Daily Newsletter: Mortgage Fraud on the Rise, Purchase Applications Vulnerable; Don't Fear The Taper

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30 Year Fixed 3.22%   +0.00 15 Year Fixed 2.62%   +0.01 10YR Treasury 1.56%   -0.0173 View Today's Rates

Friday October 29, 2021 MND NewsWire - 11:33AM Mortgage Fraud on the Rise, Purchase Applications Vulnerable There was a big jump in the incidence of mortgage fraud over the course of the last year. CoreLogic's annual report for the second quarter of 2021 reports that one in 120 mortgage applications ... Mortgage Rate Watch - 5:53PM Don't Fear The Taper For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market's knee-jerk response to the realization that the Federal ... MBS Commentary - 2:53PM MBS RECAP: Nice Recovery as Month-End Trades Roll In Nice Recovery as Month-End Trades Roll In Month-end trading isn't always helpful for bonds. Indeed, that's why our knowledge base entry on the topic is titled "month-end positioning ... MND NewsWire - 11:39AM Millennial Homebuying Share Correlates with High-Tech Job Opportunities The Millennial Generation, adults born between 1981 and 1996, were late bloomers when it came to buying a home. They came of age just in time to be clobbered by the Great Recession ... Digital, Sales, Non-QM Webinars; Rohit and the CFPB on the Move; Big-Name Mortgage Earnings MBS Morning: Here's What's Up With AM Bond Market Weakness Latest Video Interest rates will go up and we think the lower priced you are, the more affordable you'll be: Meritage Homes CEO October consumer sentiment index beats estimates at 71.7 The 9am Bond Report - October 29, 2021 More News from 'Around the Web' Calculated Risk Blog - 5:56PM Fannie Mae: Mortgage Serious Delinquency Rate Decreased in September Calculated Risk Blog - 3:17PM Early Q4 GDP Forecasts: Around 5% to 6% CNBC - 1:47PM Bill Ackman calls for the Fed to start raising interest rates 'as soon as possible' Reuters - 9:17AM U.S. labor costs power ahead in third quarter as wages surge Calculated Risk Blog - 8:39AM Personal Income Decreased 1.0% in September, Spending Increased 0.6% CNBC - 8:07AM Euro zone inflation rises to 4.1% for October, hitting a new 13-year high CNBC - 8:07AM Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costs Today's Rates Best Execution Rate Change 30 Yr FRM 3.22% +0.00 15 Yr FRM 2.62% +0.01 FHA 30 Year Fixed 2.85% +0.03 Jumbo 30 Year Fixed 3.16% +0.01 5/1 Yr ARM 3.09% +0.09 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 3.14% 0.70 +0.05 15 Yr. Fixed 2.37% 0.70 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.56% 0.30 +0.02 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 99.97 +0.09 30YR UMBS 2.5 102.75 +0.17 30YR GNMA 2.0 101.30 +0.20 30YR GNMA 2.5 102.53 +0.16 15YR UMBS 2.0 102.59 +0.11 15YR UMBS 2.5 103.88 +0.02 Treasuries Yield Change 2 YR 0.5010% +0.0119 5 YR 1.1848% +0.0017 10 YR 1.5609% -0.0173 30 YR 1.9390% -0.0400 Prices as of: 10/29/2021 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: Pending Sales Decline; Rates Rise; Was August the Turning Point for Home Prices?

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30 Year Fixed 3.22%   +0.04 15 Year Fixed 2.61%   +0.04 10YR Treasury 1.57%   +0.0246 View Today's Rates

Thursday October 28, 2021 MND NewsWire - 11:17AM Was August the Turning Point for Home Prices? There were further indications in August that home price gains are beginning to slow. The appreciation rate of the Federal Housing Finance Agency's (FHFA's) House Price Survey (HPI ... MND NewsWire - 11:04AM September Pending Home Sales Decline 2.3% The 8.1 percent increase in pending home sales in August, the first gain in three months, didn't start a trend. The National Association of Realtors® (NAR) said its Pending Home ... Mortgage Rate Watch - 4:45PM Mortgage Rate Mini-Winning Streak Comes to an End Mortgage rates finally ended this week's winning streak today. In light of the general upward trend in rates over the past month, bond yields (which tend to correlate with mortgage ... MBS Commentary - 4:30PM MBS RECAP: Rally Week Finds Its Limit After ECB And Auction Rally Week Finds Its Limit After ECB And Auction Bonds were having a great week by the end of the day on Wednesday. Yields had broken the lower boundary of an upwardly-sloped channel ... Capital Markets, Compliance, Homebuyer, Pre-approval Products; Fair Lending and Compliance are in Vogue MBS Morning: GDP Whispers Were Wrong, But Bonds Still Don't Care Latest Video Pending home sales falls 2.3% in September, below estimates 'Mortgage demand has come back,' Valley National Bank CEO says The 2pm Bond Report - October 28, 2021 More News from 'Around the Web' CNBC - 1:13PM The market is starting to price in more interest rate hikes than the Fed is indicating CNBC - 10:47AM Pending home sales fell unexpectedly in September, likely due to higher mortgage rates CNBC - 8:40AM U.S. gross domestic product increases at 2.0% annualized pace in Q3 vs. 2.8% estimate CNBC - 8:23AM 10-year Treasury yield rises to top 1.55% ahead of GDP update CNBC - 8:22AM European Central Bank holds policy steady despite soaring inflation Today's Rates Best Execution Rate Change 30 Yr FRM 3.22% +0.04 15 Yr FRM 2.61% +0.04 FHA 30 Year Fixed 2.82% +0.02 Jumbo 30 Year Fixed 3.15% +0.01 5/1 Yr ARM 3.00% +0.12 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 3.14% 0.70 +0.05 15 Yr. Fixed 2.37% 0.70 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.56% 0.30 +0.02 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 99.86 -0.11 30YR UMBS 2.5 102.58 -0.14 30YR GNMA 2.0 101.06 -0.13 30YR GNMA 2.5 102.41 -0.27 15YR UMBS 2.0 102.52 +0.02 15YR UMBS 2.5 103.84 +0.02 Treasuries Yield Change 2 YR 0.4891% -0.0138 5 YR 1.1831% +0.0331 10 YR 1.5747% +0.0246 30 YR 1.9777% +0.0181 Prices as of: 10/28/2021 4:52PM 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: Refinancing Still Driving Mortgage Volume; New Home Sales Improve Sharply

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30 Year Fixed 3.25%   -0.02 15 Year Fixed 2.62%   -0.02 10YR Treasury 1.61%   -0.0193 View Today's Rates

Tuesday October 26, 2021 MND NewsWire - 10:49AM Refinancing Still Driving Freddie Mac Mortgage Volume Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.4 percent in September compared to a 23.7 percent gain in August. The portfolio ... MND NewsWire - 10:48AM New Home Sales Post Double Digit September Gain Sales of newly constructed homes surged unexpectedly in September, reaching the highest rate since March . However, a downward revision in the August numbers left sales still significantly ... Mortgage Rate Watch - 4:08PM Mortgage Rates Continue Gradual Recovery Mortgage rates hit 6 month highs by the end of last week, but they've been cautiously recovering since then. The rebound traces a similar pattern in the bond market, as is typically ... Sales, Retention, Processing, Automation Tools; Agency Updates; Disclosing Ghosts? MBS Morning: Bonds Biding Time; Price Data Clarifies New Conforming Loan Limits Latest Video Consumer confidence is a barometer of the delta variant, says Conference Board's Odland The 9am Bond Report - October 26, 2021 Hyperinflation fears are overblown, long-time economist David Rosenberg suggests More News from 'Around the Web' Reuters - 3:50PM U.S. consumer confidence rebounds; house price growth likely peaked CNBC - 1:43PM Billions in aid still available to struggling renters Calculated Risk Blog - 11:29AM New Home Sales Increase to 800,000 Annual Rate in September Calculated Risk Blog - 9:56AM Case-Shiller: National House Price Index increased 19.8% year-over-year in August CNBC - 8:03AM Treasury yields fall slightly on Tuesday Today's Rates Best Execution Rate Change 30 Yr FRM 3.25% -0.02 15 Yr FRM 2.62% -0.02 FHA 30 Year Fixed 2.85% -0.05 Jumbo 30 Year Fixed 3.18% -0.02 5/1 Yr ARM 3.13% +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 3.09% 0.70 +0.04 15 Yr. Fixed 2.33% 0.70 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.54% 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 2.0 99.69 +0.09 30YR UMBS 2.5 102.47 +0.08 30YR GNMA 2.0 100.91 +0.09 30YR GNMA 2.5 102.52 +0.23 15YR UMBS 2.0 102.50 +0.02 15YR UMBS 2.5 103.88 -0.02 Treasuries Yield Change 2 YR 0.4498% +0.0145 5 YR 1.1795% +0.0084 10 YR 1.6132% -0.0193 30 YR 2.0428% -0.0398 Prices as of: 10/26/2021 4:23PM 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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