Daily Newsletter: New Fair Housing Rules' Effect on Disparate Impact Claims; Fairly Flat Rates, But Volatility Could Increase

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30 Year Fixed 3.58%   -0.01 15 Year Fixed 3.27%   -0.01 10YR Treasury 1.55%   -0.0559 FNMA 30YR 3.5 102.61   0.00 FNMA 15YR 2.5 102.41   +0.05 View Today's Rates

Tuesday August 20, 2019 Mortgage Rate Watch - 5:13PM Mortgage Rates Fairly Flat Today, But Volatility Could Increase Mortgage rates held steady today, for the most part. If there was a leaning, it was toward slightly lower rates, but not by a wide enough margin to be significant. At first glance, ... MND NewsWire - 2:30PM New Fair Housing Rule Eases Defense of Disparate Impact Claims Monday's edition of the Federal Register featured a proposed rule that, depending on your viewpoint, would amend the Department of Housing and Urban Development's (HUD's) interpretation ... MBS Commentary - 8:59AM MBS Day Ahead: Apparently, It's Not Over Yet In the day just passed, we considered a rather melodramatic question ("is it over?"), which refers to the general strength in the bond market seen in August and our ability to maintain ... Pipeline Press - 8:45AM DPA Products; Webinars This Week; Credit News; Better.com is Worth What? Why is a 43% DTI, a line many view as “drawn in the sand,” so critical to the ability of a borrower to repay a loan? What about reserves or utility bill payment? If the ... Fannie Mae Predicts Two Additional 2019 Rate Cuts, Here's Why MBS Day Ahead: Is It Over? Latest Video Toll Brothers beats estimates on revenue, shares up after hours FDIC votes to ease trading regulations for Wall Street banks Avallone: recession fears impacting bond market More News from 'Around the Web' www.realtor.com - 5:11PM This Is How Cool You Should Keep Your House—Spoiler: Not Very Reuters - 4:45PM It's the Fed, but the world will have its say Reuters - 3:12PM Trump looking at possible U.S. tax cuts but not now CNBC - 2:34PM 8 U.S. cities where you need to earn more than $100,000 to buy a home Reuters - 12:34PM Safe-havens rise as recession concerns boost hopes for easing Reuters - 12:34PM Home Depot beats quarterly profit estimates, warns of tariff impact CNBC - 10:58AM Italian Prime Minister Conte announces resignation, bringing Rome closer to snap elections CNBC - 10:09AM Former Fed official Kocherlakota agrees with Trump that rates are too high Reuters - 9:38AM U.S. banking regulator approves simpler 'Volcker Rule' ban on proprietary trading CNBC - 8:29AM Robert Shiller says the Fed's rate cut had the opposite intended effect, sparked recession alarm Reuters - 8:07AM Inverted what? Searches for obscure financial term spike on Google CNBC - 8:07AM The Fed will cut rates five more times before April, analysts predict www.redfin.com - 8:03AM In Detroit, a Family Needs to Earn $27,000 to Afford the Typical Home. In San Francisco, It's More Than $265,000. Today's Rates Best Execution Rate Change 30 Yr FRM 3.58% -0.01 15 Yr FRM 3.27% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.70% +0.00 5/1 Yr ARM 3.41% -0.01 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 3.60% 0.50 +0.00 15 Yr. Fixed 3.07% 0.50 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.35% 0.30 -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 3.0 101.66 +0.09 30YR FNMA 3.5 102.61 0.00 30YR GNMA 3.0 102.78 +0.05 30YR GNMA 3.5 103.72 +0.02 15YR FNMA 3.0 102.41 +0.05 15YR FNMA 2.5 101.25 +0.05 Treasuries Yield Change 2 YR 1.5103% -0.0431 5 YR 1.4280% -0.0523 10 YR 1.5521% -0.0559 30 YR 2.0361% -0.0500 Prices as of: 8/20/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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