Daily Newsletter: Builder Confidence at Best Levels Since 2018; Refis Still Strong Despite Purchase Decline

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30 Year Fixed 3.79%   -0.01 15 Year Fixed 3.35%   -0.01 10YR Treasury 1.74%   -0.0263 FNMA 30YR 3.5 102.45   +0.08 FNMA 15YR 2.5 102.17   +0.13 View Today's Rates

Wednesday October 16, 2019 MND NewsWire - 10:30AM Builder Confidence at Best Levels Since 2018 The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has held in the mid-to-upper 60 range since May, finally got moving this month. The Index ... MND NewsWire - 10:01AM Harvard Study Looks at Where, How Aging Baby Boomers Live While a lot of attention is now focused on Millennials, the country is still aging. A new report from the Harvard Joint Center for Housing Studies looks at how the growing population ... MND NewsWire - 8:10AM Purchases Decline, Refis Still Strong as Rates Show Mixed Results Mortgage application volume eked out a slight gain during the week ended October 11 as interest rates became mixed . Purchasing weakened while the volume increase was again driven by ... Mortgage Rate Watch - 6:01PM Mortgage Rates Little-Changed Near Recent Highs Mortgage rates improved modestly today, depending on the lender. Some lenders moved rates higher yesterday due to deterioration in the bond market. Others simply planned to adjust for ... Broker, LOS, Warehouse Products; Nationwide Events and Free Training MBS Day Ahead: Brexit Headlines vs Retail Sales Latest Video Former Fannie Mae CEO Tim Mayopoulos on why it's so difficult to find affordable housing Q3 GDP tracking at 1.5 percent: CNBC Rapid Update Home builder sentiment at highest level since February 2018 More News from 'Around the Web' CNBC - 3:16PM U.S. economy expands but trade tensions weigh, Fed survey shows Calculated Risk Blog - 3:15PM CAR on California Housing: Low Rates "Bolster" Sales in September Reuters - 3:15PM Brexit deal at hand in Brussels, Johnson struggles to win support at home Reuters - 12:46PM Big banks say U.S. consumers sturdy as businesses quiver with growth fears CNBC - 10:59AM Fed's Evans says no more rate cuts are needed this year CNBC - 8:42AM US retail sales post first decline in seven months CNBC - 8:27AM There are doubts about China's promise to purchase more US farm products Bloomberg - 8:03AM Too Many Children Have Little Hope for Future, Fed's Bostic Says Bloomberg - 8:03AM ECB Should Consider a Better Inflation Measure, S&P Says Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% -0.01 15 Yr FRM 3.35% -0.01 FHA 30 Year Fixed 3.35% -0.03 Jumbo 30 Year Fixed 3.81% -0.01 5/1 Yr ARM 3.44% -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 3.57% 0.60 -0.08 15 Yr. Fixed 3.05% 0.50 -0.09 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.35% 0.30 -0.03 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 3.0 101.22 +0.14 30YR FNMA 3.5 102.45 +0.08 30YR GNMA 3.0 102.69 +0.17 30YR GNMA 3.5 103.88 +0.09 15YR FNMA 3.0 102.17 +0.13 15YR FNMA 2.5 100.78 +0.13 Treasuries Yield Change 2 YR 1.5896% -0.0039 5 YR 1.5674% -0.0313 10 YR 1.7447% -0.0263 30 YR 2.2283% -0.0044 Prices as of: 10/16/2019 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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