Daily Newsletter: Pending Sales Hold Lofty Levels to End 2020; Bonds Flashing Warning For Rates

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30 Year Fixed 2.80%   +0.04 15 Year Fixed 2.28%   +0.02 10YR Treasury 1.07%   +0.0189 View Today's Rates

Friday January 29, 2021 MND NewsWire - 11:11AM Pending Home Sales' Recent Decline is Nothing Compared to Yearly Gains Pending home sales retreated for the fourth straight month in December. The National Association of Realtors® (NAR) said its Pending Home Sales Index, which indicates contracts ... MND NewsWire - 8:15AM Forbearance Plans Increased Again in January While the number of Fannie Mae and Freddie Mac (GSE) loans in forbearance continued to decline last week, that 4,000 loan improvement was more than offset by an increase in FHA and ... Mortgage Rate Watch - 4:52PM Why Mortgage Rates Should Care About Bond Market Warning After spiking in early January, interest rates returned to near-all-time-low levels by the middle of the week. By the end, however, the market began to flash a warning about more volatility ... MBS Commentary - 9:40AM MBS Day Ahead: 7 Charts: Trends, Risks, and Realities in Bonds and Mortgage Rates Yesterday's bond market weakness ran the risk of signalling an end to the winning streak enjoyed since January 12th. Those gains were fairly steady and they took yields from the very ... Sales Director, MLO, Branch Jobs; Servicing, Sales, Jumbo Products; URLA and 4506-C News New Home Sales Recover Slightly After Losses, Still up 15% Annually Latest Video The Bond Report - 2pm - January 29, 2021 Pending home sales jumped 21% in 2020 The Bond Report - 9am - January 29, 2021 More News from 'Around the Web' www.nar.realtor - 5:11PM REALTORS® Confidence Index: December 2020 Highlights eyeonhousing.org - 1:44PM A Significant Shift in Interest for Newly-Built Homes www.realtor.com - 1:10PM Home Buyers in These Cities Could Save These Down Payments—by Moving In With Their Parents Calculated Risk Blog - 11:35AM GDP Forecasts: Q1 and 2021 Calculated Risk Blog - 9:37AM A Few Comments on Q4 GDP and Investment; Worst Year Since WWII Drawdown Calculated Risk Blog - 8:46AM Personal Income increased 0.6% in December, Spending decreased 0.2% CNBC - 8:09AM Treasury yields climb following key economic data CNBC - 8:09AM Don't bank on that refund yet. April tax season may come as a big surprise Today's Rates Best Execution Rate Change 30 Yr FRM 2.80% +0.04 15 Yr FRM 2.28% +0.02 FHA 30 Year Fixed 2.25% +0.00 Jumbo 30 Year Fixed 3.30% +0.05 5/1 Yr ARM 2.25% +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 2.85% 0.33 -0.05 15 Yr. Fixed 2.49% 0.29 -0.02 30 Yr. Jumbo 3.12% 0.33 -0.08 30 Yr. FHA 2.96% 0.42 -0.01 5/1 ARM 2.58% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 2.73% 0.70 -0.04 15 Yr. Fixed 2.20% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 0.30 +0.00 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 2.0 103.25 -0.05 30YR UMBS 2.5 105.38 0.00 30YR GNMA 2.0 103.84 -0.05 30YR GNMA 2.5 105.02 +0.02 15YR UMBS 2.0 104.42 +0.03 15YR UMBS 2.5 105.05 +0.23 Treasuries Yield Change 2 YR 0.1113% -0.0098 5 YR 0.4256% -0.0063 10 YR 1.0706% +0.0189 30 YR 1.8354% +0.0218 Prices as of: 1/29/2021 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. © 2021 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 Miss Forecast, But 2020 Was Still Stellar; Some New Volatility in Rates

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30 Year Fixed 2.76%   +0.01 15 Year Fixed 2.26%   +0.01 10YR Treasury 1.05%   +0.0373 View Today's Rates

Thursday January 28, 2021 MND NewsWire - 11:08AM New Home Sales Recover Slightly After Losses, Still up 15% Annually New homes sales managed a small increase in December following three months of losses including a substantial downturn in November. The U.S. Census Bureau and the Department of Housing ... Mortgage Rate Watch - 4:10PM Mortgage Rates Start Strong But End Higher Mortgage rates have had a great couple of weeks after jumping to multi-month highs at the beginning of January. By yesterday, they'd made it almost all the way back to their best recent ... MBS Commentary - 3:52PM MBS RECAP: Why Are We Losing Ground Today and What's The Implication? Why Are We Losing Ground Today and What's The Implication? Due to its timing and size, today's bond market weakness may suggest the short-term rally is reversing course. One single ... Ops, MLO, IT Jobs; MSR, Originator Ranking, Digital Tools; FHA's Bevy of News; Ginnie's eNote Pool MBS Day Ahead: 1st Look at Q4 GDP as 10yr Hovers Near 1.0% Latest Video Stocks gain steam as market rebounds from worst sell-off in 3 months New home sales at 842,000, lower than expectations The Bond Report - 9am - January 28, 2021 More News from 'Around the Web' news.google.com - 1:49PM Dow jumps 400 points, rebounding from its biggest drop since October - CNBC Calculated Risk Blog - 10:20AM January 27 COVID-19 Test Results and Vaccinations CNBC - 8:54AM Jobless claims rise less than expected at 847,000 first-time applicants CNBC - 8:54AM U.S. economy closes out 2020 with lower than expected 4% gain CNBC - 8:07AM The Federal Reserve doesn't see risks to market stability, even as concern about bubbles grows CNBC - 8:05AM The ECB is sticking to its block on bank dividends ... for now Today's Rates Best Execution Rate Change 30 Yr FRM 2.76% +0.01 15 Yr FRM 2.26% +0.01 FHA 30 Year Fixed 2.25% +0.00 Jumbo 30 Year Fixed 3.25% +0.00 5/1 Yr ARM 2.22% +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 2.85% 0.33 -0.05 15 Yr. Fixed 2.49% 0.29 -0.02 30 Yr. Jumbo 3.12% 0.33 -0.08 30 Yr. FHA 2.96% 0.42 -0.01 5/1 ARM 2.58% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 2.73% 0.70 -0.04 15 Yr. Fixed 2.20% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 0.30 +0.00 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 2.0 103.33 -0.11 30YR UMBS 2.5 105.39 +0.02 30YR GNMA 2.0 103.95 -0.13 30YR GNMA 2.5 105.06 -0.03 15YR UMBS 2.0 104.44 -0.02 15YR UMBS 2.5 104.81 +0.05 Treasuries Yield Change 2 YR 0.1211% +0.0020 5 YR 0.4304% +0.0206 10 YR 1.0500% +0.0373 30 YR 1.8095% +0.0383 Prices as of: 1/28/2021 4:22PM 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Very Tame Reaction to The Fed as 10yr Targets 1.0%; Forbearance Plans Extended; Applications Ebb

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30 Year Fixed 2.75%   -0.05 15 Year Fixed 2.25%   -0.03 10YR Treasury 1.01%   -0.0203 View Today's Rates

Wednesday January 27, 2021 MBS Commentary - 4:59PM MBS RECAP: Very Tame Reaction to The Fed Despite Bond-Friendly Message Very Tame Reaction to The Fed Despite Bond-Friendly Message Bonds took a bit of a lead-off heading into today's Fed announcement as 10yr yields flirted with a break below 1.0% for the ... MND NewsWire - 9:21AM FHA Forbearance Eligibility and Eviction Moratoria Extended The Acting Secretary of the Department of Housing and Urban Development (HUD) has announced an extension of the deadline for borrowers with FHA mortgage loans to apply for and receive ... MND NewsWire - 8:26AM Mortgage Application Volume Retreats for Second Week There was a significant pull-back in the volume of mortgage applications during the week ended January 22. Volume has been down in two of the three full weeks of the new year. The Mortgage ... MBS Commentary - 9:42AM MBS Day Ahead: Friendly Bond Bounce Continues as 10s Target 1.0% With 10yr yields breaking the 1.075% technical floor on Monday, the bond market added evidence to the case for a move back to 1.0%. Today's early gains make the evidence nearly overwhelming ... Differences Between Previous and Current FOMC Statements Encompass, Training, Credit Risk Jobs; Pricing, Sales, Reno Products; Training on Securitization and Other Upcoming Events Latest Video Fed Chair Powell on whether he's concerned about a housing bubble Fed Chair Jerome Powell on whether the central bank can avoid a taper tantrum Federal Reserve leaves interest rates unchanged More News from 'Around the Web' CNBC - 5:22PM Trump cut taxes for the rich. Biden wants to raise them Calculated Risk Blog - 5:22PM House Prices and Median Household Income www.npr.org - 3:50PM Down But Not Out: Pandemic Likely Dealt Blow To Economy But There's Room For Hope CNBC - 2:16PM Federal Reserve leaves interest rates and asset purchases unchanged, sees growth slowing CNBC - 1:47PM Fed Chairman Powell will try to soothe markets, but that may not work news.google.com - 11:26AM Fed set to release monetary policy decision CNBC - 11:26AM Nearly one third of U.S. homes are at high risk of natural disaster, a new study says CNBC - 9:08AM Treasury yields dip slightly ahead of speech from Fed Chair Powell news.yahoo.com - 9:07AM US durable goods orders show modest 0.2% December gain Today's Rates Best Execution Rate Change 30 Yr FRM 2.75% -0.05 15 Yr FRM 2.25% -0.03 FHA 30 Year Fixed 2.25% -0.02 Jumbo 30 Year Fixed 3.25% -0.04 5/1 Yr ARM 2.21% -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 2.85% 0.33 -0.05 15 Yr. Fixed 2.49% 0.29 -0.02 30 Yr. Jumbo 3.12% 0.33 -0.08 30 Yr. FHA 2.96% 0.42 -0.01 5/1 ARM 2.58% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 2.77% 0.70 -0.02 15 Yr. Fixed 2.21% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.80% 0.40 -0.32 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 2.0 103.44 +0.05 30YR UMBS 2.5 105.38 -0.06 30YR GNMA 2.0 104.08 +0.13 30YR GNMA 2.5 105.09 +0.05 15YR UMBS 2.0 104.45 +0.03 15YR UMBS 2.5 104.77 +0.06 Treasuries Yield Change 2 YR 0.1191% -0.0039 5 YR 0.4098% +0.0011 10 YR 1.0127% -0.0203 30 YR 1.7712% -0.0187 Prices as of: 1/27/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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