Daily Newsletter: Move Over Millennials, Gen Z is Ready for Homeownership; Mortgage Profits Surge

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30 Year Fixed 3.74%   +0.01 15 Year Fixed 3.40%   +0.00 10YR Treasury 1.77%   -0.0051 FNMA 30YR 3.5 102.63   -0.02 FNMA 15YR 2.5 102.25   +0.02 View Today's Rates

Friday November 22, 2019 MND NewsWire - 11:44AM Move Over Millennials, Gen Z is Ready for Homeownership Apparently it is time to shift our total attention from the Millennial generation. A new survey from Freddie Mac introduces the housing hopes and dreams of its successor - Generation ... MND NewsWire - 8:06AM Mortgage Companies Score Highest Profits in Seven Years Lower interest rates translated to higher volume in the third quarter of the year, giving mortgage companies their highest profits in seven years. The Mortgage Bankers Association's ... Mortgage Rate Watch - 5:34PM Mortgage Rates Holding Near November Lows Mortgage rates ended their recent winning streak yesterday, but they have yet to try to get a losing streak started! In other words, rates bottomed out after a week and a half of improvement ... MBS Commentary - 10:39AM MBS Day Ahead: Small Things May Happen, But Big Things Are Less Likely I'm sorry if the following is starting to sound like a broken record, but it's all we really have at the moment. The bond market encounters these sorts of trends from time to time. ... LO jobs; Processing, Forecasting, Application Tools; Deep Dive Into HECMs Existing Home Sales Resume Gains, Realtors Say More to Come Latest Video For-sale housing inventory is running out, here's why A look at the progress of the US-China trade deal Zillow CEO says its home-flipping business is not the end of its expansion plans More News from 'Around the Web' www.consumerfinancemonitor.com - 5:30PM CFPB to Assess TRID Rule's Effectiveness Reuters - 5:30PM U.S. banks cram for Fed risk test, with ripple effects in repo Calculated Risk Blog - 3:24PM Philly Fed: State Coincident Indexes increased in 33 states in October www.realtor.com - 2:11PM Where the 2020 Presidential Candidates Stand on Affordable Housing CNBC - 1:02PM Goldman sees 'baby bear' market for bonds in 2020 in a year of risks Calculated Risk Blog - 12:20PM Q4 GDP Forecasts: 0.4% to 1.9% eyeonhousing.org - 10:54AM Share of 5,000+ Square Foot Homes Down Slightly in 2018 Reuters - 9:58AM U.S. factory and services activity quicken in November: Markit Calculated Risk Blog - 9:50AM One Year Ago: "Is a Recession Coming?" eyeonhousing.org - 9:18AM Quarterly Gain for Custom Home Building CNBC - 9:03AM Trump says trade deal with China is 'very close' Bloomberg - 8:03AM Goldman Sees Baby Bond Bear Market, Cyclical Stock Rally in 2020 Bloomberg - 8:02AM Trump's Fed Pick Judy Shelton Cast Doubt on Central Bank Independence Today's Rates Best Execution Rate Change 30 Yr FRM 3.74% +0.01 15 Yr FRM 3.40% +0.00 FHA 30 Year Fixed 3.37% +0.00 Jumbo 30 Year Fixed 3.83% +0.00 5/1 Yr ARM 3.42% +0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.66% 0.60 -0.09 15 Yr. Fixed 3.15% 0.50 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 -0.05 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 3.0 101.36 -0.03 30YR FNMA 3.5 102.63 -0.02 30YR GNMA 3.0 102.73 -0.02 30YR GNMA 3.5 103.66 0.00 15YR FNMA 3.0 102.25 +0.02 15YR FNMA 2.5 100.78 -0.02 Treasuries Yield Change 2 YR 1.6256% +0.0169 5 YR 1.6240% +0.0051 10 YR 1.7706% -0.0051 30 YR 2.2188% -0.0141 Prices as of: 11/22/2019 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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