Daily Newsletter: Scary Week For Bonds; Zombie Foreclosures; No Puns Intended

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30 Year Fixed 4.97%   +0.01 15 Year Fixed 4.46%   +0.01 10YR Treasury 3.15%   +0.0322 FNMA 30YR 3.5 97.31   -0.23 FNMA 15YR 2.5 98.14   -0.13 View Today's Rates

Wednesday October 31, 2018 MND NewsWire - 4:19PM Coincidence? A Zombie Foreclosure Report in Late October While they are talking apples and oranges, both the U.S. Census Bureau and ATTOM Data Solutions each took a recent look at residential vacancies . The Census Bureau's quarterly report ... Mortgage Rate Watch - 3:29PM Mortgage Rates Keep Edging Higher as Stocks Recover Mortgage rates were higher by a fairly small margin once again today. Interest rates in general (which are determined by the bond market) have been taking most of their cues from recent ... MBS Commentary - 9:18AM MBS Day Ahead: This is Becoming a Scary Week For Bonds The title of this commentary is not a Halloween pun . I don't do Halloween puns anymore. No, there is some legitimate cause for concern--even a bit of fear--in the bond market movement ... MND NewsWire - 8:10AM After Brief Reprieve, Mortgage Apps Resume Downward Path After posting the first across-the-board volume increases in almost a month during the week ended October 19, activity reversed last week, and the seasonally adjusted Market Composite ... Sales and LO Jobs; Vendor News; Current Rates and the Economy Weakening Home Prices Are Not a Signal for 2008 Reboot Latest Video Raising interest rates is healthy for the economy, says Sam Zell Yellen: A couple more rates hikes are necessary Southern California home sales plummet More News from 'Around the Web' CNBC - 2:59PM San Francisco Bay area home sales suffer their slowest September in 11 years www.realtor.com - 12:51PM American Homeownership Increases Again as Housing Market Looks for Balance www.consumerfinancemonitor.com - 12:49PM CFPB Revises HMDA Small Entity Compliance Guide Reuters - 11:19AM Robust earnings boost equity markets after brutal month Bloomberg - 11:19AM Treasury Lifts Long-Term Debt Sales for Fourth-Straight Quarter Reuters - 11:18AM U.S. Federal Reserve unveils proposal to ease regulations for larger banks eyeonhousing.org - 10:10AM Community Associations Continue to Rise Bloomberg - 9:53AM Foreigners Like U.S. Debt as Much as They Ever Have CNBC - 9:46AM Wages and salaries jump by 3.1%, highest level in a decade CNBC - 9:45AM The problem with housing is prices have recovered but demand hasn't: Real estate mogul Sam Zell CNBC - 8:24AM 'Robust' jobs market sees another 227,000 hires in October CNBC - 8:11AM Yellen says rising deficit is unsustainable: 'If I had a magic wand, I would raise taxes' Bloomberg - 8:03AM Janet Yellen Says She's Concerned About Trump Undermining Trust in Fed Reuters - 8:02AM Yields steady, volume low with spate of data ahead Today's Rates Best Execution Rate Change 30 Yr FRM 4.97% +0.01 15 Yr FRM 4.46% +0.01 FHA 30 Year Fixed 4.45% +0.01 Jumbo 30 Year Fixed 4.44% +0.04 5/1 Yr ARM 4.48% +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 4.86% 0.50 +0.01 15 Yr. Fixed 4.29% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 0.30 +0.04 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 94.56 -0.23 30YR FNMA 3.5 97.31 -0.23 30YR GNMA 3.0 95.64 -0.20 30YR GNMA 3.5 98.16 -0.19 15YR FNMA 3.0 98.14 -0.13 15YR FNMA 2.5 95.72 -0.16 Treasuries Yield Change 2 YR 2.8750% +0.0243 5 YR 2.9834% +0.0322 10 YR 3.1511% +0.0322 30 YR 3.3962% +0.0369 Prices as of: 10/31/2018 4:18PM 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: Freddie Sees Home Sales Regaining Momentum in 2019; Price Slump Doesn't Mean This is 2008; Rates Edge Higher

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30 Year Fixed 4.96%   +0.02 15 Year Fixed 4.45%   +0.02 10YR Treasury 3.11%   +0.0245 FNMA 30YR 3.5 97.52   -0.14 FNMA 15YR 2.5 98.25   -0.05 View Today's Rates

Tuesday October 30, 2018 MND NewsWire - 4:07PM Freddie Sees Home Sales Regaining Momentum in 2019 Freddie Mac is forecasting that there will be GDP growth of 3.0 percent in the second quarter of this year, moderating from the strong 4.2 percent growth in the first quarter. The company ... MND NewsWire - 10:53AM Weakening Home Prices Are Not a Signal for 2008 Reboot The S&P CoreLogic Case-Shiller U.S. National Home Price Index for August showed an annual appreciation rate that was lower than 6.0 percent for the first time in a year. The rate ... Mortgage Rate Watch - 3:05PM Mortgage Rates Edge Higher Mortgage rates were moderately higher today as underlying bond markets continued backing away from their strongest levels in more than 3 weeks (stronger bonds = lower rates). In general ... MBS Commentary - 8:45AM MBS Day Ahead: Two Trends Suggest Risk of Resistance Bounce For Rates With bonds being flat to slightly weaker yesterday and now noticeably weaker overnight, we may be looking at our first real resistance bounce (aka "floor") in over a week. Such a bounce ... Borrower Satisfaction Products; Upcoming Events; Price Compression and High Rates NAR Survey Catalogs Changes in Home Buyer Characteristics Latest Video The market's future lies in whichever party wins in midterms, expert says October's consumer confidence index at 137.9 China says US tariff 'noise' won't intimidate China More News from 'Around the Web' CNBC - 3:02PM Southern California suffers its worst housing slump in over a decade eyeonhousing.org - 2:01PM Millennial Homeownership Rate Rises to 37% Bloomberg - 11:38AM Italy Bonds Slide as Economy Slows, Debt Auction Underwhelms CNBC - 11:12AM Consumer confidence rises to an 18-year high in October Calculated Risk Blog - 10:22AM HVS: Q3 2018 Homeownership and Vacancy Rates Calculated Risk Blog - 9:53AM Case-Shiller: National House Price Index increased 5.8% year-over-year in August www.consumerfinancemonitor.com - 9:26AM Will HUD propose a revised disparate impact rule by December 18? www.redfin.com - 8:45AM Redfin Housing Demand Index Posts Strong Gain from August to September Reuters - 8:43AM Trump says he expects 'great deal' with China, but more tariffs if not Bloomberg - 8:03AM US House Prices Are Rising Faster Than American Wages Bloomberg - 8:03AM Blockchain Could Speed Homebuying, Once the Hurdles Are Cleared Today's Rates Best Execution Rate Change 30 Yr FRM 4.96% +0.02 15 Yr FRM 4.45% +0.02 FHA 30 Year Fixed 4.44% +0.02 Jumbo 30 Year Fixed 4.40% +0.02 5/1 Yr ARM 4.46% +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 4.86% 0.50 +0.01 15 Yr. Fixed 4.29% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 0.30 +0.04 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 94.80 -0.17 30YR FNMA 3.5 97.52 -0.14 30YR GNMA 3.0 95.86 -0.16 30YR GNMA 3.5 98.31 -0.16 15YR FNMA 3.0 98.25 -0.05 15YR FNMA 2.5 95.89 -0.03 Treasuries Yield Change 2 YR 2.8507% +0.0283 5 YR 2.9461% +0.0238 10 YR 3.1132% +0.0245 30 YR 3.3558% +0.0218 Prices as of: 10/30/2018 4:07PM 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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