Daily Newsletter: Buyers Not Holding Breath; Wildfire Relief; Lowest Mortgage Rates This Month!

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30 Year Fixed 4.96%   -0.07 15 Year Fixed 4.46%   -0.05 10YR Treasury 3.11%   -0.0184 FNMA 30YR 3.5 97.41   +0.13 FNMA 15YR 2.5 98.22   +0.11 View Today's Rates

Thursday November 15, 2018 Mortgage Rate Watch - 5:11PM Lowest Mortgage Rates This Month! Mortgage rates hit their lowest levels of the month today! Sure, that's only 10 business days for the mortgage world, but we'll take every little victory we can get these days. Why ... MND NewsWire - 12:10PM Buyers Not Holding Their Breath for Short Term Market Relief It ain't going to get any easier... The National Association of Home Builders (NAHB) tells us these cheery words encapsulate the attitude of respondents to its survey regarding home ... MND NewsWire - 5:27PM Fannie Mae Offering Relief Programs in Wildfire Areas Fannie Mae has expanded the menu of post-disaster services it is offering to its borrowers. The new services are in addition to the up to 12 months of forbearance, waived fees, and ... MBS Commentary - 9:30AM MBS Day Ahead: Brexit Strikes Back Ah Brexit... You thought you'd heard the last of it back in 2016? No such luck. Actually, it is a bit lucky to be hearing about it, at least as far as domestic rates are concerned. ... Accounting, Subservicing, Warehouse Products; Freddie and Fannie Changes Roll On Millennials Could be Foregoing Equity Wealth Latest Video Homebuilder stocks get crushed, but one analyst says the chart looks so bad, it's good If builders have money, they're gonna build: Stephen Ross Fed's Powell raises the red flag on global growth More News from 'Around the Web' Bloomberg - 5:32PM Wells Fargo Cuts 1000 Jobs Across the US on Mortgage Woes www.realtor.com - 5:32PM The Monopoly for Millennials Game Removed Real Estate Wheeling and Dealing—Why? Calculated Risk Blog - 4:18PM California Existing Homes in October: Sales Down 7.9% YoY, Inventory Up 28% Bloomberg - 2:12PM Goldman Sees Fed Hikes Pushing 2- to 30-Year Spread Toward Zero CNBC - 2:11PM Fed set for a broad review on how it conducts policy in 2019 CNBC - 2:11PM Fed's Bostic says interest rates are 'not too far' from neutral CNBC - 12:48PM Billionaire investor Ray Dalio: Fed raised rates to a point where they're hurting asset prices www.realtor.com - 11:40AM Mortgage Rates Hold Steady as Housing Market Stresses Mount Bloomberg - 11:21AM Canadian Home Sales Fall for a Second Month in October Calculated Risk Blog - 11:02AM Weekly Initial Unemployment Claims increased to 216,000 eyeonhousing.org - 10:34AM Most Buyers Don't Expect House Hunting to Get Easier Soon www.nytimes.com - 10:14AM Why the Housing Market Is Slumping Despite a Booming Economy Calculated Risk Blog - 9:49AM Earlier: NY Fed Mfg "Solid", Philly Fed Mfg "Slowed" in November www.theguardian.com - 8:42AM Brexit: May hit by two cabinet resignations as Raab and McVey quit over plan – Politics live CNBC - 8:34AM Billionaire Ray Dalio: Fed raised rates to a point where they're hurting asset prices Bloomberg - 8:08AM Wells Fargo Wants a Bigger Down Payment on That House in Greenwich Bloomberg - 8:07AM Fed's Powell Says US Economy Is in a 'Good Place,' Can Grow Faster CNBC - 8:03AM US bond yields tick lower amid sterling plunge Today's Rates Best Execution Rate Change 30 Yr FRM 4.96% -0.07 15 Yr FRM 4.46% -0.05 FHA 30 Year Fixed 4.50% -0.05 Jumbo 30 Year Fixed 4.58% -0.03 5/1 Yr ARM 4.73% +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 4.94% 0.50 +0.00 15 Yr. Fixed 4.36% 0.40 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.14% 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 FNMA 3.0 94.69 +0.17 30YR FNMA 3.5 97.41 +0.13 30YR GNMA 3.0 95.75 +0.03 30YR GNMA 3.5 98.19 +0.03 15YR FNMA 3.0 98.22 +0.11 15YR FNMA 2.5 95.89 +0.11 Treasuries Yield Change 2 YR 2.8580% -0.0083 5 YR 2.9362% -0.0205 10 YR 3.1103% -0.0184 30 YR 3.3584% -0.0075 Prices as of: 11/15/2018 5:05PM 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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