Daily Newsletter: Homebuyers Aren't Big on Mortgage Shopping; Lowest Rates Since November 2016

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30 Year Fixed 3.61%   -0.04 15 Year Fixed 3.30%   -0.03 10YR Treasury 1.72%   -0.0086 FNMA 30YR 3.5 102.69   -0.28 FNMA 15YR 2.5 102.23   -0.16 View Today's Rates

Tuesday August 6, 2019 MND NewsWire - 9:57AM Homebuyers Aren't Big on Mortgage Shopping Doug Duncan, Fannie Mae's chief economist, says homebuyers need to do more shopping around before they settle on a mortgage lender. Results from a recent National Housing Survey shows ... Mortgage Rate Watch - 6:03PM Lowest Rates Since November 2016 Mortgage rates hit their lowest levels since November 2016 late last week and they've proceeded to set a new long-term low each day since then. Today was no exception. That's fairly ... MBS Commentary - 9:50AM MBS Day Ahead: When it Comes to Holding Recent Gains, What Would Failure Look Like? In the day just passed, the bond market spent a 3rd straight day collecting treasure. For our purposes, "treasure" refers to the newfound, unexpected, and fairly massive gains courtesy ... Pipeline Press - 9:00AM Sales, Retention, Broker Products; Business is Great, But What's a Margin Call? With this downward move in rates lenders across the nation are girding their loins for margin calls from broker/dealers on mortgage-backed security positions. (What’s a margin ... Just When You Thought Rates Wouldn't Go Any Lower Rising Affordability Now Impacting Home Price Downturn Latest Video Fed's Bullard: Monetary policy cannot react to day-to-day trade headlines Jobs openings hit 7.34 million in June US Treasury Department desginates China a currency manipulator Today's Rates Best Execution Rate Change 30 Yr FRM 3.61% -0.04 15 Yr FRM 3.30% -0.03 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.68% -0.02 5/1 Yr ARM 3.47% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.75% 0.60 +0.00 15 Yr. Fixed 3.20% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.46% 0.40 -0.01 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 3.0 101.55 -0.31 30YR FNMA 3.5 102.69 -0.28 30YR GNMA 3.0 102.61 -0.33 30YR GNMA 3.5 103.63 -0.27 15YR FNMA 3.0 102.23 -0.16 15YR FNMA 2.5 101.06 -0.19 Treasuries Yield Change 2 YR 1.5971% +0.0178 5 YR 1.5260% +0.0453 10 YR 1.7158% -0.0086 30 YR 2.2409% -0.0234 Prices as of: 8/6/2019 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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