Daily Newsletter: Pending Home Sales Post 5th Straight Loss; Mortgage Rates Well Over 3 Percent

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30 Year Fixed 3.27%   +0.13 15 Year Fixed 2.75%   +0.12 10YR Treasury 1.53%   +0.1581 View Today's Rates

Thursday February 25, 2021 MND NewsWire - 10:47AM Pending Home Sales Post 5th Straight Loss January marked the fifth straight month that the National Association of Realtors® (NAR) has reported a decline in its Pending Home Sales Index (PHSI). The index, based on newly ... MBS Commentary - 10:37AM MBS Day Ahead: Just When You Thought It Wouldn't Get Much Worse It got much worse. Bond yields were up more than 8bps by the open with the 10yr just a hair under 1.47%. It might be hard for traders to avoid ringing the 1.50% bell even if bonds manage ... Mortgage Rate Watch - 5:28PM Mortgage Rates Are Now Well Over 3 Percent Mortgage rates WISH they were still at 2.97%--the number conveyed today by Freddie Mac's weekly survey. Freddie's data is accurate when it comes to capturing broad trends over time ... MBS RECAP: Video Time Corresponds With Market Drama (Today's is 22 min.) Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes Latest Video The 9am Bond Report - February 25, 2021 Carlyle's Rubenstein: High unemployment is a bigger economic risk than market speculation Fed Chair Powell has a bond dilemma as the economy recovers More News from 'Around the Web' CNBC - 2:11PM Stocks just got some new competition from bonds as 10-year rate tops dividend yield CNBC - 2:11PM Here's why jobless claims are the wrong way to understand unemployment in the U.S. CNBC - 1:39PM Why stock investors are starting to really worry about rising bond yields Calculated Risk Blog - 11:48AM Hotels: Occupancy Rate Declined 23.8% Year-over-year Calculated Risk Blog - 10:01AM Q4 GDP Growth Revised up slightly to 4.1% Annual Rate CNBC - 8:34AM U.S. weekly jobless claims total 730,000, vs 845,000 estimate Reuters - 8:34AM Stocks rise, bond yields too - despite central banker talk-down efforts CNBC - 8:03AM 10-year Treasury yield moves higher ahead of fourth-quarter GDP update Today's Rates Best Execution Rate Change 30 Yr FRM 3.27% +0.13 15 Yr FRM 2.75% +0.12 FHA 30 Year Fixed 2.88% +0.13 Jumbo 30 Year Fixed 3.49% +0.01 5/1 Yr ARM 2.42% +0.13 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 3.08% 0.46 +0.10 15 Yr. Fixed 2.56% 0.40 +0.09 30 Yr. Jumbo 3.23% 0.43 +0.12 30 Yr. FHA 3.00% 0.33 +0.07 5/1 ARM 2.83% 0.36 +0.00 Freddie Mac ** 30 Yr. Fixed 2.97% 0.60 +0.16 15 Yr. Fixed 2.34% 0.60 +0.13 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.99% 0.10 +0.22 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 99.89 -1.14 30YR UMBS 2.5 102.84 -0.94 30YR GNMA 2.0 100.50 -1.23 30YR GNMA 2.5 102.92 -0.80 15YR UMBS 2.0 102.84 -0.56 15YR UMBS 2.5 104.19 -0.31 Treasuries Yield Change 2 YR 0.1779% +0.0529 5 YR 0.8198% +0.2177 10 YR 1.5303% +0.1581 30 YR 2.2979% +0.0730 Prices as of: 2/25/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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