Daily Newsletter: Home Prices Slowing Their Momentum, Catching up With Housing; Fed Tomorrow; Rates Sideways to Higher

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30 Year Fixed 4.87%   +0.01 15 Year Fixed 4.32%   +0.01 10YR Treasury 3.09%   +0.0056 FNMA 30YR 3.5 98.11   -0.06 FNMA 15YR 2.5 98.56   0.00 View Today's Rates

Tuesday September 25, 2018 MND NewsWire - 10:39AM Home Prices Slowing Their Momentum, Catching up With Housing Both of the major home price indexes that were released this morning showed continued deceleration in the rate of appreciation, even though July is usually one of the strongest months ... MBS Commentary - 9:11AM MBS Day Ahead: Here's The Wind-Up We talk sometimes about bonds taking a "lead-off" (like in that sport that a few of us still remember). Well, at least I talk about bonds taking a lead-off. In baseball, it's pretty ... Mortgage Rate Watch - 3:34PM Mortgage Rates Unchanged to Slightly Higher Mortgage rates were unchanged for some lenders today while others were in slightly higher territory. Either way, that leaves the average lender at the highest levels in more than 7 ... Pipeline Press - 9:04AM LO Jobs; Digital, QC Products; Lender M&A; Fast Approaching Training and Events The U.S. economy and job market are firing on nearly all cylinders (hence higher rates) but the housing market has essentially stalled. Here’s a stat that most real estate agents ... Housing Market Struggles to Keep Pace With US Economy MBS Day Ahead: Bonds Gearing Up For Unfriendly Fed Latest Video CNBC Fed Survey: Only 14.4% chance of recession in next 12 months There's a chance for a more dovish Fed in 2019, says pro CNBC Fed Survey: Stocks and bonds headed higher More News from 'Around the Web' CNBC - 3:51PM CNBC FED SURVEY: CNBC'S STEVE LIESMAN: FED EXPECTED TO HIKE RATES TWICE MORE THIS YEAR AND THEN RISK A 'POLICY MISTAKE' Calculated Risk Blog - 1:42PM Real House Prices and Price-to-Rent Ratio in July CNBC - 1:41PM Amazon makes first investment in a home builder, backing start-up focused on prefabricated houses CNBC - 12:16PM The key bond rate that affects mortgages looks ready to break higher Calculated Risk Blog - 11:21AM Richmond Fed: "Fifth District Manufacturing Activity Was Robust in September" Bloomberg - 11:02AM Fed Rate Path, ECB Inflation Comments, Italy's Budget: Eco Day CNBC - 10:27AM Consumer confidence rises to highest level in 18 years www.redfin.com - 10:13AM Redfin Housing Demand Index Unchanged For Fourth Consecutive Month in August eyeonhousing.org - 9:47AM Northeast and Midwest Lags in Job Gains in August Calculated Risk Blog - 9:28AM Case-Shiller: National House Price Index increased 6.0% year-over-year in July Reuters - 8:37AM China says U.S. putting 'knife to its neck', hard to proceed on trade CNBC - 8:06AM Rates rise as Fed set to begin two-day meeting; 10-year Treasury yield hits highest since May Bloomberg - 8:05AM Fed May Raise Rates to 3% by Mid-2019, JPMorgan's Stealey Says Today's Rates Best Execution Rate Change 30 Yr FRM 4.87% +0.01 15 Yr FRM 4.32% +0.01 FHA 30 Year Fixed 4.49% +0.01 Jumbo 30 Year Fixed 4.40% +0.00 5/1 Yr ARM 4.02% -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 95.33 -0.05 30YR FNMA 3.5 98.11 -0.06 30YR GNMA 3.0 96.69 +0.08 30YR GNMA 3.5 99.11 +0.02 15YR FNMA 3.0 98.56 0.00 15YR FNMA 2.5 96.25 0.00 Treasuries Yield Change 2 YR 2.8391% +0.0180 5 YR 2.9797% +0.0105 10 YR 3.0945% +0.0056 30 YR 3.2267% +0.0026 Prices as of: 9/25/2018 4:06PM 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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