Daily Newsletter: Much Better Week For Rates, But Bigger Picture Risks Remain; Rise of Nonbank Lending

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30 Year Fixed 3.78%   -0.02 15 Year Fixed 3.44%   -0.02 10YR Treasury 1.84%   -0.0069 FNMA 30YR 3.5 102.59   0.00 FNMA 15YR 2.5 102.16   +0.03 View Today's Rates

Friday November 15, 2019 Mortgage Rate Watch - 6:06PM Much Better Week For Rates, But Bigger Picture Risks Remain Mortgage rates finished the week in much better territory compared to last Friday. Today only added modestly to that move, but the simple act of moving in a friendly direction feels ... Pipeline Press - 8:59AM Home Equity, Budgeting Tools; Extensive Reports on Rise of Non-Bank Lending This week I’ve been running football quotes in the joke section at the bottom. Thanks to Gary B. who sent Chuck Noll’s, “Pressure is something you feel when you don’t ... MBS Day Ahead: Retail Sales in Focus; Trade Headlines Always a Risk What Exactly is "Mass Timber" and Why Should We Care? Latest Video October retail sales up 0.3% vs. 0.2% expected Luxury rentals surge in NYC despite drop in high-end home sales People have learned to not bet against the Fed: Marc Lasry More News from 'Around the Web' eyeonhousing.org - 3:09PM Declines in Single-Family Permits Across the Country in September Reuters - 2:11PM Fed says U.S. financial system resilient; flags low rates, 'stablecoin' as risks Calculated Risk Blog - 1:04PM Q4 GDP Forecasts: 0.3% to 1.5% CNBC - 12:21PM US officials repeatedly tout positive progress on China trade and the market still listens eyeonhousing.org - 10:51AM Minority Homeownership Rate Increases in Third Quarter CNBC - 10:29AM Ray Dalio says 'capital wars' will be the next front in the US-China economic conflict Calculated Risk Blog - 9:29AM Industrial Production Decreased in October CNBC - 8:34AM Retail sales rebound in October, rising 0.3% vs 0.2% expected Reuters - 8:26AM Global debt to top record $255 trillion by year's end Reuters - 8:03AM Ross says U.S., China to discuss trade deal in call on Friday Today's Rates Best Execution Rate Change 30 Yr FRM 3.78% -0.02 15 Yr FRM 3.44% -0.02 FHA 30 Year Fixed 3.41% -0.02 Jumbo 30 Year Fixed 3.87% -0.02 5/1 Yr ARM 3.44% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.05% 0.37 +0.03 15 Yr. Fixed 3.40% 0.36 +0.01 30 Yr. Jumbo 4.01% 0.30 +0.05 30 Yr. FHA 3.83% 0.28 +0.04 5/1 ARM 3.43% 0.23 +0.14 Freddie Mac ** 30 Yr. Fixed 3.75% 0.60 +0.06 15 Yr. Fixed 3.20% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.44% 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 3.0 101.30 -0.03 30YR FNMA 3.5 102.59 0.00 30YR GNMA 3.0 102.67 0.00 30YR GNMA 3.5 103.81 +0.09 15YR FNMA 3.0 102.16 +0.03 15YR FNMA 2.5 100.75 +0.02 Treasuries Yield Change 2 YR 1.6142% +0.0228 5 YR 1.6534% +0.0250 10 YR 1.8359% -0.0069 30 YR 2.3083% +0.0057 Prices as of: 11/15/2019 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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