Daily Newsletter: Freddie Announces More "Big Data" Tools; Rates Waiting For a Sign; New MBA Pres Comes Out Swinging

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30 Year Fixed 4.95%   +0.01 15 Year Fixed 4.43%   +0.01 10YR Treasury 3.16%   -0.0113 FNMA 30YR 3.5 97.45   -0.02 FNMA 15YR 2.5 98.19   -0.08 View Today's Rates

Monday October 15, 2018 MND NewsWire - 10:27AM Freddie Mac Announces More "Big Data" Tools Freddie Mac is announcing a couple of enhancements to its Loan Advisor underwriting tool. The additional capabilities will allow lenders to automate the assessment of borrower income ... Mortgage Rate Watch - 4:43PM Mortgage Rates Stay Steady, Waiting For a Sign Mortgage rates were sideways to slightly higher today, prolonging a 3-day trend of exceptionally light volatility. The 5 days before that (beginning on Wednesday, October 3rd) were ... MND NewsWire - 5:13PM New MBA President Puts Regulatory Reform at Top of Wish List MBA President and CEO Bob Broeksmit, the Mortgage Bankers Association's (MBA's) newly installed president and CEO, delivered his inaugural speech to MBA's annual convention on Monday ... Pipeline Press - 9:08AM Digital Products, New Book for LO's; Big Bank Mortgage Earnings What’s new here at the MBA’s conference in Washington DC? Plenty of secretive M&A closed-door meetings, continued talk that Ginnie is carefully eying non-bank approved ... MBS Week Ahead: Did Bonds Get a Pass From Stocks Last Week? "Debt-to-Income" Now Biggest Player in Mortgage Denials Latest Video Uncertainty on how the housing market will react to rates above 5 percent Cramer: Fed numbers are only going to get slower Changes to new NAFTA deal are small and insignificant, says Sen. Pat Toomey (R-Pa.) More News from 'Around the Web' www.consumerfinancemonitor.com - 4:15PM Regulation by Enforcement is Dead Bloomberg - 3:38PM Hurricanes Blamed for Biggest Cuts to S&P 500 Earnings Estimates CNBC - 2:17PM America's budget deficit expanded by $113 billion as spending surged Bloomberg - 11:22AM Condo Flippers Aren't the Vancouver and Toronto Housing Culprits eyeonhousing.org - 9:50AM Single-Family Residential Permits Decline in Northeast www.consumerfinancemonitor.com - 9:19AM CFPB proposes to issue final rule on annual civil penalty adjustments Reuters - 8:42AM U.S. retail sales increase less than expected in September www.redfin.com - 8:29AM 20% of Recent Homebuyers Made an Offer Sight-Unseen, Down from 35% Late Last Year Reuters - 8:10AM China central bank chief says plenty of room for monetary adjustments amid trade row Bloomberg - 8:06AM Bond Traders Eye Fedspeak for Sign of Doubt After Stocks Swings Today's Rates Best Execution Rate Change 30 Yr FRM 4.95% +0.01 15 Yr FRM 4.43% +0.01 FHA 30 Year Fixed 4.50% +0.00 Jumbo 30 Year Fixed 4.40% +0.00 5/1 Yr ARM 4.45% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.15% 1.16 -0.02 30 Yr. Fixed 4.78% 1.15 +0.01 MBA ** 30 Yr. Fixed 4.96% 0.49 -0.01 15 Yr. Fixed 4.39% 0.50 +0.01 30 Yr. Jumbo 4.93% 0.31 +0.01 30 Yr. FHA 4.95% 0.80 +0.01 5/1 ARM 4.24% 0.48 +0.02 Freddie Mac ** 30 Yr. Fixed 4.90% 0.50 +0.19 15 Yr. Fixed 4.29% 0.50 +0.14 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.07% 0.30 +0.06 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 94.64 +0.02 30YR FNMA 3.5 97.45 -0.02 30YR GNMA 3.0 95.94 -0.03 30YR GNMA 3.5 98.48 -0.02 15YR FNMA 3.0 98.19 -0.08 15YR FNMA 2.5 95.78 -0.05 Treasuries Yield Change 2 YR 2.8571% -0.0040 5 YR 3.0098% -0.0119 10 YR 3.1557% -0.0113 30 YR 3.3347% -0.0034 Prices as of: 10/15/2018 5:05PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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