note yields at highest since 2011 CNBC - 2:10PM Why's the VIX dropping ahead of the Fed meeting? Bloomberg - 1:53PM The Battle Over Prized Land Under Silicon Valley's Trailer Parks Fannie Mae - 12:15PM Fannie Mae Prices $1.08 Billion Multifamily Securities Market Watch - 12:15PM Fed governors are ‘wild cards' this week CNN - 11:06AM A real estate tycoon in the making CNBC - 11:05AM Investors poised for rate increase www.wellsfargo.com - 10:17AM Wells Fargo/Gallup Survey Finds Investors Have Benefited from Low Interest Rates CNBC - 10:17AM Drop in auto output hits factory production CNBC - 10:15AM Business inventories edge up in July Bloomberg - 10:15AM What Have We Learned 7 Years After Lehman Collapse? CNBC - 10:15AM Which borrowers hurt most by Fed: LendingTree CEO CNBC - 8:46AM Robert Shiller: THIS is the sign we're in a bubble CNN - 8:46AM Top 5 housing markets for global investors CNBC - 8:40AM Gauge of US consumer spending rises in August www.gallup.com - 8:39AM U.S. Economic Confidence Index Holds at -14 CNBC - 12:04AM Last look at consumer before Fed meets Today's Rates Best Execution Rate Change 30 Yr FRM 4.04% +0.06 15 Yr FRM 3.27% +0.03 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.85% +0.05 5/1 Yr ARM 3.00% +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 4.08% 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 3.90% 0.60 +0.01 15 Yr. Fixed 3.10% 0.70 +0.01 1 Yr. ARM 2.63% 0.30 +0.01 5/1 Yr. ARM 2.91% 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 99.94 -0.59 30YR FNMA 3.5 103.23 -0.48 30YR GNMA 3.0 100.98 -0.52 30YR GNMA 3.5 103.80 -0.42 15YR FNMA 3.0 103.72 -0.22 15YR FNMA 2.5 101.34 -0.31 Treasuries Yield Change 2 YR 0.8065% +0.0769 5 YR 1.6071% +0.1009 10 YR 2.2814% +0.1019 30 YR 3.0624% +0.1100 Prices as of: 9/15/2015 4:28PM 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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