Daily Newsletter: Mortgage Rates Officially at New 3 Year Lows; Homeownership Barely Budging

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30 Year Fixed 3.47%   -0.02 15 Year Fixed 3.13%   -0.01 10YR Treasury 1.51%   -0.0771 FNMA 30YR 3.5 103.22   +0.08 FNMA 15YR 2.5 102.98   +0.14 View Today's Rates

Friday January 31, 2020 Mortgage Rate Watch - 5:38PM Mortgage Rates Officially at New 3 Year Lows Mortgage rates inched even lower today as the market resumed efforts to react to and account for risks surrounding the coronavirus outbreak. Weaker economic data also played a part ... MND NewsWire - 6:43PM Homeownership Rate Still Barely Budging The homeownership rate seems stubbornly stuck only a few percentage points from where it bottomed out in the second quarter of 2016. The U.S. Census Bureau said the national rate in ... MBS Commentary - 6:07PM MBS RECAP: Bonds Forge New Lows After Yesterday's False Alarm When the World Health Organization declared coronavirus an international health emergency yesterday, there were two schools of thought. At first glance, it should have been good for ... MBS Day Ahead: False Alarm, But Still on Guard Marketing, Broker, Pricing Products; Rates, the Fed and the Coronavirus Latest Video Britain to formally withdraw from the EU Mortgage rates around 3% will get buyers out: Economist Pimco On Coronavirus: Markets were looking for excuse to sell off More News from 'Around the Web' www.npr.org - 4:52PM Trump Declares Coronavirus A Public Health Emergency And Restricts Travel From China CNBC - 4:14PM What the FICO credit score changes mean for first-time homebuyers Reuters - 2:20PM Major U.S. airlines cancel China flights as government takes action Calculated Risk Blog - 11:57AM Q1 GDP Forecasts: 1.0% to 2.7% CNBC - 11:23AM Fed Chairman Powell thought it was 'terrific' that a senator defended him against Trump Reuters - 10:53AM Germany wants to conclude Brexit talks by year's end: minister CNBC - 10:41AM How to buy a house despite student debt Calculated Risk Blog - 9:51AM Q4 2019 GDP Details on Residential and Commercial Real Estate CNBC - 9:17AM More than 9 million homeowners could save big money on a mortgage refinance as rates hit lowest point since 2016 Reuters - 9:08AM U.S. consumer spending rises steadily; income tepid eyeonhousing.org - 8:36AM Interest Rates Can Also Price Households Out of the Market CNBC - 8:03AM US Treasury yields rise after briefly sending a recession signal Today's Rates Best Execution Rate Change 30 Yr FRM 3.47% -0.02 15 Yr FRM 3.13% -0.01 FHA 30 Year Fixed 3.33% +0.00 Jumbo 30 Year Fixed 3.61% -0.01 5/1 Yr ARM 3.37% -0.01 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 3.81% 0.28 -0.06 15 Yr. Fixed 3.24% 0.22 -0.01 30 Yr. Jumbo 3.78% 0.20 -0.09 30 Yr. FHA 3.82% 0.27 -0.05 5/1 ARM 3.15% 0.12 -0.14 Freddie Mac ** 30 Yr. Fixed 3.51% 0.70 -0.09 15 Yr. Fixed 3.00% 0.70 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.24% 0.30 -0.04 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 3.0 102.23 +0.14 30YR FNMA 3.5 103.22 +0.08 30YR GNMA 3.0 102.81 +0.14 30YR GNMA 3.5 103.91 +0.08 15YR FNMA 3.0 102.98 +0.14 15YR FNMA 2.5 101.73 +0.17 Treasuries Yield Change 2 YR 1.3191% -0.0956 5 YR 1.3150% -0.0941 10 YR 1.5051% -0.0771 30 YR 1.9970% -0.0509 Prices as of: 1/31/2020 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Mortgage Rates Basically at Best Levels Since 2016; How Low Can We Go?

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30 Year Fixed 3.49%   -0.05 15 Year Fixed 3.14%   -0.05 10YR Treasury 1.59%   +0.0153 FNMA 30YR 3.5 103.14   +0.02 FNMA 15YR 2.5 102.84   +0.02 View Today's Rates

Thursday January 30, 2020 Mortgage Rate Watch - 3:11PM Mortgage Rates Basically at Best Levels Since 2016 Mortgage rates improved again today as the market continued to react to updates on the coronavirus outbreak. For top tier scenarios, the average lender is now offering rates not seen ... MBS Commentary - 10:35AM How Low Can We Go? With the Fed out of the way, coronavirus cases still growing rapidly, and no major correction seen in the bond market, the question on everyone's minds is: how low can we go? While ... MND NewsWire - 8:51AM 2019 Was a Great Year to Sell Your Home Homeownership is apparently still one of the best ways to build wealth. The Year-End Home Sales Report from ATTOM Data Solutions shows that the typical homeowner who sold a home in ... FHA Loans Becoming More Popular as Market Recovers Audit, AMC, Underwriting, and DPA Tools; Primer on Prepayments and EPOs Latest Video Coronavirus declared public health emergency by World Health Organization First US case of human-to-human coronavirus transmission: CDC Wells Fargo chief economist says he expects subpar GDP growth in 2020 More News from 'Around the Web' www.npr.org - 3:35PM FICO Is About To Change Credit Scores. Should You Worry? CNBC - 3:03PM WHO declares China coronavirus that's killed 171 a global health emergency eyeonhousing.org - 2:23PM Homeownership Rate Reaches Six-Year High Reuters - 1:09PM Stocks, oil tumble on fears virus to hurt China's economy CNBC - 11:38AM Economic growth looks even weaker this quarter, with virus now a wild card Calculated Risk Blog - 10:26AM HVS: Q4 2019 Homeownership and Vacancy Rates Calculated Risk Blog - 9:13AM Weekly Initial Unemployment Claims Decrease to 216,000 CNBC - 8:36AM US GDP rose 2.1% in the fourth quarter, as expected Reuters - 8:09AM What's next for the Federal Reserve's balance sheet? Calculated Risk Blog - 8:08AM Zillow Case-Shiller Forecast: House Price Gains "Primed for an Upswing" Reuters - 8:03AM Coronavirus outbreak poses risk to U.S. Fed's economic outlook Today's Rates Best Execution Rate Change 30 Yr FRM 3.49% -0.05 15 Yr FRM 3.14% -0.05 FHA 30 Year Fixed 3.33% +0.01 Jumbo 30 Year Fixed 3.62% -0.02 5/1 Yr ARM 3.38% +0.01 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 3.81% 0.28 -0.06 15 Yr. Fixed 3.24% 0.22 -0.01 30 Yr. Jumbo 3.78% 0.20 -0.09 30 Yr. FHA 3.82% 0.27 -0.05 5/1 ARM 3.15% 0.12 -0.14 Freddie Mac ** 30 Yr. Fixed 3.51% 0.70 -0.09 15 Yr. Fixed 3.00% 0.70 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.24% 0.30 -0.04 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 3.0 102.09 -0.02 30YR FNMA 3.5 103.14 +0.02 30YR GNMA 3.0 102.67 -0.11 30YR GNMA 3.5 103.83 -0.03 15YR FNMA 3.0 102.84 +0.02 15YR FNMA 2.5 101.56 +0.03 Treasuries Yield Change 2 YR 1.4147% +0.0019 5 YR 1.4091% +0.0049 10 YR 1.5907% +0.0153 30 YR 2.0573% +0.0235 Prices as of: 1/30/2020 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. © 2020 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 Home Sales Erase More Than Half of 2019's Gains; Refis Still Shining as Rates Hug Long-Term Lows

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30 Year Fixed 3.54%   -0.02 15 Year Fixed 3.19%   -0.01 10YR Treasury 1.58%   -0.0809 FNMA 30YR 3.5 103.13   +0.02 FNMA 15YR 2.5 102.83   +0.13 View Today's Rates

Wednesday January 29, 2020 MND NewsWire - 10:35AM Pending Home Sales Erase More Than Half of 2019's Gains in a Single Report December's pending home sales erased the small gain posted in November and the National Association of Realtors' (NAR's) Pending Home Sales Index (PHSI) ended the year exactly where ... MND NewsWire - 8:14AM Refis Still Shine as Lower Rates Drive Mortgage Applications Refinancing continues to dominate mortgage activity, spurred by another dip in mortgage rates. The Mortgage Banker Association (MBA) said the volume of loan applications rose during ... Mortgage Rate Watch - 4:37PM Lowest Rates Since September 2019 (Almost 2016) Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday. The definition of "long-term" depends on the lender in question ... MBS Commentary - 2:02PM Differences Between Previous and Current FOMC Statements Information received since the Federal Open Market Committee met in October December indicates that the labor market remains strong and that economic activity has been rising at a moderate ... The TED Statement (What The Fed Statement Wishes It Could Be) MBS Day Ahead: Technical Levels to Watch as Bonds Keep Hope Alive LOS, Broker Products; Capital Markets, the Fed, Coronavirus, and Trade Latest Video Powell: Coronavirus likely to cause disruption in China and globally Fed keeps rates unchanged Pending home sales down 4.9% vs. a 1.0% increase expected More News from 'Around the Web' Reuters - 3:49PM Fed keeps interest rates steady, offers no new balance sheet guidance Reuters - 2:48PM Traders maintain bets on Fed pausing on policy till later in year CNBC - 2:10PM Fed holds rates steady, affirms commitment to higher inflation CNBC - 2:10PM Fed boosts interest rate on bank reserves Reuters - 1:02PM Explainer: What the U.S. Federal Reserve is watching this year Reuters - 1:00PM EU parliament gives final approval to Brexit deal CNBC - 11:45AM The bond market is starting to get worried about a recession again Reuters - 11:08AM Fed likely to keep interest rates on hold as coronavirus worries grow CNBC - 10:03AM December pending home sales fall 4.9% as supply hits a record low Reuters - 8:03AM Blink and you miss it: The U.S. yield curve inverts again CNBC - 8:02AM Treasury yields edge lower ahead of Fed decision Today's Rates Best Execution Rate Change 30 Yr FRM 3.54% -0.02 15 Yr FRM 3.19% -0.01 FHA 30 Year Fixed 3.32% -0.01 Jumbo 30 Year Fixed 3.64% -0.02 5/1 Yr ARM 3.37% -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 3.81% 0.28 -0.06 15 Yr. Fixed 3.24% 0.22 -0.01 30 Yr. Jumbo 3.78% 0.20 -0.09 30 Yr. FHA 3.82% 0.27 -0.05 5/1 ARM 3.15% 0.12 -0.14 Freddie Mac ** 30 Yr. Fixed 3.60% 0.80 -0.05 15 Yr. Fixed 3.04% 0.80 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.28% 0.30 -0.11 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 3.0 102.11 +0.16 30YR FNMA 3.5 103.13 +0.02 30YR GNMA 3.0 102.78 -0.86 30YR GNMA 3.5 103.86 -0.05 15YR FNMA 3.0 102.83 +0.13 15YR FNMA 2.5 101.53 +0.14 Treasuries Yield Change 2 YR 1.4128% -0.0557 5 YR 1.4042% -0.0798 10 YR 1.5805% -0.0809 30 YR 2.0338% -0.0821 Prices as of: 1/29/2020 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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