Daily Newsletter: Next Week Could be Crazy (Obviously); Fannie/Freddie Report Higher Profits; Forbearances Increasing or Just Reinstating?

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30 Year Fixed 3.00%   +0.01 15 Year Fixed 2.56%   +0.01 10YR Treasury 0.87%   +0.0423 FNMA 30YR 3.5 105.58   +0.05 FNMA 15YR 2.5 104.67   -0.02 View Today's Rates

Friday October 30, 2020 MND NewsWire - 11:54AM Fannie/Freddie Report Increased Profits Both GSEs reported financial results for the third quarter of 2020 that were significantly higher than both their Q2 2020 and their 2019 numbers . Fannie Mae's net and its comprehensive ... MND NewsWire - 10:12AM Forbearance Plans Increase, Many are Reinstatements The number of loans in COVID-19 related forbearance plans rose during the past week, driven by both an increase in new plans and significantly fewer borrowers exiting from the program ... MBS Commentary - 4:09PM MBS RECAP: Traders Running For Sidelines Ahead of Next Week's Election Traders Running For Sidelines Ahead of Next Week's Election Big losses in both stocks and bonds today as traders take their seats for next week's big show. Month-end trading volumes ... MBS Commentary - 10:52AM MBS Day Ahead: Month-End Trading Goes Both Ways; Chart Patterns Suggest Caution The topic of month-end trading comes up frequently over the years. Reason being: we often see market momentum on the last few days of any given month that can't be easily explained ... 2016 Reminds Us How Completely Crazy Next Week Could Be For Rates Residential Fixed Investment Soared Past GDP Growth in Q3 VOE, Broker, Non-QM, Social Media Tools; 1.5 Percent Security Takes Off Latest Video The 9 a.m. Bond Report: October 30, 2020 Covid-19 mortgage bailouts rise over three million for first time since early October Pending home sales are down 2.2% month-over-month More News from 'Around the Web' www.realtor.com - 2:50PM Dearth of Credit Starves Detroit's Housing Market Calculated Risk Blog - 2:13PM Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 51% YoY in September Calculated Risk Blog - 1:08PM Q3 2020 GDP Details on Residential and Commercial Real Estate CNBC - 11:06AM Fed lowers minimum loan level for small business lending program eyeonhousing.org - 9:21AM Jobless Claims Continue to Fall Calculated Risk Blog - 8:42AM Personal Income increased 0.9% in September, Spending increased 1.4% CNBC - 8:04AM The ECB hinted at more monetary stimulus — analysts expect it to go all in Today's Rates Best Execution Rate Change 30 Yr FRM 3.00% +0.01 15 Yr FRM 2.56% +0.01 FHA 30 Year Fixed 2.44% +0.01 Jumbo 30 Year Fixed 3.38% +0.01 5/1 Yr ARM 2.72% -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 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.30 +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 3.0 104.50 +0.03 30YR UMBS 3.5 105.58 +0.05 30YR GNMA 3.0 104.17 +0.17 30YR GNMA 3.5 104.31 -0.16 15YR UMBS 3.0 104.67 -0.02 15YR UMBS 2.5 103.89 -0.05 Treasuries Yield Change 2 YR 0.1564% +0.0039 5 YR 0.3844% +0.0095 10 YR 0.8737% +0.0423 30 YR 1.6584% +0.0490 Prices as of: 10/30/2020 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: Pending Home Sales Fall Back to The 2nd Highest Level on Record; Rates Edge Higher as Risks Increase

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30 Year Fixed 2.99%   +0.01 15 Year Fixed 2.55%   +0.01 10YR Treasury 0.83%   +0.0520 FNMA 30YR 3.5 105.53   -0.03 FNMA 15YR 2.5 104.67   +0.02 View Today's Rates

Thursday October 29, 2020 MND NewsWire - 10:21AM Pending Home Sales Fall Back to The 2nd Highest Level on Record Pending home sales faltered a bit in Septembe r, like new home sales announced earlier this week, the decline ended a four-month winning streak. The National Association of Realtors® ... Mortgage Rate Watch - 2:54PM Mortgage Rates Can Only Hold Out For So Long It was a bit of a bittersweet day for mortgage rates . On the one hand, it was the Fed's first day buying a new category of mortgage-backed bonds--one that would help pave the way for ... MBS Commentary - 11:17AM MBS Day Ahead: Fed Starts Buying 1.5 MBS Coupons Today. Does It Matter? Let's do the simply-worded conclusion right up front. For fans of low rates, the Fed's inclusion of 1.5 MBS (30yr) is a good thing, but not some new and wonderful guarantee of ongoing ... Cap. Mkts., LO Comp Survey, Fulfillment, Retention Tools; Agency-related Changes Lower Rates Bringing In More Buyers (And Higher Prices) Latest Video The 9 a.m. Bond Report: October 29, 2020 Pending home sales are down 2.2% month-over-month U.S. weekly jobless claims total 751,000, vs 778,000 expected More News from 'Around the Web' CNBC - 2:27PM Pelosi presses Mnuchin for answers on coronavirus stimulus as she pushes to restart talks CNBC - 2:25PM Earnings for apartment owners show the pain of urban flight Calculated Risk Blog - 11:44AM Hotels: Occupancy Rate Declined 31.7% Year-over-year CNBC - 9:26AM Watch ECB President Christine Lagarde speak after latest policy move CNBC - 8:38AM U.S. GDP grew 33.1% in the third quarter, vs 32% estimate CNBC - 8:38AM U.S. weekly jobless claims total 751,000, vs 778,000 expected CNBC - 8:05AM Sharp third-quarter growth will show the economy regaining ground, but it's still in a hole Calculated Risk Blog - 8:05AM Freddie Mac: Mortgage Serious Delinquency Rate decreased in September Today's Rates Best Execution Rate Change 30 Yr FRM 2.99% +0.01 15 Yr FRM 2.55% +0.01 FHA 30 Year Fixed 2.43% +0.02 Jumbo 30 Year Fixed 3.37% +0.02 5/1 Yr ARM 2.73% +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 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.30 +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 3.0 104.47 +0.03 30YR UMBS 3.5 105.53 -0.03 30YR GNMA 3.0 104.00 -0.02 30YR GNMA 3.5 104.47 -0.06 15YR UMBS 3.0 104.67 +0.02 15YR UMBS 2.5 103.94 -0.02 Treasuries Yield Change 2 YR 0.1505% +0.0000 5 YR 0.3717% +0.0400 10 YR 0.8263% +0.0520 30 YR 1.6060% +0.0462 Prices as of: 10/29/2020 4:49PM 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: Lower Rates Bringing In More Buyers (And Higher Prices); Applications Rise

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30 Year Fixed 2.98%   -0.02 15 Year Fixed 2.54%   -0.02 10YR Treasury 0.77%   +0.0034 FNMA 30YR 3.5 105.56   -0.02 FNMA 15YR 2.5 104.66   -0.05 View Today's Rates

Wednesday October 28, 2020 MND NewsWire - 11:59AM Lower Rates Bringing In More Buyers (And Higher Prices) The percentage of potential home buyers who perceive housing in their market as affordable increased in the third quarter, at least as reported in a recent National Association of Home ... Mortgage Rate Watch - 5:10PM Mortgage Rates Inch Lower, But Volatility Risks Are Increasing When interest rates plummeted in response to the early realities of the pandemic back in March/April, mortgage rates did a terrible job of keeping pace with the broader bond market ... MND NewsWire - 11:43AM Mortgage Apps Rise Slightly, Purchase Loans End Four-Week Drought Mortgage application volume rose slightly during the week ended October 23. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased ... Ops Jobs; Marketing, Broker, Contactless Closing Products; Investors and Adverse Mkt. Price Moves MBS Day Ahead: Bonds Confirming a Friendly Bounce, But With Lots of Help Latest Video Tom Lee: Fed will intervene to protect markets if there's a contested election Corelogic receives potential bids at more than $80 per share, sources tell CNBC Mortgage refinances see slight boost thanks to drop in rates More News from 'Around the Web' CNBC - 2:53PM Germany announces new Covid restrictions, France braces for more as virus surges across Europe eyeonhousing.org - 2:45PM Some Buyers Perceive an Improvement in Housing Affordability CNBC - 9:59AM Real estate fintech CoreLogic receives multiple bids at more than $80 a share, sources say Bloomberg - 8:57AM Former NY Fed Pres: The Fed Is Really Running Out of Firepower Calculated Risk Blog - 8:44AM Zillow Case-Shiller House Price Forecast: "Annual growth in September as reported by Case-Shiller is expected to accelerate" CNBC - 8:09AM As Washington delays stimulus, the Fed appears to be running out of ways to help the actual economy CNBC - 8:09AM What American workers have gainedâ€"and lostâ€"from more than 200 days of remote work Today's Rates Best Execution Rate Change 30 Yr FRM 2.98% -0.02 15 Yr FRM 2.54% -0.02 FHA 30 Year Fixed 2.41% -0.01 Jumbo 30 Year Fixed 3.35% -0.01 5/1 Yr ARM 2.72% +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 3.01% 0.37 -0.04 15 Yr. Fixed 2.59% 0.36 -0.06 30 Yr. Jumbo 3.31% 0.30 -0.02 30 Yr. FHA 3.12% 0.32 -0.03 5/1 ARM 2.80% 0.34 -0.15 Freddie Mac ** 30 Yr. Fixed 2.80% 0.60 -0.01 15 Yr. Fixed 2.33% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 0.30 -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 UMBS 3.0 104.44 -0.05 30YR UMBS 3.5 105.56 -0.02 30YR GNMA 3.0 104.02 -0.08 30YR GNMA 3.5 104.53 0.00 15YR UMBS 3.0 104.66 -0.05 15YR UMBS 2.5 103.95 -0.09 Treasuries Yield Change 2 YR 0.1505% +0.0011 5 YR 0.3317% +0.0000 10 YR 0.7743% +0.0034 30 YR 1.5598% +0.0054 Prices as of: 10/28/2020 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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