Daily Newsletter: After a Steady Run, Builder Confidence Finally Folds; Rates Stay Lower; Sweat Equity Downpayments

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30 Year Fixed 4.93%   -0.01 15 Year Fixed 4.43%   -0.01 10YR Treasury 3.06%   -0.0019 FNMA 30YR 3.5 97.66   -0.09 FNMA 15YR 2.5 98.39   -0.05 View Today's Rates

Monday November 19, 2018 MND NewsWire - 10:32AM After a Steady Run, Builder Confidence Finally Folds Builder confidence took a steep dive this month, reflecting increasing news of slowing home sales and rising concerns over affordability. The National Association of Home Builders ... Mortgage Rate Watch - 4:55PM Mortgage Rates Maintain Recent Lows Mortgage rates unexpectedly dropped to their lowest levels in more than a month as of last Friday. That assertion is at odds with quite a few media reports that cited Freddie Mac's ... MND NewsWire - 5:17PM Sweat Equity as a Downpayment? Yes, Actually Freddie Mac has announced a new collaboration with a handful of rural non-profits to expand sweat equity opportunities to homeowners in several rural and underserved regions. Potential ... MBS Day Ahead: Slow Holiday Trading Unless These Key Levels Break Lehman Litigation Webinar; Upcoming Events and Training; New Products Latest Video Closing Bell Exchange: Interest rates most likely have peaked Santelli Exchange: Have rates peaked for the year? Homebuilder confidence plummets to the lowest level in more than 2 years More News from 'Around the Web' Bloomberg - 5:20PM Fire Risk: California Drought Conditions 100%, Up From 26% CNBC - 4:36PM Fed doesn't seem in as much of a rush to raise interest rates as stocks plunge Bloomberg - 4:34PM Fed Study of Labor Participation Finds US at Full Employment Calculated Risk Blog - 4:03PM California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY Calculated Risk Blog - 2:05PM Sacramento Housing in October: Sales Down 4.8% YoY, Active Inventory up 21% YoY Reuters - 2:05PM A key Fed official stays the course on U.S. rate hikes amid growing doubts Bloomberg - 11:45AM Bond Traders Face More Volatility as Fed Uncertainty Increases webfeeds.brookings.edu - 11:14AM Americans aren't moving to economic opportunity CNBC - 8:50AM Goldman Sachs believes the US economy will slow to a crawl next year Reuters - 8:50AM Germany's Weber says draft Brexit deal will not be renegotiated Bloomberg - 8:49AM Corporate America's Debt Boom Looks Like a Bust for the Economy Calculated Risk Blog - 8:16AM Existing Home Sales for October: Take the Over CNBC - 8:16AM Slumping home prices are creating a buyers market in luxury homes Today's Rates Best Execution Rate Change 30 Yr FRM 4.93% -0.01 15 Yr FRM 4.43% -0.01 FHA 30 Year Fixed 4.45% -0.02 Jumbo 30 Year Fixed 4.57% +0.00 5/1 Yr ARM 4.72% +0.01 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 4.94% 0.50 +0.00 15 Yr. Fixed 4.36% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 0.30 +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 94.94 -0.13 30YR FNMA 3.5 97.66 -0.09 30YR GNMA 3.0 96.05 -0.08 30YR GNMA 3.5 98.38 -0.14 15YR FNMA 3.0 98.39 -0.05 15YR FNMA 2.5 96.09 -0.13 Treasuries Yield Change 2 YR 2.7913% -0.0168 5 YR 2.8714% -0.0102 10 YR 3.0628% -0.0019 30 YR 3.3221% +0.0041 Prices as of: 11/19/2018 5:06PM 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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