Daily Newsletter: October Pending Home Sales Continue Their Decline, But From Extreme Levels; December Buying Bargains; Low Rates

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30 Year Fixed 2.83%   -0.01 15 Year Fixed 2.38%   -0.01 10YR Treasury 0.84%   +0.0000 View Today's Rates

Monday November 30, 2020 MND NewsWire - 10:44AM October Pending Home Sales Continue Their Decline Pending home sales, which ended a four-month streak of gains in September with a 2.2 percent decline, slipped further in October. The National Association of Realtors® (NAR) said ... MND NewsWire - 11:12AM Dig Out the Mittens - December Offers the Best Home Buying Bargains While this COVID-19 positive year has certainly been an exception, spring is usually considered the optimum time , on both sides of the transaction, to buy or sell a home. A new study ... Mortgage Rate Watch - 4:43PM Mortgage Rates Hold Steady Over Holiday Weekend Although many mortgage lenders were technically open for business last Friday, it's a well-known unofficial holiday. Mortgage rate movement requires bond market movement, and the post ... MND NewsWire - 11:22AM Loan Limits Increase Nearly 7.5 Percent The Federal Housing Finance Agency (FHFA) has released the new conforming loan limits which will be in place next year for mortgages acquired by the GSEs Fannie Mae and Freddie Mac ... MBS RECAP: Uneventful Month-End Day For Bonds, But MBS Outperform MBS Day Ahead: Bonds Solidifying Last Week's Gains. Busy Data Week Ahead Production, Ops Jobs; VA, VA IRRRL, Non-QM Products; USDA, FHA, VA Stats Latest Video Biden confirms Janet Yellen as nominee for Treasury secretary The 9 a.m. Bond Report: November 30, 2020 Student loan borrowers face a dilemma as federal pause is set to expire More News from 'Around the Web' Calculated Risk Blog - 3:51PM Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 49% YoY in October CNBC - 1:19PM Weekly jobless claims counts are inaccurate and the unemployed are being underpaid, watchdog says eyeonhousing.org - 1:12PM New Home Inventory at a Three and Half Year Low eyeonhousing.org - 12:27PM Personal Income Dipped in October CNBC - 9:47AM Biden confirms Janet Yellen as nominee for Treasury secretary Federal Reserve - 9:22AM Agencies issue statement on LIBOR transition CNBC - 8:28AM Moderna says new data shows Covid vaccine is more than 94% effective, plans to ask FDA for emergency clearance later Monday Calculated Risk Blog - 8:04AM Zillow Case-Shiller House Price Forecast: "Taking Off in Earnest" CNBC - 8:04AM 10-year Treasury yield rises despite lingering coronavirus concerns Today's Rates Best Execution Rate Change 30 Yr FRM 2.83% -0.01 15 Yr FRM 2.38% -0.01 FHA 30 Year Fixed 2.32% -0.06 Jumbo 30 Year Fixed 3.23% -0.02 5/1 Yr ARM 2.61% -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 2.99% 0.37 +0.01 15 Yr. Fixed 2.59% 0.35 +0.04 30 Yr. Jumbo 3.11% 0.28 -0.02 30 Yr. FHA 3.11% 0.37 +0.03 5/1 ARM 2.84% 0.53 +0.05 Freddie Mac ** 30 Yr. Fixed 2.72% 0.70 +0.00 15 Yr. Fixed 2.28% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.16% 0.30 +0.31 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 2.0 103.95 +0.22 30YR UMBS 2.5 104.84 +0.13 30YR GNMA 2.0 104.66 +0.31 30YR GNMA 2.5 105.20 +0.20 15YR UMBS 2.0 104.14 +0.16 15YR UMBS 2.5 104.00 +0.05 Treasuries Yield Change 2 YR 0.1505% -0.0039 5 YR 0.3639% -0.0048 10 YR 0.8422% +0.0000 30 YR 1.5692% -0.0066 Prices as of: 11/30/2020 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: New Home Sales Still Soaring; Refi Apps Too; Mortgage Rates Little-Changed But The Fed Raises Some Doubts

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30 Year Fixed 2.84%   -0.01 15 Year Fixed 2.39%   -0.01 10YR Treasury 0.88%   -0.0016 View Today's Rates

Wednesday November 25, 2020 Mortgage Rate Watch - 4:11PM Mortgage Rates Little-Changed But The Fed Raises Some Doubts Mortgage rates have been operating relatively close to their all-time lows recently and today was no exception. The Fed raised some doubts as to how much longer that would be the case ... MND NewsWire - 9:21AM Refi Applications Hit 7 Month Highs Refinancing increased its already overwhelming dominance of the mortgage market during the week ended November 20. The Mortgage Bankers Association (MBA) said the refinancing share ... MND NewsWire - 11:25AM New Home Sale Refuse to Back Down From 14-year highs Sales of newly constructed single-family homes slipped slightly in October; the second month sales have declined. The U.S. Census Bureau and Department of Housing and Urban Development ... MBS Commentary - 3:44PM MBS RECAP: Fed Minutes Hurt MBS, But Not Quite As Badly As It Seemed Fed Minutes Hurt MBS, But Not Quite As Badly As It Seemed Today's Fed Minutes offered a more detailed account of the meeting that took place 3 weeks ago. Markets expected there would ... Freddie Mac on Track For 25% More Loans This Year, Most of Them Refis MBS Day Ahead: Unofficial Early Close Versus Fed Minutes That Could Matter MLO, Ops Jobs; Doc, Sales, Broker Tools; Disaster Updates; Investors React to Freddie and Fannie Changes Latest Video Another record low mortgage rate causes mortgage demand to rise New home sales are up 41 percent year over year Homebuilders face rising costs, slower supply chains due to Covid More News from 'Around the Web' news.google.com - 4:06PM Fed weighed adjusting bond purchases to provide more help to economy 'fairly soon,' minutes show - CNBC CNBC - 2:26PM Fed releases minutes from November meeting Federal Reserve - 2:03PM Fed Minutes: Full Text CNBC - 12:55PM The CDC is expected to shorten Covid quarantine time, something most everyone seems to agree on CNBC - 10:38AM Buying a home: Why it's harder for younger generations than their parents news.google.com - 10:32AM Yellen would need Congress to approve use of clawed-back Fed loan funds, Treasury says Calculated Risk Blog - 10:31AM Personal Income decreased 0.7% in October, Spending increased 0.5% Calculated Risk Blog - 9:11AM Q3 GDP Growth Unchanged at 33.1% Annual Rate CNBC - 9:11AM Covid cases are exploding across U.S. and Thanksgiving could be an 'accelerator event' CNBC - 8:34AM U.S. weekly jobless claims total 778,000, vs 733,000 estimate news.google.com - 8:08AM What a Treasury Secretary Janet Yellen would mean for markets CNBC - 8:07AM The market is looking for clues from the Fed on whether it will adjust bond buying Today's Rates Best Execution Rate Change 30 Yr FRM 2.84% -0.01 15 Yr FRM 2.39% -0.01 FHA 30 Year Fixed 2.38% -0.02 Jumbo 30 Year Fixed 3.25% -0.02 5/1 Yr ARM 2.64% +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 2.99% 0.37 +0.01 15 Yr. Fixed 2.59% 0.35 +0.04 30 Yr. Jumbo 3.11% 0.28 -0.02 30 Yr. FHA 3.11% 0.37 +0.03 5/1 ARM 2.84% 0.53 +0.05 Freddie Mac ** 30 Yr. Fixed 2.72% 0.70 +0.00 15 Yr. Fixed 2.28% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.16% 0.30 +0.31 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 2.0 103.48 -0.05 30YR UMBS 2.5 104.59 -0.02 30YR GNMA 2.0 104.14 0.00 30YR GNMA 2.5 104.86 0.00 15YR UMBS 2.0 103.86 -0.03 15YR UMBS 2.5 103.89 +0.02 Treasuries Yield Change 2 YR 0.1622% -0.0019 5 YR 0.3924% -0.0079 10 YR 0.8832% -0.0016 30 YR 1.6276% +0.0151 Prices as of: 11/25/2020 4:36PM 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: How The New Loan Limits Affect Mortgage Rates; Home Price Gains Blow Away Forecasts Yet Again

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30 Year Fixed 2.85%   -0.02 15 Year Fixed 2.40%   -0.02 10YR Treasury 0.88%   +0.0230 View Today's Rates

Tuesday November 24, 2020 Mortgage Rate Watch - 4:42PM How The New Loan Limits Affect Mortgage Rates If you follow the MBS Commentary channel on this site, you will have already seen most of the following, but it's relevant for consumers as well. As far as mortgage rates are concerned ... MND NewsWire - 11:14AM September Home Price Gains Blow Away Forecasts Annual price increases in September were quite literally off the charts . Both the S&P CoreLogic Case-Shiller National Index and the Housing Market Index from the Federal Housing ... MBS Commentary - 1:30PM Conforming Loan Limit Increases to $548,250 If you'd like to read the official FHFA press release, here you go , but here's the skinny on the new conforming loan limit of $548,250 for 2021, up from $510,400 in 2020. Which loans ... MBS Commentary - 10:02AM MBS Day Ahead: Time For New Conforming Loan Limits With very little by way of significant data or events as far as financial markets are concerned, today's most interesting revelation will be FHFA's announcement of new conforming loan ... CTO, MLO, Ops Jobs Across the Country; Customer Service, eSignature Tools; MLO Yield Curve Primer MBS RECAP: Modest Weakness Persists as Markets Rotate Back Toward Risk Latest Video Biden tapping Yellen to run Treasury is seen as a centrist move Janet Yellen transcends politics, says Wells Fargo's Mike Mayo Market is reacting to news we're finally moving on in the transition process: Politico's Ben White More News from 'Around the Web' www.realtor.com - 3:17PM Fannie, Freddie Overseer Looks to End Federal Control Before Trump Leaves FHFA - 1:09PM FHFA Announces Conforming Loan Limits for 2021 www.npr.org - 12:12PM Dow Surges Past 30,000 For First Time In Historic Milestone webfeeds.brookings.edu - 12:12PM What's next for the Treasury-Fed COVID-19 lending facilities? Calculated Risk Blog - 11:34AM Note: November Employment Report Will Show a Decrease of 93,000 Temporary Census Workers CNBC - 9:18AM Home prices see biggest spike in 6 years in September, according to S&P Case Shiller CNBC - 8:56AM Student loan forgiveness may come with a tax bomb. How lawmakers might fix it eyeonhousing.org - 8:40AM Multifamily Built-for-Rent Share: 96% CNBC - 8:05AM Treasury yields rise as Biden transition process begins Today's Rates Best Execution Rate Change 30 Yr FRM 2.85% -0.02 15 Yr FRM 2.40% -0.02 FHA 30 Year Fixed 2.40% +0.00 Jumbo 30 Year Fixed 3.27% -0.03 5/1 Yr ARM 2.63% -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 2.99% 0.37 +0.01 15 Yr. Fixed 2.59% 0.35 +0.04 30 Yr. Jumbo 3.11% 0.28 -0.02 30 Yr. FHA 3.11% 0.37 +0.03 5/1 ARM 2.84% 0.53 +0.05 Freddie Mac ** 30 Yr. Fixed 2.72% 0.70 -0.12 15 Yr. Fixed 2.28% 0.60 -0.06 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.85% 0.30 -0.26 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 2.0 103.56 0.00 30YR UMBS 2.5 104.61 -0.08 30YR GNMA 2.0 104.17 +0.05 30YR GNMA 2.5 104.88 -0.03 15YR UMBS 2.0 103.91 +0.03 15YR UMBS 2.5 103.88 -0.08 Treasuries Yield Change 2 YR 0.1641% +0.0007 5 YR 0.3971% +0.0095 10 YR 0.8816% +0.0230 30 YR 1.6072% +0.0503 Prices as of: 11/24/2020 4:58PM 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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