Daily Newsletter: Mortgage Volume Will Break a Record in 2020; Staggering Concentration of Big-Ticket Risks This Week

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30 Year Fixed 2.99%   -0.01 15 Year Fixed 2.55%   -0.01 10YR Treasury 0.86%   -0.0168 FNMA 30YR 3.5 105.56   -0.02 FNMA 15YR 2.5 104.66   -0.02 View Today's Rates

Monday November 2, 2020 MND NewsWire - 1:47PM 2020 Home Loan Volume Expected to Top a Record-Breaking $4 Trillion Black Knight concurs with an earlier forecast from the Mortgage Bankers Association, that 2020 will have a higher level of mortgage originations in 2020 than was registered in 2019 ... MBS Commentary - 9:12AM MBS Week Ahead: Staggering Concentration of Big-Ticket Market Movers There were already roughly 400k 10yr Treasury futures contracts traded by 8am today. A typical overnight session runs in the 100-300k range. Volume has been ballooning over the past ... MND NewsWire - 12:37PM Residential Construction Was a Bright Spot for September Overall construction spending was flat in September, held down by a drop in public sector projects. The U.S. Census Bureau said total expenditures during the month were at a seasonally ... Mortgage Rate Watch - 3:23PM Mortgage Rates Steady At Recent Lows Ahead of Election Mortgage rates move higher and lower all the time, but truly massive moves tend to arrive with many months (if not years) in between. The trade war in 2019 and the pandemic in 2020 ... MBS RECAP: MBS Struggle to Hold Gains, But Rates Aren't Scared Yet Ops and Sales Jobs; Database, Servicing, Non-QM, Income Analysis Products; Upcoming Training and Events Latest Video October ISM manufacturing index sees best number since August Markit U.S. manufacturing PMI for October comes in at 53.4 vs. 53.3 expected The 9 a.m. Bond Report: November 2, 2020 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 2.42% -0.02 Jumbo 30 Year Fixed 3.36% -0.02 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 3.00% 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 3.5 105.56 -0.02 30YR GNMA 3.0 104.09 -0.08 30YR GNMA 3.5 104.25 -0.06 15YR UMBS 3.0 104.66 -0.02 15YR UMBS 2.5 103.81 -0.08 Treasuries Yield Change 2 YR 0.1584% +0.0020 5 YR 0.3797% -0.0047 10 YR 0.8569% -0.0168 30 YR 1.6356% -0.0228 Prices as of: 11/2/2020 3:47PM 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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