Daily Newsletter: Mortgage Apps Skyrocket on Rates and TRID; Can Pending Sales Predict Price Changes?

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30 Year Fixed 3.87%   +0.01 15 Year Fixed 3.15%   +0.01 10YR Treasury 2.07%   +0.0300 FNMA 30YR 3.5 104.50   -0.05 FNMA 15YR 2.5 104.36   -0.03 View Today's Rates

Wednesday October 7, 2015 MND NewsWire - 9:05AM Mortgage Apps Skyrocket on Rates and TRID Declining rates, an impending hurricane, the Blood Moon - who knows what was behind - it but mortgage application volume went a little crazy last week . The Mortgage Bankers Association ... Mortgage Rate Watch - 3:49PM Mortgage Rates Fighting to Stay Low Mortgage rates put in another day with minimal movement today. If there was a detectable bias, it was toward slightly higher rates, but many lenders didn't move at all. That leaves ... MND NewsWire - 3:25PM Can Pending Home Sales Predict Price Changes? The housing industry has long expected that pending home sales in a given month will fairly accurately forecast the actual sales transactions that follow one or two months later. But ... Pipeline Press - 9:43AM TRID Flubs, Fluffs, PR Victories, Training; Fannie/Freddie Weigh in on Enforcement How long has your staff been on their jobs? The Fed has kept short term rates unchanged for 6 years and 9 months at this point. Does your senior management team have plans in place ... MBS MID-DAY: Holding Moderate Losses Ahead of 10yr Auction MBS Day Ahead: Weaker Bond Markets Reveal Line In Sand Latest Video Weekly mortgage apps surge 25% Average demand at $21B sale of 10-year notes Sen. Corker on GSE reform More News from 'Around the Web' Calculated Risk Blog - 5:16PM Defeatists Policies #NothingCanBeDone Market Watch - 5:10PM Capitol Report: Sen. Bob Corker says investors should short Fannie and Freddie freddiemac.mwnewsroom.com - 5:09PM Statement on New Representation and Warranties Remedy Framework -Freddie Mac Calculated Risk Blog - 2:37PM Phoenix Real Estate in September: Sales up 12%, Inventory down 12% www.realtor.com - 2:37PM Landlords Will Hike Rents By 8% This Year CNBC - 12:44PM 2015 Fed hike looks less likely: Pro Bloomberg - 12:43PM REITs Feel the Heat From Federal Resreve Inaction CNBC - 10:53AM Oil pares gains on surprise 3.1M barrel crude build Reuters - 10:53AM Profits at big U.S. banks soar since crisis: New York Fed www.builderonline.com - 8:06AM As Buyer Confidence Wanes, Zillow Economist Warns Seattle of Housing Bubble Reuters - 8:05AM JPMorgan buys more mortgages from other lenders as market shrinks Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% +0.01 15 Yr FRM 3.15% +0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.65% +0.01 5/1 Yr ARM 2.92% +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% 0.45 -0.01 15 Yr. Fixed 3.29% 0.41 -0.02 30 Yr. Jumbo 3.96% 0.35 -0.03 30 Yr. FHA 3.87% 0.34 -0.01 5/1 ARM 2.95% 0.41 +0.00 Freddie Mac ** 30 Yr. Fixed 3.85% 0.60 -0.01 15 Yr. Fixed 3.07% 0.70 -0.01 1 Yr. ARM 2.53% 0.20 +0.00 5/1 Yr. ARM 2.91% 0.40 +0.00 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 3.0 101.58 -0.06 30YR FNMA 3.5 104.50 -0.05 30YR GNMA 3.0 102.27 -0.13 30YR GNMA 3.5 104.91 -0.03 15YR FNMA 3.0 104.36 -0.03 15YR FNMA 2.5 102.22 -0.03 Treasuries Yield Change 2 YR 0.6250% +0.0159 5 YR 1.3685% +0.0391 10 YR 2.0650% +0.0300 30 YR 2.8937% +0.0196 Prices as of: 10/7/2015 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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