Daily Newsletter: Rates Stay Near Recent Lows; Realtors Define Average Homebuyer

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30 Year Fixed 4.94%   +0.00 15 Year Fixed 4.43%   +0.00 10YR Treasury 3.09%   +0.0113 FNMA 30YR 3.5 97.66   -0.14 FNMA 15YR 2.5 98.30   -0.09 View Today's Rates

Monday October 29, 2018 Mortgage Rate Watch - 4:22PM Mortgage Rates Stay Near Recent Lows as Busy Week Begins Mortgage rates didn't move today, despite a fair amount of underlying market volatility. Rates are able to weather the sorts of storms you hear about in the stock market in part due ... MND NewsWire - 1:29PM NAR Survey Catalogs Changes in Home Buyer Characteristics The National Association of Realtors® (NAR) says its 2018 Profile of Home Buyers and Sellers confirms that student debt balances are an increasing concern and that single, female ... MBS Commentary - 5:00PM MBS RECAP: Bonds Staying Thirsty For Stock Drama--Too Thirsty The bond market has seen one too many "stay thirsty" memes. For example, "I don't always rally for more than a few days in a rising rate environment, but when I do, it's because of ... Pipeline Press - 8:59AM Compliance, Broker, and App Products; Legal News from PrimeLending and Lehman We have a whole generation of home buyers who have never seen a 5% mortgage rate, and interesting thought. We’re not in the “An ARM is better” territory, but lenders ... MBS Week Ahead: Who's Going to Blink First? JPM's Ellie Mae Downgrade; Lots of Vendor News/Products; Tariffs and Rates Latest Video Current economic and market cycles will probably last the next 3-5 years, says pro Santelli Exchange: Interest rate differentials underscore central bank exit issues Personal income up 0.2%, spending up 0.4% in September More News from 'Around the Web' CNBC - 4:18PM Fed reportedly ready to change more banking regulations CNBC - 4:18PM The Fed may have to make an important adjustment to the way it's raising rates Reuters - 4:17PM Wall Street falls on fresh China tariff worries www.builderonline.com - 3:12PM Costs Spike Nationwide After Housing Fires Calculated Risk Blog - 1:06PM Q3 2018 GDP Details on Residential and Commercial Real Estate The Basis Point - 12:02PM What Happens WHEN We Wake Up To This Amazon Mortgage Headline? Calculated Risk Blog - 10:45AM Dallas Fed: "Texas Manufacturing Continues to Expand, but Pace Slows" CNBC - 10:17AM 4 gig economy trends that are radically transforming the US job market eyeonhousing.org - 9:23AM Sale and Contract Prices per Square Foot in 2017 Bloomberg - 8:37AM Americans Save Less to Sustain Spending as Income Gains Cool Bloomberg - 8:03AM Five Potential Triggers for Market Bottom www.realtor.com - 8:03AM Sick of Renting? Here Are the Top Buyer's Bargains in America's Biggest Cities CNBC - 8:02AM US Treasury yields move higher as investors await economic data, auctions Today's Rates Best Execution Rate Change 30 Yr FRM 4.94% +0.00 15 Yr FRM 4.43% +0.00 FHA 30 Year Fixed 4.42% +0.00 Jumbo 30 Year Fixed 4.38% +0.00 5/1 Yr ARM 4.44% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.15% 1.16 -0.02 30 Yr. Fixed 4.78% 1.15 +0.01 MBA ** 30 Yr. Fixed 4.96% 0.49 -0.01 15 Yr. Fixed 4.39% 0.50 +0.01 30 Yr. Jumbo 4.93% 0.31 +0.01 30 Yr. FHA 4.95% 0.80 +0.01 5/1 ARM 4.24% 0.48 +0.02 Freddie Mac ** 30 Yr. Fixed 4.86% 0.50 +0.01 15 Yr. Fixed 4.29% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 0.30 +0.04 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 FNMA 3.0 94.97 -0.13 30YR FNMA 3.5 97.66 -0.14 30YR GNMA 3.0 96.02 -0.02 30YR GNMA 3.5 98.47 -0.14 15YR FNMA 3.0 98.30 -0.09 15YR FNMA 2.5 95.92 -0.11 Treasuries Yield Change 2 YR 2.8224% +0.0121 5 YR 2.9223% +0.0135 10 YR 3.0887% +0.0113 30 YR 3.3340% +0.0216 Prices as of: 10/29/2018 5:16PM 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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