Daily Newsletter: Rates Near 3-Month Lows; Housing Confidence Improves; Good Sign For First-Time Buyers

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30 Year Fixed 4.71%   -0.02 15 Year Fixed 4.23%   -0.02 10YR Treasury 2.86%   -0.0361 FNMA 30YR 3.5 98.94   +0.25 FNMA 15YR 2.5 99.22   +0.20 View Today's Rates

Friday December 7, 2018 Mortgage Rate Watch - 3:55PM Mortgage Rates Lowest Since September After Jobs Report Mortgage rates held on to their recent improvements today after the important Employment Situation (the big "jobs report") showed November job creation was lower than expected. In general ... MND NewsWire - 11:51AM Uptick in Home Purchase Sentiment Reflects Increased Confidence Fannie Mae's Home Purchase Sentiment Index (HPSI) for November rose slightly, but within the 0.5-point increase was some increased confidence about personal finances and the wisdom ... MND NewsWire - 8:30AM Better Access to Conforming Loans Means More First-Timers in Market Access to mortgage credit moved higher in November, largely due to improved access to conforming mortgages. The Mortgage Bankers Association's Mortgage Credit Availability Index (MCAI ... MND NewsWire - 1:24PM New Fannie/Freddie Requirements May Penalize High-Risk Borrowers Three researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac ... Warehouse Products; Vendor/Service Provider Directory; Yield Curve Primer MBS Day Ahead: So Much of The Recent Volatility Has Been Building Toward Today Sluggish Construction Challenges the Housing Market Latest Video We should have been more aggressive on raising rates in the past, says former CEA chairman Consumer sentiment holds steady for December November's jobs report number falls short of expectation More News from 'Around the Web' Calculated Risk Blog - 3:21PM Lawler: Some Early Realtor/MLS Based Reports on Home Sales and Active Listings for November Bloomberg - 2:34PM ECB Not Announcing End of QE an 'Impossibility,' BofA's Preusser Says CNBC - 1:57PM Bullard suggests delaying December rate hike, first Fed member to publicly do so Calculated Risk Blog - 12:52PM Seattle Real Estate in November: Sales Down 20% YoY, Inventory up 135% YoY www.consumerfinancemonitor.com - 12:21PM Another Temporary Extension of the Flood Insurance Program CNBC - 11:24AM Barbara Corcoran says the No. 1 mistake home-buyers make is one she made too Calculated Risk Blog - 10:55AM Comments on November Employment Report CNBC - 10:25AM Markets see easier Fed after November hiring slowdown Reuters - 10:01AM U.S. job growth cools in November, monthly wage gains modest CNBC - 9:33AM 10 once-affordable housing markets where residents could soon be priced out Calculated Risk Blog - 8:06AM Las Vegas Real Estate in November: Sales Down 12% YoY, Inventory up 63% YoY Reuters - 8:06AM U.S. employment report seen calming fears over economy Bloomberg - 8:06AM Dovish Fed Hike Seen by JPMorgan as Markets Flash ‘Slowdown' Today's Rates Best Execution Rate Change 30 Yr FRM 4.71% -0.02 15 Yr FRM 4.23% -0.02 FHA 30 Year Fixed 4.25% +0.00 Jumbo 30 Year Fixed 4.40% +0.00 5/1 Yr ARM 4.66% -0.02 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 4.75% 0.50 -0.06 15 Yr. Fixed 4.21% 0.40 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 4.07% 0.30 -0.05 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 96.42 +0.48 30YR FNMA 3.5 98.94 +0.25 30YR GNMA 3.0 97.36 +0.42 30YR GNMA 3.5 99.67 +0.39 15YR FNMA 3.0 99.22 +0.20 15YR FNMA 2.5 97.02 +0.22 Treasuries Yield Change 2 YR 2.7170% -0.0450 5 YR 2.7009% -0.0558 10 YR 2.8558% -0.0361 30 YR 3.1466% -0.0111 Prices as of: 12/7/2018 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. © 2018 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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