Daily Newsletter: Rates Face Big Volatility Risk Next Week; Weak Econ Data Helps Market Hunker Down Before G20

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30 Year Fixed 3.81%   -0.01 15 Year Fixed 3.61%   -0.01 10YR Treasury 2.01%   -0.0072 FNMA 30YR 3.5 102.22   +0.02 FNMA 15YR 2.5 101.94   0.00 View Today's Rates

Friday June 28, 2019 Mortgage Rate Watch - 12:59PM Rates Face Big Volatility Risk Next Week Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage-Backed-Securities (MBS) were noticeable ... MBS Commentary - 8:34AM MBS Day Ahead: Bonds Hope to Avoid Rocking Boat Until Next Week In the day just past, both stocks and bonds showed a greater predisposition to react to trade-related headlines (more so in stocks, but noticeable in bonds as well). This likely has ... Pipeline Press - 9:09AM Broker, Appraisal Products; Investor Policy and Procedure Changes VA lenders are talking about the “cap” being removed as the Department of Veterans Affairs can now back loans that exceed the conforming loan limit. President Trump signed ... Rent or Buy? The Answer May Depend on Your Other Expenses Pending Home Sales Set Stage for Solid Summer Sales Latest Video Chicago PMI clocks in at 49.7 for June Consumer spending rose in May, beating expectations Biggest risk to the markets is if Fed doesn't cut rates, says BNY's Liz Young More News from 'Around the Web' Reuters - 1:29PM Explainer: U.S.-China trade talks: where they are and what's at stake CNBC - 12:15PM 83% of non-homeowners say student loans are the reason they can't afford to buy Calculated Risk Blog - 11:45AM Q2 GDP Forecasts: Around 1.5% Calculated Risk Blog - 11:15AM Philly Fed: State Coincident Indexes increased in 41 states in May Reuters - 10:36AM Shares in big banks climb as Fed approves capital plans Bloomberg - 9:10AM U.S. Core Inflation Shows Signs of Life as Fed Weighs Rate Cut Bloomberg - 8:14AM Multiple Fed Cuts, Trade Deal Path Plot, Uncertain Yuan: Eco Day Bloomberg - 8:10AM Trump Wants Fed to Weaken Dollar. Powell Says That's Not His Job Today's Rates Best Execution Rate Change 30 Yr FRM 3.81% -0.01 15 Yr FRM 3.61% -0.01 FHA 30 Year Fixed 3.60% +0.00 Jumbo 30 Year Fixed 3.87% -0.01 5/1 Yr ARM 3.66% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.22% 1.43 -0.12 30 Yr. Fixed 4.78% 1.18 -0.20 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 3.73% 0.50 -0.11 15 Yr. Fixed 3.16% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.09 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 3.0 100.83 -0.03 30YR FNMA 3.5 102.22 +0.02 30YR GNMA 3.0 102.20 -0.05 30YR GNMA 3.5 103.28 0.00 15YR FNMA 3.0 101.94 0.00 15YR FNMA 2.5 100.67 +0.02 Treasuries Yield Change 2 YR 1.7409% -0.0060 5 YR 1.7631% -0.0082 10 YR 2.0068% -0.0072 30 YR 2.5284% -0.0072 Prices as of: 6/28/2019 2:09PM 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Pending Sales Promise Solid Summer; Rates Edge Lower; Here's Why You Might Rent Instead of Buy

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30 Year Fixed 3.82%   -0.03 15 Year Fixed 3.62%   -0.06 10YR Treasury 2.01%   -0.0363 FNMA 30YR 3.5 102.20   +0.16 FNMA 15YR 2.5 101.94   +0.13 View Today's Rates

Thursday June 27, 2019 Mortgage Rate Watch - 4:19PM Mortgage Rates Edge Lower to Remain in Recent Range Mortgage rates rose to the week's highest levels yesterday, but they moved back down today . Although there have been slightly better days over the past 2 weeks, today's improvement ... MND NewsWire - 10:22AM Pending Home Sales Set Stage for Solid Summer Sales Pending home sales got back on track in May , increasing by 1.1 percent after a 1.5 percent setback in April. The National Association of Realtors® (NAR) said its Pending Home Sales ... MND NewsWire - 3:46PM Rent or Buy? The Answer May Depend on Your Other Expenses A household's decision between buying a home and renting one is being increasingly determined by its student loan debt and childcare cost burdens according to results of a Freddie Mac ... MBS Commentary - 8:43AM MBS Day Ahead: G20 Headlines Starting to Flow In the day just past, bond markets weakened at a reasonably quick pace. The initial motivation was a headline regarding the prospects of a US/China trade deal in the overnight session ... Sales, Software, Jumbo Products; Vendor News Freddie Mac Portfolio Growth Accelerates Latest Video Here's what Fannie Mae is forecasting for the housing market We've forgotten the impact of a Fed cut, says Neuberger Berman multi-asset CIO Biggest risk to the markets is if Fed doesn't cut rates, says BNY's Liz Young More News from 'Around the Web' Reuters - 3:57PM Stocks gain on U.S.-China trade truce hopes, dollar flat Reuters - 1:57PM Trump decision on China tariffs depends on Xi meeting: U.S. official Calculated Risk Blog - 1:56PM Reis: Apartment Vacancy Rate unchanged in Q2 at 4.7% CNBC - 1:56PM The bond market is doing something that is usually a sign for investors to 'flee for the hills' CNBC - 11:54AM Kudlow: No preconditions are set for China trade meeting, may move ahead on additional tariffs Calculated Risk Blog - 11:22AM Kansas City Fed: "Tenth District Manufacturing Activity Flat" Bloomberg - 10:25AM Homebuying Difficult for Americans in Three-Fourths of Markets CNBC - 8:50AM US economy grew at solid 3.1% rate in the first quarter Reuters - 8:03AM China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms Today's Rates Best Execution Rate Change 30 Yr FRM 3.82% -0.03 15 Yr FRM 3.62% -0.06 FHA 30 Year Fixed 3.60% -0.02 Jumbo 30 Year Fixed 3.88% -0.02 5/1 Yr ARM 3.67% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.22% 1.43 -0.12 30 Yr. Fixed 4.78% 1.18 -0.20 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 3.73% 0.50 -0.11 15 Yr. Fixed 3.16% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.09 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 3.0 100.86 +0.22 30YR FNMA 3.5 102.20 +0.16 30YR GNMA 3.0 102.25 +0.19 30YR GNMA 3.5 103.28 +0.16 15YR FNMA 3.0 101.94 +0.13 15YR FNMA 2.5 100.66 +0.19 Treasuries Yield Change 2 YR 1.7469% -0.0281 5 YR 1.7697% -0.0288 10 YR 2.0140% -0.0363 30 YR 2.5313% -0.0411 Prices as of: 6/27/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Rates Pop Up to This Week's Highs; Friendly Fed Helping Refi Demand; Treasury Weakness Means Mortgages Catch Up

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30 Year Fixed 3.85%   +0.06 15 Year Fixed 3.68%   +0.05 10YR Treasury 2.05%   +0.0619 FNMA 30YR 3.5 102.05   -0.16 FNMA 15YR 2.5 101.81   -0.19 View Today's Rates

Wednesday June 26, 2019 Mortgage Rate Watch - 4:46PM Mortgage Rates Pop Up to This Week's Highs Mortgage rates hadn't moved much since last Friday--a good thing considering those levels were in line with the lowest levels in a long time. The ground-holding gave way today, however ... MND NewsWire - 8:08AM "Dovish" FOMC Statement Bolsters Refi Activity The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan application volume, managed a seasonally adjusted 1.3 percent increase during the week ended ... MBS Commentary - 9:59AM MBS Day Ahead: Treasury Weakness is a Chance for MBS to Catch Up In the day just past, bonds extended the gains seen on Monday with 10yr yields hitting 1.98% before encountering resistance. The gains are most readily attributed to an imbalance of ... MND NewsWire - 9:44AM Freddie Mac Portfolio Growth Accelerates Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 7.5 percent in May , increasing from 6.2 percent the previous month. The portfolio ... Capital Markets Products; New Programs From Agencies, Lenders, and Investors New Home Sales in West Plummet, Skewing National Totals Latest Video Treasury's Mnuchin tells CNBC he sees path to complete US-China trade deal How lower mortgage rates are strengthening the refinance market Build-to-rent explodes as investors look for new inventory More News from 'Around the Web' Reuters - 4:31PM Trump says trade deal 'possible' with China's Xi, tariffs could be lower Bloomberg - 3:14PM Donald Trump is Getting Mario Draghi All Wrong - Bloomberg Reuters - 3:13PM Trump says he can fire Fed's Powell; it's not that simple CNBC - 1:26PM Suddenly, the build-to-rent single-family housing market is exploding www.realtor.com - 1:26PM There's a Huge Gap Between What Home Buyers Want and What's for Sale Bloomberg - 11:53AM U.S. Rates Volatility Gears Up for Aging Business Cycle to Turn Reuters - 10:39AM U.S. Treasury Secretary says U.S., China were close to trade deal: CNBC Reuters - 9:59AM Trump says Fed should cut U.S. rates; Powell doing 'bad job' CNBC - 9:29AM Not sure what your renters insurance covers? You're not alone CNBC - 8:42AM US core capital goods orders rebound; shipments increase CNBC - 8:02AM Treasury yields tick higher as investors digest Powell comments Today's Rates Best Execution Rate Change 30 Yr FRM 3.85% +0.06 15 Yr FRM 3.68% +0.05 FHA 30 Year Fixed 3.62% +0.02 Jumbo 30 Year Fixed 3.90% +0.04 5/1 Yr ARM 3.70% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.22% 1.43 -0.12 30 Yr. Fixed 4.78% 1.18 -0.20 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 3.84% 0.50 +0.02 15 Yr. Fixed 3.25% 0.40 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.48% 0.40 -0.03 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 3.0 100.64 -0.28 30YR FNMA 3.5 102.05 -0.16 30YR GNMA 3.0 102.06 -0.23 30YR GNMA 3.5 103.13 -0.13 15YR FNMA 3.0 101.81 -0.19 15YR FNMA 2.5 100.47 -0.27 Treasuries Yield Change 2 YR 1.7750% +0.0391 5 YR 1.7985% +0.0692 10 YR 2.0503% +0.0619 30 YR 2.5724% +0.0496 Prices as of: 6/26/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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