Daily Newsletter: Pending Sales Post a Surprising Surge; Rates Catch a Break

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30 Year Fixed 3.15%   -0.01 15 Year Fixed 2.59%   -0.01 10YR Treasury 1.53%   -0.0017 View Today's Rates

Wednesday September 29, 2021 MND NewsWire - 10:49AM Pending Sales Post a Surprising Surge Pending home sales rebounded in August after falling in both June and July. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI), based on contracts ... MND NewsWire - 10:46AM Higher Rates Push Application Volumes Lower Mortgage application volume edged slightly lower during the week ended September 24 , with purchase and finance applications sharing in the dip. The Mortgage Bankers Association (MBA ... Mortgage Rate Watch - 4:20PM Mortgage Rates Finally Catch a Break After spending the past four business days moving rapidly higher, mortgage rates finally caught a break today, but it was small. In fact, the average prospective borrower wouldn't likely ... MBS Commentary - 4:17PM MBS RECAP: Token Rally a Small Concession For Recent Selling Spree Token Rally a Small Concession For Recent Selling Spree After 4 straight days of heavy selling pressure, bonds finally found their footing today. Pessimists took offense to the underwhelming ... MBS Morning: Buyers Finally Showing Up. Will They Stick Around? Ops, MLO Jobs; Direct Marketing, Non-QM, TPO, Servicing Products; CECL Primer for Lenders Latest Video The 9am Bond Report - September 29, 2021 Evergrande selling $1.5 billion stake in its own bank How two Fed president resignations will affect Federal Reserve policy More News from 'Around the Web' CNBC - 2:37PM House will vote on a debt ceiling suspension that is doomed in the Senate CNBC - 2:37PM Fed Chair Powell calls inflation 'frustrating' and sees it running into next year www.redfin.com - 1:36PM Housing Market Update: Asking Prices Up 12% to All-Time High Calculated Risk Blog - 1:15PM Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in July CNBC - 11:49AM Navient will no longer service federal student loans. What that means for borrowers Calculated Risk Blog - 10:19AM NAR: Pending Home Sales Increased 8.1% in August CNBC - 8:08AM 10-year Treasury yield retreats but hovers above 1.51% CNBC - 8:06AM 'This is not 1973': Economist rules out 'stagflation' and persistent price pressures Today's Rates Best Execution Rate Change 30 Yr FRM 3.15% -0.01 15 Yr FRM 2.59% -0.01 FHA 30 Year Fixed 2.78% -0.02 Jumbo 30 Year Fixed 3.16% -0.03 5/1 Yr ARM 2.74% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.88% 0.70 +0.02 15 Yr. Fixed 2.15% 0.60 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.43% 0.30 -0.08 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 2.0 100.19 +0.22 30YR UMBS 2.5 103.02 +0.19 30YR GNMA 2.0 101.28 +0.22 30YR GNMA 2.5 102.77 +0.09 15YR UMBS 2.0 102.89 +0.11 15YR UMBS 2.5 104.14 0.00 Treasuries Yield Change 2 YR 0.2931% -0.0118 5 YR 0.9970% -0.0274 10 YR 1.5253% -0.0017 30 YR 2.0718% -0.0242 Prices as of: 9/29/2021 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. © 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: Climate Change and Housing; Double Whammy For Home Prices; Rates Are Surging

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30 Year Fixed 3.16%   +0.02 15 Year Fixed 2.60%   +0.03 10YR Treasury 1.55%   +0.0555 View Today's Rates

Tuesday September 28, 2021 MND NewsWire - 1:38PM Housing Experts Look at Possible Climate Change Impacts Two important members of the real estate community issued reports related to the impact of climate change within the last week. The Mortgage Bankers Association (MBA) Research Institute ... MND NewsWire - 1:17PM Interest Rates, Investor Buyers, a "Double-Whammy" for Price Growth The Federal Housing Finance Agency (FHFA) and all three of the S&P CoreLogic Case-Shiller price indices posted annual price gains in excess of 19 percent in July. Each index accelerated ... Mortgage Rate Watch - 3:53PM Just When You Thought Mortgage Rates Couldn't Get Any Higher The headline requires a bit of context. The target audience would be those of us who keep tabs on every little move in mortgage rates . If you identify with that crowd, you've seen ... MBS Commentary - 10:02AM MBS Morning: Bond Traders' Game Plan: Sell First, Ask "Why" Later Momentum, macroeconomic considerations, and Fed policy continue to dominate the bond market since last Thursday as traders are swept up in the widespread repricing of risk. While the ... AE, MLO Jobs; Automation, Sec. Marketing, Sales, Non-QM Products; USDA and FHA News; Rates Grind Higher Highest Mortgage Rates in Nearly 3 Months Latest Video How two Fed president resignations will affect Federal Reserve policy The 9am Bond Report - September 28, 2021 Consumer confidence at its lowest level since February More News from 'Around the Web' Reuters - 2:59PM Exclusive-JPMorgan's Dimon cautions a U.S. default would be 'potentially catastrophic' webfeeds.brookings.edu - 2:52PM How worried should we be if the debt ceiling isn't lifted? Reuters - 1:53PM U.S. consumer confidence hits seven-month low; goods trade deficit widens Calculated Risk Blog - 12:13PM Comments on House Prices CNBC - 9:43AM Congress must raise the debt limit by Oct. 18, Treasury Secretary Yellen warns in new letter as potential default looms Calculated Risk Blog - 9:23AM Case-Shiller: National House Price Index increased 19.7% year-over-year in July CNBC - 8:07AM 10-year Treasury yield tops 1.54%, reaching highest point since June Today's Rates Best Execution Rate Change 30 Yr FRM 3.16% +0.02 15 Yr FRM 2.60% +0.03 FHA 30 Year Fixed 2.80% +0.05 Jumbo 30 Year Fixed 3.19% +0.02 5/1 Yr ARM 2.75% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.88% 0.70 +0.02 15 Yr. Fixed 2.15% 0.60 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.43% 0.30 -0.08 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 99.94 -0.28 30YR UMBS 2.5 102.84 -0.20 30YR GNMA 2.0 101.03 -0.22 30YR GNMA 2.5 102.66 -0.11 15YR UMBS 2.0 102.78 -0.11 15YR UMBS 2.5 104.14 -0.09 Treasuries Yield Change 2 YR 0.3049% +0.0250 5 YR 1.0244% +0.0365 10 YR 1.5461% +0.0555 30 YR 2.0953% +0.0939 Prices as of: 9/28/2021 4:53PM 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 Recovery Continued in August; Who's Lying About Mortgage Rates

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30 Year Fixed 3.13%   +0.03 15 Year Fixed 2.55%   +0.02 10YR Treasury 1.45%   +0.0173 View Today's Rates

Friday September 24, 2021 MND NewsWire - 11:36AM New Home Sales Recovery Continued in August Sales of newly constructed homes performed better than expected in August but remain well behind the pace set in August 2020. The U.S. Census Bureau and Department of Housing and Urban ... Mortgage Rate Watch - 7:41PM Who's Lying About The Spike in Mortgage Rates? As recently as Thursday, news outlets were reporting mortgage rates had only risen modestly this week with 30yr fixed rates still well under 3.00%. In fact, they were already well over ... MBS Commentary - 10:47AM MBS Morning: The Breakout is Here. What Now? As early as 4 months ago, we'd been eyeing late September as do or die time for the low rate environment. By early September, we had a very clear picture of the consolidation pattern ... MBS RECAP: Range Breakout or New Trend Channel? MLO Jobs; Whole Loan Trading, Servicing, Digital, Jumbo, Automation Products; Conforming Conventional Updates Latest Video The 2pm Bond Report - September 24, 2021 Average rate on 30-year fixed mortgage rises If things get worse, Fed will taper faster: Wharton's Siegel More News from 'Around the Web' Reuters - 2:00PM Europe shares fall, Wall St pauses as Evergrande fears hover; U.S. yields rise Reuters - 1:33PM Two Fed policymakers say bar for taper met, nod to next debates www.nar.realtor - 12:41PM Less Intense Multi-bidding and Fewer First-time Buyers in August 2021 Calculated Risk Blog - 11:49AM Comments on August New Home Sales Calculated Risk Blog - 9:09AM September Vehicle Sales Forecast: "Disappearing Inventory Taking U.S. Light-Vehicle Sales to Another Low in September" CNBC - 8:05AM 'I was expecting something more quiet,' Lagarde admits on her ECB top job Reuters - 8:03AM Evergrande investors in limbo after payment deadline passes Today's Rates Best Execution Rate Change 30 Yr FRM 3.13% +0.03 15 Yr FRM 2.55% +0.02 FHA 30 Year Fixed 2.75% +0.00 Jumbo 30 Year Fixed 3.18% +0.05 5/1 Yr ARM 2.75% +0.10 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.88% 0.70 +0.02 15 Yr. Fixed 2.15% 0.60 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.43% 0.30 -0.08 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 2.0 100.44 +0.14 30YR UMBS 2.5 103.25 +0.14 30YR GNMA 2.0 101.41 +0.20 30YR GNMA 2.5 102.86 +0.11 15YR UMBS 2.0 103.02 +0.02 15YR UMBS 2.5 104.27 -0.05 Treasuries Yield Change 2 YR 0.2715% +0.0107 5 YR 0.9485% +0.0003 10 YR 1.4526% +0.0173 30 YR 1.9847% +0.0387 Prices as of: 9/24/2021 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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