Daily Newsletter: Pending Home Sales Fall Back to The 2nd Highest Level on Record; Rates Edge Higher as Risks Increase

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30 Year Fixed 2.99%   +0.01 15 Year Fixed 2.55%   +0.01 10YR Treasury 0.83%   +0.0520 FNMA 30YR 3.5 105.53   -0.03 FNMA 15YR 2.5 104.67   +0.02 View Today's Rates

Thursday October 29, 2020 MND NewsWire - 10:21AM Pending Home Sales Fall Back to The 2nd Highest Level on Record Pending home sales faltered a bit in Septembe r, like new home sales announced earlier this week, the decline ended a four-month winning streak. The National Association of Realtors® ... Mortgage Rate Watch - 2:54PM Mortgage Rates Can Only Hold Out For So Long It was a bit of a bittersweet day for mortgage rates . On the one hand, it was the Fed's first day buying a new category of mortgage-backed bonds--one that would help pave the way for ... MBS Commentary - 11:17AM MBS Day Ahead: Fed Starts Buying 1.5 MBS Coupons Today. Does It Matter? Let's do the simply-worded conclusion right up front. For fans of low rates, the Fed's inclusion of 1.5 MBS (30yr) is a good thing, but not some new and wonderful guarantee of ongoing ... Cap. Mkts., LO Comp Survey, Fulfillment, Retention Tools; Agency-related Changes Lower Rates Bringing In More Buyers (And Higher Prices) Latest Video The 9 a.m. Bond Report: October 29, 2020 Pending home sales are down 2.2% month-over-month U.S. weekly jobless claims total 751,000, vs 778,000 expected More News from 'Around the Web' CNBC - 2:27PM Pelosi presses Mnuchin for answers on coronavirus stimulus as she pushes to restart talks CNBC - 2:25PM Earnings for apartment owners show the pain of urban flight Calculated Risk Blog - 11:44AM Hotels: Occupancy Rate Declined 31.7% Year-over-year CNBC - 9:26AM Watch ECB President Christine Lagarde speak after latest policy move CNBC - 8:38AM U.S. GDP grew 33.1% in the third quarter, vs 32% estimate CNBC - 8:38AM U.S. weekly jobless claims total 751,000, vs 778,000 expected CNBC - 8:05AM Sharp third-quarter growth will show the economy regaining ground, but it's still in a hole Calculated Risk Blog - 8:05AM Freddie Mac: Mortgage Serious Delinquency Rate decreased in September Today's Rates Best Execution Rate Change 30 Yr FRM 2.99% +0.01 15 Yr FRM 2.55% +0.01 FHA 30 Year Fixed 2.43% +0.02 Jumbo 30 Year Fixed 3.37% +0.02 5/1 Yr ARM 2.73% +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 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.30 +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 3.0 104.47 +0.03 30YR UMBS 3.5 105.53 -0.03 30YR GNMA 3.0 104.00 -0.02 30YR GNMA 3.5 104.47 -0.06 15YR UMBS 3.0 104.67 +0.02 15YR UMBS 2.5 103.94 -0.02 Treasuries Yield Change 2 YR 0.1505% +0.0000 5 YR 0.3717% +0.0400 10 YR 0.8263% +0.0520 30 YR 1.6060% +0.0462 Prices as of: 10/29/2020 4:49PM 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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