Daily Newsletter: Mortgage Rates at 2-Week Lows; Freddie Gives Equity Ownership a Closer Look

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30 Year Fixed 4.78%   -0.02 15 Year Fixed 4.26%   -0.02 10YR Treasury 3.06%   +0.0075 FNMA 30YR 3.5 98.36   -0.03 FNMA 15YR 2.5 98.75   -0.02 View Today's Rates

Friday September 28, 2018 Mortgage Rate Watch - 4:25PM Mortgage Rates at 2-Week Lows Mortgage rates were slightly lower again today, but there are some caveats. First of all, the average lender wasn't in substantially better shape compared to yesterday afternoon. On ... MND NewsWire - 10:07AM Freddie Mac Gives Shared Equity Ownership a Closer Look Freddie Mac made two announcements this week. The first is a long expected administrative change to requirements for private mortgage insurance (PMI) which will go into effect on March ... Pipeline Press - 8:53AM CE, Sales Products; Ocwen/PHH update; Agency Deals; Why Does Extending a Lock Cost Money? In less than 2 years, we'll be closer to 2070 than 1970! Does anyone feel that it’s silly to think of middle-aged mortgage bankers believing that they can still dance well to ... MBS Commentary - 8:31AM MBS Day Ahead: Is it 'Game On' For a Rally? September has been a long month for the bond market as rates quickly trudged back up to levels that aligned with our more pessimistic assumptions for 2018. With strong average hourly ... Housing Sentiment Lukewarm, Leads to Dismal Sales - Again MBS RECAP: We've Been Here Before But This Time's Different Latest Video A bright spot in the sluggish real estate sector Consumer sentiment index at 100.1 in September The Fed and global central banks could push the U.S. into recession: Boockvar More News from 'Around the Web' CNN - 4:03PM 10 years after the crisis, some investors are still scared of stocks www.redfin.com - 3:07PM The Share of Homes Selling Above List Price Just Dropped Below 2016 Levels www.realtor.com - 2:32PM The Homes Where Families Go Off the Grid blog.stewart.com - 2:05PM New Home Sales in August 2001 Up 12.7 Percent Year-Over-Year & Up 3.5 Percent Sequentially from July CNBC - 1:12PM House passes GOP bill to make new tax cuts permanent Reuters - 12:42PM Atlanta Fed pares U.S. third-quarter GDP growth view to 3.6 percent Bloomberg - 12:13PM Cost of Owning a Home in Toronto, Vancouver Goes 'Off the Charts' eyeonhousing.org - 11:45AM Southwest and the Rocky Mountain Regions Led GDP Growth in the First Quarter of 2018 Reuters - 9:25AM U.S.-Mexico trade deal text to exclude Canada, irritating U.S. lawmakers CNBC - 8:48AM US consumer spending increased steadily in August Reuters - 8:08AM Italy raises deficit target, defies EU and rattles markets CNBC - 8:04AM Fed's Treasury and securities holdings fall below $4 trillion for the first time in 4 years Today's Rates Best Execution Rate Change 30 Yr FRM 4.78% -0.02 15 Yr FRM 4.26% -0.02 FHA 30 Year Fixed 4.37% -0.03 Jumbo 30 Year Fixed 4.32% -0.03 5/1 Yr ARM 3.95% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.68% 0.46 -0.01 15 Yr. Fixed 4.12% 0.51 +0.05 30 Yr. Jumbo 4.55% 0.37 +0.00 30 Yr. FHA 4.69% 0.81 -0.04 5/1 ARM 3.83% 0.68 -0.10 Freddie Mac ** 30 Yr. Fixed 4.65% 0.50 +0.05 15 Yr. Fixed 4.11% 0.50 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.92% 0.40 -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 95.63 -0.02 30YR FNMA 3.5 98.36 -0.03 30YR GNMA 3.0 96.88 +0.08 30YR GNMA 3.5 99.30 -0.03 15YR FNMA 3.0 98.75 -0.02 15YR FNMA 2.5 96.41 -0.05 Treasuries Yield Change 2 YR 2.8229% -0.0081 5 YR 2.9546% -0.0034 10 YR 3.0630% +0.0075 30 YR 3.2065% +0.0217 Prices as of: 9/28/2018 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Housing Sentiment Lukewarm; Pending Sales Slide; Rates Lowest in Over a Week

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30 Year Fixed 4.80%   -0.03 15 Year Fixed 4.28%   -0.01 10YR Treasury 3.06%   +0.0075 FNMA 30YR 3.5 98.38   -0.03 FNMA 15YR 2.5 98.77   -0.02 View Today's Rates

Thursday September 27, 2018 MND NewsWire - 10:37AM Housing Sentiment Lukewarm, Leads to Dismal Sales - Again The leading indicator for existing home sales continued to struggle in August and for the fourth time in the last five months purchase contract executions fell back from those in the ... Mortgage Rate Watch - 4:13PM Mortgage Rates Lowest in More Than a Week Mortgage rates fell modestly again today. Over the past 2 days, we've managed to undo more than a week of damage, with rates back at their best levels since September 17th. That may ... MBS Commentary - 9:09AM MBS Day Ahead: Bonds Have a Chance, But Victory Far From Guaranteed Yesterday's Fed announcement--specifically, Fed Chair Powell's press conference remarks--set bonds up for a potential bounce. This would come at a critical time considering the prevailing ... Pipeline Press - 9:03AM Insurance, Non-QM, Underwriting Products; Bank M&A Takes Off Goldman Sachs telling us it expects four more short-term rate increases by the Fed in 2019, and it doesn’t make money by being wrong. Is your company ready for that? STRATMOR ... IRS Slams Door on Property Tax Workarounds New Home Sales Reverse Course, Ending Two-Month Deficit Latest Video Santelli Exchange: Rate hikes and recessions Pending home sales index down 1.8 percent in August DocuSign CEO on automating agreements and blockchain More News from 'Around the Web' CNBC - 3:42PM Bay Area home sales tank 10 percent in August — to the slowest pace in 7 years Reuters - 1:29PM Fed chief Powell signals central bank is done with signaling webfeeds.brookings.edu - 1:18PM The Renters Strike Back www.freddiemac.com - 1:17PM Testimony Before the House Financial Services Committee Bloomberg - 11:56AM Whetton: More US Rate Hikes Are Coming webfeeds.brookings.edu - 11:20AM Hutchins Roundup: Local Market Concentration, Consumer Responses to Tax Refunds, and More Calculated Risk Blog - 10:35AM December 2006: Tanta joined CR! CNBC - 9:20AM New orders for key US-made capital goods unexpectedly dropped in August CNBC - 8:45AM Final reading on Q2 GDP confirms 4.2% gain, the fastest rise in nearly four years blog.stewart.com - 8:25AM Forecasts: Residential Refinance & Purchase Lending, 30-Year Conventional Mortgage Rates, Home Sales — September 2018 Bloomberg - 8:04AM Curve Flattening Returns With Gusto as Fed Pledges More Hikes Reuters - 8:03AM World shares lack momentum, U.S. bond yields fall as Fed sticks to script Today's Rates Best Execution Rate Change 30 Yr FRM 4.80% -0.03 15 Yr FRM 4.28% -0.01 FHA 30 Year Fixed 4.40% -0.04 Jumbo 30 Year Fixed 4.35% -0.03 5/1 Yr ARM 3.97% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.65% 1.14 +0.09 30 Yr. Fixed 4.19% 1.21 +0.02 MBA ** 30 Yr. Fixed 4.68% 0.46 -0.01 15 Yr. Fixed 4.12% 0.51 +0.05 30 Yr. Jumbo 4.55% 0.37 +0.00 30 Yr. FHA 4.69% 0.81 -0.04 5/1 ARM 3.83% 0.68 -0.10 Freddie Mac ** 30 Yr. Fixed 4.65% 0.50 +0.05 15 Yr. Fixed 4.11% 0.50 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.92% 0.40 -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 95.64 0.00 30YR FNMA 3.5 98.38 -0.03 30YR GNMA 3.0 96.83 -0.02 30YR GNMA 3.5 99.33 +0.11 15YR FNMA 3.0 98.77 -0.02 15YR FNMA 2.5 96.45 -0.03 Treasuries Yield Change 2 YR 2.8310% +0.0122 5 YR 2.9580% +0.0136 10 YR 3.0555% +0.0075 30 YR 3.1848% +0.0025 Prices as of: 9/27/2018 4:43PM 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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