Daily Newsletter: Rates Are Actually LOWER This Week; What Exactly is "Mass Timber?"

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30 Year Fixed 3.80%   -0.02 15 Year Fixed 3.46%   -0.04 10YR Treasury 1.82%   -0.0708 FNMA 30YR 3.5 102.58   +0.16 FNMA 15YR 2.5 102.25   +0.20 View Today's Rates

Thursday November 14, 2019 Mortgage Rate Watch - 4:24PM Mortgage Rates Are Actually LOWER This Week Mortgage rates moved lower again today. Whereas it was a bit easier to be dismissive about recent improvements, they're starting to add up at this point. Granted, we're not talking ... MND NewsWire - 4:59PM What Exactly is "Mass Timber" and Why Should We Care? Look closely and you will see that a lack of new home construction is behind almost every problem facing housing today. Residential construction has simply not recovered from the financial ... MBS Day Ahead: Should The Last Trend Get a Do-Over? Broker, Marketing, DPA Tools; GSE Changes; Yield Curve, Employment, and Mortgage Rates Latest Video Fed Chair Jerome Powell testifies before US House Komal Sri-Kumar: Expect a period of lower bond yields United Wholesale Mortgage CEO on the state of the housing market More News from 'Around the Web' Reuters - 3:27PM Fed's Kaplan says strong consumer will help the U.S. economy avoid recession in 2020 Reuters - 3:27PM Fed's Bullard: 'More normal' yield curve bullish sign for 2020 Reuters - 2:35PM Fed not focused on daily ups, downs of trade deal: Williams Reuters - 2:35PM Fed's Powell: No 'booming' in U.S. economy that threatens to go bust Calculated Risk Blog - 2:34PM Looking back: "The Cupboard is Full" Reuters - 2:31PM U.S. fines former Deutsche Bank subprime chief over alleged mortgage fraud CNBC - 11:20AM Powell says he doesn't see a 'day of reckoning' coming for the US anytime soon Calculated Risk Blog - 10:40AM MBA: "Mortgage Delinquencies Fall to Lowest Level in Nearly 25 Years" www.consumerfinancemonitor.com - 10:06AM This week's podcast: A look at the California Consumer Privacy Act proposed regulations Reuters - 9:37AM U.S. producer prices rise solidly; healthcare costs increasing CNBC - 8:39AM US jobless claims total 225,000, vs. 215,000 expected Bloomberg - 8:14AM Trade Talks Hit Bump as China Resists U.S. Demands on Agricultural Purchases Bloomberg - 8:07AM Fannie-Freddie Share Sales Might Come in 2022, Watchdog Says Today's Rates Best Execution Rate Change 30 Yr FRM 3.80% -0.02 15 Yr FRM 3.46% -0.04 FHA 30 Year Fixed 3.43% -0.02 Jumbo 30 Year Fixed 3.89% -0.03 5/1 Yr ARM 3.45% -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 4.05% 0.37 +0.03 15 Yr. Fixed 3.40% 0.36 +0.01 30 Yr. Jumbo 4.01% 0.30 +0.05 30 Yr. FHA 3.83% 0.28 +0.04 5/1 ARM 3.43% 0.23 +0.14 Freddie Mac ** 30 Yr. Fixed 3.75% 0.60 +0.06 15 Yr. Fixed 3.20% 0.50 +0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.44% 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 3.0 101.31 +0.28 30YR FNMA 3.5 102.58 +0.16 30YR GNMA 3.0 102.66 +0.28 30YR GNMA 3.5 103.72 +0.06 15YR FNMA 3.0 102.25 +0.20 15YR FNMA 2.5 100.78 +0.22 Treasuries Yield Change 2 YR 1.5955% -0.0507 5 YR 1.6317% -0.0661 10 YR 1.8204% -0.0708 30 YR 2.2997% -0.0702 Prices as of: 11/14/2019 5:03PM 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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