Daily Newsletter: Consumers Remain Confident About Job Prospects; Rates Stay Steady as Market Volatility Wanes

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30 Year Fixed 3.01%   -0.01 15 Year Fixed 2.41%   -0.01 10YR Treasury 0.77%   -0.0183 FNMA 30YR 3.5 105.36   -0.14 FNMA 15YR 2.5 104.69   -0.13 View Today's Rates

Thursday October 8, 2020 MND NewsWire - 9:59AM Consumers Remain Confident About Job Prospects Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound from its spring slide , rising for the second straight month. The HPSI, based on a subset of six questions from ... Mortgage Rate Watch - 3:53PM Rates Remain Steady as Market Volatility Dies Down After rising at a medium-quick pace to begin the week, the past 3 days have been much calmer by comparison for mortgage rates . Today was the best example of that stability with the ... MBS Commentary - 10:17AM MBS Day Ahead: Too Soon to Hope For Support? This week began with a decisive breakout to higher yields in the bond market. Trump's comments on stimulus have been a key source of volatility although the Treasury auction process ... Ops Mgr., MLO Jobs; Capital Markets Products; Retention, Direct Mail, VOE Tools Refi Application Volume Recovers From Last Week's Loss Latest Video Here's a look at the financial health of consumers as stimulus talks stall The 9a.m. Bond Report: October 8, 2020 Former Goldman Sachs CEO Lloyd Blankfein on monetary policy and the debt More News from 'Around the Web' CNBC - 3:52PM Red hot home prices have more consumers saying now is a bad time to buy Calculated Risk Blog - 3:51PM Seattle Real Estate in September: Sales up 59% YoY, Inventory UP 8% YoY Calculated Risk Blog - 3:37PM AAR: September Rail Carloads down 9.7% YoY, Intermodal Up 7.1% YoY eyeonhousing.org - 3:37PM Consumer Credit Decreases in August CNBC - 2:18PM Years of low interest rates made the current economic crisis worse, Fed's Rosengren says CNBC - 12:39PM Lloyd Blankfein sees `bubble elements' in markets thanks to 'free' money CNBC - 9:55AM Empty rental apartments in Manhattan triple, nearly hitting 16,000 CNBC - 8:40AM U.S. weekly jobless claims total 840,000, vs 825,000 estimate CNBC - 8:07AM European markets head for higher open as investors keep an eye on U.S. stimulus talks Today's Rates Best Execution Rate Change 30 Yr FRM 3.01% -0.01 15 Yr FRM 2.41% -0.01 FHA 30 Year Fixed 2.37% -0.01 Jumbo 30 Year Fixed 3.38% +0.00 5/1 Yr ARM 2.79% -0.02 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 3.01% 0.37 -0.04 15 Yr. Fixed 2.59% 0.36 -0.06 30 Yr. Jumbo 3.31% 0.30 -0.02 30 Yr. FHA 3.12% 0.32 -0.03 5/1 ARM 2.80% 0.34 -0.15 Freddie Mac ** 30 Yr. Fixed 2.87% 0.80 -0.01 15 Yr. Fixed 2.37% 0.70 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.89% 0.20 -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 UMBS 3.0 104.52 -0.02 30YR UMBS 3.5 105.36 -0.14 30YR GNMA 3.0 103.92 -0.23 30YR GNMA 3.5 105.27 +0.98 15YR UMBS 3.0 104.69 -0.13 15YR UMBS 2.5 104.16 -0.05 Treasuries Yield Change 2 YR 0.1468% -0.0059 5 YR 0.3260% -0.0127 10 YR 0.7652% -0.0183 30 YR 1.5636% -0.0175 Prices as of: 10/8/2020 4:04PM 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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