Daily Newsletter: Consumers More Upbeat on Buying and Selling Despite Lower Price Expectations; Rates Are NOT At All-Time Lows

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30 Year Fixed 2.89%   +0.01 15 Year Fixed 2.39%   -0.02 10YR Treasury 0.68%   -0.0163 FNMA 30YR 3.5 105.48   +0.13 FNMA 15YR 2.5 104.91   -0.13 View Today's Rates

Thursday September 10, 2020 MND NewsWire - 8:22AM Consumers More Upbeat on Buying and Selling Despite Lower Price Expectations Fannie Mae says its Home Purchase Sentiment Index (HPSI) which, before a slight setback in July, had been rebounding strongly from its April COVID-19 related plunge, got back on track ... Mortgage Rate Watch - 6:03PM No, Mortgage Rates Are Definitely Not Back to All-Time Lows! It's Thursday and thus time, once again, for the weekly mortgage rate survey from Freddie Mac. News organizations and even some bond market strategists (sadly) rely on Freddie's weekly ... MBS Commentary - 10:28AM MBS Day Ahead: Do Bonds Care About The Dollar? Central banks are engaging in unprecedented levels of stimulus and transparency. The US is one of the worst offenders, spending at a record pace while facing a drastic revenue shortfall ... MBS RECAP: Lock Decisions Still Hinge on Adverse Market Fee Ops Jobs; QC, Marketing, VOE Tools; Primer on Credit Availability Latest Video Realty Income on REITs amid the pandemic Former Fed chair Alan Greenspan: The budget deficit and entitlement programs remain our two critical issues U.S. weekly jobless claims total 884,000, vs 850,000 expected More News from 'Around the Web' CNBC - 2:18PM Manhattan rental market plunges, leaving 15,000 empty apartments in August CNBC - 2:00PM At least 19 states start paying the extra $300 weekly unemployment benefit www.npr.org - 1:54PM Pandemic Financially Imperils Nearly Half of American Households, Poll Finds Calculated Risk Blog - 1:53PM Houston Real Estate in August: Sales Up 7% YoY, Inventory Down 23% YoY CNBC - 9:45AM The CDC banned evictions, but some renters are still vulnerable CNBC - 8:36AM U.S. weekly jobless claims total 884,000, vs 850,000 expected CNBC - 8:05AM European Central Bank keeps rates and stimulus program unchanged, despite stronger euro eyeonhousing.org - 8:04AM Refinance Poised for Further Rate Declines Today's Rates Best Execution Rate Change 30 Yr FRM 2.89% +0.01 15 Yr FRM 2.39% -0.02 FHA 30 Year Fixed 2.44% -0.01 Jumbo 30 Year Fixed 3.47% +0.02 5/1 Yr ARM 2.79% +0.04 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 3.07% 0.36 -0.01 15 Yr. Fixed 2.62% 0.33 -0.05 30 Yr. Jumbo 3.40% 0.31 -0.01 30 Yr. FHA 3.16% 0.42 -0.03 5/1 ARM 2.99% 0.58 -0.09 Freddie Mac ** 30 Yr. Fixed 2.86% 0.80 -0.07 15 Yr. Fixed 2.37% 0.70 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.11% 0.20 +0.18 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 UMBS 3.0 105.06 -0.11 30YR UMBS 3.5 105.48 +0.13 30YR GNMA 3.0 104.59 -0.22 30YR GNMA 3.5 105.02 -0.03 15YR UMBS 3.0 104.91 -0.13 15YR UMBS 2.5 104.75 -0.14 Treasuries Yield Change 2 YR 0.1389% -0.0079 5 YR 0.2690% -0.0095 10 YR 0.6821% -0.0163 30 YR 1.4213% -0.0299 Prices as of: 9/10/2020 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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