Daily Newsletter: Mortgage Apps Drop as Rates Bottom Out

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30 Year Fixed 3.81%   +0.02 15 Year Fixed 3.45%   +0.01 10YR Treasury 1.92%   +0.0437 FNMA 30YR 3.5 102.61   -0.19 FNMA 15YR 2.5 102.30   -0.11 View Today's Rates

Wednesday December 18, 2019 MND NewsWire - 8:08AM Mortgage Apps Reflect Seasonal Slowdown The volume of mortgage applications retreated this past week, giving back most of the gains scored during the week ended December 6 following the Thanksgiving week lull. The Mortgage ... Mortgage Rate Watch - 4:10PM Mortgage Rates Drifting Tentatively Higher Mortgage rates moved moderately higher today, but remained well within the range that's been intact for at least a month now. During that time, the average conventional 30yr fixed rate ... MBS Commentary - 9:18AM MBS Day Ahead: Revisiting What We Mean by 'Month-End' With trading activity rapidly winding down and with the end of the year rapidly approaching, rather than send you a forced rehash of the same old commentary from the past few days ... Pipeline Press - 8:57AM Sales, Broker, Regulatory Tools; Lenders React to Taxpayers First Act Paperwork; Rates Quiet My background is in capital markets, with a razor-sharp mind for figures. Not anymore. Remember when you’d have dozens of phone numbers memorized? Now the only phone number I ... Home Building Defies Expectations, Up 11% From 2018 Comp Survey; Training and Events; Co-Marketing and JVs Latest Video Santelli Exchange: Economic fairy dust Watch CNBC's full interview with New York Fed president John Williams Mortgage applications drop as interest rates flatten More News from 'Around the Web' Calculated Risk Blog - 3:53PM Phoenix Real Estate in November: Sales up 7.0% YoY, Active Inventory Down 20.7% YoY www.realtor.com - 3:53PM Mansion Tax May Be Headed to Boston Next blog.stewart.com - 3:53PM The Three Bears Paradox on Housing Construction — Too Much, Too Little or Just Right Reuters - 3:52PM Exclusive: Freddie Mac offers early retirement to 25% of workforce - sources CNBC - 2:06PM The thing that freaked everyone out about a recession is now moving in the opposite direction eyeonhousing.org - 2:01PM Share of New Homes with Patios Edges Up Again CNBC - 10:37AM NY Fed's Williams says it would take a 'material' change in economy for Fed to adjust stance eyeonhousing.org - 10:15AM Absorption Rate Up Slightly for Apartment in Second Quarter www.redfin.com - 8:31AM iBuyers Purchased Over 10% of Homes in 8 Neighborhoods This Year CNBC - 8:01AM Fannie Mae boosts 2020 housing forecast 'significantly' Reuters - 8:01AM Fed's Brainard: Facebook's Libra faces 'core set' of regulatory hurdles Today's Rates Best Execution Rate Change 30 Yr FRM 3.81% +0.02 15 Yr FRM 3.45% +0.01 FHA 30 Year Fixed 3.42% +0.01 Jumbo 30 Year Fixed 3.91% +0.01 5/1 Yr ARM 3.50% +0.00 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 3.73% 0.70 +0.05 15 Yr. Fixed 3.19% 0.70 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.36% 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 3.0 101.06 -0.27 30YR FNMA 3.5 102.61 -0.19 30YR GNMA 3.0 102.33 -0.45 30YR GNMA 3.5 103.31 -0.45 15YR FNMA 3.0 102.30 -0.11 15YR FNMA 2.5 100.61 -0.22 Treasuries Yield Change 2 YR 1.6328% +0.0083 5 YR 1.7349% +0.0334 10 YR 1.9186% +0.0437 30 YR 2.3487% +0.0492 Prices as of: 12/18/2019 4:59PM 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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