Daily Newsletter: Lumber Should Remain Volatile; Home Price Gains Slow; Will We See 7% Next Year?

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.24%   -0.03 15 Year Fixed 2.59%   -0.02 10YR Treasury 1.48%   +0.0051 View Today's Rates

Tuesday December 28, 2021 MND NewsWire - 11:38AM Price Gains Slow; Will We See 7% Next Year? Home price gains slowed slightly in October with both S&P CoreLogic Case-Shiller and the Federal Housing Finance Agency (FHFA) reporting lower annual increases in October than in ... MND NewsWire - 11:13AM Lumber Prices Likely to Remain Volatile With the overall inflation rate becoming a focus of concern, the attention paid to lumber prices over the spring and summer faded to background noise. A recent report on the subject ... Mortgage Rate Watch - 4:30PM Mortgage Rates Leveling Off At 3-Week Highs Mortgage rates hit their highest level in 2 weeks heading into Christmas weekend. The average lender raised costs by a very small amount again on Monday, thus leaving them within striking ... MBS Morning: More Data, But Not Necessarily More Excitement Broker, ECOA, VA Cash Out Products; Disaster News; Thoughts on Yield Curve and IMBs Latest Video The 3pm Bond Report - December 28, 2021 The 9am Bond Report - December 28, 2021 Omicron Covid variant hits airline industry with thousands of cancellations More News from 'Around the Web' Reuters - 3:25PM S&P 500 pauses after four-day rally to record high Calculated Risk Blog - 11:50AM Comments on Case-Shiller and FHFA House Price Increases Reuters - 9:33AM S&P 500 set to open at record high as rally sustains Calculated Risk Blog - 9:27AM Case-Shiller: National House Price Index increased 19.1% year-over-year in October CNBC - 8:14AM U.S. Treasury yields are slightly higher with omicron in focus Today's Rates Best Execution Rate Change 30 Yr FRM 3.24% -0.03 15 Yr FRM 2.59% -0.02 FHA 30 Year Fixed 2.85% -0.01 Jumbo 30 Year Fixed 3.12% -0.01 5/1 Yr ARM 3.33% +0.00 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 3.05% 0.70 -0.07 15 Yr. Fixed 2.30% 0.70 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.37% 0.40 -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 99.78 +0.06 30YR UMBS 2.5 102.16 +0.08 30YR GNMA 2.0 101.11 +0.08 30YR GNMA 2.5 102.25 +0.03 15YR UMBS 2.0 102.45 +0.03 15YR UMBS 2.5 103.45 +0.03 Treasuries Yield Change 2 YR 0.7539% +0.0491 5 YR 1.2450% -0.0049 10 YR 1.4824% +0.0051 30 YR 1.9025% +0.0207 Prices as of: 12/28/2021 4:38PM 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.

Daily Newsletter: Home Sales Stay Strong; Prices Extend Winning Streak; Rates Lower And Higher...

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.25%   +0.03 15 Year Fixed 2.59%   +0.04 10YR Treasury 1.45%   -0.0017 View Today's Rates

Wednesday December 22, 2021 MND NewsWire - 11:19AM String of Existing Home Price Increases Now Longest on Record Existing home sales came in a little lower than expected in November, but it was still the third consecutive gain. The National Association of Realtors® (NAR) said sales of pre ... MND NewsWire - 11:15AM Lower Rates Boost Refi Volume The volume of mortgage applications dipped slightly during the week ended December 17, the second consecutive decline. The Mortgage Bankers Association (MBA) said its Market Composite ... Mortgage Rate Watch - 7:48PM Highest Mortgage Rates in 2 Weeks Mortgage rates continued higher for the third straight day on Wednesday. This brings the average lender to the highest levels in exactly 2 weeks. But that's the most dramatic way to ... MBS Commentary - 4:02PM MBS RECAP: Sideways, Boring, and Slightly Stronger Sideways, Boring, and Slightly Stronger 10yr futures contract volume was roughly 600k by 3pm. That's on par with the typical half day meaning today was the lowest volume full trading ... HELOC, Broker, POS/LOS Products; FEMA News... Private Flood Insurance for FHA Loans? MBS Morning: Last Real Trading Day This Week and Even That's a Stretch Latest Video The Conference Board survey shows inflation concerns down from 13-year high Fewer home sales expected in 2022 as rates, prices stay high Mortgage rates hit four-week low, weekly refinance applications up 2% More News from 'Around the Web' www.redfin.com - 4:05PM Housing Market Update: Home Prices Rise to All-Time High Calculated Risk Blog - 1:43PM MBA Updated Economic and Mortgage Forecasts Calculated Risk Blog - 11:45AM More Analysis on November Existing Home Sales Calculated Risk Blog - 10:57AM NAR: Existing-Home Sales Increased to 6.46 million in November Fannie Mae - 10:00AM Fannie Mae's Journey to $100 Billion in Green Bonds and What Lies Ahead www.redfin.com - 8:44AM U.S. Homeowners Gained $9 Trillion Over the Past Year Calculated Risk Blog - 8:40AM Q3 GDP Growth Revised up to 2.3% Annual Rate CNBC - 8:04AM U.S. Treasury yields tick lower ahead of U.S. data release, markets watch for new Covid-19 restrictions Today's Rates Best Execution Rate Change 30 Yr FRM 3.25% +0.03 15 Yr FRM 2.59% +0.04 FHA 30 Year Fixed 2.85% +0.05 Jumbo 30 Year Fixed 3.12% -0.02 5/1 Yr ARM 3.30% +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 3.12% 0.60 +0.02 15 Yr. Fixed 2.34% 0.70 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.45% 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 99.67 +0.14 30YR UMBS 2.5 102.08 +0.13 30YR GNMA 2.0 100.95 +0.11 30YR GNMA 2.5 102.22 +0.06 15YR UMBS 2.0 102.50 +0.08 15YR UMBS 2.5 103.48 +0.05 Treasuries Yield Change 2 YR 0.6647% -0.0038 5 YR 1.2156% -0.0049 10 YR 1.4532% -0.0017 30 YR 1.8524% -0.0185 Prices as of: 12/22/2021 7:44PM 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.

Daily Newsletter: Home Sales Forecast Surges as Fannie Mae Revises Timelines; Rates Modestly Higher

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.17%   +0.01 15 Year Fixed 2.53%   +0.01 10YR Treasury 1.43%   +0.0204 View Today's Rates

Monday December 20, 2021 MND NewsWire - 1:35PM Home Sales Forecast Surges as Fannie Mae Revises Timelines Fannie Mae jumped up its forecast for real GDP on a Q4/Q4 basis this week, revising it from 4.8 percent in last month's report to 5.5 percent. The company's economists said they believe ... Mortgage Rate Watch - 5:28PM Mortgage Rates Moderately Higher For most lenders, mortgage rates edged slightly higher at the start of the holiday-shortened week. The exception would be among those lenders who made changes to their rate offerings ... MBS Commentary - 4:54PM MBS RECAP: Small Scale Volatility Leaves Bonds Slightly Weaker Small Scale Volatility Leaves Bonds Slightly Weaker The day began on a modestly positive note and ended with bonds trading just slightly weaker. There was little to glean from the price ... MBS Commentary - 11:11AM MBS Morning: Decent Start; Quiet, Holiday-Shortened Week Despite a bit of 2-way trading, bonds are starting the day in slightly stronger territory. Pandemic concerns remain the most obvious source of inspiration for bond buyers while pandemic ... Sales, Tech, VOE Tools; Freddie and Fannie Changes Continue; Omicron and Mortgage Rates Pandemic News Continues Saying "Not So Fast" to Rising Rates Latest Video The 2pm Bond Report - December 20, 2021 The 9am Bond Report - December 20, 2021 European nations impose new restrictions to stem Covid surge More News from 'Around the Web' CNBC - 3:02PM Home flipping is getting more competitive – and less profitable Calculated Risk Blog - 2:32PM Review: Ten Economic Questions for 2021 Calculated Risk Blog - 1:43PM Housing Inventory December 20th Update: Inventory Down 3.9% Week-over-week CNBC - 1:02PM SALT deduction relief may be in peril as Build Back Better stalls CFPB - 11:47AM CFPB and DOJ Put Landlords and Mortgage Servicers on Notice About Servicemembers' and Veterans' Rights www.redfin.com - 10:21AM November Marked a New Low for Home Supply www.redfin.com - 9:23AM Rental Market Tracker: Rents Jumped 7% in a Month, Up 21% From 2020 CNBC - 9:01AM Goldman cuts GDP forecast after Sen. Manchin says he won't support Biden's 'Build Back Better' plan CNBC - 9:01AM World Economic Forum postpones Davos meeting on Covid uncertainty Reuters - 9:01AM Schumer says Senate to vote on Biden plan despite Manchin objections CNBC - 8:18AM U.S. Treasury yields tick lower on fears omicron will dent recovery Today's Rates Best Execution Rate Change 30 Yr FRM 3.17% +0.01 15 Yr FRM 2.53% +0.01 FHA 30 Year Fixed 2.75% +0.00 Jumbo 30 Year Fixed 3.08% +0.01 5/1 Yr ARM 3.02% -0.35 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 3.12% 0.60 +0.02 15 Yr. Fixed 2.34% 0.70 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.45% 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 99.80 0.00 30YR UMBS 2.5 102.17 0.00 30YR GNMA 2.0 101.06 -0.08 30YR GNMA 2.5 102.28 -0.11 15YR UMBS 2.0 102.53 +0.06 15YR UMBS 2.5 103.45 +0.08 Treasuries Yield Change 2 YR 0.6358% -0.0038 5 YR 1.1716% -0.0066 10 YR 1.4276% +0.0204 30 YR 1.8558% +0.0460 Prices as of: 12/20/2021 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.