Daily Newsletter: Rates Snap Back to 3-Week Highs; Home Price Slump Reversing?

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30 Year Fixed 3.79%   +0.05 15 Year Fixed 3.45%   +0.04 10YR Treasury 1.81%   +0.0311 FNMA 30YR 3.5 102.67   +0.03 FNMA 15YR 2.5 102.28   -0.03 View Today's Rates

Thursday December 5, 2019 Mortgage Rate Watch - 3:56PM Mortgage Rates Snap Back to 3-Week Highs Mortgage rates have seen a fair amount of volatility so far this week, dropping quickly on Tuesday and moving in the opposite direction since then. Between yesterday and today, that ... MND NewsWire - 1:13PM October's Increases Suggest a Reversal in Home Price Slump After slowing for 17 months, home price gains rose 3.8 percent in July and then held nearly flat in August according to Black Knight's Home Price Index. Now the first tranche of price ... MND NewsWire - 10:35AM Access to Government Backed Mortgages Finally Improves The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) moved significantly higher in November, gaining 2.1 percent compared to October. The index measures ... Pipeline Press - 10:33AM Workflow, Webinar, Just-Missed Products; Vendor News; Rates Steady In the lending world, folks are talking about the change in FHA loan levels . Economists and investors have their eye on debt. Have a balance on your credit card? Or a mortgage, or ... MBS Day Ahead: Bonds Have Forgotten All About Tuesday's Trade Drama FHA 2020 Loan Limits Set Latest Video Investors brace for important jobs report as uncertainty weighs on economy Trump: 'Something could happen' on December 15 regarding China trade China is fully discounted by business community: former Dallas Fed president More News from 'Around the Web' CNBC - 4:56PM Jobs report, consumer sentiment, Kudlow speaks: 3 things to watch for Friday www.consumerfinancemonitor.com - 3:39PM Federal banking agencies and CFPB issue interagency statement on use of alternative data in credit underwriting www.realtor.com - 12:17PM This Chart Shows Just How Much Is Stacked Against Young People Who Want to Buy a Home eyeonhousing.org - 10:01AM Specialty Rooms Wanted by Millennial Home Buyers CNBC - 10:00AM US trade deficit drops in October to lowest level in more than a year CNBC - 8:43AM US weekly jobless claims drop to seven-month low Reuters - 8:13AM Graphic: Gazing into the recession crystal ball www.npr.org - 8:07AM Despite Job Boom, More Men Are Giving Up On Work Reuters - 8:05AM Futures rise on increased hopes of trade deal with China Today's Rates Best Execution Rate Change 30 Yr FRM 3.79% +0.05 15 Yr FRM 3.45% +0.04 FHA 30 Year Fixed 3.40% +0.07 Jumbo 30 Year Fixed 3.90% +0.03 5/1 Yr ARM 3.46% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.68% 0.50 +0.02 15 Yr. Fixed 3.14% 0.40 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.40 +0.00 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 3.0 101.34 -0.05 30YR FNMA 3.5 102.67 +0.03 30YR GNMA 3.0 102.69 -0.05 30YR GNMA 3.5 103.59 -0.11 15YR FNMA 3.0 102.28 -0.03 15YR FNMA 2.5 100.80 -0.05 Treasuries Yield Change 2 YR 1.5923% +0.0142 5 YR 1.6311% +0.0280 10 YR 1.8086% +0.0311 30 YR 2.2561% +0.0318 Prices as of: 12/5/2019 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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