Daily Newsletter: Soft Landing from Pandemic Could Mean Less Inventory, Higher Prices; Lower Rates Boosted Refis

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30 Year Fixed 3.25%   +0.00 15 Year Fixed 2.59%   -0.01 10YR Treasury 1.53%   +0.0462 View Today's Rates

Wednesday December 8, 2021 MND NewsWire - 11:38AM Soft Landing from Pandemic Could Mean Less Inventory, Higher Prices Black Knight's Mortgage Monitor for the month of October looks at current delinquency statistics and their potential downstream effects on inventory and other housing concerns. The ... MND NewsWire - 10:52AM Lower Rates Stoked Refinancing During Post Holiday Week The combination of lower rates and a post-holiday business week made mortgage application activity during the week ended December 3 more than a little uneven. The Mortgage Bankers Association ... Mortgage Rate Watch - 3:39PM Mortgage Rates Hold Steady After Moving Higher Earlier This Week Mortgage rates stabilized today after spending the past 2 days moving modestly higher. In general, rates moved almost exclusively lower last week in response to concerns over the omicron ... Sales, Appraisal Jobs; Jumbo, Processing, Servicing, Warehouse Tools; Better.com's Woes MBS Morning: Treasuries Continue Giving Back Omicron Gains Latest Video Treasury auctions $36B in 10-year notes The 9am Bond Report - December 8, 2021 Better.com CEO fires more than 900 employees on Zoom call Today's Rates Best Execution Rate Change 30 Yr FRM 3.25% +0.00 15 Yr FRM 2.59% -0.01 FHA 30 Year Fixed 2.91% +0.01 Jumbo 30 Year Fixed 3.15% +0.00 5/1 Yr ARM 3.55% +0.07 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 3.11% 0.60 +0.01 15 Yr. Fixed 2.39% 0.60 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 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 99.64 -0.02 30YR UMBS 2.5 102.16 0.00 30YR GNMA 2.0 100.84 -0.02 30YR GNMA 2.5 102.14 0.00 15YR UMBS 2.0 102.41 +0.03 15YR UMBS 2.5 103.61 0.00 Treasuries Yield Change 2 YR 0.6835% -0.0097 5 YR 1.2776% +0.0179 10 YR 1.5281% +0.0462 30 YR 1.8997% +0.0905 Prices as of: 12/8/2021 4:19PM 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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