Daily Newsletter: Slower Appreciation Taking a Toll on Equity in Some Markets; Lowest Rates in Over a Month

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30 Year Fixed 4.18%   -0.06 15 Year Fixed 3.91%   -0.03 10YR Treasury 2.40%   -0.0692 FNMA 30YR 3.5 101.23   +0.22 FNMA 15YR 2.5 100.78   +0.19 View Today's Rates

Monday May 13, 2019 MND NewsWire - 5:27PM Slower Appreciation Taking a Toll on Equity in Some Markets Declining property values, while modest and localized, may be taking a toll on homeowner safety margins. ATTOM Data Solutions has released its first quarter 2019 Home Equity and Underwater ... Mortgage Rate Watch - 4:37PM Lowest Mortgage Rates in More Than a Month Mortgage rates moved moderately lower to start the new week as trade tensions remained in focus. In general, the worse the US/China trade relationship is looking at any given moment ... Pipeline Press - 9:08AM Vendor Mgt., Reno, Pricing Products; Lender Disaster Updates I want an Ethereum-powered home loan! It doesn’t matter that I don’t know what Ethereum is; apparently they’re on their way to NY and CA . “Tokenizing the house” ... MBS Commentary - 9:56AM MBS Week Ahead: Data Returns While Trade Drama Backdrop Persists In the week just past, markets were slavishly tuned-in to headlines and developments surrounding US/China trade relations . This generally resulted in bond gains and stock losses. The ... Condo Mortgage Business - Poised for a Breakout VA Subpoenas Multiple Lenders Latest Video Fed's Clarida says lower neutral rates are likely to persist for years Treasury Secretary Steven Mnuchin: US-China trade talks are still ongoing 10-year U.S. Treasury yield hits lowest level since March 28 More News from 'Around the Web' www.redfin.com - 4:48PM Exclusive Redfin and RE/MAX Partnership Ends Bloomberg - 4:29PM Lenders Scolded for Climate Ignorance in ‘Insane' Florida Real Estate Deals Reuters - 3:12PM Fed's Kaplan says he's vigilant but patient on U.S.-China tensions Reuters - 3:12PM Trump says no decision yet on levying tariffs on more Chinese goods www.realtor.com - 3:09PM A Florida Man May Lose His Home—Because He Didn't Cut the Grass CNBC - 2:13PM China's 'self-destructive nuclear option' in trade war: Selling US Treasury bonds Reuters - 2:12PM Fed's Kaplan says trade is critical for U.S economy Reuters - 2:12PM Fed officials see risks in weaker inflation expectations, trade row Bloomberg - 11:55AM Market Odds of a Fed Rate Cut Are Rising Reuters - 10:41AM Six Chinese firms banned from exporting sensitive U.S. goods eyeonhousing.org - 10:18AM 13% of Adults Are Planning a Home Purchase in the Next 12 Months CNBC - 8:26AM China is raising tariffs on $60 billion of US goods starting June 1 Bloomberg - 8:03AM Fed's Kashkari Adds Inequality to Argument for Keeping Rates Low Bloomberg - 8:03AM Tariff Turmoil Helps Rates Traders Wrest Narrative Back From Fed Today's Rates Best Execution Rate Change 30 Yr FRM 4.18% -0.06 15 Yr FRM 3.91% -0.03 FHA 30 Year Fixed 4.00% +0.00 Jumbo 30 Year Fixed 4.10% -0.04 5/1 Yr ARM 4.09% -0.05 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 4.22% 1.43 -0.12 30 Yr. Fixed 4.78% 1.18 -0.20 MBA ** 30 Yr. Fixed 4.67% 0.00 +0.02 15 Yr. Fixed 0.00% 0.00 -4.00 30 Yr. Jumbo 0.00% 0.00 -4.40 30 Yr. FHA 0.00% 0.00 -4.64 5/1 ARM 0.00% 0.00 -3.95 Freddie Mac ** 30 Yr. Fixed 4.10% 0.50 -0.04 15 Yr. Fixed 3.57% 0.40 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.63% 0.40 -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 99.22 +0.31 30YR FNMA 3.5 101.23 +0.22 30YR GNMA 3.0 100.44 +0.27 30YR GNMA 3.5 102.17 +0.20 15YR FNMA 3.0 100.78 +0.19 15YR FNMA 2.5 99.16 +0.20 Treasuries Yield Change 2 YR 2.1905% -0.0818 5 YR 2.1848% -0.0835 10 YR 2.4033% -0.0692 30 YR 2.8385% -0.0514 Prices as of: 5/13/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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