Daily Newsletter: Home Prices "Remarkably Stable" in April; Record Month For Rates

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30 Year Fixed 2.94%   -0.01 15 Year Fixed 2.67%   -0.01 10YR Treasury 0.66%   +0.0311 FNMA 30YR 3.5 105.16   0.00 FNMA 15YR 2.5 105.08   -0.02 View Today's Rates

Tuesday June 30, 2020 MND NewsWire - 10:12AM Home Prices "Remarkably Stable" in April Home prices continued to hold up on a national basis in April. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, reported a ... Mortgage Rate Watch - 3:36PM Best Month Ever For Mortgage Rates Mortgage rates managed another slight improvement today, which means the average lender is offering new all-time low rates for the 4th time this month. Even if rates had lurched unexpectedly ... MBS Commentary - 4:46PM MBS RECAP: Surprisingly Quiet Quarter-End Trading. No Objections Here Surprisingly Quiet Quarter-End Trading. No Objections Here The last trading day of any given month (especially if it's also the end of a quarter) can often see elevated volatility without ... Servicing, Inspection, Loss-mit Products; CFPB's Structure to Change; Ginnie Adjusts Pooling Requirements Record Surge in Pending Home Sales Latest Video Powell: Fed committed to using all tools available Consumer confidence index comes in better than expected in June Paychex small business report indicates employment is steady in June More News from 'Around the Web' Calculated Risk Blog - 4:48PM Fannie Mae: Mortgage Serious Delinquency Rate Increased in May Calculated Risk Blog - 3:18PM Las Vegas Visitor Authority: "No Convention Attendance, Hotel Occupancy 2.8%" in May CNBC - 1:42PM Treasury Department, IRS will not extend Tax Day a second time CNBC - 11:57AM The wealthy are prepping for tax increases with these three strategies Calculated Risk Blog - 10:53AM "Chemical Activity Barometer Falls Slightly In June" CNBC - 10:20AM U.S. consumer confidence for June jumps to 98.1, vs 91 expected Calculated Risk Blog - 9:37AM Case-Shiller: National House Price Index increased 4.7% year-over-year in April CNBC - 9:10AM The coronavirus is expected to have cost 400 million jobs in the second quarter, UN labor agency estimates CNBC - 8:02AM PPP loans are ending. Here's where small businesses can turn now twitter.com - 8:01AM FHFA is providing tenant protections to help renters in multifamily properties stay in their homes CNBC - 8:01AM Treasury yields retreat as Fed's Powell stresses uncertainty and coronavirus cases surge Today's Rates Best Execution Rate Change 30 Yr FRM 2.94% -0.01 15 Yr FRM 2.67% -0.01 FHA 30 Year Fixed 2.50% +0.00 Jumbo 30 Year Fixed 3.95% -0.03 5/1 Yr ARM 2.92% -0.03 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 3.30% 0.32 +0.00 15 Yr. Fixed 2.81% 0.30 +0.01 30 Yr. Jumbo 3.62% 0.29 -0.05 30 Yr. FHA 3.35% 0.22 +0.02 5/1 ARM 3.09% 0.01 +0.02 Freddie Mac ** 30 Yr. Fixed 3.13% 0.80 +0.00 15 Yr. Fixed 2.59% 0.80 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.08% 0.50 -0.01 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 UMBS 3.0 105.30 0.00 30YR UMBS 3.5 105.16 0.00 30YR GNMA 3.0 105.77 +0.13 30YR GNMA 3.5 104.89 -0.45 15YR FNMA 3.0 105.08 -0.02 15YR FNMA 2.5 104.66 +0.02 Treasuries Yield Change 2 YR 0.1544% +0.0020 5 YR 0.2878% +0.0126 10 YR 0.6577% +0.0311 30 YR 1.4127% +0.0321 Prices as of: 6/30/2020 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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Daily Newsletter: Record Surge in Pending Home Sales; Rates Staying Near Record Lows

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30 Year Fixed 2.95%   -0.01 15 Year Fixed 2.68%   +0.00 10YR Treasury 0.63%   -0.0131 FNMA 30YR 3.5 105.16   -0.02 FNMA 15YR 2.5 105.09   -0.02 View Today's Rates

Monday June 29, 2020 MND NewsWire - 10:28AM Record Surge in Pending Home Sales Lawrence Yun, chief economist for the National Association of Realtors® (NAR), predicted last month that April's home sales contract activity "will be the lowest point for pending ... Mortgage Rate Watch - 3:52PM Mortgage Rates Continue at All-Time Lows, But Caveats Remain Mortgage rates were unchanged to slightly lower today, bringing the average lender right in line with all-time lows . Averages aside, several lenders are slightly higher than they were ... MND NewsWire - 1:38PM Supreme Court Rules Single CFPB Director Unconstitutional The Supreme Court, in a 5-4 decision along partisan lines, took a chunk out of the intentions the Dodd-Frank Act had for the Consumer Financial Protection Bureau (CFPB) when it created ... MBS RECAP: Lock vs Float Considerations With Rates at All-Time Lows MSR, Marketing, Leads Products; Training and Webinars From Home MBS Week Ahead: Holiday-Shortened Week; Jobs Report on Thursday Latest Video Powell: Recovery path is 'extraordinarily uncertain' U.S. Supreme Court backs challenge to the structure of the CFPB Pending home sales jump 44.3% from April to May More News from 'Around the Web' www.realtor.com - 3:49PM Millions of American Homes at Greater Flood Risk Than Government Estimates, New Study Says Calculated Risk Blog - 2:03PM Update: Framing Lumber Future Prices Up Year-over-year CNBC - 1:28PM More states reverse or slow reopening plans as coronavirus cases climb CNBC - 1:26PM Nearly half the U.S. population is without a job, showing how far the labor recovery has to go CNBC - 11:22AM Supreme Court leaves CFPB intact but backs president's ability to fire director Calculated Risk Blog - 8:46AM Six High Frequency Indicators for a Recovery CNBC - 8:23AM ECB could boost bond buying by another trillion euros, economist projects Calculated Risk Blog - 8:03AM Additional Disaster Relief Today's Rates Best Execution Rate Change 30 Yr FRM 2.95% -0.01 15 Yr FRM 2.68% +0.00 FHA 30 Year Fixed 2.50% +0.00 Jumbo 30 Year Fixed 3.98% -0.01 5/1 Yr ARM 2.95% +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 3.30% 0.32 +0.00 15 Yr. Fixed 2.81% 0.30 +0.01 30 Yr. Jumbo 3.62% 0.29 -0.05 30 Yr. FHA 3.35% 0.22 +0.02 5/1 ARM 3.09% 0.01 +0.02 Freddie Mac ** 30 Yr. Fixed 3.13% 0.80 +0.00 15 Yr. Fixed 2.59% 0.80 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.08% 0.50 -0.01 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 UMBS 3.0 105.30 +0.05 30YR UMBS 3.5 105.16 -0.02 30YR GNMA 3.0 105.64 +0.06 30YR GNMA 3.5 105.34 +0.09 15YR FNMA 3.0 105.09 -0.02 15YR FNMA 2.5 104.64 +0.05 Treasuries Yield Change 2 YR 0.1524% -0.0156 5 YR 0.2752% -0.0252 10 YR 0.6266% -0.0131 30 YR 1.3806% +0.0092 Prices as of: 6/29/2020 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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Daily Newsletter: Forbearances Surge This Week; Mortgage Rates Are Headed Higher (Eventually)

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30 Year Fixed 2.96%   -0.01 15 Year Fixed 2.68%   +0.06 10YR Treasury 0.64%   -0.0426 FNMA 30YR 3.5 105.17   +0.08 FNMA 15YR 2.5 105.11   +0.03 View Today's Rates

Friday June 26, 2020 Mortgage Rate Watch - 4:44PM Mortgage Rates Are Headed Higher (Eventually) The fates of the economy, the housing market, and interest rates remain closely intertwined with coronavirus. The pandemic is clearly responsible for the record-setting drop in economic ... MND NewsWire - 9:45AM Surge in Forbearances This Week After three weeks of declining totals, Black Knight says the number of active COVID-19 forbearance plans shot up over the past week. As of June 23, there were 4.68 million homeowners ... MBS Commentary - 8:31AM MBS Day Ahead: Another Chance to Break The Range Although markets are still sideways relative to the bigger volatility of the previous 3 weeks, bond yields have trickled lower this week. This brought 10yr yields just outside their ... DPA, Forbearance, Broker Products; FHA, USDA Tweaks; Treasury/MBS Spread Update Forbearance is Major Cause of Lender Overlays Latest Video Forbearance rise erases roughly half of improvement seen since peak: Expert Invitation Homes CEO on suburban housing boom, protection for renters Consumer sentiment index a slight miss, 78.1 vs 79 expected More News from 'Around the Web' Calculated Risk Blog - 3:55PM Freddie Mac: Mortgage Serious Delinquency Rate increased in May, Highest in 2 Years CNBC - 3:54PM Coronavirus contact tracing is 'not going well,' Dr. Fauci says, U.S. still needs more testing www.realtor.com - 3:54PM While Not Quite McMansions, Larger Homes in the U.S. Are Making a Comeback www.npr.org - 3:54PM Florida Smashes Coronavirus Case Record: Nearly 9,000 Positive Cases on Thursday www.redfin.com - 3:53PM 9 Tips for Selling Your Home During Coronavirus CNBC - 1:50PM The extra $600 unemployment benefits will end before July 31 CNBC - 1:40PM Fragile economic recovery faces first big test with June jobs report in the week ahead www.redfin.com - 12:44PM Prices of Affordable Homes Have Jumped 5.5% During the Pandemic Calculated Risk Blog - 8:52AM Personal Income decreased 4.2% in May, Spending increased 8.2% CNBC - 8:05AM U.S. Treasury yields edge higher ahead of economic data CNBC - 8:05AM ECB's Lagarde says we've probably passed the lowest point of the crisis Today's Rates Best Execution Rate Change 30 Yr FRM 2.96% -0.01 15 Yr FRM 2.68% +0.06 FHA 30 Year Fixed 2.50% +0.00 Jumbo 30 Year Fixed 3.99% +0.02 5/1 Yr ARM 2.95% -0.03 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 3.30% 0.32 +0.00 15 Yr. Fixed 2.81% 0.30 +0.01 30 Yr. Jumbo 3.62% 0.29 -0.05 30 Yr. FHA 3.35% 0.22 +0.02 5/1 ARM 3.09% 0.01 +0.02 Freddie Mac ** 30 Yr. Fixed 3.13% 0.80 +0.00 15 Yr. Fixed 2.59% 0.80 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.08% 0.50 -0.01 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 UMBS 3.0 105.22 +0.11 30YR UMBS 3.5 105.17 +0.08 30YR GNMA 3.0 105.58 +0.03 30YR GNMA 3.5 105.25 -0.11 15YR FNMA 3.0 105.11 +0.03 15YR FNMA 2.5 104.59 +0.05 Treasuries Yield Change 2 YR 0.1680% -0.0196 5 YR 0.3004% -0.0300 10 YR 0.6397% -0.0426 30 YR 1.3714% -0.0577 Prices as of: 6/26/2020 4:45PM 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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